You might be wondering for whom an AACSB online MBA degree is ideal? It is important for professors in business institutions to hold an AACSB-accredited business degree for their chosen line of work. If you are not interested in a teaching job, this kind of degree will only be useful if you are eyeing an executive position at work.
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. The company will help shoulder your educational expenses even if you opted for an online program. When it comes to the corporate world, there are a lot of opportunities that await those with an AACSB accredited MBA degree.
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. The AACSB has been the academic watchdog of advanced business education programs since 1916.
Due to this organization's consistency and longevity, many esteemed Ivy League business schools receive accreditation from the AACSB. The thing about MBA courses from top notch schools such as Yale and Stanford is that these have all been certified by the AACSB. One university, Duke, which offers online MBAs too, has received accreditation for these courses.
It is perfectly alright for educational facilities to offer MBA programs, online or in campus, even if they do not have an accreditation from the AACSB. 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.
As such, AACSB approval is not the absolute assurance of quality education. For institutions that do not follow the standards of the AACSB, a lot of them are actually providing students with better study programs. 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.
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. 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. If you want to save on your MBA, see to it that you forego the AACSB accredited program. You may skip AACSB accreditation too to gain easier admission to an MBA program.
Why is the AACSB accredited course more challenging? Besides having an undergraduate GPA that is above average, it is also mandatory that you pass the Graduate Management Admissions Test. Accredited programs demand higher admission standards making the programs farfetched for average students.
There are plenty of things that should be thought of when it comes to an AACSB online MBA degree but there are numerous reasons why you should go for this kind of degree. 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. For those with adequate funding and for those who are concerned with academic prestige, this is the course to consider.
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