Issues Surrounding Business School Accreditation
Students who are weighing their online MBA options are more than likely confused by the various accolades that different colleges flaunt. While many schools claim to be accredited, it’s actually quite difficult to figure out what that even means. Some of the confusion stems from the fact that there are countless different accreditation boards. It can be hard to tell one from another.
A few unscrupulous even have names that are close to the names of legitimate ones in the hopes of tricking those who haven’t been able to take the time to really do some research. In a couple of extreme cases there have been colleges who make up their own programs to make their MBA programs look flashier than they really are. There’s one easy way to cut through all of this, however.
Look for a stamp of approval from the Association to Advance Collegiate Schools of Business. The AACSB is trusted when it comes to MBA programs. While the organization was originally founded back in 1916 to protect those who were attending traditional colleges, the organization is now also looking into how good distance education packages are. They hold both types of programs to the same strict standards.
Only 711 different colleges have AACSB accreditation throughout the world, which means that only about 5 percent of the world’s business schools have it. If a college legitimately has an AACSB rating, it can generally be trusted. Most online business programs that have this rating will feature the AACSB seal on their site, which shows that they are legitimate.
It’s also good to look for regional accrediting boards like the New England Association of Schools and Colleges, but these generally come after the premier AACSB seal of approval. Those who are attending private school will want to check that their school is a private nonprofit research university, as opposed to some type of for profit academy.
While many campuses like to claim that they are, traditional colleges like Northeastern University actually have the authority to make this claim. Those who want to attend distance programs might want to look for traditional schools that offer online options in addition to their classroom education. These colleges often pool resources between the two halves of the school, and that increases the chances that a student will get the same caliber of instruction online that they would if they were sitting in a lecture hall.