The study on influence of underfunding and poor management on the accreditation of business education programmes in public universities and colleges of education in South East, Nigeria was necessitated by the need to ensure that the programmes meet the minimum academic standards in order to achieve its objectives. Two research questions and two null hypotheses guided the study. Descriptive survey research design was adopted and area of the study was delimited to South-East, Nigeria. The population consisted of 197 business educators in 13 federal and state universities and colleges of education in South- East, Nigeria. No sample and sampling techniques was adopted because the population size is manageable for the researchers. The instrument was validated by four experts. Cronbach alpha was used to determine the internal consistency of the instrument, and an overall reliability coefficient of 0.90 was obtained. The t-test was used to test the null hypotheses at 0.05 level of significance. The findings of the study revealed that under-funding and poor management affected accreditation of business education programmes to a high extent. Business educators from universities do not differ significantly from their counterparts in colleges of education in their mean ratings on the influence under-funding and poor management on the accreditation of business education programmes in South-East, Nigeria. Based on the findings, it was concluded that under-funding and poor management affected accreditation of business education programmes for quality assurance in university and college of education. It was, therefore recommended; among others that, government should adequately fund universities and colleges of education to enable institutional administrators provide the necessary physical, human and material resources for the enhancement of quality business education programmes in university and college of education in Nigeria while waiting for accreditation.