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Preparing for the EFMD/EQUIS Accreditation
Process
School of Economics and Business in Sarajevo

• Assoc. Prof. Nijaz Bajgoric, PhD
• nijaz.bajgoric_at_efsa.unsa.ba
• www.efsa.unsa.ba/nijaz.bajgoric

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School of Economics and Business (SEBS)Facts
Figures (As of Sept. 2006.)

• Students 7,000
• Faculty 50
• Teaching Assistants 45
• Total area 11.000 m2 (four locations)
• Budget (EUR 5 million, including tuition fees)
• Number of PCs 400
• All Classrooms equipped with DataShow projectors
  and PCs/Notebooks
• Internet Connection 1,5 Mbps
• Wireless

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Undergraduate Program (1996-2005)

• a) Four-year Program
• Specializations
• Macroeconomic Management
• International Economics
• Economics of Europe
• Management and Organization
• Marketing
• Accounting and Auditing
• Banking and Insurance
• Quantitative Economics
• Management Information Systems

• b) Two-year Program
• Specializations
• Foreign Trade
• Marketing
• Financial-Accounting
• Management Information Systems

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Graduate Program (1996 - current)

• a) Economics
• Specializations
• Economics of Europe
• Quantitative Methods
• Macroeconomic Management
• International Economics

• b) Business Economics
• Specializations
• Actuarial Math. and Insurance
• Banking
• Financial Management
• Marketing Managment
• Management and Information Systems
• Accounting and Auditing

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Main Activities in 2004-2008

• Curriculum Reform and ECTS-Bologna Implementation
• Efforts Towards EFMD/EQUIS Accreditation

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Accreditation Systems (Business, Economics,
Business Administration, Management)

• EFMD/EQUIS (www.efmd.org) Institutional
  Accreditation
• EFMD/EPAS (www.efmd.org) Program oriented
• EFMD/CEL (www.efmd.org) ICT-based Programs
• EFMD/CLIP (www.efmd.org) Corporate Universities
• AACSB (www.aacsb.edu) USA, program-oriented
• IACBE (www.iacbe.org) USA, Intl.
• AMBA (www.mbaworld.com) MBA only

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EFMD - EQUIS
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EQUIS process
5 godina
3-5 years
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(No Transcript)
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EQUIS General Quality Criteria

• National standing
• Mission
• Governance
• Scope
• Strategy
• Resources
• Faculty
• Students
• Student Services
• Personal Development
• Programmes
• Research

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EFMD/EQUIS-Accreditation (remarks by Prof.
Verhaegen, RSM, July 2005.)

• Mission, Vision, Objectives
• Develop distinctive expertise
• Develop/maintain strong reputation and culture to
  be able to attract top faculty/clients/partners
• Select right partners for right activities
• Seek international accreditation and recognition

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SEBS STRENGTHS (Prof. Verhaegen, May 2006.)

• Reputation School
• Position in Bosnia/Region
• Mission
• Structure/Credibility
• Leadership
• Bologna/Undergraduate Portfolio (Well-designed
  Bachelor programmes, Extremely well-defined)
• Quality/Dedication Faculty
• High Quality Centers (Institute, Continuous
  Learning, MIT)

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SEBS WEAKNESSES AND POTENTIAL THREATS

• Research
• High student/staff ratio
• National law and government policy
• Economics versus Management
• Slowness due to insufficient budget
• Faculty propensity to change
• Internationalisation
• English proficiency of Faculty members

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Accreditation-oriented Activities at
SEBS(2005-2007)

• Vision and Mission
• Curriculum reform to fit Bologna/ECTS
• Continuous Assessment System
• Reducing the number of in-class students and
  increasing the number of full-time faculty
  members in order to achieve the ratio of faculty
  members to full-time students 140-60 in 5 year
• Introducing DL program
• Designing graduate and undergraduate program in
  English
• Hiring intl. faculty members on part-time basis
• Establishing Alumni asssociation
• Increasing the number of computers (comp. rooms,
  student kiosks)
• Enhancing Exchange programs
• Establishing Center for Personel Development
• Establishing Center for Continuing Education
• Improving relations with business community,
  corporate involvement in program design
• Introducing Executive Education program
• Etc.

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Vision and Mission Redefined

• School of Economics and Business in Sarajevo aims
  at becoming regionally recognized institution in
  providing students with world-class education in
  Economics and Business Administration through
  academic and practice-oriented programs that
  best reflect current needs and requirements.
• The mission of the School of Economics and
  Business in Sarajevo is to create and spread
  knowledge and skills in the fields of Economics
  and Business Administration. This process should
  yield highly educated, skilled and creative
  economists, managers and business analysts
  capable to meet the needs and challenges of the
  rapidly changing environment.
• The vision of the School of Economics and
  Business in Sarajevo is to become regionally
  recognized institution as a place with
  noticeable research work, efficient transfer of
  knowledge and skills, excellent working and
  living conditions and openness for new ideas and
  initiatives.

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Curriculum Redefined to fit Bologna

• Based on 323 model
• Several concentrations of Economics, Business
  and Management
• New Teaching Methods
• Continuous Assessment System
• Criterion-based Grading
• IT-supported Teaching (Moodle-based Course
  Management System)

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ECTS/Bologna at UNSA/SEBS September 2005. -
New Study Rules and Regulations for 32 Concept
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ECTS-based Curriculum at SEBS

• ECTS-based Rules and Regulations approved on UNSA
  Senate in September 2005 (academic year, new
  teaching methods, continuous assessment,
  criterion-based grading, etc.)
• New ECTS-based 32 Curriculum created and
  approved at the School in June 2005 Course
  Syllabi Course Descriptions (ECTS Information
  Package)

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Main Framework
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(No Transcript)
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Economists
Economists
Business Analysts
Strong in Routine Tasks
Strong in Analytical Tasks
MSc
MBA
Managers
Managers
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SEBS - ECTS Information Package
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Inf. Packageonline www.efsa.unsa.ba
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Course Syllabus Example section a)
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Course Syllabus Example section b)
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Examination Grading System

• UNSA Grading is based on Criterion system
• (range 60 100 points)

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Part-time Study Redefined DL(excerpts from ECTS
documents)

• The curriculum-reform process accords a high
  priority to equal opportunity for working
  students, in particular by making sure that it is
  possible to assemble a flexible and individual
  course of study.
• Isolating the study performance from the study
  duration results in an individual study duration
  that is defined by the students themselves. It is
  possible to fast-track the study time or to
  prolong it as a part-time student.
• The School started the process of migrating
  traditional Part-time study system by Distance
  Learning program from the academic year 2006/07.

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Summer School Introducedwww.efsa.unsa.ba/summer

• The Summer School (Summer Term) at the School of
  Economics and Business in
• Sarajevo (SEBS) is an intensive five-week program
  that includes a wide variety of
• courses. Most of them are thaught in Bosnian, but
  some courses are offered in
• English as well.
• Courses are open to Sarajevo University students,
  to university graduates, and to
• students from the universities abroad who wish
  to
• progress through their programme more quickly
• to compensate for a poor performance in a
  previous semester
• to spread a heavy workload during the Fall and
  Spring semester
• pick up a necessary prerequisite
• provide greater flexibility to enable the
  completion of a double major combination.
• The Summer term maintains the same high academic
  standards that are applied
• during the regular academic year. All courses
  offered are taught and examined to
• the same standard as normal semester courses.
  Courses are equivalent in credit to
• those offered in the Fall and Spring semesters.

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Distance Learning Program Implemented
http//dl.efsa.unsa.ba
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IT Support Improved

• 400 PCs
• 10 servers
• 10 student kiosks
• All faculty members and teaching assistants have
  PC in the office
• All students provided username and password while
  enrolling
• Good Internet connection
• Wireless connections in the halls
• All classrooms equipped with PCs and projectors
• Course Management system implemented

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Learning Resources Implemented According to EU
Standards
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Information System Implemented According to EU
Standards
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UNSA Information System Network Infrastructure
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UNSA IS Online Registrar www.registrar.unsa.ba
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Student Online Registration
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Teacher Online Grading
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Hard-copy document generated by Registrar
application
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Registrar Office
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Student Kiosks at SEBS
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CourseWare (Course Management System) Software
Packages

• Commercial
• WebCT (www.webct.com)
• Blackboard (www.blackboard.com)
• OpenSource (free)
• Moodle (www.moodle.org) used at School of
  Economics and Business in Sarajevo
• In-house (example www.e-learning.ba, developed
  by UTIC for UNSA)

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E-Learning Environment at SEBS
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Computer Labs
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IT-supported Classrooms
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MIT Center
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E-Net Center
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Student Kiosks
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CourseWare
Made by
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MBA programs introduced in collaboration with

• Alfred Lerner College (University of Delaware),
  AACSB-accredited School
• University of Turin

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Institute for Research in Economics and Business

• Institute is an organisational unit of the School
  of Economics and Business in Sarajevo. Its basic
  activities in the area of research are related to
  the studies and research projects, feasibility
  studies, programs, expert reports, expert
  opinions and continuous consulting. Owing to
  these activities, Institute has gained the
  leading market position in this area. Since its
  establishment, Institute has contracted and
  completed over 170 contracts in the fields of
  macroeconomic and microeconomic research,
  investment, enterprise development, privatization
  programs, enterprise and bank organisation,
  consulting services, etc..

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Center for Intl. Cooperation

• Its main task is to establish, develop and
  enhance the cooperation between the School and
  faculties of economics and related institutions
  in the world, aimed at the exchange of scientific
  achievements in the fields of economics and
  business, exchange of professors and teaching
  staff with other faculties in the world, student
  exchange, exchange of professional periodicals
  and literature, organization of joint teaching
  activities, and organization and conducting of
  joint research projects. The Centres major goal
  in the forthcoming period is to initiate and
  implement the process of international
  accreditation of the School.

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Library Information System

• SCIENCE DIRECT
• EMERALD DATABASE
• WEB OF SCIENCE
• EBSCO DATABASE
• SCOPUS
• Directory of Open Access Journals
• Research Papers in Economics
• ABI/INFORM global

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Alumni Association
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PR Office
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Faculty Development Center

• Seminars
• Conferences
• CFPs
• Grants
• Projects
• Quality Improvement
• Programs
• Orientation programs

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Career Center
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Business Advisory Board

• Members 20 most prominent BH managers
• Meetings on regular basis
• Involvement in curriculum design

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Center for Continuing Education (Business
Academy)
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THANK YOU!

• QUESTIONS ?