Quality Assurance through Accreditation
Accreditation is a quality assurance process in which an institution of higher education or an academic unit within the institution voluntarily undergoes an independent appraisal of its educational activities. Specialized programmatic accreditation by the International Assembly for Collegiate Business Education is mission-driven and outcomes-based, and involves an independent, external evaluation of the business programs offered by an institution's academic business unit. The effectiveness of the academic business unit is evaluated by reviewing the educational processes related to teaching and learning in the institution, and by an assessment of the outcomes of the teaching-learning process.
The process of accreditation by the IACBE requires the academic business unit to prepare a comprehensive self-study in which it demonstrates the extent to which it meets the IACBE's "Accreditation Principles," which are its evaluation criteria for accreditation. In addition, the academic business unit must undergo a site visit by an independent team of professional peer reviewers. The academic business unit's self-study, the site-visit team's report of findings, and the academic business unit's response to the report are then reviewed by the IACBE's Board of Commissioners, which determines the accreditation status of the institution's business programs.
Specialized programmatic accreditation by the IACBE is a means by which students, parents, the business community, and other stakeholders of the institution can be assured that the academic business unit complies with high principles of excellence and follows best practice in business education. Furthermore, accredited schools have demonstrated a commitment to continuous improvement, excellence in business education, and advancing academic quality. Accreditation means that the academic business unit's programs are sufficiently strong to be considered as high-quality programs, and that the academic business unit is functioning effectively (e.g., is producing excellent student learning outcomes).
The IACBE’s Accreditation Process Manual describes the quality assurance process that is used by the IACBE in its accreditation of business programs and details the accreditation policies of the IACBE.