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About BI

Accreditation and Ranking

BI Norwegian Business School is the first Norwegian business school that has received the three most prestigious international accreditations.

#39 Finance
QS programme rankings
#35 Business Analytics
QS programme rankings
#31 MSc in Business
QS programme rankings

#26 Strategic Marketing Management
QS programme rankings
Top 50 European Business School ranking 2022
Financial Times rankings

ACCREDITATIONS

Triple Crown

Schools that achieve all three accreditations, the European EQUIS (European Quality Improvement Systems), the American AACSB (The Association to Advance Collegiate Schools of Business) and the British AMBA (The Association of MBAs), are called Triple Crown Schools. Less than 1 % of business schools worldwide have achieved triple accreditation. The accreditations are proof of BI's rigorous standards.

Logo Triple Crown Accrediation

What does the Triple Crown accreditation mean to you?

As a student, the triple accreditation means that:

Your degree will be recognised and valued all over the world, thus increasing your employability
Your education holds high academic and ethical standards, and meets the demands of the labour market
Your learning process at BI is supported by a team of high quality teachers
Your opportunity to experience extra-curricular activities is world class

As an employer, the triple accreditation means that:

Graduates with a degree from BI will have the knowledge and skills necessary to meet your needs
The content of BI's academic programmes is constantly updated and developed, in alignment with the expectations of employers globally
Our academic programmes are supported by high quality research and have an international perspective

The Accreditation Bodies

Our accreditation has been awarded by the world's leading and most respected accreditation bodies. The accreditation bodies are continuously following up to ensure that we fulfil their high requirements at all times.

These bodies have extensively assessed:
- our programmes and student environment
- the quality of our staff
- our international engagement
- our ability to continually maintain and improve the high standard necessary
BI has had the European Foundation for Management Development (EQUIS) accreditation since 1999 and was among the first to obtain this status. Accreditation is given for a maximum period of five years and re-accreditation was bestowed upon BI in 2004/05, in 2010, in 2015 and then again in 2021. The requirements that have to be met are raised each time and it is no "walk over" to be reaccredited based on former merits.
- 24 February 2021: BI receives European seal of quality
BI was accepted as a member of the Association to Advance Collegiate Schools of Business (AACSB) in 2008 and has since worked actively towards accreditation. The process differs from that of EQUIS. The school is expected to mature to a level worthy of accreditation, before a final evaluation is made by an expert committee. The process is therefore extensive and can take up 7 years. BI was visited by an AACSB expert committee in January 2014, and in May the Board of AACSB awarded BI with accreditation.
- 28 June 2019: AACSB extends BI’s business accreditation
Association of MBAs (AMBA) is an accreditation of the institution's MBA/DBA programmes (full-time/part-time). BI has recently devoted considerable time to restructuring and developing our executive MBA programmes. BI was awarded AMBA accreditation in November 2013.
- 23 November 2018: BI receives re-accreditation from Associations of MBAs (AMBA) for five more years
The European Foundation for Management Development (EFMD) is one of the largest international networks in management development in the world. EFMD plays an important role in shaping an international approach to management education and is an important forum for information, research, networking and debate on innovation and best practice in management training. The network includes more than 800 member institutions in over 80 countries.

Online Course Certification System (EOCCS) is an accreditation that is designed and owned by EFMD. The accreditation was granted for the first time this year and is the only international accreditation of its kind. Based on an extensive application and review process, the accreditation is awarded to operators in the categories of Business Schools and Corporate Institutions / Universities. BI was awarded the accreditation in 2016.
- 22 January 2020: EOCCS re-certification of consumer behaviour
In 2008 the Norwegian Agency for Quality Assurance in Education (NOKUT) granted Specialised University Institution status to BI.

This is the single-most important decision with strategic impact in the recent history of BI and a sign of recognition and final endorsement by its peers of BI as a bona fide-high quality academic institution. NOKUT also has the responsibility to review the institution´s quality assurance system for educational programmes. BI's quality assurance system was accredited for the first time in 2004 and given new approval in 2021.
- 28 October 2021: NOKUT approves BI’s quality work

RANKINGS

BI has been ranked as Norway`s best business school for six years running by the Financial Times. The school also achieves solid results in other internationally prestigious rankings, such as Eduniversal Top Business Schools Worldwide and the Economist.

Ranking differs from accreditation in that the institution is measured against the other participant schools based on a set of criteria. These criteria are related to characteristics of the alumni, the programme and the institution.

For the students, the high rankings mean that:

BI has a strong international reputation which ensures that your degree will be valued all over the world
Your education holds a high standard, compared with top business schools worldwide
The professors at BI holds the high level needed to achieve high rankings
Our offer of extra-curricular activities is world class

For the employers, the high rankings mean that:

Candidates with a degree from BI has an internationally recognised education
Our programmes holds a high quality and has an international perspective, compared with top business schools in Europa
The content of our programmes accords with the expectations of employers globally

Over the past years BI has moved up more than 30 places in Financial Times European Business Schools Ranking. The results of the sub-rankings are summarised in a European Schools Ranking. The most important factors measured are linked to alumni´s wage levels and careers development, and customer satisfaction.

Financial Times has a total of six separate rankings that target specific educational programmes. BI competes in the top three categories listed below, as well as the summary school ranking (FT European Business School ranking).
- Executive MBA
- Masters in Management
- Executive Education
- Masters in Finance
- Global MBA
- Online MBA

Accreditation and Ranking

BI in figures

BI in figures

ACCREDITATIONS

Triple Crown

What does the Triple Crown accreditation mean to you?

The Accreditation Bodies

About the accreditation bodies

EQUIS

AACSB

AMBA

EOCCS

NOKUT

RANKINGS

Financial Times Rankings

QS World University Rankings

Eduniversal Top Business School Worldwide

Top 50 in Europe on FT ranking

BI’s Executive MBA programmes among the 100 best worldwide

BI’s MSc programmes top 20 on “employability” in QS Business Masters Rankings 2023

BI’s MSc in Finance among 50 best globally