Triple accreditation (also known as the triple crown) refers to a business school being accredited by three international organizations: the Association to Advance Collegiate Schools of Business (AACSB) in the US, the Association of MBAs (AMBA) in the UK, and EFMD Quality Improvement System (EQUIS) in Belgium.[1]

Triple accreditation accreditors
Association of MBAs in the United Kingdom
Number of schools worldwide with single, double and triple (AACSB-AMBA-EQUIS) accreditation in 2023

While all three business school accrediting bodies operate globally, most business schools in the US choose to pursue only AACSB accreditation. A total of 129 business schools in the world are triple-accredited as of 2 April 2024.[2]

Triple Accreditation Criteria

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Each of the three institutions assesses a business school according to different criteria and scope:

  • AMBA accreditation examines the Master of Business Administration (MBA) programme portfolio and is intended to show that this "demonstrates the highest standards in teaching, learning and curriculum design, career development and employability, student, alumni and employer interaction."[3]
  • AACSB accreditation looks at the whole business school and is intended to "signify a business school’s commitment to strategic management, learner success, thought leadership, and societal impact." There has been a greater emphasis on diversity and inclusion since the 2020 revision.[4]
  • EQUIS accreditation also looks at the whole business school, and is intended to "signal the school’s overall quality, viability and self-improvement commitment."[5]

Accredidation in the US

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While all three business school accrediting bodies operate globally, most business schools in the US choose to pursue only AACSB accreditation. This preference is influenced by the perception within the US that AACSB accreditation is sufficient. Additionally, the structure of US business schools often does not align with the accreditation standards for AMBA or EQUIS. For example, US business school admissions often do not meet the UK's AMBA requirement that MBA students have a minimum of three years of work experience.[6]

Schools by country

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A total of 129 business schools in the world are triple-accredited as of 2 April 2024.[2]

Argentina

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Australia

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Austria

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Belgium

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Brazil

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Canada

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Chile

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China

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Colombia

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Costa Rica

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Czech Republic

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Denmark

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Egypt

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Finland

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France

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Germany

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Hong Kong

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India

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Ireland

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Italy

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Japan

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Macau

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Mexico

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Netherlands

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New Zealand

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Nicaragua

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Norway

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Peru

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Poland

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Portugal

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Singapore

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Slovenia

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South Africa

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Spain

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Sweden

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Switzerland

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Thailand

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Turkey

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United Kingdom

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United States

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Institutions that were previously triple accredited

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Eleven business schools have previously held triple accreditation but are not triple-accredited as of 2024:

See also

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References

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  1. ^ Andreas Kaplan (7 June 2023). Business Schools Post-COVID-19: A Blueprint for Survival. Routledge. pp. 62–64.
  2. ^ a b "Triple accredited business schools (AACSB, AMBA, EQUIS)". MBA Today. Retrieved 30 April 2024.
  3. ^ "What is Association of MBAs accreditation?". Association of MBAs. Retrieved 16 March 2024.
  4. ^ "Business Accreditation". AACSB. Retrieved 16 March 2024.
  5. ^ "EQUIS". EFMD Global. 12 February 2018. Retrieved 16 March 2024.
  6. ^ Nick Harland (September 2022). "All you need to know about MBA accreditation". MBA Grad Schools. Retrieved 16 March 2024.
  7. ^ "Escuela de Administración UC: Primera escuela de negocios de Chile en obtener las 4 acreditaciones internacionales más prestigiosas del mundo". Facultad de Economía y Administración, Pontificia Universidad Católica de Chile (in Spanish). 29 August 2024. Retrieved 30 August 2024.
  8. ^ "ESSCA". MBA Today. Retrieved 30 April 2024.
  9. ^ "ESSCA". MBA Today. Retrieved 30 April 2024.
  10. ^ "SPJIMR awarded EQUIS accreditation, joins elite group of 'Triple Crown' institutions" (Press release). SPJIMR. 16 December 2024.
  11. ^ "DCU Business School join global top tier with EQUIS accreditation". DCU. 20 May 2024. Retrieved 20 May 2024.
  12. ^ "ISEG obtém acreditação EQUIS e entra no restrito grupo de triple crown business schools (ISEG obtains EQUIS accreditation and joins the select group of triple crown business schools)". ISEG (in Portuguese). 5 July 2024. Retrieved 5 July 2024.
  13. ^ "คณะพาณิชยศาสตร์และการบัญชี มหาวิทยาลัยธรรมศาสตร์ ท่าพระจันทร์ ศูนย์รังสิต".
  14. ^ "Turkey's first and only Triple Crown". 30 April 2021.
  15. ^ "Nottingham Business School joins world top 1% with 'triple crown' accreditation". Nottingham Trent University. 26 April 2024. Retrieved 13 May 2024.
  16. ^ Zoey Tsang (12 March 2008). "Faculty of Business receives triple accreditation". City University of Hong Kong. Retrieved 26 September 2023.
  17. ^ "ESCP boosts its multi-accreditation strategy". ESCP. 6 March 2020. Retrieved 26 September 2023.
  18. ^ "PolyU Faculty of Business achieves triple accreditation". Hong Kong Polytechnic University. January 2010. Retrieved 26 September 2023.
  19. ^ "SKEMA gets AMBA accreditation and triple crown". SKEMA. 9 January 2017. Retrieved 26 September 2023.
  20. ^ "SKEMA deploys its multi-accreditation strategy". SKEMA. 10 March 2020. Retrieved 26 September 2023.
  21. ^ "International honours for Hull University Business School". University of Hull. Archived from the original on 9 April 2011. Retrieved 6 April 2011.
  22. ^ "IESE Annual Report 2019–2020" (PDF). IESE. p. 10. Retrieved 26 September 2023.
  23. ^ "CEMS partner GSOM SPbU is the first Russian business school to receive the triple crown accreditation". 25 November 2021.
  24. ^ "Reseña Histórica". IESA. Retrieved 25 September 2023.