American Institute of Business
| Motto | "Ethical, productive, and engaged citizens." |
|---|---|
| Type | Not-for-profit Private University |
| Active | 1921–2016 |
| Address | PO Box 1392, Des Moines, IA 50305, [Des Moines]], Iowa, USA |
| Campus | Urban |
| Colors | Blue, Red, White |
| Nickname | Eagles |
| Affiliations | University of Iowa |
| Mascot | E.O. the Eagle |
| Website | aibcollegedsm.com |
Coordinates: 41°33′45″N 93°38′44″W / 41.56238°N 93.645424°W
AIB College of Business was an accredited, independent, nonprofit, baccalaureate college of business located in Des Moines, Iowa, in the United States. The college closed on June 30, 2016, after 95 years and gifted its property to the State of Iowa, Board of Regents. The campus is now operated by the University of Iowa and has been named the Iowa Center of Higher Education. Former students and graduates of American Institute of Business, aka AIB College of Business needing a copy of their AIB transcripts may obtain copies by contacting the Office of the Registrar at the University of Iowa, phone: 319-335-0229. Email: registrar-transcripts@uiowa.edu. Former students desiring to obtain a copy of their student counseling records maintained by AIB College of Business (during the period from May 30, 2009, through May 30, 2016), should contact University Counseling Services at the University of Iowa, phone: 319-335-7294, or Email: ucs@uiowa.edu.
American Institute of Business was founded in 1921 by Everett O. Fenton and Ray Hansen. The institution was first located at the Victoria Hotel on Sixth Avenue in Des Moines. In 1935, AIB moved to Tenth Street and Grand Avenue, the heart of the downtown business district. It educated students at that location for 37 years. In 1941, the college was reorganized as a nonprofit. In 1957, Keith Fenton became AIB's second president. In 1986, AIB became accredited with the North Central Association of Colleges and Schools Commission on Institutions of Higher Education. In 1998, Keith Fenton retired as president of AIB after 42 years of service. The Administration Building was renamed the Keith Fenton Administration Building. In 1999, Nancy Williams was elected president of AIB after 17 years with the College. In 2000, the college changed its name from American Institute of Business to AIB College of Business to better reflect its mission and purpose.
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