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 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 Business School Questionnaire.

4. 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
2,444
Latin America and the Caribbean 56 13 6
1,985
Northern America
694
498 61
1,727
Oceania 38 10
101
Totals
1,208
620
184
13,140

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, 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”