Transfer from two-year colleges to senior institutions with a business administration major has become increasingly difficult in recent years. One of the prime impediments to smooth articulation has been the accreditation standards of the American Assembly of Collegiate Schools of Business (AACSB). The AACSB assumes that specific conditions and resource levels ensure institutional quality, though there are no empirical grounds for this assumption. Examples of some of the specific conditions which are said to produce quality include the following: (1) the school should clearly state its mission and be evaluated on the basis of it; (2) a specified number of faculty must hold doctorates; (3) the school should have a "critical mass" of faculty; (4) the full-time equivalent (FTE) faculty must not be less one FTE per 400 student credit hours taught per term for the undergraduate program; (5) the full-time faculty must be at least 75% of the FTE required; (6) faculty members should not teach more than 12 credit hours per week, have more than three preparations per week, nor teach in more than two fields; and (7) an undergraduate school of business should concentrate its professional courses in the last 2 years of a 4-year program and should only offer a limited amount of work below the junior year. This paper analyzes each of these criteria, and concludes that the restrictive prescriptions which hinder transfer are ultimately based on accreditation standards which hardly ensure student attainment and neither specify nor verify outcomes. (EJV)