Awards and Recognition





AACSB recognizes ALBA for Driving Innovation in Business Education Worldwide

The AACSB International recognizes the innovative activity of ALBA Graduate Business School to support 65 Greek companies with the active involvement of graduate students.

On Monday February 6th, at its 2017 Deans Conference, AACSB International (AACSB), the world’s largest global education network, unveiled 35 innovations that represent critical work being done by business schools to better their communities and society at large.

ALBA Graduate Business School was recognized for their submission «Student Consulting Projects for Struggling Businesses” in the category “Engagement with Business” .

The overarching concept of this innovation is to match new, small and medium businesses that have specific needs to a group of students that will undertake a professional consultancy project. Via this project, ALBA Graduate Business School actively supports vulnerable Greek businesses, helps them overcome challenges created by the financial crisis, and identifies alternatives for growth—all through student consulting projects in which ALBA students are taught how to become agents of change.



ALBA has been placed among the top 250 business school globally

ALBA Graduate Business School at The American College of Greece (ALBA) has been placed among the top 250 business school universally, according to the 2017 QS Global 250 Business Schools Report. 
Specifically, ALBA, placed amid the top 100 institutions in the list, has been classified as a “Superior Business School for Research and Employability”, midst the top institutions from 36 countries that offer Full Time MBA’s

The new ranking by QS, builds on two main pillars. The first is Academic Excellence and Reputation of the institution within in the academic community, as reflected by the responses of 76,798 academics (of whom 8,376 are experts in the fields of business and management). The second is the Employability of students / graduates and results are based on a survey among 12,125 employers – the largest MBA employer survey ever conducted.

ALBA’s prominent position demonstrates the strong stature and relevance of The ALBA MBA program internationally. 

The report also includes interesting demographics describing full time MBAs, such as the men to women ratio. ALBA ranks 11th on this important social equality criterion (53%) thus actively contributing to efforts targeting at closing the gender gap.

Comprehensive results and the survey methodology may be found in the QS Global 250 Business Schools report at




AMBA’s MBA Innovation Award winner for  2015

ALBA Graduate Business School won the AMBA’s MBA Innovation Award 2015 in a grand ceremony at the Langham Hotel in London on Friday 29th January !

The Association of MBAs (AMBA), an international authority on graduate business education, whose 200 member business schools form the elite 3% of the business schools in the world, has acknowledged the uniqueness and impact of our innovation “Creative Expression in Business”  in The ALBA MBA.



This innovation draws from diverse artistic traditions to promote students’ immersive expression of business challenges such as teamwork, improvisation, learning, leadership, or creativity. Our effort is one of the boldest to embrace so broadly this new business logic and deploy an active, personal, expressive pedagogy. Our intention is to facilitate MBA students’ transformative journey to grow as leaders who can navigate through the increasing ambiguity, paradox and change of the modern world.

The award embodies and celebrates the ALBA spirit of "business unusual" by acknowledging two major novelties in our MBA: Creativity & Innovation (a core course featuring production of videos artfully narrating stories of creativity) and Managements Acts: A Theatrical Integration (a capstone course as an integrative MBA experience through acting, directing and production management).  

Courses are pioneering work of Dr.Olga Epitropaki (The Stavros Costopoulos Chair in Human Resource Management and Development) for Management Acts in collaboration with Katerina Nikolopoulou and Ana Sanchez-Colberg (Faculty at the Frances Rich School of Fine & Performing Arts of Deree) and Dr. Babis Mainemelis (Associate Professor of Organizational  Behavior) for Creativity & Innovation.




International Recognition of the ALBA Executive Development’s Program to the HR Summit and Expo 2015 at Dubai



We are delighted to share with you the international recognition of ALBA and its Executive Development Department that received the second prize in the 2015 HR Excellence Award during the HR Summit and Expo 2015, in Dubai, the most prestigious and largest HR conference in the Middle East. The award was presented to ALBA for the Executive Development Program (EDP) it offers to Novo Nordisk executives that arrive in Dubai to attend the Program from Africa, the Middle East and India. This particular award recognizes various virtues of the Program: the Program’s relevance and alignment to Novo Nordisk’s talent development strategy, the innovative elements in the Program curriculum, the Program’s overall impact on its participants professional development, the dissemination of current and relevant managerial knowledge, and Novo Nordisk’s trust on ALBA to continuously deliver this Program from 2004 onwards, are few of the Program’s elements that are recognized with the award. 

Novo Nordisk regional Headquarters in Dubai overlook its affiliates in a wide range of countries in Africa, the Middle East and Asia with employees representing a richness of cultural and ethnic diversity. Facing a very diverse and quite specialized employee base, Novo Nordisk set a strategic priority to help its employees quickly and in a consistent and systematic way develop broader managerial capabilities, and business insights and acumen, and thus “transform” them from “specialists to generalists”. Thus, in 2004 the company established a long lasting partnership with ALBA and invited the School to design and deliver an EDP for its region affiliates’ middle and senior managers.

 The Program so far has completed five cycles with a total of 110 graduates. Several of its graduates have advanced their career within the company resuming very senior positions (Country G.M., functional Directors, etc.).


ALBA Graduate Business School at The American College of Greece is listed 52nd in the Europe-TopMBA Global 200 Business Schools Report for 2014/2015. 

ALBA has moved up from place 56 ( report 2013/2014)  to 52.Our position in the ranking is of extreme importance since this specific survey tracks the opinion of international employers and measures only one indicator – the employability outcome of an MBA program by region.

The objective of the QS Global 200 Business Schools Report is to provide an indication of the employability of an MBA upon graduation. Unlike traditional business school rankings, which measure programs on multiple criteria, QS for many years published a rating that provides a reliable measure of one thing only: the employability of MBA graduates

For the 2014/15 report, QS has adopted a new methodology.The employability measure, based on our global survey of MBA employers, will now count for 85% of the final ranking. A second measure – academic reputation – based on a global faculty survey, will contribute 15% to the final ranking.

 Read more about the methodology here. Download full report here.

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