1. Read Why international accreditation matters http://www.find-mba.com/board/41224
2. It will with firms that hire a lot of MBAs from world-class schools, but not with others.
3. Accredited schools are, on average, much better than unaccredited schools on the variables that the accreditation agencies look for. Some accredited schools are better than other accredited schools.

[quote]
1) How does it make a difference with employment /do organizations really consider these three accreditations over local programmes ?[/quote]
An employer won't ask to see accreditations, but it's more likely they'll be aware of the accredited schools than the non-accredited schools. And they're more likely to have a recruiting relationship with the accredited schools as well.
[quote]2) If I am not able to learn German by the end of the programme ,its rare that I will land a job in Germany .Will this accreditation give me an edge (obviously my profile has to be good) getting a job in my home country?[/quote]
Yes, usually an accredited school will have a wider reach. But of course, this will vary: if you do your MBA at a top-tier ranked school like Harvard, you'll obviously have a better chance of landing a job, anywhere, than if you did your MBA from an unranked but accredited program.
[quote]3) I know that the education quality standards would be good but is it the case with every accredited school ?[/quote]
That's exactly what accreditation does: it ensures quality standards.

Thank you very much Duncan and Razors for your valuable reply .
So its always better to go to an accredited school ...

Yes, for students who are concerned about the relative value of the degree and experience as an asset then an accredited school will always be better than an unaccredited school.

It is a factor, but clearly not the only factor. If you are interested in this topic, perhaps you might care to do a search on this site along with various other relevant web resources and see how this is evaluated from different perspectives.
Regards,

I have a question... How is ACBSP accreditation looked upon? I have discovered many American business schools that have this accreditation, is it mainly a U.S. thing?

That's not taken very seriously. Broadly speaking, I'd say that ACBSP accreditation is a sign that the school is unable to get AACSB accreditation. None of the top 100 or so schools have ACBSP accreditation.

Thanks for the clarification.

I would say do not look at accreditation .. rather have your future objectives clear .. there are so many factors which may directly or indirectly take you to your destination. Lets say there are different modes of transport ,, air travel . train service and bus service.. If you want to optimize your costs with outcome ... a bus service cant give you the things what air travel gives ( time efficiency and comfort) even if they are accredited. Accreditation process ensures . some kind of quality service e.g. infrastructure program structure , faculty student ratio etc .. however these do not guarantee enhancement in student capabilities. In any kind of MBA course.. once you pass out ,, a very good brand name may give you a launch pad ( which is otherwise possible with networking and development of skills which is in high demand in the market ) but afterwards ( in 2 years) the most important things is what you have learned on the job.. and how you manage your capabilities and add values to the organization's objectives , you are working for.

That is a mistaken comparison. I can take the bus to Paris, or I can fly. The first is cheap and uncomfortable, and the plane is fast and comfortable. However, they are both assured to get me to Paris more or less on time. However, an unaccredited MBA leads to not only different outcomes from an accredited one, but also to worse one.

[quote]That is a mistaken comparison. I can take the bus to Paris, or I can fly. The first is cheap and uncomfortable, and the plane is fast and comfortable. However, they are both assured to get me to Paris more or less on time. However, an unaccredited MBA leads to not only different outcomes from an accredited one, but also to worse one. [/quote]

Over-generalization. Professional accreditation, which is pursued voluntarily, can not and clearly does not account for all the variation between the qualities of various business schools. Other factors such as the country, region, specialization, institutional recognition/accreditation, facilities and capabilities of the institution as a whole, various rankings, etc. are some other factors that come to my mind just in a moment. Nor can it be the sole factor for all the potential applicants regardless of their different goals, backgrounds, experience levels, home countries, industries, etc. My simplest advice to any potential applicant seeking any graduate level academic qualification would be to be able to explore matters from different perspectives, depending on and questioning various assumptions.

That's interesting, but it's neither the point you made, nor does it address my reply. You made the analogy with different modes travel, and I made a point about why different MBAs are not simply different forms of the same thing.

If you ever find someone you says that "different goals, backgrounds, experience levels, home countries, industries" do not matter, then feel free to that that discussion with them.

As I wrote before. Accreditation gives you a feel of safe investment in MBA , but can be misleading also. For every person goals are different. When students choose MBA its not like buying a retail commodity. They consider several factors . There are good business schools without accreditation. They have so well developed over a period of time and also enriched with facility and alumni base etc that they dont need the accreditation label. Schools with accreditation like A , B or C . are not representative of Quality. They are qualitative on certain terms. which the student himself has to find out or take help of a proper analysis or an expert who can help in understanding if the program can be a good fit for him. A bio label on a food item doesnt ensure healthy living. but yes it can add certain filters and guided production.

What I think from the above replies and other research ;is that while selecting a B-school one should not only consider international accreditations but also the ultimate goals one aspires to achieve after completion of goals .Definitely internationally accredited school can assure good quality and these accreditations can be indicators to international students who do not have access to local situations in any country.

There's a strong correlation factor here as well. If a business school has the time and the money to commit to international accreditation, then it's more likely going to have the resources to help students by supporting their job searches, etc.

Of course, there are unaccredited business schools that might have these resources as well, but it takes a highly critical eye to really know when a b-school isn't just bullshitting. That's why international accreditation is such a good filter: it really assures a minimum level of quality.