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EFMD Accredited

Jun 25
0

EQUIS 2024 Updates

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EQUIS 2024 Updates

 

EFMD revises the documentation supporting EQUIS periodically.  QED’s overview of the updates made as part of the 2024 publication, together with an assessment of the significance of the change can be found in this downloadable PDF file. 

As usual, clarification and guidance points have been updated within the EQUIS Standards and Criteria.  Two areas of the standards should be particularly noted: 

  • Standard 5 (Research) has been completely re-written.   
  • It now focuses very specifically on two research categories (academic publications and practice-oriented publications).  Pedagogical scholarship is no longer a category within Standard 5, but is included as one of the (practice-oriented) fields of researchand is also linked directly into Standard 2 (see below).   
  • The Assessment Criteria have been rewritten (though many of the principles behind the criteria remain as before) 
  • There is a greater focus on more ‘holistic means of research evalution’ and this also translates into changes in the Data Sheet. 
  • Standard 2 Assessment Criteria now includes a section on ‘pedagogic development and innovation’.  In addition, there are additional questions linked to the impact of degree programmes on their relevant constituencies.  

The Process Manual and related Annexes have also been reviewed. Duplication has been minimised and detailed guidance has been moved to the Annexes where relevant.  A cross map of this is provided in Appendix 2 and Appendix 3 below.  Key areas of significance to note include: 

  • The Datasheet has been updated.   
  • Tables have been renumbered – which may impact schools preparing their SAR (e.g. cross references to tables within the Datasheet. 
  • Some additional information is required to support evidence of practice-oriented research activities (Table 12a to 12d) 
  • Additional guidance has been provided in several of the annexes (e.g. Annex 7 EQUIS Advisory Guide; Annex 10: Peer Review Visit Guide). 

 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. 

May 12
0

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.

Apr 04
0

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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Apr 11
0

EFMD Programme Accreditation: Updates 2023

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EFMD Programme Accreditation: Updates 2023

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

The 2023 updates are not significant and focus on providing additional clarity and guidance in key areas.

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.

Dec 15
0
Image for article on MBA degrees

New article – Managing MBA Degree Offers as a Portfolio

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Image for article on MBA degreesRead a recent article that calls for greater focus on degree connectivity when managing MBA offerings. The article has been co-authored by Ulrich Hommel (Xolas), Joanne Powell (QED) and Sarah Hardcastle (Hardcastle and Associates); and published in MBA International Review, Nr. 82, pp. 14-16.   A copy of the article is also available here.

This article focuses on the advantages of managing a portfolio of MBA degrees as a portfolio. Whilst this might sound tautological, it reflects our experience that many business schools continue to run MBA programs on a relatively stand-alone basis, which can be explained by path dependency or internal governance arrangements. More typical is what we term the traditional portfolio approach, a focus on increasing gross revenue returns via market segmentation and realizing cost economies by pooling activities across programs.

We suggest a complementary and generally overlooked viewpoint that offering MBA programs with within portfolio connectivity in mind can help to realize revenue (and additional cost) synergies that increase gross returns in the aggregate. They will “carry the day” if outweighing the opportunity cost of de-segmentation of the overall offer.

Email QED to learn more
Nov 21
0

QED Advisor nominated for LIFT Award

By | News, Resource

QED advisor,  Joanne Powell, has been nominated for a LIFT (https://liftireland.ie/) award in the leadership category of Competence. Her nomination included reference to her “love for learning and self improvement and implementing change for the betterment of the organisation” and also noted that she “is highly respected and hugely trusted because of her competency.“

LIFT Ireland is a social enterprise aimed at increasing the level of positive leadership in Ireland.  All nominations are being reviewed in the coming weeks, with the shortlist being announced in early January, before the live awards ceremony (date tbc).  To learn more about the LIFT values and LIFT process, visit https://liftireland.ie/about/

Email QED to learn more
Nov 14
0

Accreditation Fees & Costs – Nov 2022

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 11 November 2022.  These can be viewed here.

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