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Accreditation of Business School: How Much Important?

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Accreditation of Business School: How Much Important? [#permalink] New post 21 Feb 2011, 10:08
I am looking for pursuing an MBA in a renowned/prestigious B-school. I understand, one needs to analyze so many variables when selecting/choosing a B-school that matches the person's ambition and personality.

But, while choosing a good B-school, I am also concerned about its ACCREDITATION by AACSB, EQUIS, or AMBA. Am I doing something really silly? Because some of my fellow friends say that, as long as a school is a match for you and is ranked in a widely-accepted B-School ranking, you never have to bother about accreditation. They mostly cite one name Schulich:York along with (sometimes) Melbourne BS.

My point is here, if accreditation doesn't play that much role in selecting a B-school, then why it is for?
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