> Frequently-Asked Questions
Frequently-Asked Questions by Category
- What is program accreditation, and how does it differ from institutional accreditation?
- What does it mean for a business program to be accredited by the IACBE?
- How long does the accreditation process take? For how long is program accreditation valid?
- How can I learn more about the quality of an IACBE member’s business programs?
- What’s the difference between an individual member, educational member, candidate for accreditation, and accredited member?
- I’ve got a complaint against an IACBE-accredited business program. What should I do about it?
Institutional accreditation involves the examination of an entire college or university and all of its functions. In the United States, institutional accreditation is carried out by the six regional accrediting bodies and a number of national accrediting bodies that have been recognized by the United States Department of Education. Institutional accreditation by a recognized accrediting body is required in order for students to have access to federal funds. Outside of the United States, most countries have government-based institutional accreditation.
Program accreditation, such as that provided by the IACBE, involves a specific and comprehensive evaluation of particular programs offered by a college or university. Programmatic accreditation is available in many different disciplines. The IACBE provides a process by which colleges and universities can earn program accreditation for their business programs.
In its accreditation reviews, the IACBE implements a quality assurance process that involves a comprehensive set of accreditation principles pertaining to academic resource measures, educational processes, and outcomes assessment. In order for its business programs to be accredited by the IACBE, an academic business unit must demonstrate compliance with these principles. The nine major areas covered by these principles are:
- Outcomes Assessment
- Strategic Planning
- Scholarly and Professional Activities
- Internal and External Relationships
- International Business Education
- Educational Innovation
In order for a business program to become accredited, the academic business unit that offers the program must first become a Candidate for Accreditation. It must then produce a self-study that addresses each of the IACBE’s Accreditation Principles. A team of highly-trained peer reviewers then visits the institution and produces a report detailing the extent of compliance with the IACBE’s Accreditation Principles. The self-study, site-visit report, and the academic business unit’s response to the site-visit report are reviewed by the IACBE Board of Commissioners. In order for the commissioners to grant accreditation, the business programs must be in compliance with the IACBE’s Accreditation Principles.
To be accredited, therefore, means that an institution and its academic business unit have made a commitment to excellence in business education, and that their business programs have been evaluated by independent, external reviewers and have complied with the IACBE’s Accreditation Principles.
For more information about IACBE accreditation and the IACBE’s Accreditation Principles, please see our Self-Study Manual:
Once an academic business unit has been accepted into candidacy, it has up to five years to complete the accreditation process and achieve accreditation for its business programs. The process typically takes 2-4 years. When the IACBE Board of Commissioners grants accreditation, it is valid for a period of up to 7 years. At that time, the academic business unit prepares a new self-study, undergoes a new site visit, and is reviewed for reaffirmation of accreditation by the Board of Commissioners.
If a business program is accredited by the IACBE, the academic business unit has demonstrated that the program complies with the IACBE’s accreditation principles. To learn what programs are accredited, the date of the next site visit, and other details pertaining to an accredited member of the IACBE, please go to the Member Status Information page where you can search our member database by various member criteria.
Where can I find information about the differences between an individual member, educational member, candidate for accreditation, and accredited member?
Differences between the various categories of membership in the IACBE are detailed on our Membership page.
The IACBE has developed a Procedure for Third-Party Complaints. This procedure is designed to provide the information necessary to determine whether further investigation by the IACBE is warranted, and to protect the rights of students, parents, IACBE members, the IACBE, and the public. This procedure must be followed in order for the IACBE to investigate a complaint. For detailed information about this procedure, please see the IACBE’s Accreditation Process Manual.
- As a prospective student, what does IACBE accreditation mean for me?
- Will IACBE accreditation allow my degree to be recognized by institutions in other countries?
- Does IACBE accreditation help to ensure the acceptance of transfer credits?
IACBE accreditation helps to ensure that your business degree is of high-quality. IACBE-accredited programs have undergone a rigorous self-evaluation and on-site evaluation by highly-trained reviewers. In addition, the institution and its academic business unit have demonstrated a commitment to excellence in business education and are involved in a continuous quality improvement process based on the assessment of student learning outcomes.
Institutions with IACBE-accredited business programs typically accept business degrees from other institutions with IACBE-accredited business programs. Earning a business degree from an institution with IACBE-accredited programs can enhance the likelihood that your degree will be recognized by other institutions.
The IACBE accredits business programs, not entire institutions or individual courses. The decision to accept transfer credits depends entirely on the individual institution and varies by institution.
- For how long has the IACBE been in existence?
- Is the IACBE recognized by the Council for Higher Education Accreditation (CHEA)?
- Is the IACBE recognized by the United States Department of Education?
- What does it cost to be a member of the IACBE?
- How much are dues if we join in the middle of the year?
- How much does a candidacy visit cost?
- How much does a site visit cost?
- How do we become a member of the IACBE?
- What forms of payment do you accept for dues, conferences, and special events?
- How long does it take for programs to become accredited?
- Does the IACBE have a mentoring program?
- Should I attend the IACBE annual conference?
- How do I become a site visit peer reviewer?
The IACBE was founded in 1997.
The Board of Directors of the Council for Higher Education Accreditation (CHEA) has granted recognition to the IACBE.
The United States Department of Education does not recognize professional accrediting associations in business. Therefore, none of the business accrediting associations are recognized by the U.S. Department of Education.
Academic business unit membership dues billed in 2014 for the 2015 membership year are $2,450. For accredited members, there is an additional $500 fee for accreditation maintenance. Annual membership dues are payable in advance and must be paid before December 15, 2014, or late fees will be assessed. Honorary members of the IACBE do not pay membership dues.
Note: Annual membership dues for 2016 will be $2,450 in addition to an accreditation maintenance fee of $500 for accredited members. These dues and fees will be billed in mid-May or June 1, 2015, and will be due by December 15, 2015.
Annual dues for the 2014 membership year are $2,450. For new members of the IACBE, membership dues for 2014 are prorated according to the date of joining as follows:
January 1 - February 28
March 1 - April 30
May 1 - June 30
July 1 - August 31
September 1 - October 31
November 1 - December 31
Remainder of 2014 Dues Waived
Note: Annual membership dues for 2015 will be $2,450 in addition to an accreditation maintenance fee of $500 for accredited members. These dues and fees will be billed in mid-May or June 1, 2014.
Costs for candidacy visits within the continental United States are usually less than $2500. For information about costs of candidacy visits outside the continental United States, please contact IACBE World Headquarters.
Costs for site visits within the continental United States are usually less than $5000. For information about costs of site visits outside the continental United States, please contact IACBE World Headquarters.
In order to become an educational member of the IACBE, an academic business unit must submit an application for educational membership, pay its membership dues, provide evidence that its parent institution has a publicly-stated mission appropriate to a college or university, submit a copy of the most recent catalog for the institution’s undergraduate and graduate degree programs, and provide evidence that its parent institution has nationally-recognized institutional accreditation (or its equivalent) and grants business degrees at the bachelor’s, master’s, or doctoral level. For more information about becoming an educational member of the IACBE, see our Accreditation Process Manual.
Payments may be remitted by check, by credit card, or by wire transfer. Checks should be mailed to the IACBE at 11374 Strang Line Road, Lenexa, KS 66215 USA. For credit card payment and wire transfer information, please contact Ms. Kim Caedo, Director of Finance, at IACBE World Headquarters.
Once an academic business unit has been accepted into candidacy, it has up to five years to complete the accreditation process and achieve accreditation for its business programs. The accreditation process typically takes 2-4 years.
Yes. The IACBE has established a mentoring program to assist its members through the accreditation process. For more information about this program, please see our Mentoring Program page.
The Annual Conference and Assembly Meeting (ACAM) provides an excellent opportunity to learn more about the IACBE and its accreditation process. It is also a significant professional development opportunity where sessions on best practices in business education are presented by experts from IACBE member institutions. In addition, the ACAM provides excellent networking opportunities. IACBE conferences are known for their positive, collegial atmosphere. For more information about our next annual conference, please see our Annual Conference and Assembly Meeting page.
In order to become a site-visit peer reviewer, you must successfully complete a training process. Site-visit peer reviewer training is conducted at the annual conference and at special workshops throughout the year. For more information, please contact IACBE World Headquarters.