Complex sentence: As of February 2011 the School of Management and Business is one of 28 departments in the world to have its Masters degrees, including the MBM, accredited by the AMBA, which is similar to the AACSB in the U.S. and EQUIS in Europe.
Split into simpler sentences: As of February 2011 the School of Management and Business is one of only 28 departments in the world to have its Masters degrees, including the MBM, accredited by the AMBA. It is similar to the AACSB in the U.S. and EQUIS in Europe.