KOKOMO, Ind. — Experiential learning opportunities, as well as faculty committed to student success, have earned the Indiana University Kokomo School of Business a five-year reaccreditation from the Association to Advance Collegiate Schools of Business (AACSB).
AACSB accreditation is the hallmark of excellence in business education, and has been earned by fewer than five percent of the world’s business programs.
“This accreditation speaks volumes about the business education students who come to IU Kokomo receive,” said Dean Alan Krabbenhoft. “It signifies a program delivering high quality education, taught by highly-qualified faculty, with a focus on continual improvement.”
In order to earn the reaccreditation, IU Kokomo School of Business faculty completed a self-study, including development of a strategic plan with long- and short-term goals and objectives. The process also included a visit by a review team.
“The three pillars that accreditation is built on are innovation, impact, and engagement,” said Dianne Roden, professor of finance, and co-chairperson of the school’s strategic planning committee. “We built our plan on those pillars. In all we did, our priorities were student learning and success, building intellectual capital through research and publication, and community engagement and enhancing enrollment.”
Through the process, the faculty was charged to determine what makes the school unique and distinctive, and they chose the personalized attention to students, and hands-on learning.
“What is key to us is experiential learning, whether it is an internship, a service learning project, international travel, or the M.B.A. students’ business consulting project. Everyone who graduates from the IU Kokomo School of Business has this kind of experience, and is prepared to succeed.”
She noted that future employers know the value of a degree from an AACSB accredited school.
“AACSB accreditation is an assurance of quality education,” Roden said. “It assures we’re maintaining quality and have continuous improvement. We met very demanding standards.”
IU Kokomo was first accredited by the AACSB in 2001. The five-year reaccreditation is the longest awarded and was granted based upon the newly adopted 2013 AACSB standards.
Krabbenhoft noted the IU Kelley School of Business, and many other premiere institutions, have the same accreditation.
“It puts us in a league that is pretty elite,” he said. “It’s the gold standard of accreditation.”
The AACSB accreditation standards challenge post-secondary educators to pursue excellence and continuous improvement throughout their business programs. It is known worldwide as the longest-standing, most recognized form of specialized/professional accreditation an institution and its business programs can earn.
Indiana University Kokomo serves north central Indiana.