News

College of Business Administration maintains AACSB accreditation

 

January 09, 2012

Marquette University’s College of Business Administration has maintained its business and accounting accreditations by AACSB International—The Association to Advance Collegiate Schools of Business.

Only 643 schools of business, or less than 5 percent worldwide, have earned this distinguished hallmark of excellence in management education. Further, only 177 institutions have AACSB’s additional accounting accreditation, representing 28 percent of accredited members. To maintain accreditation a business program must undergo a rigorous internal review every five years, at which the program must demonstrate its continued commitment to the 21 quality standards relating to faculty qualification, strategic management of resources, interactions of faculty and students, as well as a commitment to continuous improvement and achievement of learning goals in degree programs.

“We’re very proud of this since it reflects our faculty’s dedication to providing an excellent, rigorous business education so that our students graduate as socially responsible global leaders who are the difference in their communities and organizations,” said Linda Salchenberger, Keyes Dean of Business Administration. “A tremendous amount of work went into preparing for the AACSB review and I commend and thank our faculty and staff for their hard work.”

In 1928, the College of Business Administration became the first Catholic business school accredited by the AACSB and was only one of 40 business schools accredited nationwide. The college will be recognized for maintaining its accreditation in May at the 2012 AACSB International Conference and Annual Meeting in San Diego.

Founded in 1916, AACSB International is the longest serving global accrediting body for business schools that offer bachelors, masters, and doctorate degrees in business and accounting.