AACSB renews school's accreditation through 2016

AACSB International (AACSB) announced today that Wayne State University’s School of Business Administration will maintain its business accreditation through 2016.

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

Accreditation requires a process of rigorous internal review, evaluation, and adjustment. The school implements a plan that meets the AACSB accreditation standards and completes a maintenance review every five years.

“AACSB commends the faculty, deans, directors, and administrative staffs for their exemplary work in helping the school maintain the highest honor in business school accreditation” said John J. Fernandes, president and chief executive officer of AACSB International. “We send our congratulations.”

AACSB standards require a high quality teaching environment, a commitment to continuous improvement, and curricula responsive to the needs of businesses.

“It takes a great deal of commitment and determination to maintain AACSB accreditation,” said Jerry Trapnell, executive vice president and chief accreditation officer of AACSB International.

“Schools must not only meet specific standards of excellence, but their deans, faculty and staffs must make a commitment to ongoing improvement to ensure that the institution will continue to deliver high quality education to students.”

AACSB accreditation is the hallmark of excellence in business education and less than five percent of the world's business schools have earned this distinction. Today, there are 620 business schools in 38 countries that maintain AACSB accreditation.

“The school’s faculty and staff have put a great deal of effort into the review process,” said David Williams, dean of Wayne State’s business school. “We deliver business programs of the highest quality and we’re pleased to learn that AACSB recognizes our efforts through continued accreditation.”

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