This is an actually quite academic question about GAAP status. In an other thread (http://degreeinfo.com/showthread.php?p=316298), the user Pap did ask if anybody here has previous experience with Joseph-Schumpeter Institut Wels in Austria. This is a quite odd institution. It is, in fact, an unaccredited "non-university" which offers accredited Austrian Master's degrees. I don't want to explain it again, so I will simply quote myself: And here is my question: Has such an institution, or the degree offered by it, GAAP status? I doubt that. Its status is probably comparable to the status of an US university with national accreditation, but I don't think it is comparable to RA. What is your opinion? mintaru.