School of Business maintains prestigious accreditation

The Association to Advance Collegiate Schools of Business, with 687 member institutions in 50 countries, recently notified SUNY Oswego that its business school has maintained accreditation for its nationally regarded undergraduate business and master of business administration programs through the next five-year review cycle.

Alumni presentation in classroomSchool of Business Dean Richard Skolnik said AACSB accreditation, which the school first earned in 2002, provides independent validation for students, parents, potential employers and others that the school has met rigorous standards of excellence. Less than 5 percent of business schools around the globe have met the requirements, according to the AACSB.

“Reaccreditation is an affirmation of the quality of our program, the expertise and engagement of the faculty and the engagement of students and alumni in the entire learning process,” Skolnik said. “A point of pride is the sense of community in the School of Business, and I think that’s reflected in the enrollment increases the school has had.”

SUNY Oswego’s School of Business experienced a 47.2 percent increase in enrollment in its undergraduate programs from the initial accreditation 11 years ago to fall 2013, and a 146 percent increase in MBA enrollments in the same period.

Rigorous standards

Among the pillars of AACSB standards are a qualified and engaged faculty, sufficient faculty and staff, a rigorous curriculum and a clear and well-documented process for assuring that students meet learning objectives, such as skills in verbal and written communications, displaying critical thinking and knowledge of core business disciplines, and understanding ethical issues involved in decision-making, among others.

Skolnik said the AACSB encourages continuous improvement, marked by intensive self-assessment as well as through periodic external review by a team of deans from peer schools. While it is time-intensive for schools seeking to maintain their accreditation, the process has helped ingrain in the School of Business a culture of “this is what we always do,” he said.

In its report to the AACSB, the school made note of its strong culture of distinguished student organizations, frequent hosting of international scholars and engaged alumni that appear on campus at the annual School of Business Alumni Symposium, make internships and cooperative education opportunities available and remain available for events such as Meet the Accountants and Career Connections.

SUNY Oswego’s School of Business has appeared 10 consecutive years in the Princeton Review’s listing of about 300 top MBA-granting institutions nationally. Additionally, U.S. News put Oswego’s online MBA 26th among comparable degree programs at more than 200 colleges and universities nationwide.

This fall, the CFA Institute’s University Recognition Program welcomed SUNY Oswego, signifying that the school’s bachelor of science degree in finance strongly positions graduates to obtain the rigorous and prestigious professional Chartered Financial Analyst credential.

Besides finance, the School of Business offers undergraduate degree programs in business administration, human resource management, marketing, operations management and information systems, accounting, and risk management and insurance.

Among the school’s customizable MBA programs are health services administration, management, public accounting and a variety of five-year options that combine an MBA with such undergraduate disciplines as broadcasting, psychology and public accounting. MBA delivery options include classroom-based in Oswego and/or at the SUNY Oswego Metro Center in Syracuse, blended classroom-online programs and the well-regarded all-online MBA.

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PHOTO CAPTION: Alumni commitment—The SUNY Oswego School of Business has maintained its accreditation from the prestigious Association for the Advancement of Collegiate Schools of Business. The program benefits from engaged alumni who, among other active assistance, often return to campus to speak with classes, such as this marketing course in consumer behavior. From left are Ashraf Attia, professor of marketing; Erison Rodriguez, a Festa Fellow in 2008 in the school’s MBA program and now regional sales and marketing director for ProAct, a pharmacy benefit management company for Kinney Drugs; and senior business administration major Maxmillian Chen.

(Posted: Dec 19, 2013)

Tags: school of business, richard skolnik, mba, distinctions, aacsb