Memorable party marks 10th anniversary

June 03, 2016

Executive MBA Bucharest turns 10

Since its inception ten years ago, the Executive MBA Bucharest has established itself on the Romanian executive education market like no other MBA. Today, it is one of the country’s top programs. On May 31, 2016, students, alumni, cooperation partners and leading media representatives got together in Romania’s capital to celebrate the 10th anniversary of the Executive MBA Bucharest, raising their glasses to its impressive track record. Gerhard Reiweger, Austria's ambassador to Romania, and Rudolf Lukavsky, Commercial Counselor at the Austrian embassy in Romania, also attended the event and took the opportunity to offer their congratulations on this very special occasion.

On May 31, 2016, the splendid Radisson Blu hotel set the perfect scene for an entertaining evening celebrating the success story that the Executive MBA Bucharest has been for 10 years: So far, more than 230 managers have graduated from the program. Today, one could not imagine the Romanian MBA landscape without the Executive MBA Bucharest, whose alumni have gone on to hold senior management positions in Romania and far beyond.

Fabulous party marks 10th anniversary
Prof. Barbara Stöttinger and Prof. Bodo B. Schlegelmilch celebrate the 10 year anniversary of the Executive MBA Bucharest program.

“The Executive MBA Bucharest has definitely helped my career. I made an extremely courageous change to another business sector and with the knowledge I gathered from the MBA, I managed to motivate a new team and turn us into a high-performance unit got more and more successful. The program opens doors to areas you hardly dared to think of and gives you remarkable trust in yourself as a business manager”, said Stefan Popescu, Class President of the cohort graduating in 2013.

“I am very happy to see that we all contributed to the ascent of the program in this country during these 10 years. This anniversary is something unique as we have the chance to meet up with 10 generations of alumni and this evening can be a starting point for ice breaking debates, new start-up discussions and original ideas”, continued Popescu.

A leading program in Romania

Launched 10 years ago thanks to financial support from OMV/Petrom and Erste Bank/BCR, the Executive MBA Bucharest originally was an initiative aiming to strengthen Romania's economy by providing executives with high-quality training. Today, the program boasts a “triple-crown accreditation” (AACSB, AMBA and EQUIS), which is an extremely rare hallmark of excellence, and, in recent years, it has always come either first or second in the renowned “Ziarul Financiar” Executive MBA ranking.

Prof. Barbara Stöttinger, Dean of the WU Executive Academy, and Prof. Bodo B. Schlegelmilch, Academic Director of the Executive MBA Bucharest, are absolutely delighted with this impressive track record: “Although the original sponsors no longer award scholarships, we have managed to successfully establish the Executive MBA in both Vienna and Romania. The program is in greater demand than ever.”

In her keynote speech, Prof. Stöttinger expressed her special thanks to Rudolf Lukavsky, Commercial Counselor at the Austrian embassy in Romania, for supporting the program unstintingly over the years.

An amazing academic atmosphere

The anniversary party, organized by the WU Executive Club, was attended not only by students and alumni of the program but also by some of the country's leading journalists and by special guests including Gerhard Reiweger, Austria's ambassador to Romania.

Liviu Serban, Managing Director of Idea Leasing IFN SA, cast his mind back to his time as an MBA student: “The Executive MBA Bucharest has been one of the defining periods of my life. It is a unique experience filled with enlightening studies, great simulation experience and international teachers. The academic atmosphere is amazing, the staff of the WU Executive Academy take care as they guide you through the program and in the end you want to do it again”, said Serban. “I am very happy to be present at the 10th Anniversary and wish that the program grows even bigger.”

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