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The internationally recognised quality of teaching, research and executive education in St.Gallen is very important for the University. This is why the HSG regularly has itself examined against international quality standards by independent experts and has its quality checked by independent institutions in the context of accreditations.
"This year, EFMD has reaccredited us with the EQUIS seal of approval until 2023."
Since 2001, the University has enjoyed the EQUIS accreditation, which is awarded by the European Foundation for Management Development (EFMD). EQUIS stands for European Quality Improvement System. The EQUIS label is in very high demand internationally; it has been awarded to more than 176 institutions in 42 countries. "This year, EFMD has reaccredited us with the EQUIS seal of approval until 2023," says Dr. Peter Lindstrom, Director of External Relations.
"A reaccreditation is primarily about self-reflection and looking ahead," says Peter Lindstrom. In an extensive self-assessment report, the University looks at ten of the standards prescribed by EFMD: among other things, it reports about the developments in its curricula, research, the range of executive education programmes, as well as its internationalisation strategy. This self-assessment is supplemented by a 180-page report with facts and figures from the last five years. "EFMD also wants to see the student perspective. For this purpose, 21 students compiled their assessment in a 25-page report."
"About 15 discussions with approx. 70 participants, debriefing slots and
meetings with people external to the University took place within a time window of two and a half days."
The University's self-reflection documented in the self-assessment report is then discussed with renowned experts from other universities. In March 2018, Prof. Tim Brailsford, Vice-Chancellor and President of Australia’s Bond University, Prof. Marion Debruyne, Dean of the Vlerick Business School in Belgium, and Prof. Francisco Veloso, Dean of Imperial College Business School in London, visited the University. The regional representative was Bruno Steuerer, Head of Group Learning and Development at Swiss Life. "About 15 discussions with approx. 70 participants, debriefing slots and meetings with people external to the University took place within a time window of two and a half days," says Peter Lindstrom. Questions were asked of, among others, the President's Board, the University's Board of Governors, faculty responsible for executive education, researchers, non-tenured faculty, students from the various levels, as well as HSG alumni. This provided the experts with an insight into the "DNA" of the University of St.Gallen, including its strong points and challenges.
In June 2018, the HSG was informed that it had been reaccredited for another five years. Besides the label, the University was also provided with recommendations about where it stood in comparison with other business schools and where it could further develop and improve. "This is an important plus of the accreditation, for only in this way will we be able to maintain the internationally recognised quality of education in St.Gallen."