EFMD Quality Improvement System
The EFMD Quality Improvement System (EQUIS) is a business school accreditation organization based in Brussels, Belgium. It provides accreditation for higher education institutions of management and business administration and is run by the European Foundation for Management Development.[1] It is considered as one of the triple accreditation.
"EQUIS" redirects here. For other uses, see Equis.Object of the accreditation[edit]
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.[6] As of 2014, all fully accredited EQUIS business schools applying for AACSB accreditation have succeeded, which has not been the case the other way.[7]
EQUIS accreditation can be granted for three years (with annual progress reports on the areas of improvement required) or for five years (with a mid-term progress report on development objectives required).[8]