Sunday, February 5, 2012

Paying for AACSB Online MBA Programs

Who needs an AACSB online MBA degree? For those who want to be an educator working for an institution that offers business programs, you will need an AACSB-accredited business degree. Unless you are interested in working at a management level, this kind of degree will be useless outside the academe.

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. Even if you got an online degree, if the school is AACSB certified, you will get support for your tuition. A business degree adorned with the AACSB label will be highly valuable for opening doors in almost any competitive business environment.

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. What you have here is the watchdog of many business schools and they have been operating since the early 1900s.

Considering their consistency in evaluating schools, the AACSB has given accreditation to a lot of esteemed Ivy League business schools. From Stanford to Duke, there are plenty of educational facilities that have AACSB accredited MBA programs under their belt. Duke University actually has an online MBA program that has been approved by the AACSB.

May the program be in a campus setting or coursed through the Internet, there is no law stating that without an AACSB accreditation, schools cannot offer these degrees. 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. There are so many things in store for those who manage to complete an AACSB accredited MBA degree but even if this is so, there is a limited number of institutions that have this particular form of 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. For institutions that do not follow the standards of the AACSB, a lot of them are actually providing students with better study programs. 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.

The thing about an AACSB online MBA is that the accreditation jacks up the costs of studying making a conventional MBA more feasible for most students. When it comes to an AACSB online MBA, expect to pay about 30 grand or more. On the other hand, the average cost of its regionally-accredited counterpart is only ,000.

You can save as much as ten grand by not going for the AACSB accredited course. If you are working with limited funds, forego the program with the AACSB seal. If you do not want any hassles when applying for an MBA, choose the regular programs.

Why? When it comes to this, you will have to undergo a test called the GMAT and your undergraduate GPA should not be on an average level. Accredited programs demand higher admission standards making the programs farfetched for average students.

There are plenty of things that should be thought of when it comes to an AACSB online MBA degree but there are numerous reasons why you should go for this kind of degree. Having the confidence in your knowledge and skills makes you a perfect applicant for this kind of program and this will benefit you in the long run if you are someone who is working in a very competitive corporate environment. Also, you might get it if academic prestige matters most to you or you have a corporate tuition plan that only pays for an AACSB-accredited school.

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