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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. 

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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EFMD Programme Accreditation: Updates 2024

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EFMD Programme Accreditation: Updates 2024

The EFMD team has issued the 2024 updates for EFMD Programme Accreditation. The 2024 updates do not include any changes to the Standards, but do provide significant additional clarity and guidance on Internationalisation and ERS within the context of Programmatic Accreditation.

QED has provided its own summary of the changes (available here). As always, the views in any QED Update reflect QED’s interpretation of updates and changes.  We’ve also provided a link to the original documents on EFMD’s website, and (as always) recommend that you refer directly to the original documentation for further insights into any of the changes.

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.