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Thursday, 28 September 2006

New $300 million Russian business school

RussiaWork Starts on First Russian Business School September 26, 2006, The St. Petersburg Times.

President Vladimir Putin laid the foundation stone Thursday for a Moscow-area business school...

...Some of the country's best-known business leaders have agreed to help fund the $300 million project...

...as part of the two-year MBA program...

...Fourteen business leaders and companies, including Vardanyan and the country's richest man, Roman Abramovich, have agreed to donate up to $5 million each to the school...

...Construction of the school is expected to total $128 million, with another $100 million being plowed into an endowment. An additional $32 million will be spent on miscellaneous costs,..

OTHER SOURCES

Moscow’s new school looks west, Financial Times

Russian oligarchs open wallets to back biz school, Reuters India

Russian rarity: Birth of a real business school, International Herald Tribune

Oligarchs set up college for budding millionaires, The Times

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Comments

Live and let live. Tobias.

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