Issue 3, 2013

Baranov I. N. Ripak K. A. International Accreditation and Competition in Business Education.

This article considers the interrelation of a school’s competitive strategy and its strategy towards achieving institutional and program accreditations. Based on study of schools’ behavior operating both in developed countries, as well as in developing markets, authors assess potential benefits and costs related to achieving international accreditations. It is shown that accreditations carry out an important signalling role about quality of school’s programs and act as key component of differentiation strategy in national business education markets. Keywords: accreditations, business education, competitive strategy, business school.

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