When looking for the right business degree program, accreditation is an important consideration. After all, accreditation provides a way to measure the excellence of an educational program, the suitability of instructional facilities, the quality of a school’s library, and many other factors. When it comes to finding an accredited online MBA (Master of Business Administration), the accreditation that is most valuable is accreditation from the Association to Advance Collegiate Schools of Business (AACSB).
For nearly 100 years, the AACSB has developed and applied accreditation standards by which schools, colleges, and departments of business can be evaluated. The AACSB has accreditation standards for business programs and accounting programs at both the undergraduate and graduate level. MBA students will obviously want to look for a graduate level AACSB accredited online MBA.
The Accreditation Process
Online MBA programs accredited by the AACSB have gone through an extensive accreditation process that takes several years and requires the schools offering them to prove the quality of the education they offer. Only members of the AACSB can receive accreditation, but even then, accreditation is not guaranteed. An AACSB accredited online MBA must prove that it has the administrative and faculty resources necessary to keep its accredited MBA programs up to date and ever improving according to advances in the business and accounting fields. Diversity within both the faculty and student body is also required for accreditation.
An MBA program cannot be accredited until it has graduated at least two classes of students. This proves that the school has a true commitment to see its students through to the end and to provide them with a qualification that will benefit them in their careers. Online accredited MBA programs, therefore, will have demonstrated their ability to produce knowledgeable and qualified students who are equipped for leadership roles in both the private and public sectors.
The Benefits of Accreditation
An accredited online MBA program has many advantages over MBA programs that have not chosen to go through the often grueling accreditation process. In the first place, an online MBA accredited by the AACSB has demonstrated that it provides a quality education. Thus, students need not fear that they will receive inadequate training when they take an accredited MBA online.
Second, business students who want to go on for doctoral study in business, accounting, and business administration almost always need an accredited MBA online. Doctoral programs know that only students from an online accredited MBA will possess the research and analysis skills necessary for success at the highest academic level. By admitting only students who have earned an accredited online MBA, these doctoral programs weed out unqualified doctoral applicants and help make sure that they only end up with students who are prepared for advanced doctoral study.
Finally, when it comes to online MBA programs, accredited degrees are more valuable in the eyes of potential employers. Generally speaking, the most respected business schools have received AACSB accreditation and offer online accredited MBA programs. These are the schools that employers recognize when applicants provide their educational background on their job applications. An MBA online accredited degree demonstrates to employers immediately that an applicant is worthy of serious consideration for a job.
Finding Out if Your School is Accredited
There are many online accredited MBA programs available today, and it is not too difficult to discover whether a school has earned AACSB accreditation and offers traditional and MBA online accredited programs. A quick perusal of a business school’s website will usually provide accreditation information to the interested student. Students can also visit the AACSB website in order to determine whether the school they are interested in has an AACSB accredited online MBA program.
Accreditation and Degree Concentrations
Although we have spoken much about accredited online MBA programs, prospective students should be aware that technically speaking, the AACSB does not actually provide accreditation for individual programs. Instead, the AACSB accredits the business school, college, or department itself. This accreditation means that every online MBA accredited and traditional MBA degree offered by the accredited institution meets the standards for quality set by the AACSB.
As far as concentrations in an online MBA, accredited business schools, colleges, and departments may offer an online accredited MBA in several different focus areas. Those who are interested in a marketing career can enroll in an accredited online MBA program in marketing. Individuals who are concerned to save the environment can earn an online accredited MBA with a focus in environmental studies. In sum, students can earn an accredited MBA online in nearly every concentration imaginable. Thus, an MBA online accredited by the AACSB can guarantee students a quality education in the concentration about which they are most passionate.