The Network of International Business Schools (NIBS) is an association of business schools from around the world that works to support the incorporation of global perspective, cultural insight, and international experience into management education. NIBS was formed in 1993 and currently has more than 70 member institutions in over 30 countries.
NIBS members believe that higher education and training in business should include a strong international dimension, including the practice of foreign languages, the study of comparative management techniques and the experience of working and studying abroad. They also believe that cooperation between educational institutions in different countries contributes to a better understanding between nations by furthering awareness and knowledge of other cultures and social practices.
Members of NIBS recognise each others’ qualifications, have a common goal of collaboration, and encourage participation in the following:
- Student exchanges/interactions
- Faculty exchanges/interactions
- Exchanges of ideas for teaching programs
- Joint teaching and research programs
Since 2008, one of the organisation’s key functions has been the accreditation of internationally-oriented schools of business around the world. NIBS accreditation is not intended to compete with long-established accreditation bodies, such as the Association to Advance Collegiate Schools of Business (AACSB), the Association of MBAs (AMBA), or the European Quality Improvement System (EQUIS); rather, it focuses on the degree to which the business school has become international in all facets of its organization. The NIBS accreditation scheme is thus generally regarded as a supplement to other accreditations, as well as a signal that an institution is committed to deep internationalisation.