NEWS RELEASE: “Pace University Opens Entrepreneurship Lab to Foster Student Innovation, Initiative and Commitment; Bruce Bachenheimer Named Lab’s First Director

Pace University has deep “roots” in innovation and entrepreneurship. Pace was founded more than 100 years ago by two exemplars of entrepreneurship, the brothers Homer and Charles Pace. With a $600 loan, they rented a classroom in Lower Manhattan to teach the principles of business to men and women aspiring to a better life.

Pace University Opens Entrepreneurship Lab to Foster Student Innovation, Initiative and Commitment

Professor Bruce Bachenheimer – Serial Entrepreneur, Board Member of the MIT Enterprise Forum, and Authority on Collegiate Entrepreneurship – Named Lab’s First Director

NEW YORK, NY, February 13, 2012 – A ribbon-cutting ceremony on Thursday, February 16, to be attended by members of New York City’s “entrepreneurship ecosystem” will mark the official launch of the new Pace University Entrepreneurship Lab (E-Lab), which is expected to both nurture the entrepreneurial spirit on campus and serve as a beacon for innovation in the Lower Manhattan community. 

Those scheduled to be on hand at the inauguration of the new space on the third floor at 163 William Street in New York City and give brief entrepreneurial-encouraging remarks at the invitation-only reception include (in alphabetical order):

  • Bruce Bachenheimer, Director of the Entrepreneurship Lab and Clinical Professor of Management, Lubin School of Business
  • Neil S. Braun, Dean of the Lubin School of Business and former President of the NBC Television Network and CEO & Chairman of Viacom Entertainment
  • Gurbaksh Chahal, Founder, Chairman & CEO of RadiumOne.  A die-hard internet entrepreneur, “G” also launched ClickAgents and BlueLithium.
  • Somak Chattopadhyay, Partner at Tribeca Venture Partners – Early Stage Venture Capitalist
  • Harold O. Levy, Pace Trustee and Managing Director of Palm Ventures, Former NYC Schools Chancellor
  • Robert W. Walsh, Commissioner – New York City Department of Small Business Services

They’ll be joined by Robert Caucci (Pace BBA ‘11, Entrepreneurship; Pace BS ‘11, Business Economics) and Jeremy Pease (Pace BS ’12, Computer Science), co-founders of Reslutions, who had the 2011 Winning New Business Concept Pitch at Pace’s Seventh Annual Pitch Contest. Reslutions is a platform that digitizes and streamlines all of the processes associated with a collegiate housing department and stemmed from the co-founders experience as college resident advisors.

Entrepreneurship: The Heart of Business Education 

In addition to 163 William Street in Manhattan, Pace will be simultaneously opening an Entrepreneurship Lab at the Goldstein Academic Building on its Pleasantville, NY, campus. Both E-Labs will provide the tools and mentoring for the development of business plans and the seed capital for new ventures. The E-Labs will also host events featuring guest speakers, workshops and competitions, many of which will be open to the public.

“Entrepreneurship, in its broadest sense, is a personal approach for developing ideas into plans and plans into reality. It is interdisciplinary ‘doing.’  Entrepreneurial leadership is as important in large companies as it is in startups; it’s a mindset toward relentless problem solving that leads to successful execution” said Braun, who in his career has assumed many different type of roles, including internet entrepreneur, television network president, corporate attorney, CEO and film producer. “It is therefore at the heart of business education; it is the ultimate capstone for applying the knowledge and skills of the discrete disciplines to a product or service for a specific market opportunity. 

Professor Bruce Bachenheimer is ideally suited to lead the E-Labs and grow the program,” continued Braun.  “Bruce’s relationships throughout the New York City venture community and beyond will be an important building block as we seek to further enhance our standing in, and access to, professionals in the field.” 

Bachenheimer is the visionary behind the annual Pace Pitch Contest and Business Plan Competition, which he introduced in 2004, shortly after joining the Lubin faculty. Additionally, he is a member of the Board of Directors and past Chairman of the MIT Enterprise Forum of New York City and has served on the organization’s Global Board. Bachenheimer also serves on the Board of Directors & Advisors of LeadAmerica and has served as a consultant to the NYC Department of Small Business Services and the New York City Economic Development Corp. He founded Annapolis Maritime Corp. and co-founded StockCentral Australia. 

“The Entrepreneurship Lab aims to foster an entrepreneurial mindset – a way of thinking and acting that focuses on developing new ways to solve problems and create value,” said Bachenheimer, who drafted the initial proposal of the E- Lab. “These skills are important not only for those seeking to establish a new venture, but are increasingly critical in a wide variety of professional careers given today’s hyper-competitive marketplace, where rapid technological innovation and globalization has led to corporate downsizing and a dramatic change in the very nature of work.”

Bachenheimer began his career as a Wall Street trader then had the courage to take a step back from the rat race and go sailing … for several years. After sailing through the Caribbean to South America, he headed to Annapolis, Maryland, where he launched a business importing teak lumber and taught himself yacht joinery. Bachenheimer then transitioned to a career in high-tech forensic science, where he served as the International Product Manager for an entrepreneurial venture, conducting business in over 20 countries. Several years later, Bachenheimer received the prestigious McKinsey & Company Leadership Scholarship to pursue and MBA degree, which he earned from the Australian Graduate School of Management. While completing his degree, he co-founded StockCentral Australia, which grew to become one of the largest financial websites in the country. A Pace alumni, Bachenheimer earned a BBA, Summa Cum Laude, from the Lubin School of Business.  He was conversational in Japanese and spent a semester at Tsukuba National University in Japan as an undergraduate. 

 About Entrepreneurship Studies in the Lubin School of Business at Pace University

The Entrepreneurship Labs on the New York and Pleasantville campuses (www.pace.edu/entlab) build on Pace’s well-established undergraduate and graduate entrepreneurship curriculum and activities such as the Pace Pitch Contest, Business Plan Competition, and Entrepreneur In Residence program. www.pace.edu/entrepreneurship 

About Pace University 

For 105 years, Pace University has educated thinking professionals by providing high quality education for the professions on a firm base of liberal learning amid the advantages of the New York metropolitan area. A private university, Pace has campuses in New York City and Westchester County, New York, enrolling nearly 13,000 students in bachelor’s, master’s, and doctoral programs in its Lubin School of Business, Dyson College of Arts and Sciences, College of Health Professions, School of Education, School of Law, and Seidenberg School of Computer Science and Information Systems. www.pace.edu

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Pace Media Contact: Samuella Becker, sbecker2@pace.edu; 212-346-1637 (office) or 917-734-5172 (mobile)

NEWS RELEASE: “Pace University Establishes Center for Global Governance, Reporting and Regulation; John Alan James, Recognized International Corporate Governance Leader, Named Executive Director

“At no time in history have international governance and regulation been more important to the business, government and public sector than they are today,” said Neil S. Braun, Dean of the Lubin School of Business, in announcing Pace’s new Center for Global Governance, Reporting and Regulation. John Alan James (pictured), an international expert on how corporations are governed, has been named the center’s inaugural executive director. James has over 40 years of experience as an author and consultant in Europe, Asia and the U.S., and as an instructor at leading European business schools such as INSEAD and IMD.

Pace University Establishes Center for Global Governance, Reporting and Regulation

 John Alan James, Recognized International Corporate Governance Leader, Named Executive Director

“Future Business Leaders Must Be Prepared for a Global Regulatory Labyrinth,” Says Neil S. Braun, Dean of the Lubin School of Business

Offers Certified Compliance and Regulatory Professional Certificate – Classes Begin February 2, 2012 

NEW YORK, NY, January 23, 2012 – At a time when European financial uncertainty is underscoring the impact of international businesses and economies on the U.S., the Lubin School of Business at Pace University has established a Center for Global Governance, Reporting and Regulation.

John Alan (Jack) James, a Lubin professor and major proponent of the teaching of comparative corporate governance, has been named the center’s inaugural executive director. James brings the center over 40 years of experience as an author and consultant in Europe, Asia and the U.S., and as an instructor at leading European business schools including INSEAD (Institut Européen d’Administration des Affaires, near Paris), CEI (Centre d’Etudes Industrielles in Geneva, Switzerland), IMD (International Institute for Management Development in Lausanne, Switzerland), and the Northwestern Kellogg European Management Program (Lausanne).  In the United States, he has been a guest lecturer at The Wharton School of the University of Pennsylvania, Cornell and Northwestern.   

Beginning February 2, the new Lubin center is offering a six-month program leading to a new Certified Compliance and Regulatory Professional (CCRP™) certificate.  The center also is planned to be an academic setting for professional organizations, business leaders and policymakers to exchange views on key issues facing world economies. It will provide thought leadership on current and emerging issues, conducting independent research and disseminating the findings, sponsoring guest speakers, hosting special events and participating in academic and industry conferences.

“At no time in history have international governance and regulation been more important to the business, government and public sector than they are  today,” said Neil S. Braun, the former President of the NBC Television Network and Chairman of Viacom Entertainment who is Lubin’s dean.

“Changes in the already-complex regulatory system are occurring daily in nations around the world,” Braun added. “The European Union is requiring new and tighter regulations, and the meetings of the G-20, the IMF and the Bank for International Settlements, Basel, are introducing numerous new ideas for achieving convergence and establishing a level playing field across the globe. Future business leaders must be prepared for a global regulatory labyrinth, and Lubin is building upon its track record in teaching comparative governance.”

James, an international expert on how corporations are governed, founded Management Counsellors International, S.A., a Belgian corporation, where he advised clients including 50 of the U.S. Fortune 100 major multinational corporations and foreign companies like Fiat, Henkel and Siemens on market entry strategies and operating in “foreign” regulatory environments. He is also the author of over 80 articles and 52 publications.  These include what are believed to be the first publications in English on how corporations are governed in Europe, detailing the stakeholder/workers’ voice approach used by all countries outside the U.S. and the British Commonwealth. 

Recalls James, “These loose-leaf text books were published in a series of three constantly updated versions entitled Company Law and Governance, Labor Law and Industrial Relations, and Employment Law and issued by my own publishing company in Brussels, which in 1979 was sold to Management Centre Europe, the European headquarters of the American Management Association. These ‘best-sellers’ became an important source of information for firms investing in Europe and a basis for integrating governance policies and regulations at the level of the European Commission (EC) — the executive body of the European Union (EU) — and national governments.” 

The new center’s first instructional program, a collaborative venture with the Association of International Bank Auditors (AIBA), leads to a certificate as a Certified Compliance and Regulatory Professional or CCRP™.  The comprehensive six-month, 75-hour, 25-session course — www.pace.edu/lubin/ccrp — will provide intensive regulatory strategy and compliance training to professionals in global financial services. The first students will include AIBA internal audit, compliance and internal control employees from the association’s membership in nearly 100 branches and agencies of foreign banks doing business in the United States.

James said developing the new CCRP™ program took four professors and eight industry professionals nearly 1,000 hours, adding that it is “the first collaboration by the AIBA with an academic partner.” 

International governance expert, author and global educator

James began his management consulting career with Hewitt Associates in Chicago and McKinsey & Co. in New York City. While consulting in Europe, from 1976 to 1980, he was appointed by Governor Ella Grasso as the State of Connecticut’s first Director of International Business and Economic Development, a part-time position. His activities resulted in moves of a dozen major European firms to build important subsidiaries in the state.

A frequent guest lecturer at business meetings around the world, James co-chaired the first UN conference on multinational companies and multinational trade unions at the International Labour Organization in ILO in Geneva in 1978. He was also an early contributor to the functions of the European Management Forum, now the World Economic Forum (WEF), in Davos.

A resident of Fairfield County, Connecticut, James earned his bachelor’s degree in political science from Northwestern University and an MBA from the University of Chicago’s Booth School of Business. In 2003, James joined Lubin as a Professor of Management, creating one of the first graduate business school courses in Comparative Corporate Governance Systems.  He also teaches a course on Regulatory Strategy.

In recent years he has been quoted as an expert source on corporate governance and regulation in such business publications as The Wall Street Journal, Financial Times and Investor’s Business.

Evolution from accounting standards

The new Center for Global Governance, Reporting and Regulation is an outgrowth of Lubin’s Center for the Study of International Accounting Standards, itself an outgrowth of Lubin’s 105-year record as a leader in the teaching of accounting.

The earlier Center sponsored major conferences between 2008 and 2010 on the impending convergence of U.S. and international accounting standards, and developed curriculum segments for Lubin courses on the global spread of such standards. That, in turn, led to a realization that knowledge of international reporting standards alone is not sufficient in the current business environment and that grounding in governance and regulatory compliance also is essential.

“This is one of the essential expertises of the future,” James underscored.

About the Lubin School of Business at Pace University: Globally recognized and prestigiously accredited, the Lubin School of Business integrates New York City’s business world into the experienced-based education of its students at Pace’s suburban and downtown campuses, implemented by the region’s largest co-op program, team-based learning, and customized career guidance. Its programs are designed to launch success-oriented graduates toward upwardly mobile careers.  www.pace.edu/lubin

About Pace University: For 105 years Pace has produced thinking professionals by providing high quality education for the professions on a firm base of liberal learning amid the advantages of the New York metropolitan area. A private university, Pace has campuses in New York City and Westchester County, New York, enrolling nearly 13,000 students in bachelor’s, master’s, and doctoral programs in its Lubin School of Business, Dyson College of Arts and Sciences, College of Health Professions, School of Education, School of Law, and Seidenberg School of Computer Science and Information Systems. www.pace.edu.

About The Association of International Bank Auditors (AIBA): The AIBA membership consists of internal audit, compliance and internal control professionals of nearly 100 U.S. branches and agencies of foreign banks.  The mission of the AIBA is to foster the professional standing of its members by increasing their knowledge and capacities to carry out their responsibilities with respect to international banking.

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Pace Media Contact: Samuella Becker, sbecker2@pace.edu; 212-346-1637 (office) or 917-734-5172 (mobile)

CCRPTM Program Contact: BrianPew, bpew@pace.edu; 212-618-6444

AccountingToday.com: “Lubin School, AIBA to Offer Compliance & Regulatory Certificate”

Pace University’s Lubin School of Business and the Association of International Bank Auditors have teamed up to offer a Certified Compliance and Regulatory Professional (CCRP™) certificate program for professionals working in the global financial services industry.

AccountingToday.com reports that the Certified Compliance and Regulatory Professional (CCRP™) program will be the first course offered in the Lubin School’s new Center for Global Governance, Reporting and Regulation, which will focus on international accounting standards and corporate management.

“The complexity of world markets and diverse political systems means managing international business activities is both more important and more difficult than ever,” said Neil S. Braun, dean of the Lubin School of Business and a former president of the NBC Television Network and CEO of Viacom Entertainment. “It has become evident that planning and execution are as important in matters of risk management and regulatory compliance as they are in the traditional business disciplines. The CCRP™ will provide the analytical framework to enhance management’s ability to anticipate and address a fast changing and increasingly regulated world with specific focus on the international banking industry.”

CCRP™ classes begin Jan. 19, 2012. Course details and registration information are available here.

NEWS RELEASE: The Lubin School of Business at Pace University and the Association of International Bank Auditors Launch Joint Six-Month, 25-Session Certified Compliance and Regulatory Professional (CCRP™) Certificate Program

“We are very excited to partner with Pace’s Lubin School of Business, a leader in advanced management education, in offering this unique Certified Compliance and Regulatory Professional (CCRP™) certificate program to provide intensive regulatory risk management training for industry professionals,” said Steven Lewis, Chairman of the Association of International Bank Auditors (AIBA). Classes begin January 19, 2012.

Classes Begin January 19, 2012

NEW YORK, NY, December 2, 2011 – The Lubin School of Business at Pace University has formed a strategic alliance with the Association of International Bank Auditors (AIBA) to offer a Certified Compliance and Regulatory Professional (CCRP) certificate program targeting professionals working in the global financial services industry, including AIBA’s internal audit, compliance and internal control members representing nearly 100 branches and agencies of foreign banks. 

The CCRP™ Program will be the inaugural course offered in the new Center for Global Governance, Reporting and Regulation at Lubin, which will develop and apply knowledge growing out of the business school’s years of experience with international accounting standards and corporate management. CCRP™ classes begin January 19, 2012, and run Thursday evenings at Pace University’s Midtown Center in the landmark Fred French Building at 551 Fifth Avenue between 45th and 46th Streets. Course details and registration information are at www.pace.edu/lubin/ccrp.

“The complexity of world markets and diverse political systems means managing international business activities is both more important and more difficult than ever,” said Neil S. Braun, Dean of the Lubin School of Business and former President of the NBC Television Network and CEO of Viacom Entertainment. “It has become evident that planning and execution are as important in matters of risk management and regulatory compliance as they are in the traditional business disciplines. The CCRP™ will provide the analytical framework to enhance management’s ability to anticipate and address a fast changing and increasingly regulated world with specific focus on the international banking industry.”

“We are very excited to partner with Pace’s Lubin School of Business, a leader in advanced management education, in offering this unique program to provide intensive regulatory risk management training for industry professionals,” said Steven Lewis, Chairman of the AIBA.

Among the reasons the industry needs a certification from a well-recognized and highly respected business school such as Lubin, combined with a well-known industry audit and compliance association such as AIBA to administer a value-added certification, are: 

  • Financial institutions are facing an increased regulatory burden both in the U.S. and abroad. Furthermore, the pace of regulatory changes is increasing dramatically.
  • The regulatory compliance market requires a significant set of skills, equaling what is needed in the accounting, finance and legal space.
  • Existing certifications simply do not offer enough depth in their programs to allow the student to possess the knowledge to make an impact in the workforce.
  • Ongoing retraining in this ever-changing environment is critical and must be professionally administered. 

Who Will Benefit 

The Lubin/AIBA CCRP™ Program is designed for all banking professionals who seek a solid understanding of the growing significance of regulation and the need for compliance, including: 

  • Regulators and compliance professionals
  • Attorneys
  • Internal Auditors
  • Risk Decision Makers
  • Accounting and Operational Management

Curriculum  

Course One: Corporate Governance in Financial Institutions

  • Course Introduction and Corporate Governance in the International Banking Industry (1/19/12)
  • Corporate Governance & Compliance: Overview of Key Statutes and Regulatory Agencies (1/26/12)
  • Enterprise Risk Management (ERM) – External Governance vs. Internal Governance – The Role of the Board of Directors, the Audit Committee, and All Levels of Management (2/2/12)
  • Compliance Risk Management (CRM) and How ERM Affects All Levels of Bank Management (2/9/12)
  • ERM and the Role of Audit (2/16/12)
  • Operational Risk and Compliance Management (2/23/12)
  • Comparing Similarities of the U.S. Regulatory System with Other Key Countries (3/1/12)
  • Summary Session and Course Exam Preparation (3/8/12)

NO CLASS/Spring Break – Take-Home Exam due 3/15/12

Course Two: Regulatory Affairs within International Banking

  • Course Introduction and Regulatory Landscape (3/22/12)
  • Role of Compliance within the Firm (3/29/11)
  • Compliance Risk Assessment – Understanding Key Risk Factors of Complying with Statutes and Regulations to Determine the Risk Level Posed to an International Bank – How Do We Test and Monitor Compliance with Statutes and Regulations Based on Risk? (4/5/12)
  • Key Statutes and Regulations Session I – Anti-Money Laundering (AML) and Anti-Terrorist Financing (ATF) – Bank Secrecy Act (BSA) / USA PATRIOT Act of 2001, Part 1 (4/12/12)
  • Key Statutes and Regulations Session II – Anti-Money Laundering (AML) and Anti-Terrorist Financing (ATF) – Bank Secrecy Act (BSA) / USA PATRIOT Act of 2001, Part 2 – U.S. Money Laundering Prevention and Terrorist Financing Directives  vs. the European Union Money Laundering Prevention and Terrorist ML & Financing Directives (4/19/12)
  • Key Statutes and Regulations Session III – Introduction to Project Work/Mentors Introduced  (4/26/12)
  • Role of Technology in Establishing Proper Compliance Programs (5/3/12)

Course Three: Developing and Managing a Banking Compliance Program

  • Course Introduction and Establishing Compliance Policies and Procedures – Reference Manuals to Use as Resource Material – Developing a Compliance Manual – Key Elements for Writing an Effective and Comprehensive Compliance Policy – Key Elements for Writing an Effective and Comprehensive Compliance Procedure – Incorporating  Head Office Policies into U.S. Policies – Continuation of Project Work – Individual Team Project Themes to be submitted (5/10/12)
  • Establishing Compliance Policies & Procedures II – Continuation of Project Work/Creating Specific Policies & Procedures (5/17/12) 
  • Establishing Compliance Policies & Procedures III – Continuation of Project Work (5/24/12)
  • Preparation and Conduct during a Regulatory Examination (5/31/12)
  • Delivery of Preliminary Reports by Project Working Groups with Mentors (6/7/12)
  • Enforcement Actions (6/14/12)
  • Presentation of Final Project Report, Written & Oral, to Board with Mentors (6/21/12)
  • Final Examination Preparation (6/28/12)
  • NO CLASS/Fourth of July Weekend (7/5/12)
  • Final Examination (7/12/12)

For roughly the last third of the program, each student will participate in a practical project, mentored by experienced practitioners.

Faculty

A combination of distinguished academics and seasoned compliance and regulatory professionals has developed the curriculum and will be teaching the classes, enriched by guest speakers from relevant industries. 

The CCRP™ certificate will be awarded to those participants who successfully complete the program in a continuous six-month period and pass the CCRP™ exam. While weekly attendance is strongly encouraged, lectures will be videotaped and archived online for later viewing if occasional business travel takes a student out of town.

Tuition

$2,500 per CCRP™ Program Course and a $400 fee for administration of the CCRP™ Certification Examination. Each CCRP™ Program Participant will also be responsible for an application fee of $70. CCRP™ Program Participants will be personally responsible for the cost of textbooks and other CCRP™ Program Course related materials.

About The Center for Global Governance, Reporting and Regulation (CGGRR) at Lubin

CGGRR sponsors research and discussion on the development and implementation of global financial reporting standards, regulatory compliance and governance.  It also develops programs to develop proficiencies and expertise in these areas and hosts conferences and events on relevant topics featuring leaders in these fields. CGGRR originated as the Center for the Study of International Accounting Standards, and evolved into its current iteration as a natural progression. Reporting standards alone are not sufficient in the current global business environment; governance and regulatory compliance are essential in international business.

About the Lubin School of Business and Pace University

Founded in 1906, Pace University has nearly 13,000 students across six schools. Globally recognized and prestigiously accredited, the Lubin School of Business integrates New York City’s business world into the experienced-based education of its students at both the suburban and downtown campuses, implemented by the region’s largest co-op program, team-based learning, and customized career guidance—all designed to launch success-oriented graduates toward upwardly mobile careers.  www.pace.edu/lubin

About The Association of International Bank Auditors (AIBA): The AIBA membership consists of internal audit, compliance and internal control professionals of nearly 100 branches and agencies of foreign banks.  The mission of the AIBA is to foster the professional standing of its members by increasing their knowledge and capacities to carry out their responsibilities with respect to international banking.

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 Pace Media Contact: Samuella Becker, sbecker2@pace.edu; 212-346-1637 (office) or 917-734-5172 (mobile)

 CCRP™ Program Contact: BrianPew, bpew@pace.edu; 212-618-6444

NEWS RELEASE: Lubin Maintains Dual AACSB Accreditation, An Elite Distinction Shared by Fewer than 2% of World’s Business Schools

AACSB International lauds Lubin’s strengths: “Student-focused; experience-based learning; financial capital location; small classes; culture of collegiality; strong loyalty and program satisfaction among students and alumni; faculty commitment to students; jobs at graduation – recent placement rates for BBA/MBA program approach 100%.”

FOR IMMEDIATE RELEASE

Media Contact/Pace Media Relations: Samuella Becker, 212-346-1637 or 917-734-5172, Sbecker2@pace.edu

Pace University’s Lubin School of Business Achieves Prestigious Maintenance of Dual Accreditation

 Elite Distinction from AACSB is Shared by Fewer than 2% of World’s 13,000 Business Schools

 Is One of Three New York City B-Schools with Dual Accreditation in Business and Accounting

AACSB International lauds Lubin’s strengths: “Student-focused; experience-based learning; financial capital location; small classes; culture of collegiality; strong loyalty and program satisfaction among students and alumni; faculty commitment to students; jobs at graduation – recent placement rates for BBA/MBA program approach 100%.”

NEW YORK, January 18, 2011 – Pace University’s Lubin School of Business has successfully maintained its dual accreditation for another five years from AACSB International, the Association to Advance Collegiate Schools of Business. This accreditation is the hallmark of excellence for management education.

“It is more important than ever to be worldly and highly proficient in the analysis and skills necessary to compete in a fast changing and tumultuous global economy,” said Neil S. Braun, Dean of the Lubin School of Business, who is a former NBC Television Network President and CEO of Viacom Entertainment.

“Being among the very select group of business schools in the world that have earned dual AACSB accreditation,” he added, “is testimony to Lubin’s commitment to excellence in preparing our students for the world into which they will graduate.”

AACSB-accredited business schools have the highest-quality classes, teachers, research, students and programs. Less than two percent of the world’s almost 13,000 business schools have achieved dual business and accounting accreditation from AACSB, and this prestigious endorsement places Lubin in an elite class. According to an AACSB International press release issued January 6, 2011,  Lubin is one of 47 schools that have maintained their accreditation in business and one of nine who have maintained their accreditation in accounting this year. Lubin is one of only three New York City business schools with dual AACSB accreditation.

Student Centered

In its recommendation, the AACSB review team lauded the ways Lubin “successfully fulfills the succinctly stated student-centric mission.”

Specificially, the report said: “There is a strong faculty engagement and outreach to prospective employers and a focus on experience-based learning. …. In spite of having multiple campus locations, the faculty and staff have been very proactive in serving the needs of students at both the graduate and undergraduate levels and providing a high level of personal attention. For example, program advisers and career advisers on all campuses work well together to ensure a seamless interface regardless of location. Faculty members take their teaching seriously … Class sizes remain generally between 26 and 29.” The report also cited Lubin’s Assurance of Learning process as “exemplary.”

AACSB International accreditation assures stakeholders that business schools:

  • Manage resources to achieve a vibrant and relevant mission.
  • Advance business and management knowledge through faculty scholarship.
  • Provide high-caliber teaching of quality and current curricula.
  • Cultivate meaningful interaction between students and a qualified faculty.
  • Produce graduates who have achieved specified learning goals.

“It takes a great deal of commitment and determination to earn AACSB accreditation,” said Jerry Trapnell, executive vice president and chief accreditation officer of AACSB International. “Schools must not only meet specific standards of excellence, but their deans, faculties and staffs must make a commitment to ongoing improvement to ensure that the institution will continue to deliver high quality education to students.”

About The Lubin School of Business at Pace University

Lubin is the second largest private AACSB-accredited business school in New York and the seventh largest private AACSB-accredited business school in the country. Lubin first earned AACSB accreditation in 1996 and the accounting department followed in 2006.   Lubin is one of six schools and colleges within Pace University.  It offers ten undergraduate majors and 18 graduate degree programs in business.  Current enrollment is 2,820 undergraduates and 1,157 graduate students.  The school is named for Joseph I. Lubin, an alumnus and benefactor who co-founded the nationwide accounting firm of Eisner Lubin.

Anchored on a strong liberal arts foundation, undergraduate BBA students can major in accounting, finance, marketing, and management, and choose concentrations in entrepreneurship, hospitality and tourism, human resources management, international management, and many others. Lubin’s graduate programs offer a wide range of MBA, EMBA, BBA/MBA, MS, MFP and DPS programs on either a full-time or part-time basis.

Lubin’s mission is to provide its students with exceptional experienced-based learning that blends business theory with practical applications to prepare its graduates for successful professional careers in the global business environment. Lubin has a large and diverse international student population, with 672 students representing 75 countries.

Physical proximity of Pace’s New York campus to Wall Street and of its Westchester campuses to many nearby corporate headquarters facilitates strong corporate partnerships. Pace’s Career Services Program, with 927 students participating annually in internships (almost 700 from the Lubin School), is the largest university co-op program in the New York metropolitan area.

Notable Lubin alumni include Phil Bleser, Managing Director and CEO, Mid-Corporate Banking Group, JPMorgan Chase & Co.; Paul A. Galiano, Senior Managing Director (Co-Acquisitions, Dispositions, Capital Markets, JV Transactions), Tishman Speyer; Mel Karmazin, CEO, Sirius Satellite Radio Inc.; William C. Nelson, Chairman and CEO, Home Box Office; David J. Pecker, Chairman, President and Chief Executive Officer of American Media, Inc; James E. Quinn, President, Tiffany & Co.; Jack Ribeiro, Global Managing Partner, Global Financial Services Industry, Deloitte & Touche USA LLP; Ivan G. Seidenberg, Chairman and CEO, Verizon Communications; Marie J. Toulantis, former CEO, Barnes & Noble.com; and Richard Zannino, Managing Director of CCMP Capital and former CEO, Dow Jones & Company.

About Pace University

For 104 years, Pace University has produced thinking professionals by providing high quality education for the professions on a firm base of liberal learning amid the advantages of the New York metropolitan area. A private university, Pace has campuses in New York City and Westchester County, New York, enrolling nearly 13,000 students in bachelor’s, master’s, and doctoral programs in its Lubin School of Business, Dyson College of Arts and Sciences, Lienhard School of Nursing, School of Education, School of Law, and Seidenberg School of Computer Science and Information Systems. www.pace.edu

About AACSB International

AACSB International (The Association to Advance Collegiate Schools of Business), founded in 1916, is an association of more than 1,200 educational institutions, businesses and other organizations in 78 countries. AACSB’s mission is to advance quality management education worldwide through accreditation, thought leadership, and value-added services. AACSB accreditation is the mark of quality distinction most widely sought after by business schools—less than 5 percent worldwide have earned the achievement. As the premier accrediting body for institutions offering undergraduate, master’s, and doctorate degrees in business and accounting, the association also conducts a wide array of conferences and seminar programs at locations throughout the world. AACSB’s global headquarters is located in Tampa, Florida, USA and its Asia headquarters is located in Singapore.

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