She added: "Aberdeen
Business School has a reputation as an innovative
business school providing top quality work-ready graduates, solutions to business problems through consultancy and research and opportunities for individuals to upskill and reskill.
Business school director Prof Sharon Mavin said: "We are delighted to once more receive this international recognition from EQUIS and be reaccredited.
Dr Ishrat also advised the
business schools to emphasize experiential learning that could expose students to the real world issues instead of confining them to lecture theaters.
Achieving AACSB International accreditation places a school on the same platform as some of the other leading
business schools in the world.
Leading
business schools worldwide have begun reinventing educational models and tools to engage with students and the wider stakeholder community in a way that adapts to the current dynamic market.
Also, in the area of percentage increase in pre-EMBA salary on graduation, the Lagos
Business School also ranked third in the world, as LBS EMBA graduates recorded a considerable increase in remuneration upon graduation from the programme.
With regard to the provision of executive education, classroom teaching is still the overwhelming method of delivery although more than 60 per cent of
business schools also use experiential learning, coaching and online learning.
In terms of content, more than half of the
business schools studied in the report offered courses across key subjects such as leadership, strategy and general management.
Reasons for the below-average performance of such
business schools are many and varied.
Professor Simon Collinson, chair of the Chartered Association of
Business Schools - whose members include all five of the North East's universities - said: "Whilst the Chancellor has given assurances for programmes that have already been given the green light, we need a commitment in the Government's forthcoming Brexit strategy to fund economic development projects which support business growth, innovation and productivity through leadership programmes and R&D.
NORTHUMBRIA University's
business school has won a national award which recognises its work in supporting the start-up of small businesses.