Faculty of Business at AUB Mediterraneo Reaccredited by AACSB, Upholding Global Standards of Excellence
Pafos, Cyprus, March 19, 2025 -The Faculty of Business at the American University of Beirut - Mediterraneo (AUB Mediterraneo) is proud to announce that it has received AACSB International accreditation as part of the reaccreditation of Suliman S. Olayan School of Business (OSB) at the American University of Beirut (AUB). AUB Mediterraneo in Cyprus serves as a twin campus of AUB in Beirut, reinforcing the school’s commitment to academic excellence across both locations.
This achievement retains OSB’s and the Faculty of Business at AUB Mediterraneo’s position among the world’s top 6% of business schools that have earned this prestigious recognition.
This milestone underscores AUB Mediterraneo’s commitment to delivering world-class business education that emphasizes excellence in teaching, research, and community impact. Since welcoming students in Fall 2023, AUB Mediterraneo has embodied AUB’s long-standing tradition of educational leadership, offering students a globally recognized curriculum and fostering the next generation of forward-thinking business leaders in the Mediterranean region.
“This reaccreditation is a testament to our dedication to providing high-quality education that meets the highest international standards,” said Alain Daou, Dean of the Faculty of Business at AUB Mediterraneo. “Our students in Pafos benefit from the same robust academic framework and opportunities as their peers in Beirut, preparing them to thrive in today’s dynamic global business environment.”
Through this accreditation, students at AUB Mediterraneo gain access to an internationally recognized degree, ensuring their education is both comprehensive and competitive on the global stage. The reaccreditation highlights the Faculty of Business’s focus on innovative learning, ethical leadership, and impactful research, reflecting AUB’s broader mission to inspire and equip students for success worldwide.
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About the Faculty of Business at AUB Mediterraneo
The Faculty of Business at AUB Mediterraneo offers a diverse range of programs designed to cultivate critical thinking, entrepreneurial spirit, and global perspectives among students. As part of AUB’s first branch campus outside Lebanon, the Faculty is an integral component of AUB’s vision to expand its educational impact across the Mediterranean and beyond. Students benefit from cutting-edge curricula, distinguished faculty, and a vibrant campus life in Pafos, Cyprus.
About the American University of Beirut – Mediterraneo
The American University of Beirut – Mediterraneo (AUB Mediterraneo) in Pafos, Cyprus, is approved by the Middle States Commission on Higher Education (MSCHE) as a branch campus of the American University of Beirut (AUB) in Beirut, Lebanon. AUB operates under a charter granted by the New York State Education Department (NYSED) which registers the university’s degree programs. All departments and programs at AUB Mediterraneo are accredited in Europe and Cyprus through the Cyprus Agency of Quality Assurance and Accreditation of Higher Education (CYQAA) and recognized globally. For more information, please visit [AUB Med Website]
About the Suliman S. Olayan School of Business (OSB) at AUB
The history of business education at AUB dates back to 1900, initially offered under the Faculty of Arts and Sciences. In 2000, AUB marked the hundred-year anniversary of its business programs by establishing an independent school of business—later named the
Suliman S. Olayan School of Business (OSB) in 2003 to honor the late international Saudi businessman and AUB trustee, whose family has been a major supporter of the University.
Over the past two decades, OSB has evolved substantially, growing its full-time faculty from 13 in 2000–01 to more than 50 today, and graduating approximately 350 undergraduates and 80 graduate students annually. OSB currently offers 7-degree programs, including BBA, MBA, Online MBA, EMBA, MFIN, MSBA, and MHRM. For more information, please visit: [OSB website].
About the American University of Beirut (AUB)
Founded in 1866, the American University of Beirut bases its educational philosophy, standards, and practices on the American liberal arts model of higher education. A teaching-centered research university, AUB has around 1,000 instructional faculty and a student body of around 8,000 students. The University encourages freedom of thought and expression and seeks to graduate men and women committed to creative and critical thinking, life-long learning, personal integrity, civic responsibility, and leadership. AUB currently offers more than 140 programs leading to the bachelor's, master's, MD, and PhD degrees. For more information, please visit: [AUB Website].
About AACSB International
AACSB, the Association to Advance Collegiate Schools of Business, is the global standard-setting body for business education, strengthening the world’s business schools through accreditation, thought leadership, and transformative learning. Around six percent of business schools worldwide have earned this distinction, which recognizes excellence in areas including strategic management, learner success, thought leadership, engagement, and societal impact. For more information, please visit: [AACSB Webpage]
