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FIBAA Press Release

Following the fulfilment of all the quality requirements for distance MBA programmes on August 10th, 2001 FIBAA has now accredited the update of the International MBA of IBR Institute of International Business Relations GmbH.

FIBAA has given the IBR MBA programme excellent marks. No other programme has received higher grades on a FIBAA accreditation than the IBR MBA. The quality standards set by IBR Institute of International Business Relations are far beyond today's capabilities of German state universities with respect to coaching of participants, balance of academic and professional experience of the teaching faculty, and the international character of the MBA programme.

FIBAA accredited the first IBR MBA programme in 1999. It was then the first distance learning MBA programme worldwide that was accredited on the basis of explicit distance learning criteria. Only two years later, the FIBAA analysts state that the updated IBR MBA concept could be trend setting in Europe.

FIBAA has spent six months critically analysing this MBA along 86 different criteria. A selection of three criteria that have been marked with excellent plus provide insight of the quality of the programme:

Cross-cultural management: The IBR MBA offers true international and cross-cultural education. It exposes participants to different cultures by running residential periods in various countries with international faculty members and using teaching material that is based on research from top business schools around the world.

Practical application of theory (Project work): The IBR MBA equips managers by accelerating the acquisition of business people and strategic skills. IBR achieves this goal by coaching and supervising participants to act as business consultants where they learn through a wide range of activities to create value for the businesses by putting knowledge into practice.

Academic staff: IBR managed to recruit outstanding teaching staff for its MBA. Those experts not only represent 4 continents and 7 nations, they also present longstanding scientific and research careers at leading business schools and intensive management experience in well-known companies.

FIBAA welcomes the IBR MBA programme as it offers an excellent choice for participants that seek to improve their career opportunities, in Eastern and Western Europe.