The logo of the EQUIS
Number of schools worldwide with single, double, and triple AACSB-AMBA-EQUIS accreditation as of 2023
The scope of business school accreditations for AACSB, EQUIS and AMBA

The EFMD Quality Improvement System (EQUIS) is an international school accreditation system. It specializes in higher education institutions of management and business administration, run by the European Foundation for Management Development (EFMD).[1]

EQUIS has accredited 210 institutions in 45 countries around the world.[2] In 2022, Equis suspended all the Russian institutions from its ranking.[3]

History

EQUIS' directors in 2018 were Ulrich Hommel and David Asch.[4] As of 2022, the EQUIS director is Alfons Sauquet.[5] In the past 20 years of existence, the organization has accredited 189 institutions in 45 countries.[2]

Object of the accreditation

The accreditation is awarded to business schools based on general quality. The process also takes into account the business school's level of internationalization, which is not a strict requirement for accreditation by the other two major international accreditation bodies: AACSB and AMBA.[6] As of 2014, all fully accredited EQUIS business schools applying for AACSB accreditation have succeeded, which has not been the case the other way.[7]

EQUIS accreditation can be granted for three years (with annual progress reports on the areas of improvement required) or for five years (with a mid-term progress report on development objectives required).[8]

See also

Notes and references

  1. ^ "EQUIS European Quality Improvement System" (PDF). FPH.vse.cz. Archived from the original (PDF) on 2014-07-14.
  2. ^ a b "EQUIS Accredited Schools". Archived from the original on February 27, 2017. Retrieved February 17, 2017.
  3. ^ "EQUIS Accredited Schools - EFMD Global". 2018-09-20. Retrieved 2022-09-13.
  4. ^ "European Quality Improvement System (EQUIS)". www.efmd.org/what-is-efmd/whos-who. Archived from the original on 2017-02-09. Retrieved 2014-11-18.
  5. ^ "EFMD Global Staff - EFMD Global". 24 June 2019.
  6. ^ "Andreas Kaplan: European Management and European Business Schools: Insights from the History of Business Schools". European Management Journal. 32: 529–534. doi:10.1016/j.emj.2014.03.006.
  7. ^ "???". Mba-news.net. 5 February 2014. Archived from the original on 11 July 2014.
  8. ^ "European Quality Improvement System (EQUIS)" (PDF). 18 November 2014. ((cite journal)): Cite journal requires |journal= (help)[permanent dead link]

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