In 2022, the Business School Impact System (BSIS) celebrated ten years since the launch of the impact assessment system, which helps business schools measure and communicate the impact on their impact zone.
Run as a joint venture between EFMD Global and FNEGE (French Foundation for Management Education), BSIS has come a long way from a tool that measures impact to a process that generates impact in itself.
The impact of a business school is analysed based on the following seven areas: financial, educational, business development impact as well as intellectual, societal, image, and impact within the regional ecosystem.
From a method that measures impact, BSIS has become a process that generates impact for the business school in itself.
To date, 62 schools in 19 countries worldwide have obtained the BSIS label. BSIS is seeing significant growth in the number of applications and a boost in interest. In the past three years, 28 institutions decided to start their impact journeys and are now either part of the pool of BSIS-labeled schools or are about to complete the rigorous impact system process. There are a further 38 schools with high interest in BSIS.
BSIS took the opportunity to reinforce its infrastructure to better support institutions on their journeys of impact.
The second half of 2022, with the appointment of a new Director, Francois Bonvalet, and changes in the BSIS team, was an opportunity to take stock of the achievements of BSIS and to reinforce its infrastructure to support its continued growth, development and relevance going forward.
BSIS has established a new Steering Committee of twenty-five members worldwide to strengthen, guide and oversee the fast-growing BSIS. The pool of BSIS experts to conduct school visits is also being enlarged to respond to the boost in interest.
Francois Bonvalet, Director of BSIS, said: “With BSIS, schools are invited step by step to move from a culture of output toward a culture of impact. We see a shift from the internal focus on standards and a number of well-ranked published articles to an impact culture that strives to take into account the outcomes and externalities of school’s numerous activities. We are happy to continue supporting schools as active citizens and demonstrating the societal impact of their work.”
The list of BSIS labelled schools:
Université de Liège – HEC Management School (renewed BSIS in 2021)
CEIBS – China Europe International Business School (renewed BSIS in 2021)
Audencia Business School (renewed BSIS in 2019)
Ecole de Management de Normandie (renewed BSIS in 2017)
emlyon Business School (renewed BSIS in 2022)
Excelia Group (renewed BSIS in 2017 and 2022)
Grenoble IAE, Université Grenoble Alpes (renewed BSIS in 2021)
Groupe ESC Clermont (renewed BSIS in 2022)
iaelyon School of Management, Université Jean Moulin Lyon III (renewed BSIS in 2017)
IAE de Nice, Ecole Universitaire de Management (renewed BSIS in 2018 and 2022)
Montpellier Business School (renewed BSIS in 2017)
South Champagne Business School (SCBS), Y Schools (renewed BSIS in 2017 and 2022)
Toulouse Business School (renewed BSIS in 2018)
Corvinus University of Budapest, Corvinus Business School (renewed BSIS in 2018)
University of Porto (Faculty of Economics and Porto Business School) (renewed BSIS in 2022)
University of Ljubljana, School of Economics and Business (renewed BSIS in 2021)
HEC Lausanne, Université de Lausanne (renewed BSIS in 2021)
University of St. Gallen (renewed BSIS in 2020)
Manchester Metropolitan University, Faculty of Business and Law (renewed BSIS in 2022)
University of Bedfordshire Business School (renewed BSIS in 2021)