1) Recognizing Changes in Education
James Suh – Moderator
Panelists: Bruce Behn, CPA, David Leasure, Ph.D.,
Robert D. Reid, Ed.D.
2) ABOUT WGU
“WGU is an affordable, online, nonprofit institution that measures the
success of its students – most of them working adults – not by credit
 Online, non-profit, accredited (NWCCU/CCNE/NCATE) hours but by demonstrated mastery of a subject. While such programs
University
Founded in[like WGU’s] aregovernors
1997 by US now the exception, I want them to be the norm.”
– Arne Duncan
 Serving US working adults
US Secretary of Education
—20s to 50s, avg 37
 Founded in 1997 by 19 Governors
 61,000+ students and 53,000+ graduates in all 50
states
 Bachelor’s and Master’s degrees in high-growth fields:“I’m impressed by the results in places like Western Governors
University. Its low-cost online programs rely on competency-based
 Business/Accounting,
progression, not class time or credit hours. It uses external
 Education,
Serving working adults—20s to 50s proficiency.”
assessments to evaluate student
–Bill Gates
 Information Technology
Why American Colleges Have to Change
 Healthcare
55,000+ Students, 42,000+ Graduates, 1,300+ faculty in all 50 states
“WGU gives students the ability to really assemble the complete
package, from the subject matter to the specific skills to the
certification that gives employers confidence when they’re making a
hiring decision.”
–Brad Smith
General Counsel & Executive VP, Microsoft
3) WGU’s CBE IMPLEMENTATION
Student- Centric
Rigorous Courseware &
Assessments
Technology-First




Measure learning, not time
Faculty supported, self-paced
Anytime, anywhere learning
Career Focused
 Designed by experts –MAcc designed
with BYU accounting faculty
 Evidence-centered design of
assessment, valid & reliable
 Secure testing




Real-time, big data analytics
Integrated eco-system
Leverage Market
Scale with Quality
2014 National Survey of Student Engagement, WGU
significantly higher:
 Quality of faculty interaction (+20%)
 Quality of academic support (+23%)
 Entire educational experience (+16%)
 Job related knowledge & skills (+13%)
2014 Gallup Poll of employers:
 WGU grads more likely to be engaged
employees—15% higher
 92% said WGU graduates exceed expectations
 93% of employers rate “soft skills” of WGU
graduates as equal or better than other graduates
Gallup’s Great Jobs, Great Lives: The 2014 Western Governors University Alumni Report; 2014 NSSE Survey of more
than 350,000 students from more than 600 institutions
4) SERVING THE UNDERSERVED
WGU’s Accounting Programs student population is comprised primarily of
underserved students and they are thriving.
Program Size
% Underserved
First Generation Student
Full-Time Employed
Average Age
Monthly Retention Rate
BSAC
3,890
75%
40%
67%
35.9
98.0%
MACC
246
65%
36%
72%
36.8
97.4%
5) AACSB International
Introduction
Robert Reid
EVP & Chief Accreditation Officer
6) AACSB’s Mission
AACSB International advances quality management education
worldwide through accreditation, thought leadership, and valueadded services.
6
7) AACSB International Membership
Asia-Pacific
304 Members
79 Accredited
95 In Process
The Americas
775 Members
556 Accredited
59 In Process
U.S. Only
658 Members
517 Accredited
40 In Process
EMEA
352 Members
105 Accredited
79 In Process
Distribution of schools as of August 12, 2015.
8) Accreditation Questions
• What is accreditation?
• Why is it important?
• What are the differences between regional and specialized
accreditation?
9) Delivering Relevant & High-Quality Management
Education
Engagement
Innovation
Impact
10) Organization of Accreditation Standards
• Strategic Management & Innovation
• Focus on mission, intellectual contributions and financial strategies
• Participants
• Roles, sufficiency, and support for students, faculty and professional staff
• Learning and Teaching
• Curricula management and content, interaction, structure, and teaching effectiveness
• Academic and Professional Engagement
• Student engagement, executive education and faculty qualifications and engagement
10
