Accreditations: EQUIS, AACSB, AMBA
Since 2015, WU has held triple accreditation by EQUIS, AACSB, and AMBA, the 4 most prestigious accreditation agencies for business and economics universities. Only 3 universities in the CEE region*, 7 universities in the DACH region, and fewer than 1% of universities worldwide can claim triple accreditation from these organizations.
* This includes the following CEE countries: CZ, EE, HU, LV, LT, PL, SK, SI, AL, BA, BG, HR, MK, ME, RO, RS, XK, BY, MD, RU, UA, AT
EQUIS (EFMD Quality Improvement System) was introduced in 1998 as part of the European Foundation for Management Development, an organization dedicated to supporting research and teaching in the fields of economics and business. After its initial accreditation in 2007, WU was awarded the maximum five-year re-accreditation in 2013 and in 2018. To fulfill EQUIS’ high quality standards, WU is subject to regular, comprehensive reviews. Strategic development, internationalization, connections to the business community, and quality management are particularly important criteria in this process.
AACSB International (The Association to Advance Collegiate Schools of Business) was founded in the USA in 1916, making it the world’s oldest accreditation agency for business and economics universities. AACSB-accredited schools are reviewed on a regular basis to ensure that standards of international excellence and continuous improvement are maintained. Based on the AACSB mission statement, the agency evaluates schools’ degree programs and their further development, faculty qualifications, research output, and continuing education and career opportunities for graduates. WU is proud to be re-accredited for another 5 years in 2020, following its initial accreditation since August 2015, and to continue to carry the AACSB seal in recognition of its outstanding achievements.
AMBA (The Association of MBAs), instituted in London in 1967, is a quality assurance seal awarded to select postgraduate programs around the world. As the first and still the only Austrian MBA provider, the WU Executive Academy was awarded the international quality seal AMBA (Association of MBAs) in 2010. In 2019, the WU Executive Academy was successfully accredited for another 5 years and is committed to maintaining standards and promoting innovation in global postgraduate management education.