All Posts By

admin@QEDAA

AACSB Business Accreditation Standards: Updates 2022

By | Resource

AACSB Business Accreditation Standards: Updates 2022

AACSB significantly updated its Business Accreditation Standards in 2020.  Since then it issues annual amendments and updates – usually on 1 July.

QED’s overview of the updates made as part of the 2022 publication, together with an assessment of the significance of the change can be found in this downloadable PDF file.

Many of the updates reflect clarification and additional explanation. However, there are a small number of changes which could potentially impact schools (particularly those schools that are pre-eligibility). As always, QED recommends that all schools within an AACSB accreditation process (whether initial or renewal) should review and ensure they have understood the changes and clarifications.

NB: QED’s material represents QED’s interpretation of the AACSB Updates.  We always recommend that you view the updated standards directly – which are available from AACSB’s website in the following formats: 

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.

AMBA Logo

AMBA: New MBA Criteria 2022

By | Resource

New AMBA MBA Criteria 2022

AMBA is committed to revising its MBA Criteria on a five year basis.  The previous criteria were issued in 2016, but the Covid 19 Pandemic delayed the issue of updated standards in 2021.  These have now been published (18 May 2022).  QED’s overview and summary of the updates made as part of the 2022 publication can be found in this downloadable PDF file.

NB: This document represents QED’s interpretation of the revised AMBA MBA Criteria 2022.  We recommend that you view the updated documents directly – which are available from AMBA’s website:

Currently (18 May 2022), all other documents remain unchanged and can be accessed on the AMBA website.

As above, QED’s overview and summary of the updates made as part of the 2022 publication can be found 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.

EQUIS: Updates to standards and guidance 2022

By | Resource

EQUIS Standards and Guidance: Updates 2022

EFMD revises the documentation supporting EQUIS periodically.  QED’s overview of the updates made as part of the 2022 publication, together with an assessment of the significance of the change can be found in this downloadable PDF file.

There are no significant changes published as at 28 February 2022.  Instead, the revised Standards and Criteria includes additional guidance on assessing Ethics, Responsibility and Sustainability. Institutions within the accreditation process OR preparing for re-accreditation are advised to review this guidance.

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

Currently, other documents remain unchanged, other than some minor updates (e.g. Fee Schedules) as set out in the QED summary The original EFMD documents are available on the EFMD website as outlined below.

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.

EFMD Programme Accreditation: Updates 2022

By | Resource

EFMD Programme Accreditation: Updates 2022

EFMD revises the documentation supporting EFMD Programme Accreditation periodically and updates are usually provided in the first third of each calendar year.  QED’s overview of the updates made as part of the 2022 publication, together with an assessment of the significance of the change can be found in this downloadable PDF file.

The 2022 updates are notable as they mark an extensive review, designed to provide “easier orientation” for viewers, as well as reflecting relevant developments and trends.  These trends are summarised within this document.

Overall, QED’s view is that the revised documents do not carry significant changes from an accreditation viewpoint.  They are easier to follow and reference, plus the increased emphasis perceived in previous updates is continued here – with specific identification of two key areas (digitalisation and research) as areas of focus. These two ‘areas of focus’ are in addition to the normal transversal themes of Internationalisation, ERS and Connections with Practice.

It should be noted that the updates and developments include several changes to the format and content of the EFMD Programme Accreditation Datasheet.

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

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.

Accreditation Fees & Costs – Oct 2021

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. For example:
    • 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), valid as of 26 October 2021.  These can be viewed here.

Contact us Today
QED Accredinator combined logos

Accredinator Updates – Sept 2021

By | Accredinator, Resource

The Accredinator – Summary of Updates to Sept 2021

H2 Software has launched the following updates to Accredinator.

Activity Updating and Reporting
  • Tables have been updated to reflect any changes made in the updates to AACSB, EQUIS and EFMD Accredited (formerly EPAS) standards and guidance.
  • Additional AACSB Faculty Classification details are now embedded into faculty profiles – so that users can see exactly how each faculty member’s activities contribute towards classification (in line with each School’s faculty classification policy).
  • An ‘Activity Survey‘ has been added: Using this, the Accreditation Team can download each faculty member’s listed activities. The template lists existing activities and provides space for faculty members to add new activities.  The updated survey can then be re-imported back into The Accredinator.  This means that the Accreditation Team does not have to re-key the activity information: it is automatically incorporated from the updated Activity Survey.
  • For AACSB, the activity import (as mentioned above) will automatically update the faculty qualification status where relevant.
  • The new ‘Hub’ section of the software (see ‘Additional Reporting’ below) facilitates reporting of activities  – filtered by date range, activity type etc.
External Parties (Industry links etc)
  • The software now includes the ability to add “External Parties” (such as collaborative partners, industry partners etc) and to link activities (such as publications, faculty engagement etc) to these parties.
  • It is also possible to tag exchange partners (Student exchange partners).
  • Summary reports can be generated – filtered by date, external party and country/region.
  • A map of partners can be printed – providing a useful visual of partner locations around the world (filtered by student exchange or industry partners)
Additional Reporting
  • The Accredinator now contains a central hub – to facilitate useful reports that are non-accreditation specific (e.g. list of faculty in post; list of activities by type etc);
  • It is now possible to print CVs and fact sheets for faculty members (based on the information held within Accredinator). CVs are organised into A-Z folders – so they can be copied into the virtual base room by a single click!
  • Additional functionality is being added to make reporting more accessible for other accreditations (such as Athena Swan; Prime etc)

The Accredinator is a software application that helps business schools with accreditation requirements for AACSB, AMBA and EFMD.  You can learn more about The Accredinator (including booking a free demo) here.

Learn more here