SBS is striving towards gaining two accreditations: AACSB (The Association to Advance Collegiate Schools of Business; Tampa, USA) and AMBA (The Associations of MBAs; London, UK). The two accreditation processes have similar components, but with their own specific characteristics.

AACSB: 

Scope: Accredits an institution and the targeted programmes.
Timespan: 2-7 years. 
Possibility for renewed status: Every 5:th year.
Status for SBS: The initial self-evaluation report (iSER) was accepted in April 2016. The first update report of the iSER will be reviewed by the AACSB in late 2017.

AMBA:  

Scope: Accredits specific programmes such as Executive MBAs.
Timespan: 9-18 months.
Possibility for renewed status: Every 3-5 years. 
Status for SBS: Working towards accreditation.