The European Foundation for Management Development (EFMD) is an international organization dedicated to promoting excellence in management education and development. Founded in 1972, it serves as a platform for business schools, universities, and corporate learning providers to share best practices and enhance the quality of management education across Europe and beyond. EFMD offers various accreditation services, including the prestigious EFMD Quality Improvement System (EQUIS) and the Programme Accreditation System (EPAS). These accreditations help institutions improve their programs and ensure they meet high international standards, ultimately benefiting students and the business community.