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International accreditation for Master programmes

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Published on Tuesday, 26 January 2016

Five Master programmes at the University of Luxembourg’s Faculty of Law, Economics and Finance have been accredited by the Foundation for International Business Administration Accreditation (FIBAA), an international expert for quality assurance and development in higher education and research.

The FIBAA accreditation is the first study programmes certification at the University of Luxembourg and represents an important step in receiving international recognition for the University’s programmes and a seal of approval for high-quality teaching.

Following the visit of an external panel of international experts, FIBAA accredited at the end of 2015 and for a period of five years:

About the importance of accreditation

The Faculty of Law, Economics and Finance started the accreditation process in 2013 with a view to bringing its Master programmes in line with quality criteria and standards recognised at European and international level in regards to programme content, processes and outcomes as well as instruments and programme documentation. Current and prospective students but also employers looking to recruit can be confident that the programmes accredited by FIBAA meet rigorous and first-rate quality standards.

The Dean of the Faculty, Prof. Stefan Braum, welcomed the decision by FIBAA: “The accreditation is a sign of the increasing international recognition of our teaching programmes,” he said adding: “We are dedicated to further developing and continually reviewing all of our courses, offering our students a valuable and enriching academic experience at the highest level of teaching and research.”

A second accreditation process is set to launch at the University of Luxembourg’s Faculty of Law, Economics and Finance for its Master of Laws (LL.M.) programmes this year.

Internationally-recognised accreditation of its academic programmes is an important mission of the University of Luxembourg. "Quality assurance and continuous improvement are among the University of Luxembourg’s guiding principles and therefore play an important role in the University’s new strategy, which will be implemented this year," explained the University President, Prof. Rainer Klump. "We are very proud of the Faculty for this achievement. It is an important first step and we hope that more programmes will follow in the future."