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Doing Business in Russia

Liudmila Popova, Irina Vorobieva, Alexandra Koval, Vadim Kapustkin, Nikita Lomagin, Trofimenko Olga, Alexander Pogorletskiy, Sherov-Ignatev Vladimir, Sergei Sutyrin, and Makarova Olga
The aim of the course is to provide an advanced knowledge and expertise of the contemporary Russian business environment and the latest strategies and practices required to do successful business in Russia. Students will learn the peculiarities of Russian...
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The aim of the course is to provide an advanced knowledge and expertise of the contemporary Russian business environment and the latest strategies and practices required to do successful business in Russia. Students will learn the peculiarities of Russian economy in the context of the development of international economic relations; assess the role of Russia in the global economy and trends in Russian economic cooperation with its main partner countries; acquire the knowledge about Russian business culture and features of establishing and promoting business on the Russian market.
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Good to know

Know what's good
, what to watch for
, and possible dealbreakers
Explores Russian business culture, establishing and promoting business in Russia, which is highly relevant to international business professionals
Taught by instructors from NES, a top Russian university, which adds credibility to the course
Provides insights into Russia's role in the global economy and trends in economic cooperation
Requires students to come in with some prior knowledge of international business concepts

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Reviews summary

Business in russia basics

This course is an excellent entry-level course for those who wish to learn about business in Russia. It is informative and easy-to-follow. Students can expect to learn about the contemporary Russian business environment and the latest strategies and practices required to do business there, such as how to set up a meeting and establish and grow a business.
This is a beginner-friendly course.
" I highly recommend the course…for entrepreneurs and managers who want to expand their operations in Russia."
Clear and easy to understand.
"very clear explanations with graphics"
Course covers macroeconomic indicators to etiquette.
"The course offers lectures in a wide variety of topics from macroeconomic indicators of Russia to Russia Business etiquette..."
Excellent and informative course.
"Excellent entry-level, very informative and easy-to-follow course!"

Activities

Coming soon We're preparing activities for Doing Business in Russia. These are activities you can do either before, during, or after a course.

Career center

Learners who complete Doing Business in Russia will develop knowledge and skills that may be useful to these careers:
Foreign Policy Analyst
Foreign policy analysts research and develop policies and strategies for the U.S. government concerning foreign nations and international organizations. The course content on Russian economy and trends in Russian economic cooperation with its main partner countries can be directly helpful in succeeding in this career.
Business Consultant
Business consultants advise and make recommendations to improve profitability, efficiency, organizational structure, and operations for businesses. The course can help lead to success in this role because this role typically requires advanced knowledge of various business strategies and practices. The course provides an advanced understanding of contemporary Russian business environments and the latest practices required to do business in Russia.
Business Analyst
Business analysts provide advice and consult for businesses in the private, non-profit, or government sectors. They convey complex technical jargon and concepts to clients and stakeholders in non-technical ways. One who wants to become a business analyst can benefit from this course because professionals in this career typically need deep knowledge about business practices in foreign markets. This course provides the knowledge of the peculiarities of the Russian economy in the context of the development of international economic relations and Russian business culture and features of establishing and promoting business on the Russian market.
Market Research Analyst
Market research analysts study market conditions and trends to help businesses make informed decisions about product development, marketing, and sales. This course can help lead to success in this role because understanding business culture and practices in foreign markets are important for professionals in this career. This course provides knowledge about Russian business culture and features of establishing and promoting business on the Russian market.
Financial Advisor
Financial advisors offer a range of financial products and services to individuals and businesses. This course can help lead to success in this role because professionals in this career typically need to have deep understanding of the financial practices in foreign markets. This course provides knowledge about assessing the role of Russia in the global economy and trends in Russian economic cooperation with its main partner countries.
Investment Banker
Investment bankers help companies raise money through debt or equity financing, and advise companies on mergers and acquisitions. This course can help lead to success in this role because professionals in this career typically need to have deep knowledge in the financial landscape of foreign markets. This course provides knowledge about assessing the role of Russia in the global economy and trends in Russian economic cooperation with its main partner countries.
Political Risk Analyst
Political risk analysts assess the political and economic stability of countries and regions to help businesses make informed decisions about where to invest. This course may be useful to those in this role because it covers topics on doing business in Russia. This course covers the assessment of the role of Russia in the global economy, trends in Russian economic cooperation with its main partner countries, and the peculiarities of Russian economy in the context of the development of international economic relations.
International Trade Specialist
International trade specialists manage complex international trade and logistics operations, advising clients on import and export regulations and opportunities. This course may be useful to those in this role because it covers topics on doing business in Russia. This course covers the assessment of the role of Russia in the global economy, trends in Russian economic cooperation with its main partner countries, and the peculiarities of Russian economy in the context of the development of international economic relations.
International Business Manager
International business managers oversee a company's international operations, which may include managing teams in different countries, overseeing sales and marketing efforts, and coordinating with other departments. The course can help lead to success in this role because professionals in this career typically need expertise in conducting business in foreign markets. This course helps build a foundation in contemporary Russian business environments and the latest practices required to do successful business in Russia, which can be useful.
Economist
Economists study how economic systems work and the factors that affect production, distribution, and consumption of goods and services. This course may be useful to someone in this role as it can help build a foundation in the trends in Russian economic cooperation with its main partner countries and the role of Russia in the global economy.
Technical Writer
Technical writers create user manuals, product documentation, and other materials that explain complex technical information. This course may be useful to those in this role because it covers topics on Russian economy, business culture, and international economic relations. This complex and specialized knowledge can be useful for creating accurate and accessible technical content for international audiences.
International Development Specialist
International development specialists work to improve the quality of life in developing countries by working on projects in areas such as economic development, education, and public health. This course may be useful to those in this role because it covers topics on doing business in Russia. This course covers the assessment of the role of Russia in the global economy and trends in Russian economic cooperation with its main partner countries.
Export Manager
Export managers oversee domestic companies' international operations to sell and market products or services to customers overseas. This course may be useful to those in this role because it covers topics on doing business in Russia. This course covers the peculiarities of Russian economy in the context of the development of international economic relations and Russian business culture and features of establishing and promoting business on the Russian market.
Import Manager
Import managers oversee domestic companies' international operations to procure goods and services from other countries. This course may be useful to those in this role because it covers topics on doing business in Russia. This course covers the peculiarities of Russian economy in the context of the development of international economic relations and Russian business culture and features of establishing and promoting business on the Russian market.
Supply Chain Manager
Supply chain managers oversee the flow of goods and services from suppliers to customers. This course may be useful to those in this role because it covers topics on doing business in Russia. This course covers the peculiarities of Russian economy in the context of the development of international economic relations and Russian business culture and features of establishing and promoting business on the Russian market.

Reading list

We've selected seven books that we think will supplement your learning. Use these to develop background knowledge, enrich your coursework, and gain a deeper understanding of the topics covered in Doing Business in Russia.
Provides a detailed analysis of the legal framework governing business activities in Russia. It covers topics such as company formation, taxation, labor law, and intellectual property. It is an essential reference tool for business professionals operating in Russia.
Provides a thought-provoking perspective on Russia's role in the global economy and its ambitions for global dominance. It valuable resource for business professionals seeking to understand the geopolitical context of doing business in Russia.
Offers a comprehensive analysis of the political and economic developments in post-Soviet Russia. It provides valuable background knowledge for business professionals seeking to understand the historical context and ongoing challenges of the Russian market.
Provides a historical perspective on the development of the Russian economy from the Soviet era to the present day. It valuable resource for business professionals seeking to understand the long-term trends and challenges of the Russian market.
This publication by the International Trade Administration provides up-to-date information on the Russian market, including economic data, trade regulations, and business opportunities. It valuable resource for business professionals seeking to enter or expand their presence in the Russian market.
This online media platform provides news, analysis, and commentary on Russian politics, economics, and foreign policy. It valuable resource for business professionals seeking to understand the geopolitical context of doing business in Russia.
This academic journal publishes peer-reviewed research on the Russian economy. It valuable resource for business professionals seeking to gain deeper insights into the economic dynamics of the Russian market.

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