EQUIS

EQUIS, which stands for European Quality Improvement System, is an international accreditation system for management education operated by EFMD (European Foundation for Management Development). It accredits business schools as whole institutions, evaluating governance, strategy, programs, students, faculty and research, internationalization, and external engagement. Its aim is to promote high standards of quality and relevance in management education and to strengthen schools’ international competitiveness and connection with the business world and society at large.

Global role and scope: EQUIS operates worldwide and is recognized as one of the major global accreditations for business schools. It is often mentioned alongside AACSB and AMBA as part of the so-called “triple crown” of business-school accreditation, though not all schools pursue all three.

Accreditation process: The process typically begins with an eligibility assessment and formal application. An on-site evaluation is conducted by an international team of peers, who review documentation, visit the school, and interview senior leaders, faculty, students, alumni, and corporate partners. A detailed report is produced, and the EQUIS Accreditation Committee makes a decision. Accreditation is awarded for a period that commonly spans up to four years, with ongoing monitoring and potential mid-cycle reviews to ensure continual improvement.

Criteria and emphasis: EQUIS assesses the institution across several dimensions, including governance and strategy, the quality and coherence of programs, the profile and development of students and staff, research activity and impact, internationalization and external relations, and the school’s social responsibility and sustainability practices.

Impact and status: Holding EQUIS accreditation signals a high level of quality and international standards in management education, supporting recruitment, partnerships, and mobility for students and faculty. EFMD periodically updates criteria to reflect evolving educational and industry needs.