EFMD, the international accreditation organization, has announced that it has awarded EQUIS accreditation to India's IIM Calcutta and China's Wuhan University.
With the new accreditation, IIM Calcutta becomes India's first triple-accredited business school. The school offers various master's-level programs in business, including a PGP—which, in India, is the general equivalent of an MBA.
Wuhan University's Economics and Management School was also awarded EQUIS accreditation. The school is the first in central China to be awarded EQUIS accreditation; the school's MBA and EMBA programs are already accredited by AMBA.
With the new awards, EQUIS now accredits some 161 schools in 40 countries.
To receive AMBA accreditation, a business school must undergo a self-assessment, a peer review, and an assessment by an awarding body. EQUIS looks at various aspects of a business school, including governance, programs, faculty, students, research, and sustainability.
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