The International Institute of Business Administration — FRIDAS  was established in 1993 as a non-governmental higher educational institution. FRIDAS is registered and fully accredited by the Ministry of Higher Education of the Russian Federation. It is also a member of the European Federation of Schools and the Rector of FRIDAS represents Russia on the Board of the Federation. FRIDAS is an active member of the Russian Association of Business Education.

FRIDAS faculty consists of 30 full-time lecturers supported by another 20 part-time teachers. FRIDAS has 200 student enrolled in its degree program and over 1000 trainees per annum in various non-degree programs and courses.

Mr. Anatoly Sotnikov (Ph.D. in Technical Science) is the Rector of FRIDAS.

FRIDAS — a good start for a successful career

Nowadays you can choose from a number of colleges and universities offering business programs in Russia. However, few of them will offer all of the advantages of the International Institute of Business Administration — FRIDAS . Here you can enjoy the facilities, quality faculty and distinct «small, private college» feel. Your classes will be a comfortable size, professors will know your name, and you will make friends easily. Our students come from various parts of Russia and NIS countries. Housing is available to students in the dormitory situated in the center of Obninsk.

The International Institute of Business Administration — FRIDAS  offers university-level Bachelor's degree in Management and the degree of Specialist in cooperation with the State University of Management. The degrees are obtained in four and five years of study, respectively. To earn the Bachelor's degree at FRIDAS students complete 40 courses. The academic year begins in October and ends in June.

Summer is the time for internships and temporary job placements. Internship lasts 8 weeks on average and is considered an indispensable part of student curriculum. We focus on practical experience through internships and extracurricular activities because we feel so strongly about preparing our students for success. Students are required to prepare reports on their summer jobs, which are then marked by their professors in September-October. After the first year of study students are supposed to work at the lowest level in order to get hands-on experience on how a company operates. After their second year at FRIDAS students should be able to work as assistant managers, and before their final year — as marketing specialists. We also provide our students with a possibility to work outside Russia during summer. Our partner in Tennessee, the TIPS program, provides summer jobs for 15-20 FRIDAS students every year.