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The effect of international accreditations on students’ revealed preferences: Evidence from French Business schools

Author

Listed:
  • Julien Jacqmin

    (NEOMA - Neoma Business School)

  • Mathieu Lefebvre

    (AMSE - Aix-Marseille Sciences Economiques - EHESS - École des hautes études en sciences sociales - AMU - Aix Marseille Université - ECM - École Centrale de Marseille - CNRS - Centre National de la Recherche Scientifique)

Abstract

This paper evaluates how three different international accreditations for business schools (AACSB, EQUIS and AMBA) affect student preferences, expressed via enrollment decisions. Focusing on the French context, we build a relative preference indicator to compare schools using data collected by the central clearinghouse that allocates students to schools. We observe that all three accreditations positively and significantly influence students, but that the impact of the AACSB accreditation is larger than the other two accreditations. Having an AACSB accreditation is equivalent to moving up four places in rankings by L'étudiant magazine, whereas the impact of having EQUIS or AMBA is similar to moving up two places. We also find a sizeable "triple crown" effect, meaning that the three accreditations tend to complement each other. Our results are robust to different ways of assessing potential self-selection into accreditation.

Suggested Citation

  • Julien Jacqmin & Mathieu Lefebvre, 2021. "The effect of international accreditations on students’ revealed preferences: Evidence from French Business schools," Post-Print hal-03385016, HAL.
    • Handle: RePEc:hal:journl:hal-03385016
    DOI: 10.1016/j.econedurev.2021.102192
    Note: View the original document on HAL open archive server: https://amu.hal.science/hal-03385016
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    Cited by:

    1. Justin Callais & Kerianne Lawson, 2025. "Impact of R1 classification on universities," Applied Economics, Taylor & Francis Journals, vol. 57(32), pages 4818-4830, July.
    2. Marisa Cameron & Bryan C. McCannon & Katherine Starr, 2023. "AACSB accreditation and student demand," Southern Economic Journal, John Wiley & Sons, vol. 90(2), pages 317-340, October.
    3. Vincent Iehlé & Julien Jacqmin, 2023. "SIGEM : analyse de la procédure d’affectation dans les grandes écoles de management," Revue économique, Presses de Sciences-Po, vol. 74(2), pages 139-168.
    4. Hasna Balaj Albaroudi & Anas Ibrahim Altuwaijri & Mohammad Nasir Albagieh & Shahzaf Iqbal, 2025. "Unlocking university performance: the role of staff commitment and accreditation effectiveness in Saudi universities," Humanities and Social Sciences Communications, Palgrave Macmillan, vol. 12(1), pages 1-14, December.

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    Keywords

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    JEL classification:

    • D12 - Microeconomics - - Household Behavior - - - Consumer Economics: Empirical Analysis
    • I23 - Health, Education, and Welfare - - Education - - - Higher Education; Research Institutions
    • L15 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Information and Product Quality

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