Why Choose an AACSB Accredited Master’s Degree Program
Earning a Master’s Degree from an AACSB Accredited School
Deciding on which college to earn your Master’s Degree from can be a difficult, sometimes arduous task. With so much riding on your education, there are many factors that should be considered, such as cost, industry reputation, and the alumni network. But the largest factor of all is accreditation. Accredited schools can come in many forms, but the most easily recognizable is through an AACSB accreditation. If you are thinking of earning your Master’s Degree, here’s why you should choose an AACSB accredited school.
Since 1916, AACSB International has recognized elite business schools to form a membership organization that allows business schools to network, discuss relevant issues, and help to better serve the business education industry. During this time, AACSB has worked to improve collegiate business education for undergraduate and graduate students. Today, AACSB’s Accreditation Standards are used to evaluate everything from a school’s mission and operations, to the quality of faculty and programs.
In order to earn the lofty distinction of an AACSB Accreditation, schools must pass a rigorous accreditation process. To be considered, schools must first become a member of AACSB International and offer degree-granting programs in business or management. Once membership has been obtained, schools can then apply for AACSB accreditation. AACSB carefully considers all applicants to determine whether or not that school has the potential to receive an accreditation. Once it is determined that a school has the potential to be accredited, AACSB mentors, committees and staff help to develop a Standards Alignment Plan, which a school must adhere to in order to gain an accreditation. Finally, the AACSB Board of Directors and review committees meet to ultimately decide whether or not to award an accreditation. This process is extremely arduous and time consuming, leaving only the best schools standing.
The benefits of attending an AACSB accredited school are quite numerous. First, consider that less than 5% of the world’s 13,000 business programs have earned an AACSB Accreditation*. An AACSB Accreditation puts any educational program into elite company, and instantly gives greater value to a Master’s Degree earned from such a school. Because AACSB accredited schools go through such a rigorous program to earn their accreditation, employers often give preference to graduates from these schools. These programs feature the best faculty, helping to attract the best students, which in turn leads to greater employer recruiting. Often, graduates of AACSB programs earn higher salaries than their counterparts from non-accredited schools.
It’s clear to see that when it comes to earning your Master’s Degree, a program with an AACSB accreditation can better help you achieve your career goals versus a non-accredited Master’s Degree program.
Written by Laura Zurowski