FEB UI sends delegation to BAS AACSB at Singapore Management University
DEPOK – (6-7/6/2022) International accreditation is an essential means of making improvements to the quality of education, as well as increasing the recognition of universities on a global level. Regarding business schools, the Association to Advance Collegiate School of Business (AACSB) is one of the world’s best, oldest, and most prestigious accreditations, and less than 5 percent of business schools in the world are AACSB accredited.
As a business school that continues to improve performance and impact continuously, FEB UI has an interest in sending a delegation to the AACSB Business Accreditation Seminar (BAS) held at Singapore Management University (SMU) on Monday and Tuesday (6-7 /6/2022).
The presence of the AACSB delegation was not only to learn about the new 2020 Standards, which were released in July 2020 and take full effect in July 2023, but also to network, become part of the world’s community of AACSB-accredited business schools, and to prepare for the AACSB Peer Review Visit (PRT), held September 4-7, 2022.
Participants were fortunate; the first BAS to be conducted offline after Dr. Stephanie Bryant directly facilitated the pandemic, Executive Vice President and Global Chief Accreditation Officer, who was also the initial initiator of the 2013 Standards change to the 2020 Standards, and Dr. Geoff Perry Executive Vice President, Global Chief Membership Officer & Managing Director the Asia Pacific at AACSB International.
Representing FEB UI were Dr. Dyah Setyaningrum, Head of Dean Office, Strategic Planning, Evaluation, and Monitoring – International Ranking (DOSPEM-IR), Yeshika Alversia, MBA, Head of AACSB International Accreditation Committee, and Wahyu Jatmiko, Ph.D., Member of AACSB International Accreditation Committee. FEB UI representatives joined participants from Australia, Bangladesh, India, Kazakhstan, Malaysia, Pakistan, Singapore, Thailand, and other countries.
The BAS discussed all of AACSB’s 2022 Standards. Stephanie and Geoff took turns facilitating the discussion with interactive methods. Participants were divided into groups to discuss the standards in the context of their respective business schools.
There are some significant changes as an implication of the transformation of AACSB Standard 2013 to AACSB Standard 2020. Although FEB UI still uses the 2013 Standards in the Initial Accreditation process, the Continuous Improvement Review (CIR) re-accreditation process for the next five years will use the 2020 Standards. Some adjustments have also been made in the Initial Accreditation to ease the transition from the 2013 AACSB Standards to the 2020 Standards.
The main difference between the two standards is the transformation of the standard philosophy to be more principles-based rather than rules-based. “The implication is that the standard does not dictate what universities should do, but rather provides key principles that are universally recognized as important for business schools to implement,” Stephanie said.
The second significant change is the increasingly central role of societal impact. The vision, mission, strategy, and contribution of business schools must be able to make a measurable impact on their social environment, locally and globally.
Another transformation comes from the disciplinary basis in grouping lecturers and researchers in business schools, not solely on departments or study programs as previously done in the 2013 Standards, but on disciplines. That shows that the business school has competent and sufficient resources in each discipline.
Finally, adjustments were made to improve the reporting process by streamlining data reporting. For example, “Assurance of Learning (AoL) only needs to be done twice in one accreditation period (5 years),” Geoff said.
FEB UI delegates were active in sharing their experiences with the forum. In addition, FEB UI delegates also took advantage of refreshment and networking sessions to socialize, share experiences, and ask questions directly to participants from different institutions and countries and Stephanie and Geoff. They are vital in decision-making and accreditation processes, especially in Asia Pacific countries.
(rio)
