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2003 Standards

Strategic Management Standards

A school articulates its mission and action items as a guide to its view of the future, planned evolution, infrastructure, and use of resources. The AACSB Accreditation review process is linked to a school’s mission. The strategic management standards verify that a school focuses its resources and efforts toward a defined mission as embodied in a mission statement.

AACSB Business Accreditation Standards 1–5 are related to the strategic management of a school.

Participants Standards

A direct link exists between a school’s mission, the characteristics of students served by the educational programs, the composition and qualifications of the faculty members providing the programs, and the overall quality of the school. Therefore, these standards focus on maintaining a mix of both student and faculty participants that achieve high quality in the activities that support the school’s mission.

AACSB Business Accreditation Standards 6–14 are related to participants (e.g., students and faculty).

Assurance of Learning Standards

Student learning is the central activity of higher education. Definition of learning expectations and assurance that graduates achieve learning expectations are key features of any academic program. The learning expectations derive from a balance of internal and external contributions to the definition of educational goals. Members of the business community, students, and faculty members each contribute valuable perspectives on the needs of graduates. Learning goals should be set and revised at a level that encourages continuous improvement in educational programs.

AACSB Business Accreditation Standards 15–21 are related to assurance of learning.