Ming Chuan University (MCU), formerly a commercial college for women, was founded in 1957. In 1997, the College was promoted to university status by the Taiwan Ministry of Education. The University currently has 11 Schools with a student population just over 20,000 and around 570 full-time faculty members. MCU is known for its devotion to education and caring for students. In 2010, MCU was accredited by MSCHE, and re-accredited in 2016. It is the only U.S.-accredited university in Asia. In 2020, the University ranked 10th among all private universities for “most preferred graduates” by the top 3000 enterprises in Taiwan. For the past almost ten years, MCU has been receiving funding from MOE’s Program for Teaching Excellence and MOE’s Higher Education Sprout Project, which award only the top 20 percent of private universities.
The School of Management (SOM) is the largest school in MCU, consisting of five departments: Business Administration, International Business, Finance, Accounting, and Risk Management and Insurance. The School offers programs at the undergraduate, full-time and part-time MBAs, EMBA, Specialized Master, and doctoral levels. SOM currently has around 4300 students and 120 full-time faculty members. In 2017, SOM won AACSB Accreditation, which was earned by less than five percent of the world's business schools.