Accreditation Standards
ABSTRACT
This assignment is designed to illustrate the standards of Accreditation. The standards related to the AACSB, ACBSP and the EFMD deals in detail including the topics like strategic management standards, standards for the faculty and students, etc. The strategic management standards include Mission Statement, Intellectual Contributions, Continuous improvement objectives, Financial Strategies and others. The student and faculty standards have been detailed in the light of Student Admission, Student Retention, Staff sufficiency and student support, Faculty sufficiency, Faculty qualifications, Faculty Management and Support, Individual Faculty Educational Responsibility, Student Educational Responsibility, etc. The second chapter deals with the standards of ACBSP based on Leadership, Strategic Planning, Student and Stakeholder Focus, Measurement and Analysis of Student Learning and Performance, Faculty and Staff Focus and Educational and Business Process Management. The third chapter discusses the EFMD - EQUIS Accreditation standards based on Mission, Governance and Strategy, Personal Development of Students, Research and Development, faculty and Contribution to the Community. Finally, the comparison of the AACSB and EQUIS standards has been outlined according to planning, inputs, processes or outcomes.
REFERENCES
Costin, H. and Hamilton, D. Quality in business education as measured and ranking systems. Int. J. Management in Education, Vol. 3, Nos. ¾, Inderscience Enterprises Ltd.
Deming, W.E. (1975) ‘On some statistical aids toward economic production’, Interfaces, Vol. 5, No. 4, pp.1–15.
Web: http://www.aascb.edu. Eligibility Procedures and Accreditation Standards for Business Accreditation. AACSB International – The Association to Advance Collegiate Schools of Business. Revised; Jul 1, 2009.
Web: http://www.efmd.org/equis. European Foundation for Management Development (EFMD) – Equis Standards and Criteria (EQUIS)
Web: http://www.acbsp.org. Association of Collegiate Business Schools and Programs (AACSP): Standards and Criteria for Demonstrating Excellence in Baccalaureate/Graduate Degree Schools and Programs.