Research

Morgan Stanley virtualization laboratory opened at the Óbuda University

Collaboration of Hungary's newly promoted technical university and Morgan Stanley, a leading company in the financial sector, benefits higher education and supports employability of students

Morgan Stanley and Óbuda University held the opening ceremony of the newly established virtualization laboratory at the John von Neumann Faculty of Informatics on February 8. The lab is part of an ongoing collaboration between the two institutions, aimed at bringing practical business experience and high quality education together.

The opening of the thin client based lab is a significant part of this partnership and makes full use of innovative desktop virtualization technologies. It is acknowledged as one of the first workshops in the country to enable students to develop both theoretical and practical knowledge of virtualization technologies.

As Christopher Edmonds, a managing director in Morgan Stanley's Enterprise Infrastructure division said in his opening speech, "Morgan Stanley recognises the importance of creating long term relationships with our university partners. Virtualization is changing the way desktop and service technologies are provided and the opening of this new facility highlights our committment to help students develop their understanding of practicial technology challenges faced by our industry today".

Commenting on the opening of the new facility, Dr. László Nádai, vice rector, dean of John von Neumann Faculty of Informatics, states, ‘"We are pleased to be working with an organization like Morgan Stanley, a Firm committed to developing graduates exposure to real world technology challenges facing industry today". Professor Sima, responsible for industry relations on the faculty states, "Thanks to this collaboration, students of the faculty have already been able to gain specialist knowledge in the fields of enterprise computing. We are excited to be collaborating with Morgan Stanley and look forward to deepening our relationship in the future."

As part of the partnership with the university, Morgan Stanley launched an enterprise infrastructure course in English last September, furthermore helped students develop soft skills like CV-writing and interviewing skills as well as co-supervised a number of final year thesis works. In addition, students are able to take part in the company events such as Morgan Stanley Technology Expo for insight into IT jobs in Hungary and Portfolio in Peril, a role-playing portfolio management simulation exercise. Students with outstanding achievement also have the possibility to participate in the company's technology internship and graduate training programs.

While studies on Hungarian higher education, like the LeO2 study supported by the Tempus Public Foundation1, find that further development in the attitude to innovation and students' real-life practical training and employability is needed, the now strengthened partnership of Óbuda University and Morgan Stanley is one of the great examples of open collaboration between higher education and business.

About Morgan Stanley

Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services. The firm's employees serve clients worldwide including corporations, governments, institutions and individuals from more than 1,200 offices in 42 countries. For further information about Morgan Stanley, please visit www.morganstanley.com.

Morgan Stanley in Hungary

In 2005, Morgan Stanley established the Mathematical Modeling Centre in Budapest to provide quantitative analysis to support the firm's global fixed income trading business. In 2006 based on the excellent Hungarian higher education and the good quality professional local talents, the Firm furthered its presence in the region by opening the Business Services and Technology Centre in Budapest to support the business activities in North America and Europe. The office is located on the Danube in the state-of-the-art Millennium City Centre and provides support across a variety of services including Finance, Information Technology, Mathematical Modeling, Risk Management and Institutional Securities Documentation.

About Óbuda University

Established in 2010 as the legal successor of Budapest Tech, Óbuda University has played a vital role in implementing the Bologna process in Hungary. Encompassing 5 faculties, the institution offers a wide spectrum of BSc and MSc programs in technical sciences, economic studies and pedagogical sciences as well as IT in addition to a PhD school in applied informatics – all for a mission of offering excellent, well-established courses endowed with a significant practical perspective, providing a stimulating, high quality environment for over 12,000 students, and serving the Hungarian economy with specific, high level knowledge transfer. The university actively pursues cooperation with significant national and international firms and more than 200 European and non-European HEI's in the field of higher education and research. More information: www.uni-obuda.hu

About John von Neumann Faculty of Informatics

Established in 2000, but proud of having more than 40 years experience in information technology education and research, the John von Neumann Faculty of Informatics has become one of the most respected faculties in computer science and engineering education in Hungary. The mission of the faculty is to provide a superior standard of both Bachelor of Science (BSc) and Master of Science (MSc) programs as well as a PhD program in the field of computer science and engineering, and to conduct related internationally recognized research and development.

PRESS CONTACTS

Szabolcs Sergyán
Óbuda University
sergyan.szabolcs@nik.bmf.hu
Phone:1/666-55-40

Ildiko Torda
Morgan Stanley
ildiko.torda@morganstanley.com
Phone: 1/881-34-51