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The doctoral faculty shortage: the view from AACSB

The doctoral faculty shortage: the view from AACSB. Stephen Watson AACSB International. Overview. What is AACSB? The shortage in doctorally qualified faculty members The AACSB Bridge programme Other consequences and possible outcomes AACSB on the Impact of Research. What is AACSB?.

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The doctoral faculty shortage: the view from AACSB

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  1. The doctoral faculty shortage: the view from AACSB Stephen Watson AACSB International

  2. Overview • What is AACSB? • The shortage in doctorally qualified faculty members • The AACSB Bridge programme • Other consequences and possible outcomes • AACSB on the Impact of Research

  3. What is AACSB? • Established in 1916 by 17 leading US business schools • Decision to go international in 1996 • Now has 555 accredited members (38 in Europe)and a further 542 Member schools (130 in Europe) • Work for member schools: • Conferences and seminars • Publications: BizEd; reports • Database on business schools • Advocacy • Affinity Groups • Website: choosing a business school; job vacancies etc

  4. The shortage in doctorally qualified faculty members • August 2002: AACSB report • critical shortfall in supply of faculty with doctoral degrees in business studies • Caused by • increased demand for business studies, • decreased production of PhDs, • imminent retirements

  5. The shortage in doctorally qualified faculty members • August 2003: Doctoral Faculty Commission • Forecast US shortage of over 1,000 by 2008 and nearly 2,500 by 2013 • Reaffirmed the importance of faculty trained in business research to staff business schools: • production of knowledge, • scholars who know the latest thinking in their subject • Recommended: • Bridge programmes to retrain non-business PhDs • Growth in professional doctorates • Use more professionally qualified faculty • Advocate for State funds to support PhD programmes • Encourage the ranking of research, like the RAE

  6. The AACSB Bridge programme • AACSB has encouraged some AACSB schools to establish Bridge Programmes – to retrain PhDs in other disciplines • Courses established at: • Grenoble Ecole de Management (not yet started) • University of Florida • University of Toledo • Tulane University • Virginia Polytechnic Institute • Content – research methods; content seminars • Length – about 200 contact hours • Costs – about $40,000

  7. The AACSB Bridge programme • AACSB will consider graduates of these programmes to be academically qualified • Early days – current enrolments are 61

  8. Other consequences and possible outcomes • Fewer faculty → lower staff/student contact time • Division of the academic labour process – e.g. OU model

  9. AACSB on the Impact of Research • Large volume of business research • > 15,000 articles per year in English? • 25,000 faculty in AACSB accredited schools • Huge increase since the criticisms of 50 years ago • Recent criticisms of business schools concerning research • valuing research more than teaching • producing research that is narrow, irrelevant and impractical

  10. Recommendations for AACSB Recommendation1 Extend AACSB accreditation guidelines to require schools to demonstrate the impact of research • who are the expected beneficiaries of research? • what is the evidence that the benefit has been achieved? Measuring impact • Might be difficult in many instances (long delay until impact achieved; impact may be difficult to prove etc.) • Increased load in the accreditation process • Needs political acceptance • Could improve the actual impact

  11. Recommendations for AACSB Recommendation 2 AACSB should encourage greater diversity in mission in business schools • Not just to achieve papers in “top” journals • Encouraging faculty models that reward faculty research measured by different criteria of impact

  12. Recommendations for AACSB Recommendation 3 AACSB should support research into the linkage between scholarly inquiry and good education • The results of this research might show AACSB how to evaluate the effect of research on teaching and in due course change its standards to reflect this • This process in executive education is also important and should be introduced into AACSB’s evaluation process

  13. Recommendations for AACSB Recommendation 4 AACSB should develop an awards program to recognize faculty who produce high impact research

  14. Recommendations for AACSB Recommendation 5 AACSB should develop ways to strengthen interaction between academics and practicing managers

  15. Recommendations for AACSB Recommendation 6 AACSB should study the market in academic journals in business and make recommendations to publishers on how they might support the promotion of the impact of research

  16. Recommendations for AACSB Recommendation 7 AACSB should identify and disseminate information about best practices for creating linkages between academic research and practice

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