MBA Education Accreditation
Today, many universities and business schools give MBA degrees. The way to make the ideal selection of a college? How to navigate in a sea of varied, not always reliable info?
Based on surveys of prospective MBA programs listeners, which are regularly conducted by Begin Group business project, 47% of respondents believe school reputation one of the most crucial factors. Applicants confirm availability of school certification serves an important part of its picture.
Both colleges and individual programs may be considered accredited and relevant to global standards. When an institution is qualified to offer business education, this implies all its programs meet standards.
Various countries also have national organizations that accredit programs and schools concerning compliance with standards. For example, Middle States Association of Colleges and Schools is among renowned institutions of the kind in the U.S.
Organizations providing services for certification of education:
• AACSB International (The Association to Advance Collegiate Schools of Business)
• AMBA (Association of MBAs)
• EQUIS (European Quality Improvement System)
• ECBE (European Council for Business Education)
• RABE (Russian Association of Business Education)
AACSB
AACSB International (The Association to Advance Collegiate Schools of Business) - the main U.S. organization operating in the stated area. AACSB was created in 1916. Its goal is improving the quality of higher education in business administration and management. At this time, the Association licensed 426 associations around the world.
Only nine of over one hundred business schools in the united kingdom are licensed by three leading organizations in the UK, Europe and the USA.
International Organization of AACSB (The Association to Advance Collegiate Schools of Business) gives certification only to those colleges which meet expectations of academic and business communities on a wide range of quality standards.
AACSB International Accreditation ensures stakeholders that a business school:
• manages resources in Order to perform proper vital mission;
• develops knowledge in business and management using higher-education teaching employees;
• conducts training at quality education applications at the maximum degree;
• creates conditions for fruitful interaction between students and faculty;
• graduates students who completed specific training programs.
AMBA
Association of MBA (AMBA) copes with problems of education in direction for university graduates and promotes formation of professional manager class, addressing two major challenges:
• Boost MBA in academic institutions, interest prospective students and employers with the program and boost supply and demand for MBA programs.
• Check the quality of MBA applications includes a sufficiently high level to educate highly qualified supervisors.
Accreditation was released to ensure these objectives are met and evaluate business schools and their applications to meet specific criteria. Criteria established by the Association are constantly enhanced, and business schools and companies make their valuable contribution to this process. Presently, the Association has to increase demand for education in the field of management among college graduates, and in addition, the Association deals with problems related to the fact MBA marketplace is becoming more international.
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