On June 26, HNUBS (Business School of Hunan University) received formal notification from EFMD (European Foundation for Management Development) that it had been awarded EQUIS (European Quality Improvement System) accreditation for the first time. Up till now, HNUBS has achieved three major authoritative accreditation: EQUIS, AACSB, and AMBA. It is now officially the 1st in Hunan, the 16th in mainland China and the 10th among “Double First-Class” universities to earn the prestigious “Triple Crown”. According to statistics, among over 16,000 business schools in the world, only less than 1% have obtained the three major international accreditation at the same time.
Group Photo with Peer Review Team
EQUIS accreditation, managed by EFMD whose headquarter is in Brussels, evaluates business school’s international education quality. EQUIS, AACSB and AMBA are known as the three most authoritative and highest-level quality accreditation systems on a global basis. It is worth to mention that EQUIS has an extremely strict evaluation process and a very high-level assessment system. Its evaluation indexes cover every aspects of business school management and development including development strategy, educational programs, faculty qualifications, academic research, students education, alumni relations, executive education, administrative support and resource allocation.
The peer review team consists of four members: Professor Thomas Froehlicher, former Dean and Director General of Rennes School of Business (France), Professor Mayasandra Ravishankar, Dean and Director of Queen's Management School at Queen’s University Belfast (UK), Professor Zhaohua Wang, Dean of the School of Economics at Beijing Institute of Technology (China) and Dr. Donatella De Vita, Global Development Director at Pirelli (Italy) and member of the EQUIS Accreditation Board. The four experts highly praised the achievements our school has made after a four-day on-site evaluation from April 22th to 25th.
International accreditation helps business school to improve its education level and expand its global influence. Adhering to the education principle of openness and cooperation, HNUBS worked hard on international accreditation in the past few years. Through the rigorous assessment systems, the school hopes to speed up its reform and development schedule while improve its management level, integrating the assessment standards into our development targets. After going through the accreditation processes, HNUBS established internationalized education system and boosted its academic and research strength from various dimensions, building up its global brand. The school will take this as a new start and dedicate to business education featuring on Chinese culture, openness, high-technology, internationalization and practice as always. The ultimate goal of HNUBS is to become a world-class business school with rich cultural heritage and Chinese characteristics by producing business leading talents who knows innovation during business practices in the new era and serving for major national and regional strategies.
