Mays Business School at Texas A&M University received its five-year accreditation renewal this week from the Association to Advance Collegiate Schools of Business.
The renewal includes a separate accreditation of the Department of Accounting, making the college one of 186 worldwide certified in both overall business and accounting programs.
Dean Eli Jones was notified Tuesday, May 1, 2018, of the reaccreditation. “AACSB accreditation is the most rigorous international accreditation a business school can earn. Our engaged stakeholders (faculty, staff and advisory board members) push us to reach this very high standard of quality,” he said. “I am proud that Mays Business School has continuously improved in terms of innovation and impact, which is reflected in our maintaining this accreditation over many years.”
Advancing the world’s prosperity
Department of Accounting head Jim Benjamin added, “We were delighted to be one of the first 13 schools to achieve AACSB accounting accreditation in 1982. Maintaining our status challenges our faculty to pursue excellence and continuous improvement.”
To prepare for the evaluation, Mays officials submitted voluminous documents late last year about the school’s programs and achievements. Mays educates more than 6,400 undergraduate, master’s, and doctoral students in accounting, business honors, finance, management, management information systems, marketing and supply chain management. The vision of Mays Business School is to advance the world’s prosperity by being a vibrant learning organization, creating impactful knowledge, and developing transformational leaders.
A peer review team visited the school, looking specifically at accomplishments since the previous visit five years earlier – including the launch and activation of a new Strategic Plan and consistently high rankings among the top public business schools in the country for its undergraduate and MBA programs, and for faculty research. The team of deans and professors visited Mays in February to interview faculty, staff, outside business partners, alumni, and students about the mission and vision of the college. They rated faculty and curricula and ensured all the programs in the college met quality standards relating to strategic management of resources, interactions between faculty and students, and student success in terms of achieving learning goals.
An intense peer-review process
The Continuous Improvement Review Committee and the Accounting Accreditation Committee concurred with the peer review teams’ recommendations for extension of accreditation of the business and accounting degree programs. The Board of Directors concurred.
Stephanie M. Bryant, executive vice president and chief accreditation officer of AACSB International, extended congratulations to Mays Business School on extending its accreditation. “The intense peer-review process confirms a school’s continued focus on excellence in all areas, including teaching, research, curricula development, and student learning. Mays Business School’s dedication to delivering high-quality business education will create the next generation of great leaders.”
The AACSB sets the highest standards of excellence, and it has been accrediting business colleges since 1916. It provides quality assurance, business education intelligence, and professional development services to more than 1,500 member organizations in 90 countries and 810 accredited business schools in 53 countries. There are more than 16,000 business schools around the world.