I. Rationale
How a school manages its resources is a crucial part of its success both in meeting its
mission and other components of its strategic plan. Resources in Standard 2 include all
types of resources with the exception of faculty and professional staff, which are
covered in Standard 3. In this standard we set the expectation that a school can
demonstrate operational vitality to achieve ongoing operations, as well as the resources
to achieve their strategic initiatives as identified by the school. Also of interest is the
overall operating budget and efficiency measures related to the budget, and how the
school’s budget has changed since the last review. An AACSB-accredited school
should be able to demonstrate financial health, a sound financial model, and facilities
and technology appropriate to a quality education.

II. Clarifying Guidance
Physical Resources
Here the peer review team is concerned with the quality of the school’s facilities,
including buildings, furniture, and fixtures. Is the space in good condition, or is it in
disrepair? Are there any safety issues with respect to the space? Additionally, the
physical space in which the business school conducts classes is expected to be
reflective of current pedagogies. Sufficient space for team activities and other
collaborative activities should be available to learners. That space may be located in
other places besides the business school (e.g., the library).
Virtual Resources
Technology is expected to be infused through the curriculum and is vital to the
production of scholarship and thought leadership. Here the peer review team will seek
to determine whether the school has current computing technology—both hardware and
software—for faculty and staff that is sufficient to achieve the school’s mission and
strategic plan. For example, do faculty have access to the databases or other sources
of data needed to conduct research? Is the technology infrastructure current to support
the desired teaching quality and modality?
Financial Resources
Table 2-1 is included for the school to demonstrate its financial vitality from a strategic
perspective.

III. Sample Table