In the ever-evolving landscape of management education, EFMD Global stands out as a premier organization dedicated to promoting excellence in education and fostering connections among business schools. Established in 1972, EFMD has become a key player in the global network of management education, offering accreditation services, research resources, and a collaborative platform for institutions worldwide. Its flagship accreditations, including EQUIS and EPAS, are widely recognized for their rigorous standards and commitment to quality, aiding institutions in achieving international recognition.
Currently, EFMD faces competition from several notable organizations in the accreditation domain. Among these, the Association to Advance Collegiate Schools of Business (AACSB) and the Association of MBAs (AMBA) are significant rivals, each with their distinctive approach to evaluating business schools. AACSB, founded in 1916, is known for its comprehensive evaluation criteria, emphasizing academic rigor and research output. Meanwhile, AMBA focuses specifically on accrediting MBA programs, ensuring that they meet high standards of teaching and learning.
Additionally, other organizations like the Accreditation Council for Business Schools and Programs (ACBSP) and the International Accreditation Council for Business Education (IACBE) also play crucial roles in providing legitimacy and quality assurance for business education institutions. As competition continues to grow, EFMD Global maintains its prominence through ongoing innovation and a strong commitment to enhancing the quality of management education worldwide.
Link to the website: efmdglobal.org
