by admin on 06/02/12 at 4:49 am
Get to know ACBSP and AACSB online MBA accreditation, their advantages and disadvantages, their distinct differences and more.
While there are plenty of accreditation agencies for MBA programs, the two main standards for business education are perhaps governed by AACSB and ACBSP. These two organizations offer advantages and disadvantages; but what is the best information bank that provides interested students with more trustworthy and reliable data?
Some people may favor AACSB online MBA accreditation over ACBSP, but for you to determine which is the best for you, it’s better to note the basic differences between the two.
The Association to Advance Collegiate Schools of Business (AACSB) is an accreditation board that has been serving many business schools for over 90 years.
Its mission is to advance the business education quality through leadership and quality management.
Currently, it accredits over 600 global member institutions on six continents as of 2010.
For students interested in attending AACSB online MBA degree program, the organization often accredits institutions where doing research is of utmost priority.
When compared to other boards, AACSB is stricter in terms of performing their accreditation processes.
It is also the most popular accrediting firm, so it is no wonder it is regarded as the gold standard.
They planned their system to let the bigger institutions qualify.
But it is also said that AACSB don’t measure the school’s quality that much, as what they consider as more significant is exploring the published researches from a specific business school.
Those schools that release plenty of research will most likely get more grants, after all.
On the other hand, the Accreditation Council for Business Schools and Programs (ACBSP) is a recent accreditation board compared to AACSB.
The organization was founded in 1988, mainly governing most American institutions based in the US.
Despite having had a shorter existence than AACSB, it accredits 828 institutions as of 2010 with lists of institutions with full accreditation and of those still candidates for accreditation.
The ACBSP often accredits business degrees and programs in either community colleges or other popular schools offering masters and bachelor’s degrees.
They do not do accreditations for an associate degree and aim more at mid-sized and smaller institutions.
They are known to be outcome-oriented and do accreditation in a strict way but less than the protocols of AACSB.
This accrediting board was made to meet the demand from institutions that call for a newer accrediting standard on top of the existing AACSB.
When it comes to philosophy, ACBSP focuses more on the institution’s function and has a focus on integrity and quality as compared to AACSB.
Similar to IACBE, another accreditation board, it does not dwell too much on research.
Which is better for your online MBA degree?
To know what accreditation board is better, you need to first assess where you plan to study.
Most AACSB online MBA degrees are research-focused while an ACBSP accredited online MBA program usually concentrates on teaching.
The AACSB accredited online MBA programs lean towards being much more internationally-recognized accreditation while ACBSP is mainly rooted in American tradition and acknowledgment.
As such, if a student wants to attend an international college, then it is better to get information from AACSB.
On the contrary, ACBSP is more dedicated to students studying in the US.
Regardless of the basic differences, both require high standards in order for students to achieve top-quality education.
Furthermore, the quality of education provided in the classroom should be the same online.
Irrespective of how the education is delivered, both the ACBSP and AACSB online MBA programs should provide the same academic merits as what students receive in the classroom.