European Quality Improvement System
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The European Quality Improvement System (or EQUIS) is a school accreditation system. It specializes in higher education institutions of management and business administration, run by the European Foundation for Management Development. As of June 2009, EQUIS has accredited 117 business schools in 34 countries around the world[1].
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[edit] History
It was created in 1998 under Gordon Shenton and the current director is Julio Urgel. In the past seven years of existence the organization has accredited 117 institutions in 34 countries.
[edit] Object of the accreditation
The accreditation is given regarding mainly the general quality of a given business school activities and also the degree of internationalization. In this respect EQUIS accreditation is more demanding than AACSB - so far all EQUIS fully accredited business schools applying for AACSB accreditation have succeeded, which has not been the case the other way.
EQUIS accreditation can be granted conditionally for 3 years (with annual progress reports required) or unconditionally for 5 years.
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