The Accreditation Council for Business Schools and Programs (ACBSP) is a leading specialized accreditation association for business education — supporting, celebrating, and rewarding teaching excellence. ACBSP accredits business, accounting, and business-related programs at the associate, baccalaureate, master, and doctorate degree levels worldwide. Every quality business program worldwide is accredited.
- ACBSP promotes continuous improvement and recognizes excellence in the accreditation of business education programs around the world.
- ACBSP acknowledges the importance of scholarly research and inquiry and believes that such activities facilitate improved teaching. ACBSP encourages faculty involvement within the contemporary business world to enhance the quality of classroom instruction and to contribute to student learning.
- ACBSP offers an accreditation process uniquely focused on teaching excellence and student outcomes. And because the council believes ACBSP success is driven by the success of its members, ACBSP officers and members align those programs and the accreditation process to meet the individual needs of each member.
To view ICUC's accreditation at ACBSP click
here.
Outcomes Assessment
ACBSP understands the importance placed on outcomes assessment from external stakeholders which is why student learning outcomes assessment is a threshold standard for ACBSP accreditation. ACBSP is recognized as a leader in the area of assessing student-learning outcomes.
For ICUC it is important to inform on our graduation rate and the retention rate. This will give an idea how successful the students are in reaching their goal.
Accounting Programs
For the Accounting programs the Bachelor in Accounting and the Master in Accounting program have been accredited. The graduation rate for the Bachelor program is between 5% and 10%. These are the students finishing their study nominally (5 years or less). If you take the students finishing in 6 years this grade will increase with approximately 10-15%. The retention rate is around 75% per year
The graduation rate for the Master program is between 25% and 30%. These students graduate within 2 years of the program. the retention rate is over 85%.
Business Administration Programs
For the Business Administration programs the Bachelor in Business Administration and the Master in Business Administration program have been accredited.The graduation rate for the BBA programs is between 29% and 39%. These are the students finishing their study nominally (4 years or less). If you take the students finishing in 5 years this grade will increase with approximately 10-15%.
The rates for the MBA group is higher than the rates for the BBA. The rate for the MBA group is approximately 65% nominally. With the exception of the graduation rate in 2021. The reason for this is the pandemic situation in that period. Students were more inclined to stop for a year with their study, mainly caused by the lack of financial resources to continue. If you take a longer period than the nominal period, the increase will be approximately 10-15%. We continue to give special attention to the thesis writing process, ensuring that the student can write the thesis in a short period. The special guidance will help the student to structure the research and writing process, and will have a good starting point to execute practical and theoretical in their own organization.