The agreement was signed between the business schools of the two universities and includes semester-long student exchange programs. This agreement will allow students from the Caucasus School of Business  to spend an academic semester at one of Germany’s leading business schools.

It is worth noting that the University of Hamburg Business School is distinguished by its research-based teaching model and the promotion of data-driven decision-making. The school has over 4,000 students and is focused on developing responsible leaders who uphold the principles of sustainable development and are prepared to address contemporary business challenges.

The University of Hamburg Business School holds one of the most prestigious international accreditations  EQUIS (2023)  and ranks 3rd in Germany for business administration research (Wirtschaftswoche Ranking 2024).