School of Management retains prestigious accreditation

Submitted by Marmian Grimes
Phone: (907) 474-7902
04/27/07

The University of Alaska Fairbanks School of Management has, again, met the rigorous standards set forth by the professional education community. The Association to Advance Collegiate Schools of Business has declared UAF one of 28 accredited institutions that have successfully completed their maintenance of accreditation review in business and/or accounting. AACSB International requires all accredited schools to undergo a peer review every five years to maintain their accreditation. Accredited by the AACSB since 1988, SOM is the oldest and only fully accredited business school in Alaska.

"Accreditation is a measure of quality," says Mark Herrmann, SOM associate dean. "It means that we have undergone a comprehensive review by deans at some of the most prestigious business schools in the nation."?

The School of Management offers baccalaureate degrees in business administration, accounting and economics as well as graduate degrees in business administration and resource and applied economics.

Founded in 1916, AACSB International is the longest serving and largest global accrediting body for business schools that offer undergraduate, master’s and doctoral degrees in business and accounting. Less than 15 percent of the business schools worldwide have achieved accreditation from AACSB International and fewer than 5 percent have achieved this accreditation in both their business administration and accounting programs.

UAF has been continuously accredited as an institution since 1934 and has specialized accreditation in many programs from forestry to computer science. A degree in business administration was first offered at UAF in 1924.

CONTACT: Faith Long, SOM public information officer, at 474-7253 or via e-mail at fnfmh@uaf.edu or Mark Herrmann, SOM associate dean, at 474-7116 or via e-mail at ffmlh@uaf.edu.