The implementation of Bachelor and Master legally valid throughout Europe (but also in the U.S.) is reserved exclusively for State universities or officially recognized (recognized by the Ministry of Education). No other form of accreditation or recognition is provided for "Bachelor" and "Master" made by private entities (schools, academies, etc.), and no "accreditation" by private agencies, associations, consortia, and soon has legal value. In practice there is no means of legally valid for accrediting private schools, by anyone. Private schools can only be credited (in Italy, for example) by the Regions Authorities belonging to the realization of training courses at various levels, and LAO was the first to be accredited, many years ago ....
Although private schools may use terminology that can lead to confusion, promoting the realization of "Bachelor and Master", these courses are not recognized by any University and can not be considered valid academic qualifications. The "credits" are not spendable in any University, for job research,etcetera.
There is a dense network of "accrediting agencies" throughout the world, offering to schools and private academies to invest no small budget to get a «creditation» for courses and Master, and unfortunately many schools, eager to boast of any title, fall for it. Note that the '"accreditation" is issued by the agencies themselves, and this should already make people understand the seriousness of the thing: in practice, they sells a creditation that it turns out not to be legally valid .... a real big business.
It should also be aware that, unfortunately, no law prohibits to any school of writing in its programs and promotional material that conducts programs for Bachelor and Master, so who really cares and wants to throw dust in the eyes of its students, is free to do so, even without false creditation ....
EUROPE: ENQA, the European Association of Quality
Assurance in Higher Education, www.enqa.eu
ENIC-NARIC (ITALY) http://www.enic-naric.net/index.aspx?c=Italy,
Quality Assurance Agency for Higher Education (QAA), www.qaa.ac.uk
Ständige Kultusminister Konferenz der Länder (KMK), www.kmk.org