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Monday, May 03, 2004

Perdue School of Business Earns AACSB Re-accreditation

SALISBURY, MD---AACSB International--The Association to Advance Collegiate Schools of Business is the world's most respected accrediting body for business programs.  Out of thousands of business schools and colleges worldwide, only 15 percent have earned accreditation by AACSB International.  The Franklin P. Perdue School of Business at Salisbury University recently learned that is has received a five-year re-accreditation from this association. “We are delighted,” said Perdue School Dean William Moore.  “This is a continuing reaffirmation of the inherent strength and excellence of our academic program.  I wish to commend the hard work of the faculty and the support of the University administration in making this possible.  We are accredited at both the undergraduate and graduate levels, which is outstanding news for our students and other stakeholders.  Globally, only 404 business degree programs have such distinction.”  The Perdue School is the only such accredited business program on the Delmarva Peninsula. In a letter to Moore, AACSB Chair of the Board Carolyn Woo commended the school on a number of strengths including:  student participation in a business accounting model; student participation in demand estimation that allows them to conduct actual research and collect and analyze data; establishing an Information and Decision Sciences Program through a partnership with Perdue Farms and SAP (the world's most widely utilized enterprise resource planning software); and students’ functioning as consultants to small businesses. In addition, student teams coached by Perdue faculty have taken top honors in regional and national contests, such as the National Collegiate American Marketing Association Conference, the College Federal Reserve Challenge and the Goodman Accounting Challenge. The school's Bernstein Award encourages young entrepreneurs to compete in an annual business plan competition offering a $5,000 first prize.  The school also has the only undergraduate Certified Financial Planning Program in Maryland. Endowed by Salisbury business leader and philanthropist Frank Perdue in 1986, the school offers undergraduate degrees in accounting, business administration, economics, finance, information systems, management and marketing.  Its MBA blends an integrated curriculum with the development of values-based business leadership.  The Perdue School is widely recognized for its commitment to the Eastern Shore through outreach such as the Small Business Development Center (SBDC) and the Business, Economic and Community Outreach Network (BEACON). During a recent event drawing nationwide media attention, the Perdue School brought Federal Reserve Bank of Richmond President J. Alfred Broaddus to the Shore, where the financial leader spoke about economic recovery and its impact on inflation and interest rates.  His lecture was part of an ongoing executive leadership series designed to expose students and the area business community to the best in business thought.

For more information on the Perdue School call 410-543-6316 or visit its Web site at www.salisbury.edu/schools/perdue/.



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