Universidad Tecnológica de Bolívar in Cartagena de Indias, Colombia, South América, and the Mikhail Lomonosov Moscow State University offer a Special Summer Course

Universidad Tecnológica de Bolívar in Cartagena de Indias, Colombia, South América, and the Mikhail Lomonosov Moscow State University offer a Special Summer Course

English link to the department, which developed the program
http://sites.google.com/a/finm.spa.msu.ru/en/

The program itself.
http://sites.google.com/a/finm.spa.msu.ru/finm/letnie-skoly/letnaa-skola-v-kolumbii

Emerging Market Strategic Corporate Finance
Application and  the following information should be sent over before April 15:
-Name in Russian and English (as in the passport),
- Passport
- Issue and expiration date of passport.
- E-mail address
Send this information to:
Moscow: Prof. Alla Zinovevna Bobyleva, Chair, Department of Financial management Esta dirección de correo electrónico está protegida contra los robots de spam, necesita tener Javascript activado para poder verla
Dr. Olga Andreevna Zinovieva, Director, Center for Russia and the US, Esta dirección de correo electrónico está protegida contra los robots de spam, necesita tener Javascript activado para poder verla
Columbia: Dr. Iliana Restrepo  Esta dirección de correo electrónico está protegida contra los robots de spam, necesita tener Javascript activado para poder verla

General Programe
•    Day 1.  July 2, Friday.   Arrive to Cartagena.  Transport to Hotel. Accommodation
•    Day 2. July 3, Saturday,
Campus orientation - Welcome session at the university.  Welcome activity with music and dance Show at the university     Afternoon: City Tour
Day 3. July 4, Sunday,  Morning and early afternoon - Free for Beach. 5 p.m. - Tour by the old city in a typical horse carriage.
•    Day 4, July 5, Monday,
Economic regional and local economic history. Prof H. Calvo (English) or The political / economic Organization environment of Latin America & Colombia. Prof. Yuri Gorbaneff
•    Day 5, July 6, Tuesday,  
    Structural Finance. Prof. Roberto Albisetti
•     Day 6, July 7, Wednesday.  
    Corporate Governance. Prof D. Londoño.
•    Day 7, July 8, Thursday.   
    Corporate Finance I. Prof Ignacio Vélez (English).
    5:00 p.m. Walking tour (Garcia Marquezan tour around Cartagena)
•    Day 8.July 9, Friday,
    Corporate Finance II.  Profs. Ignacio Vélez and/or Rauf Ibragimov.
    Salsa dancing night at "Quiebracanto" (welcome drink included)
•    Day 9. July 10. Saturday, Day off or selection of excursions.  
Day 10. July 11, Sunday.  Trip to Rosario islands (includes entrance for visit the sea aquarium) lunch and beverages included
•    Day 11 July 12, Monday.    
    Project funding. Prof J. Sierra.
•    Day 12. July 13, Tuesday,
    Performance measurement and evaluation. Prof. Alla Bobyleva.
•    Day 13. July 14, Wednesday,
•    Innovation strategies for Value Creation. Prof J. Sierra.
Afternoon: Walking tour to the most important churches in the old city (audio tour included)
•    Day 14. July 15, Thursday,
    Strategic Corporate Social Responsibility. Prof D. Londoño.
•    Day 15. July 16, Friday,   
Trip to Barranquilla:  Morning:  Visit to the Caribbean Museum (includes entrances)
Afternoon:  A SME firm: flexible packaging. Litoplas www.litoplas.com.co  Subject: Corporate Governance Conference and discussion with Eugenio Velez, President
•    Day 16. July 17, Saturday,
•    Visit to a fisherman’s village "La Boquilla" Tour through the mangroves tunnels (ecological  
       tour).  Lunch & beverages included.
    Night: Farewell Party at night at "Mr. Babilla" (2 drinks included)
•    Day 17. July 18 Sunday.  Transfer hotel /Airport, Departure.

Emerging Market Strategic Corporate Finance
Study program

1.    Economic regional and local economic history. Prof H. Calvo (English) (3 hrs lecture 2 hrs case study) or The political / economic Organization environment of Latin America & Colombia. Prof. Yuri Gorbaneff (either in English or Russian) (3 hrs lecture 2 hrs case study and discussion) - 5 hrs. overall
2.    Structural Finance. Prof. Roberto Albisetti (International Finance Corporation, World Bank). Financial market evolution in developing countries.  Development model for financial intermediation (financial intermediaries). Fundamentals of financial crisis for the emerging markets and their teachings. 3 hrs lecture 3 hrs visit and discussion. (English) -Related visit/conference: Regional Port Facilities (Highly automated port operation for containers) and discussion with officers and moderated by Prof Albisetti.
3.    Corporate governance. Prof D. Londoño. How to implement better decision-making processes that do not only care for profitability, but also include further control and feedback mechanisms that help protect agents and their interests concerning the enterprise’s performance and development. 3 hrs lecture 2 hrs factual case study discussion. (English). A factual case shall be examined. Related visit/conference: A SME firm: shrimp processing factory
4.    Corporate Finance I. Prof Ignacio Vélez (English). Forecasting financial statements and Prospective Analysis. Construction of cash flows. 3 hrs lecture 2 hrs Hands on workshop.
5.    Corporate Finance II. Profs. Ignacio Vélez and/or Rauf Ibragimov. Principles of Cash Flow Valuation: Cost of capital and Valuation. 3 hrs lecture 2 hrs Hands on workshop. (English and/or Russian)
6.    Project funding. Prof J. Sierra. Alternative mechanisms and practices in funding projects, which are gaining momentum in diverse settings around the world where savings and investment are seen under a different light that do not consider only traditional risk assessment mechanisms. 3 hrs lecture 2 hrs factual case study discussion. A factual case shall be examined.
7.    Performance measurement and evaluation. Prof. Alla Bobyleva. Standard Ratio Analysis and Shortcomings of Accounting Numbers. Shareholder Value Approach and Metrics. Valuation in Emerging Markets, High-Growth Companies, Cyclical Companies. 3 hrs lecture 2 hrs case study discussion. (English and/or Russian) A factual case shall be examined. Related visit/conference: Tecnoají (hot pepper factory) and conference by its founder and president, Jorge Araújo.
8.    Innovation strategies for Value Creation. Prof J. Sierra. How to create effective competitive advantage by resourcing to knowledge creation/application in house and obtaining benefit from external availability of technological resources to be used, particularly in settings where the competitive edge is to be strengthened. 3 hrs lecture 2 hrs factual case study discussion.
9.    Strategic Corporate Social Responsibility. Prof D. Londoño. Creative approaches to build up strong organic bonds with a myriad of stakeholders that may both influence upon and be subjected to the influence of enterprises in a mutually beneficial relationship 3 hrs lecture 2 hrs factual case study discussion. A factual case shall be examined. Related visit/conference: Crepes & Wafles (gourmet fast food chain) and conference by its founder and president, Eduardo Maciá.

General Information & Conditions

•    Additional mini excursions will be available in late afternoon and evening based on participants interests.
•    Note. The company visits may be subject to further changes and substitutions based on company activities
•    The cost of the program is 2700 USD and it covers a two week program for the students, which include tuition, lodging (triple accommodation), meals on the campus and hotel, transfers, health insurance, except airfare, visa and meals while traveling.