TAMPA, Fla., Aug. 10, 2016 /PRNewswire-USNewswire/ -- AACSB International (AACSB) announced today that Northeastern Illinois University has earned accreditation for its College of Business and Management. Founded in 1916, AACSB International is the longest serving global accrediting body for business schools that offer undergraduate, master's, and doctorate degrees in business and accounting.
"AACSB congratulates Northeastern Illinois University and dean Michael Bedell on earning accreditation," said Robert D. Reid, executive vice president and chief accreditation officer of AACSB International. "AACSB Accreditation represents the highest achievement for an educational institution that awards business degrees. The entire Northeastern team—including the administration, faculty, directors, staff, and students—are to be commended for their roles in earning accreditation."
AACSB Accreditation is the hallmark of excellence in business education, and has been earned by less than five percent of the world's business programs. Today, there are 777 business schools in 52 countries and territories that maintain AACSB Accreditation. Similarly, 185 institutions maintain an additional specialized AACSB Accreditation for their accounting programs.
Achieving accreditation is a process of rigorous internal review, engagement with an AACSB assigned mentor, and peer review. During the multi-year process the school focuses on developing and implementing a plan to align with AACSB's Accreditation standards. These standards require excellence in areas relating to strategic management and innovation; student, faculty, and staff as active participants; learning and teaching; and academic and professional engagement.
"Northeastern Illinois University is proud and honored to join AACSB's exclusive club of world-class business schools," President Sharon Hahs said. "This prestigious accreditation represents the hard work, community engagement and dedication to excellence that our students, faculty, staff and alumni demonstrate every day. We will continue to rise to fulfill the University's mission to prepare a diverse community of students for leadership and service in our region and in a dynamic multicultural world."
"It takes a great deal of self-evaluation and determination to earn AACSB Accreditation, and I commend Northeastern Illinois University for its dedication to management education, as well as its leadership in the community," said Reid. "Through accreditation, Northeastern has not only met specific standards of excellence, but has also made a commitment to ongoing improvement to ensure that the institution will continue to deliver high quality education to its students."
AACSB International also announced that Chang Gung University (Chinese Taipei), Chung Hua University (Chinese Taipei), ISCTE Business School (Portugal), King Saud University (Saudi Arabia), Kingston University (United Kingdom), MCI Management Center Innsbruck (Austria), Nankai University (China), Nottingham Trent University (United Kingdom), Ritsumeikan Asia Pacific University (Japan), the Gordon Institute of Business Science (GIBS) at the University of Pretoria (South Africa), the School of Business, Economics and Law at the University of Gothenburg (Sweden), The University of Newcastle (Australia), Universiti Utara Malaysia (Malaysia), University of International Business and Economics (China), and XLRI Jamshedpur (India) have earned accreditation in business.
About AACSB International
As the world's largest business education network connecting academe with business, AACSB provides business education intelligence, quality assurance, and professional development services to more than 1,500 member organizations across 91 countries and territories. Founded in 1916, AACSB Accreditation is the highest standard of quality in business education, with over 775 business schools accredited worldwide. AACSB's global headquarters is located in Tampa, Florida, USA; its Asia Pacific headquarters is located in Singapore; and its Europe, Middle East, and Africa headquarters is located in Amsterdam, the Netherlands. For more information, visit www.aacsb.edu.
SOURCE AACSB International