Blog

The financial crisis that hit the whole world

and caused some leading organizations to close a few years ago was indubitably the worst crisis after the Great Depression.   Businesses faced foreclosures, people got fired from their jobs, investment stalled, and the whole economic outlook seemed bleak. Although all spheres of life suffered badly, only one field of endeavor remained impervious to it: education. In fact, education not only withstood the financial turmoil but also saw an overwhelming increase in demand, as today’s competitive global market requires highly qualified and talented people. Unlike in the past, today employers opt to hire people with the right set of skills and advanced degrees in their respective fields.

Universal Accreditation Organization (UAO), a world-renowned accreditation body has effectively served education, granting accreditation to many educational institutes that have met its stringent criteria. The fierce competition in virtually every field of human endeavor, in the aftermath of the crippling financial meltdown, has prompted people to enhance their academic profile. Unsurprisingly, a surge in online institutes has also been witnessed, with many of them providing students flexible degree programs at exceedingly reasonable fees. A large number of people have enrolled at various online institutes in order to effectively face the challenges of today’s fiercely competitive business environment which no longer entertains under-qualified and inexperienced individuals. Companies too have become quite picky and give priority to the candidates with the right credentials and sets of skills.

That education has eluded any setback even in one of the worst financial crises in living memory goes to show its increasing importance among a wide body of students including professionals and students. Though the demand for education is huge and more and more institutions are looking to gain UAO accreditation, Universal Accreditation Organization (UAO) has maintained its unblemished image and does not offer its accreditation or membership to every educational institute.  A lot of institutions that have earned UAO’s accreditation and membership are enjoying global recognition and their graduates are working at leadership positions with the world’s leading top organizations.