In the case of an AACSB online MBA degree, who needs this form of education? Getting into a business school as an educator will be possible if you are able to get 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.
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. If you manage to get a business degree from a school with the AACSB's seal of approval, you will have an edge professionally.
The AACSB is 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. This accrediting body has been around for decades continually watching over business schools.
Due to their longevity not to mention their consistency, there are tons of Ivy League business schools that have applied for Arcs accreditation. The thing about MBA courses from top notch schools such as Yale and Stanford is that these have all been certified 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. 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. 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.
An accreditation from the AACSB is not the only bearing for schools when it comes to something like educational quality. In fact, many online schools that do not follow AACSB standards may even offer a more comprehensive and innovative program of study. 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.
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 the seal of approval of the AACSB, expect to pay 23000 for an MBA.
Choosing a regionally certified course will lead to 10000 in savings. If you are working with limited funds, forego the program with the AACSB seal. With an AACSB accreditation, MBAs will be harder to accomplish too so think about this.
You might be wondering why this is so. Besides having an undergraduate GPA that is above average, it is also mandatory that you pass the Graduate Management Admissions Test. What you have here are the requirements that make these accredited courses not feasible for most students.
To sum up everything, there are several reasons to consider an AACSB online MBA degree. 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. Also, you might get it if academic prestige matters most to you or you have a corporate tuition plan that only pays for an AACSB-accredited school.
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