Like many other countries, pursuing ‘MBA in Russia’ is a best option for career aspiring students. For those who want to start their own business in Russia can choose to study Master of Business Administration in Russia which will give them a clear understanding of country’s realities related to the business and business complexities.
Everything that relates to a business administration is a rapidly developing field of knowledge and so as ‘MBA in Russia’. The MBA syllabus in Russia is such that student learns not only practical skills, but they also get a serious theoretical basis.
In Russia, for teaching a course in Master of Business Administration, very highly qualified staff gets appointed such as business consultants, heads of organizational units, working professionals etc., due to which a student would be easily able to adapt to almost any working condition regardless of its complexity.
|Eligibility Criteria||A graduate from any discipline like Science, Commerce, Arts, Engineering, BCA.|
|IELTS or TOEFL||Required but not compulsory.|
|Duration||1 or 2 years|
|Examination Type||Semester pattern|
|Course Fees||Rs.2 Lakhs to Rs.7 Lakhs per year|
|Admission Process||Depending on the marks or grade obtained at the bachelor’s level and English language proiciency of the student.|
|Course Type||Full time/Distance learning mode|
|Top Recruiting Companies||Apple, Google, Cisco, Trimble, GE Healthcare, Syngenta, GlaxoSmithKline (gsk), RELX Group, Crosover for work.|
|Job Positions||Program Manager, Operations Manager, Product Manager, Business Operations Analyst, Product Strtegist, Digital Optimization lead, Senior advisor, Business Analyst etc.|
|Starting Salary Offered||Rs.12 Lakhs INR/Year|
|Medium of Education||English Language|
|Top Management University||St. Petersburg State University|
Below mentioned are the MBA (Master of Business Administration) subjects which students need to study when they opt for ‘MBA in Russia’ :
|1. Managerial Accounting||2. Macro Economics|
|3. Human Research Management||4. Organizational Behaviour|
|5. Operations Management||6. Managerial Economics|
|7. Marketing Management||8. Business Laws|
|9. Business Ethics||10. Quantitative Techniques in Management|
|11. Financial Management||12. Management Information Systems|
|13. Strategic Management|
Following is a list of top MBA colleges in Russia:
|Name of the Institute||Fee for the Complete Course (approx.)||Course Duration|
|St. Petersburg State University||Rs.5.19 Lakhs||2 Years|
|Moscow State University||Rs.4.6 Lakhs||2 Years|
|The Stockholm School of Economics||Rs.37.20 Lakhs/Year||1.5 Years|
|Moscow International Higher Business School - MIRBIS||Rs.2.88 Lakhs/Year Rs.1.50 Lakhs/Year (for part time MBA)||5 Years (FT)2 Years (PT)|
|Moscow School of Management, SKOLKOVO||Rs.4.80 Lakhs/Year||1.5 Years|
|Vlerick Business School||Rs.5.68 Lakhs/Year||5 Years|
Like other MBA courses, dedicated 2 years are required for a full time course of MBA in Russia. The duration of the part time MBA program can be decided by the individual depending upon the time which he/she requires to complete the MBA degree.
Professionals can increase their skills and knowledge by opting a course of executive MBA in Russia which is of 18 months duration.
A student must fulfill following eligibility criteria in order to be able to take admission to a MBA degree course in Russia :
After pursuing MBA in Russia, students get the following job positions at reputed companies :
|1. Business Intern||2. Project Leader|
|3. Manager||4. Accountant|
|5. Area Sales Manager||6. Field Marketing Manager|
|7. Product Manager||8. Managing Consultant|
|9. Director||10. Data Quality Analyst|
|11. Operations Manager||12. Product Strategist|
|13. Program Manager||14. Business Analyst|
|15. Digital Optimization Lead||16. Senior Advisor|
|17. Chief Financial Officer||18. Vice President|
There is a high value for ‘Education in Russia’ across the world. There are various opportunities for students who study MBA in Russia. There is a very huge demand for MBA professionals in different sectors.
Russia offers 3 types of scholarships for international students, those are:
Government Funded Russian Scholarships - To study in Russia, a set number of state scholarships are available for international students. It includes free tuition for the entire duration of the chosen programme, maintenance allowance, and dormitory accommodation. In 2018, 15,000 such spots for scholarships have been granted. The scholarship amount is 1,500 rubles per month (or Rs.1,665/month).
Non-government Russian Scholarships for international students :
University-Specific Russian Scholarships for international students - These are the scholarships which are awarded by individual universities for excellent academic performances of the students. Some scholarships may provide stipend to students, while some may provide free tuition or accommodation to students, some scholarships can provide students all the three, that is, stipend, free tuition and free accommodation.
Some of such universities which provide scholarships are :
International applicants who want to study in Russia need a passport and a visa. Through the Russian embassy or Russian Consulate in the country of residence of a student, student visas can be obtained.
A student visa which is valid for 3 months will be issued first. Students should apply for visa extension after this period of 3 months. At the time of extending a student visa, students will get a 1 year extension. This extension will be every time when students extend their visa. This process should be carried out for the duration of their academic programme.
In Russian cities and towns, one can get around by bus, trolleybus, tram, metro and private taxi. In Moscow, St. Petersburg, Novosibirsk, Nizhny Novgorod, Kazan, Volgograd, Samara and Yekaterinburg there are underground systems of transport available.
Students who are studying any full time courses at Russian universities can get discounts on purchase of tickets on public transport.Students in Russia can get a student travel card or student social card by using which monthly travel would cost a student 5 times less than a regular ticket.
Students can also get discounts on intercity travel using student card or student social card.
While studying MBA in Russia, students can get 3 types of accommodation options which are a university’s hostel, a host family or a rental apartment. Students can find the best option as per their budget.
Most importantly, academic success of a student depends upon the choice of a place of a student where he/she would stay.
Climate in Russia mostly depends on the region. It is a quite comfortable place to live in as most of Russia lies in moderate climate zone.
Summers in Russia are warm to hot and in some areas winters get very cold. In winters, temperatures can fall up to -30 degree celsius with heavy snowfalls. December, January and February are the winter months. Winters can be very cold almost everywhere in Russia. In early October, the first snow generally falls.