It is evident that nowadays higher education institutions are subject to competition and require transparency of academic achievement, compelling them to take academic reforms into their own hands by becoming accredited institutions.
The Foundation for International Business Administration Accreditation (FIBAA), a Swiss non-profit agency for quality assurance with operative branches in Bonn (Germany) and Zurich (Switzerland), is an international accreditation agency mainly active in Europe that assists higher education institutions in further developing their Bachelor, Master, and PhD programs through an intensive accreditation process. This process is aimed at quality improvement and the accreditation of a program. It comprises consultation on quality management, appraisal of the program concerning its structure and contents and the fulfillment of the requirements which are needed to bestow the FIBAA quality seal. FIBAA has been an active member of the European Association for Quality Assurance in Higher Education (ENQA) since 2002 and of the European Quality Assurance Register for Higher Education (EQAR).
On the 25th of November, 2016 Talal Abu-Ghazaleh Graduate School of Business (TAG-SB)/ German Jordanian University MBA Program has maintained a seven-year renewal of its accreditation (valid until the end of Summer Semester 2022) from the Foundation for International Business Administration Accreditation (FIBAA).
Following the renewal application, FIBAA Assessment Board conducted on-campus review of the MBA Program in October 2016, which culminated in their recommendation that accreditation be extended for the School’s MBA program. FIBAA Assessment Board evaluated the following five key issues with special focus on internationality, employability and economic relevance: program objectives, admission standards, contents and structure concept of the study program, academic environment and framework standards, and finally quality assurance.