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Accreditation Fees & Costs – Oct 2020

By | Resource

Accreditation Costs

There are several facets to the costs of accreditation:
  1. Payments made to the relevant accreditation bodies and comprise a mix of membership fees, accreditation fees and other expenses etc.  These are relatively fixed and easy to estimate (see link below).
  2. Staffing and advisory costs to support accreditation.  These are harder to estimate, and depend on several factors.  Will there be an accreditation team with sufficient time and experience to manage the full accreditation process? Are there additional faculty allowances given to accreditation?  Will the School require some external input, to support the internal resources?
  3. Investment Costs:  These vary hugely from school to school and naturally depend on each School’s strategic priorities.  Of course, strategic investment costs are not always linked to accreditation: Some strategic decisions will be made regardless of accreditation plans.  Others may only be made as a consequence of accreditation.

QED has listed the costs and fees associated with each of the accreditation bodies (#1 above).  These can be viewed here.

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AACSB: Transition Table for 2020 Standards

By | Resource

AACSB: Transition Table for 2020 Business Accreditation Standards

AACSB’s  2020 Business Accreditation Standards were released at the end of July 2020.    The new standards represent a streamlined, principles-based framework and provide flexibility for the Business School of the future

The broad transition period for the 2020 Standards is outlined in the table below:

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Any school that is currently in the initial accreditation process, and expects to have a peer review visit after July 2021 should consult with their AACSB Staff Liaison to discuss their preferred transition time.  Queries of a technical nature can be addressed to your AACSB Staff Liaison (for member schools), your mentor (for those in the process of initial accreditation) and/or your external advisor (such as QED).

 

For advice and further details on any of the above, please contact the QED Accreditation Team at info@QEDaccreditation.com.

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Webinar Series: AACSB 2020 – What you need to know?

By | Webinars

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Using their combined expertise and knowledge, QED and RimaOne are partnering to provide a series of three webinars, covering the new AACSB 2020 Business Accreditation Standards. Whether you’re preparing for initial accreditation, or for a continuous improvement review, these webinars will provide a practical insight into the new standards.

The webinars will last 45 mins to an hour (including time for Q&A) and will provide an overview of some of the key changes arising, together with practical examples and advice of how schools should or can prepare. Registration is free and participants are encouraged to submit questions in advance.

All webinars will start at 1pm Central European Time.

Webinar 1: What do the changes mean for you?

Guest Speaker: Frank Bostyn – Dean UAEU & Board Member AACSB

Date: October 15th 2020

AACSB’s 2020 Business Accreditation Standards were approved in Summer 2020. Our first webinar is focused on providing an overview of the changes (both in terms of the standards and the related processes). Key topics include:

  • Summary of new standards & comparison with 2013 standards
  • What stays the same? What has changed?
  • Process changes overview – including transition arrangements
  • Scoping (including collaborative provision)

Register for Webinar 1 here

 

Webinar 2: Faculty Qualifications and Sufficiency (Standard 3)

Guest Speaker: Sarah Vaughan – Associate Dean Accreditations, ICN Business School, France.

Date: October 22nd 2020

The second webinar in the series focuses on Standard 3 (Faculty and Professional Staff Resources) with particular emphasis on Faculty Qualification and Tables 3.1 and 3.2 (previously 15.1 and 15.2). Key discussion points include:

  • 2013 vs 2020: What stays the same? What has changed?
  • Key points to consider when transitioning to Tables 3.1 and 3.2 (old tables 15.1 and 15.2)
  • The focus on ‘discipline’ rather than ‘department’ or ‘subject group’ within the 2020 Accreditation Standards.

Register for Webinar 2 here

 

Webinar 3: Assurance of Learning

Guest Speakers: Venkata Yanamandram (Associate Professor and Director of AoL, University of Wollongong, Australia) and Sara Isabel Marin-Zapata (International Accreditations, Universidad EAFIT, Columbia)

Date: October 29th 2020

Our final webinar in the series takes an overall look at Standard 5 (Assurance of Learning). In this we talk about the changes in language within the new standards, and the importance of taking time to really define the learning competencies for each programme. Key areas include:

  • 2013 vs 2020: What stays the same? What has changed?
  • Table 5.1 (“new” Assurance of Learning table)
  • Microlearning Credentials: what do I need to know?
  • Non-degree Executive Education: what’s required?
  • Latest insights into the moves by AACSB to allow leverage of work done for National/Regional Regulatory bodies.

Register for Webinar 3 here

For advice and further details on any of the above, please contact the QED Accreditation Team at info@QEDaccreditation.com.

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EQUIS: Updates to standards and guidance 2020

By | Resource

EQUIS Standards and Guidance: Updates 2020

EFMD revises the documentation supporting EQUIS periodically and updates are normally provided at the start of each calendar year.  QED’s overview of the updates made as part of the 2020 publication, together with an assessment of the significance of the change can be found in this downloadable PDF file.

Whilst most changes are unlikely to be significant, there are a small number which should be considered by institutions within the accreditation process OR preparing for re-accreditation.

NB: This document represents QED’s interpretation of the EQUIS Updates.  We recommend that you view the updated documents directly – which are available from EFMD’s website:

In addition, EFMD has provided its own summary of the main changes to the Standards.  This document (in tabular format) is available from the EFMD website here.

As above, QED’s summary of the updates across the key documents is available in this downloadable PDF file.

 

For advice and further details on any of the above, please contact the QED Accreditation Team at info@QEDaccreditation.com.

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AACSB: 2020 Standards now released

By | Resource

AACSB: New 2020 Business Accreditation Standards released

As anticipated, July 28th 2020 saw the release of AACSB’s newly approved 2020 Business Accreditation Standards.  This has been the culmination of two years of dialogue and review.  The new standards represent a streamlined, principles-based framework and provide flexibility for the Business School of the future.

QED will be providing plenty of guidance (including a series of webinars planned for the Autumn) – but  – for now – what are the key things you need to know?

What is the key difference between the 2013 and the 2020 standards?
The 2020 standards have a principles based approach –  providing some flexibility for different types of business schools and the changing needs of business schools into the future. This gives more scope for business schools to adapt to the individual requirements of their School.

Is that not just another way of saying that the standards are ‘easier’?
No – absolutely not!  Many of the same standards and targets apply – but there has been a huge effort to streamline the standards (now 9 standards, instead of 15) and to ensure that a focus on principles means that Schools continue to align with the ‘spirit’ or ‘intention’ of each standard in a way that directly supports high quality practices and processes.

For Schools that are already ‘in the process’ or are accredited, what areas are important to flag as potential areas for change?
There are several key areas of change and QED would always recommend that the School makes space for staff to become familiar with these.  Areas to which particular attention might be paid include:

  • Language changes: For example, students are referred to as ‘Learners’.  Instead of ‘learning goals’, the standards talk about ‘learning competencies’.  N.B. It is important to review the definitions provided by AACSB whenever relevant – as terminology and the meaning of words can vary internationally.
  • More detailed guidance around collaborative provision partnerships – and whether the related programmes fall in-scope or out-of-scope (part of the AACSB philosophy in the prequel to the standards);
  • New requirement (and standard) for ‘Engagement and Societal Impact’ (new Standard 9);
  • More attention paid to risk planning, including a formal risk analysis;
  • Faculty tables to be organised by ‘Discipline’ (not department or programme etc).  This is likely to be an easy transition for many schools, but potentially difficult for others….! It will highlight any short-comings in the academic underpinnings for individual subject areas within the School.  However, Schools have more flexibility in deployment of faculty, once the standard is met at the discipline level.
  • AoL: Schools are encouraged (and expected) to have a combination of direct and indirect measures – depending on how best to assure learning for each competency within a programme.

When do the 2020 standards become effective?
AACSB has established a transition time frame and all Schools with an interest in AACSB accreditation or re-accreditation should be aware of this. The transition time frame uses the Peer Review Visit as the key ‘transition point’ and Schools will need to work backwards from there to establish the point of planning and transition within the School.

  • 2020/21:  Only Schools with CIR visits that have been accepted onto the initial pilot phase will be accredited under the new standards between January and June 2021.
  • 2021/22: Schools expecting Peer Review Visits between July 1 2021 and June 30 2022 can CHOOSE whether to be accredited under the 2013 standards or the 2020 standards
  • 2022/23: Schools expecting Peer Review Visits between July 1 2022 and June 30 2023 can CHOOSE whether to be accredited under the 2013 standards or the 2020 standards.
  • 2023/24 onwards: Any school expecting a Peer Review Visit from 1 July 2023 will be required to align with the 2020 Standards.

Any school that is currently in the initial accreditation process, and expects to have a peer review visit after July 2021 should consult with their AACSB Staff Liaison to discuss their preferred transition time

Where can I learn more about the new Standards?
The new standards and AACSB’s Interpretative Guidance document are good places to start.  All of the new documentation is available on AACSB’s website.  Of course, AACSB will be rolling out a comprehensive set of learning events, to support Schools’ transition to the new standards.  In addition, QED will be partnering with RimaOne in Autumn 2020 to provide a set of three free webinars, targeting key areas of focus within the new standards.  QED will also be providing in-school workshops and briefings (virtual events, and – when travel permits – on-site) – tailored to the specifications of each client.  For any information on QED webinars, briefings or workshops, please contact QED directly.

For advice and further details on any of the above, please contact the QED Accreditation Team at info@QEDaccreditation.com.

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Thursday Thought #12

By | Thursday Thought

In the context of Covid19, we’ve taken the unusual step of deciding to re-issue each of the Thursday Thought series from 2019 (12 in total) in a slightly revised version.  Each post will consist of the original quotation (to do with leadership and self-reflection), followed by a short comment and a question designed to provoke thought.

#Week 12:

What am I doing to lead myself – today and every day?

leaders-are-different-11

Thursday Thought #11

By | Thursday Thought

In the context of Covid19, we’ve taken the unusual step of deciding to re-issue each of the Thursday Thought series from 2019 (12 in total) in a slightly revised version.  Each post will consist of the original quotation (to do with leadership and self-reflection), followed by a short comment and a question designed to provoke thought.

#Week 11:

Everyone has the capacity to demonstrate leadership – from the kid in the playground, to the leader of a country.  If our behaviour and actions have the potential to influence those around us, we are demonstrating leadership.

Where can I observe leadership in action today (and what can I learn)?