Nottingham University Business School in the UK, China and Malaysia has secured a prestigious accreditation as part of the world-leading elite in the field of business education.
The Business School, at The University of Nottingham, has been awarded renewal of the EQUIS accreditation for the maximum of five years.
This achievement places the School among a select global group of business schools which hold the full accreditation. Extensive visits earlier in the year by an international EQUIS peer review team assessed all the School’s operations in the UK, China and Malaysia.
EQUIS is one of the three prestigious accreditation schemes for leading institutions in business education. It is granted and run by EFMD, the European Foundation for Management Development, which is based in Brussels. EQUIS is a mission based accreditation with an international focus and its scope covers the entire School and all its activities.
One of the world’s top business schools
Achieving the coveted accreditation signals the EFMD’s confidence in the School’s quality and allows Nottingham to position itself as one of the world’s top business schools offering an outstanding education.
Uniquely, Nottingham’s EQUIS accreditation applies to all Business School operations on campuses in the UK, China and Malaysia. It is the only UK business school to hold EQUIS accreditation in three locations.
It takes several years to prepare for the rigorous process of accreditation. EQUIS assesses business schools as a whole, including not only all degree programmes but also all activities and sub-units of the institution covering teaching, research, business connections, executive education provision and community outreach, alumni relations, student opinion, administration and resources.
Professor Alistair Bruce, Dean of the Business School, said: “EQUIS focus on a strong interface with the world of business, internationalisation and contribution to the community, which are increasingly important attributes of leading business schools. We are grateful for the involvement of our alumni and corporate friends and associates in contributing to this success.”
Dr Sally McKechnie and Dr Cher Li who led preparations for the accreditation assessments said: “EQUIS is arguably the most stringent of the international business school accreditation bodies. The Business School has introduced significant improvements as a result of the rigorous self-assessment and peer review process of EQUIS accreditation. Our ambition is now to add AACSB (the Association to Advance Collegiate Schools of Business) accreditation to complete the ‘triple crown’.”
Since 1993, Nottingham University Business School has also held accreditation from AMBA, the Association of MBAs, for the quality of its MBA courses. The School recently went through a successful assessment from the AMBA team and was awarded a further five years of accreditation.
Nottingham University Business School has also recently gained accreditation from a number of professional bodies for individual courses, including full accreditation by the Chartered Banker Institute (CBI) for MSc Banking and Finance and MSc Banking and Risk, which means that students graduate with a Chartered Banker Diploma - the gold standard for professional bankers and the highest award available in the banking world.
The School’s BSc Accountancy “Flying Start” is one of only three undergraduate degrees in the UK run in collaboration with PricewaterhouseCoopers (PwC) and the Institute of Chartered Accountants in England and Wales (ICAEW) that offers students paid work placements and the chance to work with PwC when they graduate.
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Notes to editors: The University of Nottingham has 43,000 students and is ‘the nearest Britain has to a truly global university, with a “distinct” approach to internationalisation, which rests on those full-scale campuses in China and Malaysia, as well as a large presence in its home city.’ (Times Good University Guide 2016). It is also one of the most popular universities in the UK among graduate employers and was named University of the Year for Graduate Employment in the 2017 The Times and The Sunday Times Good University Guide. It is ranked in the world’s top 75 by the QS World University Rankings 2015/16, and 8th in the UK for research power according to the Research Excellence Framework 2014. It has been voted the world’s greenest campus for four years running, according to Greenmetrics Ranking of World Universities.
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