BSI Luxembourg ASBL
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Role and importance of accreditations
The role and importance given to accreditations depends on the institution and the goals of its students:
- Managers who wish to become tenured teachers at a university or Business School are advised to complete a traditional doctorate or Ph.D. Therefore, the institution’s accreditation is essential.
- Managers looking to take a step back from their professional experience, fulfill themselves intellectually, and attain the personal accomplishment of producing a high quality, publishable doctoral work should consider an Executive Doctorate in Business Administration instead. Here, accreditations are of secondary importance.
But why were accreditations created?
At first, it was to verify that institutions were hiring professors with academic training and not just temporary practitioners. In 2012, the Business Science Institute’s main activity involved the creation an international scientific council of professors (nearly 70 today!) that would ensure high-quality and critical academic training.
The more one attempts to inspire respect in the hierarchy of diplomas, the more essential it is to have quality applicants and professors. Unlike an MBA, the value of an Executive DBA depends on the reputation of the professor supervising the thesis, the quality of the Scientific Council that approves it, and finally, the quality of the thesis, which will be published online or elsewhere.
Those working at the Business Science Institute are involved in other international organizations of accreditation, and take their roles very seriously. They know them well and praise them for the eminent role they’ve played in improving the quality of Business Schools in recent years.
As such, since November 2013, one year after its launch, the Business Science Institute’s primary partnership with the UTS School of Management (AACSB accredited - first worldwide accreditation of Business Schools) has allowed the deliverance of a double certificate at the end of the first year of the course (Certificate of Research in Business Administration).
By definition, accreditations impose regulations; however, the Business Science Institute has decided to use a “nonstandard” growth strategy that allows it to meet needs that accredited institutions sometimes have trouble meeting.