Recent media reports have mischaracterized the status of the Tippie College of Business’ academic accreditation with the Association for the Advancement of Collegiate Schools of Business (AACSB).
The reports suggest that the college’s accreditation is in jeopardy. This is not true, as the college remains fully accredited by the AACSB and will remain so until 2019. A recent letter sent from AACSB to the college on April 13, 2017, confirms that the college successfully maintained its accreditation after its continuous improvement review visit in 2014.
The AACSB is a third-party organization that guarantees academic quality at 760 business schools in the United States and around the world. The organization most recently examined the Tippie College of Business in 2014 and gave the college its full accreditation that year, which will remain in full effect for five years. This designation is not threatened in any way and the college remains a fully sanctioned school that offers the highest quality of business education.
The Tippie College of Business has been fully accredited by the AACSB since 1923. Our most recent accreditation report three years ago was overwhelmingly positive, while also taking note of two academic areas where the college can be improved. This is not unusual; it is, in fact, the purpose of having outside observers examine an institution and to help maintain its quality.
Those areas included assurance of learning procedures in the college’s MBA and PhD programs, and the balance of faculty appointments in the Management and Organizations Department. The college has since formulated steps to address the AACSB’s recommendations and is now in the process of implementing those steps to strengthen the college’s academic quality even more.
At no time did any of these issues threaten the college’s accreditation, nor are they a reflection on the overall high quality of education that students receive at Tippie. The college has remained the highest ranked business school in the state by US News & World Report and Bloomberg BusinessWeek, and Financial Times ranks our finance program among the ten best in the world.
We’re proud of the education provided by our world-class faculty and the research they contribute to the business field’s overall body of knowledge. We’re also proud of our students and the careers they achieve after graduation by using the education and the skills they received during their time at Tippie and the University of Iowa.
We’re disappointed that recent media reports lacking full context and written in a misleading tone have distracted from this success.