2007-03-22 06:29:00 · 7 answers · asked by M1759 2 in Education & Reference ➔ Higher Education (University +)
Send me $100K and I will give you an MBA from my school (I am self accredited). No need to take any classes or anything.
Still wondering if accreditation matters?
2007-03-24 07:02:25 · answer #1 · answered by NYC_Since_the_90s 6 · 2⤊ 1⤋
Miss Cee Bee is giving you some bad advice here -- very bad advice.
Accreditation is critical in choosing an MBA program. But, to be honest, it isn't enough. I do not believe that an MBA is worth much unless you go to a ranked program.
An MBA from a top 15 school will allow you to choose between several six figure salaries and will allow you to go into any field of business. Students who graduate from a ranked program that is not in the top 15 will see a large increase in salary -- but not as much as those at the top. The average increase declines as ranking declines. However, it is still usually large enough to justify going full time.
An MBA from an unranked school is unlikely to help you get a new job -- at least not at a prestigious company that pays well. Such an MBA might be worth while for someone if their company pays for it and they plan on staying with that company. It signals that they are willing to work to get ahead -- which is always a good thing. But for those hoping to switch fields or open up new job opportunities, an MBA from school that is not ranked will not help them much.
As for an On-Line MBA or one from a school that is not accredited -- the MBA may actually hurt their chances to get a job.
Bottom line -- look at the rankings, not the accreditation. All the ranked schools will have similar accreditation.
2007-03-22 07:36:40 · answer #2 · answered by Ranto 7 · 0⤊ 0⤋
For MBA degrees, type of accreditation is extremely important. Some employers won't care, but most will. In fact some, like Proctor and Gamble, have publically stated that they will only look at MBA resumes from people who've attended AACSB accredited schools.
AACSB is the gold standard for MBA accreditation. If the school isn't AACSB accredited, I can not recommend, in good heart, that you go there.
Taranto and I disagree on one point - that you need to attend a top ranked MBA program in order to have that MBA really work for you. I disagree. If are attending the MBA program full time and you hope for a huge bump in salary and to work for one of the MBA-elite companies right after graduation, then yes, I agree that you should attend a top ranked MBA program.
However, if you plan to get your MBA part time while still working, then that's a whole other issue. First of all, there are very few of the top MBA programs that even offer part-time MBAs (Northwestern and NYU being the exceptions.) Second, because you're working, employers are going to be looking at you with a bit more focus on your work history than they might with someone who is not working. They'll want you to have the MBA, and from an appropriately accredited university that has a good reputation in your field or region, but it doesn't have to be from one of the top schools in order for it to get you a salary bump, to help you change to a new career, or to get you promoted.
For example: New York has Columbia and New York University, two elite level MBA programs. However, students from Fordham's MBA program are actively recruited. Fordham isn't one of the top programs, but it is very strong, AACSB accredited, and it has a good reputation in its region.
2007-03-22 08:52:16 · answer #3 · answered by RoaringMice 7 · 0⤊ 0⤋
Accreditation is always important, but for MBA degrees it is not a necessity. As long as your four year Bachelor's is from an accredited university, you should be okay if you are looking for what employers look for. Most employers just look that you have achieved an MBA and that is good enough, they really don't care if it is from an accredited program. As for the best accreditation, the AACSB tends to be one of the important ones.
2007-03-22 06:53:37 · answer #4 · answered by Miss_CeeBee 2 · 0⤊ 1⤋
Accreditation is very important because basically that states that the program curiculum has been reviewed and approved by the Department of Education. There are only a handful of accrediting agencies and without accreditation there will be no financial aid from the state or federal government.
http://www.chea.org/Government/Talking-Points.pdf
The link above will take you to the CHEA website where it discusses the importance and definition of accreditation and what it means to you as a student.
2007-03-22 06:56:07 · answer #5 · answered by nmalien 2 · 0⤊ 0⤋
I agree. Any masters carries weight. It means you went the extra mile.
It means $40K a year to start anywhere.
It means the #1 or at worst the #2 slot anywhere.
A few places like a PH D and they get #1, so you get #2 and have to eat it.
Big deal.
I mean it's not like being a bus boy or working at McDonalds selling burgers from the $1 menu!
You know what counts more!
Where you got it from!
Harvard
Yale
USC
UCLA
God, please tell me it's not the University of Phoenix.
That's only slightly better than getting a certificate from the Bryman school or ITT tech!
There is a BIG BIG BIG difference between a HARVARD MBA and a University of Phoenix MBA!
Sorry, but that's REALITY!
2007-03-22 07:43:05 · answer #6 · answered by Anonymous · 0⤊ 2⤋
from what I certainly have discovered an AACSB approved MBA is a lot greater respected. although, i'm no longer able to comprehend why, provided that a marvelous type of crappy-*** state faculties carry this accreditation (U of Wisconsin-Whitewater, etc)
2016-10-01 08:09:40 · answer #7 · answered by ? 4 · 0⤊ 0⤋