Presentation on theme: "AACSB INTERNATIONAL Global Accreditation-Getting Started"— Presentation transcript:
1 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
2 The Mission of AACSB International AACSB International advances quality management education worldwide through accreditation, thought leadership, and value-added services.
3 The AACSB Network1208 member business schools in 77 countries and territories620 accredited schools in 38 countries and territories (less than 5% of the schools offering business degrees worldwide)177 accredited accounting programs in 5 countries55 corporate/foundation/non-profit membersEstimated 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 Business School Questionnaire.
4 The World of Management Education RegionMembersAccreditedIn ProcessEstimated Schools Offering Business ProgramsAfrica1212781Eastern, South-Eastern, and Southern Asia16333415,545Central and Western Asia37911557Europe208532,444Latin America and the Caribbean561361,985Northern America694498611,727Oceania3810101Totals1,20862018413,140
5 Global Accreditation Total = 770 AACSB (607) EQUIS / EPAS (164) 49 (6.4%)30 (3.9%)521 (67.7%)48 (6.2%)37 (4.8%)8 (1%)Use this not only to finish pointing out that accredited schools make up only a fraction of the total number of institutions awarding business degrees, but also to point out that on the other side, our increasing size relative to other global accreditation has led the Board to begin thinking about ways to increase value amongst existing accredited schools.Discuss importance of the work of the special committee in this context.(Transition to next section of slides)With the remaining slides, we’ll talk about other areas in which the future of management education is being shaped, and discuss some of the ways that AACSB – through its governance structure, committees, task forces, special interest groups, professional development, publications, etc. (all of which are comprised of/contributed to by members) – is helping to shape that future.77 (10.0%)AMBA (170)Source: AACSB analysis of publicly available data as of 31 March, 20115
6 The Value of AACSB International Accreditation Aspires to be the highest standard for business schools worldwideA voluntary commitment to quality and continuous improvementRigorous self-assessment and comprehensive peer review
7 AACSB International Accreditation Ensures a Business School: Manages resources to achieve a vibrant and relevant missionAdvances management knowledge through faculty scholarshipProvides quality teaching and current curriculaEarns 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 facultyProduces graduates who have achieved specified learning goalsMakes a statement to external communities about your commitment to quality and continuous improvement
9 Other Benefits of Accreditation Benchmarking DataInformation on trends in business educationAccess to good ideasNetworking with other schools
10 Once you have it, then what?? No one wants to lose itUse to build in a discipline around key areas of:Strategic planningAssurance of learningFaculty qualifications
11 Strategic PlanningInitiate a new planning process every three years or soLarge, inclusive groupUpdate annuallyTrack progress annuallyMaintenance Reports were a good tool for thatInstitute something similar
12 Assurance of LearningHave a plan that lays out what will be done each yearTrack that on an annual basisReport back to the faculty on an annual basisIn 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 schedulesReport results to faculty and Chief Academic OfficerLeverage to ensure sufficient faculty resourcesNo 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 levelAQ/PQ DefinitionGet faculty to work together on scholarshipPart-time (adjunct) faculty can be “participating” with appropriate activities supporting the school outside of teachingParticipating/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”