In recent years, the competitive environment for business education has been rapidly changing. Although 1st-tier schools and colleges of business generally resolved accreditation issues long ago, other institutions are increasingly considering specialized accreditation as a strategic tool in the competition for students and institutional prestige. In this article, the authors examine the roots of this trend and propose possible implications in terms of accreditation, faculty, and funding for regional state universities and smaller institutions maintaining affiliation with churches or other religious organizations. The authors suggest several key considerations for decision makers, including the possibility that some institutions will be unable to continue to offer studies in business education.