AACSB In International Update and Dis iscussion SBAA Meeting November2016 Michael Wiemer, Vice President and Chief Officer Americas Robert Reid, Chief Accreditation Officer
Catalysts for Innovation Co-Creators of Knowledge Enablers Leaders on of Global Leadership Prosperity Hubs of Lifelong Learning
Powering business creation and economic development through entrepreneurship and management innovation Catalysts for Innovation
Convening and partnering at the intersection of academia and practice to reveal new insights Co-Creators of Knowledge
Hubs of Lifelong Learning Connecting expertise and experiences to create opportunities across career life cycles
Leaders on Leadership Discovering new insights into effective leadership, and creating environments that train and nurture leaders
Driving positive impact and encouraging students to use management skills for the greater good Enablers of Global Prosperity
Cultivate a Position at Drive Innovation Connect With the Intersection in Higher Other Disciplines of Academia Education and Practice
Visit www.aacsb.edu/vision Download the report Explore the resources to help you communicate about the Collective Vision Attend sessions around the Collective Vision at AACSB Events Join the conversation @ #AACSBenvisions
AACSB’s New Mission and Vision
AACSB’s Strategic Change Agenda and Ali ligned Organizational Stru ructure
AACSB’s Strategic Change Agenda – Top 5 5 It Items • Recognized worldwide as the premier mission-driven accreditation for business education. • Strong proactive advocate for business education and the contributions made by business schools. • Increase awareness of the value of business education, AACSB Accreditation and participation in the AACSB Network. • An intuitive, user friendly interface for business education intelligence. • Demonstrate an awareness of global inclusion and diversity issues, offering significant opportunity for understanding, identifying, and modeling related best practices.
AACSB Network Reach
Membership: The Power of Belonging to a Global Network • A century of success and a collective vision for the future • Largest global business education network • Access to business education intelligence and effective practices (DataDirect, BizEd, LINK, AACSB Explores) • More opportunities to share and collaborate globally (conferences, seminars, webinars, Affinity Groups, Exchange, social media, faculty collaboration, student exchange programs) • Advocating for business education and AACSB accreditation worldwide • Making a difference through volunteering
Reach of AACSB International AACSB-accredited members present AACSB members present No AACSB members present Distribution of schools as of August 31, 2016.
Macro-Regions In Accreditation Macro-Region AACSB Members AACSB-Accredited Process Americas 769 52% 556 72% 54 27% Asia-Pacific 325 22% 100 13% 76 38% EMEA 392 26% 119 15% 71 35% Global 1,486 100% 775 100% 201 100% Source: AACSB data and analysis as of 5/13/2016. Note: Percentages may not sum to 100 due to rounding.
Sub-Regions Macro- AACSB- In Accreditation Sub-Region AACSB Members Region Accredited Process Americas Canada 41 3% 22 3% 8 4% Americas United States 647 44% 515 66% 33 16% Americas Latin America & Caribbean 81 5% 19 2% 13 6% Central, Southern, South- Asia-Pacific 283 19% 78 10% 69 34% Eastern, and Eastern Asia Asia-Pacific Oceania 42 3% 22 3% 7 3% EMEA Africa 29 2% 4 1% 2 1% EMEA Middle East 71 5% 16 2% 13 6% EMEA Europe & Near East 292 20% 99 13% 56 28% Global Global 1,486 100% 775 100% 201 100% Source: AACSB data and analysis as of 5/13/2016. Note: In this table, “United States” excludes U.S. territories in Oceania and the Caribbean . Percentages may not sum to 100 due to rounding.
Advocacy & Awareness Initiatives
Busin iness Schools as a Force for Good
AACSB Accredited School Grads are Workforce Ready • 90 percent of ranked schools hold AACSB accreditation and represent the “best of the best” in business education • 95 percent of the chief executives on the FT500 with business degrees attended AACSB accredited institutions • 75 percent of candidates taking the CPA exam in the U.S. are graduates from AACSB-accredited schools and score 13 percent higher on average than students from other institutions • In 2015 GMAC survey , 86 percent of grads from AACSB accredited schools said their education provided a “competitive advantage” and they are “prepared them to meet the challenges” of the job market
The Im Impact – FY15-16 16
What’s Next? • Innovations That Inspire (Deans Conference 2017) • Student Entrepreneur Showcase (ICAM 2017) • Continued proactive outreach and engagement with the press • Expanded social media engagement to students and business • More Marketing Value of Accreditation tools • Enhanced search and functionality on BestBizSchools.com
Diversity and In Inclusion Update • Focus on advocacy, fostering and sharing best practice • Building a research and data strategy • BSQ module for benchmarking scorecard • Innovations that Inspire – Diversity Theme • Leveraging reach for global impact • Enhanced feedback on core values in eligibility process • Building a communications strategy (drum beats, tent poles and epic moments) • Expanding signatory commitment – Best Practices 2.0 • Expanded programming – concurrent and plenary sessions at events • Building and strengthening partnerships with other organizations (Ph.D. Project, GMAC, Forte Foundation) • Aspiring Administrators • Joint research with GMAC, conference participation • Men as Allies toolkit
Accreditation Update and Discussion
AACSB Pursues IS ISO Certif ificati tion • International Organization for Standardization (ISO) is globally recognized and aligned with AACSB’s accreditation processes • In September 2016, AACSB Board voted unanimously to pursue ISO 9000/9001 and withdraw it’s voluntary recognition from CHEA • Supports AACSB new mission, strategic change agenda, and collective vision for business schools
Accreditation Outcomes 2015 2015-16 16 In Init itial Accreditation • 28 new business accredited, 6 deferrals • 3 new accounting accredited, 1 deferral • 230 schools in process
Accreditation Outcomes 2015-16 16 Continuous Im Improvement Reviews 143 Schools: 117 extensions, 26 CIR2s (18%) Previous Years CIR2/6 th year rates: 14-15: 18% 13-14: 21% 12-13: 27% 11-12: 27% 10-11: 20%
Accreditation Outcomes 2015-16 16 Accounting CIR IRs 41 Schools: 39 extensions, 2 CIR2s (5%) Previous Years CIR2/6 th year rates: 14-15: 9% 13-14: 8% 12-13: 16% 11-12: 9% 10-11: 27%
Accreditation Discussion • How can the value of AACSB accreditation be increased? • How can the time and cost of AACSB accreditation be reduced without impacting the quality? • How does AACSB accreditation support or impede innovation?
AACSB In International Update and Dis iscussion SBAA Meeting November2016 Michael Wiemer, Vice President and Chief Officer Americas Robert Reid, Chief Accreditation Officer
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