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Requirements for Candidacy Status

Requirements for Candidacy Status

Learn how to become a candidate for accreditation by the IACBE.

> Requirements for Candidacy Status

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Candidacy Requirements

Interim Reports

Candidacy Timelines

Candidacy Costs

Apply for Candidacy Status

Candidacy Requirements

The purpose of becoming a candidate for accreditation (also referred to as candidacy status) is to provide the academic business unit with an opportunity to prepare itself to be in compliance with the IACBE’s Accreditation Principles, to develop a comprehensive self-study, and to undergo a site visit conducted by a team of professional peer reviewers from the members of the IACBE.

In order for an academic business unit to be considered for candidacy status and for its business programs to be eligible for accreditation by the IACBE, the academic business unit must:

  1. Be an educational member of the IACBE.
  2. Have enrolled students for at least two years in each business program to be considered for accreditation eligibility.
  3. Attend a workshop on “Developing a Comprehensive Outcomes Assessment Plan.” This workshop must be completed within one year immediately prior to the submission of the application for candidacy status.
  4. Submit a current and complete outcomes assessment plan. The assessment plan must encompass all business programs for which the academic business unit is seeking accreditation, must conform to IACBE expectations and requirements as outlined in the IACBE handbook entitled “Guidelines for Preparing an Outcomes Assessment Plan,” and must be prepared using the assessment plan template developed by the IACBE. Note: These documents are available for download at: Outcomes Assessment Documents.
  5. Submit an application for candidacy status, an application supplement containing programmatic information, and pay its application fee. Applications for IACBE candidacy status must be approved and signed by the institution’s chief executive officer (i.e., president, chancellor, director general), affirming the academic business unit’s commitment to abide by the accreditation policies and procedures of the IACBE and to attaining and maintaining excellence in business education.

    Note: The application must be submitted and the fee must be paid at least 60 days prior to the scheduled candidacy visit.

  6. Undergo a candidacy visit by an IACBE representative.
  7. Be reviewed by the IACBE Board of Commissioners.

Note: If two or more institutions have the same parent institution, organization, or entity, or if an institution is a branch campus or a separate educational or instructional site of another institution, and if the institutions maintain separate institutional names, then the academic business units in these institutions must maintain separate memberships with and undergo separate candidacy reviews by the IACBE.

The completed candidacy application and all supporting materials must be submitted to IACBE headquarters no fewer than 60 days prior to the candidacy visit. No explicit candidacy visit travel arrangements will be made and no candidacy visits will be conducted until the IACBE has received a complete set of candidacy materials.

The purposes of the candidacy visit are (i) to provide assistance to the academic business unit as it prepares to enter the candidacy phase of the accreditation process, (ii) to determine whether there are issues of concern pertaining to the resources, processes, business programs, or other aspects of the academic business unit’s operations that need to be addressed prior to beginning the self-study process, and (iii) to evaluate the readiness of the academic business unit to pursue IACBE accreditation.

If candidacy status is granted, it will cover a time period not to exceed five years. Under extenuating circumstances, a single extension of an academic business unit”s candidacy status may be requested upon written petition to the Board of Commissioners. In those cases in which an extension is granted, academic business units may be required to pay an extension fee and to undergo a mentoring visit in order to address the issues that led to the extension request.

A candidate for accreditation is not allowed to claim or imply accreditation by the IACBE until accreditation has been granted.

Once an academic business unit has been granted candidacy status by the Board of Commissioners, the institution may denote this status on its website, in its catalog and official publications, and in its advertising. However, the following form of notice and specific language must be used:

The [academic business unit] at [institution’s name] has been awarded the status of Candidate for Accreditation by the International Assembly for Collegiate Business Education (IACBE) located at 11374 Strang Line Road in Lenexa, Kansas, USA. In granting candidacy status, the IACBE has determined that the business programs in the following degrees are eligible for accreditation:

  • Doctor of [Philosophy, Business Administration, Management, etc.] in [list of fields]
    (with majors, concentrations, specializations, emphases, options, tracks, fields, or steams, etc. in [list of fields],
    if applicable)
  • Master of [Business Administration, Science, Arts, etc.] in [list of fields]
    (with majors, concentrations, specializations, emphases, options, tracks, fields, or steams, etc. in [list of fields],
    if applicable)
  • Bachelor of [Business Administration, Science, Arts, etc.] in [list of fields]
    (with majors, concentrations, specializations, emphases, options, tracks, fields, or steams, etc. in [list of fields],
    if applicable)
  • Associate of [Science, Applied Science, Arts, etc.] in [list of fields]
    (with majors, concentrations, specializations, emphases, options, tracks, fields, or steams, etc. in [list of fields],
    if applicable)

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Interim Reports

Interim reports are required of all academic business unit members of the IACBE, regardless of accreditation status. For details regarding this requirement, see our Interim Reports page.

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Candidacy Timelines

The IACBE’s Board of Commissioners meets three times per year – in the spring, summer, and fall – for the purpose of candidacy reviews. To assist our members in planning for the submission of their candidacy materials and undergoing candidacy visits, the following deadlines will apply for the three meetings of the commissioners each year:

Spring Meeting of the Board – April (Held in Conjunction with the Annual Conference and Assembly Meeting)

In order to be considered for candidacy review at the spring meeting of the Board of Commissioners in any given year, schools must comply with the following deadlines:


Deadline for completion of candidacy visit: January 15 of the same year
 
Deadline for submitting candidacy application, fee, and all supporting materials: 60 days prior to scheduled candidacy visit
Deadline for completion of required workshop on “Developing a Comprehensive Outcomes Assessment Plan”: Within one year immediately prior to submission of candidacy application

Summer Meeting of the Board – July

In order to be considered for candidacy review at the summer meeting of the Board of Commissioners in any given year, schools must comply with the following deadlines:


Deadline for completion of candidacy visit: April 15 of the same year
 
Deadline for submitting candidacy application, fee, and all supporting materials: 60 days prior to scheduled candidacy visit
Deadline for completion of required workshop on “Developing a Comprehensive Outcomes Assessment Plan”: Within one year immediately prior to submission of candidacy application

Fall Meeting of the Board – December

In order to be considered for candidacy review at the fall meeting of the Board of Commissioners in any given year, schools must comply with the following deadlines:


Deadline for completion of candidacy visit: September 30 of the same year
 
Deadline for submitting candidacy application, fee, and all supporting materials: 60 days prior to scheduled candidacy visit
Deadline for completion of required workshop on “Developing a Comprehensive Outcomes Assessment Plan”: Within one year immediately prior to submission of candidacy application

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Candidacy Costs

Costs of Candidacy for Institutions in the United States

The costs related to obtaining candidate for accreditation status will vary depending on the institution’s location. Normally, a one-day candidacy visit is conducted for institutions located in the United States. The costs of the visit include a $1,200 application fee plus travel, meals, and hotel expenses for an IACBE representative conducting the candidacy visit. The table below contains an approximation of the total direct costs of obtaining candidacy status for institutions located in the United States, assuming a one-day candidacy visit.

Candidacy Costs for Institutions in the U.S.

Item Amount
Application Fee (must be paid prior to the candidacy visit) $1,200
Airfare for IACBE Representative $600
Miscellaneous Travel Expenses $300
Hotel Accommodations for IACBE Representative (2 nights) $400
Meals for IACBE Representative During Visit (1 day) $50
Total $2,550

Note: These figures are estimates for budgeting purposes. In many cases, actual costs are lower than these estimates. When candidacy visits are scheduled, IACBE headquarters can provide updated information.

Costs of Candidacy for Institutions Outside of the United States

The candidacy costs (especially travel costs) for institutions located outside of the United States will vary depending on the institution’s location. The institution must pay the cost of the candidacy visit 90 days in advance of the visit. The IACBE will invoice the institution for the estimated costs of the visit. Following the visit, a final accounting will be provided with a final billing or credit. Costs may be paid by credit card or wire transfer. A two-day candidacy visit is conducted for institutions located outside of the United States. The costs of the visit include a $1,200 application fee plus travel, meals, and hotel expenses for an IACBE representative conducting the candidacy visit. The table below contains an approximation of the total direct costs of obtaining candidate for accreditation status for institutions located outside of the United States.

Candidacy Costs for Institutions Outside of the U.S.

Item Amount
Application Fee (must be paid prior to the candidacy visit) $1,200
Airfare for IACBE Representative Varies by Location
Miscellaneous Travel Expenses $400
Hotel Accommodations for IACBE Representative (4 nights) $800
Meals for IACBE Representative During Visit (2 days) $100
Total $2,500 + Airfare Costs

Note: These figures are estimates for budgeting purposes. Please be aware that travel costs (airfare) can vary substantially depending on the institution’s location. However, in many cases, actual costs are lower than these estimates. When candidacy visits are scheduled, IACBE headquarters can provide updated information.

Required Workshop Costs

Prior to applying for candidacy status, all academic business units that are Educational Members of the IACBE must have one or more representatives attend a workshop on “Developing a Comprehensive Outcomes Assessment Plan.” This workshop is conducted at various times and venues throughout the year. The table below identifies the costs of this required workshop.

Required Workshop Costs

Workshop: Developing a Comprehensive Outcomes Assessment Plan Amount
First Two Participants $500 per person
Additional Participants $250 per person

Alternatively, the required workshop may be conducted on site at the institution as a mentoring visit. The costs associated with this option include a $1,200 per day mentoring fee plus travel expenses, hotel accommodations, meals, and transportation for the IACBE staff mentor. If the workshop is conducted as an on-site mentoring visit, the academic business unit may have as many people as it wishes to attend the workshop.

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Apply for Candidacy Status

Application for Candidacy Status (DOCX)

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More Information

For more information or if you have questions about becoming a candidate for accreditation, please contact IACBE World Headquarters.

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