Experiences in International Accreditations Finnish International Educators Days 2014, Tampere, 12-14 May 2014 Tuija Nikko, Director of Quality and Accreditations, Aalto University School of Business
School of Business 1997-1998 - 1998-2001 - 2007 - 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 2020 3,600 B.Sc. & M.Sc. students 250 Doctoral students + MBA students 103 faculty members + post docs + visiting faculty
Steps towards Triple Crown 1992-2007 1992 1997 1998 2002 2007 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
The School s Accreditation Schedule AACSB - 2007: AACSB accreditation - 2012: Maintenance of AACSB Accreditation - 2017: AACSB Maintenance Review EQUIS - 1998: EQUIS Accreditation for five years - 2003: EQUIS Re-accreditation for five years - 2008: EQUIS Re-accreditation for five years - 2013: EQUIS Re-accreditation for five years - 2018: Re-assessment of EQUIS Accreditation AMBA - 2007: AMBA Accreditation for five years - 2012: AMBA Re-accreditation for five years - 2017: Re-assessment of AMBA Accreditation Laitoksen nimi 21.5.2014 4
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
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
Development of Partner University Network Accreditation by AACSB, EQUIS or AMBA Year Number of partner universities Accredited Accredited % 2003 121 54 45 % 2007 142 83 58 % 2013 172 128 74 %
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 21.5.2014 8
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 21.5.2014 9
International Accreditations for Business Schools A serious decision but worth the hard work! Laitoksen nimi 21.5.2014 10
Further information: Tuija Nikko tuija.nikko@aalto.fi Saila Kurtbay saila.kurtbay@aalto.fi Thank you! Laitoksen nimi 21.5.2014 11