Who certifies the quality of an MBA?
There
are three key organizations within the world MBA responsible for giving the nod
to the quality that these programs impart say.
An MBA
is a requirement for leadership roles in the areas of business management, providing management expertise and a global
vision, making it one of the best keys for professionals looking to open new
doors, especially those superiors.
Who certifies the quality of an MBA?
Offers
MBA, therefore daily multiply in most universities worldwide. The houses of
study, aware of the need for students to access new charges, then strive to
provide endless possibilities for teaching modalities, schedules and obviously
cost.
Topics
such as duration, language in which it is taught and prestige of the university
charged with absolute reason, relevance for candidates; However, do they know
who or who are responsible for deciding if the program you are applying
complies with appropriate quality?
Known
are the MBA rankings and awards from magazines, however those who think an MBA
should know what after that data prestigious accrediting agencies hide that
every year MBA programs undergo a thorough study and analysis finishes.
Accrediting agencies
When
opting for an MBA should note the distinction between recognition by national
legislation of a country and the prestige of this through the study of an
international accreditation body.
For
experts, it is convenient to use accreditation bodies as independent sources of
information on business schools being considered.
EQUIS
It is a
quality seal awarded by the European Foundation for Management Development
(EFMD). Based in Brussels, Belgium, the EFMD is the European forum for
information, research, networking and best practice in management development.
The
EQUIS accreditation system was launched in 1997 as the first global standard
for audit and inspection of institutions beyond national borders in Belgium.
According
to EFMD, its accreditation system comprehensively evaluates the entire institution
imparting education and also requires a high degree of internationalization.
How the EQUIS seal is achieved?
- To achieve this stamp schools must satisfy quality criteria in three areas
- 1. High levels of quality in all areas defined by the EQUIS model.
- 2. A significant level of internationalization.
- 3. The needs of the corporate world must be integrated into programs, activities and processes.
- In European institutions with this stamp INSEAD, London Business School, Rotterdam School of Management, Cambridge, Warwick, ESSEC, Cranfield stresses, among others.
AMBA
It is
the system of accreditation from the Association of MBAs. It is an organization
of British origin that certifies the most prestigious in the UK and other
countries MBA programs.
It
started its activities in 1967 by representing, for over 30 years, the
interests of MBA students and graduates of the best schools and, at the same
time, companies that employ their members.
As for
its accreditation system features nearly 135 business schools and their
programs according to well-established criteria that have been refined over the
years are evaluated. In this process contribute business schools and business.
What do you think AMBA?
This
partnership includes general criteria to be met by all MBA seeking
accreditation. Among them are:
-
Related to the institution as the mission, strategy, autonomy, economic
viability, organization, customer orientation and an association of students.
-related
Teachers: accreditation of graduate level at a higher level than 75%, quality
and international dimension of research, critical mass, innovative approaches
in methodological strategies.
-related
Students: consider a minimum of three years of work experience prior to
entering the MBA and half of all students in five years plus accreditation of
English proficiency.
-
Related to purposes and results as expectations that graduates must meet the
training that they be given.
When it
comes to assessing MBA distance specifications relating to the procedure for
monitoring the progress of pupils are added, the clarity of the information
provided on the details of the program, the tutoring system, according to the
program design, and duration of at least one thousand eight hundred hours,
among others.
Among
the institutions with the approval of AMBA highlights the Carlos III, Aberdeen
Business School, Auckland, SDA Bocconi, Bradford, EADA, ESADE Business School,
IESE, London Business School, University Nyenrode University and others.
AACSB
The
Association to Advance Collegiate Schools of Business (AACSB) is an
international accreditation system, as EQUIS and AMBA, represents the highest
levels of success for a business school worldwide.
US
origin, it is the oldest organization. Founded in 1916, its first quality
standards for MBAs were adopted in 1918, although obviously have been updated
since then, with three major reforms in 1980, 1991 and the last in 2003.
Those
whose accreditation confirm their commitment to quality and continuous
improvement through a rigorous and thorough inspection.
The
peculiarity of AACSBS is that not only provides quality standards to
traditional MBA, but also to specific accounting programs.
For the
latter, the characteristics required for obtaining the seal are that are fully
adapted to the needs of companies, be given long enough for you to take out a
reliable assessment of their actual quality, have clearly defined objectives
for each different MBA, among others.
What does expect the AACSB label?
Students
currently doing MBAs with international quality certification should be clear
that AACSB business school they attend or plan to attend:
1.
Manages resources to conduct adequate dynamically and its mission.
2.
Promotes advanced knowledge of management and business through the
qualification of teachers.
3.
Provides a high quality education programs updated study.
4.
Encourages meaningful interaction between students and teachers qualified.
5.
achieves its graduates achieve specific learning goals.
Some of
the business schools that have this accreditation are the University of Boston
(Massachusetts), Calgary (Canada), California, Chicago, HEC (Paris), La Salle,
London Business School and Rotterdam School of Management.
FIBAA
Although
not part of the three major organizations included the Foundation for
International Business Administration Accreditation (FIBAA).
This is a private organization of German origin
that accredits MBAs in the three German-speaking European countries: Germany,
Austria and Switzerland.
