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GSOM SPbU and Kozminski University signed an agreement on their first double degree programme

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Graduate School of Management, St. Petersburg University (GSOM SPbU) and Kozminski University (KU) are launching their first joint double degree program in Corporate Finance and Accounting. The new double degree program will incorporate qualified students of Master in Corporate Finance (MCF) program at GSOM and students of Master in Finance and Accounting at KU. The selection of students for the new double degree programme will commence in fall semester 2021, the studies will start in academic year 2022/2023.

As part of a new agreement, students will spend their three and four semesters at host institutions, and candidates, who successfully complete all program requirements of GSOM and KU will get Master degree diplomas from both institutions.

"The future belongs to partnerships, alliances and collaborations: it helps to look at goals from different angles, quickly respond to changes and create relevant and demanded products. In the new academic year, together with Kozminski University, we are launching a double degree program within the Master in Corporate Finance program: we will exchange experiences, compare our aims and results, and provide students from both sides with comprehensive knowledge that can be applied anywhere in the world. Kozminski University and GSOM SPbU are long-standing academic partners, our relationship has been tested over the years and dozens of exchange students. I am confident that the new level of co-operation will bring business schools closer together and make our Master programs more interesting and practice-oriented," said Konstantin Krotov, executive director of GSOM SPbU.

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Since 2013, GSOM SPbU Bachelor and Master students have been participating in exchange programs, and faculty and staff of the Business School — in academic exchange programs with Kozminski University.

"Close co-operation with the oldest university in Russia — Saint Petersburg University and GSOM SPbU was recently crowned with a double degree on the Master in Finance and Accounting program. It is a natural step in intensifying our top students’ exchange opportunities by giving them access to one of the biggest markets. Thus, KU continues to strengthen its position as a global bridge for business opportunities and intercultural understanding," said Franjo Mlinaric, Ph.D., leader of the Master in Finance & Accounting Programme at KU.

Starting from 2022, four MCF students will be able to pursue their studies within the Master in Finance and Accounting program at one of the leading business schools in Poland. Kozminski University has triple crown accreditation as well as ACCA and CFA accreditations. Kozminski University's Finance and Accounting program is ranked the 21st position in the Financial Times (FT) ranking among the world's 55 best Master programs in corporate finance.

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The Master in Corporate Finance program at GSOM SPbU is also ACCA accredited. GSOM SPbU has been ranked among the world's leading programs and business schools for many years in a row according to the international business newspaper Financial Times. In 2020, GSOM SPbU ranked 41st in the Financial Times Masters in Management ranking, and 51st in the Financial Times European Business School ranking. The GSOM SPbU Executive MBA program entered the top 100 world programs for the first time and took 93rd position in the Financial Times Executive MBA Ranking 2020.

GSOM SPbU is a leading Russian Business School. It was established in 1993 at St Petersburg University, which is one of the oldest classical universities, and the largest centre of science, education and culture in Russia. Today GSOM SPbU is the only Russian Business School that is included in the top-100 best European Schools in the Financial Times ranking and has two prestigious international accreditations: AMBA and EQUIS. The GSOM Advisory Board includes leaders from business, government and the international academic community.

Kozminski University was founded in 1993. It is one of the oldest non-public higher education institutions in Poland. The undergraduate, graduate, and doctoral students and the participants of postgraduate and MBA programs studying at KU make up a population of 9,000. The population of KU graduates is currently over 60,000. Kozminski University is a business-oriented higher education institution offering a broad range of education programs, holding full academic rights, and considered to be the best business school in Central and Eastern Europe according to the Financial Times ranking. In 2021 Kozminski University was ranked 21st in the Global Masters in Finance Ranking published by Financial Times. It is the only university ranked from Poland and Central and Eastern Europe.

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2021 university ranking show that European universities have a strong degree of co-operation

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U-Multirank, initiated by the Commission and co-funded by Erasmus+, has published its 8th university ranking, scoring almost 2,000 universities from 96 countries across the world. Among other results, it shows that European universities cooperate more intensively in comparison to other regions, especially in the performance areas of teaching & learning, research, knowledge exchange and internationalisation (staff & student mobility, joint diplomas & publications, etc.). Generally, universities working together with other institutions, businesses and industries, governments, regional bodies or across borders generally perform better than those that are less focused on cooperation. Seven aspects were taken into consideration for the ranking: strategic partnerships, international joint degrees, internships, international co-publications, co-publications with industrial partners, regional co-publications and co-patents with industry.

Every year, U-Multirank compares higher education institutions' performance in areas that matter most to students, providing the world's largest customisable online rankings. Universities can use U-Multirank data to assess their strengths and weaknesses and find ways to create or strengthen their strategic plans, including aspects on cooperation. The European Universities initiative is one of the flagship action led by the Commission towards the European Education Area. The objective is to create transnational alliances where students, staff and researchers can enjoy seamless mobility – physically as well as virtually, to study, train, teach, do research, work, or share services in any of the cooperating partner institutions. So far, there are 41 such alliances bringing together more than 280 institutions of higher education across Europe. In total, a budget of up to €287 million from Erasmus+ and Horizon Europe is available for these 41 European Universities. More information is available online.

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Statement by Crisis Management Commissioner Janez Lenarčič on the International Day to Protect Education from Attack

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On the occasion of the International Day to Protect Education from Attack (9 September), the EU reaffirms its commitment to promote and protect the right of every child to grow in a safe environment, have access to quality education, and build a better and more peaceful future, says Janez Lenarčič (pictured).

Attacks on schools, students and teachers have a devastating impact on access to education, education systems and on societal development. Sadly, their incidence is increasing at an alarming rate. This is all too clear from the recent developments in Afghanistan, and the crises in Ethiopia, Chad, Africa's Sahel region, in Syria, Yemen or Myanmar, amongst many others. The Global Coalition to Protect Education from Attack has identified more than 2,400 attacks on education facilities, students, and educators in 2020, a 33 percent increase since 2019.

Attacks on education constitute also violations of International Humanitarian Law, the set of rules seeking to limit the effects of armed conflict. Such violations are multiplying, while their perpetrators are seldom called to account. In this view, we are putting compliance with International Humanitarian Law consistently at the heart of the EU's external action. As one of the largest humanitarian donors, the EU will hence continue to promote and advocate for global respect for International Humanitarian Law, both by states and non-state armed groups during an armed conflict.

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Beyond destruction of facilities, attacks on education result in long-term suspension of learning and teaching, increase the risk of school dropouts, lead to forced labour and recruitment by armed groups and forces. School closures reinforce exposure to all forms of violence, including sexual and gender-based violence or early and forced marriage, levels of which have increased drastically during the COVID-19 pandemic.

The COVID-19 pandemic exposed and exacerbated the vulnerability of education worldwide. Now, more than ever, we need to minimise disruption to education disruption, and ensure that children can learn in safety and protection.

Safety of education, including further engagement on the Safe Schools Declaration, is an integral part of our efforts to protect and promote the right to education for every girl and boy.

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Responding to and preventing attacks on schools, supporting protective aspects of education and protecting students and teachers requires a coordinated and inter-sectoral approach.

Through EU-funded projects in Education in Emergencies, we help reduce and mitigate the risks posed by armed conflict.

The EU remains at the forefront of supporting education in emergencies, dedicating 10% of its humanitarian aid budget to support access, quality and protection of education.

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Factsheet - Education in Emergencies

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European Commission report on adult education and training in Europe

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The European Commission's Eurydice network has published a report on ‘Adult Education and Training in Europe: Building inclusive pathways to skills and qualifications'. The report examines current approaches to promoting lifelong learning, with a particular focus on policies and measures supporting the access of adults with low levels of skills and qualifications, to learning opportunities. It looks at 42 education and training systems across 37 European countries.

Innovation, Research, Culture, Education and Youth Commissioner Mariya Gabriel said: “This pandemic has shown that many adults do not have adequate basic skills. In particular, it has revealed the large digital divide among the adult population. It is essential to create systematic learning opportunities allowing people to improve their basic skills at any stage of life. We also need to address the fragmentation of the adult learning sector, so that adults can make straightforward transitions between different types and forms of education.”

Jobs and Social Rights Commissioner Nicolas Schmit said: “To adapt to the rapidly-changing world of work, we must focus our attention and resources on lifelong learning. By 2030, we want at least 60% of adults in the EU to participate in training every year. EU leaders welcomed this ambition and their national recovery and resilience plans include large investments in upskilling and reskilling of adults. Together with Social Partners and all stakeholders, we need to ensure access to learning opportunities especially for people who would benefit from upskilling and reskilling the most. This aspect is central to the Upskilling Pathways initiative which pays particular attention to the most vulnerable.”

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In addition to looking into how adult education and training initiatives are coordinated at national level, this report also presents a unique mapping of publicly-funded and co-funded adult education and training programmes, and the existing guidance and support measures for the least qualified. The Eurydice Network consists of national units in European countries, and is co-ordinated by the Education, Audiovisual and Culture Executive Agency.

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