Trinity College’s business school has been granted world-class status after getting accredited by a top educational body.
Trinity Business School announced on Tuesday that it has obtained the stamp of approval from the US-based Association to Advance Collegiate Schools of Business (AACSB) .
It already enjoys accreditation by the Association of MBAs (AMBA) in London and the European EQUIS body.
Only 100 business schools in the world have accreditation from all three bodies.
“It’s a bit of a game changer for Ireland,” said Professor Andrew Burke, Dean of the school. “It’s key for businesses based here, in terms of having a top-quality graduate market to draw upon.”
It puts the school - the alma mater of Ryanair boss Michael O’Leary, entrepreneur and filmmaker Ricky Rose and global president of Mars Food and Drink, Fiona Dawson - in the top 0.6pc of business schools globally.
The award means the school joins the ranks of Harvard Business School, Imperial College London’s business school and France’s INSEAD.
Prof. Burke said it should help with fundraising, attracting top students and staff and forging partnerships with leading universities worldwide.
The school is in discussions with several institutions in North America, and hopes to announce formal partnerships in the next six months.
A sudden rise in fees is not on the cards, despite the new elite status, as the school has committed to attracting students from underprivileged backgrounds.
It intends to launch a fundraising campaign for such scholarships in the near future.
“It’s certainly true that we would be in a position to raise our fees substantially, actually, now that we’ve got this, but we don’t have any plans to do that,” said Prof. Burke.
“Getting an education in Trinity Business School - or Trinity generally - just opens so many doors and creates so many opportunities, and we really feel that more people ought to get access to that,” he said.
The school is also stressing its green credentials, having just opened a new €80 million zero-energy building in 2019, . , featuring smart classrooms, a rooftop conference room and rainwater-based plumbing.
“We want to be a force for good,” said “Prof. Burke.