AACSB International, a global nonprofit organization that accredits business schools, has awarded the College of Business and, in a separate review, the accounting program re-accreditation.
Less than five percent of all schools offering degree programs in business at the bachelor level or higher worldwide hold AACSB accreditation and only one percent hold the supplemental accounting accreditation, according to the AACSB.
“Our faculty and staff have been working tirelessly,” said Georgette Chapman Phillips, the Kevin L. and Lisa A. Clayton Dean of the College of Business. “Over the past few years, we have overhauled the undergraduate core curriculum and redesigned the graduate programs. We’ve added 20 faculty members, and created a new decision and technology analytics department, to reflect the ever-increasing importance of technology and analytics.
AACSB accreditation includes a rigorous peer review process conducted every five years that is designed to promote continuous improvement and monitor how a program’s faculty, students and curriculum complement the college’s mission.
The AACSB accreditation for accounting holds the program to additional standards specific to the field.