Korea University Business School (KUBS) Achieves EQUIS 5-years accreditation for 3 consecutive years

After achieving Korea’s first EQUIS accreditation, continues its success for 3 consecutive years... prove its world-class education level through business education accreditation.

Korea University Business University (Dean Johngseok Bae) has succeeded in accrediting EQUIS (EFMD Quality Improvement System) business education for three consecutive years by the European Foundation for Management Development (EFMD).

EFMD strictly evaluates 10 items including for EQUIS accreditation: △ Vision △ Strategy △ Education Environment △ Quality of Curriculum △ Quality of Faculty △ Internationalization △ Student Qualification. Since EQUIS is very strict in its screening criteria, only 191 schools around the world has it, including the University of Cambridge, Beijing University, and the National University of Singapore.
 

Originally, the review was scheduled to be conducted by an EFMD review team visiting KUBSin May 2020, but it was postponed once due to the COVID-19 situation and then conducted online in December 2020. However, in online screening process, interviews were conducted for various members, including △ Professor △ Staff △ Students △ Graduates by Course, and so on.

After a three-day in-depth review, the review team gave an excellent evaluation of the research capabilities and educational environment of KUBS, which is closely related to actual cases. In particular, the team praised the competitiveness of KUBS, saying, "It is very impressive that the KUBS have established a Business Analytics course and Center for Digital Transformation and Business to meet the demands of the 4th industrial revolution society."

As a result, KUBS achieved EQUIS accreditation for the first time in Korea in 2007, and succeeded in five-year certification in all three re-accreditation reviews, earning it a "Special Re-accreditation" status. Through this privilege, five years later, the five-year accreditation can be extended again through a simple screening process.
 

Dean said, "Korea University business school proved that it is a business university suitable for global standards by successfully accredited by EQUIS for the first time in Korea for three consecutive times." He added, "Korea University Business School's efforts to not settle for this, lead the rapidly changing times, and foster social leaders with character will continue."

Meanwhile, Korea University Business School is the first university in Korea to earn AACSBBusiness Accreditation throughout its entire degree programs, and has been selected as the nation's only full member of the CEMS Global Alliance.