2010 programs and events
International Donors’ Conference on Developing English-Language MBA Program in Belarus
On September 22, 2010 the US Embassy jointly with the Belarusian State University (BSU) and the Embassy of Latvia to the Republic of Belarus hosted a conference for the international donor community to highlight the launch of the project Developing an English-Language Master of Business Administration program.
The conference was held at the BSU and assembled representatives of the Government of Belarus, the School of Business and Management of Technologies (SBMT) at the Belarusian State University, and foreign governments that have shown initial interest in supporting this endeavor. In his opening remarks, Rector of the Belarusian State University, Mr. Ablameyko, highlighted the acuteness of developing a modern, Western-based Master’s of Business Administration (MBA) program and thanked the US and Latvian governments for their contributions in regards to the preparatory stages of this project.
For more that a decade, the United States government has supported business education development in Belarus through partnerships between American universities and business schools and Belarusian educational institutions. US Agency for International Development helped establish leading business education programs in Belarus and train Belarusian professors and lecturers. The School of Business and Management Technologies (SBMT) has been one of the first partners in such cooperation and has demonstrated great capacity to implement advanced organizational and teaching methods in the Belarusian educational environment. US government is currently the primary donor for establishing an English language internationally accredited MBA program at SBMT.
The conference was addressed by Belarusian officials who acknowledged the relevance of management skills and knowledge for the development of Belarus and its economy. They positively assessed the US contribution up-to-date and the future of this cooperation.
US Charge d’Affaires Michael Scanlan expressed the US government’s commitment to further development of the multi-lateral cooperation with the governments of Belarus and Latvia in the sphere of business education. These efforts would assist Belarus in improving its business environment and increase competitiveness of the private sector. The US contribution to the project may potentially exceed $4 million over the next 5 years. This investment is contingent upon the availability of funds but most importantly, it will depend on the actual progress towards the project’s goals and benchmarks to be jointly established.
The USG financial investment will be maximized by bringing US visiting lecturers to the new MBA program and taking Belarusian professors to the US to get first hand knowledge of how the US business schools operate. US government jointly with its Belarusian and Latvian partners expects to see the launch of the English-language MBA program is September, 2011. The USG funds and expertise will allow the MBA program to establish itself and transition into a full-fledged MBA program with an internationally recognized accreditation within 5 years.