On that occasion, the IEDC won the 2016 AMBA Milestone Award, which is given annualy for recognising the on-going success of accredited business schools worldwide by The Association of MBAs (AMBA), the international authority on postgraduate business education, established in 1967.

The IEDC President Prof. Danica Purg recieved the award at the Global Conference 2016 in Venice, Italy, in front of 200 of the world's leading MBA academics and industry specialists.