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European Federation of Management Development is now called EFMD Global. EFMD is an international non-profit, membership driven organisation dedicated to management development. It is Recognised globally as an accreditation body for business schools, business school programmes, and corporate universities.

The organisation has around 972 Institutional  members across 90 countries, and acts as a catalyst to promote and enhance excellence in management development. Based in Brussels, Belgium EFMD has offices in Geneva, Hong Kong, Miami and Prague.

India now has Seven EQUIS accredited schools with the newest addition of SVKMS Narsee Monjee University NMIMS. 

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The Indian  schools that received the EFMD's institutional accreditation called EQUIS

Indian Institute of Management Calcutta (IIM C)  (now  the first triple crown accredited school with AACSB and AMBA added) 

SVMKM's NMIMS University, Mumbai

has become the seventh B-school to obtain the EQUIS accreditation which is also being conferred after a long time on an Indian University. Congratulations for this stellar achievement.

The first ever EFMD-EPAS (now changed only to EFMD) accreditation has been conferred on an Indian school SDMIMD, Mysore.  The school also went for BSIS Business School impact system recognition listed below

Rajagiri Business School, Cochin

School of Business Woxsen University  are also EFMD accredited. 

EFMD Global Member Schools in India 

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  1. AIMS School of Business (AIMS Institutes) Bangalore 

  2. AIMS Institutes 

  3. AMDISA

  4. ABBS School of Management, Bangalore

  5. Athena school of Management 

  6. Birla Institute of Management Technology (BIMTECH), Greater Noida

  7. Goa Institute of Management (GIM), Goa 

  8. Global Risk Management Institute 

  9. Jagdish Sheth School of Management Bangalore

  10. Indian Institute of Foreign Trade (IIFT), New Delhi

  11. Indian Institute of Management, Ahmedabad (IIMA)

  12. Indian Institute of Management, Bangalore (IIMB)

  13. Indian Institute of Management, Calcutta (IIMC)

  14. Indian Institute of Management, Indore (IIMI)

  15. Indian Insttitute of Management Jammu

  16. Indian Institute of Management, Lucknow (IIML)

  17. Indian Institute of Management Shillong 

  18. Indian Institute of Management, Raipur 

  19. Indian Institute of Management, Kozhikode

  20. Indian Institute of Management Kashipur

  21. Indian Institute of Management Ranchi

  22. Indian Institute of Plantation Management, Bangalore (IIPMB)

  23. Indian School of Business, Hyderabad

  24. Indian Institute of Cost and Management Studies, Pune

  25. Institute of Management Technology - IMT, Hyderabad

  26. Institute of Management Technology - IMT, Ghaziabad

  27. Institute of Public Enterprise, Hyderabad

  28. IMI, Bhubaneshwar 

  29. IMI  Kolkatta

  30. IMI New Delhi

  31. Management Development Institute, Gurugram

  32. N. L. Dalmia Institute of Management Studies and Research, Mumbai

  33. Nirma University, Institute of Management, Ahmedabad 

  34. Prin.L.N. Welingkar Institute of Management Development & Research, Mumbai

  35. Rajagiri Business School, Cochin

  36. S.P. Jain Institute of Management & Research, Mumbai

  37. SCMS Cochin

  38. SDMIMD, Mysorei

  39. Symbiosis Institute of Business Management, Pune

  40. L M Thapar School of Management, Mohali

  41. SVMKM's NMIMS University, Mumbai

  42. Xavier Institute of Management & Entrepreneurship (XIME)

  43. Xavier University Bhubaneswar (XUB), Faculty of Management

  44. XLRI , Xavier School of Management, Jamshedpur

  45. Woxsen University School of Management, Hyderaba

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*Those marked in colour are Accredited schools.

Revised EQUIS research standard empowers schools to showcase research diversity

Writing in EFMD Pagaes  Jett Vercruse  says the The revised EQUIS research standard gives broad recognition to a wide range of research types, from academic to practice-oriented. It requires schools to establish a clear research strategy aligned with their objectives and implement robust support systems for faculty. The reformulated research reporting framework allows schools to improve data collection and self-representation regarding practice-oriented research (more) 

Alfons Sauquet, EFMD Director of Quality Services and EQUIS, commented "When our task force began looking at the revision of the research chapter in 2023, our goals included endorsing a richer and more complex view of research in EQUIS schools and improving the scope of research in EQUIS accreditation, increasing attention to practice-oriented research, separating innovative methods of teaching from research, improving research reporting to include data collection, and enhancing the school’s public reputation.”

“With the latest changes to chapter five, we have now given schools a better framework to tell their stories — to showcase what is most important to them, be it excellence in academic or practice-oriented research.”

EFMD Global membership offers the unique opportunity to become part of the leading international network in the field of management development.

The massive network 30,000 management professionals from academia, business, public service, and consultancies, helps EFMD Global to play a central role in shaping global approach to management education and provide a unique forum for information, research, networking and debate on innovation and best practice.

ACCREDITATION 

Business schools (EQUIS) EFMD Quality System is the most comprehensive institutional accreditation system for business and management schools

 EFMD Programmatic Accreditation System which was formerly called EPAS provides the rigorous standards for programme instead of institution. 

Online courses (EOCCS)
European Online Course Certification System provides top quality benchmarks in digital learning 

ASSESSMENT

EFMD GN Deans Across Frontiers EDAF is an assessment and mentoring system for business schools. 

EFMD-EQUIS Accredited schools worldwide 

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