Recently, the College of Business of Shanghai University of Finance and Economics has received an official confirmation letter of EQUIS accreditation renewal. The school has been successfully re-accredited by EQUIS for a period of 5 years.
EQUIS (EFMD Quality Improvement System) is a quality accreditation system for business schools established by the European Foundation for Management Development (EFMD). Renowned for its rigorous evaluation, EQUIS, alongside AACSB and AMBA, is recognized as one of the three most respected international accreditation systems for business schools.
The re-accreditation process closely aligns with the procedures of initial accreditation. It emphasizes the overall development of the school, including the aspects such as strategic planning, degree programs, student, faculty and academic research. The system also reviews the quality of senior management, resource management, internationalization, ethics, corporate social responsibility, sustainability and connections with the practice. Furthermore, efforts that has been made by the school since the last accreditation review has been emphasized and reviewed. Following evaluations, the peer review team praised the achievements made by the school since its initial accreditation. The peer review team provided valuable recommendations for continued improvement in the future.
It is an important approach to enhance the school's global reputation by participating in international accreditations. SUFE College of Business adheres to the principle of "using evaluations to promote construction, improvement and management, and focusing on continuous development." The school has been actively engaging in various business education accreditations. The school has so far been accredited by the China Advanced Management Education Accreditation (CAMEA), AACSB, EQUIS, and AMBA.
In recent years, SUFE College of Business has made remarkable progress in internationalization through developing innovative collaboration models and enhancing resource coordination. Currently, the school has established partnerships with over 100 renowned institutions globally. The collaboration spans Europe, America and Asia. Notable partners include Columbia University, Cornell University and the University of Queensland in Australia, and so on. The school actively participates in international cooperation and exchange programs, such as academic visits, research collaborations, and talent development with international organizations. Moreover, the school conducts dual-degree programs, student exchange initiatives, summer programs, short-term overseas study and global summer camps in cooperation with foreign universities.
Furthermore, the school remains abreast of the latest development in academic research domestically and internationally. It actively engages in theoretical and applied research to develop academic brands with distinctive characteristics. The diverse research activities enhance the academic strength and research atmosphere at school, continuously enhancing its influence at home and abroad.
Taking EQUIS reaccreditation as an opportunity, SUFE College of Business aims to benchmark against globally renowned business schools to continuously promote high-quality development in business education and accelerate the construction of first-class disciplines and high-level business schools. The school strives to become a world-class business school with distinctive characteristics in finance and economics.