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The State University of New York at Old Westbury’s School of Business has earned international accreditation by the Association to Advance Collegiate Schools of Business, whose U.S. office is based in Tampa, Florida.

Schools that pursue this designation undergo a multi-year process that began in 2017. In that process, each applicant must meet specific standards, with the goal of creating the next-generation leaders, according to the organization.

“AACSB accreditation recognizes institutions that have demonstrated a focus on excellence in all areas, including teaching, research, curriculum development and student learning,” Stephanie Bryant, executive vice president and chief accreditation officer of AACSB, said in news release about the designation earned by SUNY Old Westbury.

“We congratulate State University of New York at Old Westbury and Dean Shalei Simms on earning accreditation and applaud the entire team – including the administration, faculty, staff, and students – for their roles in earning this respected honor,” Bryant added.

“Earning AACSB accreditation is all about our dedication to our students and our faculty’s commitment to excellence,” SUNY Old Westbury President Timothy Sams said in the news release.

“AACSB sets the highest standards, so students and graduates of our School of Business now have more proof of what we’ve always known – that they receive a rigorous, relevant education that readies them for success in the careers and lives they want for themselves,” Sams added.

AACSB accreditation is designed to prompt new ways of thinking within business education at a global level. According to the organization only 6% of schools around the world that offer business degree programs hold AACSB business accreditation.

Shalei Simms, acting dean of the SUNY Old Westbury School of Business,  said in the release that it’s only “the strongest business schools in the world have earned AACSB accreditation. After AACSB’s intensive review process and through the commitment and expertise of our faculty, we are proud to be able to say that AACSB recognizes that we deliver on our promise to prepare the next generation of business leaders.”

AACSB accreditation is designed to ensure that schools achieve continuous improvement with the focus to deliver on their mission, innovate and drive impact, according to the news release. Schools earning the designation  have undergone a rigorous peer-review process to help ensure that they have the resources, credentials and commitment required to provide students with a “first-rate, future-focused business education.”

In July, SUNY Old Westbury announced that its status had changed from a college to a university.

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