 The college is named after 1949 graduate Henry B. Tippie, marking the first academic division at the University of Iowa to be named after an alumnus.The college is located in the Pappajohn Business Building, which is named after 1952 graduate Des Moines venture capitalist John Pappajohn.Since 1923, the college has held the gold standard of accreditation, the Association to Advance Collegiate Schools of Business (AACSB).