The Triple Crown: AMBA, EQUIS and AACSB
There are more and more business schools opening that want to take the lead in competing against the competition. To check them against international standards, special institutes have been created that conduct accreditation. There are 3 reputable accreditation institutes:
- AACSB (The Association to Advance Collegiate Schools of Business) — Association to Advance Collegiate Schools of Business
- AMBA (The Association of MBAs) — Association of MBAs
- EQUIS (European Quality Improvement System) — European Quality Improvement System
A business school that has passed one of these organizations is already considered a quality institution of higher education. Nevertheless, the most prestigious universities are those that have been able to obtain all three accreditations. This is what is called the triple crown. Out of more than 13,000 business universities, only 90 have triple crown accreditation.
Is it worth the effort to get into such a university?
Studying at a business school with a triple crown — is not only prestigious, but also very beneficial for your resume. After all, it is not easy to get into a business school with triple crown accreditation, and it is even harder to study and graduate from such a school. It will be a testament to your intelligence and determination. But it is always worth remembering that even triple accreditation cannot be considered the only true indicator. Many U.S. universities do not have a triple crown, only because they do not meet the condition that only people with 3 years of experience can enter the MBA program.
In the United States, many universities do not have a triple crown, only because they do not meet the condition that only people with 3 years of experience can enter the MBA program.
Before enrolling in a university, it is worth going to the official website of the university and studying the information about it. Business schools always publish their achievements on a separate page where you can find out how many accreditations the university has.