European Foundation for Management Development (EFMD), one of the top international accreditation body, has awarded BSIS label to Birla Institute for Management Technology (BIMTECH) Greater Noida. BSIS is the first comprehensive impact assessment tool for business schools that helps to demonstrate their impact upon its local environment – city or region. This is first time any B-School in India has completed this assessment.
Dr Eric Cornuel, Director General & CEO and Dr Michel Kalika, Senior Advisor, EFMD presented BSIS award and plaque to Dr H Chaturvedi, Director, BIMTECH and Dr A K Dey, Chairman, Centre for Management Case Development at BIMTECH on June 6 at a function in Lisbon. The award was presented in the presence of more than 500 Deans and Directors of attending 2019 EFMD Annual convention held at Nova Business School, Lisbon, Portugal.
Some of the BSIS Labelled B-schools include HEC Management School; CEIBS - China Europe International Business School; University of St. Gallen; Nottingham Business School and University of Bedfordshire Business School.
With increasing pressure to demonstrate ‘Impact’ within their communities, it is not surprising that Impact assessment is high on agenda of Business Schools in India and abroad. Launched in 2014, Business School Impact System (BSIS) by EFMD is comprehensive impact assessment tool for business schools. At the heart of BSIS is a framework of 120 indicators covering many dimensions including Financial Impact, Educational Impact, Business Development Impact, Intellectual Impact, Impact within Regional Ecosystem, Societal Impact and Image Impact.
Dr Michel Kalika, the BSIS Director and Senior Advisor, EFMD had visited BIMTECH last month for conducting this assessment.
European Foundation for Management Development (EFMD) is an international not-for-profit association, based in Brussels, Belgium. Europe’s largest network association in the field of management development. EFMD operates the EFMD Quality Improvement System (EQUIS), which is one of the leading international systems of quality assessment, improvement, and accreditation of higher education institutions in management and business administration. EFMD also runs the EPAS accreditation system for programmes as well as the EFMD Deans Across Frontiers development programme (EDAF) and the Business School Impact System (BSIS).
Stay tuned to MBAUniverse.com for more updates on BIMTECH, Greater Noida