The School of Business and Economics is one of less than 1% of business schools in the world to have achieved accreditation from all three major international accrediting bodies: The Association to Advance Collegiate Schools of Business (AACSB International), the Association of MBAs (AMBA), and EQUIS accreditation from the European Foundation for Management Development (EFMD).
Awarded in 2014 by the longest-serving global accrediting body for business schools, The Association to Advance Collegiate Schools of Business, AACSB International accreditation recognises the School as meeting standards of excellence in its mission statement, exceptional teaching environment, innovative programming and active engagement with industry.
AACSB International accreditation is the hallmark of excellence in business education and is currently awarded to less than 5% of the world’s 15,000 business programmes. It assures students, corporate clients and employers that we carry out globally recognised research and teaching, and that we produce graduates who are ready to perform in today’s demanding global business environment. AACSB accreditation also confirms that we are committed to ongoing improvement to ensure that we will continue to deliver high-quality education.
The School is one of just 1% of business schools in the world to be EQUIS accredited by the European Foundation for Management Development (EFMD); an accreditation that classifies the School as being a leading provider of education and research in business, economics and finance.
Among the factors assessed by EQUIS are the academic quality and professional relevance of all programmes, the degree of engagement with business and industry, the quality of facilities and the learning environment, and the level of an institution’s commitment to internationalisation.
Originally accredited in 2008, the School was reaccredited in 2011 and again in 2014, further reinforcing the School’s position as a globally recognised institution that continues to raise the standard of management education worldwide.
In August 2015, the Association of MBAs (AMBA) re-affirmed the international credibility and value of Loughborough University's MBA programmes by re-accrediting each of them. AMBA accreditation represents the highest standard of achievement in postgraduate business education, and is recognised by students, companies and industry as an assurance of quality.
Only a select group of MBA programmes are accredited by AMBA and Loughborough University has held the status for well over a decade.
Small Business Charter Award
In June 2014 the School of Business and Economics was presented with a Small Business Charter (SBC) Silver Award and became one of the first UK business schools to receive chartered status. Since then, the Association of Business Schools have been merged the awards into a single award which the School is proud to retain.
The SBC award:
- demonstrates excellence and deep engagement with business, particularly SMEs;
- pinpoints destinations for start-up and business growth advice;
- anchors small business support with big infrastructure;
- provides a tangible window for students and businesses to engage.
The School of Business and Economics already has an established record of supporting SMEs and business start-ups, including providing research consultancy to a wide range of organisations, engaging in SME and entrepreneurship-focused research and helping students to recognise the value of undertaking a professional placement in an SME or as their own start-up company for their third year. Find out more about how SMEs can work with the Glendonbrook Centre for Enterprise Development>
The Small Business Charter works first by identifying and recognising those business schools that are best able to demonstrate their commitment to the small business sector, and then by making them more visible and accessible to both small businesses and students.
Award-winning schools collectively offer on-site incubators with dedicated space for students and small businesses to start up and grow, a dedicated Small Business Growth and Leadership programme driving real impact, and a strong full-time support network of alumni and local business experts to support both students and small businesses.