NYIT Earns Accreditation for Management and Business Programs

February 19, 2015

NYIT School of Management has earned accreditation by AACSB International—the Association to Advance Collegiate Schools of Business (AACSB)—the culmination of a four-year effort to secure the prestigious designation that recognizes educational excellence and quality.

“AACSB accreditation confirms the distinct value of NYIT’s high-caliber business and management programs and is a recognition of the strength and relevance of our offerings here and at our global campuses,” said NYIT President Edward Guiliano, Ph.D. “This is a distinguished addition to our large portfolio of specialized program accreditations ranging from architecture and design, to engineering, to health and medicine, and beyond. I congratulate our School of Management leadership, faculty, staff, and students who worked to attain this recognition and wonderful point of pride for the entire NYIT community.”

NYIT School of Management—one of seven NYIT colleges and schools—administers undergraduate and graduate programs at its New York, Vancouver, Abu Dhabi, Nanjing campuses, as well as other Ministry of Education-approved programs in China. The offerings emphasize professional enrichment, experiential education, and student advancement through leadership and extracurricular activities. The accreditation covers all programs at the school.

Of the eight institutions accredited this year, NYIT is the only U.S-based institution. Less than five percent of the world’s 16,000 institutions offering business degrees have earned AACSB accreditation, a process that requires a rigorous self-evaluation and peer review in several areas, including: strategic management and innovation; learning and teaching; participation by students, faculty and staff; and academic and professional engagement. In addition, deans, faculty, and professional staff “must make a commitment to ongoing continuous improvement to ensure that the institution will continue to deliver the highest quality of education to students,” said AACSB Executive Vice President and Chief Accreditation Officer Robert D. Reid.

Dean Jess Boronico, Ph.D., praised NYIT’s leadership, faculty, staff, and students for what he called a “herculean effort” across all campuses. He recalled that during the final peer review team visit to the New York campuses, the team members spent an entire day on conference calls with faculty, students, and others at global campus locations.
“Everybody spoke to the same processes, activities, outcomes and student opportunities towards demonstrating that we are one unified global community advancing a common mission," he said. “The fact that we were able to build a vibrant and engaged community of scholars and stakeholders, highly synchronized and personally invested, evidences that we are a best-practice organization.”

Faculty and students filled a distance learning lab in Manhattan to hear Boronico’s announcement (pictured above), which was streamed to their colleagues on the Old Westbury campus. As Boronico finished his remarks, Professor of Economics Krishnamur Chandrasekar asked his colleagues to rise and join him in a standing ovation for the dean.

"This is a boost for our school, students, and faculty," said Chandrasekar, who praised Boronico's "extraordinary leadership," as well as the support from the president and provost. "The designation as an AACSB-accredited school makes us very competitive with other business schools in the area...Employers will want to send their employees here because of the accreditation."

According to the AACSB, 83% of surveyed schools reported an increase in the number of recruiters and employers that were interested in their graduates after they earned AACSB Accreditation.