Warning...long but interesting post ahead!
I too wanted to put in a few words about the soon-to-be-official AACSB accreditation at SUU mentioned on Dr. Tufte's other blog site. I have to admit that I when I first looked at MBA programs, AACSB accreditation was ranked very high in my search criteria. This is probably due to the fact that I came from an undergraduate business program that was AACSB accredited.
Without knowing that SUU was even in the accreditation process, I decided that AACSB accreditation was not everything. I was able to do this only after I stepped back and analyzed the true value of the AACSB accreditation. When I took an objective look, I found that some interesting insights:
First, the value of AACSB accreditation is very high within the accademic realm. There is a greater acceptance of credits between and among AACSB accredited schools. It does not guarantee this acceptance, but often facilitates it. All of my MBA prerequisite work at SUU was accepted mostly because I held a business degree from an AACSB accredited school.
Second, the AACSB accreditation does not hold the same clout in the business world. Accreditation is probably one of the most misunderstood areas of education by the public. When employers look at resumes, I doubt if they bother to find out whether or not an MBA is from an AACSB accredited business school. On the other hand, it does not hurt to hold the same business accreditation as the more well-known schools like Harvard or Stanford.
Third, the true value of the AACSB accreditation is the higher level of quality that it promotes in the business school. As many could attest to, the AACSB accreditation process is rigorous and intensive. The sheer fact that the accreditation process is undertaken shows the commitment to quality by a business school. This can only be good for both the business school and the student.
I am very happy that the School of Business at SUU decided to pursue this accreditation. I think it tells alot about their commitment to quality and growth. Also, congratulations to all the faculty and staff who made it a success! While AACSB accreditation is not everything, it is something special. Great Job!