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AACSB INTERNATIONAL Global Accreditation-Getting Started

AACSB INTERNATIONAL Global Accreditation-Getting Started. James M. Daley Rockhurst University Karel Soudan University of Antwerp Joseph M. Phillips Albers School of Business and Economics Seattle University July 17, 2011. The Mission of AACSB International.

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AACSB INTERNATIONAL Global Accreditation-Getting Started

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  1. AACSB INTERNATIONALGlobal Accreditation-Getting Started James M. DaleyRockhurst University Karel SoudanUniversity of Antwerp Joseph M. Phillips Albers School of Business and Economics Seattle University July 17, 2011

  2. The Mission of AACSB International AACSB International advances quality management education worldwide through accreditation, thought leadership, and value-added services.

  3. The AACSB Network • 1208 member business schools in 77 countries and territories • 620 accredited schools in 38 countries and territories (less than 5% of the schools offering business degrees worldwide) • 177 accredited accounting programs in 5 countries • 55 corporate/foundation/non-profit members • Estimated 14 billion USD combined operating budget, averaging 20.6 million USD per school* • Over 55,000 full-time equivalent (FTE) faculty and more than 1.5 million enrolled students* *Based on the 698 respondents to the 2009-10 Business School Questionnaire.

  4. The World of Management Education

  5. Global Accreditation AACSB (607) EQUIS / EPAS (164) Total = 770 49(6.4%) 30(3.9%) 48(6.2%) 37(4.8%) 521 (67.7%) 8 (1%) 77(10.0%) AMBA(170) Source: AACSB analysis of publicly available data as of 31 March, 2011 5

  6. The Value of AACSB International Accreditation • Aspires to be the highest standard for business schools worldwide • A voluntary commitment to quality and continuous improvement • Rigorous self-assessment and comprehensive peer review

  7. AACSB International Accreditation Ensures a Business School: • Manages resources to achieve a vibrant and relevant mission • Advances management knowledge through faculty scholarship • Provides quality teaching and current curricula • Earns recognition for excellence joining AACSB accredited business schools that are among the best in the world (less than 5% of world’s business schools are AACSB accredited)

  8. AACSB International Accreditation Ensures a School: • Cultivates meaningful interaction between students and a qualified faculty • Produces graduates who have achieved specified learning goals • Makes a statement to external communities about your commitment to quality and continuous improvement

  9. Other Benefits of Accreditation • Benchmarking Data • Information on trends in business education • Access to good ideas • Networking with other schools

  10. Once you have it, then what?? • No one wants to lose it • Use to build in a discipline around key areas of: • Strategic planning • Assurance of learning • Faculty qualifications

  11. Strategic Planning • Initiate a new planning process every three years or so • Large, inclusive group • Update annually • Track progress annually • Maintenance Reports were a good tool for that • Institute something similar

  12. Assurance of Learning • Have a plan that lays out what will be done each year • Track that on an annual basis • Report back to the faculty on an annual basis • In the US, regional accrediting bodies are also expecting this

  13. Faculty Qualifications • Track AQ/PQ and Participating/Supporting coverage for each academic session, including simulations on planned schedules • Report results to faculty and Chief Academic Officer • Leverage to ensure sufficient faculty resources • No Chief Academic Officer wants Continuing Review or accreditation lost on his/her watch

  14. Faculty Qualifications • Manage the AQ to the 50% undergrad / 70%(?) grad level • AQ/PQ Definition • Get faculty to work together on scholarship • Part-time (adjunct) faculty can be “participating” with appropriate activities supporting the school outside of teaching • Participating/Supporting Definition

  15. Promote Your Accreditation • Place seal on all publications and materials. • Make it clear on your website. • AACSB wants you to, and its good for you, particularly outside of the US where it is less common. • AACSB accreditation brings immediate credibility with global partners, certainly those in the US.

  16. Keep Your Finger on the AACSB Pulse • Need to stay current with what is happening at AACSB. • Someone needs to attend a regional, annual, or deans’ meeting each year. • Don’t go 3-4 years not worrying about AACSB. • Send faculty and other administrators to occasional meetings so they learn for themselves – “AACSB Succession Planning”

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