What do you mean by MBA Accreditation?
Accreditation is a process that colleges and universities can choose to go through to show that they meet certain educational standards set by a third party. The quality of the accreditation depends on how well students, employers, and other educational institutions think of the agency that gave it. The type of program that a student wants to take will determine what kind of accreditation they look for. When choosing a business school and an MBA program, you should look for a few types of accreditation. The first thing you need to check is if the university is recognized by the government. Second, you need to make sure that the business has been approved by a reputable agency in the field. This MBA accreditation shows not only how good the program is, but also how good the MBA brand is as a whole.
Which are the Best MBA Accreditation in India –
- UGC
- NAAC
- AICTE
- AACSB
- EQUIS
- AMBA
Why is MBA Accreditation Important?
1. A sign that the school is good
Accreditation is one of the best ways to know that a program is good at teaching. MBA-accrediting agencies have high standards, and they review accredited programs often. This makes sure that accredited online MBA programs are rigorous and cover everything.
2. Good teachers
The faculty at schools that give MBAs are carefully looked at by accrediting agencies to make sure they meet teaching standards and do research. Accredited schools also attract and keep good faculty members.
3. Symbol to employers of a good reputation
Accreditation is often how potential employers judge the reputation of an MBA program. Accreditation for an MBA is a guarantee from the outside that the degree holder got a good education. Many organizations suggest that graduates put the name of the school that gave them their accreditation on their resumes.
4. Make your search more specific
Accreditation can help people who want to get an MBA narrow down their choices of programs. All good MBA programs have some kind of accreditation, but limiting your search to online MBA programs accredited by the AACSB, for example, will get rid of less competitive programs.
5. Enables the school to be known around the world
All three business accrediting agencies have a presence around the world and accredit programs in both the U.S. and other countries. Accreditation is a standard of excellence that is known all over the world, which could help students who want to work in international business.
6. Can help you get money for school
The cost of an MBA can be scary, but accreditation can help with that, too. The federal government looks at an institution’s accreditation status to decide if its students can get financial aid. If you go to an accredited MBA program, you may be able to get money to help pay for your degree. In the same way, most employer programs that pay for college expenses only cover accredited MBA programs.
7. Allows credits to be moved
Many online MBA programs will let you transfer credits from other schools, but usually only from those that are accredited. Accreditation is a simple way for schools to figure out how much your transfer credits are worth because it shows how well you are doing in school.
8. Avoid diploma mills
As you look into schools and programs, stay away from diploma mills and other scams. The best online MBA programs that are accredited will list their accreditations on their website. If you can’t figure out if a program is accredited, you should avoid it.
