EFMD Business School Impact System (BSIS)
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Business School Impact System
The first comprehensive impact assessment tool for business schools
Impact communication tool
At a time when all organisations are increasingly being held accountable for their activities, you often need to demonstrate with well-documented evidence the impact that you have on your immediate environment.
Data-driven system
This data-driven system allows you to identify the tangible and intangible benefits that you bring to the local environment.
Thorough assessment process
At the heart of BSIS is a framework of 120 indicators covering seven dimensions including financial, economic, societal and image dimensions of impact.
Global reach
Since its launch in 2012, BSIS, run as a joint venture between EFMD Global and FNEGE, has successfully assessed over 100 business schools all over the world.
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BSIS MENU
Benefits
Process
Labelled schools
Documents
FAQs
Governance
Discover testimonials
'The BSIS process has been an enriching and constructive journey for our institution. One of the key highlights was the opportunity to engage in deep reflection on our impact - not only in academic terms, but also in relation to our ecosystem, including the business community, public authorities, alumni, and society at large. The process also served as a powerful catalyst for internal alignment and strategic thinking across departments. Moreover, the BSIS framework gave visibility and value to many initiatives that we had developed over the years but had not previously framed in terms of measurable impact. Overall, the process was not just an assessment - it was a true learning and developmental experience that we look forward to continuing in the coming years.'
Amine Ben Abbes
Carthage Business School, University of Tunis Carthage (UTC)
'My involvement in BSIS has enhanced my understanding of impactful practice and meaningful action. It has helped our business school stay focused on making a difference and delivering on our commitment to transforming lives. BSIS also enables us to better record and communicate our impact, allowing us to celebrate it collectively and individually.'
Hannah Holmes
Dean, Business School, Manchester Metropolitan University
'In BSIS, we have found a methodology to define and express our impact. These were the two main objectives to develop with the BSIS team. We wanted to measure the impact of all our activities. The seven axes suggested by BSIS were helpful in the reflections. The data collection and the implication of the staff and stakeholders, including the preparation of the expert visit, have been very useful for the upcoming accreditation audits.'
Wilfried Niessen
Director General and Dean, HEC Liège Management School – University of Liège
'I can confidently say that the process exceeded our expectations. Candid discussions with the experts and their recommendations enabled us to view our activities from the lens of impact. The BSIS report is a valuable tool in assessing our past performance and shaping our future direction. Another important aspect of BSIS is the network effect we intend to fully utilise. Koç University CASE & GSB’s strength is being 'connected'; we gain insights and drive change through collaborations. We look forward to contributing to the BSIS community and sharing our experiences.'
Şuhnaz Yılmaz Özbağcı
Dean of Koç University’s CASE and GSB
BSIS LABELLED SCHOOLS INCLUDE
BSIS BENEFITS
Demonstrate your impact to the internal and external stakeholders with this innovative impact assessment tool!
IMPACT ASSESSMENT
BSIS provides a tailor-made information and data collection system for monitoring your impact.
NEGOTIATION TOOL
BSIS constitutes a compelling negotiation tool that can be used externally to demonstrate to the regional authorities and other stakeholders how your school's activities benefit them.
POWERFUL INFLUENCER
BSIS offers a powerful communication tool to influence your students, strategic partners and the media.
IMPACT CULTURE
BSIS increases the awareness inside your business school regarding the significance of impact.
INTERNAL RECOGNITION
BSIS gives your teams a better image of their job, of what they are doing and why they are doing it.
CONTINUOUS IMPROVEMENT
BSIS encourages an ongoing improvement of your impact thanks to the BSIS experts’ recommendations and the impact assessment process.
Ready to find out more?
BSIS DIMENSIONS
FINANCIAL IMPACT
Both direct (the budget) and indirect (cost of living expenditures by students and participants).
Quantifiable statistical data regarding money spent in the region by the school, by its employees, by its students, by visiting professors and by all those people who come to the campus in relation with the School’s activities.
EDUCATIONAL IMPACT
Student admissions flow into the School’s degree programmes from the region, from the country at large and from abroad.
Student flows into the job market within the region, within the country at large and into companies abroad.
Managerial impact in the region of the school’s executive education programmes.
BUSINESS DEVELOPMENT IMPACT
Impact on the economic development of the region: new business creation, services to established companies.
Students as valuable resources for the local economy during their studies (internships, special missions in the home country and abroad, apprenticeships).
INTELLECTUAL IMPACT
Impact upon the managerial community within the region through the intellectual output of the school’s faculty: publications, chairs, dissemination of new ideas and new managerial methods.
Contribution to the cultural life of the community at large through conferences, public lectures, etc.
IMPACT WITHIN REGIONAL ECOSYSTEM
Involvement of the faculty and students in public life within the community.
Integration of the school into the regional ecosystem of higher educational institutions, professional associations, public bodies and local authorities.
SOCIETAL IMPACT
Existence of explicit policies in the area of CSR, sustainable development etc.
Integration of these concerns in teaching, research and management of the school.
Concern for diversity and equal access within all the school’s activities.
IMAGE IMPACT
Nature of the school’s local, national and international image.
Contribution of the school to the image of the impact zone.
MORE INFORMATION
BSIS Recordings
BOOK - BSIS a Decade of Impact
BSIS NEWS
Positive impact: University of Porto FEP | PBS & SDM Institute for Management Development awarded BSIS label renewal
Marking a Milestone: 100 schools complete the BSIS journey
Mission unsustainable: Turning problems upside down at the 2026 BSIS & Sulitest Reverse Brainstorming Workshop
Institutional impact: BSIS label awarded to Maastricht University School of Business and Economics (SBE)
KEDGE Business School awarded BSIS label for positive impact
Recognising positive impact: Manchester Metropolitan University Business School awarded BSIS label renewal
SDA Bocconi School of Management awarded BSIS label renewal for positive impact
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