AACSB built its accreditation process around the goal of creating and supporting the next generation of business leaders. This board provides quality assurance, business education intelligence, and professional development services to member institutions.
ACBSP was developed to accredit programs, including those offered at two-year institutions like community colleges with a teaching (rather than research) emphasis.
Hi
There are two major accreditation agencies: the Association to Advance Collegiate Schools of Business (AACSB) and the Accreditation Council for Business Schools and Programs (ACBSP).
AACSB accreditation is popular also it is been around longer than ACBSP.AACSB is recognized more in some quarters.The AACSB is generally regarded as ‘the gold standard’ for business school. Some experts tells that this organization is less focused on the quality of the business program, and is more focused on the published research being generated from the school.The AACSB was formed in 1916, while the ACBSP has been in there for approximately 30 years.AASCB is better known among educators and employers.Some companies like Intel have announced they only will reimburse tuition for MBAs earned at AACSB accreditation.ACBSP is focuses on quality of program. They are less concerned about research.
Hope this helps.
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