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OVERVIEW Association of Mbas MBA Accreditation Process Criteria 2008-11-7 OVERVIEW Association of MBAs MBA Accreditation Process Criteria Slide 2 2008-11-7 © AMBA • Presentation • Department • Author © AMBA • Presentation • Department • Author 1 2008-11-7 The Association of MBAs Founded 1967 “To advance business education at a postgraduate level” Trustees are MBA graduates – protectors of quality, reputation and value 155 member schools representing 68 countries Slide 3 2008-11-7 © AMBA • Presentation • Department • Author The Association’s Objectives Accreditation Providing world class accreditation for postgraduate management programmes at leading business schools Business Schools Delivering information and networking to accredited business schools, giving them the advantage in a competitive world Individuals Creating an exclusive network for MBA students and graduates from accredited programmes and supporting their professional development. Employers Raising awareness about the MBA and the importance of accreditation. Slide 4 2008-11-7 © AMBA • Presentation • Department • Author © AMBA • Presentation • Department • Author 2 2008-11-7 Accreditation Objectives With so many graduate business programmes on offer worldwide, quality has become key. The Association’s accreditation objectives are: – To promote graduate-level business education to institutions, prospective students, and employers, and to increase the supply of, and demand for, such programmes. – To ensure that the quality of graduate-level business education produces professional business leaders. Slide 5 2008-11-7 © AMBA • Presentation • Department • Author MBA Accreditation Independent International Market Driven Programme Specifc Slide 6 2008-11-7 © AMBA • Presentation • Department • Author © AMBA • Presentation • Department • Author 3 2008-11-7 The Market for Accreditation Institutions Prospective Students Graduates Employers Slide 7 2008-11-7 © AMBA • Presentation • Department • Author The Benefits of Accreditation For institutions, accreditation gives international credibility to their MBA provision and an overview of their position against international standards. Accreditation provides institutions with a distinct market advantage and international visibility for their programmes, as well as the opportunity for external peer review. Slide 8 2008-11-7 © AMBA • Presentation • Department • Author © AMBA • Presentation • Department • Author 4 2008-11-7 The Benefits of Accreditation For students, accreditation provides a list of institutions/MBA provision of guaranteed quality. For graduates, accreditation gives reassurance that their MBA will retain its value at a time when the market risks saturation. For employers, accreditation gives a recognised pool of talented graduates from which to recruit. Slide 9 2008-11-7 © AMBA • Presentation • Department • Author Accreditation as a Differentiator “More employers are reading the fine print before deciding whether MBA programmes have any value. Only those from the business schools in the UK with AMBA accreditation are likely to be taken seriously.” Chris Arnott The Guardian Newspaper January 2006 Slide 10 2008-11-7 © AMBA • Presentation • Department • Author © AMBA • Presentation • Department • Author 5 2008-11-7 Strategy International Development Geographic target regions: BRIC plus Increase portfolio MBM, MBA & DBA Develop services to member schools – Channel to market – Networks and information exchange – Research and Consultancy Centre Slide 11 2008-11-7 © AMBA • Presentation • Department • Author Accreditation Growth 2000 - 2008 Institutions with accredited MBA provision: – 155 schools in 68 different countries MBM programmes accredited: – 30 DBA Assessments – 5 in the first phase (HKPU, Kingston, Aston, Maastricht, Grenoble) Business Leadership Review – 5000 subscribers Slide 12 2008-11-7 © AMBA • Presentation • Department • Author © AMBA • Presentation • Department • Author 6 2008-11-7 ACCREDITED MBAs in CHINA ACEM Shanghai Jiaotong University Zhejiang University Hong Kong Polytechnic University City University Hong Kong Maastricht School of Management ENPC ESC Grenoble Helsinki School of Economics Birmingham Business School Slide 13 2008-11-7 © AMBA • Presentation • Department • Author International Accreditation Advisory Board Mr David Professor Nick Mr Christopher Professor Robert Professor Valerie Gravells Binedell Bones Dixon Gautier Chair, IAAB Dean Dean Dean Associate Dean Association of Gordon Institute of Henley Business Durham Business HEC Paris MBAs Business School School UK South Africa UK UK France Professor Professor Martyn Professor Nigel Professor Ms Lyn Hoffman Santiago Iniguez Jones Healey Andrew Lock Associate Dean de Onzono Pro-Vice Dean Dean Emeritus London Business Dean Chancellor University of Leeds University School Instituto de Kingston Business Canterbury BS Business School Empresa School New Zealand UK Spain UK UK Slide 14 2008-11-7 © AMBA • Presentation • Department • Author © AMBA • Presentation • Department • Author 7 2008-11-7 International Accreditation Advisory Board Mr Kai Peters Professor Dr Mark Oakley Professor James Professor CEO Howard Thomas Academic Director Wright Larissa Kartashova Ashridge Dean Arthur Lok Jack Director Warwick Business Graduate School FIA Univeristy of Deputy Rector School of Business Sao Paulo Sinerghia Institute UK Moscow UK Trinidad Brazil Russia Professor Philip Professor Dr Robert Owen Mr Carlos Ramos Ms Jeanette McLaughlin Michael Patry Director of International Purcell Dean Director Accreditation and Advisor Chief Executive Bordeaux BS HEC Montreal Business School Association of Association of Services MBAs MBAs Association of Argentina France Canada MBAs Slide 15 2008-11-7 © AMBA • Presentation • Department • Author MBA Portfolio Assessment The assessment of an institution’s MBA provision in its entirety On-campus programmes On-line/Distance Learning programmes Joint programmes with other institutions Single company and consortia MBAs Slide 16 2008-11-7 © AMBA • Presentation • Department • Author © AMBA • Presentation • Department • Author 8 2008-11-7 Process (1) INITIAL DISCUSSION – Consistency of Outlook LETTER OF INTENT PRE-ASSESSMENT VISIT SELF-AUDIT DOCUMENT ASSESSMENT VISIT – Director, 3 academics FEEDBACK REPORT TO IAAB FOR ENDORSEMENT Slide 17 2008-11-7 © AMBA • Presentation • Department • Author Process (2) Report to the IAAB will recommend: 1. Accreditation 2. Accreditation subject to qualification 3. Non-accreditation ACCREDITATION IS VALID FOR A MAXIMUM PERIOD OF FIVE YEARS Slide 18 2008-11-7 © AMBA • Presentation • Department • Author © AMBA • Presentation • Department • Author 9 2008-11-7 Process Diagram Slide 19 2008-11-7 © AMBA • Presentation • Department • Author Assessment Visit Agenda Day 1 - Private meeting of assessors in base room to examine further documentation. Day 2 - Formal meetings with senior faculty of school. – Characteristics of school and MBA with regard to criteria – Meetings with students/alumni/employers – Open meeting with faculty – Private meeting of assessors – Feedback to school Slide 20 2008-11-7 © AMBA • Presentation • Department • Author © AMBA • Presentation • Department • Author 10 2008-11-7 Costs (1) WESTERN EUROPE – Registration (and pre-assessment) £5,000 – Assessment £13,000 CHINA – Registration (and pre-assessment) £3,000 – Assessment £8,000 Slide 21 2008-11-7 © AMBA • Presentation • Department • Author Costs (2) Travel and accommodation costs of assessors to be covered by institution Registration and pre-assessment fee is non-refundable Annual license fee is £500 Slide 22 2008-11-7 © AMBA • Presentation • Department • Author © AMBA • Presentation • Department • Author 11 2008-11-7 MBA Definition The MBA is defined as a career development generalist programme for those who have significant and post- graduation work experience on which the learning process should build. The MBA is a career development generalist degree for those with significant relevant work experience, which contributes to learning. The emphasis is on leadership through strategic management with a significant practical and professional orientation to the programme of study. Slide 23 2008-11-7 © AMBA • Presentation • Department • Author Criteria - Introduction Used as a base for accreditation recommendations Developmental / judgemental At least one programme will have graduated students for a minimum of three years Conformation to criteria for three years prior to assessment Slide 24 2008-11-7 © AMBA • Presentation • Department • Author © AMBA • Presentation • Department • Author 12 2008-11-7 Criteria - Introduction The Institution The Faculty The Students Purpose and Outcomes Curriculum Mode and Duration Slide 25 2008-11-7 © AMBA • Presentation • Department • Author Criteria – The Institution (1) Mission, strategy and status Quality of teaching Research, consultancy and scholarship Internal / external audits Student feedback mechanism Slide 26 2008-11-7 © AMBA • Presentation • Department • Author © AMBA • Presentation • Department • Author 13 2008-11-7 Criteria – The Institution (2) Academic leadership / Organisational structure Administrative support Physical resources Career advisory service Pastoral care Alumni association Slide 27 2008-11-7 © AMBA • Presentation • Department • Author Criteria – The Faculty Qualified and credible Postgraduate with majority holding doctorates Staff development policy Size Integration Slide 28 2008-11-7 © AMBA • Presentation • Department • Author © AMBA • Presentation
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