Süddeutsche Zeitung reports on Triple Crown Award of TUM School of Management
It is an award for outstanding teaching and research and the crowning glory for many business schools: “Triple Crown”. Only those business schools who receive AACSB (Association to Advance Collegiate Schools of Business), AMBA (Association of MBAs) and EFMD accreditation may bear this title. Worldwide, only 88 out of more than 10,000 business schools can boast this triple accreditation. Three of them are located in Germany and one of them is the TUM School of Management.
TUM School of Management’s dean, Prof. Dr. Gunther Friedl, told the German newspaper Süddeutsche Zeitung about the importance of Triple Crown: “TUM School of Management is internationally oriented, which is why international accreditation is very important to us.” He comments on the differences as follows: “AACSB accredits the entire business school, and the key question is what mission the institution has and whether it has the necessary structures in place to fulfil it.” The EQUIS (EFMD Quality Improvement System) seal of the EFMD focusses more on strategy and evaluates the entire institution, as well. AMBA takes a close look at the quality of individual MBA and Executive MBA programmes as well as students’ qualifications. “AMBA has greatly helped us to standardize and internationalize our MBA programs,” says Prof. Friedl.
The online article of the Süddeutsche Zeitung can be found here (in German only).
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