TSM – Toulouse School of Management, part of Toulouse Capitole University, once again confirms the quality and excellence of its international academic programmes. In May 2026, both the Master in Finance and the Doctoral Programme at TSM were re-accredited by EFMD for the maximum period of five years.
Awarded by the European Foundation for Management Development (EFMD), this international accreditation is among the most demanding and highly regarded in the fields of management and higher education.
This distinction highlights the academic rigour, scientific excellence, and international outlook of the programmes offered at TSM.
EFMD accreditation: a globally recognised mark of excellence
EFMD accreditation is based on a particularly thorough evaluation process. It assesses all dimensions of a programme, including the academic and institutional environment, teaching quality, organisation, impact, employability, internationalisation, research output, and quality assurance systems.
Recognised worldwide by students, employers, and the media, EFMD is a leading accreditation for business and management schools.
Awarded following rigorous review and audit processes conducted by higher education and management professionals, it highlights a programme’s academic excellence, practical relevance, international outlook, ethics, and social responsibility.
A rare distinction for the Master in Finance at TSM
With this re-accreditation, the Master in Finance at TSM maintains its place within a very limited group of programmes internationally recognised at this level. Today, only around ten Master’s degrees in Finance worldwide hold EFMD accreditation.
This recognition reflects the programme’s academic quality, its alignment with current market expectations, and its strong international dimension.
A major international recognition for the Doctoral Programme at TSM
TSM Doctoral Programme has also been re-accredited by EFMD for the maximum period of five years, an exceptional achievement at this level of study.
To date, only two doctoral programmes worldwide hold EFMD accreditation.
This distinction highlights TSM’s ability to train high-level researchers and future academics capable of producing rigorous research while engaging with contemporary management challenges.
EFMD notably states:
The Doctoral Programme is a very good programme with well-organised and institutionalised provision. It concentrates on developing candidates with rigorous research competencies in combination with the ability to identify and communicate on the practical applications of research. The programme offers a robust international learning experience through institutional networks and partners.” EFMD Management (EFMD 2020)
The programme benefits from a stimulating research environment, demanding supervision, and an international network that fosters the development of doctoral research skills.
TSM reinforces its international standing
Through these re-accreditations, TSM confirms its position among leading academic institutions in management, finance, and research. By securing EFMD re-accreditation for both the Master in Finance and the Doctoral Programme, the school demonstrates its ability to deliver programmes of excellence that meet the highest international standards.