What kind of person will benefit from something like an AACSB online MBA degree? For those who want to be an educator working for an institution that offers business programs, you will need an AACSB-accredited business degree. But outside the academe, this particular accreditation is less critical, unless you desire to compete at the management/executive level.
For Intel, who has been providing tuition assistance for workers interested in getting their MBAs, the company announced that they will start extending support only to MBA graduates of AACSB accredited schools. Even if you got an online degree, if the school is AACSB certified, you will get support for your tuition. If you manage to get a business degree from a school with the AACSB's seal of approval, you will have an edge professionally.
Association to Advance Collegiate Schools of Business International is what these letters stand for. Voluntary and private in origin, this particular certifications agency works not only with business institutions but those that delve into accounting as well. The AACSB has been the academic watchdog of advanced business education programs since 1916.
Due to their longevity not to mention their consistency, there are tons of Ivy League business schools that have applied for Arcs accreditation. From Stanford to Duke, there are plenty of educational facilities that have AACSB accredited MBA programs under their belt. When it comes to the AACSB, they have even accredited the online MBA course from Duke.
However, one should note that universities do not necessarily need an AACSB accreditation to offer an MBA degree program, be it online or on-campus. There was a study on MBAs that was conducted recently and according to the results, a number of accredited online courses have failed to abide by the standards of the AACSB. While an AACSB accredited online MBA is the gold standard of distance learning MBA school accreditation, only about 30% of business schools in the US have AACSB accreditation.
An accreditation from the AACSB is not the only bearing for schools when it comes to something like educational quality. In some cases, the institutions that do not follow the standards of the AACSB have more comprehensive courses for interested individuals. One of the reasons why some institutions prefer not to have this kind of accreditation is because they want to create programs not only for typical students but for working professionals as well.
The thing about an AACSB online MBA is that the accreditation jacks up the costs of studying making a conventional MBA more feasible for most students. If you do not have a thirty grand budget, do not enroll in an AACSB online MBA program. Without an accreditation from the agency, you immediately get a ten grand discount.
Choosing a regionally certified course will lead to 10000 in savings. Choose the ordinary MBA if you are working with a strict budget. You may skip AACSB accreditation too to gain easier admission to an MBA program.
Why? The GMAT is something that will be required when it comes to this and you should also have a higher than usual undergraduate GPA. Accredited programs demand higher admission standards making the programs farfetched for average students.
To sum up everything, there are several reasons to consider an AACSB online MBA degree. If you are eyeing a competitive job position, you should seriously consider this degree and if you are confident in what you know, the GRE or GMAT requirements should not bother you one bit. For those with adequate funding and for those who are concerned with academic prestige, this is the course to consider.
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