Indian Institute of Management Kozhikode (IIMK) has been awarded the EFMD Quality Improvement System (EQUIS) Accreditation, the globally recognised international organisation for management development. IIMK is the fifth IIM to receive EQUIS accreditation, and the sixth management institution in the country. The B-school had earlier been accredited by the UK based Association of MBAs (AMBA) in 2010, the first IIM to be accredited by AMBA. The institute now joins the ‘Double Crown’ accreditation status.
The EQUIS Accreditation Board of EFMD (European Foundation for Management Development) responsible for conferring accreditation to Institutions, voted to confer EQUIS Accreditation on IIM Kozhikode.
‘World-class education’
Prof Debashis Chatterjee, Director IIM Kozhikode, speaking on this achievement, said “Indian B-Schools are not just knocking at the doors of gaining global recognition, but are bringing down the wall of divide to offer world-class, affordable education to deserving students. The management learning embedded in the ethos of Indian Thoughts is the fulcrum on which the future thought leaders will thrive in the coming decades.
“IIMs should lead the charge in participating in worldwide admission process. A greater degree of freedom in attracting foreign students as a lucrative and quality education hub will override the current systemic problems and lead us to a path of global recognition to be among the best in the world.”