AACSB International

On January 3, 2014, the Faculty of Business, University of New Brunswick Saint John became a member of the Association to Advance Collegiate Schools of Business (AACSB), joining an elite group of business schools around the world that are members of this prestigious organization.

The AACSB is a non-profit organization founded in 1916 to promote and improve higher education in business administration and accounting. The AACSB sets the international standard for high quality business education at the undergraduate and graduate level. Of the approximately 13,000 business programs worldwide, less than five percent have qualified for AACSB accreditation.

On November 1, 2014, the University of New Brunswick Saint John’s Eligibility Application was accepted by the Initial Accreditation Committee (IAC) of the AACSB and the Faculty of Business moved to the next stage in the accreditation process: a comprehensive self-evaluation of every aspect of its academic programming, and the establishment of an Assurance of Learning process.

The Faculty of Business will submit its next report to the Initial Assessment Committee of the AACSB in February 2017, with the aim of achieving full accreditation in 2018.


MBA learning goals and objectives

The Learning Goals and corresponding Learning Objectives for the Master of Business Administration program are as follows:

Goal: Demonstrate leadership competencies

  • To develop and enhance existing leadership strengths in oneself and others and to acquire relevant, new leadership skills
  • To determine and select the most effective leadership approach after examining the context, the people, and the organization
  • To assess the ability to lead a team towards the successful completion of goals

Goal: Act ethically

  • To analyze specific examples of moral challenges faced by business leaders and to show the ethical implications of decisions
  • To develop personal core values and to apply them in carrying out the mission of various types of business organizations
  • To identify potential moral dilemmas, apply moral reasoning, select the best course of action, and assess the ethical implications of alternative(s) selected

Goal: Communicate effectively

  • To demonstrate the application of effective communication skills in speaking, writing, and using electronic media
  • To be able to express one’s position succinctly, logically and persuasively
  • To apply communication strategies to improve team effectiveness
  • To apply communication skills across diverse contexts and environments

Goal: Act effectively in a global environment

  • To demonstrate the ability to apply management strategies to global business decisions
  • To assess the effectiveness of global leadership strategies in terms of international best practices
  • To understand the characteristics of society and development process

Goal: Think strategically

  • To identify salient features of complex situations and organizations and be able to recommend an effective change strategy
  • To be able to adapt strategic thinking creatively to address unpredictable situations and contexts
  • To demonstrate the ability to integrate and synthesize various functional areas and to assess their effectiveness in terms of achieving overall organizational goals/success.

Goal: Acquire and integrate domain-specific knowledge and skills

  • Skill set will vary according to program stream (General Management; Entrepreneurship and Technology Management; International Business and Project Management)

The journey to accreditation

Nov 29, 2013: Faculty of Business, UNB Saint John applied for AACSB primary membership

Jan 3, 2014: AACSB primary membership is granted; a pre-requisite for entering the accreditation process.

Oct 1, 2014: Submitted the Eligibility Application (EA) to formally enter the AACSB accreditation process

Nov 26, 2014: The Initial Accreditation Committee (IAC) approves Faculty of Business, UNB Saint John’s Eligibility Application and the committee determined that Faculty of Business, UNB Saint John is eligible to proceed with the Initial Accreditation Process

Dec 5, 2015: Professor Dr. Jerry Tomberlin, Dean of Sprott School of Business, Carleton University appointed as Faculty of Business, UNB Saint John’s AACSB Mentor

Dec 18, 2014: Preliminary Self-Assessment is initiated. The Initial Self-Assessment will be completed by February 2016

Feb 3, 2015: The Faculty of Business has subscribed to SEDONA Systems to expedite the accreditation process

Mar 12-14, 2015: Dr. Jerry Tomberlin, our mentor visited Faculty of Business, UNB Saint John

May 12, 2015: Faculty Spring Retreat at Villa Madonna Retreat House – Mission and Vision

May 29, 2015: Faculty Council approved the modified AoL learning goals and objectives for undergraduate programs and recommended the MBA AoL for consideration and approval by the Faculty of Business Graduate Academic Unit

October 16 & November 20, 2015: Mission and Vision statements are approved in the Faculty Council

February 22, 2016: Submitted ISER to AACSB International

March 17-18, 2016: Mentor’s second visit

April 5-6, 2016: IAC Meeting in Boston – request for further information and establishment of mature Assurance of Learning process.

May 5, 2016: Faculty of Business Assurance of Learning Work Party

May 8, 2016: Faculty Spring Retreat – Assurance of Learning