The European Foundation for Management Development (EFMD) is an international not-for-profit association based in

Brussels Brussels, officially the Brussels-Capital Region, (All text and all but one graphic show the English name as Brussels-Capital Region.) is a Communities, regions and language areas of Belgium#Regions, region of Belgium comprising #Municipalit ...

. Europe's largest network association in the field of management development, it has over 890 member organizations from

academia An academy (Attic Greek: Ἀκαδήμεια; Koine Greek Ἀκαδημία) is an institution of tertiary education. The name traces back to Plato's school of philosophy, founded approximately 386 BC at Akademia, a sanctuary of Athena, the go ...

, business, public service and consultancy in 88 countries (as of September 2017). EFMD provides a forum for networking in management development. EFMD operates the EFMD Quality Improvement System (

EQUIS 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 Fou ...

), which is one of the leading international systems of quality assessment, improvement, and accreditation of higher education institutions in management and business administration. It is comparable to its American equivalent

Association to Advance Collegiate Schools of Business The Association to Advance Collegiate Schools of Business (AACSB) is an American professional and accreditation organization. It was founded as the American Assembly of Collegiate Schools of Business in 1916 to provide accreditation to busines ...

and provides a forum for information, research, networking and debate on innovation and best practice in management development. The foundation also runs the EFMD Programme Accreditation System (EPAS) for programmes as well as the EFMD Deans Across Frontiers development programme (EDAF) and the Business School Impact System (BSIS).

Types of accreditation

While the

accreditation process, which is valid for an entire school (or faculty), is the main type of accreditation EFMD offers, there are a variety of other accreditations available. With EPAS it is possible for business schools to have certain degree programs accredited rather than the entire school. This variant somewhat resembles the AMBA (

Association of MBAs The Association of MBAs (AMBA) is a global organisation headquartered in London, UK. It was founded in 1967 with the primary objective of accrediting Master of Business Administration (MBA) programs. Roles Based in London, AMBA is one of t ...

) accreditation, as the London-based Association accredits the school's entire portfolio of

MBA A Master of Business Administration (MBA) is a professional degree focused on business administration. The core courses in an MBA program cover various areas of business administration; elective courses may allow further study in a particular a ...

programs, but does not accredit the entire business school. EFMD also offers an accreditation for online courses (EOCCS) and for corporate learning (CLIP).

EFMD activities

EFMD is the European partner in the China Europe International Business School ( CEIBS), a joint venture with Shanghai Jiaotong University established as the first international business school in

China China, officially the People's Republic of China (PRC), is a country in East Asia. With population of China, a population exceeding 1.4 billion, it is the list of countries by population (United Nations), second-most populous country after ...

with autonomous status in 1994, under an agreement between the

European Commission The European Commission (EC) is the primary Executive (government), executive arm of the European Union (EU). It operates as a cabinet government, with a number of European Commissioner, members of the Commission (directorial system, informall ...

and the Chinese Ministry of Foreign Trade and Economic Cooperation. EFMD is also founding partner of the Global Foundation for Management Education (GFME), which is a joint venture with the US-based Association to Advance Collegiate Schools of Business (

AACSB The Association to Advance Collegiate Schools of Business (AACSB) is an American professional and accreditation organization. It was founded as the American Assembly of Collegiate Schools of Business in 1916 to provide accreditation to business ...

International). EFMD organizes conferences and seminars around the world for management development industry and published th
Global Focus magazine

References

External links

official website
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