9) Research AACSB requires research to be conducted in accordance with the school’s mission.

Another reason is that the best schools in some regions, not meeting one or more criteria of accrediting international institutions, have decided not to change their policy. Prominent examples are the top US business schools: Harvard Business School, Wharton, Stanford GSB, Columbia Business School, Chicago Booth, etc., which do not meet the requirements for three years of work experience for students nominated by AMBA.

Thus, the accreditation of the « Triple Crown » is a mark of quality for MBA programs around the world, which consider the relevant experience to be a fundamental factor in the successful completion of the program.

In Ukraine, no educational institution has triple accreditation, however, the MBA programs of the University of Sheffield in Ukraine and the International Institute of Business are AMBA accredited.

List of schools accredited by the « Triple Crown » (as of November 2011)

United Kingdom (13 schools)

Ashridge Business School, Berkhamstead, UK Aston Business School, Aston University, Birmingham, UK Cass Business School, City University London, London, UK Cranfield School of Management, Bedfordshire, UK Durham Business School, Durham University, Durham, UK Hull University Business School , Hull, UK Henley Business School, Henley-on-Thames and Reading, UK Lancaster University Management School, Lancaster, UK London Business School, London, UK Manchester Business School, University of Manchester, Manchester, UK Open University Business School, UK University of Strathclyde Graduate School of Business, Glasgow, Scotland, UK Warwick Business School, University of Warwick, Warwick, UK

France (12 schools)

Audencia Nantes, Nantes, France BEM – Bordeaux Management School, Bordeaux, France EDHEC (School of Northern Commercial Studies), Lille Nice, France EMLYON Business School, Lyon, France ESCP-Europe (École supérieure de commerce de Paris – Europe), Paris , France Euromed Management – School of Management and Business, Marseille, France Grenoble School of Business, Grenoble, France HEC Paris (Ecole des Hautes Etudes Commerciales), Paris, France INSEAD (Institut Européen d’Administration des Affaires), Fontainebleau, France Reims Management School, Reims, France Rouen Business School, Rouen, France Toulouse Business School, Toulouse, France

Canada (3 schools)

HEC Montreal Montreal, Canada Queen’s School of Business, Kingston, Canada Telfer School of Management, University of Ottawa, Ottawa, Canada

Spain (3 schools)

ESADE Business School and ESADE University Faculties, Barcelona, ​​Spain IE Business School, Madrid, Spain IESE Barcelona, ​​Spain

Germany (2 schools)

Mannheim Business School, Mannheim, Germany University of Mannheim, Mannheim, Germany (Undergraduate and Graduate Schools)

Hong Kong (2 schools)

Faculty of Business, City University of Hong Kong, Hong Kong Faculty of Business, The Hong Kong Polytechnic University, Hong Kong

Mexico (2 schools)

EGADE Business School, Tecnológico de Monterrey, Monterrey, Mexico Division Académica de Administración y Contaduría, ITAM, Mexico City, Mexico

New Zealand (2 schools)

University of Auckland Business School, Auckland, New Zealand Waikato Management School, Hamilton, New Zealand

Portugal (2 schools)

CATÓLICA-LISBON, School of Business Economics, Lisbon, Portugal NOVA School of Business and Economics, Lisbon, Portugal

Netherlands (2 schools)

Maastricht University, School of Business and Economics, Maastricht, The Netherlands Rotterdam School of Management, Erasmus University Rotterdam, Rotterdam, The Netherlands

Other countries

Aalto University School of Economics, Helsinki, Finland Antai College of Economics and Management, Shanghai Jiao Tong University, Shanghai, China Brisbane Graduate School of Business / QUT Business School, Queensland University of Technology, Brisbane, Australia Copenhagen Business School, Copenhagen, Denmark EAESP – Fundação Getúlio Vargas, São Paulo, Brazil IAE Universidad Austral, Buenos Aires, Argentina IESA, Caracas, Venezuela IMD Lausanne, Switzerland Kozminski University, Warsaw, Poland CENTRUM Católica, Pontificia Universidad Católica del Perú, Lima de Facult of Administration, Bogotá, Colombia University College Dublin, Michael Smurfit Graduate School of Business, Dublin, Ireland Vlerick Leuven Gent Management School, Ghent, Belgium

AACSB, AMBA and EQUIS: differences in accreditation

Each of these three institutes evaluates business schools according to different criteria and in different areas.

1) Area of ​​accreditation

AACSB has the widest scope, as the accreditation of management and accounting programs extends to the entire university. AMBA has the narrowest area of ​​accreditation, as it only accredits MBA (full-time, part-time, executive, distance learning), MBM (Masters in Business and Management) and DBA programs. The scope of EQUIS accreditation is in the middle, as this institute accredits business schools, not universities, and not specific programs.

2) Duration of the accreditation process

AACSB: 5-6 years. AMBA: 9-12 months. EQUIS: 2-3 years.

3) Re-accreditation

AACSB: 10-year accreditation with simplified re-accreditation for the fifth year. AMBA: full re-accreditation every 3 or 5 years. EQUIS: full re-accreditation every 3 or 5 years.

4) Group of experts

The AACSB peer review team includes deans and business school administrators. The AMBA evaluation team includes deans, their deputies, program directors and one AMBA representative. The EQUIS team includes only deans.

5) Quantitative and qualitative criteria

AACSB puts forward more quantitative criteria (control). AMBA has more quality criteria. EQUIS is halfway between AACSB and AMBA.

6) Internationalization

The compare and contrast essay online to buy AACSB evaluates the school’s mission, and thus the AACSB has no internationalization requirements unless the internationalization is part of the school’s mission. AMBA has internationalization criteria for research, curricula and students. However, they are being revised in a regional context for less internationalized regions (eg Latin America and Russia). EQUIS has strict requirements for internationalization.

7) Requirements for teaching staff

AACSB: There are certain requirements for the teacher-student ratio. AMBA: There are no specific requirements for the ratio of teachers and students. EQUIS: the minimum number of teaching staff has been determined.

8) Attitude towards part-time teachers

The AACSB does not endorse the widespread use of freelance teachers. AMBA allows the use of freelance teachers, as long as their number is small (and as long as the quality and content of the course are under control). EQUIS does not approve of the widespread use of freelance teachers.

9) Research

The AACSB requires research in line with the school’s mission. AMBA requires research and publications in international peer-reviewed journals. However, publications are considered in a regional context for less internationalized regions (eg Latin America and Russia). EQUIS requires international research.

10. Presentation of special criteria for programs

AACSB does not have specific program standards, as it evaluates the entire university. AMBA has the following criteria: a minimum of 3 years of full-time work experience for all MBA students accepted; at least 500 teaching hours with direct contact of students and teachers for a full-time MBA and a minimum of 120 hours for distance learning MBA; the enrollment must be at least 20 students. EQUIS does not have specific standards for programs, as it evaluates the entire business school.

Related links:

▶ International accreditation of Ukrainian business schools▶ Only 10% of business schools in the world are accredited by international organizations

12.01.2012

International accreditation of Ukrainian business schools

As the number of offers in the business education market grows, potential students are faced with the question of choosing a school that can provide quality educational experience.

One of the most objective criteria when choosing a place of future study can be the level of international recognition of the business school, which is not only an indicator of the quality of educational experience, but also an important factor to pay attention to in the business environment. An important component of such recognition is accreditation and presence in the rankings at the international level.

The undisputed leaders in setting world standards in business education are three world-renowned accreditation bodies: AACSB International (The Association to Advance Collegiate Schools of Business) – the main accrediting organization in the United States, AMBA (Association of MBAs) – a European accrediting organization based in the UK and EFMD (European Foundation for Management Development), the European Foundation for Management Development, based in Brussels.

Together, these three organizations are called the « triple crown » (accreditation), which is accredited by most business schools in the world. Today, only 68 global business schools have such triple accreditation.

Ukraine does not have the accreditation of the American Association for the Development of University Business Schools (AACSB), but there are programs accredited by the International Association of MBA Programs (AMBA), as well as business schools, although not accredited, but members of the European Foundation for Management Development (EFMD). …

Accredited by the International Association of MBA Programs (AMBA), which was established in the United Kingdom in 1967 and which accredits programs rather than business schools, 219 business schools from 53 countries have programs. There are seven such programs in Ukraine: 4 programs of the International Institute of Business and 3 programs of the International Institute of Management.