ECONOMY

Wide recognition for ALBA in 10 years

Ten years after its foundation, the Athens Laboratory of Business Administration (ALBA) has achieved wide market recognition, judging from the high percentage of graduates able to find work of their own choice shortly after graduation, Nikos Empeoglou, president of the non-governmental and non-profiteering school, said. «Ninety-two percent of graduates of ALBA’s one-year Master of Business Administration degrees are able to get jobs of their own choosing in the first five months after graduation,» he told a press conference yesterday. He said a study commissioned by the school last year showed that both graduates of ALBA and other comparative schools rated ALBA highly in light of its level of studies, quality of teaching, prestige, infrastructure and relevance to the market. Nikolas Travlos, dean, said ALBA aims to be «the Harvard of the Balkans.» «We are following in the footsteps of tried and tested centers of learning abroad such as Harvard, MIT and INSEAD,» he said. Set up on the initiative of the Federation of Greek Industries and the Hellenic Business Management Association 10 years ago, ALBA offers one-year MBA courses and business studies programs for lawyers and company executives. It also runs conferences. Empeoglou said ALBA aims to set up its own campus in a couple of years. As part of this objective, the school will start a fund-raising drive in the coming weeks. ALBA is currently financed by private endowments and grants. The Winter Games kicked off the Olympic year until they were switched, 70 years on, to alternate years. They had grown too big and successful in their own right. From an original five sports and 14 events, growth was progressive but not exponential; Lillehammer, Norway in 1994 had 10 sports, though the Nagano, Japan, 1998 Games opened up to the younger generation with snowboarding and moguling, added more women’s events (luge, ice hockey), and boasted 14 sports and 68 events.