Accreditations | INCAE Master Programs


Consistently over the last ten years, INCAE Business School has achieved relevant positions in outstanding international rankings. These rankings evaluate business schools and qualify them according to previously established criteria, determining their positioning at a global and regional level.

The internationally recognized publication that evaluates business schools to create a global ranking is Financial Times. INCAE Business School has consistently held positions in the different rankings of this publication, the most recent being:

#1 Full-time MBA in Latin America and #96 in the world. Financial Times Global MBA Ranking 2019
#5 in the world Salary percentage increase, FT Global MBA 2019
#6 in the world International course experience rank, FT Global MBA 2019
#14 in the world Female students (%), FT Global MBA 2019
#15 in the world in Career progress, FT Global MBA 2019

#1 Business School in América Latina and #11 in the Américas. Financial Times Américas 2018

#1 Executive MBA in Latin America and #49 in the world. Financial Times Executive MBA Ranking 2018
#1 in the world International students , FT Executive MBA 2018
#6 in the world International faculty, FT Executive MBA 2018
#15 in the world International course experience, FT Executive MBA 2018
#31 in the world Corporate social responsibility, FT Executive MBA 2018

#5 Executive Education in the world International Participants and Faculty Diversity. Financial Times 2018.

#1 in Central and South America Entrepreneurship Programs. Financial Times MBAs for Entrepreneurship 2017

INCAE also stands out in other important publications, ranking in the Top 100 of the best International Business Schools according to Poets and Quants 2016 and  # 9 in the world in the category of Executive MBA (EMBA), according to CEO Magazine 2017 and #1 in full-time master's degrees in Latin America according to EDUNIVERSAL.


INCAE Business School holds four prestigious global accreditations, providing its graduates all the benefits of a globally recognized degree, which is an important jumpstart for any international career. INCAE was the first business school in Latin America to receive all three such accreditations.

The Southern Association of Colleges and Schools (SACS): in 1994 INCAE was the first business school outside North America to receive this accreditation.
The Association to Advance Collegiate Schools of Business International (AACSB): in 1998, INCAE was invited to participate in a pilot project for international accreditation, and it was among the first business schools outside North America to receive this honor.
The European Quality Improvement System (EQUIS): this accreditation was granted to INCAE in 2003 by the European Foundation for Management Development (EFMD).

Association of MBAs: INCAE received this recognition in 2018 and is one of the 256 business schools accredited by AMBA worldwide.

INCAE Business School received the prestigious “Triple Crown” of international accreditations from the three most highly influential organizations in global business education: AACSB, AMBA, EQUIS. INCAE is now one of the 88 business school in the world that has the "Triple Crown".


INCAE is accredited by the Southern Association of Colleges and Schools Commission on Colleges to award masters degrees. Contact the Southern Association of Colleges and Schools Commission on Colleges at 1866 Southern Lane, Decatur, Georgia 30033-4097 or call 404-679-4500 for questions about the accreditation of INCAE.


The "Association to Advance Collegiate Schools of Business" (AACSB) is an organization that has historically been the most important accrediting association of business schools in the world. It was founded in 1916, for the purpose of bringing together the finest business schools in the United States to ensure the highest educational standards. The AACSB accreditation is a distinction

INCAE was among the first business schools outside the United States to be accredited by AACSB. The peer review team, made up of deans of business schools, recommended unanimously that accreditation be awarded to INCAE for its academic excellence, innovativeness and uniqueness. Special mention was given to the scope and quality of its educational and research programs,, its faculty, its strategy for developing new faculty, and the firm commitment of all members of the INCAE academic community to the school´s mission.


EQUIS Accredited

EQUIS (the European Quality Improvement System) is a European accreditation and guarantee of quality awarded by the "European Foundation for Management Development" (EFMD), whose basic objective is to elevate the standards of business education in Europe and around the world. EFMD is an international organization that has 650 institutional members including academic organizations, business firms, public service organizations, and consultancies in over 75 countries. EFMD provides a unique forum for the Exchange of information, research, networking, and debate on innovation and best practice in managerial development.


The Association of MBAs is the impartial authority on postgraduate management education. It accredits the Masters programs in Business Administration (MBA), Masters in Business Management (MBM) and Doctorate in Business Administration (DBA) that demonstrate the best standards in teaching, curriculum and student interaction.

INCAE is part of the 2% of the business schools around the world and one of the 33 in Latin America that have received this recognition. Its focus on Sustainability, Entrepreneurship, its influence as a regional analysis group, its participation in the formulation of Central American policies and its connection with institutions such as Harvard Business School, Georgetown and ESADE, were considered as areas of excellence by the AMBA panel.


INCAE is also affiliated with:

BALAS (Business Association of Latin American Studies),
CLADEA (the Latin American Council of Business Schools, or Consejo Latinoamericano de Escuelas de Administración
CFA Institute (Chartered Financial Analyst Institute)

CFA Institute

In collaboration with the CFA Institute, Incae Business School promotes the highest standards of ethics and professional excellence.

The curriculum of the concentration in Finance and Economics covers 70% of the Candidate Body of Knowledge that the CFA Institute evaluates in its exams to award the CFA® Charter

Candidates for the Incae Business School MBA that already have the CFA Charter are exempted from taking the admission exam to the program.

CFA® is a registered trademark of the CFA Institute

Partnership in International Management (PIM)

INCAE is part of a consortium of 65 leading business schools worldwide that promote international cooperation for the development of joint programs, research and knowledge exchange.

Global Network for Advanced Management (GNAM)

INCAE is part of the network of 30 leading business schools in America, Europe, Asia and Africa; committed to educate leaders with a global understanding of the markets, through courses and international exchange programs. 

Quality Enhancement Plan (QEP)

Q.E.P stands for Quality Enhancement Plan and is one of the requirements for reaffirmation of accreditation by the Southern Association of Colleges and Schools (SACS). The QEP Program that INCAE has undertaken is designed to make a measurable impact on employability success of our students after graduation, establishing new pathways for career readiness and prompt outplacement.

Q.E.P. INCAE "Critical thinking for Action"

Document release date | Documentation for QEP

Feb. 2010 INCAE Quality Enhancement Plan

Feb. 2010 INCAE QEP Summary

Assessment of Learning

The following links lead to the full report on the Assessment of Learning of the area of Operations Management 2014, with the analysis of both performed tests, knowledge and critical thinking. 

  1. Aol – OM 2014 – Knowledge Test, Results tables. Download here.
  2. Aol – OM 2014 – Critical Thinking Test, Results tables. Download here.

Download the test report.

This test was taken by the MBA 2015 Costa Rica class in the year 2014.

Statistics about INCAE's MBA

You can download our MBA statistics here