ABSTRACT

The period from the late 1980s to the present day brought about many significant changes in business education. In the US, the university-based business schools and the MBA continued strong research orientation and the position of the US. Until the late 1990s, business school accreditation was an American institution absent elsewhere, mainly due to the more significant role that the state occupied in governing higher education. The first move in promoting accreditation outside the US came from the Association of Collegiate Schools of Business (AACSB), which had been in existence since 1916 as an association of US business schools and as an accrediting agency from the 1960s onwards. The emergence and rise of media rankings in the US have been variously attributed to an increasing interest in the MBA given its pervasiveness and the strengthening. Government interventions have had an important part to play in the promulgation of the business school and the MBA in various countries in Asia.