AUB has been awarding business degrees since 1900 and has been registered with and recognized by the Department of Education of New York State and functioning under its charter since 1863. In addition to operating under a New York State Charter, AUB is classified by the US Internal Revenue Service as a 501(c)(3) organization and has been authorized to grant business degree programs by the Equivalence Committee of the Ministry of Higher Education in Lebanon.  All of AUB’s academic programs are accredited by the Middle States Commission on Higher Education in the United States. 

In addition, OSB is aggressively pursuing AACSB (the Association to Advance Collegiate Schools of Business) International Business Accreditation planned for the Fall of 2009. AACSB International is the leading international accrediting agency for bachelors, masters and doctoral degree programs in business administration and accounting. Although AACSB has been in existence for the past 90 years, it only began to offer accreditation to institutions based outside the US in the late 1990s. Shortly after its establishment as a distinct School at AUB, OSB moved quickly to begin the process of acquiring accreditation.

OSB has an excellent reputation for overall high quality in the Middle East region. Its Alumni are among the most prominent and successful of entrepreneurs and leaders in the Arab region and beyond.