First Graduate Class of Swiss Business School through the Russian-Armenian University

Honorary Board / Armen Darbinyan, Armenia

The Armenian ex-premier, rector of the Russian-Armenian Slavonic University (RAU), and Civilitas foundation honorary board member Armen Darbinyan, rector of the Swiss Business School Volve Bert and the Armenian Minister of Education and Science Armen Ashotyan participated in the commencement ceremony of the Swiss Business School (SBS), implemented jointly with RAU. The school awarded Master of Business Administration (MBA) diplomas to its first twelve graduates.

Mr. Darbinyan noted that it has been a great honor for the University to be the founder of the first business school of such caliber in Armenia, while Mr. Bert expressed his certainty that the Armenian graduates of the school will successfully apply their knowledge and skills to work in future.

The program teaches with several specializations, such as marketing, finance, and banking. The agreement to collaborate between RAU and SBS was signed on March 21st, 2009 in Yerevan. SBS is a prestigious business school in Zurich with accreditations in Switzerland, Germany, Latvia, Slovenia, and the USA.
 
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Facts for Thought
Share of population who reported having an account at a financial institution* - 2011
Armenia 17%
Azerbaijan 15%
Georgia 33%
Russia 48%
Sweden 99%
USA 88%
*financial organizations are: banks, credit unions, cooperatives, post offices or microfinance institutions
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