Meredith Earns AACSB Business Accreditation

One of Only Two Women’s Colleges to Hold This Distinction

The Association to Advance Collegiate Schools of Business International (AACSB) announced January 7 that Meredith College has earned accreditation for its business school.

Meredith is one of only two women’s colleges in the country to have earned this distinction. Meredith joins Duke University, Elon University, Wake Forest University and Queens University as one of five private colleges in North Carolina to hold AACSB accreditation.

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.

“AACSB congratulates Meredith College and Dean Denise Rotondo on earning initial accreditation, and welcomes them into the AACSB family of internationally accredited business schools,” said John J. Fernandes, president and chief executive officer of AACSB International. “AACSB accreditation represents the highest achievement for an educational institution that awards business degrees. Dean Rotondo and the faculty, directors, and administrative staff of Meredith College are to be commended for their role in earning initial accreditation.”

AACSB accreditation is the hallmark of excellence in business education, and has been earned by less than five percent of the world's business schools. Today, there are 579 business schools in 35 countries that maintain AACSB accreditation. Similarly, 170 institutions maintain an additional specialized AACSB accreditation for their accounting programs.

The School of Business at Meredith College provides an academically-challenging learning environment, where students develop critical-thinking skills in all areas of business, with emphasis on teamwork, communication, leadership and ethical decision making. Meredith offers a coeducational MBA program and undergraduate majors in accounting, business administration and economics.

Achieving accreditation is a process of rigorous internal review, evaluation, and adjustment and can take several years to complete. During these years, the school develops and implements a plan to meet the 21 AACSB standards requiring a high quality teaching environment, a commitment to continuous improvement, and curricula responsive to the needs of business. As required by AACSB standards, all accredited schools must go through a peer review process every five years in order to maintain their accreditation.

“It takes a great deal of self evaluation and determination to earn AACSB accreditation, and I commend Meredith College for its dedication to management education,” said Jerry Trapnell, executive vice president and chief accreditation officer of AACSB International. “Schools must not only meet specific standards of excellence, but their deans, faculties and staffs must make a commitment to ongoing improvement to ensure that the institution will continue to deliver high quality education to students.”

Meredith’s achievement will be recognized in April at the 2010 AACSB International Conference and Annual Meeting in Anaheim, Calif.

To learn more about AACSB International accreditation, visit http://www.aacsb.edu.

Date Submitted: 2010-01-07

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