AACSB looks at both the degree to which faculty participate in the life of the school on a meaningful basis (faculty sufficiency) and what the academic credential and ongoing activities are that sustain faculty currency and relevancy (faculty qualifications).
Esdes defines its criteria for faculty sufficiency and qualificatioins following the 2020 AACSB standards
Faculty Sufficiency
The faculty is classified into two large groups:
Participating faculty: A participating faculty member will be engaged beyond teaching in matters such as policy decisions, advising, research, and service commitments to the school. The faculty member may participate in the governance of the school and be eligible to serve as a member on appropriate committees responsible for academic policymaking and/or other decisions.
Supporting faculty: A supporting faculty member does not usually have deliberative or involvement rights on faculty issues, membership on faculty committees, or assigned responsibilities beyond direct teaching functions
Faculty Qualifications
Faculty members (participating and supporting) are subsequently organised based on their highest degree, research activities, and professional experience.
SA
Scholarly Academics
Initial Qualification requirements:
Ph.D in their teaching field (or related to)
Faculty member is considered SA for 6 years from the date of conferral of terminal degree
Doctoral student (ABD) will be considered as SA for three years from the commencement of ABD status
Conditions to maintain status:
Sustained and substantive engagement in research activities (see detail below)
PA
Practice Academics
Initial Qualification requirements:
Ph.D in their teaching field (or related to).
Sustained and substantive professional engagement activities
Conditions to maintain status:
Professional engagement activities to interact with business and management practice (see detail below)
SP
Scholarly Practitioners
Initial Qualification Requirements:
Master's Degree in their teaching field (or related to)
Master in Law/Taxes, or CPA
Minimum five years of significant professional experience in the field they teach
Conditions to maintain status:
Scholarly engagement activities (see detail below)
IP
Instructional Practitioners
Initial Qualification requirements:
Master's Degree in their teaching field (or related to)
Significant professional experience in the field they teach
Conditions to maintain status:
Professional engagement activities to interact with business and management practice (see detail below)
A
Additional Faculty
Faculty who do not meet the school's criteria for SA,PA,SP,IP
The criteria for maintaining Faculty Qualifications status has been updated. This document contains detailed information on the necessary conditions.
Faculty Qualifications Ratios
Faculty Sufficiency Guidelines
Accredited schools must meet the following ratios:
Participating faculty deliver 60% of teaching within each discipline
Participating faculty deliver 75% of the school’s teaching globally
Faculty Qualification Guidelines
40% SA in discipline where degrees/majors are offered & overall
90% SA+PA+SP+IP in discipline where degrees/majors are offered & overall.
10% maximum of Additional overall or within discipline