Last 16th August' 2016 BRAC Business School (BBS) invited Dr. Fazley Siddiq, Professor of University of New Brunswick to give a speech on academic accreditation and PhD admission process to the faculty of BBS. Our honorable Vice Chancellor Dr. Saad Andaleeb and Dr. Md. Tareque Aziz, Associate Professor and Head of Operations of BBS were present in the session along with other faculty members. In his speech Dr. Siddiq talked about the process, advantages and challenges of getting AACSB accreditation. He also gave a thorough description of the steps required to fulfill the accreditation process. Dr. Andaleeb identified the major challenges of Bangladeshi Universities to go for this accreditation. The session was followed by a detailed Q&A session by the faculty members, where Dr. Siddiq tried to shed light on many relevant and important issues of PhD admission process and criterion for the younger faculty members of BBS.