In AACSB’s 2020 business accreditation standards, microcredentials are defined as certifications granted by assessed mastery of a specialized competency. Such credentials may sometimes be “stackable,” or combined to collectively satisfy the requirements of a degree program.
This briefing paper is intended to provide a high-level overview of microcredentials, their place within the lifelong learning and business education ecosystem, and the opportunities they can unleash for business schools in creating deeper connections with business.
This study is just one part of the growing conversation around the role of microcredentials in business and lifelong learning.
The survey results were gathered from the 2021 Future of Microcredentialing survey, which was conducted online by the research department of CMSWire. Key findings from this report support AACSB’s perspective that microcredentials are highly valued—especially as they coexist with degree-based learning.