AACSB Standards include the expectation that at least half of the faculty resources in undergraduate business programs should be academically qualified, though the percentage may vary with the mission of the school, and schools with graduate programs should have a higher percentage. At least 90 percent of faculty resources should be either academically qualified or professionally qualified, and this proportion should be maintained across programs and disciplines. This shall be measured as a percentage of student credit hours for both Fall and Spring semesters. These academic and professional qualifications depend not only on the faculty member’s qualifications as of the date hired, but also on evidence of ongoing intellectual contributions over the last five years in either discipline-based scholarship, pedagogical research, or contributions to practice. Faculty are expected to keep current in their field through research and other contributions appropriate to the stage of their career, to continue their professional development and a pattern of constant learning so that the information students receive reflects the best professional practice. For purposes of this self-study for the College of Business of the University of Nevada, Reno, we define a faculty member as Academically Qualified (AQ) if he or she has a doctoral degree in business or a related discipline, or a similar terminal degree, and has published at least two intellectual contributions in peer-reviewed journals over the past five years, or in other published outlets of equal professional standards, such as a book for a respected academic publisher. A faculty member with an established research record who demonstrates a significant level of activity may substitute two other intellectual contributions for one of the above publications, as long as these are both scholarly in nature, available to the public for scrutiny, and accepted by the department as a contribution to the field, and at least one of them is also peer-reviewed. Examples include presentations in academic conferences, published proceedings, book chapters, or publications in other edited outlets. There are at least three exceptions allowed under the AACSB standards for academic qualification: A faculty member who is currently a Ph.D. candidate in a discipline related to their teaching area may be considered academically qualified if it can be demonstrated that their dissertation research is relevant to their teaching, as long as no more than three years have passed since becoming a doctoral candidate. Except for doctoral candidates currently studying in a program within the college, no more than ten percent of faculty may fall under this exception. A faculty member who has served at least half-time in an administrative capacity, e.g., as a department chair, for at least three of the past five years, shall be considered to be academically qualified if he or she was academically qualified prior to their administrative service. A faculty member who has received his or her Ph.D. in business or a related discipline within the last five years will be considered academically qualified even if they have no other intellectual contributions since their dissertation. Visiting faculty from other institutions are also considered to be academically qualified here if they are academically qualified at their home institution. Non-tenure-track lecturers and part-time instructors who do not meet the above criteria but who are nonetheless professionally qualified are considered by the AACSB standards to be an important part of a business college’s faculty, in that they help ensure that student learning reflects current business practice, and help students to see the connection between business theory and practice. However, a tenured or tenure-track professor is expected to be academically qualified, and may not be professionally qualified in lieu of meeting those standards. For purposes of this self-study, we define a faculty member as Professionally Qualified(PQ) if he or she has at least the master’s degree in an area related to their teaching, and current relevant professional experience. For a full-time non-tenure-track lecturer, this relevant professional experience may include published intellectual contributions, as with academically qualified faculty, or at least two instances of professional consulting, conference presentations, service in professional organizations, or professional workshops over the past five years. For part-time instructors, this professional experience will likely include current professional work in their area of expertise. AACSB standards do allow some trade-offs in these expectations, though the burden of demonstrating the appropriateness of exceptions is on the college, and we have one exception to this definition: A faculty member who has a bachelor degree may be considered professionally qualified if it can be demonstrated that they have significant and high-level experience in their field, so that their experience more than compensates for the lack of a graduate degree.