University of Ljubljana Becomes the First School in Slovenia to Earn AACSB International Accreditation

TAMPA, Florida, April 6, 2010 - AACSB International announced today that University of Ljubljana has
earned accreditation for its Faculty of Economics. University of Ljubljana is
the first university in Slovenia to earn business accreditation from AACSB
International. Founded in 1916, AACSB International (AACSB) is the longest
serving global accrediting body for business schools that offer
undergraduate, master's, and doctoral degrees in business and accounting.

"AACSB congratulates the University of Ljubljana and dean Dusan Mramor on
being the first university in Slovenia to earn accreditation, and we welcome
them into the family of AACSB accredited business schools," said John J.
Fernandes, president and chief executive officer of AACSB International.
"AACSB accreditation represents the highest achievement for an educational
institution that awards business degrees. Dean Mramor and the faculty,
directors, and administrative staff of the University of Ljubljana are to be
commended for their role in earning accreditation."

AACSB accreditation is the hallmark of excellence in business education,
and has been earned by less than five percent of the world's business
schools. Today, there are 593 business schools in 37 countries that maintain
AACSB accreditation. Similarly, 173 institutions maintain an additional
specialized AACSB accreditation for their accounting programs.

Achieving accreditation is a process of rigorous internal review,
evaluation, and adjustment and can take several years to complete. During
these years, the school develops and implements a plan to meet the 21 AACSB
standards requiring a high quality teaching environment, a commitment to
continuous improvement, and curricula responsive to the needs of business. As
required by AACSB standards, all accredited schools must go through a peer
review process every five years in order to maintain their accreditation.

"It takes a great deal of self evaluation and determination to earn AACSB
accreditation, and I commend the University of Ljubljana for its dedication
to management education, as well as its leadership in becoming the first
university in Slovenia to earn accreditation," said Jerry Trapnell, executive
vice president and chief accreditation officer of AACSB International.
"Through accreditation, the University of Ljubljana has not only met specific
standards of excellence, but has also made a commitment to ongoing
improvement to ensure that the institution will continue to deliver high
quality education to its students."

AACSB International also announced that City University (United Kingdom),
Drury University (USA), Fudan University (China), Hanyang University (South
Korea), Hong Kong Baptist University (China), IESE Business School (Spain),
Midwestern State University (USA), Missouri Western State University (USA),
Montana State University-Billings (USA), National Taiwan University (Chinese
Taipei), Reims Management School (France), The University of Hong Kong
(China), and the Universidad de los Andes (Columbia) earned AACSB
accreditation in business, and Kent State University (USA), North Carolina
State University (USA), and Seton Hall University (USA), and The University
of Hong Kong (China) earned AACSB accreditation in accounting. Additionally,
63 institutions have maintained their accreditation in business and 17 have
maintained their accreditation in accounting.

About AACSB International

AACSB International (The Association to Advance Collegiate Schools of
Business), founded in 1916, is a membership association of almost 1,200
educational institutions, businesses and other organizations in 74 countries
and territories. AACSB's mission is to advance quality management education
worldwide through accreditation and thought leadership. AACSB accreditation
is the mark of quality distinction most widely sought after by business
schools — less than 5% worldwide have earned the achievement. As the leading
membership and accrediting body for institutions offering undergraduate,
master's and doctorate degrees in business and accounting, the association
also conducts a wide array of conferences and seminar programs at locations
throughout the world. AACSB's global headquarters is located in Tampa,
Florida, USA and its Asia headquarters is located in Singapore.

For more information, please visit www.aacsb.edu

Amy Ponzillo of AACSB International, +1 813-367-5207, mediarelations at aacsb.edu