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Apr 04
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Accreditation Fees & Costs – April 2024

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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 March 2024.  These can be viewed here.

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May 12
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Internationalisation: Curtin Verhoeff Model (template)

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Internationalisation: An approach to setting indicators of achievement

Internationalisation within higher education business schools is a mulit-dimensional concept. EFMD, within the EQUIS Standards, provides a framework for Schools to assess and measure internationalisation (Chapter 8 of the EQUIS Standards).  A model to further build on this framework has been devised by Helen Verhoeff at Curtin Business School (Australia) and, with her kind permission, this template is shared in this downloadable PDF file.

Please note, any use of this template framework should acknowledge the Curtin Verhoeff Model.

Links to the EQUIS Standards can be found here. (Link valid at 15/4/2024)

 

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

Feb 22
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EFMD Programme Accreditation: Updates 2024

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EFMD Programme Accreditation: Updates 2024

The EFMD team has issued the 2024 updates for EFMD Programme Accreditation. The 2024 updates do not include any changes to the Standards, but do provide significant additional clarity and guidance on Internationalisation and ERS within the context of Programmatic Accreditation.

QED has provided its own summary of the changes (available here). As always, the views in any QED Update reflect QED’s interpretation of updates and changes.  We’ve also provided a link to the original documents on EFMD’s website, and (as always) recommend that you refer directly to the original documentation for further insights into any of the changes.

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.