Recently, the College of Business and Public Management (CBPM) at Kean University has officially received accreditation from the Association to Advance Collegiate Schools of Business (AACSB). This distinction puts the college in an elite group of less than 6% of the colleges and universities worldwide with AACSB accreditation. The AACSB accreditation signifies that the education quality of CBPM has reached a world-class level, which is a milestone in the development of the college.
Since 2018, the College of Business and Public Management (CBPM) of Wenzhou-Kean University has jointly engaged in the AACSB accreditation process with the College of Business and Public Management (CBPM) of Kean University in the United States, formulated and implemented a series of development plans for the accreditation standards, and obtained pre-accreditation in February 2022. In April 2023, the AACSB expert review team met with the management of Wenzhou-Kean University CBPM, Advisory Board, Curriculum Committee, faculty, staff, and students., to fully understand its work in strategic planning, faculty, curriculum settings, teaching quality and assurance, student training, academic achievements, social impact, and other dimensions, and fully affirmed the achievements of CBPM at this stage and put forward prospects for its future development.
The accreditation process of AACSB consists of five rigorous stages including subscription, self-assessment and application, on-site assessment, committee review, and accreditation and maintenance. The accreditation cycle takes five to eight years. As one of the most rigorous accreditations for quality education standards, AACSB accreditation has always been recognized as the gold standard of accreditation for business colleges worldwide, and it is ranked first in the world for its high accreditation standards and rigorous system. Therefore, it represents the highest level of achievement for a business school and is an essential indicator of world-class business education. AACSB Executive Vice President and Chief Accreditation Officer Stephanie M. Bryant stated, "AACSB accreditation is recognition of excellence for institutions across all fields." As of July 2023, there are just over 950 business colleges worldwide with this accreditation, less than 6% of the total, including top institutions such as Harvard Business School, Wharton School, London Business School, and Tsinghua University's School of Economics and Management.
Dr. Jin Wang, Dean of the College of Business and Public Management School at Kean University, said: "Kean University has been working towards AACSB accreditation for many years and has made it a priority since four years ago. The accreditation will make Kean University more attractive to prospective students, employers, and graduate schools."
CBPM of Wenzhou-Kean University is committed to providing its students with a dynamic international learning environment and a diverse range of pathways to create an atmosphere that values high-quality faculty-student interactions and actively seeks to learn and contribute to knowledge. Students can work in multinational corporations, foreign companies, government agencies, or other non-profit organizations, as well as have the opportunity to participate in various internships and educational partnerships with local businesses.
Wenzhou-Kean University is the first university in Zhejiang Province to be equipped with a Bloomberg Lab. In January 2020, CBPM of Wenzhou-Kean University successfully applied for approval to become a Bloomberg Experiential Learning Partner (ELP) program. The Bloomberg ELP program aims to recognize academic institutions leading experiential learning by integrating Bloomberg terminal practices into their curricula. CBPM of Wenzhou-Kean University encourages students to use Bloomberg terminals to enhance their data analytics expertise and gain access to the latest industry news and global information facts as part of their studies. Students can also earn the Bloomberg Market Concepts (BMC) certificate through online e-learning to enhance their future competitiveness and employability in the workplace. Each year, hundreds of Wenzhou-Kean University students earn the BMC certificate.
CBPM currently offers undergraduate programs in Finance, Accounting, Global Business, Marketing, Management (Supply Chain and Information Management Option), Management (Business Analytics Option), and Economics, as well as graduate programs in Global Management (M.B.A.). In October 2020, the undergraduate Accounting program received renewal accreditation from CPA Australia. As of 2023, Finance, Marketing, International Business, and Accounting majors in CBPM of Wenzhou-Kean University have been selected as first-class undergraduate major construction sites in Zhejiang Province. In 2022, three of the CBPM's courses, Principles of Marketing, Marketing, and Introduction to Supply Chain Management, were recognized as first-class courses at the provincial level. So far, 15 courses in CBPM of Wenzhou-Kean University have been recognized as first-class courses at the provincial level.
Source: Media Center
Translation: Wang Hanyu
Reviw: Lu Sujie
