FIBAA, the German-language accreditation service, has introduced a Premium Seal, which shows the degrees with the highest standards: http://www.fibaa.org/en/programme-accreditation/prog-according-to-fibaa-quality-requirements/quality-seals.html

MCI Innsbruck is the only Austrian school with the Premium Label. In Germany, it has accredited at this level:-
- MBA at Augsburg, Steinbeis University Berlin, WHU and the Nordakademie,
- MSc. at EBS Universität für Wirtschaft und Recht, Frankfurt School of Finance & Management, WHU

It seems like there are a few other schools that now have this Premium Seal (I found it because I am interested in the MBA from HWR Berlin).

What do we know about the standards for this accreditation? Is it something that I should be using a basis for MBA selection? Not many schools have the Premium Seal even now.

If Steinbeis has it, then I would ignore it.

It's kind of a random selection of schools that have this Premium Seal. Some German / Austrian / Swiss programs, and then some in the Netherlands and in Kazakhstan.