The Business/Industry Relations Committee studies changes and trends in business practices
and makes recommendations to member institutions concerning the improvement of the
business curriculum and to the Council regarding standards appropriate to ensuring
improvement in business education. The Committee also promotes ACBSP as a major source
of expertise in business education to its member institutions, assists member institutions in
establishing advisory boards or councils, and acts as a clearinghouse for business and
government internships for students and faculty of ACBSP member institutions.
The Business and Industry Relations Committee was first mentioned in 1992 by the Board of
Directors as one of five operating committees. Its initial project was the creation of a National
Business Education Advisory Board. The Committee was also tasked with the responsibility of
making recommendations to the Board of Directors for the annual Business Leader Hall of
The Committee’s focus remained on developing relationships with business and industry,
including SIFE, internships, and business partners for ACBSP. In 2003, the Committee
worked to raise funds from businesses to assist with ACBSP debt and provide a revenue
source beyond memberships. In 2005, the Committee transitioned away from this fund-raising
and began identifying what industry wants from students and developing an industry
Notable projects of the Business/Industry Relations Committee have included:
The Committee also plans the Business Advisory Council track for the Annual Conference
and selects a keynote speaker. The Committee will be developing a Business Advisory
Council Resource Kit for member institutions as well as developing and distributing a Skills
Gap Survey for use in understanding how students can meet the skills needs of industry.
There are plans to renew discussions regarding the development of the Business Advisory
Council for ACBSP to begin in 2015.
The Committee welcomes members from all regions who are interested in investigating,
developing, and promoting relationships between industry and academic business programs.
Committee members are expected to participate in regularly scheduled conference calls.