Warm congratulations to the following business schools for successfully completing the EQUIS re-accreditation process and proving their continued commitment to global excellence in business education.
- International Business School Suzhou (IBSS), Xi’an Jiaotong-Liverpool University, China
- INCAE Business School, Costa Rica
- Management School, University of Sheffield, United Kingdom
- The Open University Business School, United Kingdom
- Smith School of Business, Queen’s University, Canada
- College of Commerce, National Chengchi University, Chinese Taipei
- Lee Kong Chian School of Business, Singapore Management University, Singapore
- EADA Business School Barcelona, Spain
- Nottingham University Business School – United Kingdom – China – Malaysia, University of Nottingham, United Kingdom
Alfons Sauquet, Quality Services & EQUIS Director, congratulated all the re-accredited schools, which completed a fully online review process: ‘Congratulations to all institutions, whose adaptability and agility enabled them to pursue their strategic quality objectives in admittedly challenging societal times caused by the ongoing pandemic. We hope the EQUIS accreditation will positively impact the schools’ development for continuous pursuit of excellence in the future.’
Comments from our deans on their school’s achievement:
Dean Jorg Bley of International Business School Suzhou commented, ‘We are thrilled to have been awarded EQUIS accreditation for a further three years, with this re-accreditation serving as a testament to the incredible progress IBSS has achieved since 2018. On behalf of IBSS, I would like to express my gratitude for the invaluable guidance and recommendations provided over the course of the virtual visit by our EQUIS Peer Review Team, particularly PRT Chair Professor Tim Brailsford. Furthermore, I would like to take this opportunity to thank all of my colleagues for the commitment and hard work that led to this achievement, particularly through the global turmoil of 2020 and 2021, and am looking forward to what the next three years bring.’
‘We are very pleased with the re-accreditation of EQUIS, since it recognized, in a very rigorous evaluation process, the quality of our programs, students, faculty, research, internationalization, among others. Our leadership and academic team are very committed to continuing to improve and innovating hand in hand with the highest teaching and quality standards required by this prestigious organization,’ stated President Enrique Bolaños Abaunza of INCAE Business School.
Dean Rachel Finn of Sheffield University Management School stated, ‘We are very proud as a School to receive EQUIS re-accreditation as recognition of our excellence as a leading management school. This achievement is testament to the high ambitions, talent and dedication of our whole community of academics, professional service colleagues, students and external collaborators nationally and across the globe. Commitments to social responsibility and creating positive societal impact are at the heart of who we are as a School and we value its recognition in our re-accreditation. We look forward to building further upon our strengths to realise our ambitions in the next stage of the School’s development.’
Dean Devendra Kodwani of The Open University Business School said, ‘We are hugely proud to have been reaccredited by EQUIS as an ongoing testament to the quality and excellence of The Open University Business School. This is a fitting recognition of the dedication of our staff, excellence of our research and our unrivalled supported open learning teaching model, that supports students without ever compromising on quality. We would like to thank the Peer Review Team for their expert focus on continuous improvement and recommendations for the years to come and EQUIS for making this virtual visit a success. We look forward to the next reaccreditation review and building further on our strengths.’
‘On behalf of Smith School of Business, Queen’s University, we are excited and honoured to have been accredited again by EQUIS, which recognizes business schools for delivering high quality across all dimensions of activity, as well as having a high degree of internationalization. It is a great testament to the efforts of Smith’s faculty and staff to have met the exceptional standards of EQUIS including governance, programs, research, internationalization, ethics, responsibility and sustainability, among others,’ commented Dean Wanda M. Costen of Smith School of Business, Queen’s University
Dean Wei-Chi Tsai of National Chengchi University-College of Commerce said, ‘For the past 5 years, NCCUC has always told our stakeholders that “We, as a team, should strive to achieve our mission and our four core values: Global Perspective, Innovation, Professionalism, and Business”. We are gratified to have once again earned the great honor of receiving accreditation from EQUIS-EFMD.
As being the most internationalized business school in Taiwan, we want to express our appreciation to our partners at every corner of the world. With all of your support, National Chengchi University-College of Commerce can participate actively in the global community. In the post-pandemic era, we are readily planning for more collaborations and continuing to strive for excellence in our practice.’
‘The EQUIS Re-accreditation is a recognition of EADA’s commitment to leadership, innovation and sustainability, based on a strong history, a shared culture and a committed team,’ commented Dean of EADA Business School Jordi Díaz.
‘I am delighted that Nottingham University Business School has been reaccredited by EQUIS for the full five years across its three campuses in the UK, China and Malaysia. I am very pleased the panel recognised our excellence in Sustainability, Ethics and Responsible management,’ said Dean Duncan Angwin of Nottingham University Business School.
The EFMD Quality Improvement System (EQUIS) was created in 1997 with a commitment to internationalisation, respect for diversity and the importance of corporate connection. The goal of EQUIS is not only to provide accreditation for business schools but to improve the quality of management education around the world. Starting with 19 pioneer schools in Europe, EQUIS accreditation now encompasses 197 accredited schools in 45 countries. Since January 2013, the EQUIS assessment process has fully embedded ethics, responsibility and sustainability. EQUIS assessment respects diversity by accepting wide differences in the organisation and delivery of management education, understanding each local context’s uniqueness.
The EQUIS framework and process
EQUIS accreditation ensures rigorous quality control, benchmarking each school against international standards in terms of governance, programmes, students, faculty, research, internationalisation, ethics, responsibility and sustainability, as well as engagement with the world of practice. It provided a continuous improvement process to help each school maintain the drive for excellence.
Quality is assessed by an experienced peer review team composed of four members holding senior positions in management education or with substantial experience in this field, which is a form of international benchmarking. Recognition through the award of EQUIS accreditation is by an independent accreditation board. EQUIS is distinctive for including a senior practitioner in the review team and assessing ongoing improvement following each accreditation or reaccreditation visit.
EQUIS looks for a balance between high academic quality and the professional relevance provided by close interaction with the corporate world. Therefore, a strong interface with the business world is as much a requirement as strong research potential. EQUIS attaches particular importance to creating an effective learning environment that favours students’ managerial and entrepreneurial skills and fosters their personal growth and sense of global responsibility. EQUIS also looks for innovation in all areas, including programme design and pedagogy.
In addition to many other benefits, EQUIS accreditation makes schools a part of a vibrant community of mutual learning and sharing good practice with other business schools coming from different higher-education systems. In view of the challenges brought by the pandemic, peer feedback, benchmarking of experiences and strategic reflection about the way forward are more critical than ever.
Learn more about the process for receiving EQUIS accreditation.