My sources tell me that the full report will be available in 10 days.  However, these sources also tell me that the team voiced/showed concerns about

1.  assessment (assessment was apparently lacking)
2.  lack of faculty research in some academic areas/departments
3.  lack of a well-defined tenure/promotion/evaluation/raise procedure (that is, the team apparently perceived that different individuals had to clear different hurdles, sometimes within the same area)
4.  poorly written and prepared documents
5.  lack of documentation of activities
6.  lack of faculty participation


Again, these are rumored potential problems.  Whatever issues are specified will be included with the formal report and may be more or less than mentioned by my sources.

As an aside, the AACSB process does mirror the SACS process.  AACSB uses the 6th year review to examine and to address issues that may affect the quality of education offered by the CoB.  So, this is not some trivial issue...it may or may not be damning, but it most certainly is not trivial.  The CoB will have 1 year to get things straightened out, after which AACSB may or may not require another campus visit.  During this extra year, AACSB will be looking for improvement in the problem areas.

The AACSB team reported its findings to CoB leadership yesterday morning and then reported the same to Grimes and Thames before departing the campus. 

Barry Babin, chair of Management and Marketing, told members of his department that a 6th Year Review -- AACSB terminology for probation -- was the outcome of the visit.  Babin was privy to the assessment team's debriefing.

Don't forget ousting a Dean because passing NCAATE, increasing productivity and increasing grantsmanship were not part of heading in the right direction.

Incredulous wrote:

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What a fitting finale for a failed presidency. We've seen bogus enrollment claims, a SACS probation, massive faculty attrition, a botched secret reorganization, an ill considered failed attempt to fire two senior faculty members which reflected badly on the university, multiple votes of no confidence, various stealth raises to friends and family, a failure to increase enrollment in spite of repeated statements of a goal of 20,000 students in five years, and now an accreditation problem in a major college. These are all "firsts" for the university. I hope the Shelby boosters and the alumni have seen enough.

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While I agree with most of what you say here, Incredulous, many of the supposed shortcomings in the CoB probation situation didn't require money or resources.  One document was blatantly plagiarized from another university's accreditation documents.  Others were poorly written and failed to include pertinent information. 

Shelby's had a horrendus effect on the entire university.  No doubt his shadow cast a pall on the CoB accreditation.  However, from what I'm hearing from my CoB friends, this failure is a CoB administrative one.