National Business Education Accreditation Council (NBEAC)

The Higher Education Commission (HEC), in exercise of powers under section 10 (e) of the HEC Ordinance (Number LIII) of 2002, approved the formation of a National Business Education Accreditation Council at the 11th meeting held on August 15, 2006 and subsequently constituted the same through a notification number 1-2/BAC/QAA/2007 issued in March 2007. NBEAC function at the national level as an accreditation authority within its scope to facilitate enhancing the quality of business education in Pakistan. The NBEAC since its inception has laid out systems, procedures, networks and programs to ensure that all degree awarding institutions in Pakistan are invited to achieve standards that are comparable with global standards and thus gain NBEAC accreditation. In future this accreditation could be used as a mechanism to introduce business school rankings to encourage competitiveness, quality, continuous improvement and sustainability in the Pakistan business education market.