MBA students want globally recognised degrees
Good education practices are universal. The challenge is to make them locally relevant
Should business education technocrats in London, Brussels and Florida be dictating standards to business schools in Africa? Opponents of international accreditation agencies say they impose Western standards on the rest of the world. Supporters say they improve the quality of business education by forcing schools to raise their game. Whatever people’s views, there’s no denying that in SA there is a growing desire among business schools for international endorsement of what they do. There are three main accreditation bodies: the London-based Association of MBAs (Amba); the European Foundation for Management Development (EFMD), in Brussels; and the Association to Advance Collegiate Schools of Business (AACSB), which operates out of Tampa, Florida, in the US. Amba limits itself to MBA programmes. The other two measure schools’ overall activities. The EFMD’s accreditation is known as Equis, or EFMD Quality Improvement System. A fourth body, the Central & East European Management Develop...
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