The EQUIS accreditation is without a doubt WU’s most important international quality assurance standard. The limited circle of EQUIS accredited business schools includes only 131 universities in 38 countries (as of June 2011). WU is the largest of the EQUIS accredited schools in Europe, and one of only five accredited universities in the German-speaking world.
A clear mission statement and a modern and comprehensive selection of degree programs in line with the Bologna reform process convinced the EFMD (European Foundation for Management Development), the agency that grants EQUIS accreditation, that WU is worthy of this distinction. Quality and practical relevance of teaching, as well as the international orientation of the academic programs, were further criteria. Graduates’ qualifications and research activities were also evaluated, and all of these aspects, together with WU’s continuing education program portfolio, formed the basis for the panel’s positive decision.
EQUIS accreditation and the quality control process preceding it have added to WU’s reputation both in Austria and abroad. To meet the quality regulations, WU is subject to continuous and comprehensive quality assurance procedures. Important criteria for these procedures include:
› The university’s strategic development
› Internationalization
› Connections to the business community
› Quality management