On October 2007, TBILISI ACADEMY OF ECONOMY AND LAW FACULTY OF BUSINESS ADMINISTRATION was selected as one of the 4,000 Best Business Schools around the world. Academy was awarded by a Palm from EDUNIVERSAL. EDUNIVERSAL is an international organization in the field of business administration aimed to foster business academic ties between different universities’ business schools around the globe.

EDUNIVERSAL’s Palm is the measurement of academic reputation for world’s leading universities. By getting the Palm out Academy gained the possibility to launch international cooperation with European Universities for student and professor exchange programs. Eduniversal World Convention was conducted during November 4-5, 2008. Delegation from the Academy was invited to be awarded by the Palm from Eduniversal administration. The Paris convention was successful in terms of partnership relations. We had the chance to have several meetings with chairs of different European Universities. At the moment we reached agreement with Toulouse Cyprus and Czech University business schools to start cooperation for student and professor exchange programs.