The Graduate School of Management of St. Petersburg State University has once again confirmed its status as a leader in international business education. According to the results of the rating of the International expert agency EdUniversal, GSOM SPbU became the second strongest business school in Eastern Europe.

GSOM SPbU is the holder of the highest status, 5 palms of championship EdUniversal is a universal business school with global international influence.

“Palms” (palmes) demonstrate the level of international reputation of an educational institution: local (1 palm), regional (2 palms), beyond the region (3 palms), significant international influence (4 palms) and strong international influence (5 palms).

The leadership of GSOM SPbU in the EdUniversal ranking is an indicator of the recognition of the business school by the international academic community.

“The EdUniversal rating is a clear indicator of the international recognition of our work and the correctly chosen development strategy of GSOM SPbU. The business school sets a high bar for academic standards and, with the support of the trustees, introduces the latest educational technologies. The achievements of GSOM SPbU researchers and allumni strengthen the international authority and prestige of the Business School every year. And strong connections between professors, students, allumni and partners of GSOM SPbU create the very synergy that allows, in conditions of any instability, to find new opportunities for development and achieve success,” noted Deputy President - Chairman of the Board of VTB Bank, Director of GSOM SPbU Olga Dergunova.

“VTB Bank, as a strategic partner of the Graduate School of Management of St. Petersburg State University, is proud of the achievements of the business school. We are confident in the prospects of Russian business education. Today GSOM SPbU is a world-class business school that adequately overcomes challenges and responds to the demands of the times. The highest quality of education provided by GSOM receives international recognition. This guarantees business school allumni successful employment and career growth, and corporate partners — strong programs to improve the skills of employees,” said Andrey Kostin, President and Chairman of the Board of VTB Bank.

Every year, the EdUniversal Awards ceremony honors the TOP 3 business schools from 9 geographical areas of the world: Central Asia, Eastern Europe, Eurasia and the Middle East, North America, etc. In total, 1,000 business schools from 154 countries undergo official selection. The level of a business school is determined on the basis of internationalization criteria developed by the International Academic Committee. A key step in the ranking process is the vote of the deans of the world's best business schools.

Internationalization criteria take into account:

1. accreditations received (AACSB, EQUIS, AMBA, etc.),

2. major ratings (Financial Times, Wall Street Journal, etc.),

3. participation in international academic associations (EMBA, AAPBS, etc.),

4. network of partners of deans and business schools at the international and local levels, etc.

For reference:

GSOM SPbU is a leading Russian business school created on the basis of St. Petersburg State University, the oldest Russian university, the largest center of science, education and culture. GSOM SPbU is the only one in Russia that has the “triple crown” of international accreditations - independent associations AACSB, EQUIS and AMBA, and is among the top 1% of business schools in the world with similar recognition. GSOM SPbU has been included in the EdUniversal ranking since 2012 and has the highest indicator - 5 “palms of excellence”.

VTB Bank is a strategic partner of GSOM SPbU and is a member of the Board of Trustees of the Business School along with leaders of business, government and the international academic community.