What is the AACSB?
AACSB International (AACSB) is the premier accrediting agency for Schools and Colleges of Business in the world.
Accreditation is a voluntary, non-governmental process that includes a rigorous external review of a school’s ability to provide the highest quality programs. The accreditation process is a comprehensive review of a school’s mission, faculty qualifications, and curricula, and the process includes self-evaluations, peer-reviews, committee reviews, and the development of in-depth strategic plans. Accreditation ensures that students are learning material most relevant to their field of study, preparing them to be effective leaders upon graduation.
What does this mean for Northeastern and the College of Business and Management?
AACSB accreditation increases the value of the business degree you receive from Northeastern Illinois University. This accreditation represents the highest standard of achievement for business schools worldwide. Less than 5% of the more than 16,000 schools worldwide granting business degrees have earned AACSB accreditation.
To achieve accreditation, business programs must meet:
- quality standards relating to strategic management of resources,
- interactions of faculty and students in the educational process,
- and achievement of learning goals in degree programs.
During the accreditation process, the College of Business and Management was visited and evaluated by business school deans with detailed knowledge of management education, applying accreditation standards that are widely accepted in the educational community. AACSB accreditation is an important external validation of the quality of our curriculum, faculty, and students.
Said another way, AACSB provides proof of quality of our degree programs. When coupled with prior recognition provided for our longstanding diversity and as a best investment, this firmly places us in the High Quality, Low Cost area of the BCG matrix.
What does it mean for you?
- are recognized worldwide by top employers and other universities.
- have employers that only hire their graduates.
- have more access to recruiters.
- have graduates that receive higher, more competitive salaries.
- say being accredited improves the quality of their business programs.
- say being accredited helps them hire and retain the best professors and researchers.
- have students that are more international and are likely to earn higher levels of education.
- have students with high-graduating GPAs
- are challenging and teach the best skills that give a distinct advantage in the real world.
You might say selecting a business school is similar to purchasing a home. Since it is such a large investment, you wouldn't purchase a home unless it had been inspected, right? AACSB accreditation is a lot like a home inspection but for business schools. It helps to ensure that a business school has qualified faculty, rigorous curriculum that will teach skills that employers require, and proper assessment of learning processes in place.
AACSB Accreditation ensures that business school graduates learn from the best and are ready to perform on day one. Research has found that AACSB-accredited schools have better faculty, curriculum, students, and graduates than other non-accredited institutions.
About the College of Business and Management
- Proof of Quality -- Northeastern Illinois University’s College of Business and Management is accredited by AACSB International. Only 5% of business programs worldwide have been awarded AACSB Accreditation. This accreditation represents the highest standard of achievement for business schools worldwide. For more information about AACSB accreditation, please see their website www.aacsb.edu.
- Best Investment -- Newsweek (2012) recognized Northeastern as the sixth best investment in college degree programs nationwide and the best investment in Illinois. U.S. News and World Report (2014, 2015) recognized Northeastern for graduating its students with the least debt.
- Exceptional Diversity -- Learn in an environment that mirrors the multi-cultural world of business. U.S.News and World Report has ranked Northestern as one of the most diverse Midwestern Universities consistently since 1997. Our students speak over 50 different first languages.
- Student Focused -- Reasonable sized classes; Ease of access to faculty; Excellent professional advisors; High retention rate (>90%); Empowered student clubs/groups providing real opportunities to apply your knowledge and skills.
Our Faculty and Students
Our faculty are our greatest resource. All of our faculty are qualified -- either by holding a Ph.D. in their field -- or as a recognized business practitioner. They each bring a wealth of knowledge to the classroom each discipline and a variety of research interests. They prepare our students to have a well-rounded education and a skill set that can be applied in many leading industries. Many of the faculty also provide guidance to the student clubs and other student groups thus enriching the out-of-class application of theory.
Our students come from all areas of the world bringing their unique cultural perspectives with them. Combined, we speak more than 50 different first languages! This provides our faculty with a built-in classroom opportunity to enhance the learning environment and emphasize a global perspective through the sharing of the individual student’s cultural distinctiveness.
The College of Business and Management has five undergraduate majors and two graduate programs.
- Accounting, B.S.
- Finance, B.S
- General Business Administration, B.S.
- Management, B.S.
- Marketing, B.S.