COLLEGIATE INSTITUTIONS EARN BUSINESS AND ACCOUNTING ACCREDITATION

Lancaster University (United Kingdom) has achieved initial business accreditation from AACSB International - The Association to Advance Collegiate Schools of Business. Additionally, 27 institutions maintained their business accreditation and 8 institutions maintained their accounting accreditation. As required by AACSB standards, all accredited schools must go through a peer review every five years in order to maintain their accreditation. Founded in 1916, AACSB is the longest serving and largest global accrediting body for business schools that offer undergraduate, master's, and doctoral degrees in business and accounting.

By achieving initial business accreditation, Lancaster University becomes part of an elite group that makes up less than 7 percent of the world's business schools that have achieved business and/or accounting accreditation from AACSB. Lancaster University's achievement raises the total number of institutions that hold AACSB accreditation to 555. The number of institutions holding separate accounting accreditation remains at 169.

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.

"AACSB commends the faculty, deans, directors, and administrative staffs of each institution for their exemplary work in helping their schools earn the highest achievement in business school accreditation," said John J. Fernandes, president and chief executive officer of AACSB International. "We send our heartiest congratulations to our newly accredited schools and those that maintained their accreditation, and wish them the best for the future."

"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. "These schools have met rigorous standards of excellence, as well as made a commitment to ongoing improvement that ensures that they will deliver a high quality education to students."

Schools Earning Initial AACSB Accreditation
   Lancaster University (United Kingdom)

Schools Earning Maintenance of Business Accreditation
  Appalachian State University (USA)
  Claremont Graduate University (USA)
  Colorado State University (USA)
  Dartmouth College (USA)
  Florida International University (USA)
  Florida State University (USA)
  Instituto Tecnologico y de Estudios Superiores de Monterrey (Mexico)
  Jacksonville State University (USA)
  Kent State University (USA)
  Minnesota State University, Mankato (USA)
  Montana State University (USA)
  Murray State University ((USA))
  Purdue University (USA)
  Rice University (USA)
  Rotterdam School of Management (Netherlands)
  St. Mary's University, San Antonio, (USA)
  Towson University (USA)
  University of California, Irvine (USA)
  University of Central Florida (USA)
  University of Georgia (USA)
  University of Louisville (USA)
  University of Manchester (United Kingdom)
  University of North Florida (USA)
  University of Southern Indiana (USA)
  University of West Florida (USA)
  Vanderbilt University (USA)
  Widener University (USA)

Schools Earning Maintenance of Accounting Accreditation
  Florida International University (USA)
  Florida State University (USA)
  University of Alaska, Fairbanks (USA)
  University of Georgia (USA)
  University of Louisville (USA)
  University of North Florida (USA)
  University of South Florida (USA)
  University of Southern Indiana (USA)

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