EFMD Quality Improvement System

"EQUIS" redirects here. For other uses, see Equis.
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 a business school accreditation managed by Brussels based EFMD. It provides accreditation for higher education institutions of management and business administration and is run by the European Foundation for Management Development.[1] It is considered as one of the triple accreditation.

EQUIS has accredited 210 institutions in 45 countries around the world.[2] In 2022, Equis suspended all higher education institutions in Russia 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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