SHENZHEN, China, Nov. 7, 2023 /PRNewswire/ -- In October, Peking University HSBC Business School (PHBS) received EQUIS accreditation for a period of five years. Although a young institution, PHBS has set its sights on global recognition and is now among a select few of the world's best business schools to hold the "Triple Crown": EQUIS, AACSB, and AMBA, awarded by the three most influential business school accreditation organizations. There are 215 EQUIS-accredited schools in more than 40 countries worldwide, and only about 1% of business schools worldwide are triple-accredited.
Established in 1997, EQUIS serves as a rigorous benchmark for business schools to evaluate, accredit and improve their quality in governance, programs, students, faculty, research, internationalization, among others. Its comprehensive and strict peer review process indicates a school's overall quality, viability, and commitment to self-improvement to students, employers, and academic partners around the world.
During the peer review, the Dean of PHBS presented the achievements of the school and shared the strategic roadmap for its future development. Representatives of faculty, staff, students, alumni, and strategic industry partners also participated in the peer review interviews.
Among many quality indicators, the team recognized the high quality of students and teachers, a strong commitment to internationalization, well-designed programs, strict admission and selection of students and, particularly, an excellent professional placement. According to the annual employment report, the initial employment rate of PHBS graduates from MA and MBA programs reached 97.7%, with the majority of graduates securing positions in leading finance and consulting companies.
Highlighting internationalization actions, the team praised four areas: faculty recruitment, student cultivation, international collaboration and development of the UK campus, the first foreign campus opened by a Chinese business school in a Western country. Through alumni and corporate connections, PHBS also develops strong ties with industries and educates students with real-world cases. Therefore, the peer review team noted that the school has strengths in its corporate, political and professional networks in China, especially in the Greater Bay Area.
Located in Shenzhen, PHBS was founded in 2004 with the vision of promoting Peking University's commitment to research in global economics, finance and management, and developing as a center of international excellence in business education. Having multiple accreditations speaks volumes about the school's standards and practices, and will continue to provide students with the knowledge and skills necessary to succeed globally by offering exceptional faculty, impactful research, and the highest standards.
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