ICBS Business College

What ICBS Business College does

ICBS Business College is a private, non-profit higher education institution headquartered in Thessaloniki, Greece, founded in 1977 to deliver British-model business education in Greece. It operates three campuses — Thessaloniki (DownTown Campus, Proxenou Koromila 37-39, established 1977), Athens (Rethymnou 3, established 1997), and Larissa (established 2003) — and serves two primary customer segments: high school graduates pursuing 4-year UK-validated Bachelor (Hons) degrees in Business Administration, Marketing, Accounting & Finance, Tourism Management, and Marketing/Communications/PR, and working professionals pursuing postgraduate programs including a 2-year MBA Executive (with 12 specializations such as Strategic Management, Banking & Finance, Digital Transformation, Healthcare Management, and Public Sector Management), a 1-year International MBA, MSc in Accounting & Finance, MSc in Sustainability & Management, MA in Business Management, and a DMS Diploma in Management Studies.

The college's core academic technology is conventional educational infrastructure: an integrated library system with electronic catalog and direct digital access to the University of Winchester online library, learning management and student information systems, and audiovisual-equipped classrooms at the DownTown Campus. There is no proprietary AI or platform technology disclosed. Programs are delivered in-person at the three campuses, with select programs offered in English for international students, supported by visa processing and accommodation services for non-EU enrollees.

ICBS earns revenue primarily through annual tuition fees for undergraduate and postgraduate programs (recurring subscription-style billing across multi-year programs) and through corporate training partnerships under which major Greek and multinational employers sponsor employee postgraduate studies. All degrees are validated and issued by the University of Winchester (UK state university) since 2013-14, making the UK accreditation the central revenue enabler. The college is licensed by the Greek Ministry of Education, holds QAA, AMBA, BAC, and ENIC certifications, and is the first Greek member of the UN PRME initiative (2016). Distribution is direct-enrollment via campus visits, online application forms, and corporate sponsorship, with marketing handled through the icbs.gr website, alumni testimonials, professional events, and chambers-of-commerce partnerships.

Name

ICBS Business College

Legal name

ICBS Business College

Website

https://icbs.gr

Company type

Private

Founded year

1977

Operating status

Operating

Headcount range

11–50 employees

Short description

ICBS Business College is a private non-profit Greek higher education institution (founded 1977) operating campuses in Thessaloniki, Athens, and Larissa, delivering 4-year UK-validated Bachelor (Hons) and postgraduate (MBA, MSc, MA, DMS) business programs to high school graduates, working professionals, corporate-sponsored employees, and non-EU international students.

Ownership category

akta.pro rank

Product category

Higher Education - Business Administration and Management

NAICS

Colleges, Universities, and Professional Schools (6113), Business Schools and Computer and Management Training (6114)

SIC

Services-Educational Services (8200)

akta.pro primary industry

Executive Education & Corporate Programs (Non-degree) (EDAHAHAN)

akta.pro secondary industries

Undergraduate Business Schools (BBA/BSBA Programs) (EDAHAHAA), International Business & Global Management Schools (EDAHAHAJ)

Keywords

• Higher education services
• Business administration degrees
• Postgraduate management programs
• Corporate executive education
• British validated degrees

Headquarters

HQ city

Thessaloníki

HQ country

Greece

HQ region

Europe

Offices3 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Marketing or Sales, Technology or R&D

Revenue model

1. Tuition Fees - Undergraduate Programs: 4-year Bachelor degree programs with annual tuition fees. Programs validated by University of Winchester. Includes various specializations in Business Administration, Marketing, Accounting & Finance, and Tourism Management.
2. Tuition Fees - Postgraduate Programs: MBA and Master's degree programs including Executive MBA (2-year part-time), International MBA, MSc, MA, and DMS programs. Various specializations offered including Strategic Management, Marketing, Banking & Finance, HR, Digital Transformation, Tourism, Operations, Logistics, Healthcare Management, Law Operations, and Public Sector Management.
3. Corporate Training Partnerships: Companies sponsor employee education through ICBS programs. Major Greek and multinational companies send employees for postgraduate studies.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels6 records

Core offering

ICBS Business College is a private higher education institution that delivers undergraduate and postgraduate business degree programs validated by the UK state University of Winchester. It offers 4-year Bachelor (Hons) degrees in Business Administration, Marketing, Accounting & Finance, Tourism Management, and Marketing Communications/PR, alongside a 2-year MBA Executive with 12 specializations, a 1-year International MBA, MSc, MA, DMS, and PG Certificate programs. Programs are delivered on-site at its Thessaloniki (DownTown) and Athens campuses, with corporate-sponsored enrollment for employee education.

Product overview

ICBS Business College is an educational institution offering a comprehensive portfolio of business programs validated by the University of Winchester. The institution provides 5 undergraduate Bachelor (Hons) degree programs including Business Administration, Marketing, Accounting and Finance, Tourism Management, and Marketing/Communications/PR. At the postgraduate level, ICBS offers an MBA Executive (2-year) with 12 specializations (Strategic Management, Marketing, Banking and Finance, Human Resources, Digital Transformation, Tourism, Operations, Logistics, Healthcare, Law Operations, Public Sector), plus 5 one-year programs (International MBA, MSc in Accounting and Finance, DMS in Management, MA in Business Management, MSc in Sustainability). Additional offerings include PG Certificate and support services through Career Services and an Alumni Network of 10,000+ members. Programs are delivered in Thessaloniki and Athens campuses, with degrees issued by the University of Winchester, UK.

Differentiator

Problem solved

Functional benefit

Products and services

• Bachelor (Hons) Degree Programs 4-year undergraduate honours degree programs in Business Administration, Marketing, Accounting and Finance, Tourism Management, and Marketing Communications and Public Relations, validated by the University of Winchester and aimed at recent high school graduates seeking internationally recognized British business degrees.
• MBA Executive Program 2-year part-time Executive MBA covering marketing, sales, finance, production, HR, management, and strategic management, with classes held on Fridays and Saturdays plus a thesis, designed for working professionals and senior executives.
• MBA with Specializations (12 tracks) 2-year MBA program with 12 specializations: Strategic Management, Marketing, Banking & Finance, Human Resources Management, Digital Transformation, Tourism Management, Operations Management, Logistics Management, Health Care Management, Law Operations Management, Public Sector Management, and a general management track. Taught in Greek and aimed at postgraduate students seeking business specialization.
• International MBA One-year intensive MBA program taught in Greek and English, designed for international business professionals and non-EU students seeking a British-validated MBA in Greece.
• One-Year Postgraduate Programs (MSc, MA, DMS, PG Certificate) One-year postgraduate programs including MSc in Accounting and Finance, MSc in Sustainability and Management, MA in Business Management (available in Greek and English), Diploma in Management Studies (DMS), and PG Certificate in Management Studies — aimed at graduates and professionals seeking shorter postgraduate qualifications.
• Career Services Student services including career counseling, job placement assistance, resume writing support, interview preparation, and alumni networking for current students and graduates.
• Alumni Network Network of over 10,000 alumni providing ongoing networking opportunities, professional development resources, and career support to ICBS graduates.
• Corporate Training Partnerships (Sponsored Employee Education) Corporate-sponsored enrollment program where major Greek and multinational companies (DEI, L'Oréal, Sklavenitis, Masoutis, Vodafone, KLEEMANN, etc.) sponsor employees to attend ICBS postgraduate programs for talent development and leadership pipeline building.

Quantifiable outcome

• Direct degree recognition by Greek authorities without additional examinations for holders of Winchester-validated ICBS degrees
• +2 more outcomes

Named customers6 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Eight partnerships are on record, tiered strategic, core and minor.

• Thessaloniki Professional Chamber (EET)strategicGTM or Marketing Partner · 1 January 2026Joint seminars and educational events on topics like business efficiency, sustainability, and professional resilience. Chamber president Kyriakos Merelis actively collaborates with ICBS.
• Greek Ministry of Education (ATEEN)coreStrategic or Co-development Partner · 1 January 2014Full recognition of ICBS degrees by Greek Ministry of Education through ATEEN (formerly SAEP) - degrees equivalent to Greek public university degrees.
• University of WinchestercoreStrategic or Co-development Partner · 1 January 2013UK state university that validates all ICBS Business College degree programs since academic year 2013-14. Validation conducted through Faculty of Business and Digital Technologies. Students receive University of Winchester degrees. New validation completed in 2023.
• IBS Cyprus Business SchoolminorStrategic or Co-development Partner · 1 January 2005Programs offered in Cyprus through IBS Cyprus Business School educational partnership.
• Kingston University LondonminorStrategic or Co-development Partner · 1 January 1995Collaborated with Kingston University London for postgraduate programs starting 1995 until transition to University of Winchester in 2013.
• Ulster UniversityminorStrategic or Co-development Partner · 1 January 1991Collaborated with Ulster University (UK state university) for Bachelor's degree programs starting 1991.
• University of GeorgiaminorStrategic or Co-development Partner · 1 January 1983Collaboration with University of Georgia, USA in 1983 for international academic exchange.
• British Institutes (Original)minorStrategic or Co-development Partner · 1 January 1977ICBS originally founded in 1977 with collaboration with 3 British institutes. Early partnerships established the college's British educational model.

Scale indicators5 records

Recent moves11 records

Expansion highlights5 records

Broad incumbents

• Athens University of Economics and Business (ASOEE / OP/A): Greece's premier public university for economics and business, offering undergraduate and postgraduate business degrees. Direct competitor for Greek business students and the third Greek PRME member alongside ICBS and ALBA.
• INSEAD: Top-tier global business school offering MBA and executive education programs with campuses in France, Singapore, and Abu Dhabi. Relevant as a benchmark for the executive/MBA segment that ICBS targets with its Executive MBA and 12 specializations.

Others

• University of Winchester: UK state university that validates all ICBS degree programs since 2013-14. Functions as the upstream academic partner rather than a direct competitor, but represents the strategic dependency that gives ICBS its differentiated positioning in the Greek market.

Direct peers

• Hellenic American University: Athens-based private institution offering undergraduate and graduate business programs with US university validation. Comparable to ICBS as a Greek private higher education institution delivering internationally recognized business degrees.
• City College (University of Sheffield International Faculty, Thessaloniki): Thessaloniki-based branch of the University of Sheffield offering UK-validated business and engineering programs. Directly comparable as a Thessaloniki-located institution offering British university-validated business education to Greek and international students.
• ALBA Graduate Business School: Athens-based graduate business school offering MBA and executive programs in Greece. Direct peer as both institutions compete for postgraduate business students in Greece and are the only two Greek members of UN PRME alongside OP/A.
• BCA College: Athens-based private business college offering UK-validated undergraduate and postgraduate business programs. Direct competitor in the Greek private business school segment targeting students seeking British-recognized degrees.
• New York College: Greek private college with multiple campuses offering undergraduate and postgraduate business programs validated by UK and US universities. Comparable as a Greek private institution competing for similar student segments with foreign-validated degrees.
• Mediterranean College: Greece-based private college with campuses in Athens and Thessaloniki offering UK-validated undergraduate and postgraduate business programs. Directly comparable to ICBS in business school positioning, UK university validation model, and Greek private college structure.
• The American College of Greece (ACG / Deree): Athens-based private college offering US-validated undergraduate and graduate business degrees. Comparable as a non-public Greek institution delivering internationally validated business programs to Greek and international students.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/icbs.business.college
• LinkedInlinkedin.com/company/icbs-business-college

Compliance8 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about ICBS Business College