Experiences in International Accreditations

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1 Experiences in International Accreditations Finnish International Educators Days 2014, Tampere, May 2014 Tuija Nikko, Director of Quality and Accreditations, Aalto University School of Business

2 School of Business Accreditations by AACSB, AMBA and EQUIS make the School a prestigious Triple Crown business school Long-term goal: Towards comprehensive, top ten business schools in Europe by ,600 B.Sc. & M.Sc. students 250 Doctoral students + MBA students 103 faculty members + post docs + visiting faculty

3 Steps towards Triple Crown The first international quality audit by EFMD Full-time MBA Programme accredited by AMBA Accredited status extended to Part-time MBA in 1999 First EQUIS Accreditation Membership in AACSB AMBA Accreditation for the whole MBA portfolio Initial AACSB Accreditation In the picture Helsinki School of Economics 1950

4 The School s Accreditation Schedule AACSB : AACSB accreditation : Maintenance of AACSB Accreditation : AACSB Maintenance Review EQUIS : EQUIS Accreditation for five years : EQUIS Re-accreditation for five years : EQUIS Re-accreditation for five years : EQUIS Re-accreditation for five years : Re-assessment of EQUIS Accreditation AMBA : AMBA Accreditation for five years : AMBA Re-accreditation for five years : Re-assessment of AMBA Accreditation Laitoksen nimi

5 Why Accreditations? Quality Label Evidence of fulfilling international business school quality standards and criteria Evidence of belonging to the top 1 % of business schools Reputation building / Branding Recruiting asset An asset when negotiating international partnerships Enhancing Quality Culture Enhances commitment to continuous systematic development Development objectives specified for each five-year period Provides a strategic tool for developing and benchmarking own activities (example on next page) Networking and learning from others Conferences & seminars; affinity groups; site visits; reviewing; shared databases

6 Accreditations in Benchmarking (example) A benchmarking tool for evaluating and developing the international partner university network One of the School s KPIs for internationalization: The percentage of partner universities with international accreditations The institution has a solid academic foundation to deliver graduates that meet the requirements of the professional and academic world

7 Development of Partner University Network Accreditation by AACSB, EQUIS or AMBA Year Number of partner universities Accredited Accredited % % % %

8 Requirements: Commitment, Commitment & Commitment Commitment to standards & criteria Commitment to continuous development - Processes and practices in place Commitment at all levels - University / School management, faculty, staff, students, alumni Resources Reporting and self-evaluation Site visits Training Networking & volonteering Fees Laitoksen nimi

9 CASE: AACSB Commitment to standards & criteria - Faculty qualifications - Assurance of Learning Program Commitment to continuous development - Development objectives specified in the review report Commitment at all levels - Strategy work; action goals and KPIs; faculty recruitment; student admissions; program management, content, delivery, assessment & development; alumni & corporate partners; processes and practices of services; Reporting - Maintenance review every 5 th year (review; site visit) - Mid-term review - Business School Questionnaire (BSQ) every year Laitoksen nimi

10 International Accreditations for Business Schools A serious decision but worth the hard work! Laitoksen nimi

11 Further information: Tuija Nikko Saila Kurtbay Thank you! Laitoksen nimi