DURANT, Okla. -- Southeastern Oklahoma State University¹s John Massey School of Business has earned initial accreditation in business from AACSB International The Association to Advance Collegiate Schools of Business.
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.
By achieving initial accreditation, the Massey School of Business becomes part of an elite group that makes up less than 5 percent of the world's business schools that have earned business and/or accounting accreditation.
The newest accreditations raise the total number of institutions that maintain specialized AACSB accreditation for their business schools to 559, with 460 based in the United States and 99 based outside of the United States.
Southeastern is one of only four universities in Oklahoma accredited by AACSB, and the only regional university in the state with that distinction.
Both the undergraduate and MBA degrees at Southeastern received the AACSB accreditation.
"This is a tremendous accomplishment, not only for the University, but for the community and for the region,¹¹ said Southeastern president Michael D. Turner.
"This accreditation confirms the fact that high quality programs and instruction are in place at the John Massey School of Business. Dean (Buddy) Gaster and the faculty and staff are to be commended for their diligent efforts in seeing this process through."
To achieve accreditation, business programs must satisfy the expectations of a wide range of quality standards relating to strategic management of resources, interactions of faculty and students in the educational process, and achievement of learning goals in degree programs.
These standards are mission-linked. During the accreditation process, the John Massey School of Business was visited and evaluated by business school deans with detailed knowledge of management education, applying accreditation standards that are widely accepted in the educational community.
AACSB International accreditation represents the highest standard of achievement for business schools, worldwide. Institutions that earn accreditation confirm their commitment to quality and continuous improvement through a rigorous and comprehensive peer review.
AACSB International accreditation is the hallmark of excellence in management education.
The Massey School of Business is named in honor of Durant businessman John Massey, a 1960 graduate of Southeastern, a 1984 Distinguished Alumnus of Southeastern, a member of the State Regents for Higher Education in Oklahoma, and a long-time supporter of higher education in the state.
"The AACSB accreditation will serve to enhance the value of a business degree at Southeastern," Regent Massey said.
"I will also help open the doors to unlimited opportunities in the professional world for our graduates for many years to come. This accreditation is very meaningful, and as a product of Southeastern, something that I am most proud of. I know that our students and alumni will take great pride in this achievement."
"In 1998, Dr. Bob Masters, the Dean of the School of Business at that time, mentioned the idea of pursuing AACSB accreditation to me. I discussed the option with Cameron University President, Dr. Cindy Ross, formerly the Vice Chancellor for Academic Affairs with the State Regents, who provided invaluable advice and counsel concerning the benefits of the accreditation and the specific steps necessary to initiate the process. Dr. Ross and I also discussed the concept of leveraging the Massey Endowed Chairs to assist in the compliance requirements of the AASCB accreditation."
Also offering congratulations to Southeastern was Dr. Glen D. Johnson, Chancellor of the Oklahoma State System for Higher Education, and who served as Southeastern president from 1997-2007. Johnson was at Southeastern when the accreditation process began several years ago.
"This significant achievement by Southeastern¹s John Massey School of Business is a tribute to the vision and determination of Regent John Massey, Dean Buddy Gaster, and the entire faculty of the school," Chancellor Johnson said.
"Their efforts have placed the Massey School of Business in the top rung of Business Schools internationally and will continue to greatly enhance the learning opportunities for their students in the future. I extend my sincere congratulations to the university on this important recognition during Southeastern¹s Centennial year."
The John Massey School of Business is also accredited by the Association of Collegiate Business Schools and Programs. In addition, the School of Business aviation program is accredited by the Aviation Accreditation Board International.