AACSB UpdateSBAA Summer Meeting 2014

Robert ReidEVP & Chief Accreditation Officer

Topics• Membership and accreditation

– Profile– Accreditation pillars– Training and seminars– What we've learned– Accreditation Management System (AMS)

• AACSB 2020 committee• Amsterdam office• CEO search

Reach of AACSB International

Distribution of schools as of June 2, 2014.

AACSB-accredited members present

No AACSB members present

AACSB members present

The AACSB Network• 1,369 member business schools in 89 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

• 50 corporate/foundation/non-profit members

The World of Management Education

RegionAACSB

MembersAACSB-

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

Global 1,369 711 193 15,790

Source: AACSB data and analysis as of 6/2/2014.

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 suggested areas of potential Impact, p. 47-50

7

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 an appropriate balance of academic and professional engagement

8

Engagement Focus • Mission contextual and must focus on

ensuring students, faculty and other stakeholders participant in the life of the business school

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

9

Engagement Possibilities • Strategic decisions about deployment of

professionally engaged faculty (IP & PA)• Faculty & student engagement with business

community• Faculty & student engagement with broader

academic community

10

Innovation

Schools are expected to:• Pursue continuous improvement• Be entrepreneurial and experiment• Innovate

– 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• Mission contextual innovation is the focus

11

Innovation FocusThe 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)• The question is: “What is new for us?”

12

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 engagement activities• New research initiatives

13

Impact

School’s are expected to:• Focus on 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 society

14

Types of ImpactStandards Appendix

• Mission alignment impact• Intellectual contributions impact• Academic impact• Teaching & instructional impact• Academic program impact• Practice & community impact• Executive education impact• Research center impact

15

Impact Focus

Through mission execution, how is the business school making a difference?• Success/impact of graduates/students• Research outcomes• Community and business related outcomes• Can be localized to stakeholders• Linked to Standards 1, 2, 8, 9, and 15

16

Impact Possibilities

• Translation of research outcomes into consulting, executive education/continuing education programming, practice oriented ICs

• Participation in policy development• Success of graduates• Impact on professional practice• Impact on academic societies• Journal quality & citations• Successful educational materials

17

Accreditation – Transition• Seminars updated and offered globally

– Business Accreditation and Accounting Accreditation Seminars

• Volunteer training– 400+ volunteers trained in 17 workshops

held in Asia, Europe, North America– Evaluations 3.9/4 point scale– Webinar for early Peer Review Teams– Additional training planned for 2014-15

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

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

align with the Fifth Year Report

Accreditation Management System

• Current accreditation process• Accreditation web based portal

– Schools– Mentors– Peer Review Team members– Accreditation Committees

• Timeline• Beta testing & rollout

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 economies.”

2020 Committee

Methodology– Committee meetings and discussion– Emerging economies research– Outreach & engagement with business

schools in emerging economies

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

AACSB Office in Amsterdam

• April 2014: Board of Directors approval• Service area – Europe, Middle East and

Africa• Timeline• Recruiting

– Senior Vice President– Initial staff

AACSB CEO Search

• Process– Search Committee– Search Firm– Input from members

Sample Member Feedback Sessions

Northeast Business Deans Association Annual MeetingSeptember 13, 2013

Western Association of Collegiate Schools of Business Annual MeetingOctober 8, 2013

Middle American Business Deans Association Annual MeetingOctober 14, 2013

Association of Jesuit Colleges and Universities Business Deans ConferenceOctober 13-15, 2013

AACSB Europe Annual ConferenceOctober 19, 2013

AACSB Middle East and Africa Annual ConferenceOctober 21, 2013

Middle Atlantic Association of Colleges of Business Administration Annual MeetingOctober 22, 2013

Council of Texas Deans Annual MeetingOctober 28, 2103

Southern Business Administration Association Annual MeetingNovember 12, 2013

AACSB Deans ConferenceFebruary 2-4, 2014

AACSB Accounting Accreditation SeminarFebruary 8, 2014

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 AACSB_CEO@divsearch.com

Questions and Discussion