MBA Assessment Report UCEMA UNIVERSIDAD DEL CEMA

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  • MBA Assessment Report

    UCEMA

    UNIVERSIDAD DEL CEMA

    Buenos Aires, Argentina

    April 2016

    A Report to the International Accreditation Advisory Board of the Association of MBAs

    http://www.mbaworld.com/

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    UCEMA Universidad del CEMA, 11-12 April 2016 Page 2 of 23

    Contents

    INTRODUCTION .................................................................................................... 3

    CONTINUOUS IMPROVEMENT ........................................................................... 5

    THE INSTITUTION ................................................................................................ 6

    THE PROGRAMME ............................................................................................. 14

    ANALYSIS ............................................................................................................ 20

    CONCLUSIONS ................................................................................................... 22

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    UCEMA Universidad del CEMA, 11-12 April 2016 Page 3 of 23

    INTRODUCTION

    1. The purpose of the visit to UCEMA-Universidad del CEMA (hereinafter also referred

    to as the University or UCEMA) in Buenos Aires, Argentina during the period 11-12 April

    2016, was to assess for possible re-accreditation the MBA portfolio, consisting of the following

    programme:

    2. Accreditation programme portfolio (Table 1)

    Name Type

    (MBA, EMBA)

    Delivery (Full-time, evening, weekend/modular)

    Location of

    delivery

    Tuition fees for the entire programme**

    Running since which year?

    Maestra en

    Direccin

    de

    Empresas

    (MBA)

    MBA Part Time or Full Time;

    Evenings or Friday Afternoons

    Buenos Aires,

    Argentina

    ARS 210,800 for students starting in March of 2015 (equivalent to USD 23,900 as of last day of Feb, 2015)

    ARS 240,000 for students starting in March of 2016 (equivalent to USD 15,500 as of last day of Feb, 2016)

    1987

    3. The Association was represented by:

    Prof Martyn Jones

    Deputy Vice-Chancellor

    Kingston University London

    United Kingdom

    Prof Philip McLaughlin

    Former Dean and Executive Director

    KEDGE Business School

    France

    Prof Jaime Serida

    Dean

    ESAN Graduate School of Business

    Universidad ESAN

    Peru

    Mr Carlos Ramos

    International Advisor

    Association of MBAs

    Argentina

    4. The assessment was chaired by Prof Martyn Jones.

    5. The Self-Assessment forms presented by the institution addressed in a satisfactory

    way the Criteria for Accreditation of the Association of MBAs. The paragraphs below outline

    areas of particular interest discussed during the visit and relevant information provided on the

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    UCEMA Universidad del CEMA, 11-12 April 2016 Page 4 of 23

    spot by the institution.

    6. The University was deemed eligible for the Advanced Accreditation Process (AAP),

    having successfully acquired three periods of accreditation lasting five years each with no

    substantial conditions. This meant that a Self-Audit report was not required and the visit took

    place over one day rather than two.

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    UCEMA Universidad del CEMA, 11-12 April 2016 Page 5 of 23

    CONTINUOUS IMPROVEMENT

    (REVIEW OF PREVIOUS ASSESSMENT)

    7. This is the fourth accreditation visit to UCEMA. The Universitys MBA provision was

    accredited for the first time in October 2000 and was one of the first two institutions to be

    awarded the Associations International Accreditation outside Europe. The University was

    then re-accredited in 2006 and 2011 for five years and now meets the condition for eligibility

    for the AAP-Advanced Accreditation Process (three periods of accreditation lasting five years

    each with no substantial conditions).

    8. The last visit of a Visiting Panel took place in June 2011 and re-accreditation was

    awarded for five years with no conditions.

    9. During the current visit, the University provided sufficient evidence that demonstrates

    its commitment to continuous improvement, especially with regard to the recommendations

    in the previous AMBA report: i) Cultivate a larger academic network beyond the boundaries

    of UCEMA; ii) Use the field trip as mechanism for enhancing students international and real

    world educational experience; iii) Look at the requirements of external and internal

    assessment validity; and iv) Clarify arrangements for faculty recognition, loading and mutual

    expectations.

    10. There have been no further in-cycle reviews since the last assessment visit.

    11. UCEMA complies with the audit processes established by the Argentine government

    and is able to provide evidence that it has responded successfully to the recommendations

    resulting from these processes. In 2011-2012 it successfully renewed accreditation of the

    masters and doctoral programmes with CONEAU, the regulating body for higher education

    within the Argentine Ministry of Education, and in 2013-2014 the whole University underwent

    a thorough self-evaluation, again at the request of CONEAU.

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    THE INSTITUTION

    12. UCEMA is a small, high quality, and highly specialised research and educational

    institution, with expertise in the areas of business, economics, engineering, international

    studies and political science, and committed to contribute to the development, growth and

    well-being of its community within those areas of expertise. It is a private non-profit institution

    and was founded in 1978 as a research centre to contribute to the development of economic

    policies and business practice in Argentina. It started offering academic programmes at

    masters level in 1980, at undergraduate level in 1996, and at doctoral level in 2000. Currently,

    the University offers eight undergraduate programmes, seven masters and three doctoral

    programmes, all within the areas of business, finance, economics, systems engineering and

    political science. The academic offer is complemented by executive education, which

    includes customised programmes for individual firms.

    13. The political, social and economic environment in Argentina has been rather complex

    over the last years. Since 2010, the economy of the country has stagnated and been

    characterised by recession, very high inflation, and lack of private investment. During this

    period, UCEMA saw its home market shrink as result of the impact of the interventionism and

    overregulation of the government on the economy of the country but the expectations

    changed significantly by the end of last year as the new government that took office in

    December 2015 has promised to normalise the countrys economy. The return to normality

    should provide new opportunities for UCEMA.

    Mission & Strategy

    14. The mission of UCEMA is to form leaders that will transform and develop the worlds

    of business, academia and public policy, through high quality, rigorous teaching and original

    research, in order to advance our knowledge and promote the growth, development and

    wellbeing of our community. The Panel considers that the mission is relevant and consistent

    with the Universitys strategy.

    15. The University focuses on strategic actions to fulfil its mission: a) Produce original,

    applied research that will contribute to the development of science, technology and the local

    culture; b) Offer academic programmes that provide the most professional, up-to-date and

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    UCEMA Universidad del CEMA, 11-12 April 2016 Page 7 of 23

    rigorous training in the fields of business, applied economics, finance, engineering,

    international studies and political science, within the framework of liberal and humanistic

    education; c) Promote critical and reflexive spirit in the students and the other Universitys

    stakeholders; d) Prepare students to undertake professional activities with a set of modern

    theories and methods, encouraging professional soundness and responsibility within the

    framework of the highest ethical principles and social sensibility; e) Reach out to the

    community, supplying educational, technical and scientific assistance to firms, governments

    and academia; and f) Contribute in the creation and dissemination of knowledge through

    publications, forums of idea exchange and debate and teaching. The strategy and the

    strategic actions realistically reflect UCEMAs resources and constraints and it is evident that

    they were effective within the complex political, social and economic context in which UCEMA

    operated until the end of last year. However, with an improving national context that would

    allow for further development and growth the Panel considers that the University may need

    to revisit its strategic plan as new opportunities and challenges may arise.

    16. The Panel had some concerns with regard to UCEMAs project to develop a faculty of

    law as it may undermine the financial growth and the sustainability of the faculty of business.

    The Panel agrees with the management of the University that it is very likely that the faculty

    of law will rein