College of Business and Economics maintains prestigious AACSB accreditation

The Towson University College of Business and Economics is based out of Stephens Hall.

The Towson University College of Business and Economics has once again maintained its accreditation from the prestigious Association to Advance Collegiate Schools of Business (AACSB) International. The AACSB International recognizes 650 business schools in 50 countries and territories worldwide, but less than one percent of those schools possess accreditation for both business and accounting programs.

The Towson University College of Business and Economics is one of such programs.

“It takes a great deal of commitment and determination to earn and maintain AACSB accreditation,” said Robert D. Reid, executive vice president and chief accreditation officer of AACSB International. “Business schools must not only meet specific standards of excellence, but their deans, faculty, and professional staff must make a commitment to ongoing continuous improvement to ensure that the institution will continue to deliver the highest quality of education to students.”

Towson University is the only University System of Maryland institution with AACSB Accreditation for both programs.

“We are committed to providing an exceptional academic environment for students focused on applied learning while fostering high-quality research among our distinguished faculty,” said Dean Shohreh Kaynama. “AACSB accreditation is important to us not only because it seals our dedication to our mission and principles, but ensures to the rest of the world our commitment to strive for continuous improvement and excellence.”

The CBE first received AACSB accreditation for its business administration program in 1992. In 1994, the accounting department also received AACSB accreditation. In 2008, the business administration program received its maintenance of accreditation. The accounting department followed suit in 2010.