| Accreditation Pricing |
Process & PricingThis example covers a three-year time period. The actual time required to move through the process is contingent upon many factors such as commitment of staff time and assessment programs being in place. Accreditation is granted for a period of ten years. A $2,500 reaffirmation fee will be required every 10 years. 1st YearBecome an ACBSP Member
The accreditation is for programs offered at each campus. While the main campus can join as a member, when the accreditation process begins all branch campuses must join as members. The cost for membership dues for additional campuses is $1000 for each additional campus which will be charged to the main campus. Campuses located outside the United States must provide a certified translation of an official document from an appropriate government organization in your country stating recognition, accreditation, and/or your right to grant degrees. Apply for Membership$2,500Non-Accredited Member Annual DuesApply for Accreditation CandidacyCompletion of the application for candidacy starts the accreditation process. The accreditation fee is $2,500. Candidacy application fee may be paid upon joining as a member or any time after becoming a member. $2,500Meet with your Assigned MentorThe business school will complete a Preliminary Visit Questionnaire and send responses to their mentor. The candidate will develop an action plan, with assistance from their mentor, for meeting the accreditation standards and criteria and establish a timetable for carrying out the plan. $1,300$500Estimated Mentor Honorarium$800Estimated Travel CostsEstimated 1st Year Total$6,3002nd YearAnnual ACBSP Membership DuesPayment of $2,950 for annual membership. The membership year is July 1 of each year through June 30. $2,950Annual DuesSelf-Study CommencesThe business unit must be approved by the Director of Accreditation upon recommendation from the mentor before the business unit begins the self-study. The self-study should cover a full academic year (Fall & Spring). Estimated 2nd Year Total$2,9503rd YearAnnual ACBSP Membership DuesThe cost of annual membership is $2,950 $2,950Annual DuesSite VisitAn evaluation team is assigned soon after receiving the Intent to Submit a Self-Study for Initial ACBSP Accreditation. The school is asked if a team member may not be a good fit or if they feel there could be a conflict of interest. The estimated cost assumes a combination of site team members from the USA and from the country or adjoining countries. The site team files its report with ACBSP within two weeks after their visit. The cost for the team visit will be deducted from the $5,000 deposit. Any funds remaining will be returned to the school. Any required balance will be invoiced to the school. For planning purposes, ACBSP recommends allocating between $5,000 and $9,000 for the evaluation team site visit. Site visit costs may fall below or exceed the amounts listed, depending on the institution's geographic location of the site team members, nd the number of campuses seeking accreditation within a school system. The accreditation staff can help with a more exact figure as you make your budget plans. The business school being visited is responsible for reimbursing ACBSP for all of the costs of the team visit. ACBSP will pay each evaluator after they file an expense reimbursement claim with receipts attached ACBSP will then bill the business school for all of the costs incurred by the team. A deposit of $5,000 is required prior to the site visit. The deposit balance will be reconciled, and the institution will either receive a partial return of the site visit deposit or be invoiced in the amount by which actual costs exceed the $5,000 deposit. $5,000$5,000Site Visit Deposi(additional costs may be required depending on location) $1,950Estimated Honoraria for Chair and 2 members (Included in Deposit)Accreditation DecisionThe Board of Commissioners reviews accreditation materials from institutions each November and April (twice a year). The accreditation decision by the Board of Commissioners is reported to the members. Accredited business schools and programs receive their accreditation certificates during the ACBSP Annual Conference in June at a special ceremony. Estimated 3rd Year Total$7,950Become an Accredited ACBSP MemberACBSP Associate/Bacc. Grad. Accreditation is prerequisite to pursuing Separate Accounting Program Accreditation.
Add Associate/Bacc. Grad Accreditation
PREREQUISITE
Apply for Accreditation CandidacyCompletion of the application for candidacy starts the accreditation process. $1,250Meet with your Assigned MentorThe business school will complete a Preliminary Visit Questionnaire and send responses to their mentor. The candidate will develop an action plan, with assistance from their mentor, for meeting the accreditation standards and criteria and establish a timetable for carrying out the plan. The cost assumes the mentor is located outside the country and can be subject to wide variations and significant cost savings if in-country. $1,000$500Estimated Mentor Honorarium$500Estimated Travel CostsSite VisitAn evaluation team is assigned soon after receiving the Intent to Submit a Self-Study for Initial ACBSP Accreditation. The school is asked if a team member may not be a good fit or if they feel there could be a conflict of interest. The estimated cost assumes a combination of site team members from the USA and from the country or adjoining countries. The site team files its report with ACBSP within two weeks after their visit. The cost for the team visit will be deducted from the $5,000 deposit. Any funds remaining will be returned to the school. Any required balance will be invoiced to the school For planning purposes, ACBSP recommends allocating between $5,000 and $9,000 for the evaluation team site visit. Site visit costs may fall below or exceed the amounts listed, depending on the institution's geographic location of the site team members, and the number of campuses seeking accreditation within a school system. The accreditation staff can help with a more exact figure as you make your budget plans. The business school being visited is responsible for reimbursing ACBSP for all of the costs of the team visit. ACBSP will pay each evaluator after they file an expense reimbursement claim with receipts attached ACBSP will then bill the business school for all of the costs incurred by the team. A deposit of $5,000 is required prior to the site visit. The deposit balance will be reconciled, and the institution will either receive a partial return of the site visit deposit or be invoiced in the amount by which actual costs exceed the $5,000 deposit. $6,400$5,000Site Visit Deposit$1,400Estimated Honoraria for Chair and 2 members Included in DepositEstimated Total$8,650Contact Our TeamPlease contact our team for more information on Certificate Program Accreditation pricing. Contact Our TeamNo Accreditation SelectedTake the Next Step Toward AccreditationWe would love to have you join the group of educators who are igniting a standard of excellence around the world. Our staff is standing by to answer your questions, so take the first step and apply for ACBSP Accreditation today! Contact Our Team Apply Now |
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