What kind of person will benefit from something like an AACSB online MBA degree? It is important for professors in business institutions to hold an AACSB-accredited business degree for their chosen line of work. 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. This is regardless of whether the degree is earned online or on-campus. If you manage to get a business degree from a school with the AACSB's seal of approval, you will have an edge professionally.
What you have here is the abbreviated version of 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. Since they started working in the 1900s, this agency has continually evaluated business institutions year after year.
A number of Ivy League business institutions have obtained a seal of approval from the AACSB which has been consistent in this field. 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.
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. 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. There are times when universities that do not have the AACSB's accreditation offer even better programs for their students. 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.
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. Those who can go for an AACSB online MBA are the people who can afford to pay about 30000. About 23000 is the average price for an MBA that has only been accredited regionally.
You can easily save 10000 when you opt for the conventional MBA. Choose the ordinary MBA if you are working with a strict budget. You may skip AACSB accreditation too to gain easier admission to an MBA program.
What makes the AACSB approved MBA better? The GMAT is something that will be required when it comes to this and you should also have a higher than usual undergraduate GPA. 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. If you are eyeing a competitive job position, you should seriously consider this degree and if you are confident in what you know, the GRE or GMAT requirements should not bother you one bit. For those with adequate funding and for those who are concerned with academic prestige, this is the course to consider.
Great and useful information about accredited online mba programs and also about aacsb accredited online mba can be found when you hit the links.
