EQUIS seal of approval for five years The European Foundation for Management Development (EFMD) has reaccredited the University of St.Gallen with the EQUIS seal of approval until 2018. The HSG has already had the EQUIS label since 2001. 27 June 2013. EQUIS stands for European Quality Improvement System. The label is very much in demand at an international level and has only been awarded to a few universities in the German-speaking area. The EQUIS seal of approval is issued for three or five years. A university which satisfies the maximum standards will be reaccredited for five years. The University of St.Gallen received this award in June 2013. Progress in internationalisation The EQUIS Awarding Body took particular note of the quality of the University as reflected in its mission and vision statement (Vision 2020) and the associated guiding principles, the substantial progress made in internationalisation both inside and outside the home campus and the developments in the programme portfolio, particularly the exemplary Master in Strategy and International Management (SIM). “Continue to work consistently” “The EQUIS reaccreditation for five years, which we aspired to and have now attained, is an extramural appreciation of the outstanding work in quality and teaching which HSG members at all levels do,” says President Thomas Bieger. “The HSG also wants to develop in the future and will continue to work consistently on issues such as the use of new media in teaching and a better exploitation of synergies between the programmes.” The HSG is one 1 of 4 EQUIS accredited universities in Switzerland. In total there are currently 142 EQUIS accredited business schools in 39 countries.