AACSB Update. Robert Reid EVP & Chief Accreditation Officer

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1 AACSB Update Robert Reid EVP & Chief Accreditation Officer

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 AACSB members present No AACSB members present Distribution of schools as of June 2, 2014.

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 50 corporate/foundation/non-profit members

5 The World of Management Education Region AACSB Members AACSB- Accredited In Accreditation Process Estimated Schools Offering Business Programs Africa Eastern, South-Eastern, and Southern Asia ,896 Central and Western Asia Europe ,467 Latin America and the Caribbean ,147 Northern America ,730 Oceania Global 1, ,790 Source: AACSB data and analysis as of 6/2/2014.

6

7 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 areas of potential Impact, p

8 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 8

9 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 9

10 Engagement Possibilities Integration of professionally engaged faculty (IP & PA) Faculty/student engagement with business community Faculty/student engagement with broader academic community 10

11 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 Mission contextual innovation is the focus 11

12 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) The question is: What is new for us? 12

13 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 13

14 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 society 14

15 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 15

16 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 Linked to Standards 1, 2, 8, 9, and 15 16

17 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 Successful educational materials 17

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 Webinar for early Peer Review Teams

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

20 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

21 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.

22 2020 Committee Methodology Committee meetings and discussion Emerging economies research Engagement with business schools in emerging economies

23 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

24 Office in Amsterdam April 2014: Board of Directors approval Timetable Recruiting Initial staff Senior Vice President

25 CEO Search Process Search Committee Search Firm Input from members

26 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 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 February 8, 2014 AACSB Middle East and Africa Annual Conference October 21, 2013

27 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

28 AACSB Update Questions and Discussion

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