The University of Nebraska at Omaha’s College of Business Administration has earned an extension of its accreditation from AACSB International (Association to Advance Collegiate Schools of Business) signifying the college’s continued excellence in developing students and advancing the school of business.
Dean of the College of Business Dr. Louis Pol explained what the accreditation means to the university: “Accreditation from the AACSB means that you have met a gold standard as it comes to educating business students,” Pol said. “The accounting program receiving a separate accreditation validates the work we’re doing.”
Less than 25 percent of business schools internationally have accredited CBA programs. Extension accreditation from the AACSB is reviewed every five years to see if a school can maintain its status. The CBA program has been accredited since 1965, marking its 50th year of accreditation.
Pol has served multiple times as a member of an AACSB Peer Review Team. Based on his experiences evaluating other schools, Pol has seen first hand how UNO stacks up.
“Each time I go and do a peer review of another school I come back feeling good about what we are doing,” Pol said. “The dedication of our faculty to giving students a competitive edge when they graduate truly makes UNO a top-tier school.”
For UNO, it’s not just the faculty that make the difference. Pol explained that students carry their own weight making the school elite.
“Before students graduate, we have them take a major field test,” Pol said. “Our undergraduate students collectively score in the 85-90 percentile, while our MBA students finish in the 95-97 percentile.”
The school of business’s accounting program received the AACSB accounting accreditation, making the
College of Business one of 182 colleges with an accredited accounting program.
Dr. Susan Eldridge, department chair and associate professor, lead the effort to have the accounting program become reaccredited. Eldridge explained the criteria that needed to be met, and how UNO exemplified what the AACSB was looking for.
“The three pillars of success that the AACSB looks for is engagement, innovation and impact,” Eldridge said. “Our faculty looks at what we’re doing now, where we’re going and creates goals and objectives based off that.”
Eldridge said both students and employers value accredited schools like UNO’s CBA program.
“When a high school student is considering where to go to college, both the student and their parents know it’s not a run of the mill program,” Eldridge said. “Because of this status, we have good relations with local employers that seek to employee UNO students.”
Pol has seen the impact of the CBA program not just in the city of Omaha, but in other markets as well.
“Last week I attended an alumni event before the hockey game in Denver and was approached by multiple alumni who expressed how much the CBA program helped them where they are today,” Pol said. “I think it’s becoming well-known that Omaha employers seek UNO students, but we’re also beginning to see our impact in regions where we don’t have as much stake.”
Today, there are 755 business schools in 51 countries and territories that have earned AACSB accreditation.