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School maintains prestigious AACSB business and accounting accreditation

Monday, January 28, 2013

LAWRENCE – The University of Kansas School of Business has maintained both the business school and the accounting accreditations by AACSB International—The Association to Advance Collegiate Schools of Business. Dean Neeli Bendapudi said the dual AACSB accreditation has been maintained following the recent five-year review, making KU one of only 178 institutions that hold both a school and an accounting program accreditation.

AACSB Accreditation is the hallmark of excellence in business and accounting education, and has been earned by less than five percent of the world's business programs. Today, there are more than 650 business schools in 45 countries and territories that maintain AACSB Accreditation.

The school first attained AASCB accreditation in 1925, just a year after the university established the business school.  Bendapudi said AACSB made special commendation of the school’s strengths, including an innovative freshman admissions program, a new honors program for undergraduates, commendable career services for undergraduates and MBAs, and a re-vamped and innovative MBA program.

AACSB accreditation reviewers commended the accounting area for its considerable financial support to students in the form of scholarships and assistantships for undergraduate, Master of Accounting, and doctoral students, as well as considerable student participation in study abroad programs.

“We are extremely pleased to continue our affiliation with AACSB,” Bendapudi said.  “The faculty, students and staff have worked very hard and we are pleased to be among the elite schools to offer this prestigious dual accreditation for both our school and our accounting area.”

“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.”

To learn more about the University of Kansas School of Business, visit business.ku.edu. To learn more about AACSB International accreditation, visit the accreditation section of the AACSB International website.