Olga V. Makarova

Senior Lecturer, Department of Strategic and International Management

Academic Director for International Programs

 

 

E-mail: o.v.makarova@gsom.pu.ru

 

 

EDUCATION AND ACADEMIC DEGREES

  • МВА, joint program IMISP-Henley-Bocconi-ESADE-E.M.Lyon, 1999

  • Candidate of Science (Economics), St. Petersburg State University of the Economics & Finance, 1999

  • Specialist Degree in International Economic Relations, St. Petersburg State University of the Economics & Finance, 1993

 

RESEARCH INTERESTS

  • management by objectives and incentives systems

  • strategic management accounting – decision-making

  • business planning and efficiency of marketing activities
  • working capital management

  • MSEs and start-ups finance

 

SELECTED PUBLICATIONS 

In English

  • Pustovalova T., Makarova O., 2017. Capital Buffer Implication: Evidence For Russian Banks. / American International Journal of Humanities and Social Science, Vol 3 (1): 49-54.
  • Pustovalova T., Makarova O., 2017. Capital Buffer Implication: Evidence For Russian Banks. / American International Journal of Humanities and Social Science (forthcoming).

  • Makarova O., Pustovalova T. 2011. Helping jewelry manufacturing to overcome crisis: reduction or expansion? (Case) / The Case Centre (ECCH). Ref.# 111-091-1: 15 стр.

  • Makarova O., Pustovalova T. 2011. Helping jewelry manufacturing to overcome crisis: reduction or expansion? (Case Teaching Note) / The Case Centre (ECCH). Ref.# 111-091-8: 8 стр.

 

In Russian 

  • Makarova O., Pustovalova T., 2010. Financial Crisis at Bijouterie Production Company. Case study / Vestnik of St.Petersburg University. Management Series, 4: 146-166.

  • Makarova O., 2010. Problems of Results-Based Management Systems Development in Private Companies. / Actual Problems in Economics and New Teaching Technologies. – SPb.: MBI publishing: 137-139

  • Makarova O., 2009. Influence of Budget-Oriented Approach on Management Decisions Quality. / Quality Management in Modern University. - SPb: 28-31

 

PAPERS AT INTERNATIONAL CONFERENCES 

  • Funds Transfer Pools Formation. Take It Easy or Complex?. BAI 2017 - International Conference on Business and Innovation, Hiroshima, Japan, 2017
  • Funds Transfer Pricing - A Cure Against Balance Sheet Risks. Eastern Academy of Management Annual Conference (EAM), Baltimor, USA, 2017
  • Expanding boundaries: The Scolar + Practitioner. Case method section. Eastern Academy of Management (EAM), Boston, USA, 2011

 

INTERNSHIP ABROAD

  • Financial Management Strategies and Operations in Healthcare. Series of Seminars of the Healthcare Financial Management Association (HFMA) (Orlando, USA),2009
  • Seminars on Strategic Management. Haas School of Business, University of California (Berkley, CA, USA), 2008
  • Internship in Fitchburg State College and Symplex company, pilot project of The Presidential Programme on Training Managers (Boston, USA), 1998

 

Professional training

  • Post-graduate diploma, system administrator, LIMTU, 2014
  • Internal Control: Sorbanes Oxley Act, Ernst & Young, 2006
  • Introduction to ACE quality approach in operations. Pratt&Whitney company (Montreal, Canada), 2005
  • Accounting and Reporting in US GAAP and in IAS, IMISP, 2001
  • The Presidential Programme on Training Managers (USA), 1998
  • Seminars on Financial Management, Artur Anders, 1995-1997
  • Efficient Project Financing. AT&T Company (USA, 1996)
  • Financial Accounting and Reporting Fundamentals. Course of CIMA program, BPP Institute (London, UK), 1995
  • Corporate training programs in companies: AT&T (the Netherlands and USA), Pratt&Whitney (Canada and European countries), Gillette (London, UK), 1992-2007

 

OTHER PROFESSIONAL ACTIVITIES

Educational Institutions

  • Executive Board member, The Global Alliance in Management Education CEMS, 2015 -

  • Director, Master Programs, Graduate School of Management, St. Petersburg University, 2015-2016

  • Director, Executive Education Center, Graduate School of Management, St. Petersburg University, 2010-2011

  • Senior Lecturer at finance and accounting department, Academic Director of executive education programs: “Financial Management”, “Director of Secondary School”, Presidential Programme, Graduate School of Management, St. Petersburg University, 2008-2011

  • Associate Professor (part-time), Department of Finance, Higher School of Economics, St.Petersburg branch, 2013-2016

  • Lecturer, swiss-american business school in hospitality and culinary arts SWISSAM, (St. Petersburg), 2013-2015

  • Senior Lecturer (part-time), Finance Department, St. Petersburg State University of the Economics & Finance, 2000-2002

 

Companies

  • Chief Financial Officer for CIS, international logistics company GeoLogistics CIS (currently – AgilityLogistics), 2006-2008

  • Financial Director, Canadian engineering company Pratt & Whitney, United Technologies Corporation (Russian branch in St. Petersburg), 2004-2006

  • Acting Financial Director, cellular network company FORA Communications (currently - Tele 2), St. Petersburg branch, 2000-2004

  • Financial Controller for regional projects, company-investor in cellular CDMA network Metrosvyaz Ltd., Moscow, 1999

  • Superviser, reporting and capex control department, FMCG company Gillette (currently - P&G), St. Petersburg, 1997-1998

  • Assistant for CIS region to EMEA financial controller, chief accountant, telecom company AT&T-Lucent Technologies, St. Petersburg and the Netherlands, 1993-1997

 

Consulting and training projects

Neva Milk, Мiks, Fitness Family, Jenavi, Chief-Povar, Dipaul,  Normann, Center of Affordable Housing, School of Food Production Management, Gepta, Beaureau Veritas, Lemo etc.

 

Membership in professional associations

  • British Academy of Management (BAM), 2017 -
  • Certificated Institute of Management Accountants (CIMA), 1994-1996, 2016 -
  • Healthcare Financial Management Association. (HFMA), 2009-2011
  • ACCA accredited course Management Accounting at bachelor program in GSOM SPbU, 2011-2017

Courses taught at GSOM

  • Doing Business in Russia (MIM)
  • Corporate Finance II (MCF)
  • Budgeting and Management Control (MIM)
  • Strategic Management Control Systems (MCF)