Why aacsb accreditation is important

Not necessarily. The MBA program you choose will depend on a range of factors. There does seem to be a correlation between accredited and highly ranked programs. AACSB accreditation is an objective measure of quality assurance. While you should always think critically about different programs, this is especially true of non-accredited programs. AACSB reviews accreditation every five years, which means programs are forced to keep their standards high.

Some company tuition reimbursement programs will only offer reimbursement when students attend AACSB programs. Business schools applying for accreditation must develop a plan that aligns their academic standards with those of the AACSB.

It must go through a process of self, and on-site, evaluation. Accreditation by AACSB looks at big-picture issues at a business school, such as resources, quality of faculty and programmes on offer. Accreditation by AACSB represents the international seal of approval for business and accounting programmes that ensures the educational needs of students are met through high quality, continuous improvement and excellence in education.

It is a public recognition of the fact that a school has achieved a certain standard of education. For instance, one company found that employees who were educated by non-AACSB-accredited business schools had lower levels of performance.

Because of this, the organization now only reimburses tuition from AACSB-accredited business schools. Enjoyed this article?

Check out our other business and management articles here. One of its major goals is to encourage communication and interaction between businesses, students, schools, and faculty. This ensures educational efforts are relevant to the modern world of business and programs graduate capable, productive students. The benefits to each of the four groups are clear in this context, as students gain a relevant education, professors maintain a relevant knowledge base, institutions offer relevant programs, and businesses have a strong talent pool to draw from.

To qualify for accreditation, business schools submit to a review of operations based on standards developed and enforced by the AACSB. Schools face an initial review to earn accreditation, then reviews every five years going forward. Specifically, the AACSB has a set of 15 standards that focus on a number of topics, ranging from mission and strategic management to support for students, faculty, and staff, as well as learning and teaching.

The organization makes the specific criteria for both its business school accreditation program and its supplemental accounting standards available on its website. The AACSB accreditation process is relevant to both businesses and institutions of higher learning because it draws on both communities for input and information.

This is an important consideration for MBA graduates seeking positions in their chosen profession. Because AACSB accreditation is so selective, this endorsement will be something more recruiters may look for in higher-level positions.

Additionally, especially large companies that aim to attract the best talent for their managerial ranks may prioritize hires who earned an MBA degree from an accredited school.