Nyenrode Business Universiteit, also spelled as Nijenrode, is a prestigious Dutch business school and only private university. Founded in 1946, it is located on a large estate in the town of Breukelen, between Amsterdam and Utrecht.
Nyenrode was founded in 1946 by top executives of Dutch multinational companies, such as Akzo, KLM, Philips, Shell and Unilever. The Nederlands Opleidings Instituut voor het Buitenland (NOIB) was soon named after the thirteenth century Castle of Nyenrode. In 1982 it was recognized as a university by the Dutch government (Universiteit Nyenrode). Nyenrode decided in 1992 to become independent of Dutch government subsidies, because subsidised universities in the Netherlands were and are not allowed to have a selection process of students based on talent and ambition.
Today the university consists of two schools; the business school and the NIVRA-Nyenrode School of Accountancy and Controlling. An impressive castle is located at the north-east corner of the estate.
Nyenrode has a strong international reputation in the field of business and management research and education. It maintains close ties with the national and international business communities, a fact that is reflected by its multinational student body. In addition to its educational programs for managers, business leaders and entrepreneurs, and in addition to its research activities, Nyenrode Business Universiteit also offers a wide range of training programs for managers in the corporate sector.
Unlike other universities in the Netherlands, Nyenrode has an intensive selection process that involves taking a Graduate Management Admissions Test test and taking a selection interview. Nyenrode has been viewed as an elite institution ever since the NOIB started in 1947.
The students attending Nyenrode are of diverse nationalities, and teaching is in English.