WASHINGTON, D.C. - The International Management Institute (MIM-Kyiv), the leading Ukrainian business school in the capital city of Kyiv, has been approved for membership in the U.S.-Ukraine Business Council (USUBC), the USUBC executive committee announced today on behalf of the entire USUBC membership of over 160 companies and organizations who have business operations, investments or other development programs in Ukraine.

The International Management Institute (MIM-Kyiv) was established in 1989 as the joint venture of the International Management Institute, Geneva (later IMD-Lausanne) and the Institute of Economics of the National Academy of Sciences of Ukraine. It was the first business school in the CIS countries and it started in Kyiv! Since then “the first” has been steadily attributed to MIM-Kyiv, to its story of success. It was MIM-Kyiv that first offered an MBA program based on international standards to the post-Soviet managers in early 1990s and has remained since then the leader of business education in the country.

MIM-Kyiv’s extensive program portfolio includes graduate programs ranging from MBA to DBA, as well as a series of executive Programs for Management Development (PMD) that are designed after graduate programs, but are more focused on the specific fields of responsibility in an organization, e.g. finance, human resources, marketing. There are also in-company programs (both graduate and executive), which are tailored to suit the requirements of a specific industry or a business. MIM-Kyiv’s corporate clients are Aval Bank (later Raiffeisen Bank Aval), Obolon, Kyiv Investment Group, KyivStar, Continium Group, UktTransNafta, Incom, DataGroup, Bayer AG, and PrykarpattiaOblEnergo among others.

At MIM-Kyiv versatile partnerships and comprehensive ties are promoted through the community of over 3,800 alumni, which numbers almost 2,000 MBAs alone. Many of them are CEOs or owners of well-known Ukrainian and international companies. In MIM-Kyiv, there are a number of activities designed particularly for alumni to facilitate their long-life learning, as well as effective networking during special events.

Since 1997, the school has been an active member of both the European Foundation for Management Development (EFMD) and the Central and East European Management Development Association (CEEMAN). The latter granted MIM-Kyiv the renowned International Quality Accreditation (IQA) in 2004.
During past two decades MIM-Kyiv has managed to develop a respectable international network of educational and research partners. Currently, there are ongoing projects with Katholieke Universiteit Leuven (Belgium), Carnegie Mellon University (USA), IMD-Lausanne (Switzerland), Telfer School of Management of the University of Ottawa (Canada), British Council (UK), University of Exeter Business School (UK), and Indian Institute of Management Ahmedabad (India).

Two members of the U.S.-Ukraine Business Council (USUBC) serve on the MIM-Kyiv board of directors. They are Volodymyr Lavrenchuk, (Ukraine) Chairman, Raiffeisen Bank Aval, and Dr. George Logush (USA), Vice President, Kraft Foods, Area Director: Ukraine, Belarus', Moldova, Armenia, Georgia and Azerbaijan.

"The membership of USUBC has been working to support and promote independent and private business and economic education in Ukraine. Many employees of USUBC member companies graduated from MIM-Kyiv," said Morgan Williams, Director, Government Affairs, Washington Office, SigmaBleyzer Private Equity Management Group, who serves as President of the U.S.-Ukraine Business Council (USUBC). USUBC has been working with Irina Tykhomyrova, President of MIM-Kyiv, on a variety of issues related to business support for higher education. Irina will represent MIM-Kyiv on the USUBC board of directors.

INFORMATION: For further information on the MIM-Kyiv business school call +380-44-585-0265 or just go to http://www.mim.kiev.ua/en/.