Russia Planning Elite Business School
Filed in archive MBA programs by Mark on February 09, 2006
Read this from MosNews.com:
In next two or three years Russia is expected to form two business schools which will compete with Harvard and Stanford. One school will be set up in Moscow
and another one in St. Petersburg, the Russian Education Ministry said.Establishment of the Moscow Business School will require investments of $200-250 million. Creation of the school will be financed both by the government (49 percent) and private investors (51 percent). The pool of private investors will be set up by Moscow-based Troika Dialog brokerage. St. Petersburg Business School will be founded on the ground of the Saint Petersburg State University. The project designated for 2,000 places requires investments of $150 million, the ministry said, quoted by the Rosbalt agency.
2,000 students will have opportunity to get full education ranging from Bachelor's, Master's programs to MBA and MBA Executive. The business schools will be open both for the Russians as well as for the citizens of CIS states and Europe.
While Russian system of higher education is regarded quite highly in the world, especially in the sphere of natural sciences, international community has no regard for Russian business schools. The project, which is being spearheaded by the Economy Ministry, Education Ministry and Troika Dialog brokerage, aims to change this situation.
So MBA hopefuls, especially those with an international focus, will soon have new options. Will Russian B-schools compete with America's best? Not right away.
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