Central European University: Photo Release -- NASDAQ OMX Educational
Foundation Awards Grant to Central European University Business School
First Central and Eastern European Institution to Secure Three-Year Grant
BUDAPEST, Hungary, Feb. 19, 2014 (GLOBE NEWSWIRE) -- Central European
University's (CEU) Business School announced today that the institution
received a grant from the NASDAQ OMX Educational Foundation. CEU is the first
institution throughout Central and Eastern Europe region to receive a grant
from the NASDAQ OMX Educational Foundation. The three-year grant will annually
fund three MBA or Master's of Finance students who hail from countries with
A photo accompanying this release is available at
Based on a competitive process, the scholarships will be awarded to
high-achieving, accomplished students from emerging economies. Recipients must
possess leadership potential and be likely to return to their home countries
to enter and enhance the field of financial services, leveraging CEU Business
School's 25-year legacy of transforming the Central and Eastern European
region's from a socialist to a market economy.
"We are delighted to partner with the NASDAQ OMX Educational Foundation to
support the education of our future business leaders," said Mel Horwitch, Dean
of CEU Business School. "Already, approximately 80 percent of CEU Business
School's MBA graduates came from countries with transitioning or emerging
economies, including Hungary, Romania, Russian Federation, Georgia, and India.
With these additional scholarships, we can accept more students who otherwise
might not have the opportunity to experience a quality business and finance
"The NASDAQ OMX Education Foundation is proud to partner with CEU Business
School to extend educational opportunities which empower emerging economies,
including areas where NASDAQ OMX cultivates business relationships with our
leading technology expertise," said Joan Conley, Senior Vice President and
Corporate Secretary at The NASDAQ OMX Group. "It is our pleasure to support
Central European University's efforts to make business and finance curriculum
a strategic priority in the education of our future business leaders."
CEU Business School aims to make knowledge, acumen, and skills available to
the widest number of qualified potential leaders regardless of financial
circumstances. The three-year grant from the NASDAQ OMX Educational Foundation
allows CEU Business School to make their superior, highly respected, and
forward-looking MBA program financially available to all qualified candidates.
CEU Business School is the first institution in Central and Eastern Europe to
offer an American MBA. CEU Business School provides managerial education to a
large number of individuals who will become seasoned leaders in top European
firms. CEU Business School was established in 2002 and continues to offer a
unique and powerful learning experience which cultivates the forward-thinking
skills that are in high demand at global companies and financial institutions.
A major aspect of CEU Business School's overarching mission is to educate
managers who are capable of developing and leading modern financial services
hubs in emerging economies from Chongqing, China to Cape Town, South Africa.
For more information on Central European University Business School please
About Central European University
CEU Business School educates leaders and entrepreneurs who transform the
organizations they work with, or in, into innovative, responsible entities
that bring value to the world, and who make these organizations engines of
jobs and market growth in emerging and established economies and in
underserved regions. CEU Business School was founded in 1988 in Budapest,
Hungary by a group of visionary leaders headed by legendary investor and
philanthropist George Soros. The CEU Business School focuses on reinvigorating
and building world-class financial hubs with a faculty committed to advancing
effective financial markets and curriculum focused on nurturing a new
generation of financial leaders for emerging economies. This commitment
enforces the School's emphasis on integrity education to avoid corruption, a
major obstacle in building an efficient financial services sector. The CEU
Business School is now the region's leading business school and graduates are
in demand at firms such as Citibank, Cisco, Ernst & Young, IBM, KPMG,
Microsoft, and Procter and Gamble.
About The NASDAQ OMX Educational Foundation
The mission of The NASDAQ OMX Educational Foundation is to promote learning
about capital formation, financial markets and entrepreneurship through
innovative educational programs. It was established in New York City in 1994
and is supported entirely by contributions from The NASDAQ OMX Group, Inc.
About NASDAQ OMX Group
NASDAQ OMX (Nasdaq:NDAQ) is a leading provider of trading, exchange
technology, information and public company services across six continents.
Through its diverse portfolio of solutions, NASDAQ OMX enables customers to
plan, optimize and execute their business vision with confidence, using proven
technologies that provide transparency and insight for navigating today's
global capital markets. As the creator of the world's first electronic stock
market, its technology powers more than 80 marketplaces in 50 countries, and
approximately 1 in 10 of the world's securities transactions. NASDAQ OMX is
home to more than 3,300 listed companies with a market value of over $7
trillion and more than 10,000 corporate clients. NASDAQ OMX Nordic is not a
legal entity but describes the common offering from NASDAQ OMX exchanges in
Helsinki, Copenhagen, Stockholm and Iceland. To learn more, visit
The photo is also available via AP PhotoExpress.
CONTACT: Media Contacts:
Edelman for CEU
+33 1 56 69 75 29
+33 1 56 69 75 11
This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf
of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for
the content, accuracy and originality of the information contained therein.
Source: Central European University via Globenewswire
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