Accreditor Re-Ignites Debate Over Business-School Faculty Credentials

Who should teach the nation's business students: scholars with research doctorates, or M.B.A.'s who have worked in business but have little academic grounding?

A current accreditation standard that, in essence, calls for half of the faculty at business schools to hold Ph.D.'s has long been a point of contention. Now the debate is heating up again.

Last week, one of the two major business-school accreditors—the Association to Advance Collegiate Schools of Business

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