The Jerry S. Rawls College of Business at Texas Tech University is accredited by the Association to Advance Collegiate Schools (AACSB). Founded in 1916, AACSB is the longest serving global accrediting body for business schools that offer undergraduate, master's and doctoral degrees in business and accounting. There are 910 business schools in 58 countries and territories that maintain AACSB accreditation, which is widely considered a hallmark of excellence in business education. Rawls College first achieved undergraduate accreditation in 1958, masters degree accreditation in 1981, and special accounting accreditation in 1982.