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CS10A0760 Business in Russia, 6 cr 
Code CS10A0760  Validity 01.08.2012 - 31.07.2019
Name Business in Russia  Abbreviation Business in Rus 
Credits6 cr   
TypeBasic studies  
  Grading scaleStudy modules 0-5,P/F 
  Eligibility for post-graduate studiesno
    Allowed to study several timesno
Organisation LUT School of Engineering Science 

Ekaterina Albats 
Daria Podmetina 
Roman Teplov 
Juha Väätänen 

Description by Study Guide

M.Sc. (Tech.) 1



Teaching Language 


Teacher(s) in Charge 

Professor, D.Sc. (Tech.) Juha Väätänen
Post Doctoral Researcher, D.Sc. (Tech) Daria Podmetina


Student is able to 1. analyze consumer markets and living standard, 2. assess competitiveness of industrial sectors and enterprises, 3. understand innovation process and innovation strategy on individual, company and country levels, 4. assess the specifics of online and offline commerce, 5. be familiar with marketing practices applied locally, 6. understand basics of entrepreneurship and doing business in Russia, 7. be aware of cultural aspects of Russian business.


Consumer markets. Living standard. Russian enterprise structures. Industrial and service sectors. Company innovation strategies. Entrepreneurship and new enterprises. Marketing practices. Trade, foreign direct investments and e-commerce. Business culture. Russia's competitiveness, and future trends.

Teaching Methods 

Lectures 14h, research report and home assignments 72 h, course literature 40 h, self study and exam preparation 30 h. Total 156 h.

Examination in Examination schedule (Yes/No) 


Examination in Moodle (Yes/No) 


Examination in Exam (Yes/No) 


Assessment scale and assessment methods 

0 - 5. Exam 40 %, written report 40 %, home assignments 20%. Each of the components has to be passed acceptably.

Course Materials 

The World Bank report on Russia. Latest available version. Diversifying Russia. Harnessing regional diversity. EBRD. Latest available version. Additional material will be announced on lectures.

Places for exchange-students? (Yes, number/No) 

Yes, 15-

Places for Open University Students?(Yes, number/No) 

This course has 1-5 places for open university students. More information on the web site for open university instructions.


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