MBA students of Business Administration Institute, the State University of Management, have completed an internship at the Ajman University of Science and Technology (UAE). Over two weeks, young entrepreneurs attended master classes given by the university's leading professors, as well as paid industrial visits to landmark enterprises of the country. A large-scale international educational project was implemented with the administrative support of Maksim Zagornov, Business Ambassador of Business Russia to the UAE and is expected to become an annual event.
The foreign internship focused on "Modern Technologies of Management: Successful Experience of Business Development in the UAE" was held from June 11 to 23. It was undertaken by 23 MBA students of Business Administration Institute, the State University of Management - business owners, young entrepreneurs, top managers of state corporations, banks, development institutes.
The internship took place at one of the largest universities in the United Arab Emirates – the Ajman University of Science and Technology (AUST). Today, AUST is the top ten universities in the UAE and the top 660 of the QS World University Rankings.
In the course of the internship, the students learned about advanced management technologies, business peculiarities, digital transformation, and banking in the UAE. The internship program encompassed master classes given by leading professors of Ajman University as well as visits to the UAE's renowned enterprises, which hold leading positions in their industries. Young Russian entrepreneurs had the opportunity not only to get acquainted with production and business processes, but also to meet with the top management of enterprises to discuss the specifics of business and establish direct contacts.
Agreements with Ajman University regarding the Russian students' visit were reached with the organizational assistance of Maksim Zagornov, Business Ambassador of Business Russia to the UAE, who praised the results of the internship.
"For Business Russia this is the first MBA internship project of such scale for the students of a leading management university in the country. This is a solid step toward the evolution of bilateral relations with the UAE. Nowadays, amid rapidly changing environment and innovative technologies it is essential for entrepreneurs to have access to the best global solutions for business process forming. In my opinion, the internship program turned out to be extremely eventful both from theoretical and practical side. MBA students of State University of Management were able to visit various UAE enterprises, communicate with their managers, exchange business experience in home countries. I hope this cooperation will continue at the level of universities and Business Russia", Nonna Kagramanyan, Vice President, Head of the Executive Committee of Business Russia, Head of Business Russia Department of Institute of Business Administration, SUM, stressed.
"It's comforting to know that the III Forum of the Federation of Russian and Arab Universities bore its practical fruit so quickly and did not remain a formal meeting. MBA students of the Institute of Business Administration of the State University of Management have also brought back not only warm memories of oriental hospitality, but also specific knowledge in the field of business and industry management, learned the subtleties of digital transformation and established contacts with top managers of the companies and enterprises visited as well. There are all prerequisites for this internship program to become regular. It is quite possible that we will invite our new Arab friends to pay a return visit to SUM," Vladimir Stroev, Rector of the State University of Management, shared.
At the end of the program, the students received internship certificates of the Ajman University of Science and Technology for 70 contact hours. According to the Institute of Business Administration of the State University of Management, given the successful results, the internship in the United Arab Emirates can become an annual one.