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Business School Impact system (BSIS) Quiz

Welcome to the BSIS quiz; please choose one correct option. We look forward to receiving your answers!

1. Designed to identify, measure and communicate business schools’ impact, BSIS has also become a process that allows experts to provide strategic development recommendations. What is the fundamental goal of the BSIS process?

a) To demonstrate the school's research impact
b) To better measure the institution's impact and communicate the results of this to stakeholders
c) To showcase the institution's societal impact
d) To help schools, that pursue accreditation, demonstrate their impact towards accreditation bodies

2. Where do the data used for BSIS come from?

a) Institutions provide quantitative and qualitative data covering seven dimensions and a range of indicators.
b) Students assess their business school on its societal impact.
c) Business schools select case studies and research papers to demonstrate what they are doing to generate impact.
d) Institutions map their activities against the UN’s Sustainable Development Goals (SDGs).

3. How many institutions currently hold the BSIS label and across how many countries?

a) 40 institutions in 15 countries
b) 50 institutions in 17 countries
c) 62 institutions in 19 countries

4. BSIS itself can have a positive impact on your institution. What do we mean by that?

a) BSIS positively impacts the school's mission, vision and strategy.
b) The process and its outcomes are sources of internal pride among faculty, staff and students.
c) The financial impact measured by BSIS can boost a school's funding.
d) All of the above.

5. How does the BSIS process differ from accreditations such as EQUIS, EFMD accredited, AMBA, AACSB etc?

a) BSIS does not assess the school’s ability to meet/not meet a set of required standards.
b) The BSIS process is flexible in terms of timescale and review parameters.
c) During the BSIS renewal process, the school can choose to deep dive into two or more dimensions rather than being reassessed on all seven.
d) All of the above.

6. Is BSIS beneficial to local stakeholders?

a) Only one of the BSIS dimensions - business development impact - focuses on proving to stakeholders how the institution supports local business stakeholders.
b) Yes, public and private institutions supporting the institution can see the validity and efficiency of their investments.
c) Local stakeholders are not convinced unless they can have a say in the institution’s curriculum.

7. Who are BSIS experts leading the impact assessment process?

a) A consulting firm
b) Current and former deans
c) Company representatives
d) Current and former deans with company representatives

8. BSIS serves as a powerful negotiation tool with:

a) Private and public funders - chambers of commerce, industry, and the State
b) Staff and academia
c) Local, regional, national and international stakeholders
d) May be all of the above.

9. How is the BSIS impact zone identified?

a) BSIS experts specify the impact zone.
b) A school can select and even change the the impact zone as the process evolves.
c) Impact zones are defined exclusively according to identified stakeholders.

10. When did BSIS originate, and who is behind the idea and has run the project in conjunction until today?

a) In 2010, EFMD and REF (Research Excellence Framework).
b) In 2008, EFMD and Emerald.
c) In 2012, EFMD and FNEGE (Fondation Nationale pour l'Enseignement de la Gestion des Entreprises).
d) In 2014, EFMD and AACSB.

We invite you to delve into the BSIS: A Decade of Impact book and get inspired by 62 testimonies from business schools and experts proving that BSIS is more than impact indicators and measurements.

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