diff --git a/src/ast/mod.rs b/src/ast/mod.rs
index 77101a873..36ae59339 100644
--- a/src/ast/mod.rs
+++ b/src/ast/mod.rs
@@ -1300,7 +1300,8 @@ pub enum Statement {
     Rollback { chain: bool },
     /// CREATE SCHEMA
     CreateSchema {
-        schema_name: ObjectName,
+        /// `<schema name> | AUTHORIZATION <schema authorization identifier>  | <schema name>  AUTHORIZATION <schema authorization identifier>`
+        schema_name: SchemaName,
         if_not_exists: bool,
     },
     /// CREATE DATABASE
@@ -3275,6 +3276,36 @@ impl fmt::Display for CreateFunctionUsing {
     }
 }
 
+/// Schema possible naming variants ([1]).
+///
+/// [1]: https://jakewheat.github.io/sql-overview/sql-2016-foundation-grammar.html#schema-definition
+#[derive(Debug, Clone, PartialEq, Eq, Hash)]
+#[cfg_attr(feature = "serde", derive(Serialize, Deserialize))]
+pub enum SchemaName {
+    /// Only schema name specified: `<schema name>`.
+    Simple(ObjectName),
+    /// Only authorization identifier specified: `AUTHORIZATION <schema authorization identifier>`.
+    UnnamedAuthorization(Ident),
+    /// Both schema name and authorization identifier specified: `<schema name>  AUTHORIZATION <schema authorization identifier>`.
+    NamedAuthorization(ObjectName, Ident),
+}
+
+impl fmt::Display for SchemaName {
+    fn fmt(&self, f: &mut fmt::Formatter<'_>) -> fmt::Result {
+        match self {
+            SchemaName::Simple(name) => {
+                write!(f, "{name}")
+            }
+            SchemaName::UnnamedAuthorization(authorization) => {
+                write!(f, "AUTHORIZATION {authorization}")
+            }
+            SchemaName::NamedAuthorization(name, authorization) => {
+                write!(f, "{name} AUTHORIZATION {authorization}")
+            }
+        }
+    }
+}
+
 #[cfg(test)]
 mod tests {
     use super::*;
diff --git a/src/parser.rs b/src/parser.rs
index 2944b5586..897e74c66 100644
--- a/src/parser.rs
+++ b/src/parser.rs
@@ -1896,13 +1896,32 @@ impl<'a> Parser<'a> {
 
     pub fn parse_create_schema(&mut self) -> Result<Statement, ParserError> {
         let if_not_exists = self.parse_keywords(&[Keyword::IF, Keyword::NOT, Keyword::EXISTS]);
-        let schema_name = self.parse_object_name()?;
+
+        let schema_name = self.parse_schema_name()?;
+
         Ok(Statement::CreateSchema {
             schema_name,
             if_not_exists,
         })
     }
 
+    fn parse_schema_name(&mut self) -> Result<SchemaName, ParserError> {
+        if self.parse_keyword(Keyword::AUTHORIZATION) {
+            Ok(SchemaName::UnnamedAuthorization(self.parse_identifier()?))
+        } else {
+            let name = self.parse_object_name()?;
+
+            if self.parse_keyword(Keyword::AUTHORIZATION) {
+                Ok(SchemaName::NamedAuthorization(
+                    name,
+                    self.parse_identifier()?,
+                ))
+            } else {
+                Ok(SchemaName::Simple(name))
+            }
+        }
+    }
+
     pub fn parse_create_database(&mut self) -> Result<Statement, ParserError> {
         let ine = self.parse_keywords(&[Keyword::IF, Keyword::NOT, Keyword::EXISTS]);
         let db_name = self.parse_object_name()?;
@@ -5345,4 +5364,37 @@ mod tests {
             });
         }
     }
+
+    #[test]
+    fn test_parse_schema_name() {
+        // The expected name should be identical as the input name, that's why I don't receive both
+        macro_rules! test_parse_schema_name {
+            ($input:expr, $expected_name:expr $(,)?) => {{
+                all_dialects().run_parser_method(&*$input, |parser| {
+                    let schema_name = parser.parse_schema_name().unwrap();
+                    // Validate that the structure is the same as expected
+                    assert_eq!(schema_name, $expected_name);
+                    // Validate that the input and the expected structure serialization are the same
+                    assert_eq!(schema_name.to_string(), $input.to_string());
+                });
+            }};
+        }
+
+        let dummy_name = ObjectName(vec![Ident::new("dummy_name")]);
+        let dummy_authorization = Ident::new("dummy_authorization");
+
+        test_parse_schema_name!(
+            format!("{dummy_name}"),
+            SchemaName::Simple(dummy_name.clone())
+        );
+
+        test_parse_schema_name!(
+            format!("AUTHORIZATION {dummy_authorization}"),
+            SchemaName::UnnamedAuthorization(dummy_authorization.clone()),
+        );
+        test_parse_schema_name!(
+            format!("{dummy_name} AUTHORIZATION {dummy_authorization}"),
+            SchemaName::NamedAuthorization(dummy_name.clone(), dummy_authorization.clone()),
+        );
+    }
 }
diff --git a/tests/sqlparser_common.rs b/tests/sqlparser_common.rs
index ec2ab6e81..106502be1 100644
--- a/tests/sqlparser_common.rs
+++ b/tests/sqlparser_common.rs
@@ -2133,6 +2133,30 @@ fn parse_create_schema() {
     }
 }
 
+#[test]
+fn parse_create_schema_with_authorization() {
+    let sql = "CREATE SCHEMA AUTHORIZATION Y";
+
+    match verified_stmt(sql) {
+        Statement::CreateSchema { schema_name, .. } => {
+            assert_eq!(schema_name.to_string(), "AUTHORIZATION Y".to_owned())
+        }
+        _ => unreachable!(),
+    }
+}
+
+#[test]
+fn parse_create_schema_with_name_and_authorization() {
+    let sql = "CREATE SCHEMA X AUTHORIZATION Y";
+
+    match verified_stmt(sql) {
+        Statement::CreateSchema { schema_name, .. } => {
+            assert_eq!(schema_name.to_string(), "X AUTHORIZATION Y".to_owned())
+        }
+        _ => unreachable!(),
+    }
+}
+
 #[test]
 fn parse_drop_schema() {
     let sql = "DROP SCHEMA X";