The business programs at Korea University obtained international certification by acquiring Association to Advance Collegiate Schools of Business (AACSB) certifications in both undergraduate and graduate levels and European Quality Improvement System (EQUIS).[35] Accordingly, in 2007, the Ministry of Education, after assessing domestic MBA programs, named Korea University as having the MBA program in South Korea.[36] In the 2015 Financial Times' EMBA Rankings, Korea University Business School's Executive MBA (E-MBA) program was ranked 27th in the world.[37]