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Accreditation Abbreviations:

  • AACSB: Association for the Advancement of Collegiate Schools of Business is an accreditation agency recognized by the U.S. Department of Education. This organization accredits the world’s top business schools. Its standards are high and dictate that faculty must be involved in academic research, among other requirements. The group is a specialized accreditor for business schools. Specialized accreditation granted to regionally accredited institutions that have business schools.
  • ACBSP: Accreditation Council for Business Schools and Programs is an accreditation agency recognized by the U.S. Department of Education. This organization accredits a broad spectrum of business schools. Its standards are high and its emphasis in on faculty that is experienced in their field of instruction, among other requirements. The group is a specialized accreditor for business programs. Specialized accreditation granted to regionally accredited institutions that have business schools.
  • IABCE: International Assembly for Collegiate Business Education. IACBE is an outcomes-based programmatic accreditation in business. It is an accreditation agency recognized by the U.S. Department of Education. Specialized accreditation granted to regionally accredited institutions that have business schools.
  • MSCHE: The Middle States Commission on Higher Education is the unit of the Middle States Association of Colleges and Schools that accredits degree-granting colleges and universities in the Middle States region, which includes Delaware, the District of Columbia, Maryland, New Jersey, New York, Pennsylvania, Puerto Rico, the U.S. Virgin Islands, and several locations internationally. It is an accreditation agency recognized by the U.S. Department of Education.
  • HLC/NCACS: The Higher Learning Commission of the North Central Association of Colleges and Schools. HLC is the accreditation arm of the NCACS. The group grants initial reviews of applications for accreditation and ensures standards continue to be upheld. It is an accreditation agency recognized by the U.S. Department of Education.
  • NEASC: New England Association of Schools and Colleges. NEASC provides accreditation services for more than 2000 public and private institutions in the six state region – Pre-K through university. NEASC accreditation uses self-reflection, peer review and best practices as integral components of its assessment process. It is an accreditation agency recognized by the U.S. Department of Education.
  • NWCCU: The Northwest Commission on Colleges and Universities (NWCCU) is an independent, non-profit membership organization recognized by the U.S. Department of Education as the regional authority on educational quality and institutional effectiveness of higher education institutions in the seven-state Northwest region of Alaska, Idaho, Montana, Nevada, Oregon, Utah, and Washington.
  • SACS/COC: The Southern Association of Colleges and Schools Commission on Colleges. SACS/COC is the regional body for the accreditation of degree-granting higher education institutions in the Southern states. It is an accreditation agency recognized by the U.S. Department of Education.
  • WASC: The Western Association of Schools and Colleges. WASC is one of six regional accrediting associations in the United States. The commission provides assistance to schools located in California, Hawaii, Guam, the Commonwealth of the Northern Marianas, American Samoa, the Federated States of Micronesia, the Republic of the Marshall Islands, and East Asia. It is an accreditation agency recognized by the U.S. Department of Education.
  • DETC: The Distance Education and Training Council. DETC reviews the quality of programs from distance learning institutes. It is an accreditation agency recognized by the U.S. Department of Education. It is an accreditation agency recognized by the U.S. Department of Education.

Frequently Used Terms:

Primarily Asynchronous: Programs that allow students to participate when convenient within parameters determined by the school or faculty member. Some programs may require synchronous participation for certain classes or discussions.

Base Program Cost: Determined by number of credit hours multiplied by the out of state cost per credit hour. When an out of state credit hour cost is not assigned, the credit hour charge for online graduate students is used. Base program costs do not usually include textbooks, the cost of prerequisite courses or additional credit hours needed for certifications, unless noted. Where appropriate, the base program cost will be broken out by in-state (R) and out-of-state (NR) residents. For comparisons or list order, the base program cost for non-residents will be used.

GMAT Required: In certain cases, the GMAT requirement may be waived. This varies by school depending on undergraduate GPA, professional work experience, or previous graduate work. Schools that do require the GMAT may have a minimum score threshold to be considered for enrollment. GMAT requirements are best discussed with admissions counselors at the programs being considered.

Minimum Time Commitment: This is the minimum amount of time a student would need to earn their MBA. This minimum differs by school–based on the student’s full time or part time status, waived prerequisites, or additional factors that are best discussed with an institution’s admissions office.

Concentrations: MBA students can opt to follow a prescribed course sequence such as International Business, Health Care Administration, or other concentrations. Or they will follow a Generalist core curriculum and use Electives to select a concentration of their own design.

Campus Requirements: Some programs elect to have students come to campus for courses, testing, or other reasons best discussed with the admissions offices of the programs under consideration.