Program brief description
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Degree: Master of Arts in Management
Program credits: 120 ECTS
Program Duration: 2 years
Language of Instruction: English
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The goal of the program is to provide up-to-date practice-oriented management education for people interested in working for Russian and international companies. Graduates of the program are capable of addressing global challenges and have the following skillset: strong analytical skills to plan and forecast company’s performance, teamwork and leadership, budget planning, developing business strategies, performance management, supply chain management, financial management.
The program has two tracks: International Business and International Financial Management. Students choose one of them at the end of their first year of studies.
The program is listed among Top-150 Masters in Management according to the QS ranking (2019).
"International Management" is the only programm in the region that has F1-F5 and F7 courses accredited by АССА. The international professional accreditation of the program by ACCA means that students who are registered at the Association and successfully pass the above mentioned courses are awarded exemptions from respective ACCA papers and have an opportunity to sit the rest of the examinations (F4, F6, F8-F9) at the specialized centers. Moreover, the program students are offered special discount conditions for ACCA membership and examinations. Upon becoming members of ACCA, students and graduates of the program get access to the vacancy database that includes job postings for key financial management positions in Russian and international companies.
Annually the program offers the International Summer School Doing Business in Russia (2 weeks in the multicultural environment) that gives 6 ESTC. The program features top managers of Russian and international businesses, INNOPROM Industrial Trade Fair experts, field visits to local companies and a team business project presentation to a jury of corporate representatives.
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Program prerequisites
To apply for this course, an applicant should provide a Bachelor Diploma. A degree in economics, management or finance is preferred but not required and does not give any advantages of additional points at the entrance examinations.
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Program requirements and Evaluation
Students are required to attend seminars, participate in discussions, write several comparative essays, complete peer review assignments, take midterm tests and participate in a presentation of their group project toward the end of the semester, write group and individual research papers for several courses, complete a final research project and a Master thesis defense. Each assignment is to be evaluated according to course criteria that correspond to general university criteria. A regular lesson structure will include, firstly, discussion time of the required readings according to the proposed format: discussion, roundtable, debate, simulation etc. Secondly, there will be some time for synthesizing and summarizing the material. Thirdly, the instructor will present some ideas of possible ways of thinking and analyzing the readings. Finally, there will be a period for reflection on the readings, questions from the students and guidelines for the next class.
The program faculty use the online learning platform Moodle that makes it easier for students to access lecture and seminar materials, homework guidelines, required research and midterm tests. Moreover, the active use of online learning environment provides for more efficient communication among the students and instructors.
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Grading system
|
ECTS Grade |
Points |
Russian grade |
|
A |
100-91 points |
“excellent”: 100–80 points |
|
B |
90-81 |
“excellent”: 100–80 points |
|
C |
80-71 |
“good”: 79– 60 points |
|
D |
70-61 |
“good”: 79– 60 points |
|
F: failed |
less than 60 points: failed |
“satisfactory”: 59–40 points |
|
|
“unsatisfactory”: failed, less than 40 points |
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Exchange Semester
Students of the program have an opportunity to study at GSEM UrFU partner universities for an exchange semester (30 ECTS) with further transfer of credits obtained if a student has passed all exchange courses with a minimum “D” grade or better. Participation in the exchange program is possible during the 2nd or 3rd semester. The list of GSEM UrFU partner universities is available here. The cost of tuition fee for exchange semester is included into the program tuition fee; the costs of living, transport and insurance are not included and should be covered by a student.
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Internship
Professional Internship (12 ECTS) is foreseen at partner companies of the program, such as KPMG, RaifeisenBank, UMMC, Sberbank, Unilever, Ural Locomotives and others, as well as the Ministry of International and Foreign Economic Relations of the Sverdlovsk Region. The internship places are distributed on a competitive basis depending on the companies’ demand. The corporate partners also participate in the program delivery by holding a series of master classes and awarding corporate certificates confirming students’ professional competencies.
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Program Outline
Full annotation of program modules are available via this link
|
Code |
Course title |
Number of ECTS |
Semester / year |
|
М.1.1 Б.1 Б |
Module Social Business Architecture |
6 |
|
|
|
Modern Strategic Analysis |
3 |
2nd sem / 1 year |
|
|
Sustainable Development Management |
3 |
2nd sem / 1 year |
|
М.1.2 Б.1 Б
|
Module Methodological Basis of Management |
6 |
|
|
|
Research Methods in Management |
3 |
1st sem /1 year |
|
|
Managerial Economics |
3 |
1st sem /1 year |
|
М.1.3 Б.1 Б |
Module Team Relationship Management |
12 |
|
|
|
Organizational Behavior |
3 |
1st sem /1 year |
|
|
Business Negotiations |
3 |
1st sem /1 year |
|
|
Effective Leadership |
3 |
1st sem /1 year |
|
|
Project Management (advanced) |
3 |
1st sem /1 year |
|
М.1.4 Б.1 В |
Module Financial Accounting and Analysis |
21 |
|
|
|
Corporate Finance |
4 |
2nd sem / 1 year |
|
|
Time Series Analysis |
3 |
1st sem /1 year |
|
|
Modeling and Optimization of Business Processes |
3 |
1st sem /1 year |
|
|
Management Accounting (advanced) (F2) |
4 |
2nd sem / 1 year |
|
|
Financial Accounting (F3) |
3 |
1st sem / 2 year |
|
|
International Financial Reporting Standards (F7) |
4 |
2nd sem / 1 year |
|
М.1.5 Б.1 В |
Module International Project Activities |
12 |
1st sem / 2 year |
|
|
Corporate and Business Law (F4) |
3 |
2nd sem / 1 year |
|
|
Corporate Governance and Finance |
3 |
3rd sem / 2 year |
|
|
Risk Management (advanced) |
3 |
3rd sem / 2 year |
|
|
Management History and Methodology |
3 |
2nd sem / 1 year |
|
Elective modules of the track International Business |
Module International Management Practices |
18 |
|
|
М.1.6 Б.1 В. BB |
International Management Practices Project |
6 |
3rd sem / 2 year |
|
|
Global Drivers of Business Models Transformation |
3 |
3rd sem / 2 year |
|
|
Global Market Conditions |
3 |
3rd sem / 2 year |
|
|
International Logistics (advanced) |
3 |
3rd sem / 2 year |
|
|
International Business Strategies |
3 |
3rd sem / 2 year |
|
М.1.8 Б.1 В. BB |
Module International Supply Chain Management |
9 |
|
|
|
Procurement |
3 |
4th sem / 2 year |
|
|
Global Supply Chain Management |
3 |
4th sem / 2 year |
|
|
Practical Aspects of Foreign Trade |
3 |
4th sem / 2 year |
|
Elective modules of the track International Financial Management |
Module Corporate Finance Management |
18 |
|
|
М.1.7 Б.1 В. BB |
Corporate Finance Management Project |
6 |
3rd sem / 2 year |
|
|
Audit and Assurance (F8) |
3 |
3rd sem / 2 year |
|
|
Taxation (F6) |
3 |
3rd sem / 2 year |
|
|
Performance Management (F5) |
3 |
3rd sem / 2 year |
|
|
Financial Management (F9) |
3 |
3rd sem / 2 year |
|
М.1.9 Б.1 В. BB |
Module Current Issues of Financial Management |
9 |
|
|
|
Company Valuation and Value-Based Management |
3 |
4th sem / 2 year |
|
|
Digital Technologies for Business Management |
3 |
4th sem / 2 year |
|
|
Financial Derivatives |
3 |
4th sem / 2 year |
|
Б2 |
Internship module |
27 |
|
|
|
Introductory Internship |
3 |
2nd sem / 1 year |
|
|
Professional Internship |
9 |
3rd sem / 2 year |
|
|
Research project |
15 |
2-4 sem / 1-2 |
|
Б3 |
Thesis Defense |
9 |
4th sem / 2 year |
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Learning outcomes
By the end of the program, students will be able to conduct business negotiations, evaluate export opportunities of a company, efficiency of its international commercial transactions and business risks, plan and forecast a company’s growth opportunities, develop elements of global supply chains, maintain accounting and analysis of a company’s performance, and make decisions based on financial indicators. By working on a group projects, they will learn how to define underlying problems, extract alternatives, rank priorities and develop management solutions, as well as work in teams.
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Employability
Graduates are of great demand at the companies focused on the production sector – 24%, finance, consulting and audit – 42%, transport and logistics – 16%, IT – 8%, construction and development – 5%, government authorities – 5%, sales and other services – 4%.
