What kind of person will benefit from something like an AACSB online MBA degree? 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.
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. In campus or not, you will get tuition support for as long as your school is AACSB accredited. If you manage to get a business degree from a school with the AACSB's seal of approval, you will have an edge professionally.
What you have here is the abbreviated version of the Association to Advance Collegiate Schools of Business International. 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. All receiving the coveted AACSB seal of approval are the MBA programs that are being provided by institutions such as Stanford, Yale, and Duke. When it comes to the AACSB, they have even accredited the online MBA course from Duke.
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. 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.
It is possible for institutions to provide quality education to their students even if they have not been accredited by the AACSB. There are times when universities that do not have the AACSB's accreditation offer even better programs for their students. Some schools shun this accreditation because they opt for flexibility in developing more real-life curricula and the capacity to accept an older, more experienced body of adult students.
Another reason to forgo an AACSB online MBA is the price, as the program may cost considerably more than the usual regionally-accredited schools. When it comes to an AACSB online MBA, expect to pay about 30 grand or more. If the MBA only has a standard certificate, it will cost about ten thousand dollars less.
You can easily save 10000 when you opt for the conventional MBA. For people who cannot afford the AACSB MBA, a conventional one will do just fine. With an AACSB accreditation, MBAs will be harder to accomplish too so think about this.
What makes the AACSB approved MBA better? When it comes to this, you will have to undergo a test called the GMAT and your undergraduate GPA should not be on an average level. There are a lot of students who are discouraged from applying because of these extreme requirements.
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. It is great if you are competing in a highly competitive career field in an urban setting and you don't mind getting the GMAT or GRE because you are confident you can get high scores in both. If you have the funding and if you consider reputation to be an important factor, this is the course for you.
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