The College of Business is the business school at East Carolina University. It houses both undergraduate and graduate students. The school was founded in 1936. It was originally accredited by the Association to Advance Collegiate Schools of Business in 1967. The Graduate School was original accredited in 1976 by the same association. East Carolina is one of 10 accredited in North Carolina out of 23 N.C. business schools. It is a part of the GMAC governing body. East Carolina has the second oldest business school in North Carolina.