Whether you’re just starting to think about majoring in business when you start college or you’re halfway through your executive MBA program, you’re a part of the business school ecosystem. There is a lot of talk about business schools today, and the tone sways both positively and negatively.

Dan LeClair, vice president and chief strategy and innovation officer of AACSB International, the foremost accrediting body and membership association for business schools globally, recently addressed some of the common critiques in the media about business schools and what their value is today.

As a student, a learner, or just someone who wants to become a better business leader, here are three things you should know about business schools.