The five-year accreditation, granted by the Chartered Association of Business Schools (CABS), recognises the School for helping to support Small and Medium Enterprises, local economies and student enterprise.
The School, which already held the accreditation, was reassessed to determine the effectiveness of its business support activity, enterprise education, small business research and engagement with the local economy.
During the assessment, the School was commended for its support of students wishing to start their own business during their placement year.
The Placement Year in Enterprise is run by staff in the School of Business and Economics and now supports 20 self-employed students across a variety of University Schools.
Dean of the School of Business and Economics, Professor Stewart Robinson, said: “Receiving the CABS SBC is a significant achievement and is recognised alongside AACSB, EQUIS and AMBA accreditations. We’re one of just 33 UK business schools to have achieved the award and we hope to build on our past success especially with local SMEs and start-up businesses.”