The authors explored differences between salaries and productivity of business faculty in Association to Advance Collegiate Schools of Business (AACSB)-accredited business programs and those without AACSB accreditation. Empirical evidence is scarce regarding these differences, yet understanding the impact of AACSB accreditation on salaries and productivity is important when university administrators assess the costs and benefits of AACSB accreditation. The authors found that faculty in accredited business schools are paid more, publish more, and teach less than their peers at nonaccredited schools. These differences exist between faculty who are otherwise similar, and are not simply due to nonrandom selection of faculty into accredited and nonaccredited institutions. (Contains 4 tables and 12 notes.)