EQUIS
• • •
EQUIS
ThE EuRopEAn QuAliTy
impRoVEmEnT SySTEm
»Matthew Wood, EFMD
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Institutions that are accredited by
EQUIS must demonstrate not only high
general quality in all dimensions of
their activities, but also a high degree
of internationalisation.
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Provide information on the
purpose and role of EQUIS
EQUIS is the leading international system of quality assessment, im-
provement and accreditation of higher education institutions in man-
agement and business administration. EQUIS is run by the European
Foundation for Management Development (EFMD) and its funda-
mental objective, linked to the mission of the EFMD, is to raise the
standard of management education worldwide.
EQUIS was created in 1997 by a mandate of EFMD’s member business
schools and with the specific active support of a number of them among
which were the top ones in Europe: Bocconi, HEC Paris, Helsinki
School of Economics, IESE, IMD, INSEAD, Instituto de Empresa,
London Business School, Rotterdam School of Management, etc.
The creation of EQUIS was prompted by the need to develop an accred-
itation system targeted to those business schools anywhere in the world
that were trying to make an impact beyond their domestic frontiers. At
the time of its creation, there were no established international accredi- Institutions that are accredited by EQUIS must demonstrate not only
tation systems in the field of management or business administration. high general quality in all dimensions of their activities, but also a high
degree of internationalisation. With companies recruiting worldwide,
EQUIS is European in its inspiration and global in its scope. Europeans with students choosing to get their education outside their home coun-
have designed it and Europeans from a broad range of countries manage it. tries, and with schools building alliances across borders and continents,
Its scope, however, is global in that it provides an excellent framework for there is a rapidly growing need for them to be able to identify those
assessing quality in highly diverse institutional and cultural contexts. institutions in other countries that deliver high quality education in in-
ternational management.
Provide information on the
background of EQUIS EQUIS looks for a balance between high academic quality and the
professional relevance provided by close interaction with the corporate
EQUIS is not primarily focused on the MBA or any other specific pro- world. A strong interface with the world of business is, therefore, as
gramme. Its scope covers all programmes offered by an institution from much a requirement as a strong research potential. EQUIS attaches par-
the first degree up to the Ph.D. ticular importance to the creation of an effective learning environment
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