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European Foundation for Management Development The European Foundation for Management Development (EFMD) is an international not-for-profit association, based in Brussels, Belgium. Europe's largest network association in the field of management development, it has over 800 member organizations from academia, business, public service and consultancy in 80 countries (as of November 2014). EFMD provides a forum for networking in management development. EFMD operates the European Quality Improvement System (EQUIS), which is one of the leading international systems of quality assessment, improvement, and accreditation of higher education institutions in management and business administration. It is comparable to its American equivalent AACSB and provides a forum for information, research, networking and debate on innovation and best practice in management development. The foundation also runs the EPAS accreditation system as well as the EFMD Deans Across Frontiers development programme (EDAF) and the Business School Impact Survey (BSIS). == Types of accreditation ==
While the EQUIS certification process, which is valid for an entire school (or faculty), is the main type of accreditation EFMD offers, there are a variety of other accreditations available. With EPAS 〔(【引用サイトリンク】url=http://www.efmd.org/index.php/services-for-business-schools/epas-accreditation )〕 it is possible for business schools to have certain degree programs accredited rather than the entire school. This variant somewhat resembles the AMBA (Association of MBAs) accreditation, as the London-based Association accredits the school's entire portfolio of MBA programs, but does not accredit the entire business school. EFMD also offers an accreditation for technology-enhanced learning (CEL) and for corporate learning (CLIP).
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