Belmont’s Jack C. Massey College of Business Administration recently announced the maintenance of its business and specialized accounting accreditation by The Association to Advance Collegiate Schools of Business (AACSB International). Founded in 1916, AACSB International is the longest serving global accrediting body for business schools that offer bachelors, masters and doctorate degrees in business and accounting.
Dean of the College of Business Administration Dr. Pat Raines said, “Accreditation by AACSB-International is the gold standard by which world-class business schools are measured. AACSB standards are developed by business education thought leaders and provide best-practice guidance for deploying academically qualified faculty, enhancing research productivity and assessing learning outcomes to make sure that our students are truly prepared for their first destination. We are extremely proud of the Massey College of Business faculty, staff and students who dedicated themselves to achieving this symbol of global academic excellence.”
Belmont is part of an elite group of institutions—less than 5 percent of the world’s business schools—to have achieved business accreditation from AACSB International. Even more impressive, only 186 institutions hold the additional accounting accreditation and less than 15 hold both the business and accounting accreditation. To realize accounting accreditation, an institution must first earn or maintain AACSB Business Accreditation, which requires an institution to undergo a meticulous internal review and evaluation process. Then, in addition to developing and implementing a mission-driven plan to satisfy the business accreditation quality standards, accounting accreditation requires the satisfaction of an additional set of standards specific to the discipline and profession of accounting.
“AACSB commends each institution for their exemplary work in holding the highest honor in business school accreditation,” said Robert D. Reid, executive vice president and chief accreditation officer of AACSB International. “During this peer-review process schools must demonstrate alignment with AACSB’s global accreditation standards, as well as how they encourage engagement, innovation, and impact across the communities they serve.”