With around 60-70 participants, mainly Khazar MBA students and representatives from business life, the seminar was well attended. The seminar was opened by the Norwegian Ambassador mr. Jon Ramberg who also attended and participated in the discussions.
From BI’s side Prof. Øystein Noreng contributed with two presentations. Other contributions were made by Khazar faculty and guest lecturers from industry.
BI’s involvement in Azerbaijan started three years ago. A grant from the Norwegian Ministry of Foreign affairs enabled students from Khazar University to attend BI’s Master of Science programme. After finishing the programme the students would be appointed as part-time teachers at Khazar University. Three of them have done that so far, whereas another three are in the process of doing so.
Khazar University showed a keen interest in also developing its capacity to teach Energy Management related subjects. Not strange in a country that is currently enjoying its second oil boom (the first one being in the beginning of the 20th century).
To pursue this interest BI and Khazar formulated a new project focussing on the area of Energy Management. The project was again supported by the Norwegian Minsitry of Foreign Affairs. In the framework of this project two Khazar faculty participated in two modules of BI’s Executive Master programme in Energy Management all of which culminated in the two-day seminar
In the future, Khazar intends to develop an Energy Management track in its MBA programme. It has also established the Caspian Energy Studies Center that will foster research into different energy related areas.
BI and Khazar will continue their cooperation. A new project will be formulated enabling more Khazar faculty to participate in the modules of BI’s Energy Management programme. In addition, Prof, Øystein Noreng will further develop the research link between BI and Khazar
Project leader at BI is Feite van Dijk, Senior Advisor at the International Office. He feels that the project has a good win-win potential: Khazar will make its MBA programme more attractive and build up its faculty capacity in the area of energy management; BI will in the future be able to use Baku and Khazar as a possible destination for its own Energy Management Programme.