KNOXVILLE—The University of Tennessee College of Business Administration and its accountancy program have received maintenance of accreditation by the most prestigious international governing organization for business schools, the Association to Advance Collegiate Schools of Business, also known as AACSB International.
Accreditation signifies business school excellence.
The college has been accredited since 1947; it was the 53rd school to earn this distinguished designation. The college’s accounting department was in the first group of eight schools to receive accreditation in 1982.
Maintenance of accreditation takes place every five years. It is an opportunity for the college to showcase its offerings and evaluate and fine-tune its goals.
At the heart of the AACSB are its rigorous accreditation standards and its dedication to the peer-review process. Accreditation teams include deans (and accounting department heads when accounting programs are being reviewed) from other AACSB-accredited schools. Teams normally include three to four individuals.
The accreditation team visited UT this spring to evaluate the college based on three areas: strategic management, faculty and students, and assurance that students are learning. Within those three areas are 21 different business standards that a college must meet. For accounting accreditation, there are an additional 15 standards that are built on the original 21.
The team applauded the growth in the number of students in the college, noting that a large student population is an indication of a strong program. Although it praised the increase in faculty and staff since the last review, it cautioned that the number of students remains large relative to the size of its faculty and staff.
“This attention to detail protects the integrity of the AACSB’s mark of excellence and provides invaluable feedback to the college on its direction, goals, and focus,” said Jan Williams, dean of the College of Business Administration. “AACSB visits are very consultative. Feedback may be about an accreditation standard or simply be the sharing of a ‘best practice’ that the team member has been exposed to.”
AACSB International, founded in 1916, has accredited 649 institutions in 43 countries on six continents. Accreditation in accountancy has been awarded to 178 programs.
For more information or to learn about the accreditation process, visit www.aacsb.edu.
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