victor hedenberg - association of mbas · 2019. 10. 8. · • letter of intent • application...

Victor HedenbergServices Manager

AMBA & BGA

BGA October 2019

What is BGA?

Our vision:

To be the leading global movement for responsible management, positive impact and lifelong learning.

Why BGA?

•Contemporary whole-School membership and accreditation body

• Responsible management• Measuring impact• Encouraging programme and

institutional innovation

BGA

• Combines academic excellence and practical relevance

• Broadens reach and charitable objectives

• AMBA remains an exclusive network

October 2019

The BGA Charter

What are the key differences between AMBA & BGA?

BGA

AMBA BGA

Quality enhancement Quality improvement

MBA focus Whole-School

Developing responsible leaders

Teaching responsible management at all levels

Exclusive Inclusive

Professional mentor Academic mentor

Membership via accreditation

Membership prior to accreditation

October 2019

BGA

Where are we today?

Launched in January 2019

Original target: 7 Business Schools

As of today:

October 2019

BGA

90 Business Schools

October 2019

The three tiers

Bronze: Membership

BGA

Silver: Validation Gold: Accreditation

October 2019

Bronze: Membership

Services

• Desktop review• Business Impact• Business School specific research• Event discounts and networking• Webinar series• Access to mentorship (additional fee)• Student membership

BGA October 2019

Student Membership

• Career Development Centre for job opportunities and employer data

• Business Impact • Online and event networking• Career development webinars• Book club• Partner offers

BGA October 2019

BGA October 2019

BGA

FREE

October 2019

Silver: Validation

• Desktop-based assessment of quality• Efficient, cost-effective quality assurance and

continuous improvement process• Possible interim stage• Based on BGA Charter• Portfolio of evidence

BGA October 2019

Gold: Accreditation

BGA

• Holistic accreditation• Non-prescriptive and impact focused• Socially responsible management

principles + practical entrepreneurial learning

October 2019

Gold: Accreditation

Five sections:

BGA

• Faculty

• Programmes

• Impact and value creation

• Institution

• Students

October 2019

Accreditation process

BGA

Application Stage

Development Stage

Assessment Stage

1 Month 12 - 24 Months 6 Months

October 2019

1. Application stage

BGA

• Letter of Intent• Application form (12 page form)• University details• Programme overview• Faculty and research• Initial impact assessment

• Reviewed by BGA accreditation director

October 2019

2. Development stage

BGA

• Continuous Impact Model (CIM) implementation for School improvement:• Selection of academic mentor• Set-up call between mentor,

accreditation director, and Business School

• Preparation and measurement of impact metrics

• Interpretation of impact metrics• Consultation and guidance

• Reviewed by BGA Accreditation Board

October 2019

BGA

Examples• Donations made by institution to various individuals, communities, and

organisations in need (Society)• Number and type of partnerships with public authorities (Ecosystem)• Number of faculty serving on academic boards / bodies (specify which bodies

and how this supports stakeholders) (Scholarship)• Percentage of start-up companies by students prior to graduation – six months

after – twelve months after (by programme) (Graduate achievement)• Revenues by programme from tuition (Provide details on how the money is

reinvested) (Value creation)

2. Development stage

October 2019

Assessment Stage

BGA

1. Preparation of the Self-Assessment Form (SAF)2. SAF reviewed by the BGA Accreditation Board3. Completion of the Self-Audit Report4. Composition of Base Room5. Logistical arrangements of travel and accommodation –

selection of Peer Review Panel (PRT)6. PRT visit7. Panel expenses to be invoiced to the School following

the visit

October 2019

Base room

BGA

• Safe haven for the panel (Wi-Fi, printer, tea/coffee)

• Separate to rooms used for discussions between the panel and the Business School

• No requirement to provide hard copy materials

• The focal point of Day One

• Used to triangulate and address queries raised following reading of the SAR and SAF documents

• For the use of the panel only for the duration of the visit.

October 2019

Pricing

BGA

Membership fee: £4,000 GBP / year

Validation fee: £3,000 GBP (every three years)

Accreditation fee: £15,000 GBP (up to five years)

Re-accreditation: £12,000 GBP

October 2019

AMBA & BGA Joint Accreditation

Why?:

• Time efficient• Reduced documentation• Combined within one visit

• Cost efficient• Only one assessment team• Combined fee of £22,500 instead of

£30,000

• All programmes and institutional aspectscovered

October 2019AMBA & BGA

AMBA & BGA Joint Accreditation

Process

• Full two-day visit• Second sample programme• Continuous Impact Model (CIM)

• Already developed impact metrics for the MBA

• Expected to demonstrate metrics over the initial accreditation period

AMBA & BGA October 2019

AMBA & BGA Joint Accreditation

Process

• Stage 1: Application• Stage 2: Pre-assessment• Stage 3: Assessment

AMBA & BGA October 2019

AMBA & BGA Joint Accreditation

Documentation

• AMBA SAF• AMBA SAR• BGA SAF (second sample

programme)• Condensed BGA SAR on impact

and programmes (sections four and five) utilising the developed CIM metrics

AMBA & BGA October 2019

Contact details:

UK: +44 (0)20 7246 2682

v.hedenberg@businessgraduatesassociation.com

accreditation@businessgraduatesassociation.com

Victor Hedenberg