Our accreditations - your quality assurance
The decision to pursue an MBA program is probably only made once in a life time and therefore requires a solid decision-making basis. But according to which criteria should one single out the right program from the overwhelmingly large number of offers? The accreditation by an independent quality assurance institution is a crucial indicator because it proves that highest international quality standards are met.
The Professional MBA Entrepreneurship & Innovation is accredited by internationally renowned institutions. The MBA program itself is accredited by FIBAA and, in addition, the WU Executive Academy is accredited by AMBA. The WU Executive Academy, as part of WU Wien, is accredited by EQUIS and holds the AACSB accreditation.
The FIBAA (Foundation for International Business Administration Accreditation) is one of the foremost quality assurance institutions in Europe, with internationally recognized quality standards, and accredits programs of study provided by state and private universities throughout Europe. The aim of the FIBAA is to ensure the academic programs in question are of high quality. The seal of quality of the FIBAA is awarded to educational programs that are particularly worthy of being singled out due to their quality and sustainable nature.
In its accreditation procedure for assessing the quality of a course, the FIBAA verifies the following five core areas:
- Aims and strategy
- Admission procedures
- Design of the course
- Resources and services
- Quality assurance
In addition, the FIBAA seal of quality certifies that the accredited programs demonstrate all the quality traits required of an international MBA program, and it thus has the effect of enhancing the degrees awarded in terms of the international recognition accorded them. The FIBAA examines and, by conferring accreditation, certifies the international focus of the programs in accordance with the "Standards & Guidelines for Quality Assurance in the European Higher Education Area" of ENQA and the "European MBA Guidelines" of the European Quality Link (EQUAL).
The WU Executive Academy is the first and only Austrian MBA provider to receive the internationally renowned AMBA (Association of MBAs) accreditation. This is the result of a comprehensive AMBA quality evaluation process that carefully examines, among other criteria, the institution, the quality and practical relevance of the curriculum, and the qualifications of the faculty and the participants. Together with EQUIS and AACSB, AMBA is one of the world's leading accreditation agencies, accrediting only MBA and DBA programs that meet AMBA's strict quality requirements.
In addition, the WU is the only Austrian and one of only four German-speaking universities that is EQUIS accredited. EQUIS (European Quality Improvement System) is the leading accreditation system of the European Foundation of Management Development (EFMD).
As part of WU, the WU Executive Academy is accredited by Association to Advance Collegiate Schools of Business (AACSB). Alongside AMBA and EQUIS, AACSB is among the most important accreditations for business schools worldwide, standing out for an extraordinary commitment to quality and continual improvement, as well as a strict and cohesive evaluation procedure.
Learn more about FIBAA
(Foundation for International Business
Learn more about AMBA
(Association of MBAs)
Learn more about EQUIS
(European Quality Improvement System)
Learn more about AACSB
(The Association to Advance Collegiate Schools of Business)