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EFMD Awards EQUIS Accreditation to AUC, KEDGE and Frankfurt

BRUSSELS, BELGIUM -- (Marketwired) -- 06/24/14 -- EFMD would like to warmly congratulate

--  The American University in Cairo, School of Business, Egypt
--  KEDGE Business School, France
--  Frankfurt School of Finance & Management, Germany

who have just been awarded EQUIS accreditation. This takes the number of accredited schools to 147 across 40 countries.

"Internationally mobile students as well as companies who work with business schools to develop their most promising talent all have an interest in whether a business school is accredited, and if so, by whom," explained Professor Dr. Udo Steffens, President of Frankfurt School. "This is where EQUIS plays an absolutely vital role, by helping us to attract top talent from all over the world to study at our business school. This both strengthens us and raises Frankfurt's profile as a leading business centre."

"The creation of KEDGE BS was challenging for all staff and the support and understanding of the EFMD was essential to our progress. As the EQUIS criteria underpins our vision of an international school, it is particularly motivating to have achieved accreditation following our merger. The input from EQUIS was a caring balance of praise and focused criticism that will guide and motivate us for the future. We want to offer the best in personal and professional development and EQUIS helps us to do so," said Dr. Philip McLaughlin, Acting Dean and Director, KEDGE Business School.

"AUC School of Business has been working relentlessly and passionately over the last five years with its different stakeholders to create a culture of change and continuous improvement and to transform assessment and accreditation from being a destination to being the ongoing driver for bettering our program and service offerings to cater to the needs of the society. It is invaluably inspiring to see the school, over such a short time despite the developments taking place in Egypt, become EQUIS accredited consequently triple-crowned and making it in a better position to serve its community," said Dr. Sherif Kamel, Dean, School of Business, The American University in Cairo.

The benefits of accreditation include:

--  Information for the global education market on the basis of substance
--  International recognition of excellence: international development
--  Mechanism for international benchmarking with the best
--  Sharing of good practice and mutual learning
--  Agenda for quality improvement and future development
--  Acceleration of quality improvement in international management
--  Legitimacy to internal and external stakeholders that you have a strong
    international reputation (donors, alumni, government) and that your
    school meets the high standards of the best business schools in the
--  Become part of a network of top schools to develop relationships with
    fellow EFMD accredited schools for research, exchanging best practices
    on programmes, etc.
--  International Legitimacy vis-a-vis - recruiting international students;
    creating double degree partnerships; forming international exchange
    relationships; recruiting executive development custom programme
    clients; recruiting new faculty

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

About EFMD

EFMD is a leading international network of business schools and companies (830 members/82 countries) at the forefront or raising the standards of management education and development globally. EFMD runs the EQUIS and EPAS accreditation systems as well as the EFMD Deans Across Frontiers development programme (EDAF) and the Business School Impact Survey (BSIS). EFMD is one of the key reference points for management education worldwide. More information about EFMD is available via efmd.org, the EFMD blog and @EFMDnews on Twitter.

Matthew Wood
+ 32 479 473 999

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