TAMPA, Fla., May 14, 2015 /PRNewswire-USNewswire/ -- AACSB International announces that Stevens Institute of Technology has earned accreditation for its School of Business. 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 congratulates Stevens Institute of Technology and dean Gregory Prastacos 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 Stevens 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 736 institutions across 48 countries and territories that have earned AACSB Accreditation in business. Similarly, 182 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.
"It takes a great deal of self-evaluation and determination to earn AACSB Accreditation, and I commend Stevens Institute of Technology for its dedication to management education, as well as its leadership in the community," said Reid. "Through accreditation, Stevens 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 EM Strasbourg Business School (France), King Abdulaziz University (Saudi Arabia), Kutztown University (United States), Purdue University Calumet (United States), the University of New Haven (United States), the University of Windsor (Canada), Zhejiang University (China), and Zurich University of Applied Sciences (Switzerland) have earned accreditation in business.
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 87 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