MEB: Moscow to Become a Full Partner and a Campus
The Master in European Business (MEB) Programme offered by HSE's International Institute of Administration and Business (IIAB) in cooperation with ESCP Europe moves to a new level. For the first time, both semesters will be available in Moscow, during the 2013/2014 academic year. IIAB Director Irina Maltseva gives an overview of the programme.
— What is new for the Master in European Business Programme in the 2013/2014 academic year?
—Firstly, HSE IIAB is now a full partner and listed as a campus for ESCP Europe's. All students we enroll now have a choice. They may take their first autumn semester in Moscow, and then go to one of ESCP Europe's campuses in London, Paris, Berlin, Madrid or Torino for the second semester. Alternatively, they may go to Europe for the first semester, and then come back to Moscow for the second semester. Having this option is very important. The autumn semester between September and January is slightly longer than the spring semester between mid-February and June. To remind you, there is also a third semester: a required three to six months' internship with an international company. Students may acquire their in-company experience in any country, including Russia.
The fact that both MEB semesters will be offered in Moscow means a lot to the Higher School of Economics. We expect ESCP's international students to come to Russia, so we will have cross-cultural study groups during both semesters in Moscow. Many international students coming over will be adults with years of professional experience seeking a Professional Master's Degree from ESCP (called a professional retraining diploma in HSE).
We have prepared our curriculum and courses - all in English - and recruited the teachers, and yet teaching this kind of international students and working with cross-cultural groups will be a fairly new experience and therefore a challenge for us.
— Who is the programme designed for?
—On the one hand, MEB can be compared to a one-year Professional Master's programme with a very pragmatic approach, in contrast to the two-year academic Master programmes in Russia or in Europe. By looking at the curriculum, one can see a mix of courses in economics and management which are key for today's executive, ranging from accounting and finance (IFRS), to European business law and international business strategies, to human resources and cross-cultural management. However, it is not an MBA programme intended mostly for mature people with managerial experience. Our programme is designed for younger people of up to 35 years of age, seeking a career with a major international company or as a business owner; they are open to the world and fluent in English as a minimum. They are the new generation of dynamic and highly educated people.
Oleg Seregin, HSE News Service
Companies with decentralized management systems are, on average, more effective than firms where the CEO tries to control everything. The risk of centralization is higher if the company is managed by families. These were the main findings of the recent research by Irina Levina, research fellow at the HSE Institute for Industrial and Market Studies.
ICEF 2006 alumnus Yuri Kiselev is now head of debt capital markets in Russia and the CIS at Société Générale. In an interview for the ICEF website Yuri talked about his career and education in Russia and abroad.
Russian businesses have been slow in adopting new media tools. Many companies continue to rely on official websites to reach out to customers and avoid using social media and blogs, as they are not ready for an equal dialogue with external audiences, according to Iosif Dzyaloshinsky and Maria Pilgun, professors of the HSE Faculty of Communication, Media and Design.
Today's big businesses in Russia may never become family dynasties. Only a few business owners have succession plans in place, but many have never considered the issue, for reasons ranging from their heirs being too young to avoiding conflict in the family to resenting the lack of institutions in Russia to support effective wealth succession. Instead, most entrepreneurs are planning to retain control of their business for as long as possible, according to researchers from the HSE Faculty of Social Sciences and the Skolkovo Wealth Transformation Centre. For the first time ever, they examined the attitudes of Russia's major capital owners towards business and wealth succession.
On April 15, the finale of the student project 'Battle of the Businesses', a sort of educational platform for young businessmen, will take place. Over the course of six weeks, participants have been creating their own businesses under the supervision of accomplished entrepreneurs, and they saw their projects go from the idea stage to realization and profit.
Companies with Russian ownership more often than not have an authoritarian style of management, and their employees participate less frequently in making business decisions than their colleagues from foreign companies. This conclusion was drawn by HSE Professor Azer Efendiev in his paper ‘The Political Regime in Russian Business Entities: Results of Empirical Research’, which was presented at the HSE conference ‘Modern Management: Problems, Hypotheses, and Research’.
of Russian company heads believe that the ability to solve work-related problems without help is acquired by employees only with experience in working independently. Various training courses are ineffective in this area.
A new English-taught master’s programme at the HSE, ‘International Master in Comparative Social Research’, will allow students to acquire the knowledge and skills that are in demand on the global market for social research. Applications are due by May 31, 2014.