EQUIS Accredited Business Schools in India

MBAUniverse.com News Desk |
January 1, 2023
EQUIS Accredited Business Schools in India

EFMD Quality Improvement System, popularly known as EQUIS, is a leading international system of quality assessment, improvement and accreditation of business schools. Its rigorous peer-review process communicates a B-schools overall quality and self-improvement commitment to students, employers and academic partners worldwide.

EQUIS is an accreditation offered by European Foundation for Management Development (EFMD), which was founded in 1972 as a global, non-profit, membership-driven organisation dedicated to management development. EFMD states that its mission is to “Act as a catalyst to promote and enhance excellence in management development globally.”

As of January 2023, there are 209 EQUIS accredited schools across 45 countries globally. As of January 2023, there are only six EQUIS Accredited Business Schools in India.

EQUIS FRAMEWORK
EQUIS accreditation process is based upon “a conceptual framework of quality criteria which are reviewed continuously by an international committee of EFMD members.” The EQUIS evaluation considers each component of the framework and the inter-relationships between them. Standards have been developed for each component.

EQUIS FRAMEWORK

Source: EFMD

EQUIS Accredited Business Schools in the World - 2023
EFMD being a European organization, it is no surprize that the greatest number of EQUIS accredited B-schools are from Europe.

Here is a breakup of EQUIS Accredited Business Schools in the World:

  • Europe: 110
  • Asia: 46
  • Oceania Australia: 18
  • North America: 17
  • Central / South America: 10
  • Africa: 4
  • Middle East: 4

EQUIS Accredited Business Schools in the World

Source: EFMDglobal.org

EQUIS Accredited Business Schools in India – 2023
In India, There are six Business Schools who have received EQUIS accreditation in India. EQUIS Accredited Business Schools in India include top IIMs like IIM Ahmedabad, IIM Bangalore and IIM Kozhikode. Indian School of Business (ISB) is also EQUIS accredited.

EQUIS Accredited Business Schools in India are:

  • Indian Institute of Management Ahmedabad (IIMA) (5 years)
  • Indian Institute of Management Bangalore (IIMB) (5 years)
  • Indian School of Business (5 years)
  • Indian Institute of Management Calcutta (IIMC) (3 years)
  • Indian Institute of Management Kozhikode (IIMK) (3 years)
  • Indian Institute of Management Indore (IIMI) (3 years)

As more Indian B-schools make efforts to internationalize, the number of EQUIS Accredited Business Schools in India are expected to increase in coming years. Above are six Business Schools who have received EQUIS accreditation in India.

Stay tuned to MBAUniverse.com for more updates on EQUIS Accredited Business Schools in India.