UNIVERSITY PARK–(ENEWSPF)–December 1, 2016. Governors State University’s College of Business has received one of the most distinguished honors awarded to any business education program in the world: accreditation from AACSB International—the Association to Advance Collegiate Schools of Business (AACSB).
Fewer than five percent of the 16,000 business schools worldwide have received AACSB accreditation, which is considered the hallmark of excellence in business education.
“Earning this prestigious accreditation is an honor and an affirmation,” said GSU President Elaine P. Maimon. “It demonstrates that the success of our educational vision is being recognized comprehensively and extensively.”
GSU’s College of Business and Administration now joins the ranks of other Chicagoland business schools that have attained this exclusive distinction, including programs at the University of Chicago and Northwestern University.
“It takes a great deal of self-evaluation and determination to earn AACSB accreditation and I commend Governors State for its dedication to management education, as well as its leadership in the community,” said Robert D. Reid, Executive Vice President and Chief Accreditation Officer of AACSB. “Through accreditation, GSU has not only met specific standards of excellence but has also made a commitment to ongoing improvement to ensure that the institution will continue to deliver high-quality education to its students.”
As described by AACSB, achieving accreditation “is a process of rigorous internal review, engagement with an AACSB assigned mentor, and peer review. During the multi-year process, the school focuses on developing and implementing a plan to align with AACSB’s accreditation standards. These standards require excellence in areas relating to strategic management and innovation; student, faculty, and staff as active participants; learning and teaching; and academic and professional engagement.”
“Attaining this hallmark was a cooperative effort of faculty and staff,” said GSU Provost and Vice President for Academic Affairs Deborah Bordelon, “and the rigorous process of meeting the AACSB accreditation standards was unifying and strengthening. I’m particularly pleased that the accreditation will help us create more corporate partnerships, in our continuous effort to enhance our engagement with the business community.”
Jun Zhao, Interim Dean of the College of Business and Administration, said that “AACSB accreditation will make us more attractive to students for our undergraduate and graduate programs. It will also make our graduates more marketable and help us continue to recruit high-quality faculty members.”
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