Michigan Technological University’s School of Business and Economics has been approved for an accreditation extension to 2021 by the Association to Advance Collegiate Schools Business.
The AACSB is the longest-serving global association dedicated to advancing management education worldwide. Michigan Tech’s SBE is among 746 business schools across 51 countries and territories accredited by the organization. The accreditation was approved by the Continuous Improvement Review Committee of the AACSB.
Dean Johnson, interim dean of the School of Business and Economics, says the accreditation renewal is an affirmation of the job the SBE is doing.
“This extension is the culmination of five years of diligent effort by the SBE faculty and staff, combined with the essential support from the University administration,” Johnson says. “Since our initial accreditation in 2001, the SBE faculty has delivered high quality experiential programs and assured our students are achieving critical learning goals. I thank each of them for their service.”
The School of Business and Economics offers undergraduate majors in Accounting, Economics, Engineering Management, Finance, Management, Management of Information Systems and Marketing. Graduate degrees include an MBA, a Master of Science in Accounting and a Master of Science in Applied Natural Resource Economics.
Johnson explained why AACSB accreditation is important. “As the premier accrediting body of business programs, AACSB has strict standards of excellence for curriculum development and faculty qualifications, research and teaching. The output of this excellence is seen in our students. For example, students from AACSB programs score 9 percent higher on the Certified Public Accountant (CPA) exams. It also documents that our educational programs are innovatively responding to the ever-changing demand of the business world and employers.”
AACSB provides internationally recognized, specialized accreditation for business and accounting programs at the bachelor’s, master’s and doctoral levels. The accreditation standards challenge educators to pursue excellence and continuous improvement through their business programs.