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EFMD Accredited

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

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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EFMD Programme Accreditation: Updates 2022

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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.

Risk Management – Overview and Sample Template

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Risk Management & Business School Accreditation

Pro-active management of risk has assumed a higher significance in recent years – including in the higher education sector.  More recently, both AACSB and EFMD require business schools seeking international accreditation to provide details about risk management and contingency planning.  Many schools are now seeking to prepare a formal, school-level risk register or risk management template.  There are many ways to approach this exercise. QED has provided a sample overview and template register that may be useful for those schools approaching this exercise for the first time.

QED’s overview and example approach is available in this downloadable PDF file.

(Please note, you may have to log in download this file)

 

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

EFMD Programme Accreditation: Updates 2021

By | Resource

EFMD Programme Accreditation: Updates 2021

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 2021 publication, together with an assessment of the significance of the change can be found in this downloadable PDF file.

Whilst most changes are unlikely to be significant, there are a small number which should be considered by institutions within the accreditation process OR preparing for re-accreditation.

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.