Business Faculty Performance Evaluation Based on the New AACSB Accreditation Standards

Abstract

In 1991 the American Assembly of Collegiate Schools of Business (AACSB)—the major accrediting agency of collegiate business programs—adopted a new set of accreditation standards. The new standards, in contrast to the old ones, which were applied uniformly and distinguished only between undergraduate and graduate programs, place considerable emphasis on an institution's mission. This study attempts to determine how deans of business schools perceive, under the new standards, the relative importance of the three factors of instructional responsibilities, intellectual contributions, and service, as well as various subfac-tors, when evaluating business faculty. The determination of relative weights is made through the use of the analytical hierarchy process (AHP). Several comparisons of groups of schools are made on the basis of these factors.

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