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Audencia Business School

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Audencia Business School is a French grande école and business school located in Nantes , France . The school enrolls 6,100 students from almost 90 countries on bachelors, international masters, specialised masters , MBAs , doctorates and executive education courses.

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26-468: It is one of the only 0.5% of business schools in the world accredited by the Association of MBAs (AMBA), European Quality Improvement System (EQUIS), and the Association to Advance Collegiate Schools of Business (AACSB). Audencia is also BSIS labelled. Audencia was founded in 1900 as the École Supérieure de Commerce de Nantes. Until 1970, the school occupied the building which is today home to

52-422: A United Nations initiative that brings together firms, the business world and the civil society united on ten universal principles relative to human rights , working conditions and the environment . In 2015, the school was reaccredited by the three global accreditations (AMBA, EQUIS, AACSB) for the maximum period of five years. In 2016, the school changed its name to Audencia Business School which includes

78-460: A defined number of European credits ( ECTS ). A student accumulates those credits, which are generally transferable between paths. A Bachelors is awarded once 180 ECTS have been obtained (bac + 3); a Masters is awarded once 120 additional credits have been obtained (bac +5). The highly coveted PGE (Grand Ecole Program) ends with the degree of Master's in Management (MiM) Audencia Business School

104-613: A lack of awareness in Europe of the value of the MBA degree, which at that time was primarily an American qualification. They decided to form a lobby and membership group to promote the benefits of postgraduate business education, under the name of Business Graduates Association (BGA) . The organisation's development helped shape the growth of management education in Europe and the UK and coincided with

130-650: A significant proportion of their graduates occupy the highest levels of French society. Similar to Ivy League schools in the United States, Russell Group in the UK, and C9 League in China, graduation from a grande école is considered the prerequisite credential for any top government, administrative and corporate position in France. The degrees are accredited by the Conférence des Grandes Écoles and awarded by

156-590: Is Andrew Main Wilson, who joined the organisation from the Institute of Directors in 2013. Bodo Schlegelmilch was elected Chairman of the AMBA Board of Trustees in 2018. The Association of MBAs was founded in 1967 as an MBA alumni club by eight UK graduates from Harvard Business School , Wharton , Stanford and Columbia , and two graduates from the first intake of London Business School . The founders saw

182-527: Is a global organisation headquartered in London , UK . It was founded in 1967 with the primary objective of accrediting Master of Business Administration ( MBA ) programs. Based in London, AMBA is one of the three main global accreditation bodies in business education (see triple accreditation ) and styles itself as the world's impartial authority on postgraduate management education. It differs from AACSB in

208-410: Is also accredited by EQUIS ( European Quality Improvement System ), AACSB ( Association to Advance Collegiate Schools of Business ) and Association of MBAs (AMBA). It is among the top 1% business school in the world to have the triple crown ( Triple accreditation ). Of the 13,670 schools offering business degree programs worldwide, only 89 have triple accreditation as of May 2018. In 2021, Audencia

234-736: The Ministry of National Education (France) . Higher education business degrees in France are organized into three levels thus facilitating international mobility: the Licence / Bachelor's degrees , and the Master's and Doctorat degrees. The Bachelors and the Masters are organized in semesters: 6 for the Bachelors and 4 for the Masters. Those levels of study include various "parcours" or paths based on UE (Unités d'enseignement or Modules), each worth

260-600: The US and EQUIS in Brussels as it accredits a school's portfolio of postgraduate management programmes but does not accredit undergraduate programmes. AMBA accredits approximately 2% of the world's business schools, and is the most international of the three organisations having accredited schools headquartered in 54 countries, compared with the 52 for AACSB and 38 for EQUIS. Business schools can become associated with AMBA by applying for accreditation or by applying to be part of

286-612: The AMBA Development Network. All MBA students and alumni of the 277 accredited member schools receive free life-long individual AMBA membership. AMBA also accredits generalist BBA programmes, MBA programmes and DBA programmes, and admits as members students and graduates thereof. AMBA's long-serving president until 2017 was the late Sir Paul Judge , the founding benefactor of Cambridge Judge Business School in Cambridge, UK. AMBA's current Chief Executive

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312-715: The Press appeared indicating an organisation of Toxic and Sexist Management leading up to several people leaving their functions, first the Associate Dean, and finally the Dean, Christophe Germain. At least 47 testimonies from the inside reported on stress, press, manipulation, burn-outs high sick-leaves and turn-over of employees, non-application of workers rights. 47°14′48″N 1°33′10″W  /  47.2468°N 1.55271°W  / 47.2468; -1.55271 Association of MBAs The Association of MBAs ( AMBA )

338-616: The United States chose to only pursue AACSB accreditation. Each of the three institutions assesses a business school according to different criteria and scope: AMBA accreditation examines the Master in Business Administration MBA programme portfolio and is intended to show that this "demonstrat[es] the highest standards in teaching, learning and curriculum design, career development and employability, student, alumni and employer interaction". AACSB accreditation looks at

364-448: The United States chose to only pursue AACSB accreditation. Factors influencing this include the perception in the United States that AACSB accreditation is sufficient, and that the structure of United States business schools means that they often do not meet the accreditation standards for AMBA or EQUIS, for example, that the admission policies for United States MBA programmes do not align with the requirement of AMBA that students should have

390-541: The bachelor and masters programmes of former schools SciencesCom and the Ecole Atlantique de Commerce. In 2017, the school adopted a new legal status and became a public-private partnership (École consulaire or EESC) largely financed by the public Chambers of Commerce in Nantes St-Nazaire. Audencia is an École consulaire (EESC) , a private institution of higher education funded and supervised by

416-558: The city of Nantes, the local council and the chamber of commerce and industry. As a member of the Conférence des grandes écoles , Audencia has the status of a Grande école . Grandes écoles are elite French institutions of higher education that are separate from, but parallel and often connected to, the main framework of the French public university system . Grandes écoles admit students through an extremely competitive process, and

442-481: The city's natural history museum . It then moved into a purpose-built campus of 23,000 m to the north of the city centre opposite Nantes University . In 2000, the school changed its name to Audencia Nantes School of Management. The name "Audencia" is a blend of two words: audientia, which means "listening," and audacia or "boldness." Since 2004, the school has been associated with the Global Compact ,

468-510: The key AMBA criteria for the accreditation of an MBA programme include: AMBA holds three annual conferences for business school deans and directors: a Global Conference, an Asia Pacific Conference, and a Latin America Conference. Participation is open to both accredited and non-accredited schools. AMBA also hosts an annual Gala Dinner in London, which is open only to accredited schools. AMBA organises two annual global forums with

494-724: The purpose of development and training for specific functions within AMBA-accredited business schools such as accreditation managers; programme managers; marketing, admissions, alumni and development staff. AMBA also organises webinars, lectures and networking events on a regular basis catering to MBA alumni, current MBA students, prospective MBA students and business school admissions departments. These on-campus events are held at accredited business schools and often feature distinguished speakers and practitioners in fields such as leadership, entrepreneurship and innovation. Triple accreditation Triple accreditation refers to

520-628: The school pays the same fee regardless of the number of programmes being reviewed). The Association's process of accrediting a school's MBA programmes portfolio includes reviewing compliance AMBA's criteria, most of them qualitative rather than quantitative. The criteria fall into seven dimensions: history and development of the institution; facilities and libraries; teaching faculty, teaching standards and research track record; programme administration, career and alumni services; student admission standards, diversity and cohort size; curriculum content, programme mode and duration; and learning outcomes. Some of

546-480: The setting up and growth of London Business School and Manchester Business School in Britain. The Association's first Director General was Vice-Admiral David Clutterbuck who assumed this position in 1969. In 1983 BGA began to accredit the growing number of MBA programmes, while preserving its functions as a membership organization. BGA was renamed Association of MBAs in 1987. Until 2017, AMBA's president

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572-582: The simultaneous accreditation of a business school by three international accreditors: the Association to Advance Collegiate Schools of Business in the United States , the Association of MBAs in the United Kingdom , and EFMD Quality Improvement System in Belgium . A total of 129 business schools in the world are triple-accredited as of 2 April 2024 . Most business schools in

598-526: The teaching, research, corporate relations and international scope of all three schools. The school signed its first agreement with a non-French academic institution in 1972. Today, Audencia has more than 230 international partners. While the earliest accords concerned North American business schools (especially those in the USA), the school now has partnerships throughout the world. Audencia Business School has several alumni as follows: In 2022 several articles in

624-492: The whole business school and is intended to "signif[y] a business school’s commitment to strategic management, learner success, thought leadership, and societal impact", with a greater emphasis on diversity and inclusion since the 2020 revision. EQUIS accreditation also looks at the whole business school, and is intended to "signal[] the school’s overall quality, viability and self-improvement commitment". While all three accrediting bodies operate globally, most business schools in

650-638: Was ranked 7th business schools in France by L'Étudiant . In 2022, the Financial Times ranked its Masters in Management program 47th in the world. Audencia's Full-Time MBA was ranked 58th in the MBA ranking 2018 by CNN Expansion and 90th in the world by The Economist (October 2018). Within France, Audencia entered an alliance with the École Centrale de Nantes and the Nantes École Nationale Supérieure d’Architecture (ensa Nantes) to promote engineering, management, architecture and creativity to enrich

676-433: Was the late Sir Paul Judge , who helped establish Cambridge Judge Business School at Cambridge University in the early 1990s. The Association of MBAs accredits MBA, MBM and DBA degree programmes. When a school applies for accreditation for its MBA programmes, AMBA requires that the entire portfolio of MBA programmes be put up for consideration and will award accreditation only if all programmes meet its criteria (though

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