After several site visits by an external jury and extensive evaluation over several years, UHasselt's Faculty of Business Economics receives the prestigious AACSB quality label from the American Association to Advance Collegiate Schools of Business. It evaluates knowledge-based institutions offering business education worldwide and awards this highly regarded quality label to institutions that excel in their economic education and research. "Quite an honor for our faculty because only 6 percent of academic management programs worldwide have this label," said Dean Prof. Piet Pauwels.