Illinois State University’s College of Business has once again received accreditation from the Association to Advance Collegiate Schools of Business (AACSB). The accreditation of the College’s business and accounting degree programs will stand for 5 years, from 2022 to 2027.
The AACSB International is a global nonprofit committed to bringing together educators, students, and businesses to create the next generation of great business leaders. The mission of the AACSB is: “To foster engagement, accelerate innovation, and amplify impact in business education.”
The accreditation by AACSB recognizes the commitment to high academic quality, measurable student success, relevance of the programs to the needs of the workforce, and positive societal impact in the College of Business.
“The gold standard for program quality for colleges of business in the U.S. is accreditation by the AACSB,” said Ajay Samant, dean of the College of Business. “There are over 10,000 business colleges in the country, among whom only 738 are accredited by AACSB for business degree programs and only 188 are accredited for both business and accounting degree programs. It is a matter of pride that Illinois State’s College of Business is among the elite group of colleges in the nation accredited by AACSB in both business and accounting.”
Achieving accreditation is a rigorous process. The standards require excellence in areas relating to strategic management and innovation; active participation by students, faculty, and staff; learning and teaching; and academic and professional engagement.
“This peer review is a far more rigorous standard than simple opinions of national rankings,” said Illinois State President Terri Goss Kinzy. “It recognizes the true quality of every aspect of Illinois State’s College of Business.”