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<DIV><FONT face=Arial size=2>DEAR AIBECERS </FONT></DIV>
<DIV><FONT face=Arial size=2></FONT> </DIV>
<DIV><FONT face=Arial size=2>REGISTRATION FOR THE SECOND SUMMER SEMESTER IS OPEN
<STRONG>EVERY DAY UNTIL 9PM.</STRONG> FOR YOUR CONVENIENCE ON SAT. JULY 2ND
REGISTRATION WILL BE OPEN FROM 11-00 TILL 15-00. YOU CAN REGISTER AND THEN GO TO
THE AM CHAM PICNIC AT KUSKOVO ESTATE. <STRONG>DO NOT BE LEFT OUT</STRONG>! LIVE
MUSIC, PIE-EATING CONTESTS, SPORTING EVENTS, GREAT PRIZES, FIREWORKS. FIND MORE
DETALES AT AIBEC.</FONT></DIV>
<DIV><FONT face=Arial size=2></FONT> </DIV>
<DIV><FONT face=Arial size=2>YOURS TRULY,</FONT></DIV>
<DIV><FONT face=Arial size=2>ART FRANCZEK</FONT></DIV>
<DIV style="FONT: 10pt arial">
<DIV> </DIV></DIV>
<DIV><FONT face=Arial size=2><SPAN
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style="MARGIN: 0in 0in 0pt; mso-margin-top-alt: auto; mso-margin-bottom-alt: auto"><SPAN
style="COLOR: #333399"><FONT
face="Times New Roman"> <o:p></o:p></FONT></SPAN></P></TD>
<TD
style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 1.5pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 1.5pt; PADDING-BOTTOM: 1.5pt; BORDER-LEFT: #ece9d8; WIDTH: 520.9pt; PADDING-TOP: 1.5pt; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent"
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style="mso-bidi-font-style: normal"><SPAN style="COLOR: #333399"><FONT
face="Times New Roman">THE AMERICAN INSTITUTE OF BUSINESS AND
ECONOMICS<o:p></o:p></FONT></SPAN></I></P>
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<H3 style="MARGIN: auto 0in; TEXT-ALIGN: center"
align=center><FONT face="Times New Roman"><SPAN
style="mso-tab-count: 1">
</SPAN></FONT><FONT face="Times New Roman"><B><I><SPAN
style="FONT-SIZE: 10pt; COLOR: black"> </SPAN></I><SPAN
style="mso-spacerun: yes"> </SPAN></B><B
style="mso-bidi-font-weight: normal"><I><SPAN
style="FONT-SIZE: 10pt; COLOR: black"><o:p></o:p></SPAN></I></B></FONT></H3>
<H3 style="MARGIN: auto 0in; TEXT-ALIGN: center"
align=center><I><U><SPAN
style="FONT-SIZE: 12pt; COLOR: red"><FONT
face="Times New Roman">Second Summer Semester: July 4- August
19</FONT></SPAN></U></I></H3>
<P class=MsoNormal
style="MARGIN: 0in 0in 12pt 35.7pt; TEXT-INDENT: -17.85pt; TEXT-ALIGN: justify; mso-margin-top-alt: auto; tab-stops: list .5in"><B><SPAN
style="FONT-SIZE: 10pt"><FONT face="Times New Roman">
</FONT></SPAN></B></P>
<P class=MsoNormal
style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: justify; tab-stops: list .5in"><SPAN
style="FONT-SIZE: 10pt; COLOR: black; FONT-FAMILY: Symbol; mso-fareast-font-family: Symbol; mso-bidi-font-family: Symbol"><SPAN
style="mso-spacerun: yes"> </SPAN><SPAN
style="mso-spacerun: yes"> </SPAN><SPAN
style="mso-spacerun: yes"> </SPAN><SPAN
style="mso-spacerun: yes"> </SPAN><SPAN
style="mso-spacerun: yes"> </SPAN><SPAN
style="mso-spacerun: yes"> </SPAN><SPAN
style="mso-spacerun: yes"> </SPAN><SPAN
style="mso-spacerun: yes"> </SPAN></SPAN><FONT
face="Times New Roman"><SPAN
style="FONT-SIZE: 7pt; COLOR: black; mso-fareast-font-family: Symbol"> </SPAN><B><SPAN
style="FONT-SIZE: 10pt; COLOR: black"><A
href="../WINDOWS/Application Data/Microsoft/Word/corpfin.htm">Corporate
Finance</A> This course is an introduction to allocation of
capital over time, capital <SPAN class=grame>budgeting
,</SPAN> financial management and other topics, using basic
mathematical models.<I> Tuesday-Thursday,
19.00-22.00.</I> <I><A
href="../WINDOWS/Application Data/Microsoft/Word/faculty.htm#Kontor">Konstantin
Kontor</A></I></SPAN></B><SPAN
style="COLOR: #3366ff"><o:p></o:p></SPAN></FONT></P>
<P class=MsoNormal
style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: justify; tab-stops: list .5in"><SPAN
style="COLOR: #3366ff"><FONT
face="Times New Roman"> <o:p></o:p></FONT></SPAN></P>
<P class=MsoNormal
style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: justify; tab-stops: list .5in"><B><SPAN
style="FONT-SIZE: 10pt; COLOR: black; FONT-FAMILY: Symbol"><SPAN
style="mso-spacerun: yes"> </SPAN><SPAN
style="mso-spacerun: yes"> </SPAN><SPAN
style="mso-spacerun: yes"> </SPAN><SPAN
style="mso-spacerun: yes"> </SPAN><SPAN
style="mso-spacerun: yes"> </SPAN><SPAN
style="mso-spacerun: yes"> </SPAN><SPAN
style="mso-spacerun: yes"> </SPAN></SPAN></B><FONT
face="Times New Roman"><B
style="mso-bidi-font-weight: normal"><U><SPAN
style="FONT-SIZE: 10pt; COLOR: blue; mso-bidi-font-style: italic">Negotiations
and Dispute Resolution</SPAN></U></B><B><I><U><SPAN
style="FONT-SIZE: 10pt; COLOR: black">:
</SPAN></U></I></B><B><SPAN
style="FONT-SIZE: 10pt; COLOR: black"><SPAN
style="mso-spacerun: yes"> </SPAN>This course covers the
theoretical and practical aspects of negotiations and
includes many case studies and
exercises. </SPAN></B><B><SPAN
style="FONT-SIZE: 10pt; COLOR: black"> <EM>Monday-Wednesday,
19.00-22.00.</EM> <I><A
href="../WINDOWS/Application Data/Microsoft/Word/faculty.htm#Kontor">Vladimir
Lissniak</A></I></SPAN></B><SPAN
style="COLOR: #3366ff"><o:p></o:p></SPAN></FONT></P>
<P class=MsoNormal
style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: justify; tab-stops: list .5in"><B><SPAN
style="FONT-SIZE: 10pt; COLOR: black"><A
href="../WINDOWS/Application Data/Microsoft/Word/market.htm"></A></SPAN></B><SPAN
style="COLOR: #3366ff"><FONT
face="Times New Roman"> <o:p></o:p></FONT></SPAN></P>
<P class=MsoNormal
style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: justify; tab-stops: list .5in"><FONT
face="Times New Roman"><EM><SPAN
style="FONT-SIZE: 10pt; COLOR: black"> </SPAN></EM><STRONG><I><SPAN
style="FONT-SIZE: 10pt; COLOR: black"> </SPAN></I></STRONG><STRONG><SPAN
style="FONT-SIZE: 10pt; COLOR: black"> <A
href="../WINDOWS/Application Data/Microsoft/Word/manact.htm">Managerial
Accounting</A></SPAN></STRONG><EM><B><SPAN
style="FONT-SIZE: 10pt; COLOR: black">
</SPAN></B></EM><STRONG><SPAN
style="FONT-SIZE: 10pt; COLOR: black">Accounting for costs
with applications to managerial
decision
making. This course reviews such issues as Cost Allocation,
Activity Based Costing, Budgeting, Standard Costing, Just in
Time Inventory and many other topics.
</SPAN></STRONG><EM><B><SPAN
style="FONT-SIZE: 10pt; COLOR: black">Tuesday-Thursday,
19.00-22.00. </SPAN></B></EM><STRONG><SPAN
style="FONT-SIZE: 10pt; COLOR: black"><A
href="../WINDOWS/Application Data/Microsoft/Word/faculty.htm#Franczek"><EM>Arthur
Franczek</EM></A></SPAN></STRONG><EM><SPAN
style="FONT-SIZE: 10pt; COLOR: black"> </SPAN></EM><SPAN
style="FONT-SIZE: 10pt; COLOR: black"> </SPAN><SPAN
style="COLOR: #3366ff"><o:p></o:p></SPAN></FONT></P>
<P class=MsoNormal
style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: justify; tab-stops: list .5in"><SPAN
style="COLOR: #3366ff"><FONT
face="Times New Roman"> <o:p></o:p></FONT></SPAN></P>
<P class=MsoNormal
style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: justify; tab-stops: list .5in"><FONT
face="Times New Roman"><EM><B><U><SPAN
style="FONT-SIZE: 10pt; COLOR: blue; mso-bidi-font-size: 12.0pt">Sales
Management: </SPAN></U></B></EM><STRONG><SPAN
style="FONT-SIZE: 10pt; COLOR: black">This course
</SPAN></STRONG></FONT><STRONG><SPAN
style="FONT-SIZE: 10pt; COLOR: black; FONT-FAMILY: Tahoma; mso-bidi-font-size: 12.0pt">covers
both theoretical and practical aspects of sales management,
including topics such as sales forecasting, demand
forecasting, types of sales and other sales issues. It is
planned that this course will have some highly qualified guest
speakers on this topic.</SPAN></STRONG><STRONG><SPAN
style="FONT-SIZE: 10pt; COLOR: black"><FONT
face="Times New Roman"> </FONT></SPAN></STRONG><STRONG><SPAN
style="FONT-SIZE: 10pt; COLOR: black; FONT-FAMILY: Tahoma">Monday-Wednesday</SPAN></STRONG><FONT
face="Times New Roman"><EM><B><U><SPAN
style="FONT-SIZE: 10pt; COLOR: black">
</SPAN></U></B></EM><st1:time Minute="0"
Hour="19"><STRONG><I><U><SPAN
style="FONT-SIZE: 10pt; COLOR: black; mso-bidi-font-size: 12.0pt">7
pm to 10
pm</SPAN></U></I></STRONG></st1:time><STRONG><I><U><SPAN
style="FONT-SIZE: 10pt; COLOR: black; mso-bidi-font-size: 12.0pt">,
Tom Nastas, Professor.</SPAN></U></I></STRONG><EM><SPAN
style="FONT-SIZE: 10pt; COLOR: black">
<o:p></o:p></SPAN></EM></FONT></P>
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style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: justify; tab-stops: list .5in"><SPAN
style="COLOR: #3366ff"><FONT
face="Times New Roman"> <o:p></o:p></FONT></SPAN></P>
<P class=MsoNormal
style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: justify; tab-stops: list .5in"><FONT
face="Times New Roman"><SPAN
style="FONT-SIZE: 10pt; COLOR: black">
</SPAN><SPAN
style="COLOR: #3366ff"><o:p></o:p></SPAN></FONT></P>
<P class=MsoNormal
style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: justify; tab-stops: list .5in"><FONT
face="Times New Roman"><EM><B><SPAN
style="COLOR: #3366ff"> </SPAN></B></EM><STRONG><SPAN
style="COLOR: #333399">
</SPAN></STRONG><B style="mso-bidi-font-weight: normal"><SPAN
style="FONT-SIZE: 11pt; COLOR: #333399">For more
information:<o:p></o:p></SPAN></B></FONT></P>
<P class=MsoNormal
style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center; mso-margin-top-alt: auto; mso-margin-bottom-alt: auto"
align=center><B style="mso-bidi-font-weight: normal"><SPAN
style="FONT-SIZE: 11pt; COLOR: #333399"><FONT
face="Times New Roman">call at 438-1439, 438-0830; </FONT><A
href="http://www.aibec.org/"><FONT
face="Times New Roman">www.aibec.org</FONT></A><FONT
face="Times New Roman">;
aibec@aibec.org</FONT></SPAN></B><SPAN
style="COLOR: #333399"><o:p></o:p></SPAN></P></TD></TR></TBODY></TABLE>
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style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: justify; mso-margin-top-alt: auto; mso-margin-bottom-alt: auto"><B><SPAN
style="COLOR: #333399"><FONT
face="Times New Roman"> <o:p></o:p></FONT></SPAN></B></P>
<P class=MsoNormal
style="MARGIN: 0in 0in 0pt; mso-margin-top-alt: auto; mso-margin-bottom-alt: auto"><SPAN
style="COLOR: #333399"><o:p><FONT
face="Times New Roman"> </FONT></o:p></SPAN></P></TD></TR></TBODY></TABLE>
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align=center><B><SPAN style="COLOR: #333399"><o:p><FONT
face="Times New Roman"></FONT></o:p></SPAN></B></P></TD></TR></TBODY></TABLE>
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size=3> </FONT></o:p></SPAN></P>
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