AACSB-accredited schools comprise about 5% of all business programs world-wide, and nearly all elite institutions in the U.S., according to the group's own estimate.
He recently chaired a report by the AACSB accrediting body entitled The Globalisation of Management Education, which suggested that the trend for global programmes is only going to continue on an upward curve.
Bob Reid, AACSB's chief accreditation officer and a former dean at James Madison University's business school, says the group now assesses schools in the context of their individual missions, rather than against a common standard.