If we stick to quality and want to know which is the best business school in the World, we have to refer to the most complete evaluation model, which is that of the European Foundation for Quality Management (EQFM); it is there where we can find the centers that demonstrate a constant form an excellence in the provision of its services.
By Adrian Egea Sempere/MiamiDiario
The Excellence in Management Club has recently awarded IMF Business School el European Seal of Excellence EFQM 500+, being the only business school in the world with this recognition.
Club Excelencia is a Spanish business association that is the only representative of the EFQM in Spain. Its mission is to help transform management and improve corporate results through the European model of Total Quality.
By virtue of this score achieved IMF Academic Institution It has also become part of the EFQM Global Excellence Index in the “silver” category., which is why it has become the best valued business school in this ranking on a global scale.
IMF Business School, first business school in the EFQM Global Excellence Index
IMF started on its path to Excellence in 2012 with its first EFQM self-assessment and has made constant progress thanks to its improvement mechanisms and its determination to provide processes and products of the highest quality.
2019 has been a key year for this educational group which also integrates entities such as the IMF Institute of Business Sciences (ICE), a center attached to the Camilo José Cela University, the IMF University Institute of Applied Technology Private Foundation (IUTA), the Center for Higher Studies in Communication and Political Marketing (CESCOMPOL) and Open UIDE, the online school of the International University of Ecuador.
This year IMF has exceeded the figure of 125.000 students, who belong to 109 different countries, has incorporated its blended learning MBA into The Best Global MBA ranking, of which it was already a part with its full-time version, and has repeated its top positions in the Portal MBA ranking. It also received the Cum Laude accreditation from Emagister for the fifth consecutive year, which is awarded to the entities best valued by students. It has inaugurated a new headquarters where a spectacular Live Room stands out that allows events and masterclasses to be held without borders, with the latest technologies and has launched a new version of its online platform.
IMF was founded in 2001 and is founded and directed by doctors Carlos Martínez (President) and Belén Arcones (General Director), two renowned professionals in the area of Risk Prevention, Training and Employment. As a higher education entity maintains agreements with prestigious entities such as collaborating with Deloitte, EY or Indra.
Its extensive postgraduate offer covers all subjects, in branches such as Technical Sciences and Engineering, Health Sciences and Education, Economic and Business Sciences, Legal Sciences and Social Sciences and Humanities. It also offers sectoral training in areas such as fashion, the tourism sector, sports companies, food, oenology, logistics, pharmacy or in the health sector.
Its International Scholarship Plan that grants and manages, per year, more than 7.5 million euros.
The values of the EFQM model
The EFQM model pursues values that all the organizations that appear in the EFQM Global Excellence Index share: add value for customers, create a sustainable future, build organizational capacity, harness creativity and innovation; lead with vision, inspiration and integrity, manage with agility, achieve success through the talent of people and maintain outstanding results over time.
The motto of IMF is “Education to build a better world”, to this end, its value proposition is based on the following principles: making postgraduate training accessible, offering quality training at competitive prices, betting on new technologies to add value to training, physical proximity to the student through the network international delegations and Associated Centers, personalized academic tutoring system, highly motivated team of professionals, internal commitment of your team, establishing policies that allow professional development based on trust, flexibility and self-demand.
Who are the best in higher education according to the different international rankings?
The educational community considers that the most relevant international rankings in the world they are the QS World University Rankings, the Times Higher Education World University Rankings, the Academic Ranking of World Universities (also called the Shanghai Ranking), and the Scimago Institutions Rankings. They are outstanding world leaders, among others, Harvard University (QS ranking, management area, and also in Shanghai and Scimago), and the University of Oxford (Times).
These rankings have great media relevance but they lack the comprehensive approach based on values that the EFQM model does have. If it is about finding business schools that contribute to building a better world, perhaps we should not look so much towards the United States and a little more towards Europe.