European Quality Improvement System

European Quality Improvement System

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Encyclopedia
The European Quality Improvement System (or EQUIS) is a school accreditation system. It specializes in higher education institutions of management
Management
Management in all business and organizational activities is the act of getting people together to accomplish desired goals and objectives using available resources efficiently and effectively...

 and business administration, run by the European Foundation for Management Development
European Foundation for Management Development
The European Foundation for Management Development is an international membership organization, based in Brussels, Belgium. Europe's largest network association in the field of management development, it has over 700 member organizations from academia, business, public service and consultancy in...

 (EFMD). As of August 2010, EQUIS has accredited 127 business schools in 35 countries around the world.

History


EQUIS was created in 1998 under Gordon Shenton and the current director is Julio Urgel. In the past twelve years of existence the organization has accredited 130 institutions in 38 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
Association of MBAs
The Association of MBAs is a London-based international organization that accredits postgraduate business programs at business schools worldwide. The Association is one of the three main global accreditation bodies in business education and styles itself "the world's impartial authority on...

. In this respect EQUIS accreditation is more demanding than AACSB
Association to Advance Collegiate Schools of Business
The Association to Advance Collegiate Schools of Business was founded in 1916 to accredit schools of business worldwide. The first accreditations took place in 1919. The stated mission is to advance quality management education worldwide through accreditation and thought leadership. It is regarded...

—so far 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 conditionally for three years (with annual progress reports required) or unconditionally for five years.

See also

  • List of EQUIS accredited institutions
  • Triple accreditation
    Triple accreditation
    Triple Accreditation is the accreditation awarded to 55 business schools worldwide by the three largest and most influential business school accreditation associations:...

  • Association of MBAs
    Association of MBAs
    The Association of MBAs is a London-based international organization that accredits postgraduate business programs at business schools worldwide. The Association is one of the three main global accreditation bodies in business education and styles itself "the world's impartial authority on...

     (AMBA)
  • Association to Advance Collegiate Schools of Business
    Association to Advance Collegiate Schools of Business
    The Association to Advance Collegiate Schools of Business was founded in 1916 to accredit schools of business worldwide. The first accreditations took place in 1919. The stated mission is to advance quality management education worldwide through accreditation and thought leadership. It is regarded...

     (AACSB)
  • International Assembly for Collegiate Business Education
    International Assembly for Collegiate Business Education
    The International Assembly for Collegiate Business Education is an educational accreditation agency for college and university business programs...

     (IACBE)
  • Accreditation Council for Business Schools and Programs (ACBSP)