You might be wondering for whom an AACSB online MBA degree is ideal? 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.
Unlike in the past where they paid for everything, Intel now only pays for the tuition of professionals who have managed to get their MBAs in educational facilities that have been certified by the AACSB as part of their assistance program. In campus or not, you will get tuition support for as long as your school is AACSB accredited. In the business environment, the best opportunities are reserved for people who have MBAs that come with AACSB accredited institutions.
Association to Advance Collegiate Schools of Business International is what these letters stand for. Aside from business schools, this private agency also reviews and certifies various accounting schools in the country. This accrediting body has been around for decades continually watching over business schools.
Considering their consistency in evaluating schools, the AACSB has given accreditation to a lot of esteemed Ivy League business schools. The thing about MBA courses from top notch schools such as Yale and Stanford is that these have all been certified by the AACSB. Duke has an online MBA program which has also received the seal of approval from the AACSB.
May the program be in a campus setting or coursed through the Internet, there is no law stating that without an AACSB accreditation, schools cannot offer these degrees. The AACSB has standards for the schools and programs that they certify but based on a recent study, about seventy percent of the institutions that have been accredited are not following the rules. A seal of approval from the AACSB is shared by about 30% of all institutions offering MBA programs even if an accredited course is something that will open excellent opportunities for the individual upon graduation.
The AACSB's accreditation is not the only sign that a school is providing excellent education to the people that enroll in their facilities. 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.
Another reason to forgo an AACSB online MBA is the price, as the program may cost considerably more than the usual regionally-accredited schools. If you do not have a thirty grand budget, do not enroll in an AACSB online MBA program. On the other hand, the average cost of its regionally-accredited counterpart is only ,000.
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. 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. Accredited programs demand higher admission standards making the programs farfetched for average students.
Even if an AACSB online MBA degree comes with a lot of requirements, there are several reasons why students should opt for this kind of course. If your chosen career is highly competitive, this is the degree that you should go for and you should not be intimidated by the GMAT or GRE requirements if you know that you are knowledgeable in this field. For those with adequate funding and for those who are concerned with academic prestige, this is the course to consider.
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