Business Education has always been a fundamental aspect of Pacific Lutheran University. In 1898, the year of the first graduation, the institution changed its name to Pacific Lutheran Academy and Business College to best reflect its academic focus. The first graduation consisted of two female students, one from the Academy and the other from the Business College.
Throughout the history of Pacific Lutheran University, the business programs have upheld their quality and commitment to education. In 1971, The School of Business at PLU received accreditation by the AACSB, joining the standards of business programs at Harvard, Stanford, UC Berkeley, Boston University, and 140 of the top business programs in the world. The School of Business has maintained continuous accreditation since 1971.