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The Transformation of Russian Business Education and Its Outcomes: How Russia Moved Away from Marxism toward a Market Economy through Revitalized Business Education

The Transformation of Russian Business Education and Its Outcomes: How Russia Moved Away from Marxism toward a Market Economy through Revitalized Business Education
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Author(s): Elise Kiregian (TCI, USA)
Copyright: 2018
Pages: 21
Source title: Business Education and Ethics: Concepts, Methodologies, Tools, and Applications
Source Author(s)/Editor(s): Information Resources Management Association (USA)
DOI: 10.4018/978-1-5225-3153-1.ch055

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Abstract

This chapter looks at the transformation of Post-Soviet Russian business education. The extraordinary metamorphosis shapes the new generation of Russians profoundly. Russians are now far more likely to speak English, to hold personal investment portfolios and to be able to work outside of Russia in global businesses. The old-fashioned idea of central control of every aspect of life is largely gone as are business courses extolling the virtues of Marxism. Research shows the wide acceptance of western business concepts such as strategic planning and case analysis and the rapid growth of the Master of Business Administration (MBA) degree. One unexpected outcome is the rise of Russian women to management positions in Russian corporations.

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