The European Quality Improvement System (EQUIS) is a framework designed to enhance the quality of business education in Europe. It focuses on evaluating and improving the standards of business schools and their programs, ensuring they meet international benchmarks. EQUIS is managed by the European Foundation for Management Development (EFMD), which promotes excellence in management education. EQUIS accreditation is awarded to institutions that demonstrate a commitment to continuous improvement and high-quality education. The system assesses various aspects, including teaching quality, research output, and the school's impact on society. By achieving EQUIS accreditation, schools can enhance their reputation and attract students globally.