Triple accreditation
Encyclopedia
Triple Accreditation is the accreditation awarded to 55 business schools worldwide by the three largest and most influential business school accreditation associations:
that AMBA
-accredited business schools admit MBA applicants with at least three years of full-time post-graduation work experience. Most top US business school
s cannot meet this criterion as they sometimes (though rarely) admit applicants with only a bachelor
's degree and little or no work experience.
1) Scope of accreditation
AACSB has the broadest scope, as it accredits management and accounting programs at the entire university (e.g. management programs at the business school and the school of engineering) and grants university-wide accreditation.
AMBA has the narrowest scope as it accredits only the business school's portfolios of MBA programs (full-time, part-time, executive, distance-learning), MBM
programs (including MSc
International Management) and DBA
(also known as DMgt in China).
EQUIS's scope ranks in the middle, as it accredits the business school but not the university and not specific portfolios of programs.
2) Duration of the accreditation process
AACSB: 5-6 years
AMBA: 9-12 months
EQUIS: 2-3 years
3) Reaccreditation
AACSB: 10-year accreditation with a light-touch fifth year re-accreditation
AMBA: full re-accreditation every 3 or 5 years (1-year accreditation is a possible outcome of reaccreditation, by exception)
EQUIS: full re-accreditation every 3 or 5 years
4) School audit team
AACSB's peer review team includes deans and business school administrators.
AMBA's assessment team includes deans, associate deans, program directors and one AMBA representative.
EQUIS's team includes only deans.
5) Evaluation report content
AACSB's report reflects compliance with the AACSB standards
AMBA's report includes compliance with criteria, commendations and recommendations
EQUIS's report reflects compliance with the EQUIS standards
6) Criteria/Standards size
AACSB: 77 pages for Business Accreditation; 36 pages for Accounting Accreditation
AMBA: 24 pages (9 pages for MBA; 9 pages for MBM; 6 pages for DBA)
EQUIS: 67 pages
7) Quantitative vs Qualitative
AACSB has more quantitative criteria (checklists)
AMBA has more qualitative criteria
EQUIS is in the middle (between AACSB and AMBA)
8) Internationalization
AACSB conducts the evaluation against the school's own mission, so AACSB has no internationalization requirement unless internationalization is part of the school's mission.
AMBA has internationalization criteria for research, curriculum and student enrolment. However, these are reviewed in a regional context for less internationalized regions (e.g. Latin America and Russia).
EQUIS has strict requirements on internationalization .
9) Faculty numbers
AACSB: prescribed faculty ratios
AMBA: no prescribed faculty-to-students ratio
EQUIS: prescribed minimum numbers of faculty
10) Visiting faculty
AACSB disapproves of heavy use of visiting faculty.
AMBA allows the visiting faculty model, as long as the visiting faculty are managed by a small core faculty (and as long as the quality and course content is monitored).
EQUIS disapproves of heavy use of visiting faculty.
11) Research
AACSB requires research in line with the mission of the school.
AMBA requires research and publications in international refereed journals. However, publications are reviewed in a regional context for less internationalized regions (e.g. Latin America and Russia).
EQUIS requires research with an international dimension.
12. Program-specific criteria
AACSB has no program-specific standards since it evaluates the entire university.
AMBA has program-specific criteria such as:
EQUIS has no program-specific standards since it evaluates the entire business school.
One reason for this is that some of the top business schools choose not to incur the financial cost of international accreditation and rely only on accreditation by their national accrediting body (usually the country's education ministry). Notable examples are the Desautels Faculty of Management
of McGill University
in Canada and the Indian Institute of Management Ahmedabad
in India, which have not received accreditation by any of the three global accrediting institutions.
Another reason is that the top schools in some regions do not meet one or more of the detailed criteria of the accrediting institutions and choose not to amend their policy. Notable examples are all top US business schools: Harvard Business School
, Wharton
, Stanford GSB
, Columbia Business School
, Chicago Booth, etc., which do not meet AMBA
's three-year student-work-experience requirement.
Thus Triple Accreditation is a quality seal for worldwide MBA programs that consider relevant experience as fundamental to complete the program.
References
- AACSB - The Association to Advance Collegiate Schools of Business (based in TampaTâmpaTâmpa may refer to several villages in Romania:* Tâmpa, a village in Băcia Commune, Hunedoara County* Tâmpa, a village in Miercurea Nirajului, Mureş County* Tâmpa, a mountain in Braşov city...
, FloridaFloridaFlorida is a state in the southeastern United States, located on the nation's Atlantic and Gulf coasts. It is bordered to the west by the Gulf of Mexico, to the north by Alabama and Georgia and to the east by the Atlantic Ocean. With a population of 18,801,310 as measured by the 2010 census, it...
) - AMBAAssociation of MBAsThe Association of MBAs is a London-based international organization that accredits postgraduate business programs at business schools worldwide. The Association is one of the three main global accreditation bodies in business education and styles itself "the world's impartial authority on...
- The Association of MBAs (based in LondonLondonLondon is the capital city of :England and the :United Kingdom, the largest metropolitan area in the United Kingdom, and the largest urban zone in the European Union by most measures. Located on the River Thames, London has been a major settlement for two millennia, its history going back to its...
) - EQUISEquisEquis may refer to:*European Quality Improvement System an international system of assessment and accreditation of higher education institutions in management and business administration run by the European Foundation for Management Development....
- European Quality Improvement System (based in BrusselsBrusselsBrussels , officially the Brussels Region or Brussels-Capital Region , is the capital of Belgium and the de facto capital of the European Union...
)
Summary
Of the 13,670 business schools worldwide, only 55 have Triple Accreditation as of November 2011. A major reason for the small number of triple-accredited institutions is the requirement of the Association of MBAsAssociation of MBAs
The Association of MBAs is a London-based international organization that accredits postgraduate business programs at business schools worldwide. The Association is one of the three main global accreditation bodies in business education and styles itself "the world's impartial authority on...
that AMBA
Association of MBAs
The Association of MBAs is a London-based international organization that accredits postgraduate business programs at business schools worldwide. The Association is one of the three main global accreditation bodies in business education and styles itself "the world's impartial authority on...
-accredited business schools admit MBA applicants with at least three years of full-time post-graduation work experience. Most top US business school
Business school
A business school is a university-level institution that confers degrees in Business Administration. It teaches topics such as accounting, administration, economics, entrepreneurship, finance, information systems, marketing, organizational behavior, public relations, strategy, human resource...
s cannot meet this criterion as they sometimes (though rarely) admit applicants with only a bachelor
Bachelor
A bachelor is a man above the age of majority who has never been married . Unlike his female counterpart, the spinster, a bachelor may have had children...
's degree and little or no work experience.
AACSB, AMBA and EQUIS: Differences in Accreditation
Each of the three institutions assesses a business school according to different criteria and scope:1) Scope of accreditation
AACSB has the broadest scope, as it accredits management and accounting programs at the entire university (e.g. management programs at the business school and the school of engineering) and grants university-wide accreditation.
AMBA has the narrowest scope as it accredits only the business school's portfolios of MBA programs (full-time, part-time, executive, distance-learning), MBM
MBM
MBM may be:*MBM an architectural firm based in Barcelona, Spain.*Meadowbrook Meat Company, an American foodservice companyIn computing:* MBM , mobile bitmap or multi bitmap...
programs (including MSc
MSC
- Computers:* Mario Strikers Charged* Microsoft Common Console Document, file for the Microsoft Management Console* Microelectronics Support Centre* Microsoft Corporation* MIDI Show Control* Message Sequence Chart...
International Management) and DBA
Doctor of Business Administration
The degree of Doctor of Business Administration, abbreviated, or and equivalent to , is a research doctorate in business administration. The D.B.A...
(also known as DMgt in China).
EQUIS's scope ranks in the middle, as it accredits the business school but not the university and not specific portfolios of programs.
2) Duration of the accreditation process
AACSB: 5-6 years
AMBA: 9-12 months
EQUIS: 2-3 years
3) Reaccreditation
AACSB: 10-year accreditation with a light-touch fifth year re-accreditation
AMBA: full re-accreditation every 3 or 5 years (1-year accreditation is a possible outcome of reaccreditation, by exception)
EQUIS: full re-accreditation every 3 or 5 years
4) School audit team
AACSB's peer review team includes deans and business school administrators.
AMBA's assessment team includes deans, associate deans, program directors and one AMBA representative.
EQUIS's team includes only deans.
5) Evaluation report content
AACSB's report reflects compliance with the AACSB standards
AMBA's report includes compliance with criteria, commendations and recommendations
EQUIS's report reflects compliance with the EQUIS standards
6) Criteria/Standards size
AACSB: 77 pages for Business Accreditation; 36 pages for Accounting Accreditation
AMBA: 24 pages (9 pages for MBA; 9 pages for MBM; 6 pages for DBA)
EQUIS: 67 pages
7) Quantitative vs Qualitative
AACSB has more quantitative criteria (checklists)
AMBA has more qualitative criteria
EQUIS is in the middle (between AACSB and AMBA)
8) Internationalization
AACSB conducts the evaluation against the school's own mission, so AACSB has no internationalization requirement unless internationalization is part of the school's mission.
AMBA has internationalization criteria for research, curriculum and student enrolment. However, these are reviewed in a regional context for less internationalized regions (e.g. Latin America and Russia).
EQUIS has strict requirements on internationalization .
9) Faculty numbers
AACSB: prescribed faculty ratios
AMBA: no prescribed faculty-to-students ratio
EQUIS: prescribed minimum numbers of faculty
10) Visiting faculty
AACSB disapproves of heavy use of visiting faculty.
AMBA allows the visiting faculty model, as long as the visiting faculty are managed by a small core faculty (and as long as the quality and course content is monitored).
EQUIS disapproves of heavy use of visiting faculty.
11) Research
AACSB requires research in line with the mission of the school.
AMBA requires research and publications in international refereed journals. However, publications are reviewed in a regional context for less internationalized regions (e.g. Latin America and Russia).
EQUIS requires research with an international dimension.
12. Program-specific criteria
AACSB has no program-specific standards since it evaluates the entire university.
AMBA has program-specific criteria such as:
- at least 3 years of full-time work experience for all admitted MBA students;
- at least 500 contact hours (scheduled class hours) for a full-time MBA curriculum and a minimum of 120 contact hours for a distance-learning MBA;
- at least 20 students enrolled in an MBA program;
EQUIS has no program-specific standards since it evaluates the entire business school.
List of Triple Accredited Schools
There are 55 triple-accredited schools worldwide as of November 2011.- Aalto University School of Economics, Helsinki, Finland
- Antai College of Economics and ManagementShanghai Jiao Tong UniversityShanghai Jiao Tong University or SJTU), sometimes referred to as Shanghai Jiaotong University , is a top public research university located in Shanghai, China. Shanghai Jiao Tong University is known as one of the oldest and most prestigious universities in China...
, Shanghai Jiao Tong UniversityShanghai Jiao Tong UniversityShanghai Jiao Tong University or SJTU), sometimes referred to as Shanghai Jiaotong University , is a top public research university located in Shanghai, China. Shanghai Jiao Tong University is known as one of the oldest and most prestigious universities in China...
, Shanghai, China - Ashridge Business SchoolAshridge Business SchoolAshridge Business School is an independent, non-profit making organisation, near Berkhamsted in Hertfordshire, England. Its activities include open and tailored executive education programmes, MBA, MSc and Diploma qualifications, organisation consulting, applied research and online learning....
, Berkhamstead, UK - Aston Business SchoolAston Business SchoolAston Business School is the business school of Aston University in Birmingham, England. Founded in 1967 it offered its first MBA programme in 1968. In 2006 it opened a new £22m extension including new study rooms and two new lecture theatres....
, Aston UniversityAston UniversityAston University is a "plate glass" campus university situated at Gosta Green, in the city centre of Birmingham, England.Established in 1895 as the Birmingham Municipal Technical School, Aston was granted its Royal Charter as Aston University on 22 April 1966...
, Birmingham, UK - Audencia NantesAudenciaAudencia Nantes School of Management is one of the foremost business schools in France, accredited by EQUIS , AACSB and AMBA...
, Nantes, France - BEM - Bordeaux Management SchoolBEM Management SchoolBEM - Bordeaux Management School is the legal name of a French Grande Ecole founded in 1874, managed and financed by Bordeaux Chamber of Commerce....
, Bordeaux, France - Brisbane Graduate School of BusinessBrisbane Graduate School of BusinessThe QUT Business School is one of the five schools in the Faculty of Business at the Queensland University of Technology.The university was established in 1908 and QUT Business School was established in 1995. The school offers a Master of Business Administration program and a Graduate Certificate...
/QUT Business SchoolBrisbane Graduate School of BusinessThe QUT Business School is one of the five schools in the Faculty of Business at the Queensland University of Technology.The university was established in 1908 and QUT Business School was established in 1995. The school offers a Master of Business Administration program and a Graduate Certificate...
, Queensland University of TechnologyQueensland University of TechnologyQueensland University of Technology is an Australian university with an applied emphasis in courses and research. Based in Brisbane, it has 40,000 students, including 6,000 international students, over 4,000 staff members, and an annual budget of more than A$750 million.QUT is marketed as "A...
, Brisbane, Australia. - Cass Business School, City University London, London, UK
- CATÓLICA-LISBON, School of Business & Economics, Lisbon, Portugal
- CENTRUM Católica, Pontificia Universidad Católica del Perú, Lima, Perú
- Copenhagen Business SchoolCopenhagen Business SchoolCopenhagen Business School, also known as CBS, is situated in Copenhagen, Denmark. With more than 17,000 students and 1,300 staff members, CBS is also one of the largest business schools in Europe. CBS offers a wide range of business-oriented university programmes and a research environment...
, Copenhagen, Denmark - Cranfield School of ManagementCranfield School of ManagementCranfield School of Management is part of Cranfield University and a leading business school in the world. Cranfield University has provided management training since the late 1940s...
, Bedfordshire, UK - Durham Business School, Durham UniversityDurham UniversityThe University of Durham, commonly known as Durham University, is a university in Durham, England. It was founded by Act of Parliament in 1832 and granted a Royal Charter in 1837...
, DurhamDurhamDurham is a city in north east England. It is within the County Durham local government district, and is the county town of the larger ceremonial county...
, UK - EAESPEscola de Administração de Empresas de São PauloThe Escola de Administração de Empresas de São Paulo is a Brazilian private higher education institution, founded in 1954 and linked to the Fundação Getúlio Vargas....
- Fundação Getúlio VargasFundação Getúlio VargasFundação Getulio Vargas is a Brazilian higher education institution founded on December 20, 1944. It offers regular courses of Economics, Business Administration, Law, Social Sciences and Information technology management...
, São Paulo, Brazil - EDHEC, Lille & Nice, France
- EGADEEGADEEGADE Business School is the Graduate School of Business at ITESM , a university system with 33 campuses in 26 cities in Mexico.EGADE Business School was created more than 30 years ago in Monterrey, 180 miles south of the...
Business School, Tecnológico de Monterrey, Monterrey, Mexico - EMLYON Business School (Lyon, Shanghai, Geneva)
- ESADE Business SchoolESADE Business SchoolESADE Business School is a business school founded in 1958 in Barcelona, Spain, which has been ranked several times the world's No. 1 international management school by the Wall Street Journal. It is part of ESADE and the Ramon Llull University...
and ESADE University Faculties, Barcelona, Spain - ESCP-Europe European School of Management (Paris, London, Madrid, Berlin, Turin)
- Euromed Management – School of Management and Business, Marseille, France
- Faculty of BusinessCity University of Hong KongCity University of Hong Kong is a comprehensive research university in Hong Kong. It was founded in 1984 as City Polytechnic of Hong Kong and became a fully accredited university in 1994. It has achieved fast growth in recent years and received international recognition for its academic achievements...
, City University of Hong KongCity University of Hong KongCity University of Hong Kong is a comprehensive research university in Hong Kong. It was founded in 1984 as City Polytechnic of Hong Kong and became a fully accredited university in 1994. It has achieved fast growth in recent years and received international recognition for its academic achievements...
, Hong Kong - Faculty of BusinessHong Kong Polytechnic UniversityThe Hong Kong Polytechnic University specialises in professional education in Hong Kong. The University’s teaching units are grouped under six faculties and two schools; the Faculty of Applied Science and Textiles, Faculty of Business, Faculty of Construction and Environment, Faculty of...
, The Hong Kong Polytechnic University, Hong Kong - Grenoble School of BusinessGrenoble école de managementGrenoble Ecole de Management also known as Grenoble EM or Grenoble School of Management, was founded in 1984 by the local chamber of commerce...
Grenoble, France - HEC Paris (Ecole des Hautes Etudes Commerciales)HEC School of ManagementHEC Paris or École des Hautes Études Commerciales de Paris is one of the foremost business schools in France and in Europe. It was created in 1881 by the Paris Chamber of Commerce and Industry on the model of French Grandes Ecoles and has progressively become one of the most selective graduate...
- HEC MontrealHEC MontréalHEC Montréal , is the independent affiliated business school of the Université de Montréal, and the oldest management School in Canada. It holds accreditations from AACSB, EQUIS and AMBA, one of three schools in North America to hold triple accreditation in management education...
Montreal, Canada - Hull University Business School, Hull, UK
- Henley Business SchoolHenley Business SchoolThe Henley Business School at the University of Reading is an English triple accredited business school, and the first business school to be established in the United Kingdom. It was formed by merging the previously independent Henley Management College, formerly the Administrative Staff College,...
, Henley-on-Thames and Reading, UK - IAE Universidad AustralIAE Universidad AustralIAE is the Management and Business School of the Universidad Austral. It is located in the suburb of Pilar in Buenos Aires Province, Argentina....
, Buenos Aires, Argentina - IE Business School, Madrid, Spain
- IESAInstituto de Estudios Superiores de AdministraciónThe Instituto de Estudios Superiores de Administración is a private non-profit Venezuelan business school with campuses in Caracas, Maracaibo and Valencia. It was founded in 1965...
, Caracas, Venezuela - IESEIESEIESE Business School is the graduate business school of the University of Navarra. IESE has campuses in Barcelona, Madrid, and New York City and teaching facilities in Munich and Sao Paulo...
Barcelona, Spain - IMDInternational Institute for Management DevelopmentIMD - International Institute for Management Development is a non profit business school located in Lausanne, Switzerland.- History & Mission :...
Lausanne, Switzerland - INSEADINSEADINSEAD is an international graduate business school and research institution. It has campuses in Europe , Asia , and the Middle East , as well as a research center in Israel...
Fontainebleau, France / Singapore - División Académica de Administración y ContaduríaInstituto Tecnológico Autónomo de MéxicoThe Instituto Tecnológico Autónomo de México , commonly known as ITAM, is a private Ph.D.-granting research university located in Mexico City, Mexico...
, ITAMInstituto Tecnológico Autónomo de MéxicoThe Instituto Tecnológico Autónomo de México , commonly known as ITAM, is a private Ph.D.-granting research university located in Mexico City, Mexico...
, Mexico City, Mexico - Kozminski UniversityKozminski UniversityKozminski University is a private, non profit business school in Warsaw, Poland, considered to be...
, Warsaw, Poland - Lancaster University Management SchoolLancaster University Management SchoolLancaster University Management School in Lancaster, England, is the business school of Lancaster University. The School was established in 1964. A full range of subjects are taught, ranging from undergraduate degrees to postgraduate degrees including MBAs, PhDs and post-experience executive...
, Lancaster, UK - London Business SchoolLondon Business SchoolLondon Business School is an international business school and a constituent college of the federal University of London, located in central London, beside Regent's Park...
, London, UK - Maastricht University, School of Business and Economics, MaastrichtMaastrichtMaastricht is situated on both sides of the Meuse river in the south-eastern part of the Netherlands, on the Belgian border and near the German border...
, The Netherlands - Manchester Business SchoolManchester Business SchoolManchester Business School is the largest department of the University of Manchester in Manchester, England. According to Bloomberg Business Week's ranking of the world's best business schools the MBS MBA is ranked third in the world...
, University of ManchesterUniversity of ManchesterThe University of Manchester is a public research university located in Manchester, United Kingdom. It is a "red brick" university and a member of the Russell Group of research-intensive British universities and the N8 Group...
, Manchester, UK - Mannheim Business SchoolMannheim Business SchoolMannheim Business School is the graduate business school of the University of Mannheim. It was founded in 2004 as a university spin-off in order to provide Master of Business Administration , Executive MBA, Master of Accounting and Taxation, open enrollment programs as well as tailored company...
, University of MannheimUniversity of MannheimThe University of Mannheim is one of the younger German universities. It offers Bachelor, Master, and PhD degrees.The University is mainly located in Mannheim’s palace the largest baroque palace in Germany. The whole city center of Mannheim is aligned symmetrically to the palace.About 800 scholars...
, Mannheim, Germany (Undergraduate and Graduate Schools) - New University of LisbonNew University of LisbonUniversidade NOVA de Lisboa, , also known as NOVA ) was established in 1973 and is the youngest of the three public universities of Lisbon, in Portugal....
(Universidade Nova de Lisboa), Lisbon, Portugal - Open University Business School, UK
- Queen's School of BusinessQueen's School of BusinessThe Queen's School of Business is located in Queen's University, Kingston, Ontario, Canada. Since 2006, the Queen's School of Business MBA program has been ranked by Business Week number one internationally, outside the United States. The school of business became its own faculty in 1963 with its...
, Kingston, Canada - Reims Management SchoolReims Management SchoolReims Management School is a business school or grande école in Reims, France, consisting of four smaller schools offering several specialized programs. Founded in 1928, it is one of the few business schools worldwide to gain triple accreditation by the European EFMD , the British AMBA, and the...
, Reims, France - Rotterdam School of ManagementRotterdam School of ManagementRotterdam School of Management, Erasmus University is the international business school of the Erasmus University Rotterdam located in Rotterdam, Netherlands...
, Erasmus University Rotterdam, Rotterdam, The Netherlands - Rouen Business SchoolÉcole Supérieure de Commerce de RouenThe Ecole Supérieure de Commerce de Rouen is a leading French business school.ESC Rouen's quality is recognized at European level through its EQUIS accreditation and its Financial Times' ranking 13th position best European Master in Management...
, Rouen, France - Telfer School of ManagementTelfer School of ManagementThe Telfer School of Management is a business school located at the University of Ottawa in Ottawa, Ontario, Canada. The school is named in honour of one university alumnus, Ian Telfer , who made a significant donation to the University of Ottawa...
, University of OttawaUniversity of OttawaThe University of Ottawa is a bilingual, research-intensive, non-denominational, international university in Ottawa, Ontario. It is one of the oldest universities in Canada. It was originally established as the College of Bytown in 1848 by the Missionary Oblates of Mary Immaculate...
, Ottawa, Canada - Toulouse Business School, Toulouse, France; Barcelona, Spain; Casablanca, Morocco
- Universidad de los AndesUniversity of the Andes, ColombiaThe University of the Andes , is a coeducational, nonsectarian private university located in city centre Bogotá, Colombia. Founded in 1948, the University has 9 faculties: Administration, Architecture and Design, Arts and Humanities, Sciences, Social Sciences, Law, Economics, Engineering and...
, Facultad de Administración, Bogotá, Colombia - University College DublinUniversity College DublinUniversity College Dublin ) - formally known as University College Dublin - National University of Ireland, Dublin is the Republic of Ireland's largest, and Ireland's second largest, university, with over 1,300 faculty and 17,000 students...
, Michael Smurfit Graduate School of BusinessMichael Smurfit Graduate School of BusinessThe UCD Michael Smurfit Graduate Business School is the business school of University College Dublin, located in Blackrock in Dublin, Republic of Ireland....
, Dublin, Ireland - University of AucklandUniversity of AucklandThe University of Auckland is a university located in Auckland, New Zealand. It is the largest university in the country and the highest ranked in the 2011 QS World University Rankings, having been ranked worldwide...
Business School, Auckland, New Zealand - University of Strathclyde Graduate School of Business, Glasgow, Scotland, UK
- Vlerick Leuven Gent Management SchoolVlerick Leuven Gent Management SchoolThe Vlerick Leuven Gent Management School is the autonomous management school of the University of Ghent and the Katholieke Universiteit Leuven. Vlerick was founded in 1953 by professor and entrepreneur Baron André Vlerick. Vlerick specializes in two research fields: "Innovation and...
, Ghent, Belgium - Waikato Management SchoolUniversity of WaikatoThe University of Waikato is located in Hamilton and Tauranga, New Zealand, and was established in 1964. It has strengths across a broad range of subject areas, particularly its degrees in Computer Science and in Management...
, Hamilton, New Zealand - Warwick Business SchoolWarwick Business SchoolWarwick Business School, also known as WBS, was established in 1967 as the School of Industrial and Business Studies.It offers undergraduate, postgraduate and PhD degree programmes,as well as non-degree executive education for individuals and companies....
, University of WarwickUniversity of WarwickThe University of Warwick is a public research university located in Coventry, United Kingdom...
, Warwick, UK
Top Schools without Triple Accreditation
Triple Accreditation is perceived as a symbol of the highest quality among business schools or MBA programs. However, quite a few of the world's top business schools are not triple-accredited.One reason for this is that some of the top business schools choose not to incur the financial cost of international accreditation and rely only on accreditation by their national accrediting body (usually the country's education ministry). Notable examples are the Desautels Faculty of Management
Desautels Faculty of Management
The Desautels Faculty of Management is one of the constituent faculties of McGill University. The Faculty has been host to the McGill Management International Case Competition since 2001...
of McGill University
McGill University
Mohammed Fathy is a public research university located in Montreal, Quebec, Canada. The university bears the name of James McGill, a prominent Montreal merchant from Glasgow, Scotland, whose bequest formed the beginning of the university...
in Canada and the Indian Institute of Management Ahmedabad
Indian Institute of Management Ahmedabad
The Indian Institute of Management Ahmedabad , better known as IIM Ahmedabad or simply IIM-A, is a business school located in Ahmedabad, Gujarat, India. It is the second Indian Institute of Management to be established, in 1961.-History:...
in India, which have not received accreditation by any of the three global accrediting institutions.
Another reason is that the top schools in some regions do not meet one or more of the detailed criteria of the accrediting institutions and choose not to amend their policy. Notable examples are all top US business schools: Harvard Business School
Harvard Business School
Harvard Business School is the graduate business school of Harvard University in Boston, Massachusetts, United States and is widely recognized as one of the top business schools in the world. The school offers the world's largest full-time MBA program, doctoral programs, and many executive...
, Wharton
Wharton School of the University of Pennsylvania
The Wharton School is the business school of the University of Pennsylvania, an Ivy League university in Philadelphia, Pennsylvania. Wharton was the world’s first collegiate business school and the first business school in the United States...
, Stanford GSB
Stanford Graduate School of Business
The Stanford Graduate School of Business is one of the professional schools of Stanford University, in Stanford, California and is broadly regarded as one of the best business schools in the world.The Stanford GSB offers a general management Master of Business Administration degree, the Sloan...
, Columbia Business School
Columbia Business School
Columbia Business School is the business school of Columbia University in Manhattan, New York City. It was established in 1916 to provide business training and professional preparation for undergraduate and graduate Columbia University students...
, Chicago Booth, etc., which do not meet AMBA
Association of MBAs
The Association of MBAs is a London-based international organization that accredits postgraduate business programs at business schools worldwide. The Association is one of the three main global accreditation bodies in business education and styles itself "the world's impartial authority on...
's three-year student-work-experience requirement.
Thus Triple Accreditation is a quality seal for worldwide MBA programs that consider relevant experience as fundamental to complete the program.
See also
References