In this article, we will answer the most common questions raised by global students when they think about pursuing post-graduate degrees in the field of higher education.
Why is MBA accreditation Important?
What are the most respected regulators and accreditors?
In today’s more uncertain economic environment and competitive working atmosphere, a graduate degree is basically not sufficient and you shall find a prestigious and accredited post-graduate degree to differentiate yourself from the crowd (average society’s manpower).
HR managers are seeking and searching for more educated employees with great experience, and concrete evidence-based abilities in the employees that they would like to hire to enhance the company’s performance.
The easiest route to find such qualities is to enroll yourself in a graduate degree and for that reason you will find employers trying to hire you to utilize your distinguished capabilities.
If you are already in the arena of business, financial markets, and corporate life and would like to boost a greater career in life, the optimum solution is to obtain your MBA.
Obtaining an accredited MBA isn’t simple due to the increasing number of educational scams and diploma mills as well as accreditation mills.
Generally speaking, it requires a couple of years to finish your studies. For that particular reason, it is important that you will avoid programs that claim that you can attain your degree in a few weeks or months, so that doesn’t just select any college for your MBA degree.
You need to choose an accredited program that has a good reputation, well respected and has a high employability rate for achieving your financial dreams.
We will illustrate a full list of standards to look for in MBA accreditation.
MBA accreditation institutions play a great role as monitors of the educational sector and affect the scientific knowledge, privileges, and movement of graduates both in and out the business school.
MBA accreditation bodies were established during the last century to help students choose high quality of education, after the spread of the notion of MBA and its fame many fake MBA and DBA weak certificates and institutions appeared.
This problem was the critical factor that motivated universities and schools to take accreditation seriously and every institution tried to be recognized from governmental higher education ministries or to accredited by global educational providers or accreditors established by civil society or think tanks.
Fake MBA’s may lead to financial problems to individuals and big organizations due to the unauthorized curriculum that may be taught to students.
Societies always ask questions to accreditation bodies for getting answers to be confident when they join any MBA or DBA degree.
Accreditation indicates real education and as a proxy for quality.
Broadly speaking, accreditation bodies serve to establish and assess the various standards and practices of business schools, in order to ensure institutions and programs aspire to and maintain quality across the field.
Internationally, there are ten main MBA accreditation bodies whose sign of accreditation is highly recommended and respected by global companies.
The Association to Advance Collegiate Schools of Business (AACSB), the Association of MBAs (AMBA), and the European Quality Improvement System (EQUIS), Accreditation services for international colleges, schools and universities (ASIC UK), Eduqua Swiss quality label, Council of higher education accreditation (CHEA) , International standardization organization ( ISO) ,
Accreditation Council for Business Schools and Programs (ACBSP), International Accreditation Council for Business Education (IACBE) , Distance Education Accrediting Commission (DEAC).
Any institution that can gain three accreditations or more will get the title of triple accreditation educational entity and a triple crown accreditation when an institution gain the accreditation of AMBA,EQUIS and AACSB.
Accredited providers are seen as the crème de la crème of MBA and DBA world especially all providers whom gained and maintained accreditation three of these organizations.
These accreditors function both on national and transnational levels, and offer guidance to educational providers to advance and adjust the standards of higher education in MBA and DBA.
Accreditors focus on updated curriculum, faculty experience, services, positive classmate cohesiveness, academic support for international students, and aid in career development.
Entry requirements, documents for enrolment and eligibility criteria to study MBA and DBA are also considered and judgements will be made upon the admission criteria. A degree mill will usually accept anyone who can pay tuition fees or for a candidate to be enrolled into an accredited college without a graduate certification or several years of experience.
For these reasons graduates who hold a degree from an accredited provider look more attractive to owners and employers.
When you approach a business school, firstly, you need to make sure whether or not the school is accredited by a well-known organization that carries value and is characterized by academic integrity and transparency in the field.
According to the Association of MBAs, accreditation adds an enormous deal of value to institutions that grant MBAs. A few of these benefits include an assurance of quality, a positive signal to employers, credibility, status, saving your money from fraud institutions and influence at the international level as well as ability to continue more studies at recognized universities.
There are different types of accreditors like national accreditors (US department of education and every ministry of higher education in every country).
There are also six top regional accreditations in USA and several countries have regional accreditors that regulated educational qualifications in a certain region or several states.
Examples of regional accreditors in USA
Middle State Association of Colleges and Schools includes Delaware, District of Columbia, Maryland, New Jersey, Pennsylvania, Puerto Rico, and the Virgin Islands
New England Association of Schools and Colleges includes Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island, and Vermont.
North Central Association of Colleges and Schools includes Arizona, Arkansas, Colorado, Illinois, Indiana, Iowa, Kansas, Michigan, Minnesota, Missouri, Nebraska, New Mexico, North Dakota, Ohio, Oklahoma, South Dakota, West Virginia, Wisconsin, and Wyoming
Northwest Association of Schools and Colleges includes Alaska, Idaho, Montana, Nevada, Oregon, Utah, and Washington
Southern Association of Colleges and Schools includes Alabama, Florida, Georgia, Kentucky, Louisiana, Mississippi, North Carolina, South Carolina, Tennessee, Texas, and Virginia
Western Association of Schools and Colleges includes California, Hawaii, and the Pacific Basin
All of these accreditors are checking programs and making sure the educational process is reviewed, audited and its methods approved or validated. They act as a form of quality control and accreditation organizations take their time to evaluate the training methodology and even the student body to determine if the school meets the quality standards the evaluating agency has set.
Accreditation can help you gain financial aid because certain governments fund specific accredited degrees.
MBA students face problems on the road to job placement and managing a business efficiently, making it a priority that education be both academically sound and internationally reputable as well as studying methods should be based on modern and contemporary ways of teaching like workshops, case studies and simulations.