March 28, 2014

Fisher maintains AACSB accreditation in business, accounting

The Association to Advance Collegiate Schools of Business (AACSB) has extended the accreditation of Fisher College of Business’s undergraduate, master’s and doctoral degree programs through 2019.

AACSB International is the premier accreditation body for institutions offering academic degrees in business and accounting. AACSB International was organized in 1916 by 17 leading American colleges and universities, including The Ohio State University.

AACSB accreditation is the hallmark of excellence in business education and has been earned by less than five percent of the world’s 13,000 business schools. AACSB-accredited schools produce graduates that are highly skilled and more desirable to employers than other, non-accredited schools. Today, there are 694 business schools in 45 countries that maintain AACSB accreditation. Similarly, 182 institutions in seven countries now maintain an additional specialized AACSB accreditation for accounting programs.

“The AACSB accreditations are important benchmarks on our college’s continuing journey from excellence to eminence in business education,” said Christine A. Poon, dean and John W. Berry, Sr. Chair of Business at Fisher. “AACSB provides a careful and rigorous assessment of faculty, curriculum and academic programs -- and we are proud to be recognized as a member school.”

AACSB reviewed the college’s strategic planning process, financial resources, physical infrastructure, faculty qualifications and research record and degree programs. A Peer Review Team spent a day on campus speaking with corporate partners and recruiters, faculty, students and staff. In their report, team members said: “Fisher students are described by recruiters as polished, hardworking, and willing to work.” The team also noted the significant gains in faculty publications, the Industry Clusters program and the Office of Career Management’s outreach to the business community.

“It takes a great deal of commitment and determination to earn and maintain AACSB Accreditation,” said Robert D. Reid, executive vice president and chief accreditation officer of AACSB International. “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.”

The business accreditation is based on a set of 21 standards while the separate accounting accreditation requires the satisfaction of 45 standards specific to the discipline and profession of accounting. AACSB provides internationally recognized, specialized accreditation for business and accounting programs at the bachelor's, master's and doctoral level. The AACSB Accreditation Standards challenge post-secondary educators to pursue excellence and continuous improvement throughout their business programs. AACSB accreditation is known worldwide as the longest standing, most recognized form of specialized/professional accreditation an institution and its business programs can earn.