Accreditations and Quality Assurance
The University of Sydney Business School is a world-class business school at the forefront of global business and management education. Relevant and focused on today's business world, we are the only Australian business school to achieve membership to CEMS - the Global Alliance in Management Education in addition to international accreditation from AACSB and EQUIS.
AACSB and EQUIS Accreditation
The Business School (formerly known as the Faculty of Economics and Business) has been awarded both business and accounting program accreditation by AACSB International (the Association to Advance Collegiate Schools of Business), first in 2004 and renewed in 2009. We have also received accreditation by EQUIS, the quality assurance arm of the European Foundation for Management Development (EFMD), in 2004 and again in 2008. The Business School is the only institution in Australia, and one of only five in the region, to have been awarded all three accreditations.
- February 2008, EQUIS Accreditation awarded until 2013
- January 2009, AACSB Accreditation awarded for another 5 years
A Note to Students: Accreditation & Sampling of Student Work
As an essential component of its accreditations, the Business School is measuring student learning and assuring the quality of program learning outcomes in an on-going and systemic manner. In order to determine and demonstrate how well program learning outcomes are being achieved, the Business School will be utilising embedded assessments in a number of Units of Study. To facilitate this, your marked work may be used for quality assurance purposes, such as to assess the level of achievement of learning outcomes as required for accreditation and audit purposes. The information obtained during the accreditation and audit process may be used to inform changes aimed at improving the quality of the Business School's programs. All material used for such processes will be treated as confidential and will not be used or disclosed except for the purposes outlined above. The outcome of the accreditation process and audit will not affect your grade for the Unit.
As well as international accreditation, a number of Business School programs are professionally accredited. The Business School's accounting programs undergo periodic joint accreditation reviews by CPA Australia and the Institute of Chartered Accountants in Australia (ICAA). The last review, conducted in September 2007, resulted in accounting programs offered by the Business School being reaccredited for a further five years.
A number of the Business School's undergraduate award programs offering specialised study in human resource management and industrial relations are accredited by Australia's leading professional human resource body, the Australian Human Resource Institute (AHRI), until 2014.
The Business School's Business Information Systems majors (available through the Bachelor of Commerce and Bachelor of Economics) are accredited by the Australian Computer Society until the end of 2009. The BIS major in the Master of Commerce was awarded full Professional level accreditation in 2008 for five years.
These accreditations provide an assurance of our ongoing commitment to excellence in education and research, and put the Business School in company with leading institutions worldwide.
CEMS - The Global Alliance in Management Education is a strategic alliance of leading business schools and multinational companies that together offer postgraduate students a unique blend of education and professional experience. Its first mission is to set a global standard of excellence for pre-experience Masters in management. Founded in 1988 in Europe, the network has grown steadily, largely due to the success and popularity of the CEMS Masters in International Management (CEMS MIM), which is now ranked as the #1 pre-experience management program in the world (The Financial Times 2009 Business School Rankings).
In each country only one business school is chosen to be part of the CEMS alliance. In 2006, when CEMS decided to expand globally, they selected The University of Sydney as the Australian School to become an Associate member. In June 2008, The University of Sydney was accepted as a Full member, meaning we not only provide access to the CEMS MIM for our students, but are accredited to teach the CEMS MIM program to students from other CEMS Institutions.
The CEMS MIM is a prestigious supra-national business degree that can be acknowledged as the best passport for an international career. This one-year joint degree program is exclusively open to the Masters students of CEMS schools who meet very strict selection criteria and receive the CEMS degree in conjunction with their home degree. The Business School has moved swiftly to take advantage of the CEMS membership with development of a Master of Management program that will allow a cohort of high quality students to simultaneously complete the CEMS MIM by undertaking a semester at a top European University and an internship with a leading international corporation.
CEMS also fosters business school cooperation for teaching, research and doctoral education. The Business School is now offering PhD units for a CEMS initiated exchange program to encourage CEMS PhD students to visit the Business School/University.
The Business School is proud that Deloitte Touche Tohmatsu Australia chose to join CEMS as our corporate partner.
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