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The EFMD Quality Improvement System (EQUIS) is a business school accreditation managed by
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 ...
based EFMD. It provides accreditation for higher education institutions of
management Management (or managing) is the administration of organizations, whether businesses, nonprofit organizations, or a Government agency, government bodies through business administration, Nonprofit studies, nonprofit management, or the political s ...
and
business administration Business administration is the administration of a commercial enterprise. It includes all aspects of overseeing and supervising the business operations of an organization. Overview The administration of a business includes the performance o ...
and is run by the European Foundation for Management Development. It is considered as one of the
triple accreditation Triple accreditation (also known as the triple crown) refers to a business school being accredited by all three leading international accreditation organizations: the Association to Advance Collegiate Schools of Business (AACSB) in the US, the ...
. EQUIS has accredited 210 institutions in 45 countries around the world. In 2022, Equis suspended all higher education institutions in Russia from its ranking.


History

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


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. As of 2014, all fully accredited EQUIS business schools applying for AACSB accreditation have succeeded, which has not been the case the other way. 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).


See also

* Association of MBAs (AMBA) * Association to Advance Collegiate Schools of Business (AACSB) * List of EQUIS accredited institutions *
Triple accreditation Triple accreditation (also known as the triple crown) refers to a business school being accredited by all three leading international accreditation organizations: the Association to Advance Collegiate Schools of Business (AACSB) in the US, the ...


Notes and references


External links

* School accreditors {{edu-org-stub