AIB College of Business to become the University of Iowa Des Moi - KWWL - Eastern Iowa Breaking News, Weather, Closings

AIB College of Business to become the University of Iowa Des Moines campus

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DES MOINES (KWWL) -

AIB College of Business announced it will become part of the University of Iowa campus.

While the transition is expected to take at least a year, the two school will immediately establish an integration team to get the process started. Eventually Iowa will own AIB's land and buildings, and AIB students will become Iowa students.

"The University of Iowa is honored to have been chosen to continue the legacy of AIB. This allows us to achieve an important goal of broadening our service to the greater Des Moines area," said University of Iowa President Sally Mason.

Founded in 1921, the school, originally located in downtown Des Moines, provided a variety of business training programs. Today, it also offers bachelor of science degrees in seven business-related majors. Fall 2014 enrollment at AIB was more than 1,000 students.

"AIB has always changed with the times, and becoming part of the University of Iowa allows us to maintain the commitment we made to our students and the surrounding region to always provide high quality educational opportunities in Des Moines," said Nancy A. Williams, president of AIB.

Iowa Board of Regents President Bruce Rastetter expressed his strong support for the integration.

"AIB has had a long tradition of working with the businesses in Des Moines and central Iowa and adapting to their changing needs. I'm excited that we will continue that tradition on this campus through the University of Iowa," Rastetter said.

Classes at AIB are held year-round, which provides the opportunity for full-time students to complete a bachelor's degree in less than three years.

"I know that our students, faculty, staff and alumni will have many questions but I can tell you both institutions are fully committed to keeping everyone well-informed during the integration and supporting students as they complete their degrees," Williams said.

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