Civil Rights
Movements, leaders, victories and the continuing fight for equality.
Explore the people, places, events, achievements, struggles and stories that shaped our journey.
Movements, leaders, victories and the continuing fight for equality.
Innovation, patents, science, technology and world-changing contributions.
Pioneers, champions, Negro Leagues, records, activism and excellence.
Meet the people whose lives, choices and achievements shaped the journey.
Black towns, communities, institutions and places where history happened.
Moments that changed communities, movements, institutions and the nation.
In August 1908, a white mob attacked Springfield, Illinois’s Black community, destroying homes and businesses and lynching two Black men. National outrage over the violence helped spur the movement that created the NAACP the following year.
MORE →Reflects the personal views, recollections, and perspective of the author, Mike Davis.
This is a personal recollection on the Move fire on May 13, 1985
| Abbreviation | EFMD |
|---|---|
| Formation | 1972[1] |
| Type | Not-for-profit organization |
| Headquarters | Brussels, Belgium |
Region served | Global |
| Members | Over 90 in 95 countries |
Chief Executive Officer | Eric Cornuel |
| Website | efmdglobal |
The European Foundation for Management Development (EFMD) is an international not-for-profit association based in Brussels, Belgium. It is Europe's largest network association in the field of management development with over 990 member organizations from academia, business, public service and consultancy in 95 countries (as of August 2025). EFMD provides a forum for networking in management development.[2][3]
EFMD operates the EFMD Quality Improvement System (EQUIS), which is one of the major international systems of quality assessment, improvement, and accreditation of higher education institutions in management and business administration.[4] It is comparable to its American equivalent Association to Advance Collegiate Schools of Business (AACSB) and provides a forum for information, research, networking and debate on innovation and best practice in management development.[5]
The foundation also runs other accreditations and certifications for business schools, including the EFMD Programme Accreditation System (formerly EPAS) for individual programmes, the EFMD Deans Across Frontiers development programme (EDAF), and the Business School Impact System (BSIS).[6] For corporate learning functions, it offers the Corporate Learning Improvement Process (CLIP) accreditation and the Learning Impact for Today and Tomorrow (LIFT) certification.[7]
EFMD was established in 1972 as the result of the merger of two earlier initiatives: the European Association of Management Training Centres (EAMTC), founded in 1959, and the International University Contact for Management Education (IUC), created in 1952.[8] From the outset, its aim was to strengthen management education and development in Europe and beyond, and to build bridges between academia and business practice. The first meeting of deans and directors took place in 1973, and by then EFMD had already reached 193 members.[9] In 1980, EFMD launched its first international project in China (CEMI), which led to the creation of the China Europe International Business School (CEIBS) in 1994.[10]
The organization expanded in the following decades. It introduced the Case Writing Awards in 1989 and the EFMD Quality Improvement System (EQUIS) in 1997.[11][12] The Corporate Learning Improvement Process (CLIP) followed in 2003.[13][14] EPAS, launched in 2005, evolved into EFMD Accredited in 2020.[15]
In the 2010s, EFMD created the EFMD Deans Across Frontiers (EDAF) programme (2011)[16] and established the EFMD Global Network (2012), with offices in Hong Kong, Miami, Geneva, and Prague. New regional projects were developed in Latin America and Africa.[17] The Business School Impact System (BSIS) was launched in 2014.[18] Online Course Certification System (EOCCS) followed in 2016,[19] while the Executive Academy was created in 2017.[20] EFMD celebrated its 50th anniversary in 2022.[21]
EFMD’s activities connect academia, business, and policy to improve management education globally.
Membership began with around 193 European member institutions in 1973.[9] By 2025, its membership had grown to approximately 990 organisations across 95 countries. Membership categories are tailored to academic institutions, corporations, and other organisations, and provide access to accreditation, events, research, and knowledge sharing.[22]
EFMD is governed by a Board of Directors, elected from its membership, which defines the organization's general policy and strategy. It includes a Chair, Vice-Chairs, and members from academia and business sectors across the globe.
Day-to-day operations are led by the President of EFMD Global, Eric Cornuel, who has held the position since 2000.[23]
EFMD provides accreditation and certification frameworks for both business schools and corporate learning organisations. Its main systems include EQUIS (institutional accreditation for business schools).[24] The evaluation considers governance, faculty qualifications, research, degree portfolio, student services, internationalisation, ethics, and connections with the corporate world.[25] Accreditation is normally granted for three or five years, depending on the strength of the school’s performance. EQUIS is one of the major global benchmarks for business school quality.[26][4] EFMD Programme Accreditation, a programme-level accreditation, and BSIS (Business School Impact System), which assesses the societal and economic contributions of institutions. It also offers EDAF (EFMD Deans Across Frontiers), which provides developmental mentoring for schools, as well as CLIP (Corporate Learning Improvement Process) and LIFT (Learning Impact for Today and Tomorrow), which evaluate corporate learning functions.[27]
EFMD organises a range of global conferences and seminars, including annual, deans, and other thematic gatherings, to convene leaders in management education and corporate learning.[28][29]
Since 2002, EFMD has organised professional development programmes for academic leaders, administrators, and career service staff. These programmes are structured around leadership skills, institutional management, and knowledge exchange among participants.[30]
EFMD’s International Projects Department manages externally funded projects, many supported by the European Union. Since its creation, it has coordinated over 70 projects in more than 60 countries. These initiatives focus on topics such as digitalisation of higher education, internationalisation strategies, inclusivity, gender equality, and entrepreneurship.[31][32]
EFMD publishes Global Focus, a magazine covering trends, research, and commentary in management education and corporate learning.[33][34] It also maintains the EFMD Blog, which reports on activities, case studies, and updates from the network.[35] In addition, EFMD collaborates with knowledge producers such as CarringtonCrisp, GMAC, and other research organisations to produce reports on developments and trends in management education.[34][36][37]
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The European Foundation for Management Development (EFMD) is an international not-for-profit association based in Brussels, Belgium. It is Europe's largest network association in the field of management development with over 990 member organizations from academia, business, public service and consultancy in 95 countries (as of August 2025). EFMD provides a forum for networking in management development. EFMD operates the EFMD Quality Improvement System (EQUIS), which is one of the major international systems of quality assessment, improvement, and accreditation of higher education institutions in management and business administration. It is comparable to its American equivalent Association to Advance Collegiate Schools of Business (AACSB) and provides a forum for information, research, networking and debate on innovation and best practice in management development. The foundation also runs other accreditations and certifications for business schools, including the EFMD Programme Accreditation System (formerly EPAS) for individual programmes, the EFMD Deans Across Frontiers development programme (EDAF), and the Business School Impact System (BSIS). For corporate learning functions, it offers the Corporate Learning Improvement Process (CLIP) accreditation and the Learning Impact for Today and Tomorrow (LIFT) certification.
The EFMD Quality Improvement System (EQUIS) is a business school accreditation run by the Brussels-based European Foundation for Management Development (EFMD). EQUIS accredits higher education institutions of management and business administration, and is considered one of the triple accreditation. As of September 2025, EQUIS has accredited 228 institutions in 45 countries around the world. In 2022, EQUIS suspended all higher education institutions in Russia from its ranking.
Institut Mines-Télécom Business School (formerly known as INT Management from its foundation in 1979 to its rebranding in 2009 then Telecom Business School from 2009 to 2018) is a French state-funded Management School, a member of Institut Mines-Télécom, the biggest group of engineering and management graduate schools in France. It is also a member of the Management School Chapter of the Conférence des Grandes Écoles, of EFMD (European Foundation for Management Development), AACSB (Association to Advance Collegiate Schools of Business) and accredited by the Association of MBAs for its Masters in Management Program. The business school was initially founded as the corporate university of Orange Group, the first telecom operator in France and formerly a public company. It is now fully independent from Orange though many partnerships remain in research, training and other different programmes. The school offers programmes taught in French or English, from bachelor level to PhD. Its main programme is the Masters in Management programme (aka Programme Grande École). The graduates from this programme are highly reputed among recruiters in France and abroad for their ability to work with engineers. It was ranked 75th (2019) by the Financial Times.
The Paris School of Business (PSB), formerly ESG Management School, is a business school and a grande école located in Paris and Rennes in France. It offers BBA, MBA, MSc, MIM, DBA, and executive education courses in English and French. PSB is a member of the Conférence des Grandes Écoles. It is accredited by the Association to Advance Collegiate Schools of Business (AACSB) and the Association of MBAs, and it has programme accreditation from the European Foundation for Management Development for its Master in Management course.
Before the 1921 destruction of Tulsa’s Greenwood District, Black residents had created a remarkable center of business and community life. The district included stores, professional offices, entertainment venues and homes owned by Black citizens. Understanding Greenwood means learning what was built—not only what was burned.
MORE →Madam C.J. Walker