On April 6, it was announced that Michigan Tech’s School of Business and Economics maintained its accreditation from AACSB International— The Association to Advance Collegiate Schools of Business.
“This was our first accreditation review since receiving the prestigious recognition in 2001,” said Tom Merz, associate dean of the School of Business and Economics, who was instrumental in coordinating and preparing for the review. “We’re proud to uphold our quality standards with regard to teaching and research, and demonstrating our commitment to improving education.”
AACSB accreditation is the hallmark of excellence in business education. It has been earned by less than five percent of the world’s business schools. Today, there are 620 business schools in thirty-eight nations that maintain AACSB accreditation.
“This accreditation extension affirms the high regard that academic leaders have for Michigan Tech,” said President Glenn Mroz. “The School of Business and Economics has worked hard to achieve this level of quality instruction, scholarship, and research.”
To maintain accreditation, a school is put through a rigorous review every five years, demonstrating twenty-one quality standards relating to faculty qualification, strategic use of resources, interactions of faculty and students, and a commitment to continuous improvement and achievement of learning goals in degree programs.
“Our faculty work hard to provide a quality education,” said Dean Darrell Radson. “This extension of our accreditation confirms this and also our commitment to continuous improvement. We don’t settle into a teaching or research rhythm, we are pushing the envelope for business education.”
“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.”
The accreditation extension for the School of Business and Economics was recognized at the AACSB International Conference and Annual Meeting in New York City.
Michigan Technological University is a public research university founded in 1885 in Houghton, Michigan, and is home to nearly 7,500 students from more than 60 countries around the world. Consistently ranked among the best universities in the country for return on investment, Michigan’s flagship technological university offers more than 120 undergraduate and graduate degree programs in science and technology, engineering, computing, forestry, business, health professions, humanities, mathematics, social sciences, and the arts. The rural campus is situated just miles from Lake Superior in Michigan's Upper Peninsula, offering year-round opportunities for outdoor adventure.