The Lebanese University - Faculty of Economics & Business Administration obtained on 5 June 2020, after presenting its candidacy for the first time, a certificate of accreditation from the “Association of Accredited Schools of Business” (AASBI), an American accreditation agency for business schools around the world.

The certificate, valid from 1 January 2020 to 31 January 2023, was awarded in recognition of compliance with the Institute’s Generally Accepted Education Principles, in the fields of business administration science offered by the Faculty to its Bachelor and master's degree students.