A team of representatives from the Association to Advance Collegiate Schools of Business (AACSB)—an organization that provides accreditation for business and accounting programs—visited Saint Mary’s last week to meet with SEBA faculty, staff, students, alumni and the school’s advisory board members, as well as College administrators. The visit by members from three Catholic universities and an AACSB staff observer is the final step in the evaluation process for accreditation. Their recommendation goes to an accreditation committee and then to the AACSB Board of Directors for ratification.
AACSB holds the highest accreditation standards for business degree programs in the world, said Zhan Li, the dean of the school. Of the 13,600 business degree programs in the world, only about five percent are endorsed by this prestigious organization.
"The pursuit of AACSB accreditation has transformed and strengthened SEBA in many ways,” Li said, adding that it has enhanced the school’s vision, mission and strategic planning; faculty deployment, development and governance; student support, experience and success; assurance of learning (assessment) process and culture; engagement with business communities and alumni, and the pursuit of a culture of excellence.
Provost Beth Dobkin noted that, while Saint Mary’s won’t know the official outcome of the AACSB evaluation until early next year, the College received significant commendations from the visiting team. “And by many accounts, we did an exemplary job of showcasing the fine work done in pursuit of the accreditation," she said.