Seven Institutions Extend Their AACSB Accreditation in Business or Accounting
TAMPA, Fla., June 10, 2015 /PRNewswire-USNewswire/ -- AACSB International announced today that seven institutions have extended their accreditation in business and/or accounting. Founded in 1916, AACSB International (AACSB) is the longest serving global accrediting body for business schools that offer undergraduate, master's, and doctorate degrees in business and accounting.
AACSB Accreditation is the hallmark of excellence in business education, and has been earned by less than five percent of the world's business schools. Today, there are 736 business schools in 48 countries and territories that have earned AACSB Accreditation. Similarly, 182 institutions hold an additional specialized AACSB Accreditation for their accounting programs.
"AACSB commends each institution for their exemplary work in holding the highest honor in business school accreditation," said Robert D. Reid, executive vice president and chief accreditation officer of AACSB International. "During this peer-review process schools must demonstrate alignment with AACSB's global accreditation standards, as well as how they encourage engagement, innovation, and impact across the communities they serve."
Achieving accreditation is a process of rigorous internal review, engagement with an AACSB-assigned mentor, and peer review. During this multi-year process schools focus 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.
To realize accounting accreditation, an institution must first earn AACSB Business Accreditation. Then, in addition to developing and implementing a mission-driven plan to satisfy the business accreditation quality standards, accounting accreditation requires the satisfaction of an additional set of standards that are specific to the discipline and profession of accounting.
As ratified by the Board of Directors of AACSB International, the following schools have extended their accreditation in business and/or accounting:
Schools Extending their Business Accreditation
Charles H. Dyson School of Applied Economics and Management, Cornell University (USA)
Drexel University (USA)
Mercer University-Macon and Atlanta Campuses (USA)
University of Denver (USA)
University of Toledo (USA)
Schools Extending their Accounting Accreditation
Oregon State University (USA)
The University of Montana (USA)
University of Denver (USA)
About AACSB International
AACSB International (The Association to Advance Collegiate Schools of Business), founded in 1916, is an association of more than 1,450 educational institutions, businesses, and other organizations in 89 countries and territories. AACSB's mission is to advance quality management education worldwide through accreditation, thought leadership, and value-added services. As the premier accreditation body for institutions offering undergraduate, master's, and doctorate degrees in business and accounting, the association also conducts a wide array of conferences and seminar programs at locations throughout the world. 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, please visit: www.aacsb.edu.
SOURCE AACSB International
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