What kind of person will benefit from something like an AACSB online MBA degree? If you are pursuing a teaching career at a business school, then definitely, you may consider an AACSB-accredited business degree. If teaching is not in your roots, you will only find such a degree advantageous if you engage in the kind of work that is at a managerial level.
Just recently, the Intel Corporation publicly announced that their corporate tuition assistance program would only reimburse for MBA degrees completed at AACSB accredited schools. In campus or not, you will get tuition support for as long as your school is AACSB accredited. A business degree adorned with the AACSB label will be highly valuable for opening doors in almost any competitive business environment.
This kind of accreditation actually comes from the Association to Advance Collegiate Schools of Business International. Aside from business schools, this private agency also reviews and certifies various accounting schools in the country. Since they started working in the 1900s, this agency has continually evaluated business institutions year after year.
When it comes to this accrediting body, they have actually given their seal of approval to a number of Ivy League business institutions. When it comes to schools such as Yale and Duke, the MBA programs provided by these institutions have all been accredited by the AACSB. Of these, the Duke University offers an AACSB online MBA degree program.
Something that you really should know is that schools do not need to be accredited by the AACSB for them to legally offer all kinds of MBA programs. More than fifty percent of accredited programs are not working within the standards set by the AACSB according to a recently conducted study on the matter. Even if an AACSB accredited online degree is more advantageous than conventional ones, there are only about thirty percent of total schools that have received this kind of certification.
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. 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.
There are a lot of people that go for typical MBAs and this is because of the fact that an AACSB online MBA will relatively cost more than the former. The average cost when you get an AACSB online MBA is about thirty thousand dollars. Without the seal of approval of the AACSB, expect to pay 23000 for an MBA.
An unaccredited MBA immediately slashes ten thousand dollars off. For people who cannot afford the AACSB MBA, a conventional one will do just fine. If your MBA has been certified by the AACSB, expect more complications during the application process.
Why is the AACSB accredited course more challenging? Besides having an undergraduate GPA that is above average, it is also mandatory that you pass 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. 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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