Russian business schools have received a high status in the international ranking

Two Russian business schools have entered the Palm League of the international Eduniversal rating as educational institutions with global influence. The highest rating of 223% was given to the Higher School of Management of St. Petersburg State University (HSE St. Petersburg State University).

"Today, the Graduate School of Management is among the top 1% of the most reputable educational institutions in the world, and the prestigious 5 Palmes Emeritus award confirms its high academic level and contribution to the development of management education in Russia," said Andrey Kostin, President and Chairman of the Management Board of VTB Bank, who acts as a strategic academic partner of the business school and is a member of his board of trustees.

Kostin also noted that the training of professional managers is impossible without strong educational institutions. "For almost two decades, the strategic partnership between VTB and HSE St. Petersburg State University has been helping to shape a new generation of leaders capable of managing people, business, and change," he added.

Olga Dergunova, Senior Vice President of VTB and Head of VTB Education, said that together with the bank, a long-term development strategy for HSE St. Petersburg State University was created. "We consistently invest in the growth of the business school - in conducting large—scale research, expanding the partner ecosystem and supporting talented specialists. The new international recognition — the 5 Palmes Emeritus award — distinguishes the business school from its competitors. Apart from us, there is only one university in Russia with a similar status. Together with international training standards and unique programs, this strengthens the position of HSE St. Petersburg State University as a leading center for business education," Dergunova emphasized.

The MSU business School was also included in the rating.

Eduniversal is an authoritative global ranking of business schools. He evaluates the international influence and reputation of the educational institution. Its uniqueness lies in the system of "Palms", which are assigned to schools (from 1 to 5) depending on their local and global influence. The 5 Palmes Emeritus status is awarded to business schools that have improved educational processes for more than 10 years in a row.

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