Business School Accreditation

Accreditation Fees & Costs – April 2024

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 March 2024.  These can be viewed here.

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AACSB State of Accreditation Report 2023

By | Update

AACSB State of Accreditation Report 2023

AACSB’s 2023 State of Accreditation Report has been released. This is the second edition of the online report, and is a very valuable tool for all AACSB Schools.  It provides a summary of trends and insights, based on Schools’ interactions with AACSB during 2022/23 – including Accreditation visit outcomes; insights on the implementation of societal impact; feedback from PRTs in terms of best practices and innovation, as well as suggestions for key areas of focus.


AACSB welcomes feedback on the report through stateofaccreditation@aacsb.edu.   In addition, QED is always interested to hear your feedback, which you can submit by clicking the feedback button.

AACSB Business Accreditation Standards: Updates 2023

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AACSB Business Accreditation Standards: Updates 2023

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 2023 publication, together with an assessment of the significance of the change can be found in this downloadable PDF file.

The updates reflect clarification and additional explanation. These should not provide any significant change for schools.

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 – particularly to ensure the updates do not highlight any potential internal misunderstanding of AACSB principles and standards.

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.

WEBINAR RECORDING: An Introduction to International Business School Accreditation

By | Webinars

Are you new to the world of international business school accreditation?


Joanne Powell was the key speaker for a webinar hosted by KIMEP University’s Bang College of Business.  The topic is ‘An Introduction to International Business School Accreditation systems’, and it presents a high level summary of each of the top accreditations (AACSB, AMBA, EFMD Programme Accreditation, and EQUIS).  A recording of the webinar is available for viewing here (original English version) with translations in  Kazakh and Russian also.


If you’ve any questions on the topics raised in this webinar, please contact the QED Accreditation Team at info@QEDaccreditation.com.