Mission “Export”: IEB students conquer the vastness of foreign trade activities

11:19, January 25, 2024

As part of the project workshop, the teams conducted data analytics for different products and countries of the world

In the autumn semester, teams of 2nd year students of the educational program “International Economics and Business” at GSEM UrFU, as part of a project workshop under the guidance of program curators and business representatives, immersed themselves in solving applied problems. The students were lucky enough to try their hand at foreign economic activity on the instructions of the Haensch Quality Development company.

During a number of iterations, the teams were engaged in the preparation of analytical materials containing requirements for confirming the compliance of exported products to foreign markets for different commodity-country pairs. Students actively interacted with experts throughout the project. As a result, the students managed to create more than 40 product-country cards by industry. The results of the project activities were highly appreciated by company representatives, were used in carrying out tasks under a government contract and were presented to the Russian Export Center.

“Our company LLC “Haensch Development of Quality” involved students in the implementation of the project “Mission “Export”. This work allowed the students to improve their analytical skills in searching for information on the technical regulation of products in the export countries we selected. The participation of students allowed our company to implement in a short time state contract for the preparation of commodity-country cards, using the results of the students' work. Based on the results of the project, I can say that the students successfully completed a highly relevant project. The results obtained are not only unique, but also important for effective work in export markets. We would like to note the impressive expertise, creative approach and readiness to solve complex problems, which the students showed,” - Daria Karnaukh, project manager

In addition, the team of the Haensch Development of Quality company conducted a series of master classes related to current issues of foreign certification and the risks of conducting foreign trade activities for 4th year students of the program. The guys looked at cases from real companies and developed a reasoned export strategy. Senior students also tried their hand at preparing analytical materials as part of a project assignment. The team with the best solution visited the company’s office, received nice gifts and an invitation to an internship.

All the students learned a lot from the real practice of foreign economic activity and received key core competencies, and the project customers positively assessed the experience of interacting with the program and students.