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This post is also a tribute to the founder of EBS, Madis Habakuk, who left this world too early. He was a man who in his 50’s created a unique education facility, while other people usually at his age prefer to stay in their comfort zone and wait for their retirement. His spirit should also inspire all of us – especially now but also in days to come – to accomplish something unheard of you have to step out of your comfort zone.
Laura-Liisa Lilleberg, Editor in Chief of The Ebster
“Modesty is a virtue, but you will manage better in life without it.“
On Friday, September 2nd 2016 one of the founders of EBS and a great economist Madis Habakuk died at the age of 77.
In 1988 Madis Habakuk, together with professor Marshall Fitzgerald and Mr. Ilmar Martens, founded the first Estonian private university that provided business education. It was in 2002 when Estonian Business School, formerly know as Eesti Kõrgem Kommertskool, got it’s name. The school has been built up according to their ideologies and views.
One of the five EBS’s key values is responsibility, something that every student is taught to by our teachers from the first day of school. EBS has given us the freedom, responsibility and the right to make our own choices and the obligation to be responsible for the consequences. Professor Habakuk once said that we must not forget that we hold the faith of people whom we can affect through education in one way or another. Professor Habakuk lived by the principle of doing those things in life which you can. According to Ernst & Young AS’s partner Ranno Tingaste, Professor Habakuk’s whole lifestyle embraced entrepreneurship. Given Estonia’s short entrepreneurship history, there weren’t many people like Habakuk, according to Ranno Tingaste.
One part of the EBS’s vision is improving the society. According to Professor Habakuk, EBS makes an effort so that the society would develop fast in every region in which we operate in. He complemented the society remarkably during his lifetime. In the period of 1971-2009 Professor Habakuk wrote 134 publications including 9 monographs, 28 research and development reports, 67 articles and 30 presentations.
Professor Habakuk’s heritage did not go unnoticed to the world. In 1992 he received an honorary doctorate from the San Fransisco Graduate School of Psychology and in 1998 he was titled as an honorary member of Who’s Who of Professionals. In 2013 he received an Estonian Enterprise Lifetime Achievement Award from Ernst & Young Baltic AS, in 2014 a class III Valgetähe order for improving education and in 2007 EBS Studend Counsil’s award Kuldne Haba in a special category “Elutöö Haba“.
At the age of 74 Habakuk said: “Don’t retire too soon, hang on. Your job makes you happier than feeding the birds in Kadriorg.“ Madis Habakuk left a huge mark in world’s education with his hard-working, entrepreneurial and positive outlook on life. He grew up several generations of entrepreneurs during his life and the visions set by him will be used to grow up even more generations in the EBS.
Estonian Business School family will commemorate Professor Madis Habakuk and expresses its deepest condolences to all the relatives.
Editor: Kärt Mättikas
Translator: Kerdo Riko Pohl