The University of Newcastle Business School has been granted European Foundation for Management Development (EFMD) Quality Improvement System (EQUIS) Accreditation, joining the world's leading providers of business education.
EQUIS is the leading international system of quality assessment, improvement, and accreditation of higher education institutions in management and business administration. EQUIS accreditation ensures a rigorous process of quality control, benchmarking schools against international standards.
Dean and Head of Newcastle Business School Professor Abul Shamsuddin welcomed the news and said that EQUIS accreditation was a huge achievement that provided the School with a stamp of excellence.
"This prestigious accreditation reflects the Newcastle Business School's high standards and confirms our position as a leading provider of quality education," Professor Shamsuddin said.
"Our School is committed to inspiring and developing the next generation of business leaders and policy makers and we are proud that our efforts have been internationally recognised in this way."
Pro Vice-Chancellor of the College of Human and Social Futures Professor John Fischetti said the University was very proud of the Newcastle Business School and this hard-earned achievement.
"We can now proudly say with confidence that we have one of the top Business Schools in the world," Professor Fischetti said.
In its assessment the Accreditation Board commended the Newcastle Business School for focusing on student-centred, research-driven teaching with a mission to advance responsible and impactful business knowledge.
"As the Accreditation Board recognised, ethics, responsibility, and sustainability play a central role in the mission of the Newcastle Business School and are embedded across research and learning, inclusive policies, and community outreach," Professor Shamsuddin said.
"The accreditation reinforces that our School strives to make a difference by addressing some of the great challenges society is facing both regionally and globally."
There are currently 204 EQUIS accredited schools across 45 countries globally.
The Newcastle Business School is now one of only three business schools in NSW, accredited by both EQUIS and Association to Advance Collegiate Schools of Business
(AACSB), as well as offering degrees and majors that are accredited with the Chartered Accountants Australia and New Zealand, Certified Practising Accountant (CPA) Australia, the Australian Human Resource Institute, the Australian Marketing Institute.
