EQUIS Business School Accreditation Awarded to Economics and Management School of the Wuhan University & Indian Institute of Management Calcutta (IIMC)

BRUSSELS, BELGIUM--(Marketwired - April 26, 2016) -

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EFMD would like to warmly congratulate Economics and Management School of the Wuhan University & Indian Institute of Management Calcutta (IIMC) who have just been awarded EQUIS accreditation.

This takes the number of accredited schools to 161 across 40 countries.

Prof. Saibal Chattopadhyay, Director of Indian Institute of Management Calcutta (IIMC) said: "High quality management education in today's world requires institutional strategy for remaining in sync with the pace of changes in the global environment and in the corporate world, managing opportunities and challenges of the ever-intensifying levels of globalization, paving ways for producing ethical leadership, attracting and retaining high quality students and faculty who would find their expectations exceeded in the learning environment, and rewarding the recruiters by constantly supplying them well-trained talents they need. EQUIS prioritizes on a set of such dimensions."

"The Economics and Management School of Wuhan University is proud to be the first EQUIS-accredited business school in Central China, a dynamic area with a population of 300 million. This is a critical step for our School to become a leading business school in China with a world-class standing. Our School, in further collaboration with international partners, will contribute to business knowledge creation and human capital development for China, as well as for the World," added prof. Danyang Xie, Dean of Economics and Management School of the Wuhan University.

EFMD is delighted to announce that further nine institutions have been successfully reaccredited by EQUIS. Please read here what the Deans of the reaccredited business schools said about the achievement.

Prof. Martin Schader, the EQUIS Director, added: "We are delighted to welcome two new institutions into the community of EQUIS accredited schools. EQUIS accreditation ensures a rigorous quality improvement process, involving a thorough self-assessment, a visit of an international peer review team, and finally, a very experienced Awarding Body evaluating the assessment and findings of the review team to determine whether the School should be granted accreditation. EQUIS benchmarks the School against international standards in terms of governance, programmes, faculty, students, research, and foremost, corporate engagement, internationalisation and ethics, responsibility and sustainability. There are currently no substitutes for such an in-depth assessment of quality and both the newly accredited and reaccredited schools should be commended for their commitment to excellence."

More information on EQUIS is available at www.efmd.org/equis.

About EFMD

EFMD is a leading international network of business schools and companies at the forefront or raising the standards of management education and development globally. More information about EFMD is available via efmd.org.

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