Which Business School?
One important factor to consider when choosing from the many MBA programs worldwide, is the ranking position of a business school. An MBA degree from a prestigious institution can certainly broaden career opportunities and punctuate a resume. However, there are other, equally important factors that should also inform the decision process. For example, prospective MBA students should also consider whether an institution has a separate school for business administration. This is often a sign of a university’s dedication to business education, and can be a reflection of the overall quality of the MBA program. Some other factors to consider are the quality of the faculty, the institution’s affiliations and connections with the business world, and the age and reputation of its MBA program.
Another good indicator for the quality of an MBA program is official accreditation by either AACSB, AMBA or Equis. These are the three major international accreditation organizations for business education. There are also other accreditation organizations that cover smaller geographic areas, such as the Foundation for International Business Administration Accreditation, or FIBAA, which primarily evaluates MBA programs in German-speaking countries (though it is gradually expanding its scope). For more information about these accreditation organizations, go to MBA Accreditations.