ELI5: Explain Like I'm 5

Association to Advance Collegiate Schools of Business

Okay, so you know how schools have different groups or organizations that they belong to? The Association to Advance Collegiate Schools of Business (AACSB) is a group that schools that teach about business can choose to join.

This group helps these schools make sure they are teaching the right things to make students good at business. They do this by setting standards for what these schools should be teaching and making sure they are following those standards. This way, when you go to a school that is part of the AACSB, you know you are getting a good education in business.

So basically, the AACSB is like a big, important club for schools that teach business, and being part of it makes sure you are learning the right stuff.