Business School Learning Goals: The Legal and Regulatory Context of Organizations in a Global Economy

• DOI: http://doi.org/10.1111/jlse.12065
• Published date: 01 August 2017
• Date: 01 August 2017
• Author: George J. Siedel

Journal of Legal Studies Education

Volume 34, Issue 2, 325–339, Summer 2017

Business School Learning Goals:

The Legal and Regulatory Context

of Organizations in a Global Economy

George J. Siedel∗

AACSB International (the Association to Advance Collegiate Schools of Busi-

ness) is the premier accrediting body for business schools. Of the thousands

of business schools worldwide, fewer than five percent have met the high

standards for AACSB accreditation.1The latest version of AACSB’s accred-

itation standards was adopted in 2013 and updated in 2016.2One section

of the standards relates to “Learning and Teaching.” This section begins by

noting the importance of learning goals: “High-quality business schools have

processes for determining for each degree program learning goals that are

relevant and appropriate . . . . ”3Under “Definitions” AACSB provides greater

detail:

Learning goals state the educational expectations for each degree program.

They specify the intellectual and behavioral competencies a program is in-

tended to instill. In defining these goals, the faculty members clarify how they

intend for graduates to be competent and effective as a result of completing the

program.4

∗Williamson Family Professor of Business Administration at the Ross School of Business, Uni-

versity of Michigan.

1AACSB-Accredited Business Schools,BESTBIZSCHOOLS, http://bestbizschools.aacsb.edu/aacsb-

accredited (last visited Feb. 26, 2017).

2AACSB International, Eligibility Procedures and Accreditation Standards for Business Accredita-

tion 30 (Jan. 31, 2016), http://www.aacsb.edu/-/media/aacsb/docs/accreditation/standards/

businessstds_2013_update-03oct_final_tracked_changes.ashx?la=en.

3Id.

4Id.

C2017 The Authors

Journal of Legal Studies Education C2017 Academy of Legal Studies in Business

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