You might be wondering for whom an AACSB online MBA degree is ideal? Getting into a business school as an educator will be possible if you are able to get 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.
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. As long as the MBA program came from the accredited school, they will pay for it. 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. Voluntary and private in origin, this particular certifications agency works not only with business institutions but those that delve into accounting as well. 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. Popular universities such as Stanford University, Duke University and Yale University all operate with AACSB accreditation for their MBA degree program. One university, Duke, which offers online MBAs too, has received accreditation for these courses.
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. 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. While an AACSB accredited online MBA is the gold standard of distance learning MBA school accreditation, only about 30% of business schools in the US have AACSB accreditation.
Taking this into consideration, you can now see that schools can provide quality education without the approval of the AACSB. In fact, many online schools that do not follow AACSB standards may even offer a more comprehensive and innovative program of study. 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.
In the case of an AACSB online MBA, this is something that will lead students to higher expenses when they study and so a traditional MBA is often chosen. Today, the average cost of an AACSB accredited online MBA is about ,000. On the other hand, the average cost of its regionally-accredited counterpart is only ,000.
You can easily save 10000 when you opt for the conventional MBA. For people who cannot afford the AACSB MBA, a conventional one will do just fine. It can be more challenging to complete an AACSB accredited MBA course.
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. 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. 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. 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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