TAMPA, FL, USA
(January 7, 2010)—AACSB International announced today that
Minnesota State University, Moorhead has earned accreditation for its
business school. 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.
"AACSB congratulates Minnesota State University, Moorhead and Dean David Crockett on earning initial accreditation, and welcomes
them into the AACSB family of internationally accredited business schools," said John J. Fernandes, president and chief
executive officer of AACSB International. "AACSB accreditation represents the highest achievement for an educational institution
that awards business degrees. Dean Crockett and the faculty, directors, and administrative staff of
MSU-Moorhead are to be commended for their role in earning initial 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 schools. Today, there are 579 business schools
in 35 countries that maintain AACSB accreditation. Similarly, 170 institutions maintain an additional specialized AACSB accreditation for
their accounting programs.
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.
As required by AACSB standards, all accredited schools must go through a peer review process every five years in order to maintain their accreditation.
"It takes a great deal of self evaluation and determination to earn AACSB accreditation, and I commend
Minnesota State University, Moorhead for its dedication to management education," 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."
AACSB International also announced that Dalton State College (USA),
Faculdade de Economia da Universidade Nova de Lisboa (Portugal)
Jacksonville University (USA),
Meredith College (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 earned AACSB accreditation in
business. Additionally, 45 institutions have maintained their accreditation in business and 21 have maintained their accreditation in accounting.
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