Tampa, Fla., USA (April 28, 2025)—AACSB International (AACSB) announces that ISM University of Management and Economics has earned business accreditation, becoming the first university in the Baltics accredited by AACSB. Founded in 1916, AACSB is the longest-serving global accrediting body for business schools and the largest business education network connecting learners, educators, and businesses worldwide.
“AACSB accreditation recognizes institutions that have demonstrated a focus on excellence in all areas, including teaching, research, curriculum development, and student learning,” said Stephanie M. Bryant, executive vice president and chief accreditation officer of AACSB. “We congratulate ISM University of Management and Economics, and president Dr. Dalius Misiūnas on earning accreditation and applaud the entire team, including the administration, faculty, staff, and students, for their roles in earning this respected honor.”
“I’m incredibly proud of the entire ISM community for earning this prestigious recognition as we mark our 25th anniversary,” said Dr. Dalius Misiūnas, the president of ISM University. “Since our founding in 1999, ISM has continuously challenged and redefined the boundaries of modern business education. Becoming the first university in the Baltics to receive AACSB accreditation is a testament to our dedication and ambition. This accreditation places us among the world’s leading institutions— the trailblazers in teaching, research, and societal impact—and opens even greater opportunities to deliver world-class international education to students in the Baltics and beyond.”
Synonymous with the highest standards of quality, AACSB accreditation inspires new ways of thinking within business education globally.
As a result, less than 6 percent of the world’s schools offering business degree programs hold AACSB business accreditation.
Through today’s ratification, a total of 1,052 institutions across 68 countries and territories have earned AACSB accreditation in business. Furthermore, 194 institutions maintain supplemental AACSB accreditation for their accounting programs.
AACSB accreditation ensures continuous improvement and provides focus for schools to deliver on their mission, innovate, and drive impact. AACSB-accredited schools have successfully undergone a rigorous review process conducted by their peers in the business education community, ensuring that they have the resources, credentials, and commitment needed to provide students with a first-rate, future-focused business education.
“ISM University of Management and Economics’ commitment to earning accreditation is a true reflection of their dedication—not only to their students, alumni network, and greater business community, but to the higher education industry as a whole,” said Bryant. “Today’s students are tomorrow’s business leaders, and the addition of ISM University of Management and Economics to the network of AACSB-accredited business schools will have a lasting positive impact for their institution, both locally and globally.”
About AACSB International
Established in 1916, AACSB International (AACSB) is the world’s largest business education association, representing 1,900 institutional members and 1,000 accredited members, connecting business schools, businesses, and lifelong learners to create the next generation of great leaders. With members in over 100 countries and territories, AACSB elevates the quality and impact of business schools globally. Learn how AACSB and business schools from around the world are leading boldly in business education at aacsb.edu.
