New subsidized mortgage, COVID retreat and WHSD rate hike

Almost 80% of the supply in the primary market of St. Petersburg corresponds to the new parameters of preferential mortgages - these are 28.7 thousand apartments in houses under construction, experts have calculated. A variety of objects fit into the new limits of the preferential mortgage lending program: from small-sized studios in the city center to spacious, “family” apartments on the outskirts of St. Petersburg.

Dealers reported a noticeable increase in prices for auto parts in St. Petersburg

The cost of auto parts in St. Petersburg increased by 40-50% over the month, auto dealers surveyed by RBC Petersburg reported. For some types of spare parts, sellers note a significant shortage. The situation is similar with car sales.

International diplomas and bullying: what is happening with business education

International agencies are withdrawing the accreditation of Russian business schools, which means that graduates will lose their international MBA (Master of Business Administration) diplomas - news about this was actively discussed last week. Now the CEEMAN association, formed in Eastern Europe with the active participation of Russian business schools, has joined the statements about the termination of activities in Russia - a corresponding statement has appeared on its website.

Russian business education has long sought comparability with international ones, access to modern methods, tools and exchange of students, so disintegration threatens to set it back in development by 10-15 years. RBC Petersburg asked experts whether business education in Russia remains relevant in this case; how useful it is in principle for entrepreneurs during the “perfect storm”.

The rector of the IMISP business school (IMISP, St. Petersburg International Institute of Management) Yaroslav Pavlov explains that some Russian schools will continue to issue international MBA diplomas, and the demand for curricula, as he believes, "will continue even if the state plan is introduced."