Tuesday, June 19, 2018
Education

Florida business schools face new accreditation standards

The business landscape has shifted shape in 10 years.

Young people have lived through the Great Recession, seen banks collapse and corporate leaders hauled away in handcuffs. They've watched the housing bubble burst, their parents endure layoffs and foreclosures. They've entered a world of burgeoning student loans and new technologies.

And now, when they go to college for a business degree, their standards of learning will change with the times.

So says the Association to Advance Collegiate Schools of Business, the agency that accredits business schools around the world, and more than a dozen in Florida including the University of South Florida, the University of Tampa, Florida State, the University of Central Florida and the University of Florida.

At a meeting Monday in Chicago, AACSB members voted unanimously to change accreditation standards, streamline and add new focuses on innovation, social responsibility and jobs. It marks an end to a two-year period when the agency studied changing business education.

"People go to business school to get good jobs, not to spend four years and keep looking for a job," said Moez Limayem, dean of USF's College of Business and its more than 6,000 students. "The competitive landscape has changed. We have more business schools offering more options to students, and the classic, traditional business school that does not innovate, that does not think out of the box and offer quality programs, will cease to be relevant."

Under new standards, schools will prove to a peer review group how students are getting exposed to the real working world.

There's no prescribed way to do it, AACSB leaders said. It could be through service projects. It could be through corporations donating money to schools and hiring students for jobs and internships. It could be through guest speakers, through curriculum with themes of corporate responsibility throughout.

"Ethics is a big part of it now," Limayem said.

And gone are the days of faculty research papers that disappear into academic journals. Under the new standards, business teachers will have to prove how their research is impacting bottom lines of businesses and leading to the creation of new tools.

Business schools, which are reviewed for accreditation every five years, have three years to adjust to the new standards. Less than 5 percent of the world's 13,000 business programs have earned AACSB accreditation.

"It places them among the premier business schools in the world," said Robert Reid, the AACSB's executive vice president and chief accreditation officer. "By being accredited by us, you really have shown that you are among the best business schools in the country."

Stephanie Hayes can be reached at [email protected] or (813) 226-3394.

Comments
Ethan Hooper steps up with a salute to teachers

Ethan Hooper steps up with a salute to teachers

Editor’s note: Ethan Hooper wrote today’s column to give Ernest Hooper Father’s Day off.In May, I graduated from the University of Central Florida with a degree in elementary education, and I recently secured a job as a first-grade teacher with Orang...
Published: 06/18/18
AP World History course is dropping thousands of years of human events - and critics are furious

AP World History course is dropping thousands of years of human events - and critics are furious

Since 2002, the AP World History course has covered thousands of years of human activity around the planet, starting 10,000 years back. But now the College Board, which owns the Advanced Placement program, wants to cut out most of that history and st...
Published: 06/16/18
School board races attract new faces

School board races attract new faces

TAMPA — When long-time Hillsborough County School Board member Susan Valdes resigned this month from the board to run for the State House of Representatives, the decision affected more than just her seat in west Hillsborough’s District 1.It also coul...
Published: 06/14/18
Updated: 06/17/18
Hillsborough schools tax referendum is unlikely for November

Hillsborough schools tax referendum is unlikely for November

TAMPA — Money that the Hillsborough County School District needs to build schools and replace air conditioners might be farther from reach, thanks to a new state law and a bureaucratic process required before the voters can decide on a tax referendum...
Published: 06/14/18
University of Chicago eliminates SAT/ACT requirement

University of Chicago eliminates SAT/ACT requirement

The University of Chicago will no longer require ACT or SAT scores from U.S. students, sending a jolt through elite institutions of higher education as it becomes the first top-10 research university to join the test-optional movement.Numerous school...
Published: 06/14/18
Unhappy with superintendent’s budget wish list, Hernando School Board shuts down talk of tax increase

Unhappy with superintendent’s budget wish list, Hernando School Board shuts down talk of tax increase

BROOKSVILLE — Hernando County schools Superintendent Lori Romano presented to the School Board Tuesday nearly $53 million worth of budget priorities, asking them to choose which will be funded in the upcoming school year.The board voted 3-2 later Tue...
Published: 06/13/18
UT shines the spotlight on visiting authors

UT shines the spotlight on visiting authors

The University of Tampa’s MFA program will host the June 2018 Residency Visiting Writers Lectores Series that runs from now until June 21 on the ninth floor of the Vaughn Center, 401 W Kennedy Blvd. Each reading will be held at 7:30 p.m.Each January ...
Published: 06/12/18
Updated: 06/15/18
Hernando School Board fires Superintendent Lori Romano after member says she ‘lost the public trust’

Hernando School Board fires Superintendent Lori Romano after member says she ‘lost the public trust’

BROOKSVILLE — Hernando County schools Superintendent Lori Romano will step down at the end of this month following a 3-2 vote by the School Board to terminate its contract with her amid increasing concerns about her ability to lead.Romano has suffere...
Published: 06/12/18
Updated: 06/13/18
Pasco summit aims to merge school cultures while making students feel included

Pasco summit aims to merge school cultures while making students feel included

NEW PORT RICHEY — The dozen Fivay High school students and their administrators arrived at the Pasco County school district’s annual Together We Stand conference with a clear goal in mind.With hundreds of former Ridgewood High students arriving in th...
Published: 06/12/18
Central’s air rifle team prepares for national competition

Central’s air rifle team prepares for national competition

BROOKSVILLE — Historic Camp Perry is where it’s at. Located near Clinton, Ohio, the National Guard training facility is where the nation’s top shooters go to compete.Next week, some of Hernando County’s top shooters compete there in the Civilian Mark...
Published: 06/11/18
Updated: 06/14/18