Raj Soin College of Business maintains top accreditation

The Raj Soin College of Business at Wright State University has maintained its business accreditation by AACSB International—The Association to Advance Collegiate Schools of Business.

The college’s accounting program also maintained its specialized accreditation after demonstrating it continues to satisfy standards specific to the discipline and profession of accounting.

“Wright State is proud of the quality programs and faculty in the Raj Soin College of Business reflected in this continued accreditation, as well as the success and accomplishments of its students,” said Steven Angle, Ph.D., Wright State University provost.

Only 620 schools of business, or fewer than 5 percent worldwide, have earned this distinguished hallmark of excellence in management education.

“This is the most stringent accreditation a business school could receive, from the highest accrediting body in the country,” said Berkwood Farmer, Ph.D., dean of the Raj Soin College of Business.

Of the 1,680 institutions that provide business programs in the United States, fewer than 30 percent (481 programs) hold business accreditation from the AACSB.

Only 10 percent of schools in the nation have achieved both business and accounting accreditation.

“Most big firms won’t recruit from a program that isn’t AACSB-accredited,” said James Greenspan, Ph.D., accounting department chairman. “Maintaining our accreditation is a tribute to the success of the students and faculty in the accounting program, and our students will continue to have that recruitment competitive edge.”

To maintain accreditation a business program must undergo a rigorous internal review every five years. The program must demonstrate it meets 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. Specialized accounting accreditation requires meeting an additional 15 standards specific to the field.

“It takes a great deal of self-evaluation and determination to earn and maintain AACSB accreditation,” said Jerry Trapnell, vice president and chief accreditation officer of AACSB International. “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.”

With an enrollment of approximately 1,200 undergraduate students in 10 majors and 500 graduate students in five master’s degree programs, the Raj Soin College of Business is among U.S. News and World Report’s 2011 Best Colleges-Business Programs. The college is also on The Princeton’s Review’s Top 300 Business Schools.

For more information, visit www.wright.edu/business/

For more information on the AASCB International, visit www.aacsb.edu.

# # #