The EFMD Quality Improvement System (EQUIS) is a 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 189 institutions in 45 countries around the world.[2]
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History
EQUIS' directors as of 2018 are Ulrich Hommel and David Asch.[3] 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.[4]So far, all fully accredited EQUIS business schools applying for AACSB accreditation have succeeded, which has not been the case the other way.[5]
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).[6]
See also
- Association of MBAs (AMBA)
- Association to Advance Collegiate Schools of Business (AACSB)
- List of EQUIS accredited institutions
- Triple accreditation
Notes and references
- ^ "EQUIS European Quality Improvement System" (PDF). fph.vse.cz. Archived from the original (PDF) on 2014-07-14.
- ^ a b "EQUIS Accredited Schools". Archived from the original on February 27, 2017. Retrieved February 17, 2017.
- ^ "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.
- ^ "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.
- ^ "???". mba-news.net. 5 February 2014. Archived from the original on 11 July 2014.
- ^ "European Quality Improvement System (EQUIS)" (PDF). 18 November 2014.