Archive for October, 2009
What is the AACSB?
The AACSB is an accreditation association. The acronym stands for “The Association to Advance Collegiate Schools of Business.” Accreditation is a voluntary process colleges and universities undergo, a type of evaluation by a third party organization, which assesses the college or university’s academic soundness.
There are six major accreditation associations which accredit higher education institutions and their general academic policies and procedures. The AACSB is not one of these, but rather another type of organization. There are certain fields in which specialized accreditors take interest, and assess the programs related to those fields. The AACSB is one of these. It evaluates programs in business, management, and accounting. So AACSB accredited schools are an excellent option for those who are pursuing their degrees in business and accounting related fields.
What standards does AACSB use to assess schools for accreditation?
The AACSB assesses only business colleges, rather than the entire college or university. It looks at the business and accounting related programs and whether or not they are up to date and of high academic quality and integrity. AACSB accredited schools are those which are preparing the accountants and business students of today for professional careers upon graduation.
How important is it that my school is AACSB accredited?
It depends on what you plan to do with your degree. If you’re getting your undergraduate degree in business or accounting, it’s not necessarily of critical importance that your college or university has an AACSB accreditation. But if you’re going for your master’s or PhD in business, looking into AACSB accredited schools is a good bet.
Does choosing an MBA program from options offered by AACSB accredited schools really matter?
It does, not only because your degree itself will be more prestigious within your field, but because you’ll know that the program you attend is on the cutting edge of business education.
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