The University of Toledo College of Business Administration has received a six-year extension of its business accreditation from the Association to Advance Collegiate Schools of Business (AACSB).
This elite distinction is achieved by less than 5 percent of all business schools in the world.
The accreditation, which is voluntary, follows an on-site evaluation in February by administrators of other AACSB-accredited institutions. It recognizes the college’s bachelor of business administration, bachelor of science in information technology, master of business administration/executive MBA, master of science in accounting, and doctoral degree programs.
The Association to Advance Collegiate Schools of Business comprises educational institutions, businesses and other organizations devoted to the advancement of higher education in management education. It is the premier accrediting agency of collegiate business schools and accounting programs worldwide.
“Congratulations to the faculty, the students, the staff and all supporters of the business programs of The University of Toledo,” said Andrew Policano, chair of the AACSB board of directors.
He commended the UT College of Business Administration on the following strengths and effective practices:
• Being housed in Stranahan Hall, which is a well-developed physical facility, recently supplemented with the addition of a state-of-the-art facility in the Savage & Associates Complex for Business Learning & Engagement. This 54,000-square-foot expansion was funded by the joint efforts of the University and the business community.
• Benefiting from the experienced leadership of Dr. Thomas G. Gutteridge, dean, and his executive staff. Gutteridge has developed relationships with the Toledo business community and collegiate relations with other academic programs across the campus.
• Having a dedicated faculty with a positive attitude that is supportive of the teaching and learning process.
• Benefiting from the participation of experienced and dedicated members of the business community on its departmental committees and college-level advisory boards.
“UT and the College of Business Administration are very excited at this continuing recognition by the AACSB,” Gutteridge said. “This validates the high-quality of our faculty and students, as well as the significance of our curriculum at all levels.”
“Our inclusion in this select group is a seal of quality for our degree programs,” said Dr. Anand Kunnathur, senior associate dean of the College of Business Administration. “It elevates the value of degrees received, leads to increased enrollment of high-quality students, and enhances the qualifications of alumni.”
The AACSB accreditation is extended through 2015.