Accredited MBA Programs - What are They?

Any international accreditation is honorable, but we would like to mention the accreditation of AMBA (The headquarters of this organization is located in the UK). AMBA accreditation currently is given to 161 schools in 72 countries. AMBA is among 3 most influential in the world international accreditations, along with AACSB (USA) and EQUIS (Belgium). Their authority is checked in time, and accredited educational institutions by them, as a rule, are world-renowned brands.

How Accredited MBA programs Differ from Others?

AMBA accreditation is given for a certain period. 5 years is a maximum, after which the MBA School should go through the whole procedure again.

What gives accreditation to graduates, employers and business school?
 

For graduates of business schools, accreditation means recognition and convertibility of their MBA degree abroad. They may also have additional employment opportunities and establish business contacts with entrepreneurs and top managers of MBA accredited schools worldwide. This is easily seen. MBA Association annually publishes the Address Book graduates of MBA programs accredited business schools. In the Address Book of the Association of MBA holders of MBA accredited business schools are in one row with graduates of Harvard Business School, Wharton Business School, Cambridge, Oxford, London Business School, IMD, INSEAD, and other top business schools.
For business school accreditation of AMBA can help in deed become a full member of the international community's leading MBA schools.

How Accredited MBA Programs Get Profit from the Accreditation?

Regarding the financial component of accreditation - the preparations for it and is accompanied by costs. However, they tend to quickly pay for themselves, after the accreditation of AMBA, the profit of accredited MBA programs are increasing, as a rule, in 2-3 times. At the same time business schools have been tightened requirements for the selection of students for the program.

Top Business Schools Ratings and Accreditation

A few words about accreditation and rankings. They are interrelated. For example, in order to be eligible to participate in the most prestigious international rankings, such as Financial Times Global Ranking a business school must have at least one of the above mentioned 3 accreditations (AACSB, EQUIS and AMBA). Conversely, the presence of international accreditation is taken into account when determining the place of school in the rankings. Accreditation is still considered to be the most tangible indicator of quality. It gives a guarantee for a long time. While the situation of schools in the ratings can vary dramatically even for a short time depending on the methodology of the study, the selected criteria and the composition of the participants.
How Do I Find Accredited MBA Programs?

Search for Accredited MBA Programs Online

•    Accredited Online Colleges
    http://www.accreditedonlinecolleges.net/
    - Here you can find a list of Accredited MBA Programs and Colleges

•    AACSB International
    http://www.aacsb.edu/General/InstLists.asp?lid=3
    - AACSB website will give you full information about International Accredited MBA Programs

•    Business Week
    http://www.businessweek.com/bschools/rankings/index.html
    - Business Week ratings of Accredited MBA Programs