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CEU Business School
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| Address | CEU Business School, Frankel Leó út 30-34., H-1023 Budapest, Hungary |
| Tel. No. | +(36 1) 887 5000 |
| Fax No. | +(36 1) 887 5001 |
| E-mail addresses |
info@ceubusiness.org
mba@ceubusiness.org |
| Dean | Paul Garrison |
| Academic Director | Paul Marer, Ph.D. |
| Programme Directors |
Graduate Programs (MBA, MSc in IT Management) Director: Yusaf Akbar IMM: Mária Findrik Undergraduate Programs: Bernadett Köles |
| Programmes | Master of Business Administration (MBA) (Full time MBA and Weekend MBA) Master of Science (MSc) in Information Technology Management International Master's in Management (IMM): Executive MBA Dual Degree in International Business (DDIB) Bachelor of Science in Global Management |
| Type of Programmes |
MBA, Full time: postgraduate MBA, Weekend: postgraduate, part-time MSc: Postgraduate IMM: Postgraduate, part-time DDIB: Full time: undergraduate |
| Length of Programmes |
MBA, Full time: 11 months MBA, Weekend: 2.5 years MSc: 11 months IMM: 18 months DDIB: 3-4 years BSc: 3-4 years |
| Type of Diploma |
MBA and MSc: American MBA Diploma IMM: 2 MBA Diplomas (USA + EU) DDIB: EU-accredited Italian Degree in International Economics & Management (DIEM) and American-accredited Bachelor of Business Administration in International Business (BBA) BSc: American Bachelor Diploma |
| Date of commencement |
MBA, Full time and MSc: Once a year, intake in September, application deadline: May 26 MBA, Weekend: Once a year, intake in January, application deadline: November 17 IMM: Once a year, intake in February, application deadline: November 30 DDIB: Once a year, intake in October, application deadline: May BSc: Once a year, intake in October |
| Class size | Sections of about 20-30 students each |
| Student accommodation | Available |
| Tuition fees |
MBA (Full time and Weekend): 18,600 EUR MSc: 8,400 EUR IMM: 53,500 EUR DDIB: 7,200 EUR / year BSc: 6,000 EUR/year |
| Financial assistance | Limited number is available on the basis of merit |
| Exchange partner schools |
MBA Program: - Case Western Reserve University, Cleveland, USA - Copenhagen Business School, Denmark - Emory University, Atlanta, USA - ESC Grenoble, France - FUNDESEM, Alicante, Spain - University of Birmingham, UK - York University, Toronto, Canada - ENPC Paris, France - EM Lyon, France - Technical University of Freiberg, Germany - WHU, Koblenz, Germany DDIB: Universitŕ Bocconi, Milan, Italy |
| Partner schools |
IMM Program is a collaborative effort of four top business schools: - Krannert Graduate School of Management of Purdue University in the United States, - Tias Business School of Tilburg University in the Netherlands, - CEU Business School of Central European University in Budapest, Hungary, - GISMA Business School in Germany. DDIB: Universitŕ Bocconi, Milan, Italy |
| Student profile |
MBA: Average age: 27 Average number of years work experience: 4 Ratio % male/female: 55/45 86% of our alumni had found work within three months of graduating, with nearly a third having job offers before finishing their studies. MSc: Countries of origin: 7 Ratio men : 72% Age range: 23-38 Average age: 29,5 Average work experience: 7,5 IMM: Countries of origin: 15-18 countries from all over the world Ratio men: app. 80% women: app. 20% Age range: 28-52 Average age is 37 Average work experience: 12 years DDIB: Average age: 19.25 BSc: Male/female %: 54/46 Countries of origin: 26 |
| Language of instruction | English |
| Graduation requirements |
MBA, Full time and Weekend MBA: 60 credits MSc: 30 credits IMM: 48 credits DDIB: 120 U.S. credits / 180 ECTS credits BSc: 120 U.S. credits |
| Admission requirements |
MBA / MSc: Certified copies and official English language translations of the undergraduate diploma and transcript, letters of reference, GMAT and TOEFL scores, resume, letter of intent, personal interview, minimum two years work experience DDIB: Certified copies and official English language translations of the high school diploma and transcript, letters of reference, SAT and TOEFL scores, resume, letter of intent, personal interview BSc: Certified copies and official English language translations of the high school diploma and transcript, letters of reference, SAT and TOEFL scores, resume, letter of intent, personal interview |
| Contact for application |
MBA (Full time and Weekend): Monika Arnoczki at mba@ceubusiness.org, +(36 1) 887-5014 MSc: msc@ceubusiness.org or +(36 1) 887 5014 IMM: András Kárpáty at karpatya@ceubusiness.org or +(36 1) 887 5080 DDIB, BSc: admissions@bocconiceu.org or Tibor Toka at tokat@ceubusiness.org +(36 1) 887 5111 or +(36 30) 251 7180 |
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1. Master of Business Administration (MBA), Full time MBA The CEU Business School MBA degree is now taught over 11 months, making it even more attractive for young managers from the region. The next full-time program that will start in September 2007. The application deadline for the MBA Program is May, 2007. Full information is contained in the brochure, which can also be downloaded from our Web Site at www.ceubusiness.com. In addition, we now have three dual degree possibilities and nine semester exchange opportunities for our students. If you would like to obtain an MBA in a short period of time, without sacrificing academic quality, the CEU MBA is designed for you. From September 2004, the CEU MBA has been delivered full-time in just 11 months. The program is rigorous and demanding, and requires total commitment. You will be part of a dynamic group of high-achievers from two dozen countries. Classes are small, providing the right balance between diversity of participants and individual attention. The one-year MBA will continue to balance management theory and practical skills, with focus on the realities of the emerging and transition economies of the region. The new program will be delivered in 6 modules, from early September 2007 until the end of July 2008. - Your studies are completed in just 11 months, so time away from your career, home and family is significantly reduced. - Interactive learning environment, with a good balance of case study teamwork and individual development. - In addition to technical skills, attention is placed on training you as a manager of people, with courses in critical thinking, leadership, teamwork, ethics, and corporate social responsibility. - Taught entirely in English, our MBA is practical - equipping you for the reality of the modern multinational organization. - Located in the heart of Europe, in beautiful, cosmopolitan Budapest - a vibrant, multicultural city that has assumed a special role as a regional business hub, connecting the EU with the markets of Central-Eastern Europe and beyond. - Our close ties to the local and regional business communities give students access to information, networks and jobs. We have semester exchange opportunities as well as dual degrees with top schools in Europe, the United States and Canada. - Established in 1988, our School is the most experienced in Central-Eastern Europe in delivering an American MBA. To graduate as a full time student, you will complete 60 credits of study; 36 credits of core courses, several designated additional credits for specialization (you may opt for a specialization in Finance, Marketing, IT Management, Real Estate Management or General Management), and the remaining credits for open electives. Core Courses (total of 39 credits) Core courses that are specialization prerequisites 3 cr Accounting 3 Quantitative Methods 3 Corporate Finance 3 Marketing 1.5 Business Economics: Micro Other Core courses 3 Critical Thinking and Leadership 3 IT Management 1.5 Business Communications (only for the full time MBA) 1.5 International Legal Environment 3 Strategic Management 3 Operations Management 3 Org. Behavior and HRM 1.5 Business Economics: Macro 1.5 Business Ethics 1.5 Executive Dialogues (only for the full time MBA) 2. Master of Business Administration (MBA), Weekend MBA Not everyone can leave their full-time job to pursue an MBA, and not everyone is willing to tackle the challenging task of juggling work, personal life, and school. Now, with the new Weekend MBA at CEU Business School, the same high quality American MBA degree can be earned on the weekends, while staying on the fast track- with no career interruption. The Weekend MBA was designed with the working professional in mind. The logistics have been developed to allow participants to maximally focus on coursework during the intensive 3-day sessions, with minimal disruption to work. (This modular program is also ideal for business people based in countries neighboring Hungary.) Benefits accrue immediately since the program gives participants the chance to step back from the daily work routine and consider timely and relevant business issues on a broader basis. In addition, newly acquired theories and analytical skills can be immediately applied back in the workplace. Interactions and networking with a diverse group of colleagues and alumni of the school further enhances the learning experience. There is also immediate value for employers choosing to reward those employees with long-term potential by sponsoring them to the program. From day one, participants are expanding their on-the-job knowledge, and bringing back a whole new set of skills, best practices, and new business relationships. The Weekend MBA starts in January of each year. Classes run intensively from Friday afternoon to Sunday noon once every three weeks. There are three trimesters per year. Each semester involves four residential weekends of study, plus a short exam period. In each semester, you generally take two three-credit core courses. Terefore, busy working professionals can complete the core program in 1.5 years and can earn their MBA in 2.5 years. Some electives can be completed during ensuing weekend sessions, and your learning can be accelerated by taking daytime or evening classes with the full-time CEU MBA students. Tailor-made independent study projects and semester exchange opportunities are open to Weekend MBA candidates after finishing the core program. 3. Master of Science (MSc) in Information Technology Management The MSc in IT Management Program is an American management degree that is much more specialized than a general MBA. The program focuses on the relevant management issues in the IT discipline across various industries, providing a unique blend of both technology and business management skills development. This program provides participants with the skills necessary to evaluate technological and managerial solutions, and to identify which combination of these solutions would enhance the added value in their specific industry and type of business. Particular emphasis will be given to developing entrepreneurial skills. Methods for transforming technological knowledge into profitable business applications is a core element throughout this program. Strong industry involvement and executive participation guarantees the timeliness and relevance of the technology entrepreneurial initiatives that are generated during the program. In addition, the program will address the large communication gap between so-called “techies” and managers. Participants will focus on the fundamentals of both schools of thinking and learn how to mediate, interpret and create a solid bridge between the two groups, thereby contributing to the organization’s competitive strength. Both the program content and the innovative teaching methods, such as: in-company internships, student managed investment funds, senior industry executive round table meetings and presentations, venture capitalist monitoring and inter-campus exchanges are pivotal to the success of the program. 4. Executive MBA (IMM) The IMM Program focuses on the educational needs of high-potential talented managers who can’t afford to interrupt their career, but want to move forward by improving their decision-making and problem-solving skills. The program focuses on analytical techniques that are immediately applicable to the participants’ work setting. Case studies and on-the-job managerial situations are key components. The IMM Program equips managers to handle today’s and tomorrow’s increasingly complex organizations, accelerated technological change, and a demanding business environment. It is designed to strengthen a corporation’s managerial resources and enhance its organizational effectiveness International Student Body: The program draws middle and top managers from The Americas, Europe and Asia, providing rich opportunities for participant interaction. International Faculty: Classes are taught by the senior faculty of the collaborating schools and by selected faculty from other universities in Europe and North America. All are accomplished instructors who have taught extensively in executive education programs, have substantial research and publication records, and have experience as consultants to firms and government agencies. International Learning Environment: Throughout the 18-month period participants and faculty meet six times for two-week intensive residential sessions. The In Residencies are organized at the campuses of the four schools in the US, The Netherlands, Budapest, and Hanover. International Course Experience: With this truly international background that allows observing the same problems from different aspects, participants learn to face the challenges of a rapidly globalizing environment, and learn the methodology of adapting management techniques in different economical and cultural systems. Graduates earn both an MBA degree from Purdue and an MBA from either TIAS, or CEU Business School. This means receiving an American and a European MBA degree at the same time! IMM is fully accredited by AACSB International – the Association to Advance Collegiate Schools of Business. Teaching methods include lectures, discussions, case analyses, student presentations, group projects, computer simulations, and guest speakers from industry and government. The curriculum and teaching approach have been adapted to the experience levels of seasoned professionals and to the demands of a compressed time schedule. The Program combines conceptual and applied materials, which are integrated in the classroom, with evening study work which provides an opportunity for learning from and interacting with fellow participants. The career demands and needs of the practicing manager dictate the curriculum design of the IMM Program. IMM is a ‘cohort’ program –that is, all students in each class enter together, take a common set of courses in sequence together, and graduate together. This format, coupled with Internet-based communication tools, is what makes it possible for the class sessions to be concentrated into a series of two-week residences. The IMM courses are less technique-oriented than the partner schools’ existing graduate management programs, and have a more policy-oriented and decision-making character. The program’s schedule was developed to ensure maximum focus on campus but minimal disruption to your work. The IMM Program is divided into three 26-week instructional modules spanning approximately 18 months. Each of the three modules provides 16 hours of graduate course credit. The program concentrates on-campus instructional time into six two-week (two in each Module) residential sessions scheduled over an 18-month period. Beside the intensive and demanding residential sessions, learning and interaction can continue during off-campus time, thanks to the computer-based communication linkage between students and faculty. Benefits for the Sponsoring Company By sponsoring high-potential individuals to the IMM Program, the firm gains a cost-effective means to reward, retain, and educate superior middle and upper-level managers. • Promising managers develop analytical skills and an understanding of innovative management concepts that immediately influence the organization’s investments. • The participants learn to develop efficient and effective processes that positively affect the organization’s bottom line. • The exchange of experiences and ideas among the participants in the program brings fresh ideas to the sponsoring organizations. 5. Dual Degree in International Business (DDIB) Two Countries. Two City Campuses. Two Degrees. One Unique Opportunity. The new Dual Degree in International Business from Universitŕ Bocconi and Central European University is the first European-American undergraduate program that innovatively combines the study of EU business practices and American management style, with the challenges of the emerging economies. The four years of study will take place in a living laboratory— in the midst of the old and new Europe, with professors, business professionals and fellow students from over two dozen countries. Students will develop diversity of thought, international management competencies and a truly global mindset. The program aims to prepare the future business leaders of Europe and the Asian economies to handle global development and integration. The first 2 years of the program will be delivered at the Business School of Central European University in Budapest, Hungary, and the final 2 years at Universitŕ Commerciale Luigi Bocconi in Milan, Italy. Upon completion of this program, students will receive an: Italian Degree (Laurea) in International Economics and Management (DIEM) from Bocconi, and an American Bachelor of Business Administration in International Business from CEU, a U.S.-accredited University. Program Benefits Studying at Bocconi and CEU means immersion in a highly multicultural environment. In any given year, CEU students are from over 60 countries, and 50% of students in the English language programs at Bocconi are from outside Italy. The opportunity to share experiences with students of other nationalities and cultures makes for lively classroom discussions, and goes a long way in helping meet the eventual challenges of doing business in today’s global environment. The Dual Degree in International Business prepares graduates who are internationally knowledgeable and interculturally competent. A bigger world view… * EU leading-edge business practises * American management style * Emerging market challenges Intercultural thought… * Live and study in two diverse, cosmopolitan cities * Travel abroad to a third location beyond Hungary and Italy * Learn from a multicultural faculty and students Two degrees from two different parts of the world… * EU-accredited Italian Laurea Degree in International Economics & Management (DIEM) * American-accredited Bachelor of Business Administration in International Business CEU Business School was established in 1988 (it was known during its first years as the International Management Center and later as the IMC Graduate School of Business). It was the first educational institution in the Central and Eastern European (CEE) region to train managers by offering a western graduate business program leading to an MBA degree from prestigious business schools is western Europe and North America. Since its inception the Business School has pursued the goal of developing indigenous academic standards in line with western institutions, while ensuring timely and relevant consideration of the changes within the region’s transforming economies. Between 1988 and 1995 the IMC offered the first year of a residential MBA program in Budapest while the second year was taken at leading North American (e.g. Pittsburgh, Tulane, Emory, Vanderbilt and York) or western European (e.g. Manchester in the UK and Nijenrode in Holland) business schools. Between 1996 and 2002, the Business School had an exclusive joint MBA degree-granting relationship with the Weatherhead School of Management of Case Western Reserve University in Cleveland, an AACSB-accredited program. Since 2002, when the School became an integral part of Central European University, it has conferred its own US MBA degree, which is registered by the Board of Regents of the University of the State of New York (US), for and on behalf of the New York State Education Department. Mission of the Business School Supporting the overall mission of CEU, the main objective of the Business School is to offer a curriculum in English – delivered by a prestigious international faculty – which combines global business concepts and practices with the realities and challenges of the regional business environment. As Ádám Terták, Dean of the Business School summarizes, the Business School’s mission is “…to train business leaders with a sense of social responsibility, and public leaders with cutting-edge management skills.” The programs of the Business School target the current and future leaders of the transforming economies of CEE and the successor states of the Soviet Union and all those who are interested in combining a solid U.S. MBA with applications to economies in transition and an enlarging European Union. |
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