When it comes to an AACSB online MBA degree, who should engage in it? It is important for professors in business institutions to hold an AACSB-accredited business degree for their chosen line of work. But outside the academe, this particular accreditation is less critical, unless you desire to compete at the management/executive level.
There was one company who recently mentioned that they will only be shouldering tuitions, as part of their assistance program, if the person obtained an MBA from an institution that has the AACSB seal of approval. 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.
When it comes to these five letters, you will be dealing with the Association to Advance Collegiate Schools of Business International. What you have here is a private accrediting body that deals with al sorts of schools that offer business and accounting programs. Since they started working in the 1900s, this agency has continually evaluated business institutions year after year.
Due to this organization's consistency and longevity, many esteemed Ivy League business schools receive accreditation from the AACSB. From Stanford to Duke, there are plenty of educational facilities that have AACSB accredited MBA programs under their belt. Duke University actually has an online MBA program that has been approved by the AACSB.
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. About seventy percent of the schools and programs that have received the seal of approval of the AACSB has failed to comply with the agency's regulations according to a recent study. 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.
Taking this into consideration, you can now see that schools can provide quality education without the approval of the AACSB. For institutions that do not follow the standards of the AACSB, a lot of them are actually providing students with better study programs. 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.
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. If the MBA only has a standard certificate, it will cost about ten thousand dollars less.
You can save as much as ten grand by not going for the AACSB accredited course. 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.
Why is the AACSB accredited course more challenging? 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. Do consider something like this if you can afford the tuition and if the prestige of the program is something that is important to you.
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