AACSB INTERNATIONAL Global Accreditation-Getting Started James M. Daley Rockhurst University Karel Soudan University of Antwerp Joseph M. Phillips Albers.

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

1

The Mission of AACSB International

AACSB International advances quality management education worldwide

through accreditation, thought leadership,

and value-added services.

2

The AACSB Network1208 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.

The World of Management Education

Region Members Accredited In Process

Estimated Schools Offering Business Programs

Africa 12 1 2 781

Eastern, South-Eastern, and Southern Asia

163 33 41 5,545

Central and Western Asia 37 9 11 557

Europe 208 53 53 2,444

Latin America and the Caribbean

56 13 6 1,985

Northern America 694 498 61 1,727

Oceania 38 13 10 101

Totals 1,208 620 184 13,140

Global Accreditation

521 (67.7%)

AACSB (607)EQUIS / EPAS

(164)

AMBA(170)

49(6.4%)

77(10.0%)

37(4.8%)

8 (1%)

48(6.2%)

30(3.9%)

Source: AACSB analysis of publicly available data as of 31 March, 2011

Total = 770

5

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

6

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)

7

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

8

Other Benefits of Accreditation

Benchmarking Data

Information on trends in business education

Access to good ideas

Networking with other schools

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

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

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

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

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

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.

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”