MGIMO School of Business and International Proficiency

MGIMO School of Business and International Proficiency

International Oil&Gas Business

International Oil&Gas Business

6 November 2018

The training will provide students with knowledge of the specifics of the oil and gas business, which will allow them to apply the acquired knowledge when forming an effective development strategy for the company.

  • MBA MGIMO is among top 3 best Russian business schools.
  • The Programme is accredited by the Association of MBA’s.
  • Profound language training and study programmes at western business schools.
  • Prestigious diploma recognized worldwide.

Fuel & Energy Complex is the driving force of Russian economy. It is largely represented by Oil and Gas Industry. Over the years the Oil and Gas business has become increasingly globalized, which creates demand for the industry to have highly professional top and middle managers with knowledge of the foundations of economic and managerial disciplines. The training will provide students with knowledge of the specifics of the oil and gas business, which will allow them to apply the acquired knowledge when forming an effective development strategy for the company.

Specialization module leader — Maria Belova, Ph.D. (Economics), Director of research at VYGON Consulting; Member of Expert Sub-Group of the Russian–US Presidential Commission; Member of Expert Group for harmonization of scenarios to draw the roadmap for Russia–EU cooperation in the energy sphere through to 2050. 

This specialization of MBA Programme «International Oil & Gas Business» is designed for managers and supervisors in oil and gas extraction, processing, transport and sales.


Core disciplines

  • Economics for Managers
  • Management
  • Financial Business Environment
  • Financial management, accounting and risk analysis
  • Legal environment of business
  • Marketing
  • Business Planning
  • Project Management
  • Human Resources
  • Leadership and Personal Efficiency Growth
  • Organization Behavior
  • Business communications
  • Business Ethics and CSR

Elective courses

  • Information technology and business transformation
  • Political environment of global business
  • Business Protocol and cross-cultural communication
  • Emotional intelligence
  • Theory and Practice of Business-State Interaction (GR)
  • International Transport Operations and Logistics
  • Start-up management
  • Critical thinking and decision-making

Specialization courses

  • Economics of the oil and gas industry
  • Economic Evaluation of the Effectiveness of Investment Projects
  • Legal regulation of subsoil use
  • International legal regime of exploration and development of oil and gas fields
  • Pricing in the global oil and gas markets
  • Modern problems of oil refining
  • Logistics of oil, petroleum products and gas
  • Current Situation Analysis in the Energy Market
  • Overview of regional gas markets
  • Innovations in the Fuel and Energy Sector
  • Mergers and acquisitions in the Fuel and Energy Sector

Business English module (optional)

External Module (optional)

Upon completion of the programme, 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 Programme receive a Master of Business Administration degree with a specialization in «International Oil & Gas Business».

Programme cost — 920,000 RUB for the entire period of study. Payment is made by semester.

Programme format — Modular (20 months), 6 two-week full-time intensive modules (from 10 a.m. to 8 p.m.)

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 programme

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 programme
  • 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 – 21 October 2022

For more information please contact us at: +7 495 225-40-88 or +7 495 225-40-45, e-mail: