The Higher Colleges of Business Administration are among the oldest and best-known training institutions in Switzerland. Formerly known as HKG, then HFW, they have been offering business management training courses for qualified business people for over 50 years. These courses are correspondingly well-known and in demand. Graduates of the "Business Economist HF" course form the second largest group of HF graduates. A good 10% of all HF diplomas are awarded annually in the field of business administration.