The University of St. Thomas–Minnesota
Earns AACSB International Accreditation
Tampa, FL, USA (January 5, 2011)—AACSB
International (AACSB) announced today that the University of St. Thomas–Minnesota
has earned accreditation for its Opus College of Business. Founded in 1916, AACSB International is the
longest serving global accrediting body for business schools that offer undergraduate, master's, and doctoral degrees in business and
“AACSB congratulates the University of St. Thomas–Minnesota and dean Christopher Puto on earning accreditation, and we welcome them into
the family of AACSB 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 Puto and the faculty, directors, and administrative staff of the University of St. Thomas–Minnesota
are to be commended for their role 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 schools. Today, there are 607
business schools in 38 countries that maintain AACSB accreditation. Similarly, 175 institutions maintain an additional
specialized AACSB accreditation for their accounting programs.
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 the University of
St. Thomas–Minnesota for its dedication to management education, as well as its leadership in the community,” said Jerry Trapnell, executive
vice president and chief accreditation officer of AACSB International. “Through accreditation, the University of St. Thomas–Minnesota 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
CENTRUM Católica (Perú),
Elizabeth City State University (USA),
Groupe Sup De Co Montpellier (France),
Insper Instituto de Ensino e Pesquisa (Brazil),
Lingnan University (China),
Ramapo College of New Jersey (USA),
University of Melbourne (Australia),
University of Victoria (Canada),
Victoria University of Wellington (New Zealand), and
WHU-Otto Beisheim School of Management (Germany) earned AACSB accreditation in business, and the
University of Melbourne (Australia) and
Victoria University of Wellington (New Zealand) earned AACSB accreditation in accounting.
Additionally, 47 institutions have maintained their accreditation in business and 9 have maintained their accreditation in accounting.
About AACSB International
AACSB International (The Association to Advance Collegiate Schools of Business), founded in 1916, is an association of more than 1,200 educational
institutions, businesses and other organizations in 78 countries. AACSB’s mission is to advance quality management education worldwide through
accreditation, thought leadership, and value-added services. AACSB accreditation is the mark of quality distinction most widely sought after by business
schools—less than 5 percent worldwide have earned the achievement. As the premier 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.