Corvinus University becomes first AMBA accredited business school in Hungary

BCE Corvinus University Budapest Hungary 2020

Photo: Corvinus University

Press release – Corvinus University of Budapest has received accreditation from renowned AMBA, the Association of MBAs. This international organisation is one of the world’s leading authorities on postgraduate business education. Fewer than 300 business schools in the world hold this accreditation, the first in Hungary being Corvinus.

Accreditation from AMBA represents the highest standard of achievement in postgraduate business education. Its rigorous assessment criteria ensure that only the highest-calibre programmes which demonstrate the best standards in curriculum, teaching and student interaction can obtain accreditation.

Upon receiving the accreditation, all current MBA students and MBA alumni of the Corvinus University of Budapest are invited to join AMBA’s global member community of more than 49,000 students in more than 150 countries. Membership offers an opportunity for networking, thought leadership, career development, and a variety of other benefits.

At present Corvinus offers two executive MBAs and one full time MBA.

The members of AMBA’s accreditation panel have of course visited the university and in the light of their experience commended the practical relevance of teaching in the various programs. They also complimented the university on its strong and unique corporate and public connections. When students were spoken to by the panel, they praised the quality of organisational support they received during their MBA learning experience. Alumni also were seen to value the strong branding and positioning of Corvinus in the national and regional market of the university sector. The visiting panel represented senior management at AMBA-accredited business schools globally, that is, international experts.

Péter Fehér Dean of Postgraduate and Executive Programs of the Corvinus University of Budapest said:

“Receiving the AMBA accreditation is a very important milestone in the life of Corvinus University of Budapest. Becoming part of a group of only less than 300 business schools in the world, demonstrates our commitment for internationally recognised and quality executive programmes. We are devoted to continuously develop our programmes to prepare our MBA students for the future challenges of the business and economic world.”

Anthony Radev Corvinus President added,

“One of the priorities of the Corvinus Renewal Program launched in 2019 was to receive AMBA accreditation. We are convinced to have taken an enormous step towards our goal set for 2030 and Corvinus will indeed become the best university of the Central-East European region in the fields of business and social sciences.”

The accreditation is international in scope and reach, and AMBA works under the belief that accredited programmes should be of the highest standard and reflect changing trends and innovation in postgraduate management education.

Andrew Main Wilson, Chief Executive of the Association of MBAs and Business Graduates Association (BGA), said,

“Corvinus University of Budapest is an excellent University and we are delighted to welcome them to our network of world leading Business Schools. We believe that MBA, DBA and master’s degree programs must maintain the highest quality and remain current amid ever-changing trends and innovation across industry sectors.”

Find a list of all AMBA accredited Schools here.