TAMPA, FL, USA (January
7, 2010)—AACSB International announced today that
nine institutions of higher learning from five countries have earned initial accreditation in business. Additionally,
45 schools have maintained their accreditation in business and 21 have maintained their accreditation in accounting. Founded
in 1916, AACSB International (AACSB) is the longest serving global accrediting body for business schools that offer
undergraduate, master's, and doctoral degrees in business and accounting.
By achieving initial accreditation in business, Dalton State College (USA),
Faculdade de Economia da Universidade Nova de Lisboa (Portugal)
Jacksonville University (USA),
Meredith College (USA),
Minnesota State University, Moorhead (USA),
Qatar University (Qatar),
Sasin Graduate Institute of Business Administration of Chulalongkorn University (Thailand),
The Hong Kong Polytechnic University (China),
and Virginia Military Institute (USA) have become part
of an elite group that makes up less than 5 percent of the world's business schools to have earned business
accreditation. The newest accreditations raise the total number of institutions
that maintain specialized AACSB accreditation for their business schools to 579, across 35 countries. Similarly,
170 institutions maintain an additional specialized AACSB accreditation for their accounting programs.
"AACSB commends the faculty, deans, directors, and administrative staffs of each institution for their
exemplary work in helping their schools earn the highest honor in business school accreditation," said John J.
Fernandes, president and chief executive officer of AACSB International. "We are pleased to welcome the newly
AACSB accredited schools, and send our congratulations to those that have maintained their accreditation."
Achieving accreditation is a process of rigorous internal review, evaluation, and adjustment and can take several
years to complete. During these years, the school develops and implements a plan to meet the 21 AACSB standards
requiring a high quality teaching environment, a commitment to continuous improvement, and curricula responsive to the
needs of business.
To realize accounting accreditation, an institution must first earn or maintain AACSB business accreditation.
Then, in addition to developing and implementing a mission-driven plan to satisfy the 21 business accreditation
quality standards, accounting accreditation requires the satisfaction of an additional set of 15 standards
that are specific to the discipline and profession of accounting.
"It takes a great deal of commitment and determination to earn AACSB accreditation," said Jerry Trapnell, executive
vice president and chief accreditation officer of AACSB International. "Schools must not only meet specific standards
of excellence, but their deans, faculties and staffs must make a commitment to ongoing improvement to ensure that the
institution will continue to deliver high quality education to students."
As ratified by the Board of Directors of AACSB International, the following schools have earned their maintenance
of accreditation in business and/or accounting.
Schools Earning Maintenance of Business Accreditation
Baruch College-CUNY (USA)
Bellarmine University (USA)
Carnegie Mellon University (USA)
Clarkson University (USA)
College of Charleston (USA)
Colorado State University-Pueblo (USA)
Drexel University (USA)
Georgetown University (USA)
Indiana University Northwest (USA)
Iona College (USA)
Iowa State University (USA)
Ithaca College (USA)
Kennesaw State University (USA)
Kuwait University (Kuwait)
Lander University (USA)
Montclair State University (USA)
Nanyang Technological University (Singapore)
National Sun Yat-sen University (Chinese Taipei)
Quinnipiac University (USA)
Rochester Institute of Technology (USA)
Saint Joseph's University (USA)
Seattle Pacific University (USA)
Southern Arkansas University (USA)
St. Cloud State University (USA)
Suffolk University (USA)
The Chinese University of Hong Kong (China)
The University of Auckland (New Zealand)
The University of Montana (USA)
The University of North Carolina at Chapel Hill (USA)
Toulouse Business School-Groupe ESC Toulouse (France)
U.S. Coast Guard Academy (USA)
University of Hawaii at Hilo (USA)
University of Alaska, Anchorage (USA)
University of Baltimore (USA)
University of Central Missouri (USA)
University of Detroit, Mercy (USA)
University of Idaho (USA)
University of Minnesota, Duluth (USA)
University of New Hampshire (USA)
University of South Carolina (USA)
University of Southern Maine (USA)
University of Tennessee at Chattanooga (USA)
University of Virginia-McIntire (USA)
William Paterson University (USA)
Yale University (USA)
Schools Earning Maintenance of Accounting Accreditation
Baruch College-CUNY (USA)
California State University, Fullerton (USA)
College of Charleston (USA)
Howard University (USA)
Iowa State University (USA)
Kennesaw State University (USA)
Nanyang Technological University (Singapore)
Saint Joseph's University (USA)
Suffolk University (USA)
The Chinese University of Hong Kong (China)
The Pennsylvania State University (USA)
The University of Montana (USA)
University of Central Missouri (USA)
University of Idaho (USA)
University of Illinois at Urbana-Champaign (USA)
University of Nevada, Las Vegas (USA)
University of San Diego (USA)
University of South Carolina (USA)
University of Southern California (USA)
University of Virginia-McIntire (USA)
Weber State University (USA)
About AACSB International
AACSB International (The Association to Advance Collegiate Schools of Business), founded in 1916, is a membership
association of almost 1,200 educational institutions, businesses and other organizations in 74 countries and territories.
AACSB's mission is to advance quality management education worldwide through accreditation and thought leadership.
AACSB accreditation is the mark of quality distinction most widely sought after by business schools—less than 5%
worldwide have earned the achievement. As the premier membership and accrediting 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 and its Asia
headquarters is located in Singapore.
For more information, please visit www.aacsb.edu
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