Greetings from the Rector
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1 Your path to success
2
3 Greetings from the Rector Our school is old and new at the same time. Although the Budapest Business School was only created as recently as 1 January 2000, the origins of the three colleges constituting this new school can be traced back over a century. With about students, ours is Hungary s largest business college. And we look beyond that. Our vision is to become a leading institution of higher education in business studies and related areas. We are convinced that by pooling the resources of the three colleges the College of Commerce, Catering and Tourism, the College of International Management and Business Studies, and the College of Finance and Accountancy Budapest Business School has a chance to play a leading role in Hungary and the neighbouring regions in creating a business school that prepares students for the demands of an ever changing labour market. All of our academic programmes have been accredited by the competent Hungarian authorities. We take pride in these programmes since they effectively combine theory and practice. Choosing from a wide range of courses offered by the Budapest Business School, our students may acquire a broad spectrum of theoretical knowledge and practical skills that will enable them to work for businesses or public organisations. They will learn everything that is necessary to embark on a successful career, maintaining high ethical standards, looking for innovative solutions, and demonstrating good communication skills in both native and foreign languages. Budapest Business School is your path to success. Eva Sandor-Kriszt Ph.D. Rector
4 The Development of the BBS The Budapest Business School (BGF Budapesti Gazdasági Fôiskola) was established on 1 January 2000 when, as a result of a wide-ranging restructuring of the system of Hungarian higher education, three large business colleges, merged to form a leading business school. These were: the College of Commerce, Catering and Tourism (CCCT), the College of International Management and Business Studies (CIMBS), and the College of Finance and Accountancy (CFA). With about students, BBS is now the largest college and one of the largest higher educational institutes in Hungary. Tens of thousands of graduates from the BBS and its predecessors are much sought-after professionals in their respective fields and some of our alumni now occupy outstanding positions in the dynamically developing Hungarian business community as well as in international business life. Ratings in Higher Education BBS has always regarded the needs of the labour market as the most important gauge of its educational activities. We always watch with interest how employers assess the work of our graduates, as this is an indication of how well the school trains its students. We often liaise with the most important employers and regularly ask for their opinions. We are happy when high level managers and HR specialists appreciate the performance of our graduates, and welcome any suggestions about how to improve our educational system. According to surveys made by leading Hungarian papers, business reviews, and other independent bodies, the Budapest Business School usually ranks among the top institutions of Hungarian universities and colleges in employers opinions. A 500-strong highly qualified faculty guarantees the high standards of professional education. They are assisted by hundreds of visiting professors and lecturers coming every year from abroad or from local companies to teach classes, give lectures or presentations (in Hungarian or in foreign languages) to complement the work of staff members. These external experts coming from the academic or business world render invaluable service to the management of the school by giving advice, information, and recommendations either individually or by taking part in different advisory bodies or staff meetings. International and Domestic Relations Our school attaches great importance to the international acceptance and validation of our programmes, diplomas and degrees. Different programmes established jointly with foreign universities make it possible for students from other countries to enrol in courses taught in foreign (English, German or French) languages. Learning foreign languages, with special emphasis on the language of business, is a fundamental requirement for BBS students. BBS has an Institute of Foreign Languages that specialises in language teaching, examinations and teacher training. BBS has become an integral part of international higher education and research. We have professional connections with 110 institutes of higher education in 21 countries. The various study trips, student and staff exchanges, joint research and educational programmes make it possible for the participating parties to share experiences and to adopt new teaching methods, materials, and technologies. It is also worth mentioning that our graduates often find employment with foreign businesses or multinational companies. By keeping in touch with our alumni who have such jobs, we can maintain our position in practice-oriented higher education.
5 5 Academic Programmes In the academic year 2006/2007, in the spirit of the Bologna process, Hungarian institutes of higher education introduced the system of academic degrees with three levels (Bachelor s, Master s and Doctorate) thus making it easier to compare the degrees awarded. The Bologna process encourages student and staff mobility, and the establishment of cooperation agreements in the European Higher Education Area. Students can now continue their studies in other higher educational institutions in different countries; can be sent abroad on placement (internship) and even start a career or a business in another EU member country. Bachelor s Programmes At present, these are the BA programs offered by the BBS: Business Management Teacher Training Commerce and Marketing (also in English and German) Communication and Media Studies Finance and Accounting (also in English) Human Resource Management International Business Economics (also in English and French) Tourism and Catering (also in English and German) Master s Programmes BBS students (and graduates from other institutes of higher education) with a Bachelor s degree can continue their studies by selecting from one of our Master s programmes. From 2009, the following Master s programmes are planned to be launched: Accounting Teacher Training Finance International Studies Management and Leadership Marketing Tourism Management Our students are also offered the possibility of enrolling in programmes run jointly with foreign universities. These are the following: a.) Master of Arts in International Business, a programme run together with Anglia Ruskin University, Ashcroft In ternational Business School, Cambridge, Great Britain (in English) b.) International Management of SMEs (Gestion des en terprises PME-PMI) run jointly with Université Paris X Nanterre, Paris, France (in Hungarian) c.) MA in e-business, Net-Economie, a programme run jointly with the Université Picardie Jules Verne, Amiens, France (in French)
6 Post Graduate (Second Degree Acquisition) Programmes These programmes are meant for those who already have a degree (in business studies or in other fields) but wish to complement their training in some specific areas. BBS offers over 40 specialised programmes for those who want to enlarge the scope of their knowledge. Higher Vocational Training These are four-semester (two-year) module-based, highly specialised and practice-oriented programmes that focus on the demand of the labour market. They lead to a diploma in the specific field of study. Lifelong Learning Today it is usually not enough to rely on knowledge acquired years ago. The Lifelong Learning Centre of BBS offers different forms of training to update professionals in various areas, including on-the-job courses, Master s programmes jointly operated with foreign universities, etc. Short Courses Since the changing environment of business life requires constant updating of the skills and knowledge gained years ago, BBS provides programmes which can meet these demands. BBS and its Colleges therefore offer different forms of training to update professionals in various areas. For more details see the BBS webpage at
7 7 The Structure and Management of the Budapest Business School THE SENATE ADVISORY BOARD THE RECTOR RECTOR S OFFICE COLLEGES ACADEMIC DEPARTMENTS PROFESSIONAL ACADEMIC DEPARTMENTS SATELLITE INSTITUTES A simplified organogram of the BBS The Senate The Senate is the decision making and controlling body of the BBS. It consists of 19 members having voting rights. At least one fourth, but not more than one third of the Senate consists of students; however, the majority (including the Rector) is a body of elected academics or researchers. The Advisory Board The Advisory Board is mainly concerned with the financial management of BBS. It is responsible for strategic business decisions and for making the best use of the funds available. It also has the power to audit the implementation of the decisions taken. The Rector s Office The chief officers of the Rector s Office are the Vice-Rectors and the Treasurer. The Rector s Office is in charge of organizing and controlling the operation of the BBS. The Colleges Each college is a separate unit in charge of planning, developing, organising and teaching the accredited programmes. The three colleges constituting the BBS are: the College of Commerce, Catering and Tourism (CCCT), the College of International Management and Business Studies (CIMBS), and the College of Finance and Accountancy (CFA). Academic Departments The academic departments are in charge of the disciplines constituting the common core of all academic programmes. Department of Economics and Methodology Division of Economic and Social Sciences Division of Methodology (Business Mathematics and Computer Science) Department of Foreign Languages and Communication Each college has a division to teach foreign languages specific to the programmes taught. Professional Academic Departments These departments are in charge of specific disciplines of business studies taught in the colleges. They are responsible for all the professional subjects taught in Bachelor s and Master s programmes. Department of Commerce and Marketing - Division of Marketing - Division of Commerce Department of International Business Economics - Division of Economic Diplomacy - Division of International Trade and EU Studies Department of Communication and Media - Division of Applied Communication - Division of Social Communication Department of Catering and Tourism - Division of Catering - Division of Tourism Department of Business Teacher Training and Pedagogy - Division of Teacher Training - Division of Physical Education Department of Finance and Accountancy - Division of Finance - Division of Accountancy - Division of Auditing Management Department of Management and Human Resources - Division of Entrepreneurship and Human Resources - Division of Business Informatics Satellite Institutes The College of Finance and Accountancy has two satellite institutes: one in Salgótarján, about 100 km north of Budapest, and the second in Zalaegerszeg, about 240 km south-west of the capital. Both institutions offer the same courses as the Budapest headquarters.
8 College of International Management and Business Studies (CIMBS) Prof. Judit Hidasi Dean T he history of the CIMBS reaches back to 1957 when the International Commercial Correspondence School was established with a view to training highly qualified experts in commerce who spoke foreign languages. In 1962 the School was renamed the Foreign Trade School, and in 1972 it was entitled to award college degrees in Foreign trade. In 1992, programmes were launched in English and French in cooperation with foreign universities. In 2000, the College became part of the Budapest Business School. At present, the CIMBS has about 4000 students. Academic programmes offered by CIMBS BACHELOR S PROGRAMMES Commerce and Marketing - Marketing Communication - Quality Management - International Marketing Communication and Media Studies - Multicultural Communication - Public Relations and Spokespersonship - Regional Relations and Project Management International Business Economics (also in English and French) - Economic Diplomacy - International Business Enterprises - International Business Communication
9 9 HIGHER VOCATIONAL TRAINING Commercial Management Advertising International Business Management International Forwarding and Logistics Communication Institutional Communication International Communication Office Management International Correspondence Head of Secretariat POST-GRADUATE PROGRAMMES Advertising Export-Import Management Intercultural Management in Asia Logistics and Forwarding Market Research Marketing Applications Public Relations and Spokespersonship Social Sciences and Business Translating and Interpreting Special Module on Marketing Diplomacy and EU Studies MASTER S PROGRAMMES Master s in Marketing (to be launched in February 2009) Master s in International Studies (to be launched in September 2009) MA in e-business, Net-Economie (in French, in cooperation with the Picardie Jules Verne University, France)
10 10 Research and Publications Research is conducted in three areas: economics, linguistics, and communication media. The number of articles, papers, studies, and books published by CIMBS faculty ranges, on average, between 120 and 140 annually. CIMBS published three periodicals, two in Hungarian and one in English (EU Working Papers). Faculty members take an active part in research at national and international levels. Five colleagues are members of different bodies of the Hungarian Academy of Science, one of our colleagues is a UNESCO professor and another obtained the title of Jean Monnet Chair.
11 11 Connections with the Business Community Our school lays particular emphasis on cooperation with domestic businesses, multinational companies, and other professional bodies. In 2002, a Career Office was set up to promote cooperation with employers and employers organisations and to give students assistance in finding internships and jobs after graduation. Over the past few years, we have organised presentations, workshops, and mock interviews jointly with Hungarian and international businesses. Some of the businesses with which we have regular contacts are Colgate-Palmolive Hungary, Budapest Bank, Citybank, Procter and Gamble, IBM Hungary, Samsung Hungary, Porsche Hungaria, to mention just a few. Cooperation with other universities Apart from contacts with numerous Hungarian institutions of higher education and other organisations involved in business education, we have student and staff exchange agreements and other types of cooperation agreements with several European universities. Since CIMBS has special language training programmes, we have extensive Asian and Far-Eastern connections, e.g. with Russia (Pushkin Institute, University of Krasnoyarsk), Ukraine (Kiev State University), Japan (Josai University, Ritsumeikan University), China (Tienchin University), India (MICA University), and Turkey (Istanbul Aydin University). CIMBS has had joint programmes (in French and in English) for nearly 16 years with foreign universities and colleges, e.g. Picardie Jules Verne University, Amiens, France; and Avans HogeSchool, Breda, Holland.
12 College of Commerce, Catering and Tourism (CCCT) Krisztina Zimányi Ph.D. Dean T he earliest predecessor of the CCCT was the Academy of Commerce founded in 1857 as the first Hungarian institute of higher education of commerce, in today s terms, the first business school of the Austro-Hungarian Empire. The building which today houses the headquarters of CCCT in Alkotmány utca, in the centre of Budapest, was handed over to commercial higher education in Then it was used for both secondary and higher level education until 1969, when the College of Commerce and Catering was established. The academic programmes offered by CCCT BACHELOR S PROGRAMMES Commerce and Marketing (also in English and German) - Commerce - Marketing Tourism and Catering (also in English and German) - Catering and Hotel Management - Tourism and Hotel Management Teacher Training in Commerce and Catering - Commerce - Catering HIGHER VOCATIONAL TRAINING Commercial Management Advertising Business Administration Commercial Management European Union Business Management SME Management Catering and Tourism Management Catering Tourism
13 13 POST-GRADUATE PROGRAMMES Commodities and Consumer Protection Customer Service Management EU Affairs Medical Tourism ICT in Services Investment Management Market Research and Public Opinion Survey Marketing and Entrepreneurship Organisational Communication Protocol and Event Organisation Regional Tourism Special Language Teaching Methodology Tourism and Hotel Business Wine Tourism MASTER S PROGRAMMES Tourism Management Teacher Training in Commerce and Marketing Teacher Training in Catering an Tourism
14 14 Research and Publications CCCT professors carry out research in their respective fields of study. Most of the work is concentrated on developing new teaching materials. Last year, for example, 19 books, 36 textbooks and nearly 50 papers were written by CCCT staff members. Most publications are also used in professional training outside of the school. In harmony with the idea of concentrating on business practice, CCCT faculty members have done work for some major Hungarian organisations. A few examples of such companies are the Hungarian Railways, Coca-Cola, Unilever and Danubius Hotels Group.
15 15 Cooperation with other universities CCCT has developed a rather extensive network through cooperation with a large number of national and international businesses, organisations, and professional bodies. The College has established intensive contacts in many fields with a large number of foreign universities. Over the past few years we have had active cooperation programmes with 56 universities and colleges abroad. Most of them are European institutions, but we have had contacts with US, Canadian, Thai, and Egyptian universities, and recently we have established some connections with counterparts in China, Hong Kong and Vietnam. Our most important partner institutions are Thomas Valley University, NHTV Hogeschool Breda, Fachhoschschule Kempten, Fachhochschule Hof, and the Université du Havre, Le Havre.
16 College of Finance and Accountancy (CFA) András Jánosa Ph.D. Dean T he origins of the CFA date back to 1857 when the Commercial Academy of Pest was established. Since then the CFA has undergone a number of changes in name and role. Its present role and profile was formed in 1953, when a College of Accountancy was created. In 1962, it moved to a new location in Buzogány utca, which is currently the CFA s headquarters. In 1971, CFA set up a satellite institute in Zalaegerszeg and the following year another in Salgótarján (240 km and 100 km, respectively, from Budapest), thus CFA has become the flagship college of higher education in finance and accounting. Academic programmes offered by CFA BACHELOR S PROGRAMMES Business Management (in Budapest, Salgótarján and Zalaegerszeg) - General Business Management - Business Information Systems - Statistical Analysis Human Resource Management (in Budapest only) Finance and Accounting (also in English) (in Budapest, Salgótarján and Zalaegerszeg) - Finance - Accounting HIGHER VOCATIONAL TRAINING leading to the title of Accounting Assistant Banking Assistant Business Administration Assistant Financial Assistant IT statistician and planning assistant Project Management Assistant Public Finance Management Assistant Securities Sales Assistant Tax Management Assistant
17 17 POST-GRADUATE PROGRAMMES Audit Management and Consulting Introduction to Auditing Banking Risk Management Business Accounting Business and Human Resource Management Business Coaching Business Information Systems Corporate Finance Crisis Management and Asset Custody EU Project Management and Financing Finance: Taxation, Customs and Other Duties Financial Controlling and Consulting Financial Management of Municipalities ICT in Banking Leadership Macroeconomic Analysis Management Training Project Management Public Finance and Public Sector Accounting Taxation and Financial Supervision MASTER S PROGRAMMES (to be launched) Accounting Finance Management and Leadership
18 18 Research and publications Due to the dynamic nature of this field, the disciplines taught in this college are subject to everyday changes. That is why CFA faculty members are expected to continuously revise the existing teaching materials to keep them up-to-date. This endeavour is well reflected in the large number of new professional publications textbooks, case studies, lecture notes, and, of course, short papers. Last year, for example, CFA professors produced 60 publications. CFA faculty members are outstanding representatives of the profession; most of them are members or leaders of national and/or international professional organisations.
19 19 Domestic and international cooperation Besides playing a decisive role in the system of national higher education, the CFA has established various connections with foreign universities, colleges and professional bodies including Great Britain, France, Germany and the United States. The school also participates in different international educational programmes and organisations, such as Erasmus, Leonardo, and EDEN. CFA attaches particular importance to establishing good contacts with professional bodies accountancy bodies, international accounting bodies, financial regulatory agencies, employers organisations, and, of course, with domestic and multinational businesses.
20 20 Infrastructural development Budapest Business School has benefited from national development projects in higher education. The inner courtyard of the historic building of BBS in Markó utca, central Budapest, has been covered with a glass-roof structure, thus creating a large, multifunctional hall which can be used as a lecture theatre or for various events celebrations, receptions, festivities, and even balls. Another project was the enlargement of the CFA campus in Buzogány utca with a new wing containing a large lecture theatre that, with the removal of the seats, can easily be converted into a ballroom. The extension includes a new floor on top of the old building, providing the college with further classrooms and offices. On a new area of 1240 m 2, there is room for an additional 954 students. The total cost of the construction was almost 7 million dollars, funded overwhelmingly by EU sources.
21 21 Student services Libraries The three colleges have their own separate libraries where students and faculty members can look for Hungarian or foreign-language books or periodicals they might need. The libraries are also open to the public. The library of the College of International Management and Business Studies has over books; the library of the College of Commerce, Catering and Tourism has a valuable collection of publications in the area of catering industry, which attract domestic and international researchers. The library of the College of Finance and Accountancy specialises in publications about finance and accounting. The libraries are also members of the library network, which makes it possible to receive information from other libraries, too. Information and Communication Technology The colleges are well equipped with modern ITC devices; thousands of computers, high-tech networking, and state-of-the-art visual aids to support education and research. The BBS website ( makes it possible for students, staff-members and any interested party to receive the latest information about whatever happens in the school. Student activities The students have various organisations to protect their interests, organise sports or cultural activities, and maintain connections with other institutions. The school has its own choir and theatre group. AIESEC, the international organisation of business-school students, plays a very important role in the life of BBS students, too. The most important activities of AIESEC include international exchange programmes, which makes it possible for our students to find placement in about 80 countries.
22 22 Student Residences Each college has Halls of Residence to provide accommodation to students who need it. These Halls of Residence are usually within easy reach of the college, in other cases farther away. The rooms have two to four beds, and there are bathrooms, kitchens, washing facilities, and utility rooms to make life easier and more comfortable for students. Sports facilities, recreation rooms, internet connections, and medical services are also available. The Hall of Residence of the College of Commerce, Catering and Tourism is located in Buda, in a very quiet and peaceful area. The College of International Management and Business Studies has two Halls of Residence: one on the CIMBS campus and another one jointly operated with the College of Finance and Accountancy, on the campus of the latter college. The College of Finance and Accountancy has three Halls of Residence: one on the central campus of the college in Budapest, which also accommodates CIMBS students, another one in Zalaegerszeg and the third in Salgótarján.
23 Addresses: 5 The Salgótarján Institute of the College of Finance and Accountancy 3101 Salgótarján, Kistarján u. 7. Telephone: (+36) Fax: (+36) Rector s Office 1149 Budapest, Buzogány u Telephone: (+36) Fax: (+36) Rector s Office 1055 Budapest, Markó u Telephone: (+36) Fax: (+36) College of International Management and Business Studies (CIMBS) 1165 Budapest, Diósy L. u Telephone: (+36) Fax: (+36) The Zalaegerszeg IUnstitute of the College of Finance and Accountancy 8900 Zalaegerszeg, Gasparich u. 18/a Telephone: (+36) Fax: (+36) College of Commerce, Catering and Tourism (CCCT) 1054 Budapest, Alkotmány u Telephone: (+36) Fax: (+36) Lifelong Learning Centre 1055 Budapest, Markó u Telephone: (+36) , (+36) Fax: (+36) felnottkepzes@bgf.hu 4 College of Finance and Accountancy (CFA) 1149 Budapest, Buzogány u Telephone: (+36) Fax: (+36) Higher Vocational Training Centre 1102 Budapest, Liget u. 22. Telephone: (+36) Fax: (+36)
24 II. XII. III. 7 I. 8 V. VI. XIII. 2 VIII. XIV. XV X. 9 XVI. XI. IX. XVII. XIX. XX. XVIII. XXII. BGF Budapest 5 XXI. XXIII. Photo: János Váraljai Design&Print: 6
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