Texas Wesleyan University’s business school joined an elite group of educational institutions, businesses and organizations this week.
The Association to Advance Collegiate Schools of Business recently accredited Wesleyan’s School of Business Administration after a seven-year process that included progress reports and a final site evaluation. Wesleyan is now part of the 5 percent of business programs in the world to receive accreditation from the association.
All schools are required to have regional accreditation to get federal aid, and most in Texas, like Wesleyan, are accredited by the Southern Association of Colleges and Schools Commission on Colleges. But this specialized accreditation means that Wesleyan’s program is “top-tier,” the business school dean said.
“Students that graduate from AACSB schools are typically offered better opportunities for employment and better salaries,” said Hector Quintanilla, School of Business Administration dean.
Quintanilla said some employers won’t hire students unless they’re graduates of AACSB-accredited programs, which is good news for the students graduating Saturday — the first to receive diplomas with the new stamp of approval.
The accreditation can also help students stand out when applying to competitive graduate programs, he said.
As an example, he said it’s the difference between being a “really good bookkeeper and being a certified public accountant.”
Most large research institutions in Texas have AACSB approval, including TCU, the University of Texas at Austin, the University of North Texas, Baylor University, Rice University, Southern Methodist University and Texas A&M University.
The association pushes schools to think about engagement with the community, innovation and impact.
University President Frederick G. Slabach and Quintanilla said the accreditation is part of Wesleyan’s 2020 Vision to build on its educational offerings.
“This achievement is another mark that Texas Wesleyan is transforming into one of the very top private universities in Texas,” Slabach said in a statement.