Global re-accreditation for quality of University of Stellenbosch Business School’s programmes
The accreditation is for five years, the highest term awarded, and this together with the re-accreditation achieved earlier this year from the USA-based Association of Advance Collegiate Schools of Business (ACCSB) and the UK-based Association of MBAs (AMBA), puts the school in the company of some 86 schools worldwide with the Triple Crown of international accreditations.
Prof Piet Naudé, Director of USB, says this re-accreditation reinforces the University’s vision of being Africa’s leading research-intensive university, globally recognised as excellent.
“EQUIS is a very significant international recognition of the quality of work done by USB, USB-ED and the Institute for Futures Research.
The fact that only three African-based business schools enjoy this accreditation and that USB is the only one with a full-term recognition, is the single most important indicator of USB’s international standing.
“Unlike rankings that operate on a narrow set of specific criteria, the EQUIS accreditation system evaluates the full spectrum of a school’s activities against global best practices. We are delighted and will use this recognition to continue our work to create business value for a better world.”
The accreditation agencies review business schools and their programmes from different angles. EQUIS assesses business schools as a whole, including their programmes, internationalisation activities, research, corporate connections and social engagement.
The AACSB emphasises continuous quality improvement in business education across three dimensions: engagement, innovation and impact. AMBA’s accreditation criteria focus on every aspect of MBA provision, including the institution, faculty, curriculum and assessments.
A message from USB Director, Prof Piet Naudé
I am pleased and grateful to inform you that the European Foundation for Management Development (EFMD) Council, convening in Brussels on 10 December, has re-accredited USB for a full five year term in terms of the EQUIS standards that cover all aspects of our School.
This successfully completes the “triple crown” re-accreditation cycle on my watch as Director and USB therefore remains a member of the exclusive group of less than 90 business schools around the world with this level of peer recognition.
I record my sincere gratitude to the staff in the USB cluster, the support from the University of Stellenbosch leadership, the commitment of our Advisory Board, and the endorsement from alumni and business associates.