SUNY Oneonta business degree programs have earned initial accreditation from AACSB International -- the Association to Advance Collegiate Schools of Business.
Fewer th one in 20 schools of business worldwide have earned this hallmark of excellence in management education, the association said on its website.
Wade Thomas, associate dean of economics and business at the State University College at Oneonta, said the newly accredited programs are among the college's most popular.
"This is fantastic news for the more than 500 students enrolled in our division's majors as well as for our 24 faculty members, whose dedication to excellence in instruction, scholarship and college service helped make this achievement possible," Thomas said in a media release from the college.
To achieve accreditation, the college's business program underwent a meticulous internal assessment, resulting in implementation of a plan to satisfy 21 quality standards, the college release said. Faculty qualifications, management of resources and interactions of faculty and students were addressed in the plan.
AACSB International, founded in 1916, includes educational institutions, businesses and other organizations in 78 countries. The association's mission is to advance quality management education worldwide, the release said.
"This is a proud moment for our college," SUNY Oneonta President Nancy Kleniewski said in the release.
"I am thrilled for Dr. Thomas, for our entire economics and business division faculty, and for our former Provost Dan Larkin, who was determined to earn this prestigious accreditation," she said. "Meeting the uncompromising standards of the AACSB affirms that SUNY Oneonta delivers a premier education across business disciplines."
Community Bank reports second-quarter results
Community Bank System, which earlier this year acquired Wilber Corp., reported second-quarter 2011 net income of $18 million, or 49 cents per share, an increase of 11.3 percent over $16.2 million reported for same period last year, a media release said.
The results included $3.6 million, or 7 cents per share, in acquisition expenses related to the purchase of Wilber Corp., parent company of Wilber National Bank, completed in April, the release said. Total revenue for the second quarter of 2011 was $76.9 million, an increase of $8.6 million, or 12.6 percent over the second quarter of last year.
"Our team is successfully integrating the former Wilber National Bank branch locations that mark our substantive entry into the eastern half of upstate New York," Mark E. Tryniski, president and chief executive officer of Community Bank (NYSE: CBU) said in the release. "This acquisition remains an exciting and significant opportunity to expand."
Schoharie chamber names award recipients
The Schoharie County Chamber of Commerce in Middleburgh has announced winners of business excellence awards for the sixth consecutive year, a media release said.
This year's categories and winners are: emerging business _ Jack Miller Tractor & Truck, Schoharie; non-profit organization _ Landis Arboretum, Esperance; family-owned business _ Scott & Kathy Kelley, Kelley Farm & Garden, Inc., Cobleskill; young entrepreneur _ Andrew Noble, Noble Ace Hardware, Cobleskill; and woman-owned business _ Angela Kogler, Upstate NY IT.
To be considered, candidates must be chamber members in good standing and have been in business at least three years, among other factors. The awards will be presented at the chamber's annual summer barbecue fundraiser at The Olde Tater Barn in Central Bridge on Aug. 24. Tickets cost $30 for members and $40 for the general public and may be reserved by calling the chamber at 827-3900.
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