2.15
P/BV
0.38
0.30
Sources: Bank of Georgia, Galt & Taggart
BANK OF GEORGIA JSC – Valuation (Refer to Annex 1)
Valuation Limits
True Value (GEL mln.)
True Value/Market Cap.
Low
50.8
3.3
High
68.6
4.4
4.3 Human-Resource Development in the Private Sector
4.3.1 Business Schools/Universities
European School of Management (ESM).
Data Sheet.
- European School of Management ESM-Tbilisi
- 40,
Vazha Pshavela Ave. 1077, Tbilisi, Republic of Georgia
Tel.: (995-32) 39 68 64
Fax: (995-32) 37 55 16
e-mail: esmtbs@gol.ge
Internet: esm-tbilisi.ge - Simon Kadagidze
- Mission of European School of Management in Tbilisi (ESM-Tbilisi) is to create a new Georgian management elite - professionally thinking and professionally acting under market economy managers – providing high quality management education using modern and innovative teaching technologies and highly qualified faculty.
- LTD, Nonprofit
- Self financed through students tuition fees
- 1992
- 20
- 87
- 4 - Undergraduate Program, Graduate Program, Base Certificate Program, Foundation Program
- 224+46+58+50
- Look the attached sheets
- Undergraduate
– 4 years
Graduate – 2 years
Base Certificate Program – 7 months
Foundation Program – 1 year - Undergraduate - 224
Graduate - 46
Base Certificate Program - 58
Foundation Program - 50 - School leavers and young professionals
- Undergraduate
Program - secondary school leavers with
certificate
Graduate Program - young people with min bachelor
diplomas and min 2 years experience
Base certificate program - any person with high education
Foundation Program - secondary school leavers or students
in their last school year - Undergraduate -
$ 2200/ year
Graduate - $ 3500
Base Certificate Program - $ 1200
Foundation Program - $ 1000 - Entrance examinations, visiting schools with presentation, visiting educational fairs, marketing campaign through an advertising agency
- Georgian with good command of either English or German languages.
- Undergraduate - Bachelor of Business Administration
(General Management)
Graduate - Master of Business Administration
(General Management, Finance, Marketing)
Base Certificate Program - Certificate - $ 2000/year
The ESM Evening & Weekend MBA Program, A Curriculum 2003-2005
4.3.2 Government Sponsored Training Programs
GEPA's In-Company Export Marketing Programme.
The objective of GEPA's new programme is to increase the export capabilities
of Georgian companies. An integrated programme has been designed to assist
Georgian companies to systematically plan and prepare for export marketing.
The programme includes in-company export market development, training, the
organisation of inward and outward missions and a cost sharing grant scheme.
The in-company programme involves GEPA's Export Advisers working closely with
individual companies to establish an export marketing function. Participating
companies will be assisted and guided through the process of defining their
objectives and capabilities, the first step in the process. They will be
shown how to identify suitable markets and have access to all the information
sources in the Export Information Centre. They will then be in a position to
draw up a realistic export marketing strategy. GEPA staff will help them to
prepare for exporting and to implement their defined strategy.
In working through the programme, training needs will be identified and
addressed and some financial assistance may be available to assist companies
in financing eligible actions they need to take to prepare for exporting.
Participating companies will have in place a system for reviewing and
redefining their export marketing strategies on an on-going basis. This will
enable Georgian companies to anticipate and to be prepared for the ever
changing marketing environment, rather than just reacting to it.
During recent weeks GEPA staff has been visiting companies to explain the
programme in detail. Four companies have already begun the first stage of the
programme and another four will be added over the next few weeks. Companies
committed to developing an achievable export marketing strategy and willing
to devote time and effort to the process are invited to contact GEPA.
5. Other Donors’ Activities
5.1 The World Bank and IMF
5.1.1 List of the Active World Bank Projects in Georgia
Projects under implementation
Commitment
(US$ million)
Develp’t. Objective
Impl.
Progress.
Approval Date
Signing Date
Closing Date
Social Investment Fund
25.0
S
S
12/11/97
06/05/98
12/31/03
Primary Health Care Dev.
20.3
S
S
08/01/02
05/06/03
12/31/07
Education 1 (APL)
25.9
S
S
03/20/01
12/03/01
06/30/05
Social Investment Fund 2
15.0
S
S
05/15/03
08/29/03
09/30/07
Roads Project
40.0
S
S
05/25/00
01/31/01
12/31/04
Electricity Market Supp.
27.4
S
S
05/03/01
09/26/02
12/31/05
Energy Transit Institution
9.6
S
S
03/13/01
11/19/01
07/31/05
Municipal Development 2
19.4
S
S
08/01/02
02/19/03
06/30/06
SAC3
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