College of Business Receives Reaccreditation

November 19, 2002 by College of Business NMSU News Center

Las Cruces, New Mexico. The College of Business at New Mexico State University has achieved reaccreditation of its undergraduate/master’s/doctoral) degree programs in business administration and accounting by recent action of the Board of Directors of AACSB International – The Association to Advance Collegiate Schools of Business. The official announcement was made November 18, 2002.

As of November 2002, there are 432 accredited members – 406 in North America (396 in the U.S., eight in Canada and two in Mexico), 15 in Europe, four in Asia, one in Australia, one in Central America, two in the Middle East, and three in South America.

To achieve AACSB International accreditation, business programs must satisfy the expectations of a wide range of quality standards relating to curriculum, faculty resources, admissions, degree requirement, library and computer facilities, financial resources, and intellectual climate that all are mission-linked.

During the accreditation process, College of Business was visited and evaluated by business school deans, accounting educators and corporate representatives, who are leaders in the field of management education, applying AACSB International accreditation standards that are widely accepted and adopted by the educational and business communities.

“This achievement is a high-water mark for the College. The faculty, staff and administrators have been working towards this goal for the last ten years. It provides concrete validation for the college’s efforts, particularly since the organization accredits achievement of excellence rather than simply meeting minimum standards,” stated Danny Arnold, Dean of the College of Business at New Mexico State University.

AACSB International is a not-for-profit organization consisting of more than 900 educational organizations and corporations, world-wide, devoted to the promotion and improvement of higher education in business administration and management. Its mission is to provide global leadership in advancing management education through accreditation and by fostering international interchanges, key business linkages, sharing of best practice, and professional development.

AACSB International is the premier accrediting agency and service organization for business schools and has its headquarters in St. Louis, Missouri, U.S.A. For more information, please contact Tom Weiser, Communications Manager, NMSU Business, 505-646-6290.

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