(We have seen that Russian managers value education as selection criterion even for workers. The respect for education in the Russian society contributes to the rapid expansion in the past 15 years of various forms of professional and business education. Nowadays all kinds of retraining program is available to any Russian company that is ready to pay for – from one-day “update” seminars to internationally recognized programs of Doctor of Business Administration. The Russian Association for Business Education (RABE) now comprises more than 140 respectable business schools and retraining centers form 33 regions. Russian business schools have recently started to be accredited by AMBA and even appeared in the list of top 100 European MBAs.