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THE IMPACT OF THE AACSB ACCREDITATION ON ENROLLMENT GROWTH AT HBCU (HISTORICALLY BLACK COLLEGES AND UNIVERSITIES) BUSINESS SCHOOLS

Year 2018, Volume: 5 Issue: 2, 130 - 141, 14.07.2018
https://doi.org/10.17261/Pressacademia.2018.832

Abstract

Purpose- Most research on the benefits of the AACSB accreditation has been focused on financially well-off and research-based

institutions. Consequently, there is limited literature on the AACSB accreditation with regard to HBCUs. Over the years, general decline in

Business School enrollment, and the heavy reliance of HBCUs on tuition revenue have made enrollment an increasingly important

determinant of their survival. In this article, we investigate whether the AACSB accreditation yields greater enrollment growth at HBCU

Business Schools and explore alternative business school accreditations.

Methodology- This study is based on quantitative methods wherein we collected data from secondary sources and used statistical models

to test our hypotheses.

Findings- Our results show that the AACSB accreditation does not lead to greater enrollment growth at HBCU Business Schools.

Conclusion- We suggest that HBCUs should not base their decision to pursue the AACSB accreditation on the expectation of greater

enrollment growth, but on other factors; and should consider the ACBSP and IACBE as viable options.

References

  • AACSB Accreditation Standards. (2018). AACSB.edu. Retrieved on March 7, 2018, from https://www.aacsb.edu/accreditation/standards/
  • ACBSP Accreditation. (2018). ACBSP.org. Retrieved on March 5, 2018, from https://www.acbsp.org/page/accreditation? About the IACBE (2018). The International Accreditation Council for Business Education (IACBE) website. Retrieved on March 21, 2018, from http://iacbe.org/about-page/
  • Ashford University Staff (2014). Business School Accreditation—What’s the Difference? Retreived on March 4, 2018, from https://www.ashford.edu/blog/online-learning/business-school-accreditation-whats-the-difference
  • Business School (2018). BusinessDictionary.com. Retreived on March 2, 2018, from http://www.businessdictionary.com/definition/business-school.html
  • CHEA and USDE-Recognized Accrediting Organizations (2018, April). Council for Higher Education Accreditation. Retreived on March 14, 2018, from https://www.chea.org/userfiles/Recognition/CHEA_USDE_AllAccred.pdf
  • Credle, S.H., Maheshwari, S., & Pridgen, J. (2010, Spring/ Summer). An Alternative Ranking Methodogology of the Best Colleges and Universities for Africian-Americans. The Journal of Business and Finance Research. Vol. 2, Issue 1, p. 51-69.
  • Fast Facts – Historically Black Colleges and Universities (2018). National Center for Education Statistics. Retreived on March 8, 2018, from https://nces.ed.gov/fastfacts/display.asp?id=667
  • From MBA to CEO, where do chief executives of companies in the FT 500 go to business schools? (2018) Financial Times Online Retreived on March 7, 2018, from https://ig.ft.com/sites/mba-to-ceo/
  • Gasman, M. (2009). Historically Black Colleges and Universities in a Time of Economic Crisis.Academe, Retrieved from http://repository.upenn.edu/gse_pubs/349
  • Gee, K (2017, September 17). MBA Applications Decline for Third Year in a Row. The Wall Street Journal Online.
  • Guttenplan, D. D., (2011). Accrediting Business Schools - by Whose Rules. New York Times Online, Retrieved on March 7, 2018, from http://www.nytimes.com/2011/06/27/world/europe/27iht-educLede27.html
  • HBCU Schools Offering Business Program – Top 50 (2017). HBCU Colleges.com. Retrieved on March 8, 2018, from http://hbcu-colleges.com/business
  • Hedrick, D. W., Henson, S. E., Krieg, & J. M. (2010).The Effects of AACSB Accreditation on Faculty Salaries and Productivity. Journal of Education for Business, 85: 284–291.
  • Henninger, E. (2000). Expanding American Collegiate Business School and Program Accreditation: Adding Value or Confusion. Academy of Educational Leadership Journal, Vol. 4, Number 2.
  • Historically Black Colleges and Universities: Recent Trends. (2006, November). American Association of University Professors.org. Retrieved on February 22, 2018, from https://www.aaup.org/report/historically-black-colleges-and-universities-recent-trends IACBE: http://iacbe.org/accreditation.asp, Retrieved on March 7, 2018, from http://iacbe.org/accreditation-requirements-for-accreditation.asp
  • Importance of Accreditation (2018). Accrediting Council for Independent Colleges and Schools. Retrieved on March 8, 2018, from http://www.acics.org/students/content.aspx?id=4320
  • Johnson, M., Bruch, J., & Gill, B. (2015). Changes in Financial Aid and Student Enrollment at Historically Black Colleges and Universities after Tightening of the PLUS Credit Standards (REL 2015-082). Washington, DC: U.S. Department of Education, Institute of Education Sciences, National Center for Education Evaluation and Regional Assistance, Regional Educational Laboratory Mid-Atlantic. Retrieved on March 7, 2018, from https://files.eric.ed.gov/fulltext/ED555652.pdf
  • Kelsey, G. (2017, September 18). M.B.A. Applications Decline for Third Year in a Row. Wall Street Journal. Retrieved on March 7, 2018, from https://www.wsj.com/articles/m-b-a-applications-decline-for-third-year-in-a-row-1505727000
  • Kemelgor, B. H., Johnson, S.D. & Srinivasan, S. (2000). Forces Driving Organizational Change: A Business School Perspective, Journal of Education for Business 75 (3): 133–137.
  • Rafol, G. (2017, May 2). ACBSP Dues Increasing for the 2017-18 Membership Year [website post]. Retrieved on March 7, 2018, from https://www.acbsp.org/news/news.asp?id=343386&hhSearchTerms=%22dues%22
  • Roller, R.H., Andrews, B.K., & Bovee, S.L (2003). Specialized Accreditation of Business Schools: A Comparison of Alternative Costs, Benefits, and Motivations. Journal of Education for Business, Vol. 78 (4), p. 197-204.
  • Sciglimpaglia D., Medlin C., Toole H., & Whittenberg G., E. (2006). Business School Accreditation: A Survey of Australian Academics. Conference Presentation. Retrieved on March 8, 2018, from http://www.academia.edu/7660364/BUSINESS_SCHOOLS_ACCREDITATION_A_SURVEY_OF_AUSTRALIAN_ACADEMICS
  • Terhune, C. (2011). The Problems Some Business Schools Hide from Students. The Fiscal Times Online, Nov. 2, 2011, p. 1-2.
  • Understanding Accreditation (2018), College and Degrees.com. Retreived on March 11, from http://www.collegesanddegrees.com/accreditation
  • White House Initiative on Historically Black Colleges and Universities (2018). U.S. Department of Education website. Retrieved on March 8, 2018, from https://sites.ed.gov/whhbcu/one-hundred-and-five-historically-black-colleges-and-universities/
  • Whittenberg, G. E., Toole H., Sciglimpaglia D., & Medlin C. (2004). AACSB International Accreditation, An Australian Perspective. The Journal of Academic Higher Education, Spring-Fall 2006, p. 9-14.
Year 2018, Volume: 5 Issue: 2, 130 - 141, 14.07.2018
https://doi.org/10.17261/Pressacademia.2018.832

Abstract

References

  • AACSB Accreditation Standards. (2018). AACSB.edu. Retrieved on March 7, 2018, from https://www.aacsb.edu/accreditation/standards/
  • ACBSP Accreditation. (2018). ACBSP.org. Retrieved on March 5, 2018, from https://www.acbsp.org/page/accreditation? About the IACBE (2018). The International Accreditation Council for Business Education (IACBE) website. Retrieved on March 21, 2018, from http://iacbe.org/about-page/
  • Ashford University Staff (2014). Business School Accreditation—What’s the Difference? Retreived on March 4, 2018, from https://www.ashford.edu/blog/online-learning/business-school-accreditation-whats-the-difference
  • Business School (2018). BusinessDictionary.com. Retreived on March 2, 2018, from http://www.businessdictionary.com/definition/business-school.html
  • CHEA and USDE-Recognized Accrediting Organizations (2018, April). Council for Higher Education Accreditation. Retreived on March 14, 2018, from https://www.chea.org/userfiles/Recognition/CHEA_USDE_AllAccred.pdf
  • Credle, S.H., Maheshwari, S., & Pridgen, J. (2010, Spring/ Summer). An Alternative Ranking Methodogology of the Best Colleges and Universities for Africian-Americans. The Journal of Business and Finance Research. Vol. 2, Issue 1, p. 51-69.
  • Fast Facts – Historically Black Colleges and Universities (2018). National Center for Education Statistics. Retreived on March 8, 2018, from https://nces.ed.gov/fastfacts/display.asp?id=667
  • From MBA to CEO, where do chief executives of companies in the FT 500 go to business schools? (2018) Financial Times Online Retreived on March 7, 2018, from https://ig.ft.com/sites/mba-to-ceo/
  • Gasman, M. (2009). Historically Black Colleges and Universities in a Time of Economic Crisis.Academe, Retrieved from http://repository.upenn.edu/gse_pubs/349
  • Gee, K (2017, September 17). MBA Applications Decline for Third Year in a Row. The Wall Street Journal Online.
  • Guttenplan, D. D., (2011). Accrediting Business Schools - by Whose Rules. New York Times Online, Retrieved on March 7, 2018, from http://www.nytimes.com/2011/06/27/world/europe/27iht-educLede27.html
  • HBCU Schools Offering Business Program – Top 50 (2017). HBCU Colleges.com. Retrieved on March 8, 2018, from http://hbcu-colleges.com/business
  • Hedrick, D. W., Henson, S. E., Krieg, & J. M. (2010).The Effects of AACSB Accreditation on Faculty Salaries and Productivity. Journal of Education for Business, 85: 284–291.
  • Henninger, E. (2000). Expanding American Collegiate Business School and Program Accreditation: Adding Value or Confusion. Academy of Educational Leadership Journal, Vol. 4, Number 2.
  • Historically Black Colleges and Universities: Recent Trends. (2006, November). American Association of University Professors.org. Retrieved on February 22, 2018, from https://www.aaup.org/report/historically-black-colleges-and-universities-recent-trends IACBE: http://iacbe.org/accreditation.asp, Retrieved on March 7, 2018, from http://iacbe.org/accreditation-requirements-for-accreditation.asp
  • Importance of Accreditation (2018). Accrediting Council for Independent Colleges and Schools. Retrieved on March 8, 2018, from http://www.acics.org/students/content.aspx?id=4320
  • Johnson, M., Bruch, J., & Gill, B. (2015). Changes in Financial Aid and Student Enrollment at Historically Black Colleges and Universities after Tightening of the PLUS Credit Standards (REL 2015-082). Washington, DC: U.S. Department of Education, Institute of Education Sciences, National Center for Education Evaluation and Regional Assistance, Regional Educational Laboratory Mid-Atlantic. Retrieved on March 7, 2018, from https://files.eric.ed.gov/fulltext/ED555652.pdf
  • Kelsey, G. (2017, September 18). M.B.A. Applications Decline for Third Year in a Row. Wall Street Journal. Retrieved on March 7, 2018, from https://www.wsj.com/articles/m-b-a-applications-decline-for-third-year-in-a-row-1505727000
  • Kemelgor, B. H., Johnson, S.D. & Srinivasan, S. (2000). Forces Driving Organizational Change: A Business School Perspective, Journal of Education for Business 75 (3): 133–137.
  • Rafol, G. (2017, May 2). ACBSP Dues Increasing for the 2017-18 Membership Year [website post]. Retrieved on March 7, 2018, from https://www.acbsp.org/news/news.asp?id=343386&hhSearchTerms=%22dues%22
  • Roller, R.H., Andrews, B.K., & Bovee, S.L (2003). Specialized Accreditation of Business Schools: A Comparison of Alternative Costs, Benefits, and Motivations. Journal of Education for Business, Vol. 78 (4), p. 197-204.
  • Sciglimpaglia D., Medlin C., Toole H., & Whittenberg G., E. (2006). Business School Accreditation: A Survey of Australian Academics. Conference Presentation. Retrieved on March 8, 2018, from http://www.academia.edu/7660364/BUSINESS_SCHOOLS_ACCREDITATION_A_SURVEY_OF_AUSTRALIAN_ACADEMICS
  • Terhune, C. (2011). The Problems Some Business Schools Hide from Students. The Fiscal Times Online, Nov. 2, 2011, p. 1-2.
  • Understanding Accreditation (2018), College and Degrees.com. Retreived on March 11, from http://www.collegesanddegrees.com/accreditation
  • White House Initiative on Historically Black Colleges and Universities (2018). U.S. Department of Education website. Retrieved on March 8, 2018, from https://sites.ed.gov/whhbcu/one-hundred-and-five-historically-black-colleges-and-universities/
  • Whittenberg, G. E., Toole H., Sciglimpaglia D., & Medlin C. (2004). AACSB International Accreditation, An Australian Perspective. The Journal of Academic Higher Education, Spring-Fall 2006, p. 9-14.
There are 26 citations in total.

Details

Primary Language English
Journal Section Articles
Authors

Legima E. Doh This is me 0000-0003-3412-1022

Damian R. Prince This is me 0000-0003-2497-5905

Michael P. Mclain This is me 0000-0002-8697-3377

Sid Howard Credle This is me 0000-0002-6445-4680

Publication Date July 14, 2018
Published in Issue Year 2018 Volume: 5 Issue: 2

Cite

APA Doh, L. E., Prince, D. R., Mclain, M. P., 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, 5(2), 130-141. https://doi.org/10.17261/Pressacademia.2018.832
AMA Doh LE, Prince DR, Mclain MP, Credle SH. THE IMPACT OF THE AACSB ACCREDITATION ON ENROLLMENT GROWTH AT HBCU (HISTORICALLY BLACK COLLEGES AND UNIVERSITIES) BUSINESS SCHOOLS. RJBM. June 2018;5(2):130-141. doi:10.17261/Pressacademia.2018.832
Chicago Doh, Legima E., Damian R. Prince, Michael P. Mclain, and Sid Howard Credle. “THE IMPACT OF THE AACSB ACCREDITATION ON ENROLLMENT GROWTH AT HBCU (HISTORICALLY BLACK COLLEGES AND UNIVERSITIES) BUSINESS SCHOOLS”. Research Journal of Business and Management 5, no. 2 (June 2018): 130-41. https://doi.org/10.17261/Pressacademia.2018.832.
EndNote Doh LE, Prince DR, Mclain MP, Credle SH (June 1, 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 5 2 130–141.
IEEE L. E. Doh, D. R. Prince, M. P. Mclain, and S. H. Credle, “THE IMPACT OF THE AACSB ACCREDITATION ON ENROLLMENT GROWTH AT HBCU (HISTORICALLY BLACK COLLEGES AND UNIVERSITIES) BUSINESS SCHOOLS”, RJBM, vol. 5, no. 2, pp. 130–141, 2018, doi: 10.17261/Pressacademia.2018.832.
ISNAD Doh, Legima E. et al. “THE IMPACT OF THE AACSB ACCREDITATION ON ENROLLMENT GROWTH AT HBCU (HISTORICALLY BLACK COLLEGES AND UNIVERSITIES) BUSINESS SCHOOLS”. Research Journal of Business and Management 5/2 (June 2018), 130-141. https://doi.org/10.17261/Pressacademia.2018.832.
JAMA Doh LE, Prince DR, Mclain MP, Credle SH. THE IMPACT OF THE AACSB ACCREDITATION ON ENROLLMENT GROWTH AT HBCU (HISTORICALLY BLACK COLLEGES AND UNIVERSITIES) BUSINESS SCHOOLS. RJBM. 2018;5:130–141.
MLA Doh, Legima E. et al. “THE IMPACT OF THE AACSB ACCREDITATION ON ENROLLMENT GROWTH AT HBCU (HISTORICALLY BLACK COLLEGES AND UNIVERSITIES) BUSINESS SCHOOLS”. Research Journal of Business and Management, vol. 5, no. 2, 2018, pp. 130-41, doi:10.17261/Pressacademia.2018.832.
Vancouver Doh LE, Prince DR, Mclain MP, Credle SH. THE IMPACT OF THE AACSB ACCREDITATION ON ENROLLMENT GROWTH AT HBCU (HISTORICALLY BLACK COLLEGES AND UNIVERSITIES) BUSINESS SCHOOLS. RJBM. 2018;5(2):130-41.

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