13 Best Business Schools in Russia

*Review of the best according to the editorial board. About the selection criteria. This material is subjective, not an advertisement and does not serve as a guide to purchase. It is essential to consult with a specialist before making a purchase.

In recent years in our country special schools of business and management have begun to open actively. They teach all comers important skills that will be useful in business and company processes management. By acquiring useful knowledge, students can achieve great effectiveness in a variety of fields. There are both public and private educational institutions in this area, which differ from each other by a mass of indicators. Our experts have tried to make a reliable list of the best MBA educational institutions in Russia. Good reading.

Ranking of best business schools in Russia

Higher School of Management, St. Petersburg State University

Rating: 5.0

The leader of the rating is a business school which belongs to the state university of St. Petersburg. The institution has been in operation for more than 13 years and over the years has managed to earn the trust of thousands of students from across the country and the title of one of the best. Since 2012, the institution has acquired the official status of an institute. Students like interesting programs and a lot of useful information.

There are 6 different areas of training, each of them lasts about 2 years. The cost starts at 867 thousand rubles. It is the only business school in the Russian Federation that is included in the rating of European institutions and occupies the first position in the rating of many agencies.

Advantages

• many experienced teachers and consultants;
• Relatively short training time;
• face to face teaching process;
• Among the best 60 European MBA schools.

Disadvantages

• have not been identified.

Moscow School of Management SKOLKOVO

Rating: 4.9

The second position in the top of the best business schools is occupied by Skolkovo, which is a private organization established in 2006. The initiative for its creation came from the entrepreneurial community. In the training courses of this school you can find educational programs for running a business at practically all stages of its development: from an idea to a large company.

The programs are built according to the scheme “Learning by doing. However, courses are very expensive and more suitable for those who already have their own business. Minimum tuition fee: 1 million rubles. Number of programs reaches 5.

Advantages

• Short course duration;
• there are joint courses;
• very experienced teachers;
• more than 13 years on the market.

Shortcomings

• high cost of tuition.

Faculty of International MBA Programs IONRANHIGS (with Kingston University London)

Rating: 4.8

Our experts decided to award the third place to the faculty of international programs under the auspices of the President. Several study programs including international ones are available for the students to choose from. Some of them are made jointly with Kingston University. The school has been around for more than 20 years.

Among the advantages of the educational programs is the synergy obtained by combining the experience of English specialists and Russian businessmen. The curriculum includes 6 different courses priced from 900 thousand rubles. Duration of the course – no more than 2 years.

Advantages

• courses are developed jointly with Kingston University;
• Very experienced lecturers;
• some programs are taught by teachers from Great Britain.
• high efficiency of education.

Disadvantages

• not identified.

Institute of Business and Business Administration of the Russian Academy of National Economy and Public Administration (RANEPA)

Rating: 4.7

The fourth position in the rating is taken by one of the oldest business schools that appeared in the Russian Federation. It was founded more than 30 years ago. At the time of the rating it is the only MBA institution in Russia, which received the AACSB. All courses have several accreditations and are in top positions.

The institute offers a large number of different programs. They all differ in many ways, including teaching methods. There are courses for business beginners and owners of large companies that focus on improving careers. All students report higher income after graduation.

Advantages

• a large number of programs;
• Many experienced faculty members;
• no narrow specialization;
• There is a choice of courses for aspiring businessmen.

Disadvantages

• not identified.

IMISP Business School, St. Petersburg

Rating: 4.7

Fifth position in the rating is taken by the business school of Russia in the Northern Capital. The first school of this kind in St. Petersburg was founded in 1989. Italian professors helped to form it. This business school teaches European business management techniques.

Despite relatively small student volumes, instructors are mostly focused on quality and focus. At the moment it is one of the leading universities in MBA education, with a wealth of experience in teaching. This school has graduated over 25,000 students since its inception.

Advantages

• huge experience in teaching;
• European methodologies;
• 11 different courses;
• there is a possibility of upgrading qualifications.

Disadvantages

• not identified.

Higher School of Business, Kazan Federal University, Kazan

Rating: 4.7

In sixth place is the highest business school, which was created in 2000. It is a branch of one of the oldest educational institutions in Russia and combines several aspects of teaching: from the traditions of the university to the skills and way of thinking of the modern entrepreneurial community.

Offers several programs that relate to different categories of business, including oil and gas, retraining for management, and more. All academic disciplines and courses received international accreditation in 2015. It is one of the most reputable centers for management training.

Advantages

• large number of disciplines;
• is a branch of a state university;
• low cost of retraining;
• is accredited.

Disadvantages

• no identified.

Antwerp Management School/IBDA Russian Academy of National Economy and Public Administration, Moscow

Rating: 4.7

Seventh position is taken by a business school in Moscow that works with a leading institution in Belgium. This complex is one of the leaders in retraining of the managerial staff. The business school positions itself as a young complex based on the great experience of European entrepreneurs.

Moscow institution’s partner has more than 150 years of experience in teaching. And in 2017. The complex ranked 80th in the top of the world’s most famous MBA and management schools. After graduation, students receive a diploma in Management from the University of Antwerp.

Advantages

• providing a diploma;
• Short duration of the training program;
• of studying at an international school;
• Several languages of instruction.

Disadvantages

• were not detected.

Moscow International Graduate School of Business MIRBIS, Moscow

Rating: 4.7

In eighth place is an independent business school in Moscow, which was founded in 1988 on the basis of an agreement between the governments of the USSR and Italy. Thanks to the great experience of teaching, the Russian Federation managed to create more than 20 different programs to sharpen or gain skills in this or that field.

The course is primarily aimed at providing students with the necessary skills for effective human resource management, organization. The programs are internationally accredited. Tuition fees for mini-courses start at 165 thousand rubles. Reviews about the system are only positive.

Advantages

• huge number of courses;
• There are low prices;
• good feedback;
• relatively low cost.

Disadvantages

• not identified.

School of Business and International Competences of the Moscow State Institute of International Relations (University) of the Ministry of Foreign Affairs of the Russian Federation, Moscow

Rating: 4.6

In ninth place is the educational institution, which operates on the basis of the Russian Ministry of Foreign Affairs and the popular Institute of International Relations. Choice of several courses, each of them designed for a different level of training. For example, people who are not related to business and owners of ready-made businesses who want to increase their efficiency can study here.

The school regularly organizes interesting seminars. Tuition fees start at 920 thousand roubles, and the total number of programs reaches 8, which includes an executive MBA as well as a number of other useful skills. The company offers training in quite different parameters. The teachers are MGIMO professors and specialists.

Advantages

• high quality of teaching;
• payment only in rubles;
• several courses;
• favorable prices.

Disadvantages

• not identified.

Graduate School of Business, State University of Management (SUU), Moscow

Rating: 4.5

The tenth position in the rating is occupied by the Higher Business School of GUU Russia, which is an excellent educational institution for those professionals who want to acquire new knowledge and skills as quickly as possible. This school was founded in 2008. Currently a full-fledged structure in Moscow that includes classrooms, parking lots, and a hotel.

All students who have completed the course will be awarded an internationally recognized diploma. The curriculum has been fully accredited. Nine MBA majors are available for students to choose their own path. In addition, on the basis of this educational institution it is possible to be retrained. Full set of study materials is provided for students.

Advantages

• low prices;
• Wide range of educational programs;
• modular classes;
• There is distance learning in some programs.

Disadvantages

• not identified.

School of IT Management, Russian Academy of National Economy and Public Administration, Moscow

Rating: 4.5

The school of IT-management and business, which was organized in 2001, occupies the eleventh position in the rating. This is one of the branches of Russian Presidential Academy of National Economy and Public Administration. The main peculiarity of this school is that for the first time it began teaching programs in management in the IT-sphere, analytics. Later the business school began to conduct MBA studies.

Focus is made on preparation of highly qualified specialists in the sphere of information technologies. So far more than 2500 people have graduated from it, many of whom have become top managers, heads of IT-projects. Alumni club appeared in 2010, which improves interaction between companies.

Advantages

• high quality of education;
• There are short programs;
• orientation to the modern and topical sphere;
• low cost.

Shortcomings

• not identified.

Faculty of Economics, Lomonosov Moscow State University.v. Moscow, Lomonosov Moscow

Rating: 4.5

The penultimate business school, which trains a huge number of students from all over the country. It is a branch of Moscow State University. Over the years, it has managed to create several prominent scholars who have developed innovative techniques. Here they conduct training under programs of additional education.

The cost of all training programs is relatively low, with the exception of “Long-Term Economic Leadership. The duration is usually no more than 2 years. Teachers can teach the discipline in a modular system remotely, in the evening shift. There are also several options for retraining.

Advantages

• the highest efficiency of training;
• Many experienced teachers;
• There is a distance learning;
• there is retraining.

Disadvantages

• not identified.

The MBA Center (Business School) of Urals Federal University named after M. V. Lomonosov. Russia’s first president B.n. Yeltsin, Yekaterinburg

Rating: 4.4

The last position in a rating is occupied by business school MBA of UrFU. It was founded in 1987 and at that time was one of the largest outside the Moscow Ring Road. The professors have repeatedly participated in the projects together with scientists from European countries: Germany, England and the Netherlands.

This school cooperates with many partners from foreign universities and business schools. In addition to MBA, retraining in different areas is offered. The prices are very democratic and don’t exceed 550 thousand rubles for the whole period. Teachers are experienced UrFU economists.

Advantages

• low prices;
• there are several programs;
• interaction with European universities;
• experienced teachers.

Disadvantages

• not identified.