Some business schools are internationally accredited.
Considering the amount of time, effort, and money it takes to earn a business degree, any student looking to earn this type of degree should check to see if the school is accredited. Business school accreditation will help ensure that a business school degree increases a student’s likelihood of success in the business world. Types of business school accreditation include program-specific accreditation, regional accreditation, national accreditation, and international accreditation.
Business school accreditation helps ensure that a business school degree will lead to a greater likelihood of a student being successful in the business world.
Accreditation of business schools is based on specific criteria that are used to determine competence and credibility. Criteria for this accreditation often focus on teaching, and national accreditation standards are often based on outcome evaluation to verify excellence in teaching business courses. Accreditation normally lasts for a certain period of time, after which the business school must again demonstrate its competence to maintain accreditation. The various accrediting agencies set their own accreditation standards, and some accreditations are only awarded to a small percentage of business school programs. Other organizations monitor accrediting agencies and maintain records of accredited business schools.
Each business school accrediting agency serves a slightly different student population. An accrediting agency can serve both undergraduate and graduate programs. Another business school accrediting agency may grant accreditation only to smaller public or private schools that offer business courses and business degree programs. An accrediting agency may also focus on online and distance education programs that offer business courses to students nationally or internationally. To qualify for consideration, these online business schools generally must have been around for a certain period of time, such as two years.
One of the benefits of business school accreditation is that a management degree from an accredited school creates greater earning potential for the graduate. Therefore, a prospective business student must verify that the school or program selected from her has received business school accreditation. If the school also has business-specific accreditation, the business student will be much closer to achieving their career goals.