What is the difference between an ACBSP member institution and an ACBSP accredited institution?
Member institutions have paid their annual dues and are eligible for assistance in obtaining accreditation. Accreditation is a process established to ensure public protection of and instill public confidence in collegiate professional business schools and programs. In the United States, accreditation is voluntarily sought by institutions and is conferred by nongovernmental bodies. It is of two types: (1) Institutional and (2) Specialized. Institutional accreditation involves an evaluation of the entire institution and is usually provided by regional accreditation associations. In contrast, specialized accreditation involves the evaluation of particular units, schools or programs within an institution. The specialized function of ACBSP focuses on business schools and programs within colleges and universities that have already received institutional accreditation. II. What is the status of an institution that is a “Candidate” for Accreditation? An institution with “Candidacy Status” has
