MSUBS undergraduate students gain insight into operations management at IEK Group and Ingosstrakh Insurance Company
MSUBS provides its students not only with the theoretical fundamentals in study courses but also support this knowledge with practical industrial experience and latest know-how from the leading national and international companies. To do this MSUBS completes its in-class studies with company visits.
In April undergraduate students, participating in the Operations Management course, visited IEK Group logistics complex and Ingosstrakh (insurance company) to learn the practice of designing, managing, planning and improving of business operations. IEK Group logistics complex is the leader in production and distribution of electrical goods in Russia. During the visit students learned about the company’s efficient research and development processes along with matrix organization structure, performance reward system and additional IT tools which are uncommon for Russian enterprises. Insurance professionals at Ingosstrakh company shared their unique experience in using the advanced telecommunication and management approaches to improve company`s efficiency based on the philosophy of Toyota’s production system. Students also learnt about specific aspects of industries and were curious about how companies adapt to the current economic situation.