EFMD Quality Improvement System

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 172 institutions in 41 countries around the world.[2]

Scope of business school accreditation for AACSB, EQUIS and AMBA
Number of schools with single, double and triple (AACSB-AMBA-EQUIS) accreditation outside North America

History

EQUIS' directors as of 2018 are Ulrich Hommel and David Asch.[3] In the past 20 years of existence the organization has accredited 172 institutions in 41 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

Notes and references

  1. ↑ "EQUIS European Quality Improvement System" (PDF). http://fph.vse.cz. Archived from the original (PDF) on 2014-07-14. External link in |journal= (help)
  2. 1 2 "EQUIS Accredited Schools". Retrieved February 17, 2017.
  3. ↑ "European Quality Improvement System (EQUIS)". http://www.efmd.org/what-is-efmd/whos-who. External link in |journal= (help)
  4. ↑ "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.
  5. ↑ "???". http://mba-news.net. 5 February 2014. Archived from the original on 11 July 2014. External link in |journal= (help)
  6. ↑ "European Quality Improvement System (EQUIS)" (PDF). 18 November 2014.


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