You might be wondering for whom an AACSB online MBA degree is ideal? It is important for professors in business institutions to hold an AACSB-accredited business degree for their chosen line of work. If you are not interested in a teaching job, this kind of degree will only be useful if you are eyeing an executive position at work.
Just recently, the Intel Corporation publicly announced that their corporate tuition assistance program would only reimburse for MBA degrees completed at AACSB accredited schools. Even if you got an online degree, if the school is AACSB certified, you will get support for your tuition. In the business environment, the best opportunities are reserved for people who have MBAs that come with AACSB accredited institutions.
What you have here is the abbreviated version of the Association to Advance Collegiate Schools of Business International. Here is an agency that is voluntarily run and they are in charge of evaluating business and accounting schools for educational quality. It was in 1916 when this agency first came about and business schools have been monitored by them ever since.
When it comes to this accrediting body, they have actually given their seal of approval to a number of Ivy League business institutions. From Stanford to Duke, there are plenty of educational facilities that have AACSB accredited MBA programs under their belt. Of these, the Duke University offers an AACSB online MBA degree program.
It is perfectly alright for educational facilities to offer MBA programs, online or in campus, even if they do not have an accreditation from the AACSB. The AACSB has standards for the schools and programs that they certify but based on a recent study, about seventy percent of the institutions that have been accredited are not following the rules. There are so many things in store for those who manage to complete an AACSB accredited MBA degree but even if this is so, there is a limited number of institutions that have this particular form of accreditation.
An accreditation from the AACSB is not the only bearing for schools when it comes to something like educational quality. Innovative programs of study are often provided to people by the schools that have not been accredited by an agency such as the AACSB. Accreditation from the AACSB is sometimes not preferred by several schools and this is because being bound by the regulations prevents them from designing programs that can suit typical students as well as the older, more experienced ones.
Another reason to forgo an AACSB online MBA is the price, as the program may cost considerably more than the usual regionally-accredited schools. Those who can go for an AACSB online MBA are the people who can afford to pay about 30000. About 23000 is the average price for an MBA that has only been accredited regionally.
An unaccredited MBA immediately slashes ten thousand dollars off. If you are working with limited funds, forego the program with the AACSB seal. If your MBA has been certified by the AACSB, expect more complications during the application process.
What makes the AACSB approved MBA better? Aside from possessing an undergraduate GPA, applicants must be able to pass something that is known as the Graduate Management Admissions Test. Since these things are required, average students usually fail to comply with the higher admission standards.
When it comes to an AACSB online MBA degree, even if there are numerous requirements that come with the program, you should really look into it. This is something that is ideal for people who are confident in their business knowledge and also ideal for those who are working in an intensely competitive business setting. This is also something that you should go for if the reputation that you will gain upon graduation matters a lot.
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