The European Education Directory

(Athens Laboratory of Business


Address Athinas Avenue & 2A Areos Str., 166 71, Vouliagemni,
Tel. No. + 30 (0) 210 8964531
Fax No. + 30 (0) 210 8962139
E-mail address
Courses MBA (Masters in Business Administration)
Length of course One year
Type of course Full time
Date of commencement September
Application Deadlines Applications are received all year long.
Class Size Average of course intake is 50
Student accommodation Arrangements for student accommodation can be made via the MBA Office.
Financial assistance A number of scholarships fully or partially covering tuition fees are offered by sponsoring companies and organisations. Also, students can get a loan with very favourable terms from Greek banks with which ALBA has special agreements.
Top recruiters of our graduates Top Recruiters of MBA Program Graduates (1993-2003)
  • ALPHA BANK S.A. (M),
  • Kraft Foods HELLAS SA
    (M)= ALBA Corporate Member
  • Exchange Partner Programmes
  • Exchange Program - Bordeaux School of Management (GROUPE ESC BORDEAUX) (France)
  • Exchange Program - EM Lyon (France)
  • MY GLOBE (Managing Young Global Enterprises) :Joint Executive Program by INSEAD, ALBA and five partner business schools
  • Leadership & Team Effectiveness: Joint Executive Program by ALBA and Yale School of Management
  • Admission requirements The MBA Applicant Profile
    ALBA welcomes applications from candidates who hold an undergraduate degree/diploma of university studies in areas such as engineering, science, liberal arts, economics, law or business. In addition, since English is the language of instruction, it is essential that all participants have excellent command of the English language. Work experience, and GMAT score further enhance the candidacy.

    Ideal candidates should have three years of work experience and if applicable, should have fulfilled their military obligations. Candidates with less work experience but with strong performance and managerial potential, will also be considered.

    Student Qualifications
    Applicants who conform to the ALBA Applicant Profile must have a number of qualifications:
    1. Good command of the English language (as evidenced with TOEFL scores, Proficiency degree and oral performance in an interview)
    2. Satisfactory prior academic performance
    3. Strong recommendations from their employers and professors
    4. Satisfactory performance in a personal interview
    5. GMAT Score (optional) will strengthen one's application

    Admissions Process
    Candidates to be considered for the MBA Program must submit the following documents:
    1. A complete Application Form including two recent photographs
    2. Two Letters of Recommendation from professors and/or employers
    3. Official transcripts or marks received from each undergraduate, graduate, and professional school attended
    4. TOEFL score or equivalent proof of command of the English language
    5. GMAT score (optional)

    As part of the admission process, personal interviews are also arranged. When applying, interested prospective applicants are advised to follow the specific directions and deadlines contained in the leaflet "INFORMATION FOR APPLICANTS". Applications received after the submission deadline may not be reviewed for the current intake, but will certainly be reviewed for next year's intake. Also applications with one or more missing documents will not be processed until these documents are received within proper time. Admission to the Program is decided by the Admissions Committee on the basis of qualifications and the student's personality and commitment.
    Student profile 1. Countries of origin: 15
    2. Ratio Men/ Women: 59% Male/ 41% Female
    3. Age Range: 23-45
    4. Average Age: 25.2
    5. Average Work Experience: 2 years
    Contact for application Ms Theoni Triandafillidou


    The ALBA MBA Programme

    The full-time MBA is ALBA's flagship program and has one important aim: to develop leaders with general management skills and perspectives, enabling them to succeed in today's business challenges. We achieve this through an over-intensive 12-month curriculum that consists of a broad range of courses that cover all fundamental management issues. The Preparatory Period starts in August every year, while the core courses commence in September.

    Designed for highly motivated individuals
    The program attracts young professionals who are dynamic and highly motivated. Participants come from different academic and multicultural backgrounds, and wish to advance their career or change career paths. They may hold degrees in disciplines as diverse as Engineering, Science, Economics, Business Administration, Social Sciences, Humanities and Liberal Arts. While the program targets experienced professionals, individuals with a distinguished academic record, but with limited experience may also apply.

    MBA highlights
    Solid foundation in general management The ALBA MBA provides a solid foundation in general management skills. You will gain an in-depth knowledge of management through the core courses, while the electives will allow you to tailor the program to your own needs.

    Cultivating teamwork and innovative thinking
    Entrepreneurship is assimilated into the entire MBA program by faculty who encourage entrepreneurial behaviour and practices in their courses. You are also required to take a core course in Entrepreneurship, which will give you the insight to create new and innovative businesses. Your team will be required to devise and write a business plan for a company that you plan to launch, based on realistic venture ideas. Plans are presented to a panel of venture capitalists, business development managers, and other experts who select the team which will represent ALBA in the prestigious European Business Plan of the Year Competition (EBPYC). In fact, ALBA won the first prize in the 2003 EBPYC held in Rotterdam, and is one of the few business schools that has consistently been among the competition finalists over the last three years.

    Enhancing leadership skills
    As leaders set the tone in organizations, it is important that they recognize and regulate their own emotions, as well as the emotions of others around them. Such Emotional Intelligence (EI) skills are therefore a critical aspect of management and are uniquely integrated into the MBA program starting from the Preparatory Period. The concept of Emotional Intelligence is continuously supported throughout the year, by relevant exercises and practical courses including Negotiations, Creativity and Problem Solving.

    The field-consulting project
    The field-consulting project is the culmination of a year's intensive learning, and the time to implement concepts and methods in a real company environment. You will form teams and spend approximately three months examining a real-life business problem commissioned by an organization. Using the theoretical concepts acquired in class, your team will closely work with the organization, and identify and propose creative and workable solutions. The success of the field consulting projects is evidenced by the large number of proposals submitted by companies each year.

    Exchange programs
    Through our exchange programs, MBA students from international business schools around the world study at ALBA. Some of the schools we currently cooperate with are the Bordeaux Business School (France), EM Lyon (France), Toulouse Business School (France), Kon University (Turkey) and the Leipzig School of Management (Germany). Through such programs, you can build business networks around the world and gain from each other's experiences.

    MBA scholarships
    Irrespective of your financial status, we seek to attract the most outstanding individuals who have demonstrated potential and who can make a difference. We are therefore committed to helping full-time MBA students finance their studies. Applicants who have been accepted may, apply for scholarships and bank loans.


    What we stand for
    The essence of education at ALBA is strongly driven by its mission - to educate the visionary leaders of tomorrow who will act as agents of change and will shape the future business world. We strive to drive those frontiers of knowledge related to the management of business organizations forward, and aim to make that knowledge relevant to practitioners. "Generating" and "disseminating" knowledge represent our twin objectives.

    ALBA's academic activities include
    * the MBA Program (full-time),
    * the Professional MBA program (part-time),
    * the MSc in Business for Lawyers,
    * the MSc in Strategic Human Resources Management,
    * the MSc in Finance,
    * and Executive Development Programs.

    Other activities also include extensive Academic Research, leading to publications in top international academic journals, participation in Applied Research & International Projects, and Public Events with distinguished speakers, both from Greece and abroad.

    Governance and leadership
    Founded by the Federation of Greek Industries, the Hellenic Management Association and the Athens Chamber of Commerce and Industry, ALBA has grown into a leading international business school in Europe. It is a not-for-profit organization, which is governed by ALBA's Corporate Members, the Board of Directors and the Academic Council. ALBA's Corporate Members currently constitute a total of 50 leading companies, which strongly support the School and participate in its activities, while the Board of Directors consists of prominent business leaders who actively participate in decision-making and long-term planning. In its turn, the Academic Council consists of a select group of internationally distinguished business school professors, that review and offer guidance on strategic development issues.

    Supporting ALBA
    The strong support by prominent figureheads and leading corporations has been demonstrated by the significant contributions and endowments made towards ALBA. Especially noteworthy are the establishment of the Kitty Kyriacopoulos Chair in Finance, the Constantinos Kapsakis Endowed Professorship in Financial Services Management, the Aristides Daskalopoulos Endowed Chair in Information Technology Management, the TITAN-INSEAD Visiting Professors Program, along with the George D. Mavros Research Professorship in Organization and Management, and the Tassos Papastratos Research Professorship in Marketing.

    Leading managerially relevant research
    ALBA's strong professorial body consists of leading researchers at the forefront of their subjects. The outstanding academic research record is evidenced by the publication lists of our faculty, some of which rank in the top 1% of international scholars in their field.

    International focus
    ALBA's commitment to maintaining an international outlook is evident not only from its faculty and students, but also from its collaboration with business schools and companies from all over the world. Through its active involvement in Applied Research and International Projects, ALBA continuously enhances its international networks.

    Our students' achievements
    ALBA is one of the four international business schools (along with INSEAD, The Management School / Imperial College and London Business School) that has made it to the final stage of the European Business Plan of the Year Competition (EBPYC) over the last three consecutive years. In fact, ALBA won the first prize in the 2003 competition, which took place at the Rotterdam School of Management - Erasmus University. We were also selected to host the 2004 EBPYC in Athens.

    Our commitments
    Through continuous innovation in research and teaching, ALBA is firmly committed to achieving its strategic objectives and will continue to be an agent of change. We actively seek to influence organizational practices, be in close partnership with the business world and be responsive to its needs. We aim to develop additional links with leading companies and seek further international collaboration with the best business schools around the world. We are committed to continue building on our resources by recruiting exceptional faculty and attracting top students.


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