Drake University's College of Business and Public Administration will withdraw from professional accreditation status for a year to address a shortfall in academic research, the university announced today.
Drake's College of Business and Public Administration is currently accredited by the Association to Advance Collegiate Schools of Business (AACSB), but it was found to not be in compliance with one of the 21 standards of accreditation: peer academic research. Drake was told by the AACSB a couple of years ago that it fell short of the standard, and the university has been working to address the shortfall since, said Charlie Edwards, dean of the college.
"But we're still short," Edwards said. "Rather than being sort of on the edge and potentially losing our accreditation and having it revoked, we chose to be proactive and withdraw temporarily."
The college has focused and will continue to focus on shifting the responsibilities of some professors to allow them to do more research, Edwards said, and it has added seven or eight positions to the college in the last two years to help. He feels that enough people are working on research articles that the college will be able to reapply for accreditation in spring 2015, the earliest date allowed after the withdrawal.
Edwards was adamant that the student experience would not suffer, and that Drake met all AACSB standards related to academic achievement and quality of programming.
"We are going to continue to do the things that we do very well, and our employers expect that. Our students have learned to expect that," Edwards said. "We know our students are graduating from Drake in four years. We know they are getting good jobs."
About 25 percent of business schools nationwide are accredited by AACSB, Edwards said. In Iowa, only the three state universities are accredited.
This has no impact on the university's institutional accreditation by the Higher Learning Commission, the university said in a statement.