The value of triple crown accreditation
Each accreditor has a different focus, with AMBA zeroing in on a school’s suite of MBA programmes, as well as other generalist master’s and doctoral degrees, while AACSB and EQUIS review programmes at both undergraduate and master’s level. A business school that meets the requirements of all three organisations, therefore, offers a guarantee of quality that transcends individual programmes and permeates throughout an institution.
Only one per cent of the world’s business schools can claim to possess triple crown accreditation; their stakeholders are thus assured of high standards and peerless quality. This is important to prospective students, many of whom are international, as well as to employers, as they are looking for an external global benchmarking system to provide an independent quality kitemark.
The best prospective students will often narrow their choice of business school to those that have successfully achieved triple crown accreditation. This reflects the institution’s ability to meet ever-evolving international standards of excellence in business and management education.
Triple-crown accredited business schools tend to attract high-quality students and faculty. Moreover, as representatives of the best in the sector, they often have strong alumni networks that can deliver productive relationships with industry and employers, thereby creating a virtuous circle for the benefit of all.