„ Preparing for the EFMD/EQUIS A ccreditation Process”
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„„Preparing for the EFMD/EQUIS Preparing for the EFMD/EQUIS AAccreditation ccreditation Process”Process”
Assoc. Prof. Nijaz Bajgorić, PhDAssoc. Prof. Nijaz Bajgorić, [email protected]@efsa.unsa.ba
www.efsa.unsa.ba/~nijaz.bajgoricwww.efsa.unsa.ba/~nijaz.bajgoric
School of Economics and BusinessSchool of Economics and Business in in Sarajevo Sarajevo
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2204/19/2304/19/23 N. Bajgorić: Preparing the School for EN. Bajgorić: Preparing the School for EFMD/EQUIS Accreditation ProcessFMD/EQUIS Accreditation Process
School of Economics and Business (SEBS)School of Economics and Business (SEBS)Facts & Figures Facts & Figures (As of Sept. 2006.)(As of Sept. 2006.)
StudentsStudents: : 7,0007,000Faculty: 50Faculty: 50Teaching Assistants: 45Teaching Assistants: 45Total area: 11.000 m2 (four locations)Total area: 11.000 m2 (four locations)BudgetBudget ( (EUR 5 million, including tuition feesEUR 5 million, including tuition fees))Number of PCs: 400Number of PCs: 400
All Classrooms equipped with DataShow projectors and All Classrooms equipped with DataShow projectors and PCs/NotebooksPCs/Notebooks Internet Connection: 1,5 Mbps Internet Connection: 1,5 Mbps WirelessWireless
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Undergraduate Program (1996-2005)Undergraduate Program (1996-2005)::
a) Four-year Programa) Four-year Program
Specializations:Specializations:Macroeconomic ManagementMacroeconomic ManagementInternational EconomicsInternational EconomicsEconomics of EuropeEconomics of EuropeManagement and OrganizationManagement and OrganizationMarketingMarketingAccounting and AuditingAccounting and AuditingBanking and InsuranceBanking and InsuranceQuantitative EconomicsQuantitative EconomicsManagement Information Management Information SystemsSystems
b)b) Two-year ProgramTwo-year Program
Specializations:Specializations:Foreign TradeForeign TradeMarketingMarketingFinancial-AccountingFinancial-AccountingManagement Information Management Information SystemsSystems
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Graduate ProgramGraduate Program (1996 - current): (1996 - current):
a) a) EconomicsEconomicsSpecializations: Specializations:
Economics of EuropeEconomics of EuropeQuantitative MethodsQuantitative MethodsMacroeconomicMacroeconomic ManagementManagementInternational EconomicsInternational Economics
b) b) Business Economics Business Economics SpecializationsSpecializations::
Actuarial Math. and Actuarial Math. and Insurance Insurance Banking Banking Financial ManagementFinancial ManagementMarketingMarketing Managment ManagmentManagement and Management and Information SystemsInformation SystemsAccounting and Auditing Accounting and Auditing
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Main Activities in 2004-2008Main Activities in 2004-2008
Curriculum Reform and ECTS-Curriculum Reform and ECTS-Bologna ImplementationBologna Implementation
Efforts Towards EFMD/EQUIS Efforts Towards EFMD/EQUIS AccreditationAccreditation
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Accreditation SystemsAccreditation Systems (Business, Economics, (Business, Economics, Business Administration, Management)Business Administration, Management)
EFMD/EQUIS (EFMD/EQUIS (www.efmd.orgwww.efmd.org): Institutional Accreditation): Institutional AccreditationEFMD/EPAS (EFMD/EPAS (www.efmd.orgwww.efmd.org): Program – oriented ): Program – oriented EFMD/CEL (EFMD/CEL (www.efmd.orgwww.efmd.org): ICT-based Programs ): ICT-based Programs EFMD/CLIP (EFMD/CLIP (www.efmd.orgwww.efmd.org): Corporate Universities): Corporate UniversitiesAACSB (AACSB (www.aacsb.eduwww.aacsb.edu): USA, program-oriented ): USA, program-oriented IACBE (IACBE (www.iacbe.orgwww.iacbe.org): USA, Intl. ): USA, Intl. AMBA (AMBA (www.mbaworld.comwww.mbaworld.com): MBA only): MBA only
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EFMD - EQUISEFMD - EQUIS
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EQUIS process:EQUIS process:
5 godina3-5 years
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EQUIS: EQUIS: General Quality CriteriaGeneral Quality Criteria
National standingNational standing
MissionMission
GovernanceGovernance
ScopeScope
StrategyStrategy
ResourcesResources
FacultyFaculty
StudentsStudents
Student ServicesStudent Services
Personal DevelopmentPersonal Development
ProgrammesProgrammes
ResearchResearch
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EFMD/EQUIS-Accreditation EFMD/EQUIS-Accreditation (remarks by Prof. Verhaegen, RSM, July 2005.) (remarks by Prof. Verhaegen, RSM, July 2005.)
Mission, Vision, ObjectivesMission, Vision, Objectives
Develop distinctive expertiseDevelop distinctive expertise
Develop/maintain strong reputation and culture Develop/maintain strong reputation and culture to be able to attract top faculty/clients/partnersto be able to attract top faculty/clients/partners
Select right partners for right activitiesSelect right partners for right activities
Seek international accreditation and recognitionSeek international accreditation and recognition
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SEBS – STRENGTHS SEBS – STRENGTHS (Prof. Verhaegen, May 2006.):(Prof. Verhaegen, May 2006.):
Reputation SchoolReputation SchoolPosition in Bosnia/RegionPosition in Bosnia/RegionMissionMissionStructure/CredibilityStructure/CredibilityLeadershipLeadershipBologna/Undergraduate Portfolio (Well-Bologna/Undergraduate Portfolio (Well-designed Bachelor programmes, Extremely designed Bachelor programmes, Extremely well-defined) well-defined) Quality/Dedication FacultyQuality/Dedication FacultyHigh Quality Centers (Institute, Continuous High Quality Centers (Institute, Continuous Learning, MIT)Learning, MIT)
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SEBS WEAKNESSES AND POTENTIAL SEBS WEAKNESSES AND POTENTIAL
THREATS:THREATS:
Research Research
High student/staff ratioHigh student/staff ratio
National law and government policyNational law and government policy
Economics versus ManagementEconomics versus Management
Slowness due to insufficient budgetSlowness due to insufficient budget
Faculty propensity to changeFaculty propensity to change
InternationalisationInternationalisation
English proficiency of Faculty membersEnglish proficiency of Faculty members
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Accreditation-oriented Activities at SEBSAccreditation-oriented Activities at SEBS(2005-2007)(2005-2007)
Vision and MissionVision and MissionCurriculum reform to fit Bologna/ECTSCurriculum reform to fit Bologna/ECTSContinuous Assessment SystemContinuous Assessment SystemReducing the number of “in-class” students and increasing the Reducing the number of “in-class” students and increasing the number of full-time faculty members in order to achieve the ratio of number of full-time faculty members in order to achieve the ratio of faculty members to full-time students 1:40-60 in 5 yearfaculty members to full-time students 1:40-60 in 5 yearIntroducing DL programIntroducing DL programDesigning graduate and undergraduate program in English Designing graduate and undergraduate program in English Hiring intl. faculty members on part-time basisHiring intl. faculty members on part-time basisEstablishing Alumni asssociationEstablishing Alumni asssociationIncreasing the number of computers (comp. rooms, student kiosks)Increasing the number of computers (comp. rooms, student kiosks)Enhancing Exchange programsEnhancing Exchange programsEstablishing Center for Personel Development Establishing Center for Personel Development Establishing Center for Continuing EducationEstablishing Center for Continuing EducationImproving relations with business community, corporate involvement Improving relations with business community, corporate involvement in program designin program designIntroducing Executive Education programIntroducing Executive Education programEtc. Etc.
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Vision and Mission RedefinedVision and Mission Redefined
School of Economics and Business in Sarajevo aims at becoming School of Economics and Business in Sarajevo aims at becoming regionally recognized institution in providing students with world-regionally recognized institution in providing students with world-class education in Economics and Business Administration through class education in Economics and Business Administration through academic and practice-oriented programs that best reflect current academic and practice-oriented programs that best reflect current needs and requirements.needs and requirements.TheThe missionmission of the School of Economics and Business in Sarajevo of the School of Economics and Business in Sarajevo is to create and spread knowledge and skills in the fields of is to create and spread knowledge and skills in the fields of Economics and Business Administration. This process should yield Economics and Business Administration. This process should yield highly educated, skilled and creative economists, managers and highly educated, skilled and creative economists, managers and business analysts capable to meet the needs and challenges of the business analysts capable to meet the needs and challenges of the rapidly changing environment. rapidly changing environment. The The visionvision of the School of Economics and Business in Sarajevo is of the School of Economics and Business in Sarajevo is to become regionally recognized institution as a place with to become regionally recognized institution as a place with noticeable research work, efficient transfer of knowledge and skills, noticeable research work, efficient transfer of knowledge and skills, excellent working and living conditions and openness for new ideas excellent working and living conditions and openness for new ideas and initiatives. and initiatives.
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Curriculum Redefined to fit BolognaCurriculum Redefined to fit Bologna
Based on “3+2+3” modelBased on “3+2+3” model
Several concentrations of: Economics, Several concentrations of: Economics, Business and ManagementBusiness and Management
New Teaching MethodsNew Teaching Methods
Continuous Assessment SystemContinuous Assessment System
Criterion-based GradingCriterion-based Grading
IT-supported Teaching (Moodle-based IT-supported Teaching (Moodle-based Course Management System)Course Management System)
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ECTS/Bologna at UNSA/SEBS: ECTS/Bologna at UNSA/SEBS: – September 2005. -– September 2005. -
New Study Rules and Regulations for
“3+2” Concept
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ECTS-based Curriculum at SEBSECTS-based Curriculum at SEBS
ECTS-based Rules and RegulationsECTS-based Rules and Regulations approved approved on UNSA Senate in September 2005 on UNSA Senate in September 2005 (academic year, new teaching methods, (academic year, new teaching methods, continuous assessment, criterion-based continuous assessment, criterion-based grading, etc.) grading, etc.)
New ECTS-based “3+2” CurriculumNew ECTS-based “3+2” Curriculum created created and approved at the School in June 2005: and approved at the School in June 2005: Course Syllabi – Course Descriptions (ECTS Course Syllabi – Course Descriptions (ECTS Information Package) Information Package)
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Main FrameworkMain Framework
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SEBS - ECTS Information PackageSEBS - ECTS Information Package
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Inf. Package–onlinewww.efsa.unsa.ba
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Course Syllabus: Example – section a)Course Syllabus: Example – section a)
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Course Syllabus: Example – section b)Course Syllabus: Example – section b)
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Examination – Grading SystemExamination – Grading System
UNSA Grading is based on Criterion systemUNSA Grading is based on Criterion system
(range: 60 – 100 points)(range: 60 – 100 points)
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Part-time Study Redefined: DLPart-time Study Redefined: DL(excerpts from ECTS documents)(excerpts from ECTS documents)
““The curriculum-reform process accords a high priority toThe curriculum-reform process accords a high priority to equal opportunity for working students, in particular by equal opportunity for working students, in particular by making sure that it is possible to assemble a flexible and making sure that it is possible to assemble a flexible and individual course of study. individual course of study. ““
““Isolating the study performance from the studyIsolating the study performance from the study durationduration results in an individual study duration thatresults in an individual study duration that is defined by is defined by ththe e students themselves. It isstudents themselves. It is possible to fast-track the possible to fast-track the study study time or to prolong ittime or to prolong it as a part-time student.as a part-time student.””
The School started the process of migrating The School started the process of migrating traditional Part-time study system by Distance traditional Part-time study system by Distance Learning program from the academic year 2006/07. Learning program from the academic year 2006/07.
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Summer School IntroducedSummer School Introducedwww.efsa.unsa.ba/summerwww.efsa.unsa.ba/summer
The Summer School (Summer Term) at the School of Economics and Business in The Summer School (Summer Term) at the School of Economics and Business in Sarajevo (SEBS) is an intensive five-week program that includes a wide variety of Sarajevo (SEBS) is an intensive five-week program that includes a wide variety of courses. Most of them are thaught in Bosnian, but some courses are offered in courses. Most of them are thaught in Bosnian, but some courses are offered in English as well. English as well.
Courses are open to Sarajevo University students, to university graduates, and to Courses are open to Sarajevo University students, to university graduates, and to students from the universities abroad who wish to: students from the universities abroad who wish to:
progress through their programme more quicklyprogress through their programme more quicklyto compensate for a poor performance in a previous semester to compensate for a poor performance in a previous semester to spread a heavy workload during the Fall and Spring semesterto spread a heavy workload during the Fall and Spring semesterpick up a necessary prerequisitepick up a necessary prerequisiteprovide greater flexibility to enable the completion of a double major combination.provide greater flexibility to enable the completion of a double major combination.
The Summer term maintains the same high academic standards that are applied The Summer term maintains the same high academic standards that are applied during the regular academic year. during the regular academic year. All courses offered are taught and examined to All courses offered are taught and examined to the same standard as normal semester courses. the same standard as normal semester courses. Courses are equivalent in credit to Courses are equivalent in credit to those offered in the Fall and Spring semesters.those offered in the Fall and Spring semesters.
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Distance Learning Program Implemented Distance Learning Program Implemented httphttp://dl.efsa.unsa.ba://dl.efsa.unsa.ba
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IT Support Improved IT Support Improved
400 PCs400 PCs10 servers10 servers10 student kiosks10 student kiosksAll faculty members and teaching assistants have PC in All faculty members and teaching assistants have PC in the officethe officeAll students provided username and password while All students provided username and password while enrolling enrolling Good Internet connectionGood Internet connectionWireless connections in the hallsWireless connections in the hallsAll classrooms equipped with PCs and projectorsAll classrooms equipped with PCs and projectorsCourse Management system implementedCourse Management system implemented
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Learning Resources: Learning Resources: Implemented According to EU StandardsImplemented According to EU Standards
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Information System: Information System: Implemented According to EU StandardsImplemented According to EU Standards
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UNSA Information System: UNSA Information System: Network InfrastructureNetwork Infrastructure
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UNSA IS: Online Registrar UNSA IS: Online Registrar
www.registrar.unsa.bawww.registrar.unsa.ba
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Student: Online RegistrationStudent: Online Registration
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Teacher: Online GradingTeacher: Online Grading
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Hard-copy document generated by Registrar application
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Registrar OfficeRegistrar Office
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Student Kiosks at SEBSStudent Kiosks at SEBS
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CourseWareCourseWare (Course Management System): (Course Management System): Software PackagesSoftware Packages
CommercialCommercial WebCT (WebCT (www.webct.comwww.webct.com) ) Blackboard (Blackboard (www.blackboard.comwww.blackboard.com) )
OpenSource (free)OpenSource (free) Moodle (Moodle (www.moodle.orgwww.moodle.org) – ) – used at School used at School
of Economics and Business in Sarajevoof Economics and Business in Sarajevo
In-house (example: In-house (example: www.e-learning.bawww.e-learning.ba, , developed by UTIC for UNSA) developed by UTIC for UNSA)
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E-Learning Environment E-Learning Environment at SEBS at SEBS
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Computer LabsComputer Labs
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IT-supported ClassroomsIT-supported Classrooms
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MIT CenterMIT Center
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E-Net Center E-Net Center
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Student KiosksStudent Kiosks
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CourseWare
Made by:
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MBA programs introduced in MBA programs introduced in collaboration with:collaboration with:
Alfred Lerner College (University of Alfred Lerner College (University of Delaware), AACSB-accredited SchoolDelaware), AACSB-accredited School
University of Turin University of Turin
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Institute for Research in Economics and Institute for Research in Economics and BusinessBusiness
Institute is an organisational unit of the School of Institute is an organisational unit of the School of Economics and Business in Sarajevo. Its basic activities Economics and Business in Sarajevo. Its basic activities in the area of research are related to the studies and in the area of research are related to the studies and research projects, feasibility studies, programs, expert research projects, feasibility studies, programs, expert reports, expert opinions and continuous consulting. reports, expert opinions and continuous consulting. Owing to these activities, Institute has gained the leading Owing to these activities, Institute has gained the leading market position in this area. Since its establishment, market position in this area. Since its establishment, Institute has contracted and completed over 170 Institute has contracted and completed over 170 contracts in the fields of macroeconomic and contracts in the fields of macroeconomic and microeconomic research, investment, enterprise microeconomic research, investment, enterprise development, privatization programs, enterprise and development, privatization programs, enterprise and bank organisation, consulting services, etc..bank organisation, consulting services, etc..
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Center for Intl. CooperationCenter for Intl. Cooperation
Its main task is to establish, develop and enhance the Its main task is to establish, develop and enhance the cooperation between the School and faculties of cooperation between the School and faculties of economics and related institutions in the world, aimed at economics and related institutions in the world, aimed at the exchange of scientific achievements in the fields of the exchange of scientific achievements in the fields of economics and business, exchange of professors and economics and business, exchange of professors and teaching staff with other faculties in the world, student teaching staff with other faculties in the world, student exchange, exchange of professional periodicals and exchange, exchange of professional periodicals and literature, organization of joint teaching activities, and literature, organization of joint teaching activities, and organization and conducting of joint research projects. organization and conducting of joint research projects. The Centre’s major goal in the forthcoming period is to The Centre’s major goal in the forthcoming period is to initiate and implement the process of international initiate and implement the process of international accreditation of the School.accreditation of the School.
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Library Information SystemLibrary Information System
SCIENCE DIRECTSCIENCE DIRECTEMERALD DATABASEEMERALD DATABASEWEB OF SCIENCE WEB OF SCIENCE EBSCO DATABASEEBSCO DATABASESCOPUSSCOPUSDirectory of Open Access Journals Directory of Open Access Journals Research Papers in Economics Research Papers in Economics ABI/INFORM global ABI/INFORM global
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Alumni AssociationAlumni Association
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PR OfficePR Office
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Faculty Development CenterFaculty Development Center
Seminars Seminars ConferencesConferencesCFPsCFPsGrantsGrantsProjectsProjectsQuality Improvement Quality Improvement ProgramsProgramsOrientation programsOrientation programs
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Career CenterCareer Center
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Business Advisory Board Business Advisory Board
Members: 20 most prominent BH Members: 20 most prominent BH managers managers
Meetings on regular basisMeetings on regular basis
Involvement in curriculum design Involvement in curriculum design
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Center for Continuing Education Center for Continuing Education (Business Academy)(Business Academy)
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THANK YOU!THANK YOU!
QUESTIONS ?QUESTIONS ?