My understanding, based on AACSB guidance, is that the presumption of qualification can last up to 5 years if the school do chooses and is not limited to 3 years as Michael states. The 5 year presumption makes sense as a matter of reaccreditation cycle timing (I.e., someone who earns her degree in year X can be considered AQ through year X+5, which will extend through one, but not two, reaccreditation cycles).  The newly-degrees individual must begin whatever appropriate development activities will maintain her status, according to her school's policy, by the second cycle. 

Of course a school could adopt a 3-year rather than 5-year presumption in its own policies, and I presume AACSB would have no objection to that more stringent standard. 

Jamie

Sent from my iPhone

On Nov 22, 2011, at 2:04 AM, "Michael O'Hara" <[log in to unmask]> wrote:

> ALSBTALK:
> 
> Do recall that neither the AQ status nor the PQ status is a status that once earned is forever possessed.  Both AQ and PQ are on a rolling five year cycle.  
> 
> There  is an irrebuttable presumption of AQ status springing from the J.D. degree, as it does for all relevant terminal degrees:  but, that irrebuttable presumption only lasts three years. 
> 
> Starting in year four following graduation from law school a faculty member's AQ status and/or PQ status depends upon actions other than mere graduation.  Which actions are required is up to the school, but subject to the constraint that the school's criteria for AQ and criteria for PQ must match and further the school's Mission.
> 
> A school may and a school need not specify professional licensure as the or as one criteria for obtaining and/or sustaining the status AQ and/or the status PQ.  However, the AACSB Standards expressly recognize both [i] Accounting Ph.D.; and [ii] L.L.M. plus C.P.A. as terminally qualified in Accounting for the purposes of tax.
> 
> AQ and PQ, purportedly, have management by objective as their sole objective.  However, AQ and PQ are procedural rubrics that just so happen to facilitate post-tenure review.
> 
> Michael
> 
> Professor Michael J. O'Hara, J.D., Ph.D.
> Finance, Banking, & Law Department
> College of Business Administration
> Mammel Hall 228 
> University of Nebraska at Omaha
> 6708 Pine Street 
> Omaha  NE  68182-0048
> [log in to unmask] 
> (402) 554 - 2823 voice  fax (402) 554 - 2680
> http://cba.unomaha.edu/faculty/mohara/web/ohara.htm