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CityU's Faculty of Business (FB) has been accredited by AACSB International (The Association to Advance Collegiate Schools of Business) for its high quality, mission-driven teaching and research activities. The Faculty is among the first batch of business schools to be accredited after AACSB adopted new international accreditation standards in 2003. To date, CityU is the third university in the Greater China area to have gained this prestigious recognition.