Pibs Prague International Business School

Prague International Business School was founded in 1992. The founding bodies of the new non-profit education organization were University of Economics and the Management Studies Foundation. The mission of the Prague International Business School at the University of Economics is to offer an internationally recognized MBA degree study that meets the demanding requirements for this kind of study. PIBS is a founding member of the Czech Association of MBA Schools (CAMBAS) and is a member of the Czech Management Association. As the first Czech school, PIBS became an associated member of European Foundation of Management Development (EFMD) in 1994. The main goal of the foundation is to increse the quality of management study in Europe. First graduates acquired their MBA degrees in 1995. Further graduations followed in the years 1996 and 1998. One of the key factors of a successful business activity is the quality of management. When hiring new managers a growing number of companies, especially on the international level, consider whether they have an MBA degree. MBA study programs and courses have to be of a universal character in order to provide education for top managers in any business sphere. Thanks to this, the graduates are valued high on the labor market. The MBA study in our country is regarded as a postgraduate form of study which is part of life-long education. This is to be reflected in the content, duration, professional orientation and pedagogical quality of the study.