Quality and Accreditations

Alba Graduate Business School (Alba), has always been dedicated in offering educational programs of the highest academic standards in the area of Business Administration, as well as a strong framework of personal development and social responsibility. We benchmark our strategies and processes against global norms in business education and we are driven by a commitment to meet and exceed the international standards. The continuous improvement of our academic and administrative processes, our people and faculty, our corporate culture as well as our passion for quality in education, create a stimulating environment for those that invest in ALBA Graduate Business School for their personal and professional development.

Alba is accredited by The New England Commission of Higher Education (NECHE) The commission is authorized by the U.S. Department of Education (USDE) and the Council for Higher Education Accreditation (CHEA) to accredit Colleges and Universities in Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island, Vermont and internationally.

All ALBA MBA programs are accredited by the Association of MBAs (AMBA), while both the MSc in Finance and MSc in Strategic HRM programs are EFMD accredited.

Moreover, Alba’s MSc in Finance program has been awarded a CFA Program Partner status by CFA Institute, being the first MSc in Finance Program in South East Europe to obtain such a status. In addition, Alba is a PRMIA University Partner (Professional Risk Managers' International Association).

Lastly the Society for Human Resource Management (SHRM) acknowledged that the curriculum of The MSc in Strategic HRM is aligned with the recommended requirements for HR Degree programs as outlined in the SHRM HR curriculum guidebook and templates.

These accreditations and certifications position us within a select group of business schools across the world, while they constitute another decisive step towards the accomplishment of our vision.




The New England Commission of Higher Education is authorized by the U.S. Department of Education (USDE) and the Council for Higher Education Accreditation (CHEA) to accredit Colleges and Universities in Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island, Vermont and internationally.

Previous to 2018, it provided the same accreditation services under the name of NEASC.

Founded in 1885, the New England Association of Schools and Colleges (NEASC) has been working to establish and maintain high standards for all levels of education, longer than any other accreditation agency in the United States.

Just like NEASC, NECHE continues to be an independent, voluntary, nonprofit membership organization which connects and serves over 200 public and independent colleges and universities in New England plus International Schools in numerous nations worldwide. A globally recognized standard of excellence, NEASC (now NECHE) Accreditation attests to an institution’s high quality and integrity.

More information on NECHE is available at:   https://www.chea.org/new-england-commission-higher-education

View NECHE accreditation letter here.

May 27, 2021 – Formal report from the NECHE accreditation here.


The Association of MBAs (AMBA) is a global MBA-focused accreditation organization and a worldwide MBA alumni club, founded in London in 1967. AMBA accredits around 2% of the world's business schools. All MBA students and alumni of the 238 accredited schools join AMBA as individual members free of charge.

The London-based Association is one of the three main global accreditation bodies in business education and styles itself "the world's impartial authority on postgraduate management education". It differs from other international accreditation bodies as it accredits a school's portfolio of postgraduate management programs but does not accredit undergraduate programs.

As of August 2016, the Association of MBAs has accredited 238 business schools (headquartered in 54 countries), which offer more than 800 different MBA, DBA and MBM programs in over 80 countries. Around 80 of the AMBA-accredited schools are in the BRIC countries and 33 are in Latin America.

More information on AMBA is available at: www.associationofmbas.com

View AMBA accreditation letter here


Alba Graduate Business School is a member of EFMD GLOBAL since 2005.  EFMD Accredited (The leading international system of quality assessment, improvement and accreditation of business programmes) is an international programme accreditation system operated by EFMD GLOBAL. It aims to evaluate the quality of any business and/or management programme that has an international perspective and, where of an appropriately high quality, to accredit it.  In 2009, both the MSc in Finance and MSc in Strategic Human Resources programs were accredited and, as of today, they are the only EFMD Accredited programs in Greece. 

EFMD is a global, non-profit, membership-driven organisation dedicated to management development. It is recognised globally as an accreditation body for business schools, business school programmes, and corporate universities. With the support of 900+ members across 92 countries, EFMD acts as a catalyst to promote and enhance excellence in management development globally. The organization is based in Brussels, Belgium, with offices in Geneva, Hong Kong, Miami and Prague.

With a network of 30,000 management professionals from academia, business, public service, and consultancies, EFMD plays a central role in shaping a global approach to management education and provide a unique forum for information, research, networking, and debate on innovation and best practice.

EFMD is a network for schools and companies that aim to develop socially responsible leaders and managers looking for opportunities to connect. Alongside the emphasis on educational standards for management education, EFMD firmly believes in bringing companies and academic institutions together and work towards facilitating and strengthening exchanges between the two.

More information on EFMD GLOBAL is available at www.efmdglobal.org

View EFMD accreditation letter here.

View electronic Awards for the MSc in Strategic Human Resource Management and MSc in Finance



Alba Graduate Business School is a member of AACSB (The Association to Advance Collegiate Schools of Business) since 2015. AACSB has nearly 1200 members in more than 75 countries.

AACSB is a global, nonprofit membership organization of educational institutions, businesses, and other entities devoted to the advancement of management education. Established in 1916, AACSB International provides its members with a variety of products and services to assist them with the continuous improvement of their business programs and schools.

More information on AACSB International is available at www.aacsb.edu

View the AACSB membership certificate here.


PRME and UN Global Compact

Alba Graduate Business School became an academic participant of the United Nations Global Compact (UNGC), in March 2008. It was also the first Greek Business School to become a participant of the United Nations Principles for Responsible Management Education (PRME) in December 2009.

More information about United Nations Global Compact: https://www.unglobalcompact.org  

And about PRME: http://www.unprme.org


The CFA Institute

CFA Institute is a global, not-for-profit organization comprising the world’s largest association of investment professionals.

With over 100,000 members, and regional societies around the world, CFA is dedicated to developing and promoting the highest educational, ethical, and professional standards in the investment industry.

CFA Institute is certifying that at least 70% of the CFA Program Candidate Body of Knowledge® (CBOK®) is embedded into our MSc in Finance curriculum.  Recognition as a CFA Program Partner provides a signal to students and recruiters that the program's curriculum is closely tied to professional practice and is well suited to preparing students to sit for the CFA exams. Five student scholarships per year are awarded to our MSc in Finance students to take level I exams of the CFA. Under each scholarship, program enrollment fees are waived and the candidate is responsible for paying a portion of the exam registration fees.

All the CFA study material is available to our library for all students.

More information about CFA can be found at: www.cfainstitute.org



The Professional Risk Managers' International Association (PRMIA) is a global, non-profit association of risk professionals with 90,000 members worldwide and presence in 65 major cities. 

Through university partnerships, PRMIA provides educational resources from the cradle to the pinnacle of a risk management career. In conjunction with its leading University Partners, PRMIA seeks to set the international standards for graduate level education in risk management and financial engineering, to offer training and development programs in finance and risk management worldwide.

Recognition of Alba Graduate Business School as a PRMIA University Partner provides a signal to students and recruiters that the MSc in Finance curriculum is closely tied to professional practice and is well suited to preparing students to sit for the PRM exams.

Our Msc in Finance students who follow the Risk Management stream are offered access to the local risk community and networking opportunities through local PRMIA chapters. Students can also benefit from a 25% discount on PRMIA membership and have extra 20% discount on PRM and associate PRM products 

PRM exam study material is available to our library for all students. 

More information about PRMIA can be found at:  www.prmia.org



The Society for Human Resource Management (SHRM) is the world’s largest HR professional society, representing 285,000 members in more than 165 countries. For nearly seven decades, the Society has been the leading provider of resources serving the needs of HR professionals and advancing the practice of human resource management. SHRM has more than 575 affiliated chapters within the United States and subsidiary offices in China, India and United Arab Emirates.

SHRM provides education, thought leadership, certification, community and advocacy to enhance the practice of human resource management and the effectiveness of HR professionals in the organizations and communities they serve.

Originally founded as the American Society for Personnel Administration (ASPA) by a small but visionary group of personnel administrators, SHRM has grown into the world's largest HR membership organization. SHRM has a dedicated staff of over 350 and is headquartered in the Washington, D.C. metropolitan area.

For more information about SHRM, please visit: www.shrm.org

View the SHRM certificate here.

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