[2] In 2022, Equis suspended all higher education institutions in Russia from its ranking.
[5] In the past 20 years of existence, the organization has accredited 189 institutions in 45 countries.
[2] The accreditation is awarded to business schools based on general quality.
The process also takes into account the business school's level of internationalization, which is not a strict requirement for accreditation by the other two major international accreditation bodies: AACSB and AMBA.
[7] EQUIS accreditation can be granted for three years (with annual progress reports on the areas of improvement required) or for five years (with a mid-term progress report on development objectives required).