Stevens School Of Business Achieves Prestigious AACSB Reaccreditation
Fewer than 6% of business schools worldwide earn accredited status from AACSB
The Stevens School of Business continued to showcase its excellence and leadership in business education with a six-year extension of its accreditation from the Association to Advance Collegiate Schools of Business (AACSB), marking the school’s second consecutive reaccreditation since it was first granted in 2015.
AACSB accreditation is the world’s oldest and most recognized specialized accreditation for university business programs, earned by fewer than six percent of business schools globally. According to the AACSB, “the accreditation process includes a rigorous external review of a school's mission, faculty qualifications, curricula and ability to provide the highest-quality programs.”
“This reaccreditation recognizes our distinctive approach to business education — integrating technology throughout our curriculum to prepare students for leadership in an increasingly digital world,” said Stevens President Nariman Farvardin. “The AACSB’s recognition affirms that our technology-infused business education is preparing graduates to change lives and the organizations they’ll lead for the better.”
Following the submission of SSB’s process-mandated Continuous Improvement Review, a Peer Review team visited the campus earlier this year to meet with faculty, staff and students. The AACSB’s Continuous Improvement Review Committee agreed with the team’s recommendation for continued accreditation, and the decision was recently ratified by the AACSB Board of Directors.
"I am extremely proud that the AACSB Board of Directors has officially ratified our reaccreditation following the Review Panel's unequivocal recommendation,” said Dean GJ de Vreede. This recognition validates what I've witnessed since arriving at Stevens. It truly is a great time to be a Duck! The review team praised our exemplary focus on student success, our robust assurance of learning process and our innovative initiatives like CRAFT and NJ FAST that are positioning Stevens as a leader in fintech education and research.”
“What impressed them most was the 'heart’ and dedication to Stevens they witnessed from our entire community and the collaborative spirit that defines who we are,” he continued. “This achievement reflects the remarkable growth and performance of our school. I'm especially grateful to the faculty and staff who shepherded us through this process, including former Dean Gregory Prastacos, Assistant Dean and Senior Director of Strategic Initiatives Jeff Hedrick and Professor Edward Stohr. Their dedication, along with our entire Stevens community and university leadership, makes this a place where business education and cutting-edge technology converge to prepare the leaders of tomorrow."
All Stevens undergraduate and graduate business programs are accredited by AACSB. AACSB provides internationally recognized, specialized accreditation for business and accounting programs at the bachelor's, master's and doctoral levels. AACSB accreditation standards challenge post-secondary educators to pursue excellence and continuous improvement throughout their business programs.
Formerly the Howe School of Technology Management, the Stevens School of Business achieved its first AACSB accreditation in 2015. It was reaccredited in 2020.
SSB’s reaccreditation follows its climb to No. 68 on U.S. News & World Report’s list of top business schools in the nation. It marked the fifth consecutive year Stevens ranked in the top 100, emphasizing the school’s commitment to innovation, industry relevance and academic excellence.
