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Moscow Finance-Law University. Kaliningrad Branch

The Moscow Finance-Law Academy is a non-state accredited higher education establishment. It was founded in 1990. There are 50 branches and representations in different regions of Russia. In December 2010 the Academy was given a status of a university. About 60 000 students are currently enrolled. The University provides both secondary and higher professional education.

The Kaliningrad Branch of the Moscow Finance-Law University was founded in 1997. The building of the University is situated in the centre of the town. It`s address is 3, Yermaka Street.

There are two faculties at the University Economic and Law. Admission to the University is by Federal Certificate Exams (FCE) and admission tests. There are two departments at the University day (full-time) department and correspondence courses.

The term of studies at the University is 3 or 6 years. There are two terms in the academic year. The students study different general and special subjects such as History, Mathematics, Russian and foreign languages, Economics, Finance and Credit and others. At the end of each term the progress of the students is tested by the examinations.

The students at the Finance-Law University have all conditions for getting a good education. There are many qualified teachers and professors who give students lectures and provide them with general and cultural education.

There are specially equipped classrooms, lecture-halls, two computer classrooms, library and gymnasium (gym) which are effective for proper training. There is also a café. The food there is tasty and prices are reasonable.

They pay great attention to sports. Sport competitions are often held at the University. The students take active part in the social life of the University. They organize different contests, Faculty Day, hold charity actions, etc. There is also a quick-wits club.

The Kaliningrad Branch of the Moscow Finance-Law University has everything necessary to become one of the leading educational establishments in Russia. After graduating from the University students get a diploma and become qualified specialists. Solid background gives the opportunity for getting promising and well-paid job.

 

Vocabulary

1. non-state

2. accredited

3. higher education establishment

4. branch

5. representation

6. be enrolled

7. both and -

8. admission

9. Federal Certificate Exams (FCE)

10. admission test

11. department

12. day (full-time) department

13. correspondence courses

14. gymnasium (gym)

15. training ()

16. reasonable ,

17. pay attention to

18. to hold (held)

19. contest

20. charity actions

21. quick-wits club

22. solid background

23. opportunity

24. promising

25. well-paid job

 

. 4. .

1. When was your University founded?

2. How many branches are there at the University?

3. How many students are enrolled?

4. What is its address?

5. How are students admitted to the University?

6. How many faculties are there at the University?

7. What is the term of studies?

8. How many terms are there in the academic year?

9. What subjects do the students learn?

10. How is the progress of the students tested?

11. What are the facilities ( ) of the University?

12. What opportunities does the University give to its graduates?

 

 

Unit 3. BUSINESS MATTERS

 

Ex. 1. Read the text and answer the questions.

What is Business

Business is not an easy thing. Its rather a difficult kind of human activity. It has many important elements such as money, taxes, customers, transport, banks and others. There are two general types of business: small business and big business.

Why do people do business? Why do they like small business? People do business by producing goods or providing services. They buy and sell goods. They do business for a profit. If you ask What business is good?, the answer will be: All business are good.

Production of goods is very profitable; provision of different services is profitable too. Communications are a good business too, for example, telephone, telegraph and mail services. Financial services, for example, banking and insurance work very well, too.

So, people do different types of business for a profit. Doing business has become very popular everywhere. For example, the whole families in America run small business now. At present it is very popular to be a businessman or a businesswoman. It should be noted that women, like men, successfully run a firm or a company, they prove to be good bank managers or shop keepers.

Briefly speaking, doing business is a comparatively new and perspective tendency in modern life.

There are three main types of business: a sole trader (you alone have responsibility for the business and you take all profits after paying income tax on them); a partnership (a group of between 2 or twenty people trade, as one firm, and share responsibility for debts, decision-making and the profits); a limited company (a company formed by two or more shareholders who put money into the business in return for a share of the profits).

 

Vocabulary

  1. to do business
  2. to run business ,
  3. to produce goods
  4. production of goods
  5. by producing goods ( )
  6. to provide services
  7. by providing services ( )
  8. a profit
  9. insurance
  10. shop keeper- .
  11. comparatively
  12. perspective
  13. human activity
  14. customers
  15. communications
  16. a sole trader
  17. responsibility for -
  18. income tax
  19. partnership
  20. to trade
  21. to share ; share ; shareholder
  22. debt
  23. to make decision - ; decision-making
  24. limited company
  25. to put money into; to invest

like men

successfully

they prove to be good managers

in return for -

 

Answer the questions:

1. Is business an easy or a difficult kind or human activity?

2. What types of business do you know?

3. Why do people like small business?

4. For what purpose do people do business?

5. In what two forms do people do business?

6. What business do you think is good?

7. What main services do you know?

8. Are production of goods and provision of services profitable?

9. Has doing business become very popular everywhere nowadays?

10. Do women, like men, successfully run a firm or a company?

11. Do women prove to good bank managers or shop keepers?

12. Is doing business a new and perspective tendency in modern life?

13. Do you prefer to work as a sole trader, a partnership or a limited company?

 





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