Facts About AACSB International Accreditation: A Closer Look

Facts Albout THE ASSOCIATION TO ADVANCE COLLEGIATE SCHOOLS OF BUSINESS (AACSB) International Accreditation In today's rapidly evolving business environment, more mid-career professionals are pursuing higher education to remain ahead of the curve. However, it can be difficult to choose the right program with the dizzying array of options available. Read on to discover how AACSB International Accreditation can inform your search for the ideal business school. WHAT IS THE AACSB? THE AACSB BEGAN The Association to Advance Collegiate Schools of Business (AACSB) is the largest and most widely recognized provider of specialized international accreditation for business programs. AACSB-accredited schools have achieved the highest standards of excellence SETTING STANDARDS FOR BUSINESS PROGRAM ACCREDITATION IN in management education worldwide. •1916. Less than 5% of business schools worldwide have earned this designation All top ten Global MBA programs THERE ARE OVER 650 AACSB-ACCREDITED BUSINESS PROGRAMS are AACSB-accredited IN 50 COUNTRIES AND TERRITORIES HOW DO BUSINESS SCHOOLS EARN AACSB ACCREDITATION? Any business school wishing to become AACSB-accredited must undergo a rigorous process involving self-evaluation, peer review, and AACSB assessment. QUALIFYING SCHOOLS MUST MEET - 21 standards IN three areas: ********* ****-* ******* STRATEGIC MANAGEMENT (5) PARTICIPANTS (9) ASSURANCE OF LEARNING (7) HIGHLIGHTED ACCREDITATION REQUIREMENTS: Strategic Management Participants Mission: Create a mission statement that emphasizes quality learning experiences Admissions and Standards: Maintain clear and consistent admission policies; demonstrate high academic standards and student retention rates Intellectual Contributions: Advance knowledge in business Faculty: Hire qualified faculty members to deliver and improve the business curriculum; provide opportunities for faculty review and mentorship and management theory, pedagogy, and practice Financial Strategies: Ensure adequate financial resources for program success Students: Ensure student engagement and commitment to academics; provide frequent feedback to measure progress Assurance of Learning Continuous Improuement Curriculum Development: Adhere to well-documented Commit to continuous improvement of institutional goals processes for curriculum improvement Provide annual progress reports Learning Goals: Specify learning goals for students and demonstrate achievement; ensure adequate student-faculty Undergo rigorous program review every five years interaction Advanced Degrees: Promote integrative, interdisciplinary learning at the MBA and Doctorate levels HOW DOES AACSB ACCREDITATION AFFECT MBA STUDENTS? With the high academic standards of AACSB-accredited schools, MBA students can expect to graduate with universally applicable skills including: CONCEPTUAL UNDERSTANDING OF CRITICAL ANALYSIS OF KNOW- BUSINESS AND MANAGEMENT THEORY LEDGE CLAIMS IN BUSINESS ADAPTIVE AND INNOVATIVE MANAGEMENT IN UNPREDICTABLE PROBLEM-SOLVING AND UNFAMILIAR ENVIRONMENTS GLOBAL PERSPECTIVE ON HIGH-LEVEL ORGANIZATIONAL 888 MANAGEMENT ISSUES LEADERSHIP CAPACITY THE ADVANTAGES OF AACSB ACCREDITATION EXTEND BEYOND THE ACADEMIC EXPERIENCE: Some companies will only reimburse tuition expenses for MBA programs at AACSB-accredited schools Major corporations often focus their recruitment efforts on AACSB-accredited schools -----.....---........--.........--.........----........----.- Graduates from AACSB-accredited schools receive more competitive salary offers ----------------------------------- ... .. .. . .. .. .. . ...... .... Start your search for the perfect business school with a program like the Howard University Online Executive MBA, and enjoy the academic, professional, and personal advantages of AACSB accreditation. Learn more at http://executivemba.howard.edu/ ......... Sources http://www.aacsb.edu/accreditation/business/standards/introduction.asp http://www.aacsb.edu/publications/businesseducation/2012-Data-Trends.pdf http://rankings.ft.com/businessschoolrankings/global-mba-rankings-2012 http://www.aacsb.edu/accreditation/business/standards/ http://www.aacsb.edu/accreditation/business/standards/ http://www.aacsb.edu/media/faq.asp http://executivemba.howard.edu/