IIM Indore gets ‘Triple Accreditation’. Second IIM to receive the ‘Triple Crown’ in India. Only 90 other business schools in the world have the Triple Crown
Indian Institute of Management Indore (IIM Indore) has been awarded the EFMD Quality Improvement System (EQUIS) accreditation by EFMD, a globally recognized international organization for management development.
The EQUIS Accreditation Board voted to confer EQUIS Accreditation on IIM Indore on December 10, 2019. IIM Indore is now the second IIM in the nation to receive triple accreditations, bringing glory to the Institute with a ‘Triple Crown’, i.e. receiving all the three prominent accreditations — Association of MBAs (AMBA, UK); The Association to Advanced Collegiate Schools of Business (AACSB, USA); and EQUIS, European Union.
“This puts us on the world stage among less than 100 institutes who have the distinction of having the triple Accreditation”Professor Himanshu Rai, Director, IIM Indore
This combination of accreditations is held by less than one percent of business schools in the world, granted by the largest and most influential business school accreditation agencies. As of March 2019, the ‘Triple Crown’ was received by only 90 business schools globally, out of the 13,000+ schools offering business degree programmes.
“This puts us on the world stage among less than 100 institutes who have the distinction of having the triple Accreditation. This marks the culmination of years of hard work put in by our institute, with a single minded determination to be a world class institution that aspires to global benchmarks to contribute to nation building,” Professor Himanshu Rai, Director, IIM Indore, said.
The EQUIS accreditation and the triple crown will make us a favored destination for schools across the globeProfessor Himanshu Rai, Director, IIM Indore
“Business schools around the world are looking at IIM Indore for the socially conscious courses and programs that we offer. We were awarded the prestigious Rural Engagement Programme and the Himalayan Outbound Programme, and students across countries want to join us in our endeavors. The EQUIS accreditation and the triple crown will make us a favored destination for schools across the globe,” he added.
EQUIS accreditation is the most comprehensive institutional accreditation system for business and management schools. It is acknowledged worldwide by potential students, faculty, employers, corporate clients and the media; often a pre-requisite for an entry into the ranking system.
EQUIS accreditation ensures a rigorous quality control that benchmarks a school against international standards, in terms of governance, programmes, students, faculty, research, internationalization, ethics, responsibility and sustainability, as well as engagement with the world of practice. EQUIS covers all the activities of a school, including degree and non-degree programmes, knowledge generation and contribution to the community. Currently, there are just 40 schools in Asia that has received the EQUIS accreditation.