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==== ==== Discover Which MBA Program Best for You www.economismba.org/best-mba-programs ==== ====

World wide, there are more than 3,000 MBA programs offered by universities, and new ones seem to appear almost daily. The growth of MBA programs has been especially rapid outside of the United States. The demand for the MBA in India has resulted in a proliferation of programs. More recently, new MBA programs have been created in China, often by professors and graduates from programs in the United States. The MBA degree originated in the United States, and its popularity has caused other countries to copy the US model, some with great success. Products in England, France, and Switzerland have earned good reputations. A small number of Indian programs have developed a good reputation, and some Chinese programs have been careful to emulate the quality their founders observed and experienced in American schools where they studied or taught. There is no doubt that the best MBA programs are still in the United States. They are found in established not-for-profit private universities and many state universities. These are schools that are accredited by the AACSB International-The Association to Advance Collegiate Schools of Business, which sets the standards for business and accounting programs at the bachelor's, master's, and doctoral level. AACSB accreditation is the mark of quality for MBA programs. More recently there has been a spurt in the growth of for-profit schools, many of which offer the MBA degree. The demand for higher education, and particularly for the MBA degree, has prompted the creation of for-profit programs. But such programs suffer from several problems. First of all, to have any credibility, these new schools have to be accredited. In some cases, they were formed as for-profit organizations and then bought small private colleges that were facing having to close their doors for lack of sufficient revenue and resources. What these small colleges had, however, was local accreditation. By maintaining their accredited programs, the buyers could piggy-back their newly created MBA program and add it to the curriculum, and thus claim they offered an accredited degree. Another problem faced by the new for-profit schools is a lack of terminally qualified faculty. Many of these schools depend on adjunct faculty who teach part time and usually do not have the doctoral degrees required for AACSB accreditation. A third problem is that most of the for-profit schools depend on Federal money to fund their operations by recruiting students who qualify for Federal financial aid. In many cases, the students recruited simply are not qualified for graduate study. The result is that a large proportion of the private schools' students do not graduate, and those that do often cannot find employment because employers are aware of the poor quality of education offered by the for-profit schools. Given the above, it is clear that if you are looking for an MBA program in which to enroll, you must take great care to investigate the available choices carefully. Look beyond the hype promoted by


many programs who promise more than they can deliver. There are hundreds of very good MBA programs, and dozens of very poor ones. If at all possible, look for programs at schools accredited by the AACSB. Many good programs exist that have not yet qualified for AACSB accreditation but are working toward it. They may be AACSB members or candidates. Before you decide to apply, use the Internet to investigate the programs you are considering. Your future career may depend on it.

A good source of information about MBA programs is the Official MBA Guide, a free public service. It lists most AACSB accredited programs and many others. It provides a lot of information on what to look for in a program and what criteria are meaningful. It includes a search mechanism that allows you to select criteria you consider important and gives you a list of schools ranked according to how they meet your criteria. Find the Official MBA Guide at http://officialmbaguide.org. Serge Matulich, Ph.D., CPA

Article Source: http://EzineArticles.com/?expert=Serge_Matulich

==== ==== Discover Which MBA Program Best for You www.economismba.org/best-mba-programs ==== ====

Discover Which MBA Programs is Best For You  

Discover Which MBA Programs is Best For You www.economistmba.org/mba-rankings

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