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College of Business and Economics

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About the College

CBE Accreditation

The College of Business and Economics (CBE) received its accreditation from the Association to Advance Collegiate Schools of Business (AACSB). AACSB is one of the most prestigious and rigorous accrediting bodies for business programs in higher education. Currently, less than one-third of US business programs and only five percent of the world's business programs have earned AACSB accreditation. Receipt of this distinguished accreditation provides evidence that the CBE of FSU has established itself as a leader among business schools.

Faculty Standards

AACSB Business Schools must comply with strict standards in regard to the use of full-time faculty members who are academically (possessing the PhD or JD) or professionally (a graduate degree and extensive managerial or executive experience) qualified. Faculty is required to engage in scholarly activities (e.g., discipline based research) and to interact with students both in and outside of the classroom.

Continuous Improvement

AACSB Business Schools are required to continually undergo curricular program review and revision and to introduce new programs that are designed to enhance the readiness of our student body for entry into our international and culturally diverse marketplace.

Benefits to Students

Companies are aware of Business Schools which hold AACSB accreditation. As such, AACSB accreditation can enhance opportunities for student participation in internships and cooperative programs as well as permanent job opportunities.

AACSB: Why It Matters to You

AACSB accreditation implies that a school is committed to constantly reviewing and improving itself, meeting the needs of students, investing in state-of-the-art facilities and technology, and offering a current and relevant education.

For more information on AACSB accrediting standards, visit the AACSB web site.
 

Mission

The College of Business and Economics at Fayetteville State University provides quality business programs to prepare students for careers in a changing global environment. Through excellence in teaching, supported by intellectual contributions and professional engagement, we advance the intellectual and career development of our diverse students population. The College also supports regional economic transformation by promoting entrepreneurial and economic education.

To accomplish the stated mission, the CBE has set forth the following strategic goals and objectives:

Goal 1: Develop high quality programs that serve the educational needs of the region, state, and nation

Objectives

1.1  Provide a relevant and progressive academic curriculum
1.2  Prepare students for professional certification in their field
1.3  Strengthen online education
1.4  Develop PhD in Entrepreneurship
1.5  Increase focus on globalization, developing a global mindset
1.6  Create interdisciplinary tracks to meet market needs
1.7  Involve students in public service activities and professional organizations/conferences
1.8  Strengthen P-12 teaching in business

Goal 2: Recruitment and Retention of Students

Objectives 

2.1  Increase retention and graduation rates
2.2  Improve the quality and level of advising
2.3  Increase geographical reach across the state to recruit high school students
2.4  Coordinate recruiting efforts across CBE
2.5  Make guest presentations at high schools
2.6  Improve CBE recruiting materials
2.7  Increase the number of relationships with community colleges
2.8  Increase recruiting of military students
2.9  Recruit current FSU students
2.10  Create scholarships specifically for business students 
2.11  Recruit through social networks 

Goal 3: Recruit, develop, and retain high quality faculty

Objectives

3.1  Recruit and retain faculty with sound pedagogical and research capabilities
3.2  Enhance the level and quality of faculty scholarly output
3.3  Maintain support for faculty participation in professional conferences  

Goal 4: Promote economic transformation in the region

Objectives

4.1 Develop programs that promote economic transformation in Southeastern North Carolina
4.2 Develop and support an entrepreneurial mindset in the community
4.3 Increase faculty service to the Southeast NC region

Goal 5: Build effective relationships and partnerships in the community

Objective

5.1 Build relationships with employers to help establish internship positions for students
5.2 Build relationships with employers through projects
5.3 Increase the involvement of external stakeholders in classroom activities
5.4 Improve relationships with community colleges

Goal 6: Enhance marketing of the CBE to increase stature

Objective

6.1  Increase the number of press releases
6.2  Publicize graduate successes
6.3  Increase online advertising                            
6.4  Develop a clear brand for CBE
6.5  Utilize other media outlets including FSU Communication Department
6.6  Position the CBE among competitors in the region


Our History

FSU began offering the Bachelor of Science in Business Administration degree in 1971 through the Division of Business and Economics, the precursor to the SBE. This was subsequently expanded to include the current majors, and in 1987 the MBA degree was added. Historical highlights over the past several years include:

  • 2016: SBE undergraduate team business plan earned 3rd place award in UNC system-wide Social Entrepreneurship Competition

  • 2015: Named as one of the best online MBA programs in the nation by US News and World Report and among the top 3 in North Carolina for Veterans 

  • 2015: The website Top Masters in Healthcare Administration named FSU one of the top 20 most affordable and selective colleges for Healthcare Management

  • 2015: Introduced a new minor in Healthcare Information Technology and a new concentration in Retail/Service Management

  • 2015: FSU graduate team's business plan earned a 1st place award in UNC's system-wide Social Entrepreneurship Competition; the SBE undergraduate team won 3rd place

  • 2014: Named by U.S. News and World Report as one of the best online MBA programs in nation

  • 2014: FSU undergraduate team business plan earned 3rd place award in UNC system-wide Social Entrepreneurship Competition

  • 2013: SBE team named a top 3 finalist in National Urban League national business case competition 

  • 2012: Maintenance of AACSB accreditation confirmed

  • 2012: Awarded $643,000 grant from U.S. Commerce Department to establish an Economic Development Administration (EDA) University Center for Economic Development 

  • 2012: SBE team won the national OFC Venture Challenge Business Plan Competition

  • 2012: SBE team named a top 3 finalist in National Urban League national business case competition 

  • 2012: FSU team earned 2nd place award in inaugural UNC system-wide Social Entrepreneurship Competition

  • 2012: Awarded over $600,000 from the U.S. Economic Development Administration to establish a University Center for Economic Development
     
  • 2011: Awarded over $367,000 from the U.S. Department of Agriculture to enhance the entrepreneurial capacity of small scale farmers in the region 

  • 2010: Awarded $137,000 from BRAC RTF to assess the economic impact of BRAC on disadvantaged populations in the 11 county BRAC region

  • 2010: SBE team won the national OFC Venture Challenge Business Plan Competition 

  • 2009: Awarded first of over $800,000 in grants to establish and maintain a Veterans Business Outreach Center
     
  • 2009: Awarded $50,000 from the U.S. Department of HHS, in collaboration with the Fayetteville Metropolitan Housing Authority, to assess the economic impact of the HOPE VI redevelopment initiative

  • 2009: BB&T funded a $1,030,000 endowment in the SBE to raise awareness of free enterprise and capitalism
     
  • 2009: SBE launched the annual Youth Entrepreneurship Conference, a very successful collaboration with Cumberland County Schools

  • 2009: SBE students won the Outstanding Product Award in their division at the Moot Corp Competition at the University of Texas at Austin

 

 

 

A Constituent Institution of The University of North Carolina