MGIMO School of Business and International Proficiency

Economics and Management in International Business

Economics and Management in International Business

22 October 2018

Over the course of studying listeners will learn how to apply the acquired theoretical knowledge in real world market situations, which later on will allow them to make the best management decisions when companies enter the world market of goods and services.

Nowadays it is imperative that we understand the features of economics and management in the context of globalization in order to be effective at the international markets. Over the course of studying listeners will learn how to apply the acquired theoretical knowledge in real world market situations, which later on will allow them to make the best management decisions when companies enter the world market of goods and services.

Academic supervisor — Doctor of Science (Economics), MGIMO Professor of Management, Marketing and Foreign Economic Activity Department; expert of FSBI National Accreditation Agency, Rector of the International University in Moscow.

The «Economics and Management in International Business» Program is oriented at top and middle management from various enterprises of different organizational and legal forms and State and Municipal bodies.


Module. Management and economics of businesses

This module is aimed at forming a clear idea of management as an integrated management system and the formation of an economic and legal mentality in order to improve the efficiency of the organization.

  • Global Business Environment
  • Management: theory and practice of organization management
  • Economics for managers
  • Strategic management
  • Management Decisions
  • Strategic Innovation Management: Theory and Practice of Foresight
  • Crisis Management of the Company
  • Legal Basis of Business
  • Marketing
  • Risk Management

Module. Personnel management and personal efficiency growth

The purpose of the module is to provide listeners with systematized knowledge and skills in the field of personnel management in a modern company and the developing the ability of listeners to achieve their goals with minimal time and resources.

  • Modern technologies of human resources management and motivation
  • Leadership and personal efficiency growth
  • Organizational behavior and Team-building technologies
  • Business Communications
  • Ethics of Business

Module. Finances and strategy of businesses

The purpose of the module is to develop an understanding among the listeners about the functioning of the financial environment of the business, and to teach how to use the most effective methods and tools for developing, testing and implementing the organization's strategy.

  • Financial environment of business
  • Accounting for managers
  • Financial analysis
  • Management Accounting
  • Corporate Finance
  • Project management
  • Business planning
  • Theory and practice of interaction between business and government

Module. Specialty Disciplines

The Module is designed to provide students with theoretical and practical knowledge that will allow them to make the best management decisions when companies enter the global goods and services market.

  • Basics of foreign economic activities
  • Basics of logistics management
  • International entrepreneurship and the formation of a business idea
  • Insurance of entrepreneurial activity
  • Operational management
  • Company Value Management
  • Ecological and economic aspects of business activities
  • Evaluation of the strategic potential of the company
  • Investment Management
  • Current state of the tax system of the Russian Federation
  • International and Russian experience of commercial disputes
  • International Marketing
  • International business centers and world markets
  • Global Trade Regulation
  • The world currency system. International Monetary and Financial Markets

Module. Elective disciplines

  • Management of Intellectual Assets of a company
  • International Financial Reporting Standards
  • Wealth management. Personal Financial Planning
  • Time management
  • Dealing with conflicts
  • Cross-Cultural Management
  • Effective negotiations
  • Business presentation skills and the art of public speaking
  • Gastronomic Etiquette
  • Individual coaching sessions

Module. Business English

Site Visit Overseas Module (optional)

Upon completion of the program, students will

  • Understand the essence and features of the processes taking place in the foreign economic activity;
  • Achieve the most advanced management technologies considering the specifics of logistics processes;
  • Form effective development strategies;
  • Apply modern international management experience.

Students will also have the opportunity to interact with the industry leaders, which will allow them to learn about management practices of some of the best Russian and foreign companies first hand. During the study of business cases students will learn how to solve real world practical tasks when running a company

Certificate of Education

Students who successfully complete the MBA Program receive a Master of Business Administration degree with a specialization in «Economics and Management in International Business».

Program cost — 820,000 RUB for the entire period of study. Payment is made by semester.

Program format — Modular (20 months), 6 two-week full-time intensive modules (from 10 a.m. to 9 p.m.) and Weekend-format (20 months) — once per month (Friday through Sunday 9:30 – 20:00)

Admission requirements:

  • Higher education degree
  • At least 25 years of age
  • At least 3 years of managerial experience
  • Applicant must have a leadership potential and a strong motivation to learn

Selection process for the MBA program

Stage 1

  • Registration
  • Motivational letter
  • Essay on a given topic

Stage 2

  • Solving of a business-case
  • Testing of English language skills

Stage 3

  • Interview with the supervisor of the program
  • Enrollment decision

Selection Date and Start of the Programme. Group formation terminates 2 weeks before the start of the training.

Other admission requirements:

  • Registration Form
  • Letter of Application addressed to the MGIMO President
  • Complete Application Form
  • University diploma with all attachments and inserts
  • 1 photo 3x4 cm
  • Identification Document
  • Copy of the Work Record Card (If applicable)

Start of the Programme:
weekend — 22 October 2018,
Modular — 6 November 2018