KINGSTON – The University of Rhode Island’s College of Business Administration today announced it has maintained its status as the longest continuously accredited business program in the Ocean State.
The Association to Advance Collegiate Schools of Business (AACSB) has again renewed its accreditation of the college’s undergraduate, master’s and doctoral degree programs in business administration, which have maintained their national accreditation since 1972. The association also renewed its accreditation of the college’s accounting program, which was first accredited in 1993.
“Re-accreditation affirms that URI provides all students – undergraduate, master’s and doctorate – with a high-quality business education,” said Mark M. Higgins, URI’s business dean since 2006 (READ MORE) and the holder of the university’s Alfred J. Verrecchia-Hasbro Leadership Chair in Business. “It is a credit to the faculty and staff and their commitment to providing the best business education possible.”
In a letter to Higgins, the AACSB commended the College of Business Administration for the collegiality of its faculty and the transparency of its annual review, promotion and tenure systems. It also praised the required freshman acclimation course and mentor program, as “an excellent mechanism to improve student retention and increase the connections between upper- and lower-division students”; the career passport program that helps juniors and seniors make the transition to employment; the new joint master of business administration program it offers with URI’s Graduate School of Oceanography (READ MORE); and the college’s affiliation with the Institute of Chartered Financial Analysts (CFA Institute).
The URI College of Business Administration, which dates back to 1923, is the only institution in the state whose overall management and accounting programs are accredited by the AACSB. Nationwide, fewer than 15 percent of management programs and 5 percent of accounting programs have earned such accreditation. Its next evaluation by the AACSB is slated for 2013.
Last summer, the college also was certified by the American Society of Transportation and Logistics, making URI the first university in New England and the 22nd nationwide to offer that designation. And in 2007, the CFA Institute made the college the fifth U.S. center of learning to have its undergraduate finance program designated a CFA Program Partner.
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The University of Rhode Island is a member – along with the Community College of Rhode Island and Rhode Island College – of the statewide public university system overseen by the R.I. Board of Governors for Higher Education. Additional URI news and information are available at www.uri.edu/news.
