A Comparative analysis of AACSB and NBA Accreditation

Abstract

These abstract compares two well-known accreditation bodies for business and management education: the National Board of Accreditation (NBA, established in 2010 in India) and the Association to Advance Collegiate Schools of Business (AACSB, established in 1916 in the US). These bodies serve the crucial role of quality assurance in higher education, regardless the significant variations in their scope, standards, and global influence.

AACSB emphasizes more on academic success, innovation, strategic management, and social impact. AACSB was established with focus of evaluating degree business administration programs later it also adopted additional standards for undergraduate and graduate degree programs in accounting. AACSB accreditation for business and/or accounting institutions may be programmatic or institutional. AACSB accreditation process is considered to be toughest among all accreditations. AACSB is applicable worldwide and not limited to only one country.  Its requirements are very precise, focused on outcomes, and founded on principles. It has been described as the "gold standard" for business schools all around the world.