Quality and Accreditations

ALBA Graduate Business School at The American College of Greece (ALBA), has always been dedicated in offering educational programs of the highest academic standards in the area of Business Administration, as well as a strong framework of personal development and social responsibility. We benchmark our strategies and processes against global norms in business education and we are driven by a commitment to meet and exceed the international standards. The continuous improvement of our academic and administrative processes, our people and faculty, our corporate culture as well as our passion for quality in education, create a stimulating environment for those that invest in ALBA Graduate Business School for their personal and professional development.

ALBA is accredited by the New England Association of Schools and Colleges (NEASC), the most prestigious accrediting organization in the United States.  

All ALBA MBA programs are accredited from the Association of MBAs (AMBA), while both the MSc in Finance and MSc in Strategic HRM programs are EPAS (EFMD Programme Accreditation System) accredited.

Moreover, ALBA’s MSc in Finance program has been awarded a CFA Program Partner status by CFA Institute, being the first MSc in Finance Program in South East Europe to obtain such a status. 

In addition, ALBA is a PRMIA University Partner (Professional Risk Managers' International Association) through the MSc in Risk program, the curriculum of which, is closely tied to professional practice and is well suited to preparing students to sit for the PRM exams.

Lastly the Society for Human Resource Management (SHRM) acknowledged that the curriculum of The MSc in Strategic HRM is aligned with the recommended requirements for HR Degree programs as outlined in the SHRM HR curriculum guidebook and templates.

These accreditations and certifications position us within a select group of business schools across the world, while they constitute another decisive step towards the accomplishment of our vision.

 

 

ACCREDITATIONS

NEASC

Founded in 1885, the New England Association of Schools and Colleges (NEASC) has been working to establish and maintain high standards for all levels of education, longer than any other accreditation agency in the United States.

NEASC is an independent, voluntary, nonprofit membership organization which connects and serves over 2,000 public and independent schools, technical/career institutions, colleges and universities in New England plus International Schools in more than 65 nations worldwide. A globally recognized standard of excellence, NEASC Accreditation attests to a school’s high quality and integrity. NEASC is comprised of four commissions which decide matters of accreditation in the context of research-driven standards reviewed by their membership.

More information on NEASC is available at www.neasc.org

 

AMBA

The Association of MBAs (AMBA) is a global MBA-focused accreditation organization and a worldwide MBA alumni club, founded in London in 1967. AMBA accredits around 2% of the world's business schools. All MBA students and alumni of the 238 accredited schools join AMBA as individual members free of charge.

The London-based Association is one of the three main global accreditation bodies in business education and styles itself "the world's impartial authority on postgraduate management education". It differs from other international accreditation bodies as it accredits a school's portfolio of postgraduate management programs but does not accredit undergraduate programs.

As of August 2016, the Association of MBAs has accredited 238 business schools (headquartered in 54 countries), which offer more than 800 different MBA, DBA and MBM programs in over 80 countries. Around 80 of the AMBA-accredited schools are in the BRIC countries and 33 are in Latin America.

More information on AMBA is available at: www.mbaworld.com

 

EFMD

ALBA Graduate Business School is a member of EFMD (The European Foundation for Management Development) since 2005.  EPAS is an international programme accreditation system operated by EFMD. It aims to evaluate the quality of any business and/or management programme that has an international perspective and, where of an appropriately high quality, to accredit it.  In 2009, both the MSc in Finance and MSc in Strategic Human Resources programs were accredited by EPAS/EFMD and, as of today, they are the only EPAS accredited programs in Greece. 

EFMD is an international membership organization, based in Belgium. With more than 750 member organizations from academia, business, public service and consultancy in 82 countries, EFMD provides a unique forum for information, research, networking and debate on innovation and best practice in management development.

EFMD is recognized globally as an accreditation body of quality in management education and has established accreditation services for business schools and business school programs, corporate universities and technology-enhanced learning programs.

EFMD also signed in 2003 a partnership agreement with the United Nations Global Compact and launched the Global Responsibility Invitation which in turn led to the creation of the Globally Responsible Leadership Initiative.

More information on EFMD is available at www.efmd.org


MEMBERSHIPS

AACSB

ALBA Graduate Business School is a member of AACSB (The Association to Advance Collegiate Schools of Business) since 2015. AACSB has nearly 1200 members in more than 75 countries.

AACSB is a global, nonprofit membership organization of educational institutions, businesses, and other entities devoted to the advancement of management education. Established in 1916, AACSB International provides its members with a variety of products and services to assist them with the continuous improvement of their business programs and schools.

More information on AACSB International is available at www.aacsb.edu

 

PRME and UN Global Compact

ALBA Graduate Business School became an academic participant of the United Nations Global Compact (UNGC), in March 2008. It was also the first Greek Business School to become a participant of the United Nations Principles for Responsible Management Education (PRME) in December 2009.

More information about United Nations Global Compact: https://www.unglobalcompact.org  

And about PRME: http://www.unprme.org


CERTIFICATIONS AND PARTNERSHIPS

The CFA Institute

CFA Institute is a global, not-for-profit organization comprising the world’s largest association of investment professionals.

With over 100,000 members, and regional societies around the world, CFA is dedicated to developing and promoting the highest educational, ethical, and professional standards in the investment industry.

CFA Institute is certifying that at least 70% of the CFA Program Candidate Body of Knowledge® (CBOK®) is embedded into our MSc in Finance curriculum.  Recognition as a CFA Program Partner provides a signal to students and recruiters that the program's curriculum is closely tied to professional practice and is well suited to preparing students to sit for the CFA exams. Five student scholarships per year are awarded to our MSc in Finance students to take level I exams of the CFA. Under each scholarship, program enrollment fees are waived and the candidate is responsible for paying a portion of the exam registration fees.

All the CFA study material is available to our library for all students.

More information about CFA can be found at: www.cfainstitute.org

 

PRMIA

The Professional Risk Managers' International Association (PRMIA) is a global, non-profit association of risk professionals with 90,000 members worldwide and presence in 65 major cities. 

Through university partnerships, PRMIA provides educational resources from the cradle to the pinnacle of a risk management career. In conjunction with its leading University Partners, PRMIA seeks to set the international standards for graduate level education in risk management and financial engineering, to offer training and development programs in finance and risk management worldwide.

Recognition of ALBA Graduate Business School as a PRMIA University Partner provides a signal to students and recruiters that the MSc in Risk program's curriculum is closely tied to professional practice and is well suited to preparing students to sit for the PRM exams.

Our Msc in Risk students are offered access to the local risk community and networking opportunities through local PRMIA chapters. Students can also benefit from a 25% discount on PRMIA membership and have extra 20% discount on PRM and associate PRM products 

PRM exam study material is available to our library for all students. 

More information about PRMIA can be found at:  www.prmia.org

 

SHRM

The Society for Human Resource Management (SHRM) is the world’s largest HR professional society, representing 285,000 members in more than 165 countries. For nearly seven decades, the Society has been the leading provider of resources serving the needs of HR professionals and advancing the practice of human resource management. SHRM has more than 575 affiliated chapters within the United States and subsidiary offices in China, India and United Arab Emirates.

SHRM provides education, thought leadership, certification, community and advocacy to enhance the practice of human resource management and the effectiveness of HR professionals in the organizations and communities they serve.

Originally founded as the American Society for Personnel Administration (ASPA) by a small but visionary group of personnel administrators, SHRM has grown into the world's largest HR membership organization. SHRM has a dedicated staff of over 350 and is headquartered in the Washington, D.C. metropolitan area.

For more information about SHRM, please visit: www.shrm.org


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