According to AACSB standards, professionally qualified (PQ) faculty members can be an important component of a business school’s total faculty resources that provide students with learning experiences that reflect current business practice and its link to research and theory. PQ faculty members represent an appropriate strategic decision that is consistent with supporting high quality academic programs and the mission of the business school.
Both relevant academic preparation and relevant professional experience are required to establish a faculty member as PQ. Normally, the academic preparation consists of a master’s degree in a field related to the area of teaching assignment with professional experience relevant to the faculty member's teaching assignment that is significant in duration and level of responsibility, and is current at the time of hiring.
In the CBA, professional qualification requires a combination of original academic preparation (i.e., completion of master’s degree or higher) augmented by practical experience and maintained by continuing professional development and/or engagement. All full time and part time lecturers are expected to sustain professional qualifications in order to maintain PQ status. To be regarded as PQ, a CBA faculty member must meet the ONE of following TWO criteria:
1. Received during the most recent five-year period a master’s degree appropriate to the instructor’s teaching area from an accredited program (or its substantive equivalent) and have practical work experience that is relevant to the teaching area, significant in duration and responsibility, and current at the time of hiring.
2. Received prior to the most recent five-year period an appropriate master’s degree and have practical work experience that is relevant to the teaching area, significant in duration and responsibility, and current at the time of hiring. In addition, to maintain his or her PQ status, the instructor must engage in faculty development activities that support maintenance of professional qualifications that should be substantive and sustained at levels that support currency and relevance for teaching. Examples of activities for maintaining currency include the following
- Intellectual contributions as detailed in Standard 2
- Relevant journal and/or other business publication editorships and/or editorial board/committee service
- Consulting activities that are material in terms of time and substance
- Faculty internships
- Sustained professional work supporting qualified status
- Leadership positions in recognized professional/academic societies
- Advanced academic coursework
- Relevant, active service on boards of directors
- Documented continuing professional education experiences
- Significant participation in professional and/or academic conferences
* Standard 2: The school produces high-quality intellectual contributions that are consistent with its mission, expected outcomes, and strategies and that impact the theory, practice, and teaching of business and management. [INTELLECTUAL CONTRIBUTIONS, IMPACT, AND ALIGNMENT WITH MISSION]