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12 April 2022

FinU International Business School Head Gives an Interview

The International Business School of the FinU is headed by Denis Davletkaliev, Doctor of Sociology. Denis Davletkaliev has extensive experience in the higher education system, as well as in implementing socio-engineering projects in the Moscow social complex. He also trained managers for the social sphere.

About the prospects for the International Business School development and the launch of new projects in the new challenging conditions – read in our interview.

– Denis, you have extensive experience in implementing various projects in social policy. What do you see as the connection between the social sphere and business education?

– Modern business develops through value creation. The main potential for development is in a person, the way of thinking, decision-making, ideas where to direct, to invest resources. But the definition of value as a development direction is a matter of strategy, and if you are a leader your personal trajectory becomes a business development direction.

I have spent more than 20 years working at a higher school, preparing managers for the social sphere of our country.

I specialize in Management Sociology. In fact, I am a social engineer, and in recent years I have been engaged in social engineering of various public organizations. Based on experience, I can say that the necessary knowledge is no less important in public administration. For me, there is no innovation in this, and the connection between business management and the social sphere today looks quite correspondent.

– What prospects for the International Business School development can you see in the current international situation?

– The Russian Association of Business Education has received a letter from foreign colleagues about the suspension of the accreditation in our country and already expressed our common position in response.

For my part, I look at this situation with no worries. Crises are passing, and issues of science and education development are still key priorities of the global academic and business community. Despite the difficulties, many partners are ready to continue cooperation, and our work is moving, on.

Accreditation received by the international association is a confirmation of the education quality. Currently our work quality still remains at a high level, and on the contrary, there is an incentive to work even better. Now we are updating the programs and inviting new speakers. We get feedback from our listeners that means that there is a need for both theoretical knowledge and practical skills. This is a FinU hallmark.

This year we are launching several new products as well as updating our classic program to increase our alumni competitiveness and their relevance in the economy.

Our MBA program in the electric power industry has become more dynamic, thanks to the strengthening of the practice-oriented approach. New cases and a role play as a final practical task have been elaborated.

The technological IT block will be sophisticated in all programs, including banking. In the strategic block, the ESG was upgraded.

The leadership block related to soft skills was updated with anti-crisis tasks to form the skills of conscious management in transformation and conflict situations.

However, I see the work of the International Business School not only as an educational structure that provides in-depth knowledge. The communicative component, in other ways GR in business, is also very important here, and for a FinU it can be called a basic competitive advantage at any level.

Currently, we are launching many changes to be useful for the business and industry challenges. With the support of the University management, our team plan to develop the International Business School as a magnet for interested people of various levels, from students and trainees to our partners and alumni, to optimize the work and form and develop a professional community in financial management, banking, public administration, business management as efficiently as possible.

– Do you have any plans to launch new projects and cooperate in new areas soon in this regard?

– First of all, we are thinking of an ISB alumni club formation. There are many similar structures in the world. Now what I am to do is to actively work with FinU MBA alumni. These high-ranking people can benefit the University by influencing the competitiveness of today’s alumni.

This is a part of our plan to enable the best undergraduate and graduate students to get involved in the work and, what’s even more important, to start communication with MBA students and perform project work under their supervision. Thus, we will begin to create a business community of people who are on the path of further career and personal development.

– Which of the international partners is involved in the development of Business School programs today?

– The demand for Russian business education and specifically the programs implemented by the FinU is now quite high. We are negotiating with the CIS countries and other Eastern partners. Soon we are planning a meeting with representatives of the People’s Republic of China, who are also enthusiastic about our cooperation, which may prove the high quality and competitiveness of our programs.

I think we will look for new partners and overcome this new challenge. The brand of the FinU has experienced many different shocks, and anyway this has not affected the quality of education and the demand for our alumni.

– What competencies and skills do you think are most important in the era of global change? How to react to the challenges of the time?

– The world is changing quickly now, regardless of the crisis: technological changes, a huge flow of information, the erasure of state borders and at the same time the emergence of new borders. Managers of any level regularly face these changes. In these conditions, it is especially important to make decisions, resist stress, correct assessment of your resources and teamwork. Human capital has already been unequivocally recognized as the most powerful resource, so it is important to invest both in your own development and in the development of your team.

– What goals do you set for yourself and your team? Are you planning to implement social sphere projects?

– As part of the Business School activities, together with the Ministry of Economic Development, we plan to open the Center for Social Entrepreneurship Development.

In general, the government is taking measures to support social entrepreneurship, but in the context of recent challenges, this is especially relevant.

Business is generally focused on social entrepreneurship support and development. As part of our work, we are going to create a platform combining 2 types of entrepreneurships. It will connect experienced businessmen with those who are only starting their own projects and need some resources, and thus. After all, such indicators as payback and profit are also important for social entrepreneurship, moreover some of them require serious financial investments. Many useful public projects can become large-scale business ones.

Together with the Center, we plan to cooperate with the organizers of the All-Russian competition “Social Entrepreneur”. This competition has been held for several years. The winners receive the support of relevant ministries, departments and government agencies.

We want to launch a business laboratory of social projects, where the authors of ideas will offer them to our interested listeners. This is an opportunity to unite people who need resources with those who have them. Of course, hard expert work will be carried out prior to that, but I think that many offers will get business support.

– In your opinion, what is the importance and relevance of business education programs?

This is a person with their plan and intention, who starts a great project or who fails in it. Experience in education, working with public administration managers of Moscow and federal levels proves that people constantly need self-improvement. There is a  common need to systematize and optimize practical experience. Our students repeatedly thank the ISB for the knowledge and skills that help specialists structure their experience.

Any manager of any level usually thinks about their goals and prospects. Each person needs a break to think over future plans and directions. And there is always the right to choose. And if your current intention is to go forward and think outside the box, we know how to create an educational environment for a breakthrough.

Working and studying here is more about communication and even philosophical understanding of what people do in their lives. There is a need for expert consulting, their experience and knowledge. The growth of human capital is a more important investment than money. It’s always easier to figure out what to do together. Synergy and mutual assistance give you confidence as well as peace and quiet.