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The traditional international module of Executive MBA program was held at the beginning of May in one of the biggest financial centers of the world- Zurich. In the frames of this module, organized by IIB jointly with its partner Swiss Business School, students studied such courses as International Financial Management and Venture Capital and Private Equity.

During intense two weeks students had a possibility not only theoretically, but also practically study the mechanisms of financial statements work and large international companies’ practice. Executive MBA students had the meetings with managers of such companies as Philip Morris and Tissot. Students had an opportunity to learn how the companies manage to operate in the crisis period, to look behind the "Zurich airport scenes" and to observe the best operational management and project management practice.

International MBA students came forward with the initiative – to start realizing the program of attracting money for Library and Resource Centre development at International Institute of Business. The goal of the project is to approach the IIB library to the level that will correspond the best standards of providing libraries with literature - the standards which now exist at leading business schools in the world.

We are pleased to inform you that on 2nd February 2009, the new campus of International Institute of Business will open its doors. The new building was designed and built in accordance with the world’s best standards of business schools and will afford a new level of comfort for our partners, clients, students and professors. Located in a green zone of Kyiv (a few minutes from Zhitormirskaya metro station), the new campus will furnish you with a comfortable learning environment worthy of Ukraine’s leading business school.

International Institute of Business invites diploma programs’ students (IMBA, EMBA, CIM, CIMA, and CIPR) to attend the master-class "Communication at the edge of chaos". Participants will have a possibility to communicate with Kevin Ruck, founding director of PR Academy (Ashford, UK), who kindly accepted the invitation from IIB to visit Ukraine.

The CIMA qualification remains a global quality standard in management accounting.

From February 2009, a new opportunity will appear in Ukraine – to become a student on the CIMA Strategic Level program.

On the 10th December, 2008, in the frames of Guest Speakers Series, students on the IIB MBA programs met with Valeriy Pyatnitskiy, Deputy Minister of Ukrainian Economics, who spoke of the possibilities and problems for Ukrainian businessmen and entrepreneurs connected with the accession of Ukraine to the World Trade Organization.

According to Mr. Pyatnitskiy at present Ukrainian business does not really actively use the possibilities which membership in this prestigious international organization affords. Ukrainian importers and exporters co-operate in the acquisition of operating information, the Ukrainian Ministry of Economics has undertaken to create the Centre for Processing Enquiries of Member-States of the WTO. The fundamental task of the centre is to inform interested organizations and companies of the terms of trade, tariff policy, duties, and also to render assistance for the effective co-operation and operational exchange of information and documents with the WTO Secretariat and WTO members. The centre sheds light on the activities of the organs of state power concerning the preparation of official correspondence (notification) and provides answers to enquiries into active norms and the establishing of new rules in the field of international trade.

The International Institute of Business invites alumni and students of the IIB MBA to the regular meeting of the MBA Club which takes place on the 13th December 2008 at 51 Degtyarevskaya Street, in the second floor conference hall. It will commence at 14.00. Registration of participants will begin at 13.30.

The theme of the MBA Club will be "Crisis – Problem or Opportunities?". The following topics will be discussed around the table:

• Macroeconomics: scenarios and forecasts for 2009.

• Improving the effectiveness of a business and business processes (Moderator: G. Kanishchenko, Managing Partner of "Strategic Masterminds")

• Building the trust and value of a company in a period of crisis: the real value of reputation (Moderator: M. Starodubska, Managing Partner, "Mikhailov and Partners, Ukraine")

• Human Resource Management in conditions of transformation: paradoxes, challenges, possibilities (Moderator: R. Lemeshchuk, consultancy firm "AB-Capital")

• Managing an enterprise in conditions of crisis: a paradigm of anti-crisis measures (Moderator: V. Savchuk, consultancy firm "Strategic Partner".

In November of this year the Centre for the Development of Property at the International Institute of Business released a completely new product onto the Ukrainian business education market – the first certified course on preparing developers in the sphere of real estate.

Between the 13th and 15th November the first module of the course commenced: "The content of developer activities. The practice of reducing property and regulatory risks in the formalization of rights to real estate development".

Nick Cotton, managing director of the company DTZ in Ukraine, declared the module open, having talked about the fundamental tendencies of Kiev’s real estate market in its various segments and about the possibilities to develop the market in conditions of crisis.

In November of this year the Centre for the Development of Property at the International Institute of Business released a completely new product onto the Ukrainian business education market – the first certified course on preparing developers in the sphere of real estate.

Between the 13th and 15th November the first module of the course commenced: "The content of developer activities. The practice of reducing property and regulatory risks in the formalization of rights to real estate development".

Nick Cotton, managing director of the company DTZ in Ukraine, declared the module open, having talked about the fundamental tendencies of Kiev’s real estate market in its various segments and about the possibilities to develop the market in conditions of crisis.

     During the period from 5 to 6^th of November 2007 the delegation of IIB, which consisted of Prof. Henrik Sternichuk, Head of Supervisory Board, Alexandr Mertens, President of IIB, Olga Karpova, Head of Academic Programs Department, Jurii Zelenin, Chief Accountant visited the Central European University (CEU) and CEU High School of Business in Budapest, Hungary. The purpose of visit was to exchange of experience and to foster cooperation development between educational institutions. The members of IIB delegation had a numbered meetings with the management of University and Business school, where were discussed the actual problems of business and management education of Ukraine and Hungary, the possibilities of faculty. exchange, joint participation in the international projects, development of researches and other issues. This visit became positive due to assistance of Higher Education Support Program of Open Society Institute (HESP/OSI).