BRC 3502 - Business Environment in Russia

Institution:

Babson College

Subject:

Description:

4.00 credits BRC3502 The Business Environment in Russia 4-cr General Credit William Coyle A component of the 16-credit Russia-China course, this two week, 4-credit advanced general credit course in St. Petersburg, Russia will build upon the work done in the preceding two weeks in the Russia in Modernity: History, Culture and Politics course taught by Prof. Brian Seitz. One premise of the course is that you cannot understand the business environment of a country without understanding and having an appreciation of the history, politics and culture of that country. So although this is a course about the business environment of Russia, it will explicitly build upon the foundation laid by Prof. Brian Seitz. By the time this course starts the students would have spent two weeks in Russia. So students will be familiar with their surroundings. They will see how things appear but they will not have an appreciation of the immense change in the business environment in a period shorter than they have been alive. So the course will start with a history of the transformation of the communist centrally planned Soviet Union to capitalistic Russia. They will see how Russia had to change its economic and legal system entirely. Areas such as the formation of a legal code, the creation of a banking system, and the privatization of existing companies and the creation of newly created companies will be explored. Then students will start to consider the current business environment. The role of oil and natural gas and other commodities will be analyzed on how it affects the economy of Russia. Business sectors such as retail and manufacturing will be considered. Tourism and trade, customs and import/export issues will be analyzed. Imbedded within the course will be discussions about the ethical business environment in Russia and the cost of corruption to the economy and to society. Students will also have the opportunity to visit a number of companies to illustrate and provide concrete examples of issued raised in class. Proposed company visits would be in the banking, retail, information technology and manufacturing sector. Prerequisites: OEM and MCE Co-requisites: BRC3501, BRC3601, BRC3602

Credits:

4.00

Credit Hours:

Prerequisites:

Corequisites:

Exclusions:

Level:

Instructional Type:

Lecture

Notes:

Additional Information:

Historical Version(s):

Institution Website:

www.babson.edu

Phone Number:

(781) 235-1200

Regional Accreditation:

New England Association of Schools and Colleges

Calendar System:

Semester

The Course Profile information is provided and updated by third parties including the respective institutions. While the institutions are able to update their information at any time, the information is not independently validated, and no party associated with this website can accept responsibility for its accuracy.