AIBEc: The American Institute of Business and Economics


	Search

Courses

Courses at AIBEc are patterned on those you would encounter in a typical American MBA program. In most cases, courses meet for three hours per week over a 14-week semester. Summer courses meet six hours per week over a 7-week semester. Participants are expected to attend lectures regularly, read textbook and sometimes other materials, and take various tests and examinations. Some courses also include class presentations, problem sets, group projects, term papers, and seminar sessions. Students should expect to spend approximately 2 hours on reading and class preparation for each hour of lecture time. As in any American business school, it is not possible to receive credit for AIBEc courses by taking examinations without regular attendance at lectures and seminars.

Economics courses

ECON102 Managerial Economics
Applications of microeconomic theory to business decision making, including pricing, demand estimation, cost analysis, competitive and noncompetitive market structures, and other topics.
ECON104 Macroeconomics and Value Creation
This course deals with issues such as how a value of a business is created, preserved and improved by the decisions of businesspersons related to 1) investing in certain activities; 2) financing those investments; 3) monitoring and controlling said activities. Special emphasis is given on how business performance is affected by the macroeconomic environment.

Finance courses

FNCE201 Corporate Finance
The course discusses the basic principles of finance (the opportunity cost of capital, the net present value concept, risk and return tradeoff, portfolios and diversification), as well as the theoretical basis for financial decision making. It also includes comparisons of the U.S. and the Russian financial systems.
FNCE220 Capital Markets and Financial Institutions
This course consists of two major parts. The first part is devoted to the nature, role, and functioning of financial institutions in the developed capital market. The second part deals with the Russian capital markets and financial institutions. The principal goal here is to screen the local experience against worldwide theory and practices in order to identify both common and specific features of developed and emerging markets.
FNCE221 International Finance and Risk Management
The course discusses the principles of international finance (economics of the international environment, purchasing power parity, and sources of risk in the international financial markets) and the theoretical background on which the practices of operation of the international financial markets are based.
FNCE222 Takeovers, Restructuring, and Corporate Governance
An exploration of takeovers, mergers, divestitures, and corporate restructuring, including strategies and empirical evidence, with examples drawn from international and Russian experience.
FNCE223 Management of Change
This course gives a better understanding of problems related to cost cutting, restructuring, targeting new markets, introducing new goods and services, corporate M&A's and describes tools to alleviate them. Classic international and current cases from the emerging markets will be reviewed. The ultimate goal of the course is to improve students decision-making skills for both everyday corporate management and for strategic business development.
FNCE999 Modern Financial Services
Theory and practice of banks and insurance companies. Management finance, people and implementation of these skills in banking, insurance and elsewhere in the financial sector. Responding successfully to the rapid changes in technology, customer requirements and regulations and making smart decisions about operations and strategies in the global financial services industry.

Accounting courses

ACCT201 Financial Accounting
Introduction to the recording of business transactions and interpretation of financial statements, emphasizing US GAAP and IAS.
ACCT202 Managerial Accounting
This course provides students with a thorough review of most Managerial Accounting issues of importance to many organizations such as Cost Allocation, Activity Based Costing, Budgeting, Standard Costing, Just in Time Inventory and many other topics.
ACCT210 Comparative Accounting / Advanced Accounting
Compares Russian, international, and U.S. GAAP accounting with special attention to accounting problems of Western firms doing business in Russia.
ACCT220 Taxation
Covers fundamental concepts of taxation and examines the current Russian tax system from an international comparative perspective with reference to both U.S. and Western European practices.
ACCT211 Accounting Analysis
How Accounting rules influence Decision Making, valuation and the Global Financial Crisis. Topics include: Credit rating Agencies and the analysis they use to rate companies, Equity Accounting, Business Combinations and Consolidations, Methods used to manipulate Accounting numbers, Crisis issues such as Mark to Market and Impairment of assets, Future trends in IFRS, GAAP and RAS.

Marketing courses

BUSN210 Principles of Marketing
This course provides an overview of the role of marketing in a modern international business.
BUSN211 Strategic Marketing
Covers a variety of advanced topics in marketing strategy such as Marketing Plans, SWOT analysis and other issues. Course is open to students who have previously taken Principles of Marketing.
BUSN212 Marketing Research
This course provides students with knowledge of many marketing research techniques such as market sampling, designing a marketing questionnaire and many others. Students are required to do a project in which they research a product or service in Russia, using the research methods they have learned.
BUSN303 Sales Management
This course covers both theoretical and practical aspects of sales management, including topics such as sales forecasting, demand forecasting, types of sales and other sales issues.
BUSN213 Services Marketing
This course deals with the marketing service issues such as customer satisfaction and customer profitability in areas such as financial services, legal services, hospitality, entertainment, health care, education, retailing, transportation and other service areas. Special attention is given to services marketing issues in Russia, the U.S., and Europe.
BUSN217 Marketing Action
This course focuses on Brand Strategy & Implementation with an emphasis on luxury goods.
BUSN218 Marketing Communications
This course examines topics such as Public Relations, Advertising and Sales Negotiations. This course is extremely interactive and a significant portion of the class is devoted to business games, presentations and other training activities.
BUSN209 Personal Marketing
The course provides essential practice of presenting and promoting oneself on the labor, corporate and professional markets as well as in any other social exposure fields. It is strongly advisable to take this course after the G. Troussov’s Marketing Communications.

Other business courses

BUSN221 Principles of Business Law and BUSN222 Company and financial law
Two semester sequence covering fundamental concepts of American business law, with special emphasis on topics of use to Russian students working as employees or partners of American firms and comparisons to Russian business law as appropriate.
BUSN223 International Transactions
Covers topics of interest to employees of firms in Russia that do business internationally, including import-export transactions, letters of credit, international organizations (GATT, WTO, EU), shipping contracts, and others.
BUSN224 Negotiations and Dispute Resolution
Practical and legal issues in negotiating various agreements and dealing with various methods of dispute resolution.
BUSN230 Managing People in Organizations
Applies concepts of social sciences to problems of managing individuals and teams in large and small business organizations.
BUSN233 Career Development
This course is for those who want to be more succesful in their woking and non-working lives. It covers such issues as career success skills, impression management, presentation skills, the HR cycle and others.
BUSN250 Information Technologies for Business
The use of computers and information technologies as management tools in business organizations, the use of Internet and other external information and marketing resources. Concepts of the organizational and technical foundations of Management Information Systems (MIS), introduction of IS concepts to various end-users of information systems. Management of information, IT and systems development in order to gain competitive advantage and aligning IS to general business functions.
BUSN260 Operations Management
A survey of production-related topics with which all managers should be familiar, including inventory management, project scheduling, quality assurance, and others.
BUSN300 Strategic Management
A course for students nearing the end of their MBA studies that integrates concepts from several business disciplines and applies them to real-world case studies.
BUSN252 Business Development Strategies (Entrepreneurship)
Practical issues concerning the starting and development of small businesses.
BUSN401 Business Planning in the Russian Environment
This course is not only NEW at AIBEc. It is a prototype of the long-prepared format of Field Study - a standard and mandatory course at all business schools. In a Field Study the students in a group analyze a real project at a real company.
In this course the students have to pick and analyze an investment project, individually or in a group (up to 4 students in a group). The resulting "product" will be a full business plan that can be implemented in the current Russian environment. The project will have to be presented in class.
BUSN402 Project Management
We at AIBEc have decided to introduce a new course in Project Management that will help you through the difficult time of uncertainty and will significantly improve your value as a manager by training you as an MBA with Project Management Certification.
The course establishes the fundamental common concepts of traditional project management based on the world-wide standards – Project Management Institute (PMI) methodology – and then introduces the strategic approach to project management and the concept of project leadership. Such comprehensive exploration of the project management discipline presents the tools, steps, and processes of project management and uncovers the critical thinking – the why – vital to project management excellence.

SHORT-TERM WORKSHOPS

This is not a full-credit course, like regular ones. But you can earn half a credit and earn the other half a credit for another short-term workshop.

Improving Presentation Skills (with Jerry Rohan, MBA)
Services Marketing (with Dr. Karen Fox, PhD, Stanford, MBA Kellogg)
.