Monday, March 03, 2014 at 12am

NASDAQ Grant for CEU MBA Students from Emerging Economies: MBA News

NASDAQ Grant for CEU MBA Students from Emerging Economies: MBA News main image

CEU Business School in Budapest, Hungary has won a three-year grant from the NASDAQ OMX Educational Foundation which will be used to provide an annual master’s in finance and MBA scholarships for students from emerging economies

The MBA scholarships will be awarded on a competitive basis to such students, who will be encouraged to return to their home countries to work in the financial services industry after completing their studies at CEU Business School. The sector is a focus area for the school, which played a role in helping Central and Eastern Europe transition to market economies after the fall of the Soviet Union. The goal is now to replicate this in emerging economies.

MBA Scholarships to create new opportunities

"We are delighted to partner with the NASDAQ OMX Educational Foundation to support the education of our future business leaders," said Mel Horwitch, Dean of CEU Business School in a news item on the school’s website regarding the MBA scholarship fund. "Already, approximately 80% of CEU Business School’s MBA graduates came from countries with transitioning or emerging economies, including Hungary, Romania, Russian Federation, Georgia, and India. With these additional scholarships, we can accept more students who otherwise might not have the opportunity to experience a quality business and finance education."

CEU – Central European University in full – is the first institution to receive such a grant from the NASDAQ OMX Educational Foundation in Central and Eastern Europe. Established in 1994, the foundation is supported by contributions from the NASDAQ OMX Group, which operates stock markets in Nordic and Baltic nations and Armenia as well as the NASDAQ in the US.

Candidates from emerging economies will be awarded the MBA scholarships based on their leadership potential.

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