AACSB’s revised accreditation standards encourage schools to pursue more partnerships, both on their own campuses and with other institutions.
One of the most enriching experiences business students can have is stepping beyond the confines of their own colleges, campuses, or countries to complete some of their studies. Through collaborations between higher education institutions, students can gain international exposure or explore distinct fields that have close connections to business. Such partnerships have gained even more importance as business has become increasingly global in nature and as business schools look for ways to have greater positive impact on society.
But until recently, it was not a simple process for AACSB-accredited schools to create partnerships with other institutions. Accredited schools found the reporting structure to be extensive and labor intensive—and when they included all their partnerships in their accreditation reports, they sometimes saw negative effects on their faculty qualifications ratios and assurance of learning requirements.