An article in the Washington Business section of yesterday's editions stated incorrectly that George Washington University's business programs are not accredited. The undergraduate program has been accredited since 1977.

Howard University's school of Business and Public Adminstration has been granted accreditation for its masters's and undergradute programs, becoming the first in the District to receive such accreditation.

Accreditation of the program by the American Assembly of Collegiate Schools of Business June 12 means that Howard becomes the second business school in the Washington area to receive accreditation, after the University of Maryland Business College. The undergraduate programs at George Washington University remain unaccredited.

Milton Wilson, Howard's dean of the 10-year-old business school, said the accreditation team examined the entire academic environment last fall before granting approval. "The team looked at the financial resources, library books, quality of faculty, number of doctoral degrees, computer facilities, admissions requirments and administration," Wilson said.

With the accreditation of its master's program Howard joins the 153 of approximately 500 mba-granting schools and colleges nationwide with accredited master's degree programs, according to Eurnice Lang, AACSB accreditation coordinator.

The undergraduate program, which was evaluated and reaccredited simulataneously, is one of 64 of 1,100 accredited undergraduate programs nationwide, Lang said.

Edwin L. Carey, coordinator of the graduate programs at Howard, said that with accreditation the school can "attract the best and the brightest faculty and students."

Terry said that although the Howard master's program was relatively young -- six years -- it had been successful in placing its graduates in training positions as managers.

"Last May," he said, "we had graduates in the training program at Kodak, IBM, crocker Bank in San Franciso and Morgan Guaranty and trust."

Ninety students are enrolled in the two-year program, Wilson said.