<!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN">
<HTML xmlns:o = "urn:schemas-microsoft-com:office:office" xmlns:st1 =
"urn:schemas-microsoft-com:office:smarttags"><HEAD>
<META http-equiv=Content-Type content="text/html; charset=koi8-r">
<META content="MSHTML 6.00.2900.2963" name=GENERATOR>
<STYLE></STYLE>
</HEAD>
<BODY style="COLOR: #000000; FONT-FAMILY: Arial Cyr" bgColor=#ffffff>
<DIV><FONT face=Arial size=2></FONT> </DIV>
<DIV style="FONT: 10pt arial">
<DIV> </DIV></DIV>
<DIV><BR></DIV>
<DIV><FONT face=Arial size=2>
<DIV><FONT face=Arial size=2></FONT><BR></DIV>
<DIV><FONT face=Arial size=2></FONT> </DIV>
<DIV style="FONT: 10pt arial">
<DIV><FONT face=Arial size=2>Dear AIBEcers:</FONT></DIV></DIV>
<DIV><FONT face=Arial size=2></FONT> </DIV>
<DIV><FONT face=Arial size=2>Registration is currently open for AIBEc's Spring
2007schedule that begins on Monday Jan. 15th 2007 In an effort to meet the ever
changing Russian environment AIBEc is offering some new and updated courses this
semester:</FONT></DIV>
<DIV> </DIV>
<DIV>- PLEASE NOTE A COUPLE OF CHANGES: INFORMATION TECHNOLOGIES WILL NOT BE
OFFERED IN THE SPRING 2007 SEMESTER, MANAGING PEOPLE IN ORGANIZATIONS WILL BE
TAUGHT ON MONDAYS BY GERGORY TROUSAV. MR TROUSAV HAS EXTENSIVE CONSULTING AND
TRAINING EXPERIENCE IN ORGANIZATIONAL BEHAVIOR AND HIS COURSE WILL BE INNOVATIVE
AND USEFUL.</DIV>
<DIV>ALSO A NEW COURSE IN BUSINESS PSYCHOLOGY WILL BE TAUGHT BY DR. MIKKHALKOVA.
</DIV>
<DIV><FONT face=Arial size=2></FONT> </DIV>
<DIV><FONT face=Arial size=2>-Comparative/Advanced Accounting will place a
special emphasis on Valuation issues that impact many areas of business and also
issues concerning International Accounting Standards. PLEASE NOTE THAT THOSE
STUDENTS WHOHAVE TAKEN FINANCIAL ACCOUNTING CAN TAKE THIS COURSE. ALSO IN THIS
COURSE AS IN OTHER ACCOUNTING COURSES CASES ON COMPANIES THAT AIBEC STUDENTS
WORK FOR WILL BE USED SUCH AS COCA COLA, HEWLETT PACKARD AND
OTHERS.</FONT></DIV>
<DIV><FONT face=Arial size=2></FONT> </DIV>
<DIV><FONT face=Arial size=2>-Marketing Action will be taught by Vadim Gregorian
(AIBEc/INSEAD graduate), this course is esentially the same as Strategic
marketing and will cover many cutting edge Marketing techniques. This course was
very popular with students who felt that it was both creative and
practical.</FONT></DIV>
<DIV><FONT face=Arial size=2>.</FONT></DIV>
<DIV><FONT face=Arial size=2>- Strategic Management will again be taught by
Gerald Rohan who is a top expert at PWC and he has many years of practical
experience in the application of strategic issues.</FONT></DIV>
<DIV><FONT face=Arial size=2></FONT> </DIV>
<DIV><FONT face=Arial size=2>- Marketing Communication is a new course that
covers many issues of interest to Marketing professionals. Gregory Troussav
who has extensive experience in Public Relations, Advertising and Marketing
issues. Gregory's course on Marketing research was very popular with AIBEc
students.</FONT></DIV>
<DIV><FONT face=Arial size=2></FONT> </DIV>
<DIV><FONT face=Arial size=2> - Kostya Kontor will be teaching a course
entitled The Management of Change. This course will deal with many issues
companies face in an everchanging global environment.</FONT></DIV>
<DIV> </DIV>
<DIV>- A special new course in Real Estate will be taught by John Harrison who
has edited Real Estate journals in Russia and in China for many years and who
knows some of the leading players in Moscow real Estate who will be invited as
guest speakers for his course.</DIV>
<DIV><FONT face=Arial size=2></FONT> </DIV>
<DIV><FONT face=Arial size=2></FONT> </DIV>
<DIV><FONT face=Arial size=2></FONT> </DIV>
<DIV><FONT face=Arial size=2>AIBEc is proud of its Spring schedule and designed
its courses to provide students with useful and practical skills to advance
their careers.</FONT></DIV>
<DIV><FONT face=Arial size=2></FONT> </DIV>
<DIV><FONT face=Arial size=2>PLEASE REGISTER EARLY SO THAT MATERIALS CAN BE
PREPARED. ALSO PLEASE NOTE THAT YOU CAN REGISTER BY FAX.</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></FONT><BR></DIV></DIV><SPAN
id=hbblock>
<DIV><FONT face="Arial Cyr" size=2>
<TABLE class=MsoNormalTable
style="BACKGROUND: #ffffc0; WIDTH: 429.2pt; mso-cellspacing: 1.5pt; mso-padding-alt: 3.75pt 3.75pt 3.75pt 3.75pt"
cellPadding=0 width=572 border=0>
<TBODY>
<TR style="HEIGHT: 77.75pt; mso-yfti-irow: 0; mso-yfti-lastrow: yes">
<TD
style="PADDING-RIGHT: 3.75pt; PADDING-LEFT: 3.75pt; PADDING-BOTTOM: 3.75pt; WIDTH: 99.3%; PADDING-TOP: 3.75pt; HEIGHT: 77.75pt"
width="99%">
<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, Spring 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">January 15
- April 29, </SPAN><st1:date Year="2003" Day="21" Month="8"><SPAN
lang=EN-US
style="FONT-SIZE: 12pt; mso-ansi-language: EN-US">2007</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><U><SPAN lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt">Financial
Accounting:</SPAN></U></FONT><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><FONT color=#ff0000>Fridays
</FONT></U></SPAN></FONT><FONT color=#ff0000><U><st1:time Minute="0"
Hour="19"><SPAN lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt">7pm
to 10pm</SPAN></st1:time><SPAN lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt">,
Art Franczek</SPAN></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><SPAN lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt"><U>Managerial
Accounting:</U></SPAN></FONT><SPAN lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt"><FONT
color=#0000ff> </FONT><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. <U><FONT color=#ff0000>Tuesdays
</FONT></U></SPAN><U><st1:time Minute="0" Hour="19"><SPAN lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt"><FONT
color=#ff0000>7pm to 10pm</FONT></SPAN></st1:time><SPAN lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt"><FONT
color=#ff0000>, Art Franczek</FONT> </SPAN></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><SPAN lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt"><U><FONT
color=#ff0000>Updated!</FONT></U> <U>Comparative/Advanced Accounting</U>:
<FONT color=#000000>This course covers advanced topics such as Leasing,
Valuations, Consolidated Financial Statements, Foreign Currency
Transactions and Translation. Also Russia’s transition to IAS will be
discussed in detail as the professor has worked on a project with the
World Bank dealing with this issue. A special emphasis will be placed on
comparisons between GAAP and IAS. </FONT><FONT
color=#ff0000><U>Wednesdays </U></FONT></SPAN></FONT><SPAN lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt"><U><SPAN><FONT
color=#ff0000>7pm to 10pm, Art Franczek</FONT>
</SPAN></U></SPAN></FONT></P><FONT color=#000000><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><SPAN><U><FONT color=#0000ff>Corporate
Finance</FONT>:</U> 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><FONT
color=#ff0000>Thursdays </FONT></U></SPAN></FONT><FONT
color=#ff0000><U><st1:time Minute="0" Hour="19"><SPAN lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt">7pm
to 10pm</SPAN></st1:time><SPAN lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt">,
Konstantin Kontor</SPAN></U></FONT></P></SPAN></FONT>
<P class=MsoNormal
style="MARGIN-LEFT: 18pt; TEXT-ALIGN: justify; mso-margin-top-alt: auto; mso-margin-bottom-alt: auto"><FONT
color=#000000><SPAN lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt"><SPAN
style="FONT-SIZE: 12pt; FONT-FAMILY: Garamond; mso-ansi-language: EN-US; mso-bidi-font-size: 10.0pt; mso-fareast-font-family: 'Times New Roman'; mso-fareast-language: RU; mso-bidi-language: AR-SA; mso-bidi-font-family: 'Times New Roman'"><FONT
face=Arial size=2><U><FONT color=#ff0000>New:</FONT> <FONT
color=#0000ff>The Management of Change:</FONT></U> <SPAN>The creation of
corporate myths is most detrimental in the process of management of change
– cost cutting, restructuring, targeting new markets and introducing new
goods and services, and corporate mergers and acquisitions. </SPAN><SPAN
style="FONT-SIZE: 12pt; FONT-FAMILY: Garamond; mso-ansi-language: EN-US; mso-bidi-font-size: 10.0pt">The
primary goal of the Course is to provide the students with the better
understanding of the mentioned problems and to describe tools of
alleviating them. Of special importance will be the role of globalization
and the influence of capital markets, including financial institutions. As
a result, a much better communications basis could be established between
all stakeholders in the management process – both incumbents (company
owners, managers, strategic investors, employees) and externals (clients,
suppliers, competitors, investors, and the public at large.) <U><FONT
color=#ff0000>Saturdays 10am to 1pm, Konstantin
Kontor</FONT></U></SPAN></FONT></SPAN></SPAN></FONT><SPAN lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt"></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><SPAN lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt"><EM><U><FONT
color=#0000ff>International Finance and Risk Management</FONT><FONT
color=#000000>:</FONT></U></EM></SPAN></FONT></FONT><FONT
color=#000000><SPAN lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt">
<SPAN lang=EN-US
style="FONT-SIZE: 10pt; COLOR: black; FONT-FAMILY: Arial; mso-ansi-language: EN-US; mso-fareast-font-family: 'Times New Roman'; mso-fareast-language: EN-US; mso-bidi-language: AR-SA"><FONT
face=Tahoma>This course discusses the priciples of international finance
(economics of the international environment, purchasing power parity, and
sources of risk in the international financial markets) and the
theoretical background on which the practices of operation of the
international financial markets are
based. </FONT></SPAN></SPAN></FONT><FONT color=#ff0000><EM><U><SPAN
lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt">Tuesdays
</SPAN><st1:time Minute="0" Hour="19"><SPAN lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt">7
pm to 10 pm</SPAN></st1:time><SPAN lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt">,
Konstantin Kontor, Professor.</SPAN></U></EM></FONT></P>
<P class=MsoNormal
style="MARGIN-LEFT: 18pt; TEXT-ALIGN: justify; mso-margin-top-alt: auto; mso-margin-bottom-alt: auto"><U><FONT
color=#000000><FONT color=#0000ff>Principles of
Marketing</FONT>:</FONT></U></SPAN><FONT color=#000000><SPAN lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt">
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.<FONT color=#ff0000> <U>Mondays </U></FONT></SPAN><st1:time
Minute="0" Hour="19"><U><SPAN lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt"><FONT
color=#ff0000>7pm to 10pm</FONT></SPAN></U></st1:time><U><SPAN lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt"><FONT
color=#ff0000>, Tom Nastas</FONT> </SPAN></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><SPAN lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt"><U><FONT
color=#ff0000>Updated:</FONT>Marketing Action:</U> </SPAN></FONT><SPAN
lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt">This
course focuses on Brand Strategy and Implementation with an emphasis on
luxury goods. The professor for this course will be an AIBEc and INSEAD
graduate. <U><FONT color=#ff0000>Saturdays 1:30 pm to 4:30 pm
</FONT></U></SPAN><U><SPAN><FONT color=#ff0000>, Vadim</FONT> <FONT
color=#ff0000>Grigoryan</FONT> <o:p></o:p></SPAN></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><SPAN><FONT color=#0000ff><U><FONT
color=#ff0000>Updated:</FONT> Marketing Communications<SPAN
lang=EN-US
style="FONT-SIZE: 10pt; COLOR: black; FONT-FAMILY: Arial; mso-ansi-language: EN-US; mso-fareast-font-family: 'Times New Roman'; mso-fareast-language: RU; mso-bidi-language: AR-SA; mso-bidi-font-weight: bold; mso-bidi-font-style: italic"><U> </U></SPAN></U></FONT>:
<SPAN>This course examines topics such as Public Relations, Advertising
and Sales Negotiations. The course will be extremely interactive and a
significant portion of the class will be devoted to business games,
presentations and other training activities. <U><FONT
color=#ff0000>Wednesdays <SPAN lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt"><SPAN
lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt">7pm
to 10pm,</SPAN></SPAN></FONT></U><U><FONT color=#ff0000> Gregory</FONT>
<FONT color=#ff0000>Troussov/Elena
Malkova</FONT></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><FONT color=#0000ff><SPAN lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt"><SPAN
lang=EN-US
style="FONT-SIZE: 10pt; COLOR: black; FONT-FAMILY: Arial; mso-ansi-language: EN-US; mso-fareast-font-family: 'Times New Roman'; mso-fareast-language: RU; mso-bidi-language: AR-SA; mso-bidi-font-style: italic"><U><FONT
color=#0000ff><FONT color=#ff0000>Updated:</FONT> Strategic
Management</FONT><FONT color=#000000>:</FONT></U> Recent topics in
Strategy as they are applied internationally and in Russia will be
discussed. Many recent cases will be used and there will be a special
focus on implementation of strategies. <U><FONT
color=#ff0000>Thursdays 7pm to 10pm, Gerald
Rohan</FONT></U></SPAN></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><SPAN lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt"><U><FONT
color=#ff0000>NEW:</FONT> <FONT color=#0000ff>Commercial and Residential
Real Estate:</FONT> </U>This course will cover some major issues in Real
Estate such as Real Estate Development, Investment Analysis,Valuation
Techniques, Market Analysis, Logistics Market and more. The professor of
this course was the editor Commercial Real Estate magazine and has written
over 300 article on Russian Real Estate. It is planned that leading Real
Estate business people will be guest speakers.<U> <FONT
color=#ff0000>Fridays 7-10pm, Sat 10am, John Harrison
professor.</FONT></U></SPAN></FONT></SPAN></SPAN></SPAN></FONT></SPAN></P></DIV>
<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=center><SPAN><FONT color=#ff0000><U> <FONT
size=2> <FONT color=#0000ff>Managing People in
Organizations</FONT><FONT color=#000000>:</FONT></FONT></U><FONT
size=2><FONT color=#000000> This course provides students with the
application of Social Sciences to problems of managing individuals and the
teams in large and small businesses. </FONT><U><FONT color=#ff0000>Mondays
<st1:time Minute="0" Hour="19"><SPAN lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt">7pm
to 10pm</SPAN></st1:time><SPAN lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt">,
Gregory Trousav</SPAN></FONT></U></FONT></FONT></SPAN></DIV>
<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=center><SPAN><FONT color=#ff0000><FONT size=2><U><FONT
color=#ff0000><SPAN lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt"></SPAN></FONT></U></FONT></FONT></SPAN> </DIV>
<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=center><SPAN><FONT color=#ff0000><FONT size=2><FONT
color=#ff0000><SPAN lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt">
<P class=MsoNormal style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: justify"><B
style="mso-bidi-font-weight: normal"><SPAN lang=RU
style="FONT-SIZE: 10pt; COLOR: red"><o:p><SPAN
style="TEXT-DECORATION: none"><U><FONT
face="Times New Roman"> </FONT></U></SPAN></o:p></SPAN></B></P>
<P class=MsoNormal style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: justify"><FONT
face="Times New Roman"><B style="mso-bidi-font-weight: normal"><SPAN
style="FONT-SIZE: 10pt; COLOR: red; mso-ansi-language: EN-US"><U>New!</U></SPAN></B><B><SPAN
style="FONT-SIZE: 10pt; COLOR: red; mso-ansi-language: EN-US">
</SPAN><SPAN
style="FONT-SIZE: 10pt; COLOR: blue; mso-ansi-language: EN-US"><U>Business
Psychology:</U></SPAN></B><B style="mso-bidi-font-weight: normal"><SPAN
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US"><FONT color=#000000>
This course examines the manifestations and roots of the irrational, both
positive and destructive, processes in corporations. Of particular
interest are be the ideas and particular tools for better understanding
and unconscious needs and emotional reasoning that usually stay shadowed
and unspoken. Numerous examples of irrational decision making, specific
leadership styles, teamwork impasses are analyzed in terms of general
theory. <o:p></o:p></FONT></SPAN></B></FONT></P>
<P class=MsoNormal
style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: justify"><U><FONT
face="Times New Roman"><B style="mso-bidi-font-weight: normal"><SPAN
style="FONT-SIZE: 10pt; COLOR: red; mso-ansi-language: EN-US">Fridays
</SPAN></B><st1:time Minute="0" Hour="19"><B
style="mso-bidi-font-weight: normal"><SPAN
style="FONT-SIZE: 10pt; COLOR: red; mso-ansi-language: EN-US">7 pm to 10
pm</SPAN></B></st1:time><B style="mso-bidi-font-weight: normal"><SPAN
style="FONT-SIZE: 10pt; COLOR: red; mso-ansi-language: EN-US">, Ekaterina
Mikkhalkova,
Professor.<o:p></o:p></SPAN></B></FONT></U></P></SPAN></FONT></FONT></FONT></SPAN></DIV>
<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=center><SPAN><FONT color=#ff0000></FONT></SPAN> </DIV>
<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=center><SPAN><FONT
color=#ff0000> For
more information:<o:p></o:p></FONT></SPAN></DIV>
<P class=MsoNormal style="TEXT-ALIGN: center" align=center><SPAN
lang=EN-US
style="FONT-SIZE: 11pt; COLOR: #333399; mso-ansi-language: EN-US"><FONT
color=#ff0000>call at 438-1439, website: </FONT><A
href="http://www.aibec.org/"><FONT
color=#ff0000>www.aibec.org</FONT></A><FONT color=#ff0000>; e-mail
;info.aibec@co.ru</FONT></SPAN></P></SPAN></FONT></FONT></FONT></H3><SPAN
lang=EN-US style="FONT-SIZE: 10pt; mso-ansi-language: EN-US"><SPAN
style="FONT-SIZE: 10pt"><SPAN lang=EN-US
style="mso-ansi-language: EN-US"><SPAN style="FONT-SIZE: 10pt">
<P class=MsoNormal
style="MARGIN-BOTTOM: 12pt; MARGIN-LEFT: 35.7pt; COLOR: #3366ff; TEXT-INDENT: -17.85pt; 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="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt"><o:p><FONT
color=#ff0000><U> </U></FONT></P>
<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
size=3></FONT></o:p></SPAN></SPAN></SPAN></SPAN></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><FONT
color=#ff0000><U> </U></FONT></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"> </SPAN></B><SPAN
lang=EN-US style="COLOR: #333399; mso-ansi-language: EN-US"><o:p><FONT
face=Arial size=2><B style="mso-bidi-font-weight: normal"><I><SPAN lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt"><U>Art
Franczek</U></SPAN></I></B><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><B style="mso-bidi-font-weight: normal"><SPAN
style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"><A
href="mailto:artf@online.ru"><I style="mso-bidi-font-style: normal"><SPAN
lang=EN-US
style="mso-ansi-language: EN-US">artf@online.ru</SPAN></I></A></SPAN></B><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">,
373 6241): Art holds an MBA and MST from </SPAN></B><st1:place><st1:PlaceName><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">DePaul</SPAN></B></st1:PlaceName><SPAN
lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt">
</SPAN><st1:PlaceType><B><SPAN lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt">University</SPAN></B></st1:PlaceType></st1:place><B><SPAN
lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt">
and is a CPA. He has many years of experience as a Tax Manager for a major
international company. He has taught at AIBEc for 10 years and has taught
over 1500 Russian students. He is currently co-chair of the Customs Committee at
Am Cham and has been an active participant on the Tax Committee for 10
years. He has written many articles on Accounting/Tax issues and has recently
published a workbook on IAS Accounting and is currently working with The World
Bank on a project to convert Russian Accounting to
IAS.<o:p></o:p></SPAN></B></P>
<DIV>
<P class=MsoNormal style="TEXT-ALIGN: justify" align=justify><B><I><SPAN
lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt"><o:p> </o:p></SPAN></I></B><B><I><U><SPAN
lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt">Konstantin
Kontor</SPAN></U></I></B><B><SPAN lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt">
(</SPAN></B><B><SPAN style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"><A
href="mailto:kkontor@kkp-partners.ru"><EM><SPAN lang=EN-US
style="mso-ansi-language: EN-US">kkontor@kkp-partners.ru</SPAN></EM></A></SPAN></B><B><SPAN
lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt"><EM>):
</EM>Kostya holds an MBA from UCLA (a top ranked MBA Program) and has worked for
several years as the director of research for RINACO Plus, a major
</SPAN></B><st1:City><st1:place><B><SPAN lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt">Moscow</SPAN></B></st1:place></st1:City><B><SPAN
lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt">
brokerage firm. He is one of the first students to graduate from AIBEc in 1992
and has taught finance at AIBEc since 1994. Kostya is also the managing director
at KKP Partners and a professor of Financial Strategy at the Stockholm School of
Economics in Riga.</SPAN></B></P>
<P class=MsoNormal style="TEXT-ALIGN: justify"><EM><B><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><B><SPAN lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt">
(</SPAN></B><B><SPAN style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"><A
href="mailto:tom@online.ru"><SPAN lang=EN-US
style="mso-ansi-language: EN-US">tom@online.ru</SPAN></A></SPAN></B></EM><B><SPAN
lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt">):
Tom holds an MBA from </SPAN></B><st1:place><st1:PlaceName><B><SPAN lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt">Michigan</SPAN></B></st1:PlaceName><B><SPAN
lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt">
</SPAN></B><st1:PlaceType><B><SPAN lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt">State</SPAN></B></st1:PlaceType></st1:place><B><SPAN
lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt"> (
a top ranked MBA Program). He has many years of experience a Venture Capitalist
in </SPAN></B><st1:country-region><st1:place><B><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 emerging markets. He has several years of experience teaching
marketing at </SPAN></B><st1:place><st1:PlaceName><B><SPAN lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt">Michigan</SPAN></B></st1:PlaceName><B><SPAN
lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt">
</SPAN></B><st1:PlaceType><B><SPAN lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt">State</SPAN></B></st1:PlaceType><B><SPAN
lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt">
</SPAN></B><st1:PlaceType><B><SPAN lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt">University</SPAN></B></st1:PlaceType></st1:place><B><SPAN
lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt">.<o:p></o:p></SPAN></B></P>
<P class=MsoNormal style="TEXT-ALIGN: justify"><SPAN lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt"><o:p><SPAN><EM></EM><SPAN
lang=EN-US style="FONT-SIZE: 10pt; mso-ansi-language: EN-US"><SPAN lang=EN-US
style="mso-ansi-language: EN-US"><FONT face=Tahoma><FONT
face=Arial><STRONG><U></U></STRONG></FONT></P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 0pt" align=justify><STRONG><FONT
color=#000080><SPAN><U><EM>Gerald Rohan:</EM> </U><SPAN
style="mso-spacerun: yes"> </SPAN>Gerald is an American who has extensive
experience with Price Waterhouse Coopers. He is currently the Director of Global
Energy and Mining at PWC and he is the co-chair of he Energy committee at Am
Cham. He has taught at The </SPAN><st1:place><st1:PlaceName><SPAN lang=EN-US
style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt; mso-bidi-font-style: italic">Plekhanov</SPAN></st1:PlaceName><SPAN
lang=EN-US
style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt; mso-bidi-font-style: italic">
</SPAN><st1:PlaceType><SPAN lang=EN-US
style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt; mso-bidi-font-style: italic">Academy</SPAN></st1:PlaceType></st1:place><SPAN>
for several years.<EM><U> </U></EM><o:p></o:p></SPAN></FONT></STRONG></P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 0pt"><FONT
face="Times New Roman"><SPAN lang=EN-US
style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt; mso-bidi-font-style: italic"></SPAN></FONT> </P>
<P class=MsoNormal style="MARGIN: 0cm 0cm 0pt"
align=justify><EM><SPAN><STRONG><U>Vadim Grigorian:</U> Vadim holds a CBS from
AIBEc and an MBA from INSEAD. He has extensive experience in marketing and is
currently the marketing director for Pernod Ricard Rouss. He has written several
business cases for INSEAD and one his cases ie Diesal has won awards for the
most popular marketing case in
Europe.</STRONG></SPAN></EM></P></FONT></SPAN></SPAN></SPAN></o:p></SPAN>
<P class=MsoNormal style="TEXT-ALIGN: justify"><B><SPAN lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt"><o:p><B><SPAN
lang=EN-US><U> </U></SPAN></B></o:p></SPAN></B><B><SPAN lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt"><o:p><B><SPAN
lang=EN-US><U>Gregory Troussov: (</U><A
href="mailto:troussov@expertkey.com">troussov@expertkey.com</A><U>):(</U><A
href="http://www.expertkey.com">www.expertkey.com</A><U>): </U>Gregory is the
president of "Kontakt-Expert" Consulting Company in Moscow, which provides
consulting services in the areas of strategy,marketing,performance management,
and personel development. Gregory holds an MBA from The University of Colorado
and has lived and worked in the US for several years. He has extensive
experience in applying Marketing Research Methodologies to Russian companies.
Also Gregory has taught marketing at the Economics Academy in Moscow. He has
recently written a book on Marketing in Developing Economies that will be
published soon.</SPAN></B></o:p></SPAN></B><B><SPAN lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt"><o:p><B><SPAN
lang=EN-US></P>
<P class=MsoNormal style="TEXT-ALIGN: justify"><B><SPAN lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt"><o:p><B><SPAN
lang=EN-US><EM><U> </U></EM><SPAN lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt"><o:p><SPAN><SPAN
lang=EN-US style="FONT-SIZE: 10pt; mso-ansi-language: EN-US"><SPAN lang=EN-US
style="mso-ansi-language: EN-US"><FONT face=Tahoma><FONT
face=Arial><STRONG><U>Ekaterina Mikhailova Phd</U> is a co-founder and a leading
counselor of the two affiliated training institutes: The personal Training
Center 'Klass" and Institute of Group and Family Psychotherapy and Psychology
(IGSPP). Since 1995 she has been teaching and training professionals both in the
fields of therapeeutic groupwork and interactive education. She is the author of
several books on various aspects of counseling, training coaching and
psychotherapy including "Vasilisa's Spindles" and the "Trifles of
Psychology"</STRONG></FONT></FONT></SPAN></SPAN></SPAN></o:p></SPAN></SPAN></B></o:p></SPAN></B></P>
<P class=MsoNormal style="TEXT-ALIGN: justify"><SPAN lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt"><o:p><SPAN><SPAN
lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US"><STRONG></STRONG></SPAN> <SPAN
lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt"><o:p><SPAN><SPAN
lang=EN-US
style="FONT-SIZE: 10pt; mso-ansi-language: EN-US; mso-bidi-font-size: 12.0pt"><o:p><SPAN><SPAN
lang=EN-US style="FONT-SIZE: 10pt; mso-ansi-language: EN-US"><SPAN lang=EN-US
style="mso-ansi-language: EN-US"><STRONG><U>John Harrison:</U> has worked in
Russia for 18 years in various positions. He was a correspondent for Britains
Daily Express, he operated his own firm daling with PR and media relations for
Western companies setting up business in Russia and he was an editor for
pulications such as Russia Review and Commercial Real Estate. He was a founder
of Passport magazine and until recently was its managing editor.Currently he is
the editor of a Commercial Real Estate Journal in China. He has written over 300
articles on Real Estate issues. He has a Masters degree in Russian studies from
Exeter
University.</STRONG></SPAN></SPAN></SPAN></o:p></SPAN></SPAN></o:p></SPAN></SPAN></o:p></SPAN></P></SPAN></B></o:p></SPAN></B></DIV></FONT></o:p></SPAN></FONT></DIV>
<P></P></SPAN>
<P></P>
<P></P>
<P></P><STRONG><FONT color=#333399
size=2> </FONT></STRONG><BR></BODY></HTML>