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International Accreditations

 

Graduate School of Management SPbU is a recognized leader in Russian business education, which is reflected in its obtaining such international accreditations as EQUIS, AMBA, ACCA.

 

 

Institutional accreditation EQUIS (European Quality Improvement System) is the leading international system of quality assessment of higher education institutions in management and business administration that is established by European Foundation for Management Development.

 

EFMD

European Foundation for Management Development  (EFMD) was founded in 1972 as a non-for-profit membership organization in management education. Nowadays it is one of the two main associations of leading business schools in the world, the other is Association to Advance Collegiate Schools of Business (AACSB). EFMD organizes two types of accreditations for business schools: institutional (EQUIS) and programme (EPAS). It also facilitates the networking development between the schools and companies all over the world, creates and spreads the knowledge about best management practices, trends of management development and management education.

 

EQUIS Accreditation

EQUIS accreditation is awarded to business schools and management university faculties that allign to certain quality criteria in ten directions:

  1. Context, Governance and Strategy
  2. Degree Programmes
  3. Students
  4. Faculty
  5. Research and development
  6. Executive Education
  7. Ethics, Responsibility and Sustainability
  8. Resources and Administration
  9. Internationalisation
  10. Corporate connections

The main focus of EQUIS is high academic quality of the degree programs and their management system, high extent of business school internationalization and tight connections with business community.

EQUIS peer-review team includes three experts of academic community (usually Deans or Heads of School) and an expert of EFMD corporate partner. Such leaders of business education as London School of Economics, HEC Paris, ESADE Business School, etc. are awarded the EQUIS accreditation.

 

GSOM SPbU and EQUIS

GSOM SPbU became a member of EFMD in 2006 as a result of external audit focused on alignment to international requirements expected from EFMD members. In November 2011 GSOM SPbU successfully passed eligibility phase of accreditation process and already in October 2012 hosted international accreditation peer-review team for detailed quality assessment of the management processes and programs realization. 11th December 2012 the EQUIS Accreditation awarding board voted to assign EQUIS accreditation to Graduate School of Management SPbU for duration of three years. In 2018 GSOM SPbU successfully went through the procedure of re-accreditation for a second time and was awarded EQUIS accreditation for the three years to come. Graduate School of Management SPbU was the first and still is the only business school in Russia and CIS honored to be awarded the prestigious EQUIS accreditation.

   

 

 

Accreditation AMBA is a world quality standard for EMBA, DBA and MBA programs, established by the MBA Association (AMBA).

 

Association MBA

Association MBA was created in Great Britain in 1967 aiming to support and promote MBA programs in the world and provide their best quality. Association facilitates the interaction of the leading business schools of the world, potential MBA students and alumni, along with companies recruiting worldwide.

 

AMBA Accreditation

AMBA accreditation is awarded to the programs EMBA, DBA and MBA that align with the quality standards of the Association according to the following directions:

  1. Institutional integrity, Sustainability and Distinctiveness
  2. Faculty Quality and Sufficiency
  3. Programme Design and Leadership
  4. Student Cohort Experience
  5. Competences, Graduate Attributes and Learning Outcomes
  6. Curriculum Breadth and Depth
  7. Assessment Rigour and Relevance
  8. Delivery and Interaction
  9. Impact and Lifelong Learning

Alignment with these criteria guarantees that the accreditation is awarded only to the programs of the highest quality in the field of management education, taking into account faculty and class interaction.

 

GSOM SPbU and AMBA

Executive MBA program of Graduate School of Management SPbU, which is taught in Russian, went through the internal audit by the international accreditation committee of AMBA in the end of 2007. As a result, in 2008 International Accreditation Board awarded the EMBA program of GSOM SPbU the AMS Accreditation for the maximum possible period of 5 years, which was the first time for a Russian business school.

In the end of 2017 the Executive MBA programs of GSOM SPbU successfully passed an external audit of the AMBA peer-review team for the third time, confirming compliance with the requirements and standards of AMBA, and received accreditation for the next 5 years.

   

 

 

ICAEW Accreditation

The GSOM SPbU Program Bachelor of Management is accredited by the prestigious international professional organization Institute of Chartered Accountants in England and Wales, ICAEW, which unites more than 150,000 members in 160 countries. This accreditation guarantees the high quality of educational program and also allow the students to use the results of 4 curriculum courses while obtaining ICAEW CFAB certificates of the first level.