Korea University Business School Completes EQUIS Reaccreditation Review…

Results to Be Announced in May

In February, Korea University Business School completed the on-site review for EQUIS reaccreditation, an international accreditation awarded by the European Foundation for Management Development (EFMD). This review was conducted as part of the Special Reaccreditation process, following three consecutive five-year accreditations. Over two days, the review panel visited the Business School and conducted a comprehensive evaluation across all EQUIS standards. The results are scheduled to be announced in May. 

EQUIS accreditation is one of the leading international accreditations for business schools worldwide and is known for its rigorous and highly selective evaluation process. A five-year accreditation is granted when an institution meets all ten EQUIS standards—including program quality, faculty, research and academic activities, internationalization, and social responsibility and sustainability—and demonstrates a high level of strategic stability. A three-year accreditation may be awarded if the standards are met but there remain areas requiring improvement. If there are structural deficiencies that prevent the institution from meeting core standards, accreditation may not be granted. 

Korea University Business School first obtained EQUIS accreditation in 2007, becoming the first institution in Korea to do so, and has since achieved three consecutive five-year reaccreditations. This latest review represents an important opportunity to reassess the School’s international competitiveness and educational quality and is expected to reaffirm the School’s commitment to continuous innovation and its global-standard educational capabilities. 

During the review period, the evaluation panel conducted interviews with a wide range of stakeholders, including the School’s leadership, full-time faculty, undergraduate, graduate, and MBA students, alumni, and corporate partners, to examine the School’s operations and educational outcomes from multiple perspectives. The visit was conducted based on a self-assessment report submitted in advance, and the panel comprehensively reviewed the School’s strategic direction, research competitiveness, student experience, corporate engagement, and degree of internationalization. In particular, the process of gathering diverse stakeholder perspectives provided an opportunity to highlight the School’s strengths and assess its future potential. 

Byung Cho Kim, Associate Dean for Planning at Korea University Business School, who oversaw the EQUIS reaccreditation process, stated, “This review was a meaningful process to comprehensively evaluate the educational and research capabilities of Korea University Business School, as well as its global network and industry collaboration achievements,” adding, “We will continue to strengthen our position as a world-class business education institution through ongoing innovation.”