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EFMD

Accreditation Fees & Costs – Oct 2020

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.  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).  These can be viewed here.

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EQUIS: Updates to standards and guidance 2020

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EQUIS Standards and Guidance: Updates 2020

EFMD revises the documentation supporting EQUIS periodically and updates are normally provided at the start of each calendar year.  QED’s overview of the updates made as part of the 2020 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 EQUIS Updates.  We recommend that you view the updated documents directly – which are available from EFMD’s website:

In addition, EFMD has provided its own summary of the main changes to the Standards.  This document (in tabular format) is available from the EFMD website here.

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.

QED Leadership Lens – Ep 2 – Retaining and Increasing Agility in Innovation

By | QED Leadership Lens, Resource

QED’s Leadership Lens

In Episode 2 of QED’s Leadership Lens, we reflect on the theme ‘Retaining and Increasing Agility in Innovation‘ with: Joanne Powell (QED), Jeanette Lemmergaard (Southern University of Denmark), Joan Baker (Leadership Consultant)  and Julie Perrin-Halot (Grenoble Ecole de Management).

QED launched its Leadership Portfolio in 2019.  Part of its remit is its mission to explore practical leadership themes with senior management teams in the higher education sector (not just Business Schools) – through a mix of workshops, training events, coaching and seminars. QED’s Leadership Lens is a series of short (20-30 minute) conversations about some key leadership topics that resonate with our experiences in the sector.

If you would like to discuss your organisation’s leadership needs with QED, please contact us to arrange a free, no-obligations initial consultation.

QED Leadership Lens – Ep 1 – Perfection slows you down

By | QED Leadership Lens, Resource

QED’s Leadership Lens

QED launched its Leadership Portfolio in 2019.  Part of its remit is its mission to explore practical leadership themes with senior management teams in the higher education sector – through a mix of workshops, training events, coaching and seminars.

QED’s Leadership Lens is a series of short (20-30 minute) conversations about some of the key leadership topics.  In Episode 1, join Jeanette Lemmergaard (Southern University of Denmark), Joan Baker (Leadership Consultant), Joanne Powell (QED) and Julie Perrin-Halot (Grenoble Ecole de Management) for some thoughtful consideration of the theme ‘Perfection slows you down‘.

If you would like to discuss your organisation’s leadership needs with QED, please contact us to arrange a free, no-obligations initial consultation.

Case Study: Accreditation – A Dean’s Perspective

By | Case Study, Resource

 

UCD is one of the schools that QED worked with over several years; assisting with international accreditation reviews and ultimately helping them to achieve the “Triple Crown” of AACSB, AMBA and EPAS accreditations (the ninth school in the world to reach such a significant milestone).

Mary Lambkin (former Dean of UCD) describes the experience in our short video, below.