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TUM School of Management scoops up EQUIS accreditation
Munich, 8 June 2017 – TUM School of Management receives the prestigious EQUIS label for its excellence in research and teaching. This is the first business faculty of a technical university in Germany receiving this accreditation. The EQUIS signet is awarded by the European Foundation for Management Development in Brussels (EFMD). It is a globally recognized certificate of quality, assigned with the aim of improving international management education.
“The EQUIS accreditation confirms our unique position at the interface between management and technology in an impressive way,” says Gunther Friedl, Dean of the TUM School of Management. “Our growing international focus on European research projects and an increasing number of courses taught in English have put us on a par with major international competitors. In that perspective we have reached another important milestone – fifteen years after the founding of our faculty.”
The EQUIS award complements the AMBA accreditation for TUM’s Executive MBA programs received as early as 2015. It is also a further step towards the “Triple Crown”, the full set of three top accreditations — namely AACSB, AMBA and EQUIS. Only 70 business faculties and business schools worldwide hold all three signets.
A direct additional benefit of the EQUIS accreditation is our potential entry into the Financial Times university ranking. International study applicants often use such rankings for orientation, so that the TUM School of Management hopes to attract even more of those students in the future.
The EFMD management development network includes nearly 900 institutional members from academia, business, public service and consultancy across 87 countries worldwide. EFMD offers a range of services, including conferences and seminars around the world, surveys and the dissemination of knowledge, quality improvement and accreditation via EQUIS, EPAS, EOCCS and CLIP, as well as the EDAF mentoring programme and the BSIS impact assessment system.
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Awarded by EFMD, EQUIS is the leading international system of quality assessment, improvement, and accreditation of higher education institutions in management and business administration. The EQUIS quality label requires an international dimension, a strong interface with the corporate world, and an ethos of promoting responsible management. Its approach to quality assessment is rooted in respect for diversity of institutional and cultural contexts.
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