NMIMS School of Business Management Mumbai earns prestigious EQUIS Accreditation; Joins 5 IIMs and ISB in Elite League

NMIMS School of Business Management (SBM), Mumbai has been conferred the prestigious EQUIS accreditation. The EQUIS accreditation is awarded to the best B-schools internationally that demonstrate high academic standards and overall quality. SBM's initiative, the Pravin Dalal School of Entrepreneurship & Family Business Management, also received the EQUIs accreditation, underscoring the institution's commitment to excellence in business education.

NMIMS SBM Mumbai: Seventh B-School to Get EQUIS Accreditation
So far, there are six Business Schools that have received EQUIS accreditation in India. SBM NMIMS Mumbai is the seventh B-school Accredited by EQUIS and is the second private B-school to receive this recognition. The achievement also positions SBM as the first B-school embedded within a university in India to achieve the EQUIS accreditation. The updated list of EQUIS Accredited B-Schools in India include:

1. Indian Institute of Management Ahmedabad (IIMA) 
2. Indian Institute of Management Bangalore (IIMB) 
3. Indian School of Business (ISB)
4. Indian Institute of Management Calcutta (IIMC) 
5. Indian Institute of Management Kozhikode (IIMK)
6. Indian Institute of Management Indore (IIMI) 
7. NMIMS School of Business Management Mumbai

The EQUIS accreditation is a testament to SBM's dedication to academic and research excellence, social initiatives, and industry connections. The EQUIS accreditation offers several benefits, including global recognition of the School's practices and programs and positioning it among the leading B-schools internationally. The accreditation allows SBM to benchmark its performance against global institutions and enrich its learning ecosystem for students and faculty. For students, the EQUIS accreditation affirms the School's continuous quality improvement in providing education that meets global standards, offering enhanced learning opportunities and international exposure.

Dr Ramesh Bhat, Vice Chancellor, NMIMS University, commented, "Achieving EQUIS accreditation for the School of Business Management at NMIMS, Mumbai, is an important milestone” and added, “The EQUIS accreditation provides a framework for governance, establishes clear quality benchmarks, and aligns us with international best practices.”

Dr Justin Paul, Dean & Provost (Management Education), School of Business Management, said, "The EQUIS accreditation places NMIMS School of Business Management, Mumbai, among the top global business schools” and added “This recognition will enhance our global standing, facilitate international collaboration, and expand academic and career opportunities for our students."

Founded in 1981, NMIMS School of Business Management is committed to quality education, research, social impact, and consistent graduate outcomes. The School offers doctoral and management programs, including the flagship MBA program and specialised MBA programs in HR, Pharmaceutical Management, Healthcare Management, Business Analytics, and Digital Transformation. The School of Business Management, Mumbai campus, has the dual distinction of being the first B-School in the Western region of India to be re-accredited by AACSB in 2023 and the 7th B-School to be accredited by EQUIS in 2024. The flagship MBA program has also been ranked for the third consecutive year in the top 100 FT Global Masters in Management (MiM) rankings. The School of Business Management is known for its learning ecosystem, qualified faculty, industry connections, and accomplished alums.

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

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