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Accreditation
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AACSB Accreditation
The Raj Soin College of Business is fully accredited at both the undergraduate and graduate level by the Association to Advance Collegiate Schools of Business (AACSB) International, which is the highest accrediting body for business colleges in the world. Less than five percent of business programs in the world achieve this standard of excellence. This means that our faculty, curriculum, and all other educational resources are thoroughly and professionally evaluated by an independent board of educators and have been found to be of exceptional quality. As an added distinction, the Department of Accountancy's programs are separately accredited by AACSB International. The accreditation applies to the department's undergraduate major and its Master of Accountancy program. Only 178 accredited institutions have separately accredited accounting programs. The Raj Soin College of Business faculty and staff are committed to exceeding the standards advanced by the AACSB.
Here's a quick profile of AACSB-accredited business programs.
- There are approximately 560 AACSB accredited institutions in the United States.
- There are 1,500+ member organizations of the AACSB
- Approximately 178 AACSB accredited schools having both business and accounting accreditation; 167 are in the U.S. and six are outside the U.S.
- Approximately 10 percent of U.S. schools have achieved both business and accounting accreditation
To learn more about the value of AACSB accreditation, visit the Best Business Schools website.
See a list of AACSB accredited schools.
Graduation and Retention Data
Timeline
| Date | Activity |
|---|---|
| 2016–17 Academic Year | Design of new mission, vision, and values. |
| Fall 2017 | Approval of new learning goals and objectives for all programs and mapping and design of AoL process. First AoL cycle begins. |
| 2017–18 Academic Year | First AoL cycle. |
| 2018–19 Academic Year | Second AoL cycle. |
| Fall 2019 | Application for continuous improvement review and formation of peer review team. |
| 2019–20 Academic Year | Third AoL cycle. |
| Fall 2020 | Submission of Continuous Improvement Review (CIR) report. |
| Spring 2021 | Accreditation team visit. |
AACSB Continuous Improvement Review (CIR)
The Raj Soin College of Business is currently preparing for our upcoming AACSB CIR. This accreditation is important to our programs and valuable to employers. Here are some facts provided by AACSB International on its website.
- AACSB International (AACSB) is the longest serving global accrediting body and membership association for business schools worldwide.
- AACSB accreditation is known worldwide as the longest standing and most recognized form of specialized/professional accreditation an institution and its business programs can earn.
- AACSB provides internationally recognized, specialized accreditation for business and accounting programs at the bachelor’s, master’s, and doctoral level.
- The AACSB accreditation standards challenge post-secondary educators to pursue excellence and continuous improvement throughout their business programs.
- There are 736 business schools in 48 countries and territories that have earned AACSB accreditation.
- Only 182 institutions hold an additional specialized AACSB accreditation for their accounting programs.
The Raj Soin College of Business is one of the 182 schools in about 15,000 business programs in the world that have earned the AACSB accreditation in both its business and accounting programs. We are the first in the region to be accredited by AACSB International.
CIR Reports
- RSCOB CIR Report—Business (PDF)
- RSCOB CIRC Team Response—Business (PDF)
- RSCOB CIR Report—Accounting (PDF)
- RSCOB CIRC Team Response—Accounting (PDF)
CIR Process
Important Dates and Facts
- AACSB CIR—February 21–23, 2016
- The CIR process relies on extensive and effective communications between the host business school and the accounting academic unit and the peer review teams for business and accounting.
Visit Team
- Lance A. Nail (Chair), Dean, Rawls College of Business, Texas Tech University
- Casper E. Wiggins (Accounting Chair), Big Five Distinguished Professor of Accounting, Belk College of Business, The University of North Carolina at Charlotte
- Raju Balakrishnan (Business Member), Dean, University of Michigan, Dearborn.
- William D. Stout (Accounting Member), Associate Professor and Director, School of Accountancy, University of Louisville
Four Non-Standing Committees Lead This Visit
- Strategic management and innovation committee (Standards 1–3)
- Participants committee—student faculty and professional staff (Standards 4–7)
- Learning and teaching committee (Standards 8–12)
- Academic and professional engagement committee (Standards 13–15)
The CIR Process for AACSB Business and Accounting
Accreditation is not a standard-by-standard review. By focusing the review on educational improvement, strategic management, and fulfillment of mission, the members of peer review teams for business and accounting will be particularly attuned to educational quality issues and problems that may be revealed in the process. The CIR process relies on extensive and effective communications between the host business school and the accounting academic unit and the peer review teams for business and accounting. In addition, the value of the CIR process is enhanced with the business and accounting team collaboration in the review process and resulting report preparation.
CIR Timeline
| Date | Activity | Status |
|---|---|---|
| FY 2013 (Spring 2013–Fall 2013) | Assurance of learning cycle one. | Completed |
| FY 2014 (Spring 2014–Fall 2014) | Assurance of learning cycle two. | Completed |
| Fall 2014 | Inform all faculty of our refined timeline and seek input. | Completed |
| Spring 2015 | Completion of assurance of learning tasks including closing the loop. | Completed |
| Summer 2015 | First draft of self-evaluation report. | Completed |
| August 13–14, 2015 | Informal team chair visit to review progress. | Completed |
| Sept. 2015 | Second draft of self-evaluation report incorporating chair suggestions. | |
| September–November 2015 | AACSB-themed faculty workshops. | |
| September–November 2015 | Review and revision of SER by faculty and board. | |
| December 21, 2015 | SER submission deadline. | |
| February 21–23, 2016 | Continuous improvement review visit. |
CIR Updates
Raj Soin College of Business Associate Dean Arijit Sengupta is conducting a series of workshops for faculty to inform them about the process and incorporate their feedback as we prepare the final version of the CIR and the associated material. The list and dates of the workshop are as follows:
| Date | Time | Topic | Location |
|---|---|---|---|
| September 18 | 1–2:30 p.m. | AACSB Workshop 1—AMP and DM for new faculty. Bring a laptop or tablet if possible. | |
| Oct. 2 | 1–2:30 p.m. | AACSB Workshop 2—Building and verifying your AACSB vita with digital measures | |
| Oct. 16 | 1–2:30 p.m. | AACSB Workshop 3—AACSB standards and our CIR. | |
| Oct. 30 | 1–2:30 p.m. | AACSB Workshop 4—AACSB schedule discussion and open Q&A session. | |
| Nov. 13 | 1–2:30 p.m. | AACSB Workshop 5—Making AACSB work: what we have done right and what we could do better |
CIR Resources
ABET Accreditation
In 2006, our Bachelor of Science in Management Information Systems became the first business school program in Ohio to be accredited by the Computing Accreditation Commission of ABET. We were also among the first twenty business programs in the U.S. to achieve this accreditation.
