Budapest Business School

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6The Budapest Business School, Hungary"s market leading and largest university, educating some 16 000 students, was established as a result of the Hungarian higher education integration and on 1 January 2000 the three legal predecessors were merged.
The predecessor of the FCCT was the Academy of Commerce established in 1857. Expanded by the Eastern Academy of Commerce in 1899, this was th...e first college of commerce in the Austro-Hungarian Monarchy, in the Central European region. Experts for commerce and banking were trained at this school. After World War II till 1962 there was a secondary school of commerce operating in the old impressive building in Alkotmány street. By restructuring education it became a Commercial School of Higher Education, and building upon traditions it was given a college status in 1969 by the name of College of Commerce and Catering. The institution finally adopted today"s name implying independent tourism training in 1992.
The history of the FIMB dates back to 1957. At this time the International Commercial Correspondence School was established with a view to train highly qualified experts in commerce who speak foreign languages. In 1962 the School became an independent International Commercial School of Higher Education. In 1971 it was granted College status by the name of College of Foreign Trade. In 1992 two dual award programmes were launched in English and French in cooperation with two international partner institutions of higher education. At present there are some 4.000 students studying on the various programmes offered by the FIMB.
The history of the FFA can be traced back to the shared common origins of economic vocational training of higher education, to the Pest Academy of Commerce established in 1857, then to the Eastern Academy of Commerce. In a strict sense, the establishment of the College of Accountancy in 1953 can be regarded as the date of foundation. The institution took the name of College of Finance and Accountancy in the academic year of 1970-1971. A regional institute of the college was founded in Zalaegerszeg in the academic year of 1971-1972, and another one was set up in Salgótarján the following year. Since then FFA has become the flagship college of higher education in finance and accountancy.
Graduates of the legal predecessor institutions and already of the BBS in the past years have become the most widely recognized and the most sought-after experts in the domestic labour market, several of them are prominent personalities of the Hungarian society and economy.
In September 2006 eight undergraduate (BA) educational programmes (Human Resources, Business Administration and Management, Commerce and Marketing, Communication and Media Science, International Business Economics, Finance and Accounting, Tourism and Catering, Business Teacher Training) were launched under the "Bologna system"
In September 2008 the first independent post-graduate (MA) educational programme (Teacher of Economics) was launched, which was followed by two new programmes (Marketing, Tourism Management) in February 2009, and by three new ones (International Relations, Finance, Accounting) in September 2009.
On 28th April, 2010 the Budapest Business School received a Higher Education Quality Award in recognition of its outstanding achievement in quality improvement.
In September 2010 the Business Administration doctoral (PhD) programme of Anglia Ruskin University was started due to the co-operation agreement between Anglia Ruskin University and the Budapest Business School (BBS).
In 2016 BBS received the title of "University of Applied Sciences".
In the academic year 2017-2018 Budapest Business School offers 12 undergraduate programmes, 6 post-graduate programmes, 21 short cycle higher education programmes, 48 post-graduate diploma courses and there is a wide choice of adult educational programmes. 10 programmes including 3 master programmes are lauched in English, German or French as well.
The Higher Education Quality Award was given by the Ministry of Education and Culture in 2010 in recognition of quality management activity of the Budapest Business School.
The quality policy of the university is basically formulated considering the following factors:
The main requirement of the social and economic environment in the 21st century is the assurance of continuous improvement of Quality of Life through the complex quality management system of educational level, institutional infrastructure, institutional environment, our external partners, levels of knowledge, existential safety of our internal partners.
Meeting the requirements of the Bologna Declaration with respect to the single quality management activity assuring transferability of credits, comparable criteria and methods in higher education institutions in the EU.
Quality management work is co-ordinated by the Quality Assurance and Assessment Committee under the Senate, operative tasks are performed by Quality Management Office in collaboration with quality management representatives of individual faculties.
Quality management system at the BBS was implemented step by step and even today it is under continuous development. On the accreditation in 2005, the Quality Management Manual (at present its third version is in force) was drawn up by the already appropriate quality management organizational unit and Quality Management policy was formulated. The quality management system of the BBS is fundamentally based on higher education quality management standards (ENQA/2005) and it takes into consideration the professional recommendations of the consortium of four higher education institutions formed within the framework of HEFOP/2004.
From 2006 we have further developed our quality management activity on the basis of the Excellence Model in accordance with EFQM Common Assessment Framework that is in conformity with the EU and is based on self-assessment, and even today this is one of the directions of our development. As a result of self-assessment we have mainly processed the strengths and weaknesses of conditions applying the logic of PDCA model in the interest of sustainable growth. Our quality management development is closely connected with the BBS Institutional Development Plan modified in 2007; it can be regarded as its integral part and its means. The long-term competitiveness of our institution can be assured by the sustainable quality management development based on excellence criteria.
In addition to the present Excellence Model in our quality development strategy, we aim at introducing the quality standard MSZ EN ISO 9001/2009 and in September 2010 we started it at all the three faculties of the college in the interest of easier international comparability and more exact regulations. Our further aim is to make the MSZ EN ISO 9001/2009 standard higher education-specific by integrating higher education institutional standards into quality standards, and to enhance continuous development of the Excellence Model based on TQM.
As a result of the successful implementation of its quality development goals the Institution acquired an ISO Certification in April 2012. The BBS received the title of University of Applied Sciences in 2016.