EQUIS Accredited Business Schools in India

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 December 2024, there are about 250 EQUIS accredited schools across the world and eight 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.

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

Source: EFMDglobal.org

EQUIS Accredited Business Schools in India 
In India, there are eight 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. Check list below.

EQUIS Accredited Business Schools in India are:

• Indian Institute of Management Ahmedabad (IIMA) (5 years)
• Indian Institute of Management Bangalore (IIMB) (5 years)
• Indian Institute of Management Calcutta (IIMC) (3 years)
• Indian Institute of Management Indore (IIMI) (3 years)
• Indian School of Business (5 years)
• Indian Institute of Management Kozhikode (IIMK) (5 years)
• School of Business Management, SVKM's NMIMS University (3 years)
• S.P. Jain Institute of Management & Research (SPJIMR) (3 years)

Source: EFMD Official Website 

EFMD Programme Accredited Business Schools in India
While the EQUIS accreditation process offered by EFMD is valid for an entire Business school, with EFMD Accreditation it is possible for a Business Schools to have certain degree programs accredited rather than the entire school. Only two B-schools namely Woxsen University's School of Business and SDMIMD Mysore have received the EFMD Program Accreditation. While Woxsen received this accreditation for MBA program, SDMIMD received it for its PGDM program. Both accreditations are initially for three years.

EFMD Programme Accredited Business Schools in India

• Woxsen University's School of Business (3 years)
• SDMIMD Mysore (3 years)

According to EFMD, “EFMD programme accreditation is the most thorough programme accreditation system for business and/or management degrees and courses, including face-to-face, blended and online provisions. It constitutes a benchmark for what is considered an internationally recognised and peer-reviewed programme.”

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.