THE IMPACT OF BUSINESS PROGRAM ACCREDITATION ON RANKING AND ENROLLMENT FOR HBCU SCHOOLS

Year 2021, , 233 - 242, 31.12.2021

Zachary B. Wıllıams

https://doi.org/10.17261/Pressacademia.2021.1465

Abstract

Purpose- This article evaluates the effect of business program accreditation on the ranking of the nation’s Historically Black Colleges or
Universities to provide empirical data for program administrators.
Methodology- The methodology in this study consists of a series of Mann-Whitney U tests to determine the association between
accreditation and rankings and an ANOVA test to determine if enrollments are significantly different among accreditation types.
Findings- The findings indicate that AACSB accreditation is associated with a statistically significant positive distinction in rankings and with
statistically higher enrollments. ACBSP accreditation is not statistically corelated with rankings or enrollment. The effect of IACBE
accreditation appears to be inconclusive in this study.
Conclusion- These findings lend support to the conclusion that AACSB accreditation could enhance rankings and increase enrollment; this
same conclusion is not supported for ACBSP accreditation, and further research is needed for IACBE accreditation. The key limitation in this
study is the lack of analysis that a change to AACSB accreditation will cause changes in rankings and enrollment, and avenues for future
research are explored.

Keywords

Historically Black College or University (HBCU), business school accreditation, AACSB, ACBSP, IACBE

References

• Alajoutsijärvi, K., Kettunen, K., & Sohlo, S. (2018). Shaking the status quo: Business accreditation and positional competition. Academy of Management Learning & Education,17(2), 203-225. doi:10.5465/amle.2015.0199
• Association to Advance Collegiate Schools of Business (AACSB) Website. (n.d.). https://www.aacsb.edu
• Accreditation Council for Business Schools and Programs (ACBSP) Website. (n.d.). https://acbsp.org
• AACSB International Task Doctoral Education Task Force (2013). Retrieved from https://www.aacsb.edu/~/media/AACSB/Publications /research-reports/the-promise-of-business-doctoral-education.ashx
• Bian, H. (2011). SPSS Introduction II. Retrieved from http://core.ecu.edu/ofe/statisticsresearch/spss introduction ii.pdf
• Bieker, R. (2014). The impact of AACSB accreditation on the autonomy and costs of limited resource institutions whose missions are primarily teaching. Journal of Applied Research in Higher Education, 6(2), 358-374. doi:10.1108/jarhe-06-2013-0024
• Brink, K., & Smith, C. (2012). A comparison of AACSB, ACBSP, and IACBE accredited U.S. business programs: An institutional resource perspective. Business Education & Accreditation, 44(2).
• Business Management Degree. (n.d.). What are the differences between the business accreditation agencies: AACSB, ACBSP, AND IACBE? Retrieved from https://www.business-management-degree.net/differences-comparisons-aacsb-acbsp-iacbe/
• Brown, S. (2016, May 22). Measures of Shape: Skewness and Kurtosis. Retrieved from https://brownmath.com/stat/shape.htm #SkewnessInterpret
• Cozby, P. C., & Bates, S. (2015). Methods in behavioral research (12th ed.). McGraw-Hill Education: New York, NY. ISBN: 978-0-07-786189-6
• Credle, S., & Scott, N. (2016). Interesting data regarding the 2017 Rankings of Historically Black Colleges and Universities. The Journal of Business and Finance Research, 6(2).
• Cromwelle, J. (n.d). AACSB vs. ACBSP Accreditation [2021 Guide]. My Degree Guide. Retrieved from https://www.mydegreeguide.com /aacsb-vs-acbsp/
• De’Armond, D., & Patterson, R. (2018). Assurance of learning at the graduate level: An innovative roadmap for MBA program assessment. Research in Higher Education Journal. 35, 1-25.
• Doh, L., Prince, D., McLain, M., Credle S.H., (2018). The impact of the AACSB accreditation on enrollment growth at HBCU (historically Black Colleges and Universities) business schools. Research Journal of Business and Management (RJBM), V.5(2), p.130-141.
• Freed, N., Jones, S., & Bergquist, T. (2013). Understanding business statistics. John Wiley & Sons: Hoboken, NJ. ISBN 10: 1118145232
• George, B. (2018). Choosing the right kind of accreditation for a business school: A comparison between AACSB, ACBSP, and IACBE. Journal of Research in Higher Education, 2(2), 45-61. doi:10.24193/jrhe.2018.2.3
• Gignac, G. (2016). Mann-Whitney U Test – SPSS. Retrieved from https://www.youtube.com/watch?v=Qzg8J3MPXqU
• Guttenplan, D., (2011). Accrediting Business Schools - by Whose Rules. New York Times Online, Retrieved from http://www.nytimes.com /2011/06/27/world/europe/27iht-educLede27.html
• Hunt, S. C. (2015). Research on the value of AACSB business accreditation in selected areas: A review and synthesis. American Journal of Business Education (AJBE),8(1), 23-30. doi:10.19030/ajbe.v8i1.9014
• International Assembly for Collegiate Business Education (IACBE) Website. n.d. https://iacbe.org
• Julian, S. D., & Ofori-Dankwa, J. C. (2006). Is accreditation good for the strategic decision making of traditional business schools? Academy of
• Management Learning & Education, 5(2), 225–233. http://www.jstor.org/stable/40214370
• Mordkoff, T. (2016). The assumption(s) of normality. Retrieved from http://www2.psychology.uiowa.edu/faculty /mordkoff/GradStats/part%201/I.07%20normal.pdf
• Scroggins, B., Clark, L., Louise, J., & Fielding, B. (2018). A regional business school’s approach to demonstrating and documenting engagement, innovation, and impact under the 2013 AACSB international accreditation standards. Journal of Academic Administration in Higher Education, v14(1), 45-58.
• Skikne, C. (2019). AACSB Accredited Business Schools—Key Advantages. Business Because. Retrieved from: https:// www.businessbecause.com/news/mba-degree/6342/aacsb-accredited-business-schools
• Statslectures. (2010). Retrieved from https://www.youtube.com/watch?v=nRAAAp1Bgnw
• U.S. News & World Report. (n.d.). Historically Black Colleges and Universities. Retrieved from https://premium.usnews.com/bestcolleges/rankings/hbcu?_mode=table