AACSB Says Best Accreditation

Dr Clifton smart fella. Russ troll.

 

No, I haven't failed to answer anyone's questions, I have refused to answer anyone's questions. There is a difference. As I have said, it is not important who I am or what my educational pedigree is. Other people are posting here without listing their pedigree on the bottom of their posts, why am I the only one being called on this?

 

Because you don't support anything you post! You've been asked a lot of questions about what you've posted that have nothing to do with your personal information. You've ignored all of those, too.

 

If not AACSB then what about...

If AACSB is the "top of the line" business school accreditation what is the value of having a business program accredited by another business program accreditor such as the IACBE or ACBSP? If RA accreditation is all that an employer looks for, what would be the value of any of the 3 B-school accreditors I've mentioned?

Any thoughts or insights appreciated.

 

need the triple crown

Good question.

Both the AACSB and the ACBSP are CHEA recognized accrediting organizations. Why one is better than the other escapes me. AACSB is much older. ACBSP was formed when the AACSB made it almost impossible for smaller teaching-oriented schools to become accredited. IACBE is not listed so I would guess it is of dubious value.

Why be accredited when there are no licenses\certifications I know of that require it?

Prestige? Marketing tool?

Some AACSB schools advertise for instructors holding a business PhD from an AACSB school only. Interesting thing is the AACSB doesn't require it as part of the accreditation process!

It gets crazier:

If you really want to be an elite business school you need the "Triple Crown"

Google: mba triple crown

And you will find something like this:

http://www.asianexec.com/s_education/features/010204/010204.htm


A triple crown accreditation for Strathclyde

So now if you really want to be a top business school you need the "coveted triple crown"

Guess business school deans like to be told what to do!

Just my opinion

 

Re: If not AACSB then what about...

Here is my perspective. AACSB has many guidelines and I believe one of those is entrance standards. I do not know of an AACSB MBA program that does not require the GMAT. I don't believe a minimum GMAT score or GPA is required. However, I see many of these programs use a formula based on GMAT and GPA. If you have a low GPA you can follow the formula and fit into the standard with a higher GMAT score. Likewise, low GMAT scores can be offset by high GPA.

IACBE seems to cater to less selective, open enrollment type programs. Here is their statement of accreditation philosophy:

The IACBE utilizes a distinctly different approach to accreditation, where excellence in business education is based on the results of the assessment of educational outcomes,
rather than on prescriptive input standards. Inputs do not necessarily correlate with quality outcomes, since the quality of outcomes is dependent not only on inputs, but also on the processes used by the institution to convert inputs to outcomes. The only accurate way to measure excellence in business education, therefore, is through the assessment of educational outcomes.

I have just been accepted into the MBA program at Brenau, an IACBE member. The program explains that just before I graduate, at the end of the MBA capstone course, I must take a test called the MFAT (Major Field Assessment Test). This test I believe correlates to IACBE accreditation and measurement of outcomes.

Many colleges discussed in these forums are IACBE members: Bellevue, Baker, Capitol College, City University, National University, etc. These type of colleges cater to adult and distance learners. They have pretty low admissions standards. However, this does not mean they're super-easy, or that they don't give a good education!

Is IACBE as good as AACSB? Absolutely not. It's the third place, bronze medal of accreditation. The advantage for prospective students, however, is that you know the university you are applying to has some kind of set standards (I admit I don't know exactly how strict the standards are) for the outcomes of their programs. Even if they will admit total turnips to the MBA program, they won't just pass the turnips through.

I don't see any major for-profit with IACBE accreditation. Either they don't care it about, or they don't want to divulge any information about their outcomes -- which doesn't reflect well on them. UOP, Capella, Strayer, AIU, Devry/Keller etc. just use simple RA accreditation with nothing extra for their business programs.

Therefore IACBE is not a true competitor to AACSB. They have a good niche and they should stay in that niche and work on strengthening and explaining their outcome-oriented philosophy so that people understand it better. They need to do a better job at this. Their website is terrible!

 

Re: Re: If not AACSB then what about...

Marist: see para 15

http://www.marist.edu/management/mba/mbafaq.html

Kevin

 

Re: Re: Re: If not AACSB then what about...

Yes... but it says you are not required to take the GMAT only if you already have another Master's degree. That's removing one bar only because the person has passed an even higher bar already.

I did a search for "GMAT" in the AACSB standards PDF and didn't find anything, though, so maybe it's not a rule at all... or if it is, a fairly informal one.

 

tough audience...

How about Texas A&M Commerce:

http://www7.tamu-commerce.edu/graduateprograms/FAQ/FAQ.asp

 

Bill and all - I encourage you to look at the latest AACSB standards. They no longer focus on full-time faculty - but rather on "participating" faculty (be they full or part-time) that do more than teach term at a time.

A lot of noise is made about "real day jobs". I've spent a lot of time in B-schools - many of the best profs have both academic credentials and practicial experience. A faculty that is all practitioners is seriously lacking - just as a faculty with all academics is seriously lacking.

Reards - Andy

 

Re: need the triple crown

 

There is such a thing as Certified MBA

by AMBA - but I don't know what is the value of such certification.

learner

 

Well to my knowledge the certification is not worth the money. Different schools have different reputations and the recruiters(for the fortune 500 bunch) only care what school you attended. I'm sure the Certification wouldn't hurt but I don't think it would lead to a big time MBA job.

 

Re: Re: need the triple crown

 

There is also the Certified MBA™ (CMBA)

http://www.certifiedmba.com/

As far as I know it is not required for any state\federal license.

 

This the new standards? No wonder some professors at AACSB schools are complaining of lost prestige:

http://www.cfo.com/article.cfm/3009146

Cool.....set your own standards!

Looks to me like the AACSB is becoming more like the pesky For-Profits, not the other way around!

Just my opinion

 

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This the new standards? No wonder some professors at AACSB schools are complaining of lost prestige:

http://www.cfo.com/article.cfm/3009146

Cool.....set your own standards!

Looks to me like the AACSB is becoming more like the pesky For-Profits, not the other way around!

Just my opinion