SOURCE: New England College of Business and Finance

New England College of Business and Finance

April 15, 2010 18:09 ET

Accreditation Granted for All Online Degree Programs at New England College of Business and Finance

Online Bachelor's in Business Administration, Master's in Finance, and Master's in Business Ethics and Compliance Now Included Under Existing Accreditation

BOSTON, MA--(Marketwire - April 15, 2010) -  New England College of Business and Finance (NECB), a Boston-based college that offers high-quality, business-focused online degree programs, now has three new online degree programs included under its existing New England Association of Schools and Colleges (NEASC) accreditation. The Commission on Institutions of Higher Education voted in March to include NECB's new online Bachelor of Science in Business Administration (BSBA), its online Master of Science in Finance (MSF), and its online Master of Science in Business Ethics and Compliance (MBE) under the College's existing NEASC accreditation.

New program accreditation is a three step process in Massachusetts. First, a new program must be licensed by the Department of Higher Education. Then, a proposal to implement the new program is reviewed by NEASC and approved by a larger body called the Commission on Institutions of Higher Education (CIHE). Once the implementation plan is approved, the college is permitted to promote the program and enroll students. Before students graduate, an accreditation review team conducts an on-site visit to verify that the program meets the quality and rigor of regional accreditation standards. After reviewing a detailed report of the new program review, the CIHE votes to approve accreditation under the college's existing accreditation umbrella. Ultimately, all students graduate from an accredited program. 

The fully online Bachelor's in Business Administration (BSBA), Master's in Finance (MSF), and Master's in Business Ethics and Compliance (MBE) degree programs were implemented at the New England College of Business and Finance in January 2009. The NEASC accreditation review team met in October 2009 with students enrolled in the new degree programs. The accreditation team reported that "there is a high level of student satisfaction with the three new degree programs," and that "the College has committed and highly qualified administrators, faculty and staff." 

New England College of Business and Finance was originally established in 1909 as the Boston Banking Institute. It served with the mission of "bankers training bankers." By 1985, it had evolved into an accredited degree-granting institution providing associate degrees and professional certificates to employees of New England's banking and financial services industry. Today, NECB is a contemporary and progressive online College steeped in over 100 years of tradition and history. NECB offers relevant, affordable, and accessible undergraduate and graduate degrees online to adult learners throughout the country. As of March 4, 2010, all of NECB's degree programs are recognized by the country's oldest regional accreditation body: New England Association of Schools and Colleges (NEASC). 

New England College of Business offers engaging online business degree programs at the associate's, bachelor's, and master's levels. The online courses include a variety of online student support services and a robust online library that now includes access to the Boston Regional Library System. To learn about a unique opportunity to earn a $500 or $1,000 scholarship by enrolling by July 5th, visit www.necb.edu/2010 or call 1-800-997-1673. 

ABOUT NEW ENGLAND COLLEGE OF BUSINESS AND FINANCE
Founded in 1909, New England College of Business and Finance (NECB) is a leading Boston institution offering quality education and degrees at the undergraduate and graduate levels. NECB empowers students with skills and expert knowledge taught by seasoned business leaders and research faculty, using state-of-the-art online courses. Serving students across the United States, NECB is accredited by the New England Association of Schools and Colleges (NEASC), and is licensed by the Massachusetts Department of Higher Education. Online enrollments in the U.S. are growing at rates far in excess of the total higher education student population, with no signs of slowing, according to a recent national report by the Babson Survey Research Group. For information or to enroll in NECB, visit www.necb.edu or call 1-800-997-1673.

Contact Information

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