What kind of person will benefit from something like an AACSB online MBA degree? For those who want to be an educator working for an institution that offers business programs, you will need an AACSB-accredited business degree. If you want to work for a company, this degree will only be beneficial if you are fighting for the executive position.
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. Even if you got an online degree, if the school is AACSB certified, you will get support for your tuition. If your MBA has been completed in a school that has been certified by the AACSB, expect numerous working opportunities upon graduation.
The AACSB is the Association to Advance Collegiate Schools of Business International. Here is an agency that is voluntarily run and they are in charge of evaluating business and accounting schools for educational quality. It was in 1916 when this agency first came about and business schools have been monitored by them ever since.
Considering their consistency in evaluating schools, the AACSB has given accreditation to a lot of esteemed Ivy League business schools. All receiving the coveted AACSB seal of approval are the MBA programs that are being provided by institutions such as Stanford, Yale, and Duke. Duke University actually has an online MBA program that has been approved by the AACSB.
People are often confused when it comes to AACSB certifications but universities do not have to be accredited for them to offer an MBA degree program. 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.
It is possible for institutions to provide quality education to their students even if they have not been accredited by the AACSB. Innovative programs of study are often provided to people by the schools that have not been accredited by an agency such as the AACSB. Since universities deal with students that are a bit older at times, they need flexibility in their program design and this is only achievable if they are not bound by the standards of the AACSB.
When it comes to an AACSB online MBA, this is something that can be pricier than the conventional MBA and this is why the latter is preferred by many. 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.
An unaccredited MBA immediately slashes ten thousand dollars off. If you are on a tight budget, you may skip AACSB accreditation on your distance MBA to save. If your MBA has been certified by the AACSB, expect more complications during the application process.
Why? 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. This can be a frustrating requirement for average students as most AACSB-accredited business schools typically uphold higher admission standards than their counterparts.
Do not be discouraged because of the higher admission standards that come with an AACSB online MBA degree since there are a ton of benefits that you can expect from it as well. Having the confidence in your knowledge and skills makes you a perfect applicant for this kind of program and this will benefit you in the long run if you are someone who is working in a very competitive corporate environment. This is also something that you should go for if the reputation that you will gain upon graduation matters a lot.
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