Congratulations to the following four institutions who have confirmed their records of global business education excellence:

Faculty of Business Administration, University of Economics

Indian Institute of Management Ahmedabad (IIMA)

School of Management, Zhejiang University

SKEMA Business School

Alfons Sauquet, Quality Services & EQUIS Director at EFMD said: “We would like to warmly congratulate all the schools for their successful completion of their EQUIS re-accreditation. EFMD is happy to support the institutions on their road to excellence. Particularly in these challenging times, they are showing unprecedented levels of resilience, flexibility, and innovation in their modes of programme delivery and in their engagement with their stakeholders.”

The Faculty of Business Administration (FBA) has established itself as the best business school for domestic students in Czechia, and thrives in a favourable environment much sought after by global businesses. It is also very attractive to students from neighbouring countries as well as international students. Its institutional status in the Central and Eastern European region as well as its connection to the world of practice are clearly of above average standards.

“The Faculty of Business Administration VŠE confirmed again that it belongs to the world elite. At these difficult times, EQUIS re-accreditation is great news, which has encouraged us all. I would like to thank all my colleagues, students, graduates, and partners. They constitute the School, and therefore it is our common success,” says the Dean of the School, Ivan Nový.

The Indian Institute of Management Ahmedabad enjoys a very high reputation in general in the national and the regional markets. Its connections with practice are another great asset of IIMA. The depth of expertise and engagement from the world of practice on the Board of Governors is impressive and the School’s engagement with the broader world of practice is also strong. The Institute has a high quality of students and faculty and its activities make a considerable impact on its organisational and societal stakeholders .

“We express our gratitude to the EQUIS Peer Review Team and Accreditation Board. We have gained immensely from the assessment of the standards we have achieved and the clarity of the guidance and proposals offered regarding improvement of the capability of the institute so as to continue to serve the best interests of the profession, students, and practitioners,” said Errol D’Souza, Director, Indian Institute of Management Ahmedabad.

School of Management, Zhejiang University operates in a context which offers many opportunities to grow and innovate, and these have helped to make it one of the most reputed schools in China. The institution excels with its distinctive expertise in innovation and entrepreneurship both in research and teaching. Moreover, the School has been able to take advantage of its rich entrepreneurial links. It has built up a large network of companies to collaborate with, and these partners participate in the programmes, as well as offering jobs and internships to students and themselves becoming clients of the Executive Education programme portfolio.

SKEMA Business School is a dynamic, forward-looking business school with a strong culture of collegiality and solid internal and external governance structures. The establishment, development and consolidation of the School’s global campus structure in combination with a uniform programme structure constitute clear evidence of the uniquely distinctive excellence of SKEMA.

EQUIS accreditation ensures a rigorous quality improvement process, benchmarking the school against international standards in terms of governance, programmes, students, faculty, research, and foremost, internationalisation, ethics, responsibility and sustainability, as well as connections with practice. There are currently no substitutes for such an in-depth assessment of quality and all the schools should be commended for their commitment to excellence.

There are currently 190 EQUIS accredited schools across 45 countries globally. More information is available on efmdglobal.org/equis.

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