Austria’s Bundesministerium für Wissenschaft und Forschung has recently published a decree allowing business schools to get accreditation from EFMD via EQUIS or EPAS, instead of the Quality Assurance and Accreditation Austria.
The 25-page “Act on Quality Assurance in Higher Education” explains the establishment of the agency and its bodies as well as financial management and accounting. In section 4 “Principles and Procedures of Quality Assurance” paragraphs 18 and 19 are of interest, from an EQUIS and EPAS perspective. The decree came into effect on November 1, 2013 “Gesamte Rechtsvorschrift für Hochschul-QualitätssicherungsagenturenV” and is in German.
"This is an important step in the recognition of EQUIS and EPAS accreditation by national bodies and shows another side to the many benefits of going through the accreditation process" said Michael Osbaldeston, EFMD Director Quality Services. You can find more information of EQUIS and EPAS in the EFMD Quality Services Portfolio brochure. If you have any questions or would like further information please contact the Quality Services department at EFMD.