Moscow School of Management Skolkovo

In the early 2000s, top managers at Sun Group and McKinsey addressed Ruben Vardanyan, Chairman of the Board of Directors of Troika Dialog , and German Gref, Head of the Ministry of Economic Development and Trade, with the idea of ​​creating a business school in Russia. The idea was accepted, but the project was not implemented due to lack of investment ^[4] .

In 2006, a group of businessmen led by Ruben Vardanyan provided $ 120 million for each project (10 million per participant). A land plot of 25 hectares was provided by Roman Abramovich ^[4] . In the same year, McKinsey developed the first strategy for a business school.

The ceremony of laying the first stone in the foundation of the school was held on September 21, 2006. The ceremony was attended by Russian President Vladimir Putin , founding partners, architect David Ajaye . In the same year, the launch of the first corporate educational programs began ^[4] .

In 2007, the first ^[5] meeting of the International Board of Trustees of the business school was chaired by Dmitry Medvedev. In the same year, the Skolkovo Business School took part in the World Economic Forum in Davos as an organizer of the discussion on the development of intellectual capital.

Among the first members of the International Board of Trustees of the Skolkovo Business School was Mr. Lee Kuan Yew (First Prime Minister of the Republic of Singapore) ^[6] .

At the end of October 2008, a loan was received at Sberbank for $ 245 million ^[4] .

In 2008, the school began its research activities - the launch of the Institute for Emerging Market Research.

In 2009, training began under the Skolkovo MBA and Skolkovo Executive MBA programs ^[7] .

In 2010, the business school became part of the international organizations and became one of the members of the EFMD (European Foundation for Management Development - International Association for the European Accreditation of Business Schools) and UNICON (Consortium For University-Based Executive Education - a global consortium of educational organizations based on business schools ^[7] .

In 2011, the Skolkovo Education Development Center began its work ^[8] .

In June 2012, the first class of Startup Academy began training ^[9] .

In June 2013, the Skolkovo Workshop program was launched for owners of medium and small businesses. In the same year, the Center for Welfare and Philanthropy Management of the Moscow School of Management Skolkovo began to operate ^[10] .

In 2014, the first annual alumni convention was held. And the Skolkovo MBA training program took first place in Russia among MBA programs according to the version of the company ’s Secret magazine ^[11] . In the same year, Andrei Sharonov became one of the jury members of the EY “Entrepreneur of the Year” international competition in Russia ^[12] .

In May 2015, as part of a strategic partnership between Unilever and the Skolkovo School of Management, an expert center for sustainable business development was opened on the platform of the Skolkovo Institute for Emerging Market Research ^[13] .

In 2016, the school signed a three-year cooperation agreement with the School of Business and Management at Hong Kong University of Science and Technology (HKUST) . Cooperation involves the joint development of educational programs, quality control of academic processes, international research, as well as the exchange of teachers and students ^[14] . Also in the same year, the Skolkovo MBA grant program was launched. The Center for Health Development has been launched.

In 2017, the school reached the final of the EFMD Excellence in Practice competition in the Infrastructure Development category and won the EFMD business case competition in the Sustainable Production System category ^[15] .

In the spring of 2018, the business case “Monotowns - Long Let Transformations” became the winner of the 2018 EFMD Exellence in Practice business case competition in the special category “Infrastructure Development”. Skolkovo became the first Russian business school to receive the EFMD Exellence in Practice medal.

In autumn 2018, the business school launched two educational programs prepared jointly with other business schools: EMBA for EURASIA together with the HKUST business school (Hong Kong) and LIFT (Leadership Identity Foundation and Transformation) together with IMD ( Switzerland ) ^[16] .

Most school curricula are based on the principle of learning by doing ^[4] .

Graduation programs

Every year, the Skolkovo Business School opens 2 sets for the Skolkovo MBA program, 1 set for the Executive MBA program with simultaneous translation, 1 set for EMBA for Eurasia (a joint double degree program with HKUST Business School).

The MBA program is divided into 2 parts: in the first half of training, all basic basic courses (the first 7-8 modules) are mastered, the focus of the second part of the course is on the practical application of all skills and knowledge in working on a project. The school annually holds a competition of grants for the Skolkovo MBA program, half of each study group consists of students who received scholarships. The final Skolkovo MBA module is conducted under the extreme conditions of the Kamchatka Peninsula . About half of MBA and EMBA students are entrepreneurs ^[17] .

EMBA For Eurasia is a sixteen-month double degree program developed in conjunction with HKUST Business School. The program consists of modules in 7 countries: Russia (Skolkovo Business School), China (HKUST), Kazakhstan ( Nazarbayev University ), Armenia , Israel ( Tel Aviv University ), Switzerland ( St. Gallen ) and the USA ( University of California, Berkeley ). The program involves the study of the specifics of the Eurasian region and the acquisition of practical skills ^[18] .

Business Software

The Startup Academy program is aimed at beginning entrepreneurs, experienced entrepreneurs, as well as investors.

The workshop is a program of 5 modules, focused on Russian CEOs, owners of small and medium-sized businesses. The program uses a systematic approach to the development and consolidation of managerial skills among representatives of small and medium-sized businesses ^[19] .

In 2018, the Practicum Global Shift program was launched for small and medium-sized entrepreneurs who want to enter the international market ^[20] .

By 2019, the Skolkovo business school has conducted more than 350 programs for more than 150 corporate clients, including Lukoil , Rosatom , TNK-BP , Evraz and Gazprom ^[21] .

In 2017, the Institute for Public Strategies was created, the purpose of which was to expand the school's offer for the public sector, healthcare and non-profit organizations.

The strategic partners of the business school are international companies EY , International Paper , MasterCard , Rusal , Schlumberger and Sberbank .

The school has launched joint educational programs with several world business schools: HKUST, IMD and ESMT . The joint HKUST - Executive MBA for Eurasia double-diploma program was launched in November 2018. Together with IMD, the LIFT program (Leadership, Identity, Foundation and Transformation) was developed and launched in November 2018, the academic director of the program is Andrey Sharonov, president of the Skolkovo business school ^[22] .

The Moscow School of Management Skolkovo is a member of several organizations developing business education, the European Management Development Fund (EFMD) and UniCon, as well as a member of the American Chamber of Commerce, the Russian-American Business Council and the Association of European Businesses ^[23] .

The research activities of the Moscow School of Management Skolkovo are aimed at studying international practice and applied knowledge for business. The business school has 9 research centers conducting research in various fields ^[24] :

• Institute for Emerging Market Research
• Center for executive coaching, development and career
• Energy Center
• Education Transformation Center
• Center for Welfare Management and Philanthropy
• Health Development Center
• Center for Digital Transformation
• Center for Financial Innovation and Cashless Economy
• Consumer Markets Development Center

Over 12 years, more than 150 research papers have been published on the following topics: online education, digitalization of regions, succession and management of private capital, macroeconomics, professions and competencies of the future. 25 business cases were written about Russian companies that are used in programs of world business schools (St. Gallen, ESADE, Shanghai Jiak Tong University, Manheim Business School) ^[21] .

The campus is located on the territory of the Odintsovo district of the Moscow region , on the first kilometer of the Skolkovo highway , between the village of Marfino and the village of Skolkovo.

The concept and design of the campus were developed by British architect David Ajay, based on the work of Suprematism by artist Kazimir Malevich .

The campus of the Moscow School of Management Skolkovo is a disk that consists of 7 clusters named after the continents and BRICS countries . On the roof of the drive are hotels, an office building and a sports center.

The British edition of The Calvert Journal has included the school’s campus in the list of the best Russian buildings in the last decade ^[25] .

In October 2008, Skolkovo received a loan from Sberbank in the amount of US $ 245 million secured by school land and Troika Dialog shares ^[4] . An article on the E-xecutive.ru website called into question the market conditions on which funding was received ^[26] .

The school is also criticized for the high cost of training (50 thousand euros for the MBA program and 90 thousand euros for the Executive MBA ^[4] ). The cost of training in it is comparable with INSEAD ^[27] and London Business School ^{[28] [29]} , but without taking into account the additional costs associated with the need to move to Lausanne or London, dismissal from your current job, etc., unavoidable for people living and working in Russia.

• Business education
• Scientific schools and areas of management
• Graduate Management Admissions Test
• Innovation Center Skolkovo

• The official website of Skolkovo
• Official blog
• Report from Skolkovo Business School
• BusinessWeek. 'Moscow's Soon-to-Be Global B-School' by Jason Bush, March 31, 2008
• BusinessWeek. 'Skolkovo Stays on Track with MIT Link' by Jason Bush, March 16, 2009
• The first graduation of the Skolkovo Business School