Is accreditation important for a Master’s in Management degree?
Posted Dec 31, 2019
I have been reading a bit about Master's in Management degrees and I have a question about accreditation. Is accreditation important for MiM programs? If so, what are the most significant accreditation organizations that I should look for when choosing a degree?
I have been reading a bit about Master's in Management degrees and I have a question about accreditation. Is accreditation important for MiM programs? If so, what are the most significant accreditation organizations that I should look for when choosing a degree?
Posted Dec 31, 2019
If you’re spending tens of thousands of dollars on a MiM from a top school, a quality stamp from a reputed third party organization will be reassuring.
The problem MiM candidates have is making sense of the myriad different accreditations that business schools covet as a way to differentiate themselves.
The main ones are the the Association to Advance Collegiate Schools of Business (AACSB), the Association of MBAs (AMBA), and the European Quality Improvement System (EQUIS). All three assess slightly different things. For example, AACSB focuses more on the learning process, AMBA on the individual program. EQUIS takes a broader view of the business school as a whole.
Many schools aim for the so-called triple crown of AACSB, AMBA and EQUIS accreditation, which fewer than 1 percent of schools hold worldwide. Many of the highest-ranked MiM programs have it.
But prospective students should base their choice of school on several factors, including salary increases achieved by alumni on graduation. Accreditation is necessary for schools, but it’s not enough to make a prospective student invest.
The problem MiM candidates have is making sense of the myriad different accreditations that business schools covet as a way to differentiate themselves.
The main ones are the the Association to Advance Collegiate Schools of Business (AACSB), the Association of MBAs (AMBA), and the European Quality Improvement System (EQUIS). All three assess slightly different things. For example, AACSB focuses more on the learning process, AMBA on the individual program. EQUIS takes a broader view of the business school as a whole.
Many schools aim for the so-called triple crown of AACSB, AMBA and EQUIS accreditation, which fewer than 1 percent of schools hold worldwide. Many of the highest-ranked MiM programs have it.
But prospective students should base their choice of school on several factors, including salary increases achieved by alumni on graduation. Accreditation is necessary for schools, but it’s not enough to make a prospective student invest.
If you’re spending tens of thousands of dollars on a MiM from a top school, a quality stamp from a reputed third party organization will be reassuring.
The problem MiM candidates have is making sense of the myriad different accreditations that business schools covet as a way to differentiate themselves.
The main ones are the the Association to Advance Collegiate Schools of Business (AACSB), the Association of MBAs (AMBA), and the European Quality Improvement System (EQUIS). All three assess slightly different things. For example, AACSB focuses more on the learning process, AMBA on the individual program. EQUIS takes a broader view of the business school as a whole.
Many schools aim for the so-called triple crown of AACSB, AMBA and EQUIS accreditation, which fewer than 1 percent of schools hold worldwide. Many of the highest-ranked MiM programs have it.
But prospective students should base their choice of school on several factors, including salary increases achieved by alumni on graduation. Accreditation is necessary for schools, but it’s not enough to make a prospective student invest.
The problem MiM candidates have is making sense of the myriad different accreditations that business schools covet as a way to differentiate themselves.
The main ones are the the Association to Advance Collegiate Schools of Business (AACSB), the Association of MBAs (AMBA), and the European Quality Improvement System (EQUIS). All three assess slightly different things. For example, AACSB focuses more on the learning process, AMBA on the individual program. EQUIS takes a broader view of the business school as a whole.
Many schools aim for the so-called triple crown of AACSB, AMBA and EQUIS accreditation, which fewer than 1 percent of schools hold worldwide. Many of the highest-ranked MiM programs have it.
But prospective students should base their choice of school on several factors, including salary increases achieved by alumni on graduation. Accreditation is necessary for schools, but it’s not enough to make a prospective student invest.
