AACSB Reaffirms Rollins’ Business Accreditation

Winter Park, Fla. (May 1, 2007) – Rollins College has successfully maintained its accreditation through the Association to Advance Collegiate Schools of Business (AACSB). As required by AACSB standards, all accredited schools must go through a peer review every five years in order to maintain accreditation.

Founded in 1916, the AACSB is the longest serving and largest global accrediting body for business schools that offer undergraduate, master’s, and doctoral degrees in business and accounting.

“The AACSB commends the faculty, deans, directors and administrative staffs for their exemplary work in helping their schools earn the highest achievement in business school accreditation,” said John J. Fernandes, president and chief executive officer of AACSB International.

Less than 10 percent of the world’s business schools have achieved business and/or accounting accreditation from the AACSB. Earning accreditation is a three to seven-year process where a business school undergoes meticulous internal review, evaluation and adjustment. During this time, schools develop and implement a plan to help it meet the 21 AACSB standards that require highly qualified faculty, as well as a commitment to continuous improvement and keeping curricula responsive to the needs of business.

“It takes a great deal of commitment and determination to earn AACSB accreditation,” said Jerry Trapnell, executive vice president and chief accreditation officer at AACSB International. “These schools have met rigorous standards of excellence, as well as made a commitment to ongoing improvement that ensures that they will deliver a high quality education to students.”

Founded in 1885, Rollins College is Florida's oldest recognized college, and is consistently ranked by U.S. News & World Report as one of “America’s best colleges.” Its Crummer Graduate School of Business is consistently ranked by Forbes magazine among the best business schools for return on investment and Forbes recently ranked the MBA program number one overall in Florida. For more information about Rollins, visit our Web site at www.rollins.edu.