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Armenia And Russia Sign Memorandum On Establishment Of Corporate Adm

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  • Armenia And Russia Sign Memorandum On Establishment Of Corporate Adm

    ARMENIA AND RUSSIA SIGN MEMORANDUM ON ESTABLISHMENT OF CORPORATE ADMINISTRATION HIGHER SCHOOL

    ARMENPRESS
    May 23, 2008

    YEREVAN, MAY 23, ARMENPRESS: Today the National Academy of Sciences
    of Armenia and the Russian Government Academy of Economy signed in
    Yerevan a memorandum on establishment of Corporate Administration
    Higher School in Yerevan.

    On behalf of Armenia the memorandum was signed by Radik Martirosian,
    president of the National Academy of Sciences of Armenia and on behalf
    of Russia by Abel Aghanbekian, an academician of the Russian Academy
    of Sciences and head of Business Administration Doctor program.

    Radik Martirosian emphasized the establishment of the Corporate
    Administration Higher School saying that it will promote preparation
    of skilled specialists for Armenian economy.

    According to Abel Aghanbekian, the new school will recruit the best
    Armenian and Russian professors and specialists to teach the students
    who may become business doctors after 3 year-long tuition.

    The new school will offer courses on marketing, strategic business,
    international business, corporate administration as well as foreign
    languages.

    The new school will start operating from September.

    "There is enthusiasm and desire, we have managed to secure funds
    as well and therefore the initiative is quite feasible. The biggest
    investment is to invest in people," Abel Aghanbekian said.

    According to him, Armenian businessmen in Russia donated heavily
    to help realize this idea, but the main financing is to come from a
    businessman Radik Vanunts, who also signed the memorandum. The school
    is supposed to become later into a self-supporting entity.
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