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Indian School of Business well poised to set new global benchmarks in management education

Indian School of Business (ISB) well poised to set new global benchmarks in management education
Awarded with 5 year re-accreditation from the prestigious EQUIS
Hyderabad,April 16, 2020: Providing a major impetus to ISB’s mission of offering the finest and world class management education in the country, is the formal 5 year re-accreditation received from EQUIS (EFMD Quality Improvement System). EQUIS is a rigorous tool to assess, certify and improve the school’s quality in ten key areas including- governance, programmes, students, faculty, research and, foremost, internationalisation, ethics, responsibility and sustainability as well as corporate engagement.

 European Foundation for Management Development (EFMD) is a global, non-profit, membership driven organisation dedicated to management development. Recognised globally as an accreditation body for business schools, business school programmes, and corporate universities. With the support of 900+ members across 91 countries, EFMD act as a catalyst to promote and enhance excellence in management development globally. EFMD is based in Brussels, Belgium, with offices in Geneva, Hong Kong, Miami and Prague. As of April 2020, 190 business schools have been awarded EQUIS with 45 countries represented among the accredited schools. India has only 5 EQUIS accredited schools and ISB is honoured to be part of this distinguished group.

Accreditation from EFMD is one of the best and most complete ways to certify the quality of a Business School as accreditation involves an extensive self-assessment by the School, a visit of an international review team who spend several days interviewing many different people in the School, and finally a very experienced jury evaluating the assessment and findings of the review team to determine whether the School should be granted accreditation.

 Expressing delight over this remarkable achievement, Professor Rajendra SrivastavaDean, ISB underlined that  “EQUIS re-accreditation by European Foundation for Management Development (EFMD) speaks volumes on how the Indian School of Business (ISB) is in the forefront is raising its own benchmarks and progressively scaling newer and greater heights. The EFMD accreditation involves an extensive in-depth assessment of quality of the school on multiple parameters and we are glad to be one of those selected institutes across the globe. This is the collective victory of team ISB who relentlessly strive to offer the best learning environment by integrating classroom and peer-to-peer learning with insights from business and government. ISB through its innovative programmes, outstanding faculty and thought leadership is committed in developing young leaders who are ‘future ready ‘and who can convert challenges into new growth opportunities, resulting in win-win for all the stakeholders”.

Building a great institution is a continuous journey, the evaluation and feedback in this review indicates that we are on a solid path, highlighted Dr Philip Charles Zerrillo, Deputy Dean, ISB. The school has its task cut out for it and will pursue its mission with renewed passion and commitment and reinvent itself in facilitating a vibrant and inspiring tomorrow, he added.  

About Indian School of Business
Indian School of Business (ISB) is a global business school offering world-class management education across its two campuses – Hyderabad and Mohali. The School has grown at a rapid pace over the past eighteen years since its inception and already has several notable accomplishments to its credit – it is the youngest school ever to consistently rank among the top Global MBA programmes, one among the select 100 global b-schools to have AACSB and EQUIS re-accreditation, one of the largest providers of Executive Education in Asia, and the most research-productive Indian management institution. A vibrant pool of research-oriented resident faculty, strong academic associations with leading global b-schools and the backing of an influential Board, have helped the ISB fast emerge as a premier global business school in the emerging markets.
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