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<DIV style="FONT: 10pt arial"> </DIV>
<DIV><FONT face=Arial size=2>DEAR AIBECERS:</FONT></DIV>
<DIV><FONT face=Arial size=2></FONT> </DIV>
<DIV><FONT face=Arial size=2>IT WOULD BE GREATLY APPRECIATED IF YOU COULD
REGISTER AS EARLY AS POSSIBLE FOR FALL CLASSES. THIS IS IMPORTANT SO THAT
AIBEC CAN PREPARE THE CLASS MATERIALS IN TIME FOR THE FIRST SESSION. YOU CAN
REGISTER ONLINE OR BY FAX BY GOING TO AIBEC'S WEBSITE <A
href="http://www.aibec.org">www.aibec.org</A>. Also AIBEc's office
will be open on Sept 3rd and 10th FOR REGISTRATION. IN ADDITION BEGINNING SEPT.
5TH AIBEC'S OFFICE WILL BE OPEN UNTIL 9PM EVERY EVENING.</FONT></DIV>
<DIV style="FONT: 10pt arial"> </DIV>
<DIV><BR></DIV>
<DIV><FONT face=Arial size=2>DEAR AIBECERS:</FONT></DIV>
<DIV><FONT face=Arial size=2></FONT> </DIV>
<DIV><FONT face=Arial size=2>THERE HAS BEEN A SLIGHT CHANGE IN THE FALL 2005
AIBEC SCHEDULE. TAXATION WILL BE AT 1PM ON SATURDAYS RATHER THAT
9PM.</FONT></DIV>
<DIV style="FONT: 10pt arial"><BR> </DIV>
<DIV><FONT face=Arial size=2></FONT><BR> </DIV>
<DIV><FONT face=Arial size=2>DEAR AIBECERS:</FONT></DIV>
<DIV><FONT face=Arial size=2></FONT> </DIV>
<DIV><FONT face=Arial size=2>ENCLOSED IS THE FALL 2005 SCHEDULE OF AIBEC
CLASSES(SCROLL DOWN TO SEE ALL COURSES). THE FIRST DAY OF CLASS IS <U>MONDAY
SEPTEMBER 12, 2005.</U> I WOULD LIKE TO POINT OUT A COUPLE OF NEW CLASSES THAT
WILL BE OFFERED AT AIBEC:</FONT></DIV>
<DIV><FONT face=Arial size=2></FONT> </DIV>
<DIV><FONT face=Arial size=2>1) <U>MARKETING RESEARCH</U> WILL BE TAUGHT BY
GREGORY TROUSSOV. MR TROUSSOV IS PRESIDENT OF "KONTAKT -EXPERT" CONSULTING
COMPANY IN MOSCOW. THIS FIRM SPECIALISES IN MARKETING RESEARCH AND STRATEGIC
ISSUES. MR TROUSSOV HAS EXTENSIVE EXPERIENCE IN APPLYING MARKETING RESEARCH
CONCEPTS TO RUSSIAN COMPANIES.</FONT></DIV>
<DIV><FONT face=Arial size=2></FONT> </DIV>
<DIV><FONT face=Arial size=2>MR. TROUSSOV HAS AN MBA FROM THE UNIVERSITY OF
COLORADO AND HAS LIVED IN THE US FOR 7 YEARS. HE HAS TAUGHT MARKETING AT THE
ECONOMICS ACADEMY IN MOSCOW AND HAS WRITTEN A BOOK ON MARKETING AS IT APPLIES TO
DEVELOPING COUNTRIES THAT WILL BE PUBLISHED IN THE NEAR FUTURE.</FONT></DIV>
<DIV><FONT face=Arial size=2></FONT> </DIV>
<DIV><FONT face=Arial size=2>2)<U> INFORMATION TECHNOLGIES</U> WILL BE TAUGHT BY
ELENA SETTLES Phd. ELENA HAS A Phd FROM THE UNIVERSITY OF DELAWARE AND HER
DOCTORAL DISSERTATION WAS ON INFORMATION TECHNOLOGY IN RUSSIA AND IS ENTITLED
RUSSIA IN THE ELECTRONIC WORLD: A MULTILEVEL PATTERN ANALYSIS OF INFORMATION
TECHNOLOGY PRESENCE, DISTRIBUTION, ACCESS AND DEVELOPMENT.</FONT></DIV>
<DIV><FONT face=Arial size=2></FONT> </DIV>
<DIV><FONT face=Arial size=2>DR SETTLES HAS PUBLISHES SEVERAL ARTICLES ON THE
RUSSIAN IT INDUSTRY AND SHE HAS GIVEN PRESENTATIONS ON THIS TOPIC TO
PROFESSIONAL GROUPS. SHE ALSO HAS EXPERIENCE IN TEACHING AT THE UNIVERSITY
OF DELAWARE. ELENA CURRENTLY WORKS AS AN IT CONSULTANT.</FONT></DIV>
<DIV><FONT face=Arial size=2></FONT> </DIV>
<DIV><FONT face=Arial size=2>THIS CLASS PROMISES TO BE MOST INTERESTING FOR
THOSE WHO HAVE IT EXPERIENCE AND THOSE STUDENTS WHO HAVE NO BACKROUND IN THIS
AREA. MANY CURRENT TOPIC WILL BE COVERED SUCH AS BLOGGING, HACKING, COMPUTER
VIRUSES, IPR AND MANY OTHER CURRENT ISSUES THAT ARE INTERESTING FOR
RUSSIAN/INTERNATIONAL BUSINESSES.</FONT></DIV>
<DIV><FONT face=Arial size=2></FONT> </DIV>
<DIV><FONT face=Arial size=2>AIBEC IS VERY PROUD OF ITS FALL 2005 SCHEDULE AND
BELIEVES THAT ALL OF ITS COURSES WILL HAVE PRACTICAL VALUE FOR ITS
STUDENTS.</FONT></DIV>
<DIV><FONT face=Arial size=2></FONT> </DIV>
<DIV><FONT face=Arial size=2>IF YOU HAVE ANY QUESTIONS PLEASE CONTACT ME (<A
href="mailto:artf@online.ru">artf@online.ru</A>) or LARISSA POTEMPKINA (<A
href="mailto:info.aibec@co.ru">info.aibec@co.ru</A>)</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><SPAN id=hbblock></DIV><LABEL
id=HbSession SessionId="1485301322"></LABEL>
<DIV><FONT face="Arial Cyr" size=2>
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<H3 style="TEXT-ALIGN: center" align=center><FONT size=4><FONT
face=Arial><FONT color=#ff0000><SPAN lang=EN-US
style="FONT-SIZE: 12pt; mso-ansi-language: EN-US">
<H3 style="TEXT-ALIGN: center" align=center><FONT size=5><FONT
color=#ff0000><SPAN lang=EN-US
style="FONT-SIZE: 12pt; mso-ansi-language: EN-US"><EM>Course
offerings, Fall Semester:<o:p></o:p></EM></SPAN></FONT></FONT></H3>
<H3 style="TEXT-ALIGN: center" align=center><FONT size=4><FONT
color=#ff0000><EM><SPAN lang=EN-US
style="FONT-SIZE: 12pt; mso-ansi-language: EN-US">September 12
- December 17, </SPAN><st1:date Month="8" Day="21" Year="2003"><SPAN
lang=EN-US
style="FONT-SIZE: 12pt; mso-ansi-language: EN-US">2005</SPAN></st1:date></EM></FONT></FONT></H3><SPAN
lang=EN-US style="FONT-SIZE: 10pt; mso-ansi-language: EN-US"><FONT
color=#000000><SPAN style="FONT-SIZE: 10pt"><SPAN lang=EN-US
style="mso-ansi-language: EN-US"><SPAN style="FONT-SIZE: 10pt">
<DIV class=MsoNormal
style="COLOR: #3366ff; TEXT-ALIGN: justify; mso-margin-top-alt: auto; mso-list: l0 level1 lfo1; tab-stops: list 36.0pt; mso-margin-bottom-alt: auto"
align=justify>
<P class=MsoNormal
style="MARGIN-BOTTOM: 12pt; MARGIN-LEFT: 35.7pt; TEXT-INDENT: -17.85pt; TEXT-ALIGN: justify; mso-margin-top-alt: auto; mso-list: l0 level1 lfo1; tab-stops: list 36.0pt"
align=center><SPAN lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt"><o:p><FONT
color=#000000><EM> </EM></FONT></P>
<P class=MsoNormal
style="MARGIN-LEFT: 18pt; TEXT-ALIGN: justify; mso-margin-top-alt: auto; mso-margin-bottom-alt: auto"><FONT
color=#000000><FONT color=#0000ff><B
style="mso-bidi-font-weight: normal"><U><SPAN lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt">Financial
Accounting:</SPAN></U></B></FONT><B
style="mso-bidi-font-weight: normal"><SPAN lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt"><FONT
color=#0000ff><SPAN style="mso-spacerun: yes"> </SPAN></FONT>This
course provides students with a thorough review of accounting issues of
importance to most organizations, such as Accrual Accounting, Bad Debts,
Inventories, Investments, Cash Flows and Ratio Analysis. US GAAP and IAS
concepts are emphasized<U>. Fridays </U></SPAN></B><U><st1:time Hour="19"
Minute="0"><B style="mso-bidi-font-weight: normal"><SPAN lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt">7pm
to 10pm</SPAN></B></st1:time><B style="mso-bidi-font-weight: normal"><SPAN
lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt">,
Art Franczek</SPAN></B></U><SPAN lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt"> <o:p></o:p></SPAN></FONT></P></o:p></SPAN>
<P class=MsoNormal
style="MARGIN-LEFT: 18pt; TEXT-ALIGN: justify; mso-margin-top-alt: auto; mso-margin-bottom-alt: auto"><FONT
color=#000000><FONT color=#0000ff><B
style="mso-bidi-font-weight: normal"><SPAN lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt"><U>Managerial
Accounting:</U></SPAN></B></FONT><SPAN lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt"><FONT
color=#0000ff> </FONT><B style="mso-bidi-font-weight: normal"><FONT
color=#0000ff><SPAN style="mso-spacerun: yes"> </SPAN></FONT>This
course provides students with a thorough review of most Managerial
Accounting issues of importance to many organizations such as Cost
Allocation, Activity Based Costing, Budgeting, Standard Costing, Just In
Time Inventory and many other topics. Wednesdays<U>
</U></B></SPAN><U><st1:time Hour="19" Minute="0"><B
style="mso-bidi-font-weight: normal"><SPAN lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt">7pm
to 10pm</SPAN></B></st1:time><B style="mso-bidi-font-weight: normal"><SPAN
lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt">,
Art Franczek </SPAN></B></U></FONT></P>
<P class=MsoNormal
style="MARGIN-LEFT: 18pt; TEXT-ALIGN: justify; mso-margin-top-alt: auto; mso-margin-bottom-alt: auto"><FONT
color=#000000><FONT color=#0000ff><B
style="mso-bidi-font-weight: normal"><SPAN lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt"><U>Comparative
Taxation: </U></SPAN></B></FONT><B
style="mso-bidi-font-weight: normal"><SPAN lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt">This
course provides students with a thorough review of tax systems of the
</SPAN></B><st1:country-region><st1:place><B
style="mso-bidi-font-weight: normal"><SPAN lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt">U.S.</SPAN></B></st1:place></st1:country-region><B
style="mso-bidi-font-weight: normal"><SPAN lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt">,
</SPAN></B><st1:country-region><st1:place><B
style="mso-bidi-font-weight: normal"><SPAN lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt">Russia</SPAN></B></st1:place></st1:country-region><B><SPAN
lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt">
and other countries. The latest Russian Tax Reforms are discussed along
with Offshore Tax Havens and many other current topics. <U>Saturdays
1pm to 4pm</U></SPAN><SPAN lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt"><U>,
Art Franczek</U></SPAN></B></FONT></P><FONT color=#000000><B
style="mso-bidi-font-weight: normal"><SPAN lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt">
<P class=MsoNormal
style="MARGIN-LEFT: 18pt; COLOR: #3366ff; TEXT-ALIGN: justify; mso-margin-top-alt: auto; mso-list: l0 level1 lfo1; tab-stops: list 36.0pt; mso-margin-bottom-alt: auto"
align=justify><FONT color=#000000><U><B
style="mso-bidi-font-weight: normal"><SPAN lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt"><FONT
color=#0000ff>Corporate Finance</FONT>:</SPAN></B></U><SPAN lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt"><U>
</U><B style="mso-bidi-font-weight: normal">This course is an introduction
to allocation of capital over time, capital budgeting, financial
management and other topics using basic mathematical models. This
course focuses upon the application of Corporate Finance issues in
Russia.<U> Tuesdays </U></B></SPAN><U><st1:time Hour="19"
Minute="0"><B style="mso-bidi-font-weight: normal"><SPAN lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt">7pm
to 10pm</SPAN></B></st1:time><B style="mso-bidi-font-weight: normal"><SPAN
lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt">,
Konstantin Kontor</SPAN></B></U></FONT></P></SPAN></B></FONT>
<P class=MsoNormal
style="MARGIN-LEFT: 18pt; TEXT-ALIGN: justify; mso-margin-top-alt: auto; mso-margin-bottom-alt: auto"><FONT
color=#000000><B style="mso-bidi-font-weight: normal"><U><SPAN lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt"><FONT
color=#0000ff>Takeovers, Restructuring and Corporate
Governance</FONT>:</SPAN></U></B><SPAN lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt">
<B style="mso-bidi-font-weight: normal">This course provides students with
an exploration of Takeovers, Mergers, Divestitures, including strategies
and empirical evidence, with examples drawn from International and Russian
experience. <U>Thursdays </U></B></SPAN><U><st1:time Hour="19"
Minute="0"><B style="mso-bidi-font-weight: normal"><SPAN lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt">7pm
to 10pm</SPAN></B></st1:time><B style="mso-bidi-font-weight: normal"><SPAN
lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt">,
Konstantin Kontor</SPAN></B></U></FONT></P>
<P class=MsoNormal
style="MARGIN-LEFT: 18pt; TEXT-ALIGN: justify; mso-margin-top-alt: auto; mso-margin-bottom-alt: auto"><FONT
color=#000000><FONT color=#0000ff><B
style="mso-bidi-font-weight: normal"><U><SPAN lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt">Principles
of Business Law: </SPAN></U></B></FONT><B
style="mso-bidi-font-weight: normal"><SPAN lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt">This
course will cover Origins and Theory of Law, Contract Law, Torts,
the Court System and Procedure, Evidence, Debtor-Creditor Law, Negotiable
Instruments and the Banking System, Property & Business Organizations.
As a survey course, each area will be touched on briefly. The course book
is based on American law, but where differences exist Russian law will be
explained. <U>Tuesdays, </U></SPAN></B><st1:time Hour="19"
Minute="0"><B style="mso-bidi-font-weight: normal"><U><SPAN lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt">7pm
to 10pm,</SPAN></U></B></st1:time><B
style="mso-bidi-font-weight: normal"><U><SPAN lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt">
Vladimir Lissniak </SPAN></U></B><SPAN lang=EN-US
style="mso-ansi-language: EN-US"><o:p></o:p></SPAN></FONT></P>
<P class=MsoNormal
style="MARGIN-LEFT: 18pt; TEXT-ALIGN: justify; mso-margin-top-alt: auto; mso-margin-bottom-alt: auto"><FONT
color=#000000><FONT color=#0000ff><B
style="mso-bidi-font-weight: normal"><U><SPAN lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt">Principles
of Marketing:</SPAN></U></B></FONT><SPAN lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt"><FONT
color=#0000ff> </FONT><B style="mso-bidi-font-weight: normal">This course
provides students with an overview of marketing in a modern international
business. The latest materials and case studies are used in this course.
<U>Mondays </U></B></SPAN><st1:time Hour="19" Minute="0"><B
style="mso-bidi-font-weight: normal"><U><SPAN lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt">7pm
to 10pm</SPAN></U></B></st1:time><B
style="mso-bidi-font-weight: normal"><U><SPAN lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt">,
Tom Nastas </SPAN></U></B></FONT></P>
<P class=MsoNormal
style="MARGIN-LEFT: 18pt; TEXT-ALIGN: justify; mso-margin-top-alt: auto; mso-margin-bottom-alt: auto"><FONT
color=#000000><FONT color=#0000ff><B
style="mso-bidi-font-weight: normal"><U><SPAN lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt">Business
Development Strategies (Entrepreneurship): </SPAN></U></B></FONT><B
style="mso-bidi-font-weight: normal"><SPAN lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt">This
course provides students with many cases involving the development of new
and continuing venture capital issues both in
</SPAN></B><st1:country-region><st1:place><B
style="mso-bidi-font-weight: normal"><SPAN lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt">Russia</SPAN></B></st1:place></st1:country-region><B
style="mso-bidi-font-weight: normal"><SPAN lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt">
and in other countries. Several leading business people will be guest
speakers for this course. <U>Wednesdays </U></SPAN></B><st1:time Hour="19"
Minute="0"><B style="mso-bidi-font-weight: normal"><U><SPAN lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt">7
pm to 10pm</SPAN></U></B></st1:time><B
style="mso-bidi-font-weight: normal"><U><SPAN lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt">,
Tom Nastas</SPAN></U></B><SPAN lang=EN-US
style="mso-ansi-language: EN-US"> <o:p></o:p></SPAN></FONT></P>
<P class=MsoNormal
style="MARGIN-LEFT: 18pt; TEXT-ALIGN: justify; mso-margin-top-alt: auto; mso-margin-bottom-alt: auto"><FONT
color=#000000><SPAN><STRONG><FONT color=#0000ff><U><FONT
color=#ff0000>NEW!</FONT> <SPAN lang=EN-US
style="FONT-SIZE: 10pt; COLOR: black; FONT-FAMILY: Arial; mso-ansi-language: EN-US; mso-bidi-font-weight: bold; mso-bidi-font-style: italic; mso-fareast-font-family: 'Times New Roman'; mso-fareast-language: RU; mso-bidi-language: AR-SA"><U><FONT
color=#0000ff>International Human Resource
Management</FONT> </U></SPAN></U></FONT>: <SPAN lang=EN-US
style="FONT-SIZE: 10pt; COLOR: black; FONT-FAMILY: Arial; mso-ansi-language: EN-US; mso-bidi-font-weight: bold; mso-bidi-font-style: italic; mso-fareast-font-family: 'Times New Roman'; mso-fareast-language: RU; mso-bidi-language: AR-SA">This
new course aims at presenting the Human Resource Management theories and
practices through a modern and international perspective for MBA students.
With support of international case studies from leading business schools,
the lectures will be interactive and fun and offer the students a broad
spectrum of examples to develop their knowledge in this field. Although
this course is designed for students with no prior knowledge of HRM,
people familiar with this area will however gain from the Cross-Cultural
insight distilled throughout the lectures. <U>MONDAYS </U></SPAN><st1:time
Hour="19" Minute="0"><SPAN lang=EN-US
style="FONT-SIZE: 10pt; COLOR: black; FONT-FAMILY: Arial; mso-ansi-language: EN-US; mso-bidi-font-weight: bold; mso-bidi-font-style: italic; mso-fareast-font-family: 'Times New Roman'; mso-fareast-language: RU; mso-bidi-language: AR-SA"><U>7pm
to 10pm</U></SPAN></st1:time></STRONG><SPAN lang=EN-US
style="FONT-SIZE: 10pt; COLOR: black; FONT-FAMILY: Arial; mso-ansi-language: EN-US; mso-bidi-font-weight: bold; mso-bidi-font-style: italic; mso-fareast-font-family: 'Times New Roman'; mso-fareast-language: RU; mso-bidi-language: AR-SA"><U><STRONG>,
Jerome Dumetz</STRONG> </U></SPAN></SPAN></FONT></P>
<P class=MsoNormal
style="MARGIN-LEFT: 18pt; TEXT-ALIGN: justify; mso-margin-top-alt: auto; mso-margin-bottom-alt: auto"><FONT
color=#000000><SPAN><SPAN lang=EN-US
style="FONT-SIZE: 10pt; COLOR: black; FONT-FAMILY: Arial; mso-ansi-language: EN-US; mso-bidi-font-weight: bold; mso-bidi-font-style: italic; mso-fareast-font-family: 'Times New Roman'; mso-fareast-language: RU; mso-bidi-language: AR-SA"></SPAN></SPAN></FONT><FONT
color=#000000><FONT color=#0000ff><SPAN lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt"><STRONG><SPAN
lang=EN-US
style="FONT-SIZE: 10pt; COLOR: black; FONT-FAMILY: Arial; mso-ansi-language: EN-US; mso-bidi-font-style: italic; mso-fareast-font-family: 'Times New Roman'; mso-fareast-language: RU; mso-bidi-language: AR-SA"><U><FONT
color=#0000ff><FONT color=#ff0000>NEW!</FONT> Marketing
Research</FONT><FONT color=#000000> :</FONT></U> This is a new
course at AIBEc that will focus upon the application of International
Marketing Research methods in a Russian business environment. <U>THURSDAYS
7pm to 10pm Gregory Troussov,
Professor</U></SPAN></STRONG></SPAN></FONT></FONT></P>
<P class=MsoNormal
style="MARGIN-LEFT: 18pt; TEXT-ALIGN: justify; mso-margin-top-alt: auto; mso-margin-bottom-alt: auto"><FONT
color=#000000><U><FONT color=#0000ff>Information Technology</FONT>:</U>
This course is called GLOBAL INNOVATIONS IN INFORMATION TECHNOLOGY
SOLUTIONS. Some of the topics covered are Outsourcing, Intellectual
Property rights, Hacking, Blogging and many other issues relating to the
application of IT in an International/Russian Business
Environment.<U>SATURDAYS 10am to 1pm. Elena Settles Phd,
Professor.</U></FONT></P>
<P class=MsoNormal
style="MARGIN-LEFT: 18pt; TEXT-ALIGN: justify; mso-margin-top-alt: auto; mso-margin-bottom-alt: auto"><FONT
color=#000000></FONT></SPAN></SPAN></SPAN></FONT></SPAN><SPAN lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US"><FONT
color=#000000><SPAN style="FONT-SIZE: 10pt"><SPAN lang=EN-US
style="mso-ansi-language: EN-US"><SPAN
style="FONT-SIZE: 10pt"></SPAN></SPAN></SPAN></FONT></SPAN> </P></DIV>
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style="COLOR: #3366ff; TEXT-ALIGN: justify; mso-margin-top-alt: auto; mso-list: l0 level1 lfo1; tab-stops: list 36.0pt; mso-margin-bottom-alt: auto"
align=center><SPAN lang=EN-US
style="mso-ansi-language: EN-US"><STRONG> <FONT
color=#333399> </FONT></STRONG></SPAN><B
style="mso-bidi-font-weight: normal"><SPAN lang=EN-US
style="FONT-SIZE: 11pt; COLOR: #333399; mso-ansi-language: EN-US">For more
information:<o:p></o:p></SPAN></B></DIV>
<P class=MsoNormal style="TEXT-ALIGN: center" align=center><B
style="mso-bidi-font-weight: normal"><SPAN lang=EN-US
style="FONT-SIZE: 11pt; COLOR: #333399; mso-ansi-language: EN-US">call at
438-1439, website: <A
href="http://www.aibec.org/">www.aibec.org</A>; e-mail
;info.aibec@co.ru</SPAN></B></P></SPAN></FONT></FONT></FONT></H3><SPAN
lang=EN-US style="FONT-SIZE: 10pt; mso-ansi-language: EN-US"><FONT
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align=center><SPAN lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt"><o:p><FONT
color=#000000> </FONT></P>
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align=justify><FONT color=#333399
size=3></FONT></o:p></SPAN></SPAN></SPAN></SPAN></FONT></SPAN><B
style="mso-bidi-font-weight: normal"><SPAN lang=EN-US
style="FONT-SIZE: 11pt; COLOR: #333399; mso-ansi-language: EN-US"></SPAN></B><SPAN
lang=EN-US
style="COLOR: #333399; mso-ansi-language: EN-US"><o:p></o:p></SPAN> </P></TD></TR></TBODY></TABLE>
<P class=MsoNormal style="TEXT-ALIGN: justify"><B><SPAN lang=EN-US
style="COLOR: #333399; mso-ansi-language: EN-US"> <o:p></o:p></SPAN></B></P>
<P class=MsoNormal><SPAN lang=EN-US
style="COLOR: #333399; mso-ansi-language: EN-US"><o:p> </o:p></SPAN></P></FONT></DIV>
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<P></P><FONT color=#333399 size=2> </FONT><BR>
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