Editing EFMD Quality Improvement System

{{Short description|International school accreditation system}}
{{Redirect|EQUIS|other uses|Equis (disambiguation){{!}}Equis}}
[[File:EQUIS logo.svg|thumb|200px|The logo of the EQUIS]]
[[File:Number of schools with single, double and triple (AACSB-AMBA-EQUIS) worldwide.png|thumb|Number of schools worldwide with single, double, and triple AACSB-AMBA-EQUIS accreditation as of 2023]]
[[File:Scope_of_business_school_accreditation_for_the_three_main_global_accrediting_bodies_AACSB,_EQUIS_and_AMBA.png|thumb|The scope of business school accreditations for AACSB, EQUIS and AMBA]]
The '''EFMD Quality Improvement System''' ('''EQUIS''') is a business school accreditation managed by [[Brussels]] based [[European Foundation for Management Development|EFMD]]. It provides accreditation for higher education institutions of [[management]] and [[business administration]] and is run by the [[European Foundation for Management Development]].<ref>{{cite journal|title=EQUIS European Quality Improvement System|url=http://fph.vse.cz/wp-content/uploads/EQUISbrochure.pdf|journal= FPH.vse.cz|url-status=dead|archive-url=https://web.archive.org/web/20140714142215/http://fph.vse.cz/wp-content/uploads/EQUISbrochure.pdf|archive-date=2014-07-14}}</ref> It is considered as one of the [[triple accreditation]]. 

EQUIS has accredited 210 institutions in 45 countries around the world.<ref name="members">{{cite web|url=https://www.efmd.org/accreditation-main/equis/accredited-schools|title=EQUIS Accredited Schools|access-date=February 17, 2017|archive-url=https://web.archive.org/web/20170227052550/http://www.efmd.org/accreditation-main/equis/accredited-schools|archive-date=February 27, 2017|url-status=dead}}</ref> In 2022, Equis suspended all higher education institutions in Russia from its ranking.<ref>{{Cite web |date=2018-09-20 |title=EQUIS Accredited Schools - EFMD Global |url=https://www.efmdglobal.org/accreditations/business-schools/equis/equis-accredited-schools/ |access-date=2022-09-13 |language=en-GB}}</ref>

== History ==
EQUIS' directors in 2018 were Ulrich Hommel and David Asch.<ref>{{cite journal|title=European Quality Improvement System (EQUIS)|url=http://www.efmd.org/what-is-efmd/whos-who|website= www.efmd.org/what-is-efmd/whos-who|access-date=2014-11-18|archive-url=https://web.archive.org/web/20170209015517/http://www.efmd.org/what-is-efmd/whos-who|archive-date=2017-02-09|url-status=dead}}</ref> As of 2022, the EQUIS director is Alfons Sauquet.<ref>{{Cite web|url=https://www.efmdglobal.org/about-us/efmd-global-staff/|title=EFMD Global Staff - EFMD Global|date=24 June 2019}}</ref>  In the past 20 years of existence, the organization has accredited 189 institutions in 45 countries.<ref name=members/>

== Object of the accreditation ==
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: [[Association to Advance Collegiate Schools of Business|AACSB]] and [[Association of MBAs|AMBA]].<ref>{{Cite journal|title=Andreas Kaplan: European Management and European Business Schools: Insights from the History of Business Schools | doi=10.1016/j.emj.2014.03.006 | volume=32 | journal=European Management Journal | pages=529–534}}</ref> As of 2014, all fully accredited EQUIS business schools applying for AACSB accreditation have succeeded, which has not been the case the other way.<ref>{{cite journal|title=???|url=http://mba-news.net/2014/02/05/mba-accreditation/|journal= Mba-news.net|date=5 February 2014|url-status=dead|archive-url=https://archive.today/20140711064708/http://mba-news.net/2014/02/05/mba-accreditation/|archive-date=11 July 2014}}</ref>

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).<ref>{{cite journal|title=European Quality Improvement System (EQUIS)|url=https://www.efmd.org/images/stories/efmd/EQUIS/2014/EQUIS_Process_Manual.pdf|date=18 November 2014}}{{Dead link|date=February 2024 |bot=InternetArchiveBot |fix-attempted=yes }}</ref>

== See also ==
* [[Association of MBAs]] (AMBA)
* [[Association to Advance Collegiate Schools of Business]] (AACSB)
* [[List of EQUIS accredited institutions]]
* [[Triple accreditation]]

== Notes and references ==
{{Reflist}}

== External links ==
* {{Official website|https://efmdglobal.org/accreditations/business-schools/equis/|EQUIS on EFMD Global official website}}

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[[Category:School accreditors]]


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