AACSB International was founded in 1916 and began its accreditation function with the adoption of the first standards in 1919. IPFW’s Richard T. Doermer School of Business received AACSB International accreditation in 1988.
Accreditation is a process of voluntary, non-governmental review of educational institutions and programs. Institutional accreditation reviews entire colleges and universities. Specialized agencies award accreditation for professional programs and academic units in particular fields of study. As a specialized agency, AACSB International grants accreditation for undergraduate and graduate business administration and accounting programs.
AACSB International accreditation represents the highest standard of achievement for business schools. Only 30% of business schools in the US and 10% of business schools worldwide achieve this accreditation! Business Schools that earn accreditation confirm their commitment to quality and continuous improvement through a rigorous and comprehensive peer review. AACSB International accreditation is the hallmark of excellence in management education.
AACSB International accreditation assures stakeholders that business schools: