We are pleased to announce that SDA Bocconi School of Management has completed the Business School Impact System (BSIS) assessment process and received the BSIS label. The University of Bedfordshire Business School and the University of Ljubljana, School of Economics and Business, have also completed the BSIS assessment process to renew their BSIS label and continue their impact journey. Congratulations to all three institutions!
Michel Kalika, Director, BSIS, commented, ‘We would like to warmly congratulate all three schools, and welcome SDA Bocconi to the pool of BSIS labelled schools. SDA Bocconi’s initiatives in Milan and connections to the local community make it a key asset to the region. We are impressed by their focus on integrating research with practice and development of internationalisation.
We are also pleased that University of Bedfordshire Business School and University of Ljubjana, SEB, have decided to continue creating their impact story through the BSIS process. We believe this commitment attests to the strength and value of the BSIS community, and we look forward to continuing to work with these schools.’
SDA Bocconi School of Management
Founded in 1971 in Milan, Italy, SDA Bocconi was the first Italian school to receive EQUIS accreditation in 1998. The school’s mission, “Designed for your world,” includes a focus on real-world learning and the value of research. The school maintains a strong presence in their region through community connections and the many alumni who stay for work.
Giuseppe Soda, Dean of SDA Bocconi School of Management, stated, ‘Joining BSIS is another milestone in an exciting journey towards a new and ever wider awareness of the impact the School has on the community.
This process helped us become more conscious of the outcomes the School has achieved in many aspects of life in Milan and in Italy, as well as internationally. The methodology used to measure tangible results delivered to public and private stakeholders has produced a dataset that can now be easily communicated throughout our corporate communication.
We are immensely proud to be part of the BSIS pool since our journey, that began 50 years ago, will now continue with even more determination and consciousness.’
University of Bedfordshire Business School
The University of Bedfordshire views business education as international and practice-driven. The school has a wide range of industry and local networks with an international footprint.
Chris Marshall, Executive Dean of University of Bedfordshire Business School, commented, ‘The Business School at the University of Bedfordshire in the United Kingdom is delighted to announce the successful reapproval of its Business School Impact System (BSIS) review led by Prof Michel Kalika, the BSIS Director. The two-day event took place in July 2021 and, as before, provided an excellent engagement across the University and major stakeholders around the impact of our Business School within our local regional and international operations. The original approval took place in 2018 and the work we prepared for the original submission proved invaluable in anchoring our understanding of the true impact our School was making and has provided the basis for resetting our strategy as a School around sustainable and responsible management educational goals.
The latest review has demonstrated the progress we have made, especially in the service and impact we make on our local Business community, especially small to medium-sized enterprises where BSIS sitting alongside the Small Business Charter accreditation we have received from the UK Chartered Association of Business Schools has proved important in expanding our regional work. In turn, this has provided important opportunities for our students in enhancing the relevance of our curriculum offer and contributed toward the greater employability of our graduates. During the last five years, our School has become truly international in character, offering an expanding range of courses in partnership around the world and as a destination of choice for an increasing number of international students studying at one of the Campuses in Luton and Bedford. We have been innovative in the design of courses reflecting the changing patterns of demand. The BSIS process of dialogue and concluding recommendations have provided an excellent basis for carrying this process of international impact much further. It has given important impetus to our thinking and a catalyst to our next steps in planning for our School. We are still on a journey with BSIS and see it as central in supporting development.’
University of Ljubljana, School of Business and Economics (SEB LU)
SEB LU is located in the northern part of Ljubljana, the capital of Slovenia. It is Slovenia’s largest higher education institution in the field of business and plays a central role in the country’s ecosystem.
On behalf of the school, Metka Tekavčič, Dean of the University of Ljubljana, School of Economics and Business, said, ‘Following the award of the Business School Impact System (BSIS) label in recognition of the significant contribution of the University of Ljubljana, School of Economics and Business (SEB LU) to society in 2018, the renewal of the BSIS process in 2021 has once again encouraged us to focus our attention even more on our impact. The process itself and the BSIS recommendations have helped us to identify actions to improve quality and to see the school from a broader perspective. We are very pleased that the experts in the renewal process found that the school’s impact has increased since the first BSIS visit and that the school’s ability to demonstrate and communicate its impact has improved.
The BSIS experts praised SEB LU as a forward-thinking, committed and socially responsible school that is committed to driving change for the benefit of all stakeholders and society: This is evident in its progressive capacity to support new ventures, its extensive academic and professional networking activities, and its commitment to maintaining recognised standards of international excellence across its accreditation portfolio while upholding SDG principles and practices.
In particular, the fact that the experts highlighted impact as a culture of SEB LU (impact is not a question here, but a culture: a culture of loyalty – “giving back to the country is a privilege”) is a tremendous recognition for us and a great commitment to further affirm this in the future, both in the renewed strategy and with our actions.
The feedback and recommendation from BSIS experts to the school to further develop its existing culture of “service to Slovenian society” towards “impact leadership” is a strong endorsement of the school’s commitment to impact and supporting Slovenia’s future prosperity.’
The Business School Impact System (BSIS) scheme is designed to determine the extent of a school’s impact upon its local environment – the city or region in which it is located. The BSIS process is offered in a joint venture between EFMD Global and FNEGE as a service to EFMD members in any part of the world. The impact of the business school is analysed on the basis of the following seven areas of impact: financial, educational, business development impact as well as intellectual, societal, image and impact within the regional ecosystem.
There are currently 59 schools across 19 countries that received the BSIS label.
Do you wonder how the impact system reflects the societal and economic changes and responds to them? What kind of impact does it have on the business schools that decide to go through the system? Learn more in the latest article “BSIS: A Journey of Self-Discovery” written by the co-founders of BSIS.