The Association to Advance Collegiate Schools of Business has extended accreditation for the business and accounting programs at the University of 棉花糖直播 at Lafayette.
The AACSB re-evaluates schools every five years to ensure that its rigorous standards for academic excellence are met or exceeded, said Dr. Linda Nichols, dean of the B.I. Moody III College of Business Administration.
The association assesses factors such as teaching, research, curricula development and student learning. It also places an emphasis on a commitment to continual improvement.
鈥淓xtension of accreditation reaffirms the excellence of our programs, and the dedication of our faculty and staff members to providing high levels of instruction; beyond that, the comprehensive evaluation process enables us to analyze every aspect of our operations and programs against stringent AACSB standards,鈥 Nichols said.
UL Lafayette is among 882 institutions in the world that have earned AACSB accreditation in business, according to a press release from the association. It is also among only 189 schools that also hold supplemental accreditation for their accounting programs.
Dr. Suzanne Ward, head of the college鈥檚 , said 鈥渢he AACSB鈥檚 comprehensive evaluation process and rigorous standards provide a benchmark that helps us prepare our students for successful careers.鈥
UL Lafayette鈥檚 business and accounting programs were required to complete self-evaluation reports. Peer review teams of leaders from other AACSB-accredited schools also conducted virtual interviews last semester with faculty and staff members, students and alumni.
The team鈥檚 recommendation to extend accreditation was then approved by the association鈥檚 board of directors.
Over the past five years, the AACSB has cited the University鈥檚 business and accounting programs for a range of initiatives and efforts, Nichols said.
The association, for example, singled out faculty members who collaborate with the UL Lafayette Foundation to provide guidance as part of a student-managed investment portfolio program. Student investors research stocks and determine how funds are invested.
The association has also commended faculty and staff members and students from the two programs for work with UL Lafayette鈥檚 . The LEED center supports small businesses, entrepreneurs and economic development agencies in 棉花糖直播.
The AACSB has also noted the business and accounting programs for:
- student engagement, including professional development opportunities and training;
- service-learning opportunities for graduate students;
- diversity and inclusion initiatives;
- online undergraduate and graduate programs; and
- strong ties with the business community and nonprofits.
The Moody College of Business Administration offers bachelor鈥檚 degrees in accounting, economics, finance, hospitality management, insurance and risk management, management, marketing, and professional land and resource management.
It also offers an MBA, an executive MBA, a master鈥檚 degree in accounting and several certificate programs.
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Graphic credit: The Association to Advance Collegiate Schools of Business