AACSB extends Maine Business School accreditation

AACSB International has extended accreditation for the Maine Business School at the University of Maine through the 2023–24 academic year.

The Maine Business School has been accredited by AACSB since 1974.

“It is exciting to see this extension of the gold standard of business education accreditation,” says Faye Gilbert, dean of the Undergraduate School of Business and interim provost at UMaine.

AACSB Business Accreditation signals to the world that an institution has met the most rigorous standards of excellence in business education. Institutions that bear the AACSB-accredited mark demonstrate they are committed to upholding — and advancing — the quality of their programs, at the undergraduate and graduate levels. 

“The accreditation process does, in fact, ensure quality,” says J. Michael Weber, dean of the Graduate School of Business. “It’s a metric that communicates our standing as one of the top business programs across the globe.”

To extend accreditation, the Maine Business School underwent a continuous improvement review (CIR) consisting of a written report detailing initiatives and successes, and an on-campus visit by a peer review team of deans from three institutions. In November 2019, the AACSB CIR team met with students, faculty, staff and Maine Business School advisory board members in Orono. AACSB International voted Jan. 28 to extend the accreditation.

“AACSB accreditation is a team sport,” says Gilbert. “Faculty, staff, alumni, advisory board members and students continue to work to ensure that the business programs at the University of Maine are among the finest in the world.”

Contact: Nicholas Fraunfelter, 207.581.1963