Why Accreditation is Important for Business Schools

That accreditation plays a key role in enhancing an institution’s or organization’s worldwide recognition is well known. Just like other schools, business institutes also seek accreditation from reputed accreditation agencies because it helps them increase their overall image and student base. Accreditation also assures students and their parents that the education a business school is providing conforms to global standards and that the degree they get from there will help them land rewarding jobs. Employers too prefer graduates who have completed their education from an accredited business school and offer them attractive remuneration and perks and privileges.

Moreover, the business schools that are globally accredited offer students better-quality courses and programs, and help them hire and retain the best professors and researchers. Students have greater exposure to industry experts and have an opportunity to regularly attend seminars and workshops which help them in their professional growth and development. Though every business school aspires to earn an accreditation, it is not an easy process and only institutes that provide quality education and facilities are entitled to this privilege. Some of the top business schools in the world not only offer relevant, well-designed programs, but also a plethora of student-driven benefits and a global faculty which has served the world’s top learning centers. Accreditation is proof that a business school provides its students a top-quality education under accessible and qualified faculty members who are deeply interested in their students’ well-being. Given the numerous benefits of accreditation, it’s important that business schools improve their standards and provide their students a learning-oriented and interactive learning atmosphere.

Top Business School Degrees

Earning a business degree can help you increase your earning potential and better your career prospects. There are a number of disciplines in which you can pursue your business degree, but the most popular concentrations/degrees are mentioned below.

Today, more than ever, accounting degrees in the US are in much demand, thanks to the enactment of new corporate accounting laws. You can pursue your career as Certified Public Accountant (CPA), Certified Management Accountant (CMA), and Certified Internal Auditor (CIA); however, the degree requirements are different for each.

The field encompasses many areas such as managerial accounting, budgeting, financial analysis, auditing, taxation, and more.

Business Management
You can either pursue your degree in business management singularly or you can combine it with specialized studies. Students who earn business management degrees can easily get leading positions in many top organizations of the world. Getting an advanced degree from a reputed business school can help you attain high-paying positions such as CEO and senior administrator.

Often including degrees that cover different aspects of accounting, ethics, economics, finance, strategy, operations management, and marketing, entrepreneurship degrees allow students to equip themselves with the knowledge required to set up and organize their own business ventures.

If you aspire to get rewarding jobs in private and public organizations, then pursue a degree in finance. The degree offers numerous job opportunities and you can become an investment banker, financial advisor, real estate professional, and more. The field is likely to grow at a breakneck pace in the next 5 or so years, so those with a degree in finance will be in high demand.

Often combined with business management, the marketing degree can help you learn about advertising, product promotion and management, consumer behavior and more. Marketing mavens from some of the top business schools are currently leading the world’s top organizations

How an Unaccredited Business Degree can Ruin your Career

A degree is your first major step to a bright career. But if you have a business degree from an unaccredited institute, your road to a promising future is bumpy.

The advent of the Internet has revolutionized almost all facets of human endeavor, including education. Today, numerous business schools the world over claim to offer a wide range of courses and programs, but a sizeable number of them are not good enough because they are not accredited by a recognized accreditation agency. While a majority of these business schools are genuinely committed to students’ academic wellbeing,

there are other institutes that have are driven by just one motivation: to make a lot of money in return for a mediocre education. Unfortunately, Unsuspecting and desperate students easy fall prey to these unscrupulous institutes, who easily get influenced by their flashy websites and tall claims of providing ‘high-quality services’ under ‘expert faculty’.

If you are someone who has fallen prey to one of these business schools, then you are in for a rude shock: your career is at stake and the degree you get will not be accepted or recognized anywhere in the world. All your effort and hard-earned money that you invested in getting the degree will have gone to waste. So, before you seek to enroll at one of these bogus institutes, do your homework properly: conduct complete research about the business school’s faculty, staff and its global standing. Also get to know if it’s a recognized and accredited institute by calling the number available on its website. Only enroll at the institute once you are completely satisfied with it, for your entire career hinges on the degree you get from there.

Role of Accreditation in Career Planning

Getting education in a certified accredited educational institute can act as proof that the education which the child has received or is still receiving is authentic and approved when it comes to quality. A degree from an accredited university is not just a piece of paper but a promising future in itself. While accreditation is widely known to have improved the structure and quality of education, it has also proved beneficial when it comes to getting a job in the corporate sector.

Recruiters nowadays look for fresh graduates who have their degrees attested from an accreditation providing body. Many organizations believe that if the professional carries an accredited degree, then

conducting an interview for their job is just a formality to fill in the hiring process.

As much as accreditation has relieved recruiters in their jobs to look for quality resources, accreditation has also proved to be a key factor for the student’s own satisfaction and peace of mind. A student, who is enrolled in an accredited institute is assured that the education he is getting is high quality, well planned and up to the mark of international standards. An accredited institute itself makes sure that its students get the best of their services. Students who are nearing graduating or enrolled in their last year in an accredited institute are assured that when they will step in to the professional world, they will have no problem in finding a lucrative and challenging job. This is because that is exactly what an accredited educational institute promises and aims to provide to its students.

Career planning has become increasingly easy for students thanks to the services provided by accredited institutes nowadays. Accreditation has considerably reduced problems in career prospects and provides a clear view to career planners.

How is Accreditation Beneficial for Staff and Faculty

Accreditation’s role is to uplift the standards of the individual, institutions, schools, corporate, universities. An accreditation brings value and recognition to everything with which it is affiliated. It acts as a proof that the accredited entity has met certain criteria and can be trusted for their services and roles on an international level.

Where accreditation has proved beneficial for students, it has also proved to be very helpful for the teaching staff and faculty. Having accredited faculty means that the educational institute will have high quality peers

with advanced academic experience and professional credentials. Accredited faculty acts as a gateway for the students to reach the corporate community, as the teachers can always provide a chance for the student to meet with professionals in the corporate sector. This acts as a two way process, the students are introduced to the corporate professionals and similarly the professionals get to interact and familiarize with the students, increasing the chances for better career prospect for the students in the future. It develops a sense of pride for such institute.

An accredited faculty will always strive to improve their curriculum and plan their courses in such a way that it will inculcate better pedagogy methods and activate an effective learning environment for the students. An accredited faculty will always adhere to quality material and keep a self check on the progress of the students. In case something goes wrong, the teacher will know how to fix it and bring it back to the approve quality.
Accredited faculty acts a strong and concrete building block for an educational institute. It strengthens the bond between students, teachers, institute management as well as industry professionals.

Post Accreditation Challenges

Accreditation has, no doubt, changed the future of education for good. The relationship between the accreditation providing body and the educational school is aggressively interdependent. When performed in an effective manner, the evaluation proves beneficial for the institute by showing their status, whether they need improvement or not. This compels the institute to work on their weak areas in order to achieve required standards.

But accreditation is ‘not’ always done well due to many factors. The post accreditation puts considerable stress

on established methods which can prove to be complex. This in turn produces criticism about the effectiveness of the system. One main criticism which does not cease is the inability for educationists to conduct quality tests from time to time and making adjustments to improve it. Educationists at times fail to provide adequate guarantee regarding education quality of their institute. Such institutions even, at times, fail to provide necessary benefits to their students.

Another challenge faced by the accredited institutions is the stress to achieve the specific standards set by the accreditation providing body. By setting exceedingly specific educational mile stones, an accreditation providing body intrudes, and at times eliminates, institutional independence and educational autonomy. No doubt, an educational institute, seeking accreditation should adhere to the standards set by the evaluating committee but at the same time the accrediting body should take necessary steps in order to assure that the institution is provided sufficient help and guidelines to make the accreditation seeking process easier. In order to overcome the post accreditation challenges, the institution administration and the accrediting organization should make combined efforts to achieve success in its true form.