The Institute was established in 2005 at the Corvinus Business School. Our goal was to establish a faculty unit which focuses on – in accordance with leading trends – theoretical and empirical research and education of the establishment, operation and development of enterprises. Our Departments research areas that are in close connection with enterprise management, creating their planning, information, financial and operational management background. We are convinced that the basis for high quality education is high quality research. Our scientific areas have a cross—fertilisation effect. The Director of the Institute is professor Miklós Virág.