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    Graduation of the second cohort International MBA program took place on October, 27. President Alexander Mertens, lecturers and administration of IIB congratulated graduates with successful completion of the program. Graduates noted that program, besides fundamental knowledges and systemic vision gave them an impulse to growth and personal development. We sincerely wish our graduates new significant achievements and victories, because success of business school – it is success of its alumni.

Last week, on 17^th October 2007, 31 students of 7^th generation of ЕМВА 2007 program of International Institute of Business have started their studying.

According to the tradition, the program starts with the 3 day orientation strategic session outside of the Institute in Koncha Zaspa, picturesque surroundings of Kyiv neighborhood.

The orientation session was delivered by Gennadii Yushkin, business trainer, who has a great experience in the field of strategic planning, organizational development and financial management Students took part in business game, which imitates the real situation of company’s life with the regarding of current situation of market, competition, development of new types of production and other factors, which influence essentially on the activity of real business. Such approach allows audience not only to enhance additional practical skills of making decisions they face in everyday management practice, but also to get better acquainted with each other.

11th October in Kyiv in third times will take place a great event in business education field - QS World MBA Tour fair. IIB will present two programs: Executive MBA and International MBA, both accredited by Association of MBAs. Participation in QS World MBA Tour grant a opportunity to you obtain latest information about modern business-education trends, to meet with MBA students, representatives of business schools and admission commissions.

QS World MBA Tour fair will take place 11th October, in a hotel "Kiyvska Rus" from 17:00 till 21:00.

Master Class Outline:

"Getting Value from Marketing - How Marketing Expenditure Increases Shareholder Value". The master class will link the activities of Strategic Marketing with the creation of shareholder value with

particular reference to brands and communication.

On February 20, 2007 accreditation of the Executive MBA (EMBA) and the International MBA (IMBA), offered by the International Institute of Business, were endorsed by the Association’s International Accreditation Advisory Board. With this IIB has successfully completed the accreditation process that continued for over a year and has become the first and the only one business school in Ukraine accredited by a leading accreditation body in the world.

On January 26, 37 new students of the PD and PPD CIM programs started their classes at the CIM Accredited Study Centre at IIB. The Ukraine’s only CIM Accredited Study Centre is now successfully operating in Ukraine for 10 years.

This year marketing people from chemical, telecom, banking, food processing, advertising and consulting industries participate in the CIM programs. They work for Reckitt Benckiser LLC, Astelit, Raiffeisen Bank Aval, Daewoo Electronics, HUDSON, Grey International, BAT, Arterium, Manzaro Global Ventures, MASMI, Ratiopharm, Аlcatel, Kyivstar, Ehrmann, etc.

Since 1997 nearly 400 marketers successfully accomplished their studies at IIB’s Accredited Study Centre. Now they are the driving force of the many domestic and multinational companies operating in Ukraine. All the CIM graduates are implementing best international business practices into their day-to-day activities and thus they provide for better integration of Ukraine’s business into global environment.

Dr. Alexander Mertens, the President of the IIB delivered his presentation at the "UKRAINE’S CHANGING PLACE IN THE GLOBAL ECONOMY" conference. The Conference was held within the First National Exhibition of Ukraine in Chicago (Ukraine).

Dr. Mertens’s presentation covered private equity and venture investments opportunities in Ukraine (Private Equity and Venture Capital Investments in Ukraine: Five Reasons to Consider and Five Remaining Problems to be Transformed into Opportunities).

IIB launches the contest for the best IMBA essay (Statement of Interest). The winner will receive a 15% tuition fee discount scholarship for studying at International MBA program. IIB also establishes two promotional prizes: 5% tuition fee discount scholarships for IMBA program.

During 27 - 28th of November IIB hosted acceditation visit of the official AMBA accreditation panel. The panel including Prof. Mark Oakley, Pro Vice Chancellor, Aston Business School (Aston University, Birmingham), Prof. Larisa Kartashova, Vice-Dean for International Affairs and Development, "Sinerghia" Economics and Finance Institute, Mr Chris D. Bristow, Director of Postgraduate Management Programmes, Kent Business School (University of Kent, Canterbury), Mr. Peter Calladine, Accreditation Services Manager (London) decided to recommend IIB MBA programme for accreditation by AMBA. The accreditation process will be completed after official endorsement of panel’s report by the International Accreditation Advisory Board (IAAB).

International Institute of Business invites you to the "HR Motivation: Strategies, Tactics and Instruments" Conference organized by our partner, "Personnel Education" national monthly andTRAINING.COM.UA internet project. You have a chance to get a scholarship for 2-days seminar "HR Management as a Part of Business Strategy".

Human capital development is a key to business value increase. That’s why IIB partners the Conference and gives the participants the opportunity to get acquainted with IIB’s educational expertise. The special prize for one of the participants will be a scholarship for 2-days seminar "HR Management as a Part of Business Strategy" which will take place early next year