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AACSB Update. Robert Reid EVP & Chief Accreditation Officer

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(1)

AACSB Update

Robert Reid

(2)

Topics

• Membership and accreditation

– Profile

– Accreditation pillars – Training and seminars – What we've learned

• 2020 committee • Amsterdam office • CEO search

(3)

Reach of AACSB International

AACSB-accredited members present No AACSB members present AACSB members present

(4)

The AACSB Network

• 1,369 member business schools in 88 countries and territories

• 711 accredited schools in 47 countries and territories (less

than 5% of the estimated number of schools offering business degrees worldwide)

• 180 accounting-accredited programs in 7 countries and territories

(5)

The World of Management

Education

Region AACSB Members AACSB-Accredited In Accreditation Process Estimated Schools Offering Business Programs Africa 19 3 3 846

Eastern, South-Eastern, and

Southern Asia 233 52 70 7,896

Central and Western Asia 64 12 13 606

Europe 240 80 53 2,467

Latin America and the

Caribbean 79 18 10 2,147

Northern America 694 528 37 1,730

Oceania 40 18 7 98

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Engagement - Innovation – Impact

• Executive summary of most significant

strategies and outcomes in the past five years related to engagement, innovation and impact • Review Accreditation Standards Appendix for

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Engagement

Schools are expected to:

• Achieve both academic and professional

engagement by students and faculty

• Identify desired characteristics of

engagement, aligned with the school’s

mission

• Maintain and foster an appropriate

intersection of academic and professional

engagement

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Engagement Focus

• Mission contextual and must focus on ensuring students, faculty and other

stakeholders participate in the life of the business school

• Linked to Eligibility Criterion B, Standards 1, 2, 5, 9, 10, 13, and 15

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Engagement Possibilities

• Integration of professionally engaged faculty (IP & PA)

• Faculty/student engagement with business community

• Faculty/student engagement with broader academic community

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Innovation

Schools are expected to:

• Pursue continuous improvement

• Be entrepreneurial and experiment

• Be innovative. Innovations include both the

potential for success and risk of failure.

Innovations should be well-developed and

aligned with mission/strategy

• Report most significant activities and

results

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Innovation Focus

The mission of the business school is the context:

• Innovation is focused on stakeholders and not unique from other business schools

• Focus on most recent 5-year period

• Linked to mission & strategic plan development and implementation (Standard 1)

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Innovation Possibilities

• Adding on-line or distance delivered courses and/or degrees

• New areas of programming

• Distinctive service/outreach projects • Distinctive collaborative activities with

business, non-profits, government, or other institutions

• New student engagements activities • New research initiatives

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Impact

School’s are expected to:

• Focus on high quality inputs and outcomes

that have impact

• Produce intellectual contributions that

have a positive impact on theory, teaching

and practice

• Demonstrate that the business school is

“making a difference” in business and

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Types of Impact

Standards Appendix

• Mission alignment impact

• Intellectual contributions impact • Academic impact

• Teaching & instructional impact • Academic program impact

• Practice & community impact • Executive education impact • Research center impact

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Impact Focus

Through mission execution, how is the business school making a difference?

• Success/impact of graduates/students • Research outcomes

• Community/business community supporting events, outcomes

• Can be localized to stakeholders

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Impact Possibilities

• Translation of research outcomes into consulting, executive education/continuing education

programming, or practice oriented ICs • Participation in policy development • Success of graduates

• Impact on professional/academic societies/practice • Journal quality/citations

(18)

Accreditation – Transition

• Seminars updated and offered globally

– Business Accreditation and Accounting Accreditation Seminars

• Volunteer training

– 350+ volunteers trained in 16 workshops held in Asia, Europe, North America

– Evaluations 3.9/4 point scale

(19)

2013 Accreditation Standards

What we’ve learned from schools:

– Positive feedback about PRT preparation

– Accreditation staff resources receive positive feedback

– Demonstrating engagement and impact is evolving

– Suggestions for revision to PRT report and Fifth Year Report Guidelines

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2013 Accreditation Standards

What we’ve learned from Peer Review

Teams:

– Schools criteria and documentation for Std 15 Faculty Engagement and Qualification were well done

– Engagement documentation is immature – Need to modify the PRT report to better

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2020 Committee

Charge

“Recommend strategies and structures to

significantly increase AACSB’s achievement of its global mission, providing for superior membership advantage as well as quality

improvement and quality assurance services, with particular focus on emerging

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2020 Committee

Methodology

– Committee meetings and discussion – Emerging economies research

– Engagement with business schools in emerging economies

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2020 Committee

Timetable

– January 2014: Board of Directors launched the committee

– September 2014: Interim report to AACSB board

– Fall 2014: Global engagement and feedback

– January 2015: Final report to AACSB board

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Office in Amsterdam

• April 2014: Board of Directors approval

• Timetable

• Recruiting

– Initial staff

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CEO Search

• Process

– Search Committee – Search Firm

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Sample Member Feedback Sessions

Northeast Business Deans Association Annual Meeting

September 13, 2013

Western Association of Collegiate Schools of Business Annual Meeting

October 8, 2013

Middle American Business Deans Association Annual Meeting

October 14, 2013

Association of Jesuit Colleges and Universities Business Deans Conference

October 13-15, 2013

AACSB Europe Annual Conference

October 19, 2013

AACSB Middle East and Africa Annual Conference

Middle Atlantic Association of Colleges of Business Administration Annual Meeting

October 22, 2013

Council of Texas Deans Annual Meeting

October 28, 2103

Southern Business Administration Association Annual Meeting

November 12, 2013

AACSB Deans Conference

February 2-4, 2014

AACSB Accounting Accreditation Seminar

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CEO Search

• Timetable

• Feedback

– To provide additional input regarding the CEO recruitment effort or to express interest as a candidate, please contact Kim M. Morrisson or Betty Hasler at [email protected]

(28)

AACSB Update

Questions and

Discussion

References

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