Sunday, February 5, 2012

The Costs of AACSB Online MBA Programs

In the case of an AACSB online MBA degree, who needs this form of education? For those who want to be an educator working for an institution that offers business programs, you will need an AACSB-accredited business degree. If teaching is not in your roots, you will only find such a degree advantageous if you engage in the kind of work that is at a managerial level.

In the United States, there is a company that publicly announced that their tuition assistance program will no longer be covering all schools but only those that have the AACSB accreditation. As long as the MBA program came from the accredited school, they will pay for it. If you manage to get a business degree from a school with the AACSB's seal of approval, you will have an edge professionally.

Association to Advance Collegiate Schools of Business International is what these letters stand for. Here is an agency that is voluntarily run and they are in charge of evaluating business and accounting schools for educational quality. It was in 1916 when this agency first came about and business schools have been monitored by them ever since.

Considering their consistency in evaluating schools, the AACSB has given accreditation to a lot of esteemed Ivy League business schools. When it comes to schools such as Yale and Duke, the MBA programs provided by these institutions have all been accredited by the AACSB. Duke University actually has an online MBA program that has been approved by the AACSB.

It is perfectly alright for educational facilities to offer MBA programs, online or in campus, even if they do not have an accreditation from the AACSB. About seventy percent of the schools and programs that have received the seal of approval of the AACSB has failed to comply with the agency's regulations according to a recent study. While an AACSB accredited online MBA is the gold standard of distance learning MBA school accreditation, only about 30% of business schools in the US have AACSB accreditation.

The AACSB's accreditation is not the only sign that a school is providing excellent education to the people that enroll in their facilities. Innovative programs of study are often provided to people by the schools that have not been accredited by an agency such as the AACSB. Since universities deal with students that are a bit older at times, they need flexibility in their program design and this is only achievable if they are not bound by the standards of the AACSB.

When it comes to an AACSB online MBA, this is something that can be pricier than the conventional MBA and this is why the latter is preferred by many. Those who can go for an AACSB online MBA are the people who can afford to pay about 30000. If the MBA only has a standard certificate, it will cost about ten thousand dollars less.

Choosing a regionally certified course will lead to 10000 in savings. For people who cannot afford the AACSB MBA, a conventional one will do just fine. With an AACSB accreditation, MBAs will be harder to accomplish too so think about this.

You might be wondering why this is so. Besides having an undergraduate GPA that is above average, it is also mandatory that you pass the Graduate Management Admissions Test. This can be a frustrating requirement for average students as most AACSB-accredited business schools typically uphold higher admission standards than their counterparts.

To sum up everything, there are several reasons to consider an AACSB online MBA degree. If your chosen career is highly competitive, this is the degree that you should go for and you should not be intimidated by the GMAT or GRE requirements if you know that you are knowledgeable in this field. This is also something that you should go for if the reputation that you will gain upon graduation matters a lot.

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