Mrs. Yulia N. Aray

Associate Professor, Department of Strategic and International Management

Academic Director of Master in Management program

Mrs. Yulia N. Aray
Courses

Social Entrepreneurship (Master Program, CEMS)

CEMS Block Seminars (Master Program, CEMS)

Research Seminars (Master Program)

Strategies for Sustainable Business (Master Program)

Building Sustainable Value Chains (Bachelor Program)

Management (Bachelor Program)

Project Management in Social Entrepreneurship (Execute Education Program)

Social Entrepreneurship Visiting Professor at Vienna University of Economics and Business (2019)

EDUCATION AND ACADEMIC DEGREES

  • 2015 Candidate of Science (Economics), St. Petersburg University
  • 2009-2014 Doctoral Candidate, Graduate School of Management, St.Petersburg University. Dissertation defense was held on 26 of May 2015
  • 2005-2008 Master of International Business, Graduate School of Management, St.Petersburg University
  • 1998-2003 Specialist Program, Faculty of Economics, St.Petersburg University

RESEARCH

  • Social Entrepreneurship, Corporate Social Responsibility
  • Sustainable development and strategic management
  • Business Models, Business Model Innovation
  • Strategic Analysis
  • Qualitative Methods of Research

ACADEMIC AND ADMINISTRATIVE POSITIONS

  • Academic Director for Master in Management Program (MiM) (2020 – present)
  • Academic Director for International Executive Education Programs (2017-2020)

OTHER PROFESSIONAL ACTIVITIES

SELECTED PAPERS AND PUBLICATIONS

Papers in Academic Journals:

 

Book Chapters:

 

Cases:

 

Conference proceedings:

 

Conferences:

INTERNSHIPS AND FELLOWSHIPS

  • 2020 “Sustainable business strategy”, Harvard Business School (on-line)
  • 2018 “Sustainability Mindset Fast Track Program”, LEAP Group, Principles for Responsible Management Education (on-line)
  • 2016 “Case Writing Competition Workshop”, The Case Center (Rotterdam, Netherlands)
  • 2013 “Certificate in Social Business” (HEC, Paris)
  • 2008-2009 Internship (Trinity College, Dublin)

HONORS AND AWARDS

  • Research grant: «Determinants and Effects of Corporate Social Responsibility Disclosure in Large Russian Public Companies», Aray Y., Ermolaeva L., Papasova V. (2019)
  • Visiting grant: Spring Campus 2019 “Universities Alliance for Sustainability” (2019)
  • Travel grant for 79th Annual Meeting of the Academy of Management (2019)
  • Research grant: Building sustainable supply chains under high institutional volatility: The study of large Russian companies, Veselova A., Aray Y., Blagov Y., Knatko D., Logacheva A. (2019)
  • ARNOVA scholarship for young scholars (2015)
  • Grant for first case writer from The Case Centre (2014-2016)
  •  “Outstanding paper” award, Moscow State University, Russia (2014)

News

25 April 2022 | All news | Master programs | Master Programs MiM | Арай Юлия Николаевна
CEMS made it possible to reach the global level of competence: GSOM SPbU lecturers summarize the results of 14 years of cooperation with the Global Alliance of leading business schools

GSOM SPbU was the only educational institution in Russia that was awarded the honor. The business school was regularly audited to renew its membership in the organization; the commission's last visit took place at the end of last year.

21 April 2022 | All news | Master programs | Master Programs MiM | Арай Юлия Николаевна
GSOM SPBU EXPERTS ARE ACTIVELY INVOLVED IN THE RESCUE OF RUSSIAN ENDOWMENT FUNDS

Ekaterina Voronina, Executive Director of the GSOM SPbU Endowment Management Fund, took part in the development and discussion of anti-crisis measures to support the owners of endowment capital. Discussions took place in April in the State Duma of the Russian Federation and at the conference "Endowments-2022. A new reality."

Endowment funds across the country have faced problems related to the negative impact of Western sanctions. According to the results of one reporting year, the most significant danger is the forced dissolution of the endowment capital in the event of a decrease in the value of net assets by more than 50 percent. Ekaterina Voronina tells about the work that is being done to prevent this:

"According to Federal Law No. 275, endowment funds are required to disband if the value of assets falls by 50% within a year or by 30% within three years. To save the situation, my colleagues and I in the sector organized a working group — about 50 funds across the country and representatives of management companies. The developed proposals have already been sent to the Ministry of Economic Development, the Ministry of Finance, and the Government. The head of the State Duma Committee on Science and Education, Sergey Karbyshev, accepted the original letters from us. The total amount of Russian endowments is approximately 42 billion rubles. This is not just money from contributors, but investments in the country's economy, as they are invested in stocks and bonds of various companies, including federal loan bonds."

Ekaterina Voronina

Experts suggest suspending the existing regulations that create risks for the operation of funds; allowing them to determine the accounting procedure for securities that make up the target capital, not at the market, but at fair value; reducing insurance premium rates for non—profit organizations that own the target capital and other measures.  The priority task is to preserve the existing target capital: this is the central thesis of the directed appeals since the recipients of income in most cases are higher educational institutions, organizations providing social services to the population, and academic, healthcare, scientific and cultural institutions. The disbandment of the endowment capital will directly affect their activities and, as a result, their beneficiaries.

According to TASS, the Ministry of Economic Development has asked the Cabinet of Ministers of the Russian Federation to introduce new measures to preserve the potential of endowment funds as income generation for the non-profit sector.

25 February 2022 | All news | Conferences | Арай Юлия Николаевна
GSOM SPbU expert spoke at the interregional meeting of social entrepreneurs

An expert from the Graduate School of Management of St. Petersburg University (GSOM SPbU) Yulia Aray took part in the Gathering of Social Entrepreneurs in Astrakhan, which brought together businessmen from seven regions of the country, government officials and experts.

22 January 2022 | All news | Арай Юлия Николаевна
GSOM SPbU expert's case was published in the American collection of cases

The case of Yulia Aray, Associate Professor of the Department of Strategic and International Management, Academic Director of the Master in Management (MiM) program at the Graduate School of Management of St. San Diego: Cognella, 2021.

21 December 2021 | All news | Арай Юлия Николаевна | Conferences
Yulia Aray spoke about ESG at the National Conference on Microfinance and Financial Inclusion

About the essence of the ESG acronym, Yulia Aray, Associate Professor, Researcher at the CSR Center of the Graduate School of Management of St. Petersburg University (GSOM SPbU) said at the XX Anniversary National Conference on Microfinance and Financial Inclusion in the session "ESG Standards: An Agenda for Sustainable Development for the Microfinance Market."

24 November 2021 | Арай Юлия Николаевна | Шиума Джованни | All news | Master programs
Students of any business school of the Global CEMS Alliance can can register for 3 elective courses offered by GSOM SPbU

Students from all over the world enrolled in Master in Management Program of the Global CEMS Alliance can register for 3 elective courses offered by GSOM SPbU in the online format, regardless of which business school of the Alliance they study at.

23 November 2021 | Арай Юлия Николаевна
GSOM SPbU expert took part in a round table on ESG

Academic Director of the Master in Management Program, Coordinator of Social Entrepreneurship Projects at the Center for Corporate Social Responsibility of GSOM SPbU took part in the round table, organized by the Committee for Marketing and Communications of the St. Petersburg International Business Association (SPIBA).

28 October 2021 | All news | Master programs | Арай Юлия Николаевна
Environment emergency overtakes technological advancement as the most significant challenge to global business

As world leaders prepare for the COP26 climate conference, research from the CEMS Global Alliance in Management Education (the international consortium of 34 leading business schools, 70 companies and 8 social partners of which is Graduate School of Management, St Petersburg University, reveals that global professionals consider the environmental crisis, including climate change, to be the most overwhelming challenge facing business leaders in the 21st century.

13 September 2021 | All news | Achievements | Master programs | Арай Юлия Николаевна
The Master in Management program of GSOM SPbU has listed among the top 25 of the leading FT Global Masters in Management 2021

The Master in Management (MiM) program of the Graduate School of Management of St. Petersburg University (GSOM SPbU) was ranked 25th among the top 100 master's programs in the world according to the Financial Times. GSOM SPbU continues to be the only Russian school represented in this ranking. 

19 July 2021 | All news | Арай Юлия Николаевна | Conferences
GSOM SPbU expert contributes to new course design for SberUniversity

Yulia Aray, Associate Professor of the Department of Strategic and International Management of the Graduate School of Management of St. Petersburg University (GSOM SPbU), Academic Director of the Master in Management program, took part in the design of the "Social Entrepreneurship'' course for the virtual school of SberUniversity.

More news

Other professors
of the department

Mrs. Yulia N. Aray
Mrs. Yulia N. Aray
Associate Professor, Department of Strategic and International Management. Academic director of Master in Management program
Mr. Yury E. Blagov
Mr. Yury E. Blagov
Associate Professor, Department of Strategic and International Management Director of the PwC Center for Corporate Social Responsibility Director of the "Project Management for Social Entrepreneurs" program
Mrs. Karina A. Bogatyreva
Mrs. Karina A. Bogatyreva
Associate Professor, Strategic and International Management Department, Director of the Center for Entrepreneurship
Mrs. Olga R. Verkhovskaya
Mrs. Olga R. Verkhovskaya
Associate Professor, Department of Strategic and International Management
Mrs. Olga L. Garanina
Mrs. Olga L. Garanina
Associate Professor, Department of Strategic and International Management
Mr. Vasiliy K. Dermanov
Mr. Vasiliy K. Dermanov
Senior Lecturer, Department of Strategic and International Management
Mrs. Anastasiya K. Laskovaya
Mrs. Anastasiya K. Laskovaya
Associate Professor, Department of Strategic and International Management
Mr. Andrey Yu. Panibratov
Mr. Andrey Yu. Panibratov
Professor, Department of Strategic and International Management. Chair, Research Committee. Director, Center for Russian Multinationals and Global Business
Mrs. Anastasia A. Petrova-Savchenko
Mrs. Anastasia A. Petrova-Savchenko
Associate Professor, Department of Strategic and International Management. Academic Director, International Management bachelor program. Researcher of the PwC Center for Corporate Social Responsibility. Secretary of the SPbU GSOM Academic Council
Mr. Nickolay V. Raskov
Mr. Nickolay V. Raskov
Professor Emeritus, Department of Strategic and International Management
Mrs. Tatyana N. Klemina
Mrs. Tatyana N. Klemina
Associate Professor, Head, Department of Strategic and International Management Department
Mrs. Liubov A. Ermolaeva
Mrs. Liubov A. Ermolaeva
Assistant Professor, Department of Strategic and International Management
Mr. Ioannis Christodoulou
Mr. Ioannis Christodoulou
Associate Professor, Department of Strategic and International Management, CEMS Academic Director

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