The Pamplin College of Business has maintained its accreditation with AACSB International - the Association to Advance Collegiate Schools of Business for undergraduate, master's, and Ph.D. programs in business and accounting.

A five-member "peer review" team led by Purdue University's business dean examined the college's previous and current five-year strategic plans, recent annual reports, and data concerning enrollment, admission, curriculum, faculty, and college organization. During a two-day visit to the college last October, the team met with Richard E. Sorensen, Dean of the Pamplin College of Business, and other college administrators, faculty and staff members, and senior university officials.

The team's recommendation, to extend accreditation for an additional six years, with another maintenance review in the fifth year, was accepted by AACSB's maintenance of accreditation committee and ratified by the association's board of directors. The reaccredidation, Sorensen said, was "a reaffirmation by others of the overall high quality of our programs."

The team commended the college on its strengths and effective practices, including information technology and international programs, experiential learning opportunities such as the SEED student-investor group and various leadership programs, its Business Technology Center, and its faculty's "impressive research output, teaching prowess, and overall commitment to the college and university."

The college's leadership, the team's report noted, "must be commended for the manner in which it planned for and executed significant budget cuts in recent years. Though the impact of these cuts has been deleterious, in the absence of solid leadership, they could have been devastating. Dean Sorensen's service and leadership within AACSB has been outstanding and his expertise within business programs is manifested in his school." The team also offered various suggestions for improvement.

Virginia Tech's nationally ranked Pamplin College of Business offers undergraduate and graduate programs in accounting and information systems, business information technology, economics, finance, hospitality and tourism management, management, and marketing. The college emphasizes the development of leadership skills and ethical values and the integration of technology in the academic curriculum, and prepares students for global business challenges through faculty-led study abroad programs. The college has research centers that focus on business leadership, electronic commerce, energy modeling, and wireless telecommunications. The college is committed to serving business and society through the expertise of its faculty, alumni, and students.

Founded in 1872 as a land-grant college, Virginia Tech has grown to become the largest university in the Commonwealth of Virginia. Today, Virginia Tech’s eight colleges are dedicated to putting knowledge to work through teaching, research, and outreach activities and to fulfilling its vision to be among the top 30 research universities in the nation. At its 2,600-acre main campus located in Blacksburg and other campus centers in Northern Virginia, Southwest Virginia, Hampton Roads, Richmond, and Roanoke, Virginia Tech enrolls more than 28,000 full- and part-time undergraduate and graduate students from all 50 states and more than 100 countries in 170 academic degree programs.