For immediate release
January 21, 2015
David Spalding, Business, 515-294-2422, firstname.lastname@example.org
Danny Johnson, Business, 515-294-0629, email@example.com
Angie Hunt, News Service, 515-294-8986, firstname.lastname@example.org
ISU’s College of Business receives accreditation extension
AMES, Iowa – The Association to Advance Collegiate Schools of Business International has approved the re-accreditation of the business programs at Iowa State University’s College of Business. The five-year extension includes the college’s separately accredited accounting program.
Raisbeck Endowed Dean David Spalding says the extension speaks to the college’s commitment to student learning and outreach to industry. Less than five percent of the world’s business programs have earned accreditation from AACSB International, and only 182 institutions have specialized accreditation for their accounting programs.
“Accreditation is a sign of a high quality education provided by the most qualified faculty,” Spalding said. “This is a tribute to everyone in the college who works so hard every day to provide a great education to our students. It’s also a tribute to past leadership by former dean Labh Hira and former interim dean Michael Crum.”
As part of the review process, the College of Business had to demonstrate that it is meeting the standards set by AACSB for innovation, impact and engagement. These standards apply to academic programs, student opportunities and placement rates, teaching methods, faculty research, and work with business and industry. The committee commended the college for the following strengths:
- Student engagement: CyBIZ Lab and other opportunities in which students work directly with business were recognized as model activities.
- Interdisciplinary programs: The College of Business partners with the College of Engineering to offer a program in which students can earn a four-year undergraduate engineering degree and an MBA in five years. The two colleges also partner on a master’s of engineering in engineering management program.
- Communications Lab: Students can receive writing critiques as well as help develop their oral communication skills. The committee noted that this is a conscious effort to address an ongoing challenge for business schools to improve students’ written and oral skills.
- Doctoral program: The Business and Technology Ph.D. program has advanced quickly given that it is relatively new.
Associate Dean Danny Johnson, who led the accreditation effort on behalf of the college, says receiving a five-year extension is the best possible outcome.
“There’s a lot of work and effort that goes into this process and it is very important to us,” Johnson said. “Few colleges receive this accreditation, and it shows that we’re meeting the high standards set by AACSB.”
ISU’s College of Business received its initial AACSB accreditation in 1991, just seven years after becoming a college. AACSB International is the longest serving global accrediting body for business schools that offer undergraduate, master’s and doctoral degrees in business and accounting.