Right here I'd have to say you're off base. 1. Most people who want a business education out of undergrad do not know what AACSB accreditation is. They know what schools are on the top school rankings and they know generally that a state school is one ok option. 2. Painting a broad brush stroke, people who know about AACSB accreditation go to their AACSB accredited school because they realize they need to to stand a chance at getting into an AACSB doctoral program or to get a faculty gig. Neither of these points has anything to do with getting a good education, which is more on the student to ensure as you can send a moron to Harvard and he'll still be a moron. and I'm sure that only Indians bribe people? This is discriminatory language based on stereotype. While it may be true for some segment of the population and certainly not right in our Western culture, there's something to be said for cultural relativity. Who is the "whole world" in your example? I work with consultancy firms in India daily and I was unaware.