The Eberly College of Business and Information Technology has maintained its business accreditation by AACSB International following an AACSB review, required every five years, in which the program must demonstrate it meets the agency's standards of quality.
The college achieved accreditation of its bachelor's and master's degree programs in Business Administration from the Association to Advance Collegiate Schools of Business in May 2001.
Founded in 1916, AACSB International is the longest serving global accrediting body for business schools that offer undergraduate, master's, and doctoral degrees in business and accounting.
Less than five percent of colleges of business worldwide have earned accreditation with this agency.
“The extension of AACSB accreditation is a well-earned testament to the outstanding work of the faculty, students, administration, and staff of the Eberly College,” Dr. Robert Camp, dean of the college, said.
“Continuing to meet the high standards of AACSB over an extended period of time requires a constant focus on all aspects of the college including instruction, scholarship, and service to both IUP and the community.
“The combination of AACSB accreditation and repeated recognition by the Princeton Review places the Eberly College among the most respected business schools in the country.”
In the review, the program must demonstrate its continued commitment to the AACSB's twenty-one quality standards relating to faculty qualification, strategic management of resources, interactions of faculty and students, and a commitment to continuous improvement and achievement of learning goals in degree programs.
“It takes a great deal of self-evaluation and determination to earn and maintain AACSB accreditation,” Jerry Trapnell, vice president and chief accreditation officer of AACSB International, said. “Schools not only must meet specific standards of excellence, but their deans, faculty, and staff must make a commitment to ongoing improvement to ensure continued delivery of high-quality education to students.”
The Eberly College has been included in the Princeton Review's Best Business Schools guidebook for seven consecutive years.
The Princeton Review guidebook accepts no advertising dollars and uses independent surveys from current students, recent graduates, and college officials to determine which colleges and universities merit inclusion. There are approximately 1,600 schools or colleges of business throughout the United States.
In March 2010, the Eberly College was one of fifteen graduate schools of business in the nation named to the Princeton Review's second annual “Student Opinion Honors for Business Schools.” In IUP's debut on the list, it was included in two of the six categories: Marketing and General Operations. The list appeared in the April 2010 issue of Entrepreneur magazine.
The Eberly College of Business includes a forty-four-station financial trading room, which allows students to create hypothetical portfolios and track all purchase and sales transactions in order to gauge performance and document trading strategies.
State-of-the-art resources for student and faculty research at the Eberly College include a neuromarketing lab and a digital production studio and lab, in which students learn how to create and edit streaming video for training presentations and websites.