IIM Indore receives Re-accreditation from EQUIS for three years

IIM Indore receives Re-accreditation from EQUIS for three years

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Anum Ansari
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New Delhi, Updated on Mar 6, 2023 09:02 IST

It is an international not-for-profit association based in Brussels, designed as a quality enhancement process for a particular programme within an institution. IIM Indore has received the EQUIS re-accreditation for three years.

IIM Indore has successfully received re-accreditation from the European Foundation for Management Development (EFMD) Quality Improvement Systems – EQUIS (Europe), an international organization for management development. It is an international not-for-profit association based in Brussels, designed as a quality enhancement process for a particular programme within an institution. IIM Indore has received the EQUIS re-accreditation for three years.

This accomplishment further reinforces the institute’s position among the top 100 business schools globally, with a ‘Triple Crown’ accreditation, including accreditations from the Association to Advance Collegiate Schools of Business (AACSB – USA) and the Association of MBAs (AMBA – UK).

Professor Himanshu Rai, Director, IIM Indore, expressed his appreciation and congratulations to the entire IIM Indore community for their dedication and hard work in achieving this accolade. He emphasized that the achievement was the result of the collective efforts of the entire institution working together with a shared sense of purpose.

"We have also expanded our footprint to the UAE and the Middle East, with a strong alumni base of over 600 abroad. IIM Indore is widely recognized for offering socially conscious courses and programmes, and the EQUIS re-accreditation serves as a testament to its commitment, dedication, and eagerness to contribute to research and academia,” said Professor Rai.

What is EQUIS Criteria Framework?

The EQUIS Criteria Framework for accreditation is a comprehensive set of factors used to evaluate the quality and standards of an educational institute. The framework includes context, governance and strategy, programme portfolios, students, faculty, research and development, executive education, resources and administration, internationalization, ethics, responsibility and sustainability, and connections with practice. IIM Indore has been assessed on its ability to meet the rigorous standards set by the EQUIS Criteria Framework, and has been granted accreditation based on its performance in each of these areas.

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