The University of St. Petersburg was established in 1724 and is one of most historic universities in Russia. The University’s development is bound tightly with the cultural and scientific developments of the former Soviet Union and Russia. St. Petersburg is also a cradle for many outstanding intellectuals. The Graduate School of Management at the University of St. Petersburg has been committed to internationalization since earlier times. The School is not only a member of the CEMS Global Alliance in Management Education (CEMS) and Partners in International Management (PIM); it has also acquired two top international business accreditations AMBA and AACSB accreditations.