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The Faculty of Economics was awarded 5 Palms of Excellence and thus ranks again among the top schools in Eastern Europe

25.10.2018Comments are closed.

At the 11th Eduniversal World Convention held between 16 and 19 October 2018 in Dubrovnik, the Faculty of Economics of the University of Ljubljana (FELU) made it into the top rank of 5 Palms of Excellence and was proclaimed the second-best business school in Eastern Europe.

On behalf of FELU employees and students, the award was accepted by the Dean Prof. Dr Metka Tekavčič, the Secretary Tilen Balon, MSc, and the Head of the Quality Assurance Office, Smiljana Zajec, MSc. In her acceptance speech, the Dean emphasised she was proud the FELU was again endorsed as a high-quality international school and expressed her desire for the FELU to become the first-choice establishment for students wishing to study in this part of the world.

The Eduniversal international ranking features 1,000 of the world’s top business-economic schools from 154 countries. Every school is awarded a certain number of Palms of Excellence (from 1 to 5). The ranking criteria include quality, international impact, international accreditations awarded, position in international rankings, membership in international organisations as well as the school’s reputation and influence on the region. Only 100 of the best schools from all over the world receive five Palms of Excellence and our Faculty of Economics is one of them.

Every year, during the Eduniversal World Convention, the Eduniversal TOP3 business schools from each of nine geographic areas receive awards. This ranking is based on the results of online voting by the deans of 1,000 business schools from all parts of the world.

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Photo: All award recipients by geographical region

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Photo: FELU Dean Prof. Dr Metka Tekavčič in the company of the Dean of Corvinus Business School, Dr Zita Zoltay Paprika.

In the Eastern European region, first place is held by the University of Economics Prague from the Czech Republic (5 Palms of Excellence). Second place was awarded to the Faculty of Economics, University of Ljubljana, Slovenia (5 Palms of Excellence), Corvinus University of Budapest, Corvinus Business School, Hungary (4 Palms of Excellence) and the Graduate School of Management, St. Petersburg University, Russia (5 Palms of Excellence). Third place is shared by the Zagreb School of Economics and Management, Croatia (4 Palms of Excellence) and the University of Warsaw – Faculty of Management, Poland (5 Palms of Excellence).

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From left: Dr Oleksii Vynogradov (International Management Institute – MIM Business School, Ukraine), Dr Virginijus Kundrotas (Adizes Graduate School, USA and Eduniversal Scientific Committee member for Eastern Europe), Prof. Iryna Tykhomyrova (International Management Institute – MIM Business School, Ukraine), Dr Đuro Njavro (Zagreb School of Economics and Management), Prof. Dr Metka Tekavčič (University of Ljubljana, Faculty of Economics, Slovenia), Prof. Igor Postuia (University of Warsaw, Faculty of Management, Poland) and Prof. Zita Zoltay Paprika (Corvinus Business School)

Aside from handing out the awards, a conference was held in Dubrovnik that delved into themes relating to business schools’ response to the 4th Industrial Revolution. In the framework of a roundtable entitled How to assure continuous innovations & change within business schools (Transformation & nurturing of business school’s organisational culture), Prof. Dr. Metka Tekavčič presented an example of good practice from the FELU. Besides her, the following participated in the roundtable: Dr Virginijus Kundrotas (Adizes Graduate School, USA and Eduniversal Scientific Committee member for Eastern Europe), Dr Zoran Barac (Zagreb School of Economics and Management) and Dr Christian Kahl (Almaty Management University, Kazakhstan).

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From left: Dr Christian Kahl (Almaty Management University, Kazakhstan), Dr Zoran Barac (Zagreb School of Economics and Management), Dr Metka Tekavčič (University of Ljubljana, Faculty of Economics) and Dr Virginijus Kundrotas (Adizes Graduate School, USA and Eduniversal Scientific Committee member for Eastern Europe)


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