Founded in 1947 Aston Business School (ABS) is one of the largest and oldest business schools in the UK. The school was ranked 8th in the UK and 33rd in the world by QS in 2012 and it is among the top 60 of business schools in the world to hold triple accreditation. ABS was the first UK business school to be awarded the prestigious EQUIS accreditation, in 1999. ABS is the first institution in the UK to be allied with Beta Gamma Sigma by establishing a BGS Collegiate Chapter. In 2006 it opened a new £22m extension including new study rooms and two new lecture theatres.