GSOM SPbU first Russian business school to receive ‘triple crown’

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The Graduate School of Management at St Petersburg University is the first school in Russia to receive accreditation by the three most influential international associations: EQUIS, AMBA and AACSB. According to statistics, only one of 100 business schools in the world is afforded such honour.

In November 2021, the accreditation by the AACSB (Association to Advance Collegiate Schools of Business) was granted. This accreditation confirms that the business school is committed to transforming the education in view of international market demands integrating cutting edge technologies and best practices into the teaching and learning process.

Commitment to success in the global academic environment has been in the core of the School’s strategy since its foundation in 1993. The Graduate School of Management has been gradually moving towards the established goal. In 2008, the School’s progress was distinguished by the AMBA (the Association of MBAs) and in 2012 – by the EQUIS (the European Quality Improvement System). The AACSB accreditation allowed for the Graduate School of Management to receive the status of a Business School with a ‘triple crown’ accreditation.

Today, only about 100 universities out of 18,000 universities worldwide have all three accreditations. In the academic environment, a ‘triple crown’ accreditation confirms the highest standard of the education quality.

‘The Graduate School of Management at St Petersburg University is the first in Russia to receive the highest international status in the form of a “triple crown” accreditation. It establishes Russia in the map of the best business schools in the world enabling Russian business education to compete with international universities. In 2006, President of Russia Vladimir Putin set the task to create a Russian business school of a global level to train leaders capable of solving global economic problems and increasing the competitiveness of specific economic sectors as well as the country as a whole. We have successfully completed this task. The diploma of St Petersburg University becomes even more valuable both for the graduates and for the employers in Russia and beyond,’ said Sergey Ivanov, Special Representative of the President of the Russian Federation for Environmental Protection, Ecology and Transport, Chairman of the Advisory Board for the Graduate School of Management at St Petersburg University.

‘Acclaim of this level is a result of many years of work by the staff at the Graduate School of Management and the whole team of St Petersburg University on the development of business education. We introduce advanced approaches to education, invite the best experts and opinion leaders, implement innovative projects on the basis of the Graduate School of Management at the University. I am confident that this achievement will inspire our students and teachers to reach new academic and scientific summits and will become a new seal of excellence for employers that have always regarded St Petersburg University’s diplomas as a guarantee of excellent training,’ remarked Nikolay Kropachev, Rector of St Petersburg University, Corresponding Member of the Russian Academy of Sciences.

‘Receiving a “triple crown” accreditation by the Graduate School of Management is the highest recognition on the part of the global academic community. Sustainable implementation of the proper development strategy and active support on the part of the trustees, which enabled the Graduate School of Management at St Petersburg University to be one of the first in Russia to incorporate cutting edge digital technologies and best practices into the teaching and learning process, made this success possible. This achievement is a well-deserved result of the hard work by the whole staff of the Graduate School of Management as well as all graduates and partners of the business school,’ underscored Olga Dergunova, Deputy President and Chairman of VTB Bank Management Board, Director of the Graduate School of Management at St Petersburg University.