Budapest Business School

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Budapest Business School
Budapesti Gazdasági Főiskola
Logo of the Budapest Business School.jpg
Established 1857
Type Public
Students 25,000
Location Budapest, Salgótarján, Zalaegerszeg, Hungary, EU
Campus Urban
Affiliations IAU, EUA, HAC, ENQA, NIVE, NIBS, SPACE, EURASHE, EDEN, ATMU, EFAH, ERASMUS, SOCRATES, AIESEC, BCCI, EDIRC, LEONARDO, EAIE, AWBMAMD, CEEPUS, MONTIFIC, ECQA
Website http://www.bgf.hu
BBS campus at Downtown Budapest, hosting conferences for the Hungarian Presidency of the EU
Budapest Campus of the College of Finance and Accountancy

The Budapest Business School - BBS - (Hungarian: Budapesti Gazdasági Főiskola - BGF, German: Wirtschaftshochschule Budapest) is a renowned multi-campus business school in Hungary. Being established in 1857, it is officially the second oldest business school in the world.[citation needed]

The university offers associate degree programs, bachelor's degree programs, master's degree programs, postgraduate diploma programs, professional qualification programs and PhD degree programs, with either Hungarian, English, German, Dutch or French state degree accreditations, being recognized within the European Union and throughout the world.

History[edit]

Budapest Business School (BBS) was founded as the Pest Academy of Commerce that was established in 1857, which is the official predecessor of the BBS faculties College of Finance and Accountancy and the College of Catering, Commerce and Tourism. Pest Academy of Commerce (German: Pester Handelsakademie, Hungarian: Pesti Kereskedelmi Akadémia) was founded by the second president of the Pest Chamber of Commerce, József Appiano, Antal Valero (first president of the Pest Chamber of Commerce, and later Pest Mayor) and by Habsburg Emperor Francis Joseph. At the beginning, the language of education was German at the academy.

It was the first higher educational institution for business studies in Austria-Hungary, thus it was the first business school in Central Europe. Moreover, it is the oldest existing business school in the world, following the ESCP Europe with its campuses in Paris, London, Berlin, Madrid, and Torino. After the cities Buda and Pest merged, the institution was renamed to Budapest Academy of Commerce. Most of the business professionals and economists of the country gained their qualifications there as it was the only business school in the country that time.

Architect Győző Czigler designed the Alkomány street campus of the Budapest Academy of Commerce in 1882, and the construction was finished in 1885, when the construction of the Hungarian Parliament Building was also starting directly next to it. He was the architect of the Széchenyi thermal bath and many other famous buildings. The campus at the Alkotmány street is still one of the main campuses of the Budapest Business School. BBS's campus at the Markó street is also located in Downtown Budapest. It is also a monumental building, designed by famous architect Ferenc Kolbenheyer (father of Erwin Guido Kolbenheyer) in neoclassicel style in 1872. The Markó street campus of the Budapest Business School is a close but more modest kin of the top-ranked ETH Zurich, designed by Gottfried Semper and Gustav Zeuner. There is a famous Council Room at the Markó street campus called Lotz Room, full with paintings painted by Károly Lotz and Mór Than. Many of the conferences of the Hungarian Presidency of the Council of the European Union was held in this room, and in other lecture rooms of the Markó street campus. Budapest Academy of Commerce was a private business school until 1949, when it was secularized by the government, becoming a public business school.

After the school was renamed and changed several times, the College of Accountancy was established in 1953, and the College of Catering and Commerce was established in 1969. The forerunner of the College of International Management is the School of International Commerce that was established in 1957. In January 2000, the colleges created the Budapest Business School and became faculties of the university. The University was awarded the Quality Award of Higher Education by the Minister of Education in 2010. In March 2011, the College of Business Administration faculty was established out of the College of Finance and Accounting campus in Zalaegerszeg.

Official Predecessors of the Budapest Business School[edit]

Name Location Period
1 Pest Academy of Commerce Pest 1857–1873
2 Budapest Academy of Commerce Budapest 1873–1953
3 Oriental Academy of Commerce Budapest 1899–1920
4 College of Accountancy Budapest 1953–1970
5 College of Finance and Accountancy Budapest 1970–2000
6 College of International Management Budapest 1969–2000
7 College of Commerce, Catering and Tourism Budapest 1969–2000
8 Budapest Business School Budapest 2000–present

Faculties and Schools of the Budapest Business School[edit]

  • College of Finance and Accountancy, Budapest
  • College of Finance and Accountancy, Salgótarján
  • College of International Management, Budapest
  • College of Catering, Commerce and Tourism, Budapest
  • College of Business Administration, Zalaegerszeg
  • International Doctoral School of Business Administration, Budapest

Bachelor's Programs[edit]

  • BA in Business Economics and Management
  • BA in Finance and Accounting (also in English language)
  • BA in Tourism and Catering Management (also in English and German languages)
  • BA in International Business Economics
  • BA in International Business Economics (from BBS) and BA in Business Administration (from the Avans University, Netherlands) dual degree program in English language
  • BA in International Business Economics (from BBS) and BA in Business Administration (from the Frankfurt University of Applied Sciences, Frankfurt, Germany) dual degree program in English language
  • BA in International Business Economics (from BBS) and BA in Business Administration (from the University of Picardie Jules Verne, Amiens, France) dual degree in French language
  • BA in Commerce and Marketing (also in English and German languages)
  • BA in Human Recource Management
  • BA in Business Information Technology
  • BA in Communication and Media
  • BA in Business Education
  • BA in Business Management (top-up honours year with the Anglia Ruskin University, Cambridge, UK in English language)
  • BA in SME Business Management (degree from the Paris West University Nanterre La Défense, Paris, France)

Master's Programs[edit]

  • MA in International Business (with the Anglia Ruskin University, Cambridge, UK in English language)
  • MA in Global Communication (with the Anglia Ruskin University, Cambridge, UK in English language)
  • MA in Finance
  • MA in Accounting
  • MA in Tourism Management (also in English language)
  • MA in Marketing
  • MA in Business Education
  • MA in International Studies (also in English language)
  • MA in Management and Leadership
  • MA in E-Business (with the University of Picardie Jules Verne, Amiens, France in French language)

Budapest Business School also offers 51 postgraduate professional degree programs.

Doctoral Program[edit]

Rankings[edit]

  • By the Spanish National Research Council, BBS is ranked on Webometrics Research as the #1 business school in Hungary, #40 in Europe, and #112 in the world
  • BBS was the only Hungarian business school that was ranked among the top 100 business schools in Europe by Engviet.com
  • According to a research of the Institute for Economic and Enterprise Research (GVI) conducted with top managers in 2009, shown in the HVG Diploma Magazine, Budapest Business School is #1 in the areas of finance, accounting, economic analyses, human resource management and tourism management among all the universities in Hungary, and is also ranked top 3 in any other business and economic study areas
  • BBS provides the most valuable degrees and the best quality education in business management, HR management, commerce and marketing, international business, finance and accounting among all the universities in Hungary by Népszabadság Top 25 Degrees research in 2007
  • By Felvi.hu Rankings (National Higher Education Information Centre), with 14,986 applicants in 2011, BBS is by far the most popular business school in Hungary, and the most popular university in Budapest after the Eötvös Loránd University
  • Felvi.hu Rankings 2010 ranks BBS #1 in quality of business education economics among all the Hungarian business schools
  • Felvi.hu Rankings 2010 ranks BBS #2 in value of its degrees in business
  • Felvi.hu Rankings 2010 ranks BBS #1 in difficulty of its degree programs in business
  • Heti Válasz Rankings and CEMI (Central European Management Intelligence) research 2011, conducted with business managers and HR companies, ranks BBS #1 among all universities in Hungary


AIESEC at the Budapest Business School[edit]

Budapest Business School is the only higher educational institution in the world that hosts several offices (Local Committees) of AIESEC. AIESEC is the third largest non-profit organization in the world, after the United Nations and the Red Cross. It is run by students, getting the university students and the corporate sector together, providing exceptional experiences for students. As there is one AIESEC office for each BBS faculty, there are exceptionally three AIESEC offices at the Budapest Business School, out of the five AIESEC offices in the city of Budapest.

Here is this Wikipedia page on Facebook for the Budapest Business School: http://www.facebook.com/pages/Budapest-Business-School/164458090285621?sk=wiki

References[edit]

Coordinates: 47°30′29″N 19°07′29″E / 47.50806°N 19.12472°E / 47.50806; 19.12472