MBA Accreditation, what is that?

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What is accreditation for MBA? And who makes schools accredited? Also what difference does it make?

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MBA Rankings Ted Nolan 7 months 2 Answers 383 views Contributor 0

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  1. Masters of Business Administration (M.B.A) is an internationally recognized degree. It ranges from 1 to 2 years depending on the course and school you choose. To keep in check the quality of education provided at various institutions around the world, various associations and governing bodies, accredit them by regularly evaluating them on various parameters.

    Three main accreditation bodies are EQUIS, AMBA, and AACSB.

    EQUIS, European Quality Improvement System – It comes under the European foundation of management development. It evaluates the entire institution and not the individual courses. EQUIS aims to evaluate the global acceptability and the diversity of the school. EQUIS has accredited 127 business schools in 35 countries.
    AMBA, Association of MBA’s – This body doesn’t evaluate the institutions/schools as a whole but accredits individual courses. It has been in existence since 1967 and has been accrediting various courses such as MBA, DBA and MSc programmes. It focuses on evaluating the in-depth knowledge, student interactions and updating of the programmes as per the changing trends. They ensure that the programmes are up to date and provide high quality and relevant education. AMBA has accredited various programmes at 250 graduate schools in 53 countries.
    AACSB, Association to Advance Collegiate Schools of Business – They also accredit the institution and business school and not individual courses. It has been evaluating business schools on quality of curriculum, faculty, facilities, and professional development criteria since 1916. It has accredited over 780 business schools in more than 90 countries. It also holds many professional development events and has a huge global presence.

    You should always check for the accreditations that your school holds before taking the admissions because the accreditations validate your education globally. Without these accreditations, your MBA would be a waste of time.

  2. If we talk about the accreditation of these MBA programs, it is must for an MBA course get accredited by the agency which is responsible for providing students and employees with a clear picture of the program and audits the curriculum whether it meets the quality standards. There are three major accreditation bodies in the United States of America which accredit this unique business program, Association to Advance Collegiate Schools of Business (AACSB), Accreditation Council for Business Schools and Programs (ACBSP), and International Assembly for Collegiate Business Education (IACBE). If your program is accredited by these bodies, it means your course is genuine and is acceptable anywhere in the World. Today there are many accreditation bodies in the World, country wise, which is responsible for maintaining the standards of the MBA program.

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