With this amazing opportunity available to them, it is especially important that persons planning business careers get an education that is reliable, current, and relevant. They need to be certain that they experience educational programs capable of preparing them for the excitement ahead. Those programs must be in touch with the latest techniques and practices. They must combine the theoretical understanding of global economic developments with a practical understanding of how things get done. A student who invests his or her time, effort, and opportunity in an educational experience must be sure that the return on that investment will be great. The best educational experience will not just inform students, it will transform them. At the end of the educational experience they will see the world in ways they had not seen it before, and they will behave differently than they behaved before.
In this situation of opportunity, the good new and the bad news rcs data comes from the same phenomenon. There are more educational opportunities for students wishing to enter into business management careers than ever before. The bad news is that the demand for business education is so great
Not all management education programs are the same. Some do not have the resources to assure that their education is current and relevant. A shortage of qualified faculty and the expense of maintaining current technology push costs up for institutions offering business education.
Some do not have the will to use their resources to make the education they offer current and relevant. With high demand in the market, some institutions can operate at lower costs and higher profit margins by skimping on needed personnel and technology. Students need information as they make choices among education providers.
AACSB International - The Association to Advance Collegiate Schools of Business - has been evaluating and accrediting educational quality of business education since 1916. It provides a rigorous peer review process for determining those schools that offer quality business management education. Worldwide, 424 schools have achieved AACSB International accreditation, which assures not only that they have achieved quality but that they have mechanisms in place for continuous improvement of their educational offerings. In making its accreditation evaluations, AACSB looks at the educational outcomes, processes that produce those outcomes, and the processes that manage schools' resources toward achievement. The standards used in AACSB reviews can be found .
The ultimate criteria for decision-making within the AACSB accreditation process is a judgment of overall high quality. Through the professional judgment of the business school administrators and corporate executives who comprise the peer review teams, an overall quality judgment results from the careful and detailed evaluation of this school on AACSB's accreditation standards. Students entering an AACSB-accredited business management program can be assured that accreditation is earned only after a careful and searching review process. A list of all the schools that have achieved AACSB accreditation can be found at