Doing Business in Russia

The Moscow University of Finance and Law (MFUA) Business School is pleased to announce the launch of a new Doing Business in Russia course, designed to introduce foreigners to methods and concepts that are key in achieving success in the current Russian business environment.   

The 7 day program is taught in English by faculty of the business school and industry practitioners, and provides participants with practical insight and core knowledge of Russian business culture, the regulatory environment, entrepreneurship, and risk management best practices.

Target Audience: 
Foreign business professionals who have recently moved to Russia, business professionals working abroad who have responsibilities related to doing business in Russia, MBA and Masters students who are pursuing coursework in international business or related subjects.

Program Overview:
  • 20 academic hours of instruction (4 hours of instruction per day for 5 days)
  • 2 company visits (visits to companies working in specific industries- i.e. banking, IT, energy, etc. can be arranged upon advanced request)
  • All classes taught at the Moscow University of Finance and Law Business School located in the Moscow City Office complex, in the heart of Moscows new business district.
  • Full visa support is provided.
  • All participants earn a certificate of completion

Program Costs (includes all services mentioned above): 
350 USD per participant*
* Transportation to and from Russia, accommodation, meals, airport transfers and cultural excursions are NOT included; can be arranged by the business school at additional cost.  Please contact us for further details.

Minimum Number of Participants: 7

Discounts: can be offered to groups of 10 or more. Please contact us for further information.

Interested in learning more about Russian language and culture during your stay?
Russian language courses and excursions to Saint-Petersburg can be arranged upon request

Ready to enrol?
Please contact our International Programs Manager Ms. Olga Storozhenko (Storozhenko.O@mfua.ru), for assistance and further information.



SAMPLE PROGRAM:


Day 1: 

Participants arrive to Moscow and check-in to their accommodations

Day 2:

Morning:
  • Welcome address by Business School Director 
  • Master-Class: Cross-Cultural Aspects of Doing Business in Russia (Part 1 Communication styles, business etiquette, the role of organizational hierarchy)
  • Master-Class: Cross-Cultural Aspects of Doing Business in Russia (Part 2 Conducting business negotiations)
Afternoon:
  • Excursion to the Moscow Kremlin (optional)
Evening:
  • Free time for participants
Day 3:

Morning:

  • Master-Class: Managing Human Resources in Russia (Part 1 Key aspects of Russian labor law, overview of the current Russian labor market)

  • Master-Class: Managing Human Resources in Russia (Part 2 Motivating, training, rewarding and retaining staff in the current Russian labor market)

Afternoon:

  • Company visit

Evening: 

  • Free time for participants

Day 4:
Morning:
  • Master-Class: Regulatory environment and business ethics in Russia (Part 1 Types of corporate registration and their respective pros and cons, key elements of Russian corporate and tax law impacting business)
  • Master-Class: Regulatory environment and business ethics in Russia (Part 2 Overview of Russian government bodies responsible for regulating specific industries, building constructive relations with governmental organizations, avoiding corruption and maintaining ethical business standards)
Afternoon:
  • Excursion to Pushkin Museum and Tretyakov Art Gallery (optional)
Evening:
  • Free time for participants
Day 5: Morning:
  • Master-Class: Entrepreneurship and Risk Management in Russia (Part 1 Overview of current state of entrepreneurship in Russia, government-sponsored initiatives and organizations designed to support entrepreneurs and small business owners in Russia)
  • Master-Class: Entrepreneurship and Risk Management in Russia (Part 2 The evolution of risk management in Russia, current state, and best practices tips for foreigners on managing risks related to doing business in Russia)
Afternoon:
  • Company visit 
Evening:
  • Free time for participants
Day 6: Morning:
  • Master-Class: Russian Foreign Trade (Part 1 Key trade sectors operating in major Russian regions, the impact of recent shifts in economic policy on foreign trade, new strategic alliances in foreign trade)
  • Master-Class: Russian Foreign Trade (Part 2 Russias membership in the WTO, impact of recent sanctions on various sectors of the Russian economy)  
Afternoon:
  • Presentation of Certificates to all participants
  • Lunch and site seeing cruise on the Moscow river (optional)
Dinner:
  • Free time for participants
Day 7: Participants depart Moscow