Emergency Info |Marshall University Maintains Prestigious AACSB accreditation
for College of Business and Accounting Department
HUNTINGTON, W.VA. — The College of Business at Marshall University has successfully maintained its business accreditation as well as its accounting accreditation by AACSB International—The Association to Advance Collegiate Schools of Business.
AACSB International is the longest-serving global accrediting body for business schools that offer bachelor’s, master’s and doctoral degrees in both business and accounting.
Dr. Stephen J. Kopp, president of Marshall University, said this endorsement from AACSB means that the College of Business and its Accounting Department underwent a rigorous review, satisfied a number of demanding standards and demonstrated evidence of ongoing improvement.
“I’m proud of our College of Business faculty, staff, students and advisory board for their commitment to meeting or exceeding the standards set forth by the AACSB,” Kopp said. “This point-in-time distinction speaks well of both our College of Business and its Accounting Division. It also signals the importance of elevating our expectations and pursuing an even greater commitment to advancing evidence-based outcomes that distinguish our business programs as among the best in the world.”
Marshall University is one of two institutions in West Virginia to hold AACSB accreditation. As of December 2011, only 643 schools of business worldwide are AACSB accredited and only 176 institutions have AACSB’s additional accounting accreditation.
To maintain business accreditation, programs undergo a rigorous internal review every five years, at which they must demonstrate a 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.
To maintain accounting accreditation, an institution must first earn or maintain AACSB Business Accreditation as well as meet an additional 15 standards that are specific to the discipline and profession of accounting.
Dr. Chong Kim, dean of Marshall’s College of Business, said he is extremely pleased with the outcome of the recent five-year review and is honored to serve as the dean of an AACSB-accredited school.
“Our faculty, staff, students and advisory board members worked hard to make this happen with strong support from President Stephen Kopp and Provost Gayle Ormiston,” Kim said. “I believe our College of Business and our Accounting Division provide a world-class business education to our students. Current business students, our alumni, community leaders and all West Virginians should be proud of this accomplishment.”
Dr. Jeffrey J. Archambault is head of the Division of Accountancy and Legal Environment at Marshall University. He was equally pleased with the result of the strict AACSB review.
“The accounting faculty work very hard to provide the best education possible,” Archambault said. “Members of the advisory board not only help us to continually improve our programs, but also provide outstanding opportunities for our students. I am proud of our AACSB accreditation and the teamwork it represents.”
Jerry Trapnell is vice president and chief accreditation officer of AACSB International.
“It takes a great deal of self-evaluation and determination to earn and maintain AACSB accreditation,” Trapnell said. “Schools not only must meet specific standards of excellence, but their deans, faculty and staff must make a commitment to ongoing improvement to ensure continued delivery of high-quality education to students.”
To learn more about Marshall University’s College of Business and its Accounting Division, visit www.marshall.edu/lcob. To learn more about AACSB accreditation, visit www.aacsb.edu/accreditation.
About AACSB International
AACSB International (The Association to Advance Collegiate Schools of Business), founded in 1916, is an association of almost 1,200 educational institutions, businesses and other organizations in 78 countries. AACSB’s mission is to advance quality management education worldwide through accreditation, thought leadership, and value-added services. AACSB Accreditation is the benchmark of quality worldwide and most widely sought after by business schools—less than 5% worldwide have earned the achievement. As the premier accreditation body for institutions offering bachelor’s, master’s, and doctorate degrees in business and accounting, the association also conducts a wide array of conferences and seminar programs at locations throughout the world. AACSB’s global headquarters is located in Tampa, Florida, USA and its Asia Pacific Headquarters is located in Singapore. For more information, please visit: www.aacsb.edu.
