Business programs in higher institutions of learning have been on the rise. Versatility is the main selling point of any business degree including MBAs as you can work in virtually any sector and the options of specializations you will be lost for choice once you decide to join any of the programs. However, there is always the problem of choosing the best institution. Though the programs offer similar courses, the level of quality and employer perception of some institutions might damper your career. As such picking an ACBSP accredited institution will go along way in fueling your business career. ACBSP is an acronym for Accreditation Council for Business Schools and Programs and it is crucial to understand what it is before picking your college.
Accreditation is a core value of every institution. At regional, intuitional and specialized program level. The US Department of Education, the Council for Higher Education Association (CHEA) grants and approves the institutions that will carry out this process. ACBSP accreditation started in 1988 when 150 business schools and programs came together to raise the bar of performance through external accreditation. At the time, of all the 2,400 businesses and finance schools in the US, only 260 were accredited and there was clearly a gap that had to be filled to make the quality of education better. Through constant growth such as the 2006 separate accreditation of accounting programs and venturing internationally, the agency has helped improve education standards.
Through research and consultation for 1 year, a criterion was laid down and the agency formed. It was later approved in 1992 by the U.S. Department of Education. In 2001 the agency was again approved this time by Council for Higher Education (CHEA) which was the body tasked with recognizing accrediting agencies. The Accreditation Council for Business Schools and Programs focuses on quality by assessing how the business school achieves teaching excellence through outcome assessments. It also reviews the integrity through an independent evaluation by professionals and hence ensures you get the best possible training in the filed of business. The evaluation follows the Baldrige National Quality Program and the Criteria for Performance Excellence which are the same yardsticks used by health and manufacturing industries.
For students the ACBSP schools are popular with most employers and hence, your search for a college must focus on this. In addition, due to the stringent qualifications needed for qualification, you can bet that the ACBSP accredited program provided in any other accredited programs will be tested and proved and hence, your career will set off using the right gears. Searching for the accredited schools is not difficult as you just need to visit the website and check whether your school is in the list. You can also confirm from the school because this is in fact one of their selling points. When you compare ACBSP vs AACSB (Association to Advance Collegiate Schools of Business) remember that while the former focuses on quality, the latter’s accreditation is based on research and hence applies to large institutions that have resources for a lot of studies. For institutions, the exposure and increase in relevance helps cement a place in the educational hierarchy while for businesses, it leads to continuous improvement in operations.