AACSB Accreditation

AACSB logoThe NIU College of Business is among an elite 4% of business schools worldwide to hold AACSB accreditation at all levels. AACSB accreditation is the most respected and highest credential of excellence for business and accounting schools around the world. NIU Business and its Department of Accountancy have achieved continuous AACSB accreditation since 1969 and 1983, respectively.


Best Undergrad Business School

  • Among Nation’s Best 9 Years & Counting Businessweek (2016).  NIU’s College of Business continues to build on its strong reputation as one of the nation’s best undergraduate business programs. Bloomberg Businessweek’s 2016 survey of undergraduate programs places the college 79th best in the nation, out of the 550 U.S.-based AACSB-eligible business programs and up 30 spots from Bloomberg’s previous ranking period.  NIU is one of only three State of Illinois public universities to make this ranking, which is based on surveying nearly 30,000 students and recruiters at nearly 600 companies.  Starting salaries and internships are also considered.  NIU Business continues to excel in the area of student satisfaction (ranking No. 61) and also performed well in Businessweek’s newer ranking categories:  employer surveys, starting salaries, and internships.  The NIU College of Business has ranked among the nation’s best for each year of the Bloomberg Businessweek ranking period.
  • Among Nation’s Top 24% - US News & World Report (2016).  The NIU College of Business undergraduate program is ranked in the top quarter of best business schools out of nearly 550 eligible U.S.-based AACSB accredited business programs.  This ranking of best business schools is based entirely on AACSB Deans evaluation of program quality.  This year, the ranking given to NIU Business by business Deans across the country also makes NIU Business the top-ranked public business program in Illinois outside of the U of I system.  NIU Business has ranked among the nation’s best in all 30 U.S. News & World Report rankings, beginning with the launch of their annual survey.
  • Best Return on Investment in Illinois and Among Best in Nation - Businessweek (2013). The NIU College of Business undergraduate program generates the best return-on-investment when compared with all the other business schools in the state of Illinois. According to the Bloomberg Businessweek's "Top Undergraduate B-Schools for ROI" list, NIU ranks at No. 45 nationally with a return-on-investment of $4.74 in salary earned per annual tuition dollar spent.
  • Top 3 for 4 Consecutive Years. Building on a strong trend, NIU's College of Business ranks 3rd nationally for integrating ethics in the curriculum (Businessweek 2013 rankings). Since the start of its specialty rankings in 2010, Businessweek has ranked the college in the top 3 nationally for 4 consecutive years in the area of ethics education: 3rd in 2013, 2nd in 2012, 3rd in 2011, and 2nd in 2010.

Best MBA Program

  • Among Nation’s Elite for 4 Consecutive Years.  NIU’s Part-Time MBA continues to rank among the best in the U.S. News & World Report annual survey of part-time MBA programs.  Released in early 2016, the publication’s 2017 survey of “Best Business Schools” places NIU’s Part-Time MBA 124th nationally out of the more than 700 eligible AACSB-accredited schools.  This is the fourth consecutive year NIU’s Part-Time MBA has ranked among the nation’s best.  read article >

Best Academic Programs

  • Affordable Accounting ProgramsNIU’s Master of Accounting Science ranks 15th nationally in affordability – Accounting Degree Review (2016).
    The publication researched out-of-state tuition rates for AACSB-accredited graduate level accounting programs across the nation.
  • NIU’s Master of Accounting Science ranks 26th nationallyAccounting Degree Review (2016).
    Accounting Degree Review listed the college’s accountancy graduate program 26th best in the country for 2016.  The publication highlighted NIU’s Master of Accounting Science program, which incorporates accounting knowledge with leadership and professional skills.  Students with an undergraduate accounting degree can complete NIU’s MAS (leadership) program in one year.
  • Accountancy ranks among Top 25 Best Nationally - Public Accounting Report.
    NIU's undergraduate and graduate accountancy programs ranked among the Top 25 best in the nation according to the 2015 Annual Professors Survey conducted by Public Accounting Report (PAR). PAR's ranking places NIU’s undergraduate accounting program 19th best nationally and NIU’s master level accounting program 25th best nationally. Continuing a strong trend for more than two decades, NIU's accountancy program has ranked continuously among the very best programs in the country.


  • 89% SAP TERP10 exam pass rate (2016)
    Since the 2015 launch of the OM&IS Department SAP TERP10 workshop, participating students have far exceeded the national pass rate of 65% (per SAP University Alliances).  This year, NIU students achieved an 89% pass rate, up from an already outstanding 70% pass rate in the workshop’s first year.
  • NIU Business - a member of the SAP University Alliances Community Since 2011
    SAP is the dominant player in the Enterprise Resource Planning software market. Joining the SAP University Alliance Community permits NIU business faculty to use SAP software and have access to curricular materials that will allow them to introduce NIU business students to ERP systems. For this project, the college works with an advisory committee that includes business community partners from Vistex, Siemens Industry, Willis Computing, Allstate, Nalco, Alta Via, and Eby-Brown.
  • KPMG funds first endowed professorship at the university within the NIU College of Business (September 2009)
    The excellence of the Northern Illinois University College of Business and its Department of Accountancy has been recognized with the creation of the university's first-ever endowed professorship: the KPMG Endowed Professorship in Accountancy. Endowed professorships are the most prestigious faculty honor and support into perpetuity the outstanding excellence of specific university programs.
  • Northern Illinois University is:
    • a full member of the Universities Research Association (URA), an elite group of top public and private research universities that includes Harvard, MIT, Princeton, and Yale.
    • among only four percent of all U.S. colleges and universities listed in The Carnegie Foundation'smost productive category: "doctoral/research university-extensive."
    • a member of the nation's most prestigious public higher education association: the National Association of State Universities and Land Grant Colleges.
    • the home of a new scientific center dedicated to research with Fermi National Accelerator Laboratory, one of the world's premier high-energy physics research laboratories.