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EFMD

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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EFMD Programme Accreditation: Updates 2024

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EFMD Programme Accreditation: Updates 2024

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 2024 publication, together with an assessment of the significance of the change can be found in this downloadable PDF file.

The 2024 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.

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.

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.