January 7, 2013
From: Laura Clark
Director of Media Relations
Prestigious AACSB reaffirms ULM business and accounting accreditation
AACSB International—The Association to Advance Collegiate Schools of Business—awarded the University of Louisiana at Monroe College of Business continued accreditation in business and accounting.
AACSB accreditation is the hallmark of excellence in business education, and has been earned by less than five percent of the world’s business programs. Today, there are approximately 650 business schools in 45 countries and territories that maintain AACSB accreditation. Only 178 institutions maintain an additional specialized AACSB accreditation for their accounting programs.
ULM President Dr. Nick J. Bruno said, “The College of Business is critical to the economic development of this region. This reaffirms that our graduates are ‘job ready’ to contribute to our region’s need for these majors.”
Founded in 1916, AACSB International is the longest serving global accrediting body for business schools that offer undergraduate, master’s, and doctoral degrees in business and accounting.
College of Business Dean Dr. Ron Berry said, “Maintaining our accreditation in business and accounting is a testament to the dedication and quality of our faculty, staff and students and the significance of our community relationships and partnerships. It is very rewarding when a thorough review such as this goes so well; we could not have asked for or expected better results.”
Robert D. Reid, executive vice president and chief accreditation officer of AACSB International, said accreditation requires diligence.
“It takes a great deal of commitment and determination to earn and maintain AACSB accreditation. Business schools must not only meet specific standards of excellence, but their deans, faculty and professional staff must make a commitment to ongoing continuous improvement to ensure that the institution will continue to deliver the highest quality of education to students.”
Dr. Eric Pani, vice president for academic affairs at ULM, expressed his pride in ULM's faculty and staff for achieving this milestone.
“I want to compliment Dean Berry, his staff, and the faculty in the College of Business for their dedication to quality education and research,” he said.
“It is a real testimony to the commitment of our personnel that such quality has not only been maintained, but actually has increased.”
To learn more about AACSB International accreditation, visit www.aacsb.edu/accreditation