Dr. Argüden undertook the Chairmanship of the Bosphorus University Alumni Association (BÜMED) in order to organize the graduates around the common objective of supporting the university. He facilitated the institutional development of BÜMED, initiated an annual giving program and motivated the alumni for sponsoring the development of the university by establishing facilities for the alumni at the university premises. BÜMED won the honor of being the first alumni association in Europe to win the National Quality Award for NGOs.

Bosphorus University is a leading academic institution in Turkiye with the high caliber of its student, academic staff and graduates. The roots of the Bosphorus University goes back to 1863 when the Robert College, the first american university outside the US, was founded in Istanbul. Being a Bogazici University graduate implies the responsibility to strive for improving the standards in Turkiye as well as to support the University’s continuous improvement. BÜMED’s mission is to keep the graduates in touch and assume responsibility in the process of making Bogazici University a top-tier education and research institution on a global scale.