In 1998, WHU became the first German business school to be accredited by the European Quality Improvement System (EQUIS). The accreditation has been extended for another five years in March 2009 and in February 2014. This recognition is granted as a sign of approval for international business schools.
The fundamental objective of EQUIS is to raise the standard of management education worldwide. EQUIS assesses not just degree programmes but all the activities and sub-units of the institution, including research, e-learning units, executive education provision and community outreach. Institutions must be primarily devoted to management education.
EQUIS looks for a balance between high academic quality and the professional relevance provided by close interaction with the corporate world. A strong interface with the world of business is, therefore, as much a requirement as a strong research potential. EQUIS attaches particular importance to the creation of an effective learning environment that favours the development of students’ managerial and entrepreneurial skills, and fosters their sense of global responsibility. It also looks for innovation in all respects, including programme design and pedagogy.
Institutions that are accredited by EQUIS must demonstrate not only high general quality in all dimensions of their activities, but also a high degree of internationalisation. With companies recruiting worldwide, with students choosing to get their education outside their home countries, and with schools building alliances across borders and continents, there is a rapidly growing need for them to be able to identify those institutions in other countries that deliver high quality education in international management.
WHU is proud to have been EQUIS approved and understands this grant as a confirmation of its own high standards and commitment to excellence in management education. Only four other institutions in Germany have also fulfilled the strict requirements for EQUIS accreditation.