Experienced lecturer with 18 years of teaching undergraduate, graduate (MBA) and executive courses at leading universities and colleges in Cyprus and abroad. Demonstrated high evaluation results and excellent teaching skills with the ability to adapt to the competitive international environment. Current teaching covers Financial Management, Advanced Corporate Finance, Financial Risk Management, Finance for Non-Financial Managers. Extensive record of publications: 2 books and 50 articles in academic and business journals. 2 years of experience in blended learning and developing online courses.

EDUCATION

Ph. D. in Economics (1995), MGIMO-University*, Moscow (Russia). Diploma of the CANDIDATE OF ECONOMIC SCIENCES recognized by the Cyprus Council for the Recognition of Higher Education Qualifications (KY.S.A.T.S.) as equivalent to the Doctoral Degree.

Bachelor’s and Master’s degree in Economics (1992), MGIMO-University*, Moscow (Russia). Diploma with Distinction of the ECONOMIST FOR INTERNATIONAL ECONOMIC RELATIONS (5-year course) recognized by the Cyprus Council for the Recognition of Higher Education Qualifications (KY.S.A.T.S.) as equivalent and correspondent to the Ptyhion – Degree of University level.

* MGIMO-University (Moscow State Institute of International Relations) is one of the oldest and most reputable state accredited universities in Russia. The majority of Russian ambassadors are its graduates. The School is also well-known in the fields of Economics, Finance and Business.

For detailed information on MGIMO-University: http://www.english.mgimo.ru.

TEACHING EXPERIENCE

November 2011 - till now – Assistant Professor in Finance and Director of Blended Learning at CIIM (Cyprus International Institute of Management)

Courses taught:

- Corporate Finance MBA/MPSM (Blended course)

August 2010 – till now - Online Course Developer and Online Instructor in Finance (MBA) at University College Plymouth, St Mark & St John (UK)

In charge of MBA online courses for www.marjon-online.com (Marjon, UK, in partnership with Intercollege, Cyprus): Financial Management, Advanced Corporate Finance, Financial Risk Management, Portfolio Analysis, Working Capital Management.

August 2011 – October 2011 - Lecturer in Finance (MBA), International Collaboration Program, at University of Greenwich (UK)

Course leader of Financial Management FINA1074 at Intercollege Larnaca (International Collaboration Program)

October 2005 – October 2011 - Part-time Finance MBA lecturer at INTERCOLLEGE LARNACA

Courses taught:

- Financial Management MBA-622 (a course in Corporate Finance for MBA students)

- Financial Risk Management MBA-723 (a course for MBA students in Finance specialization)

- Advanced Corporate Finance MBA-728 (a course for MBA students in Finance specialization)

Additional activities:

- MBA Thesis supervision

October 2002 – October 2011 – Part-time lecturer in Finance at CIIM (Cyprus International Institute of Management)

Courses taught:

- MBA Finance Induction (an introductory course in Accounting and Finance for MBA students which precedes the main Corporate Finance course

- Finance for Non-Financial Managers (an Executive Development Seminar in Accounting and Finance)

- Financial Tools & Risk Management (a short course as a part of the Young Managers programme “Starting Your Own Business”)

- Financial Planning and Methods of Project Evaluation (a short course as a part of the Young Managers programme “Project Planning”)

- Financial Planning (a short course as a part of the Young Managers programme “Sustainable Family Business Development”)

- Financial Planning & Project Evaluation (a short course as a part of the Young Managers programme “Project Planning and Management”)

- Managing Risks in Deregulated Markets (a short course as a part of the Young Managers programme “Economic Deregulation and Open Markets”)

- Managing Risks in Business (a short course as a part of the Young Managers programme “Entrepreneurship and Innovation in Business”)

Additional activities:

- MBA Thesis supervision

1995 - 2001 - Senior lecturer at the Department of Management and Marketing of MGIMO-University (Moscow State Institute of International Relations), Moscow, Russia

Courses taught:

- Futures and Options Trading ( a course for the 4^th year students)

- Financial Derivatives (an optional course for the 4^th and 5^th year students)

- Strategic Planning (a course for the 3^rd year students)

- International Business (a course for the 3^rd year students)

- Managing financial risks as practiced in foreign and Russian companies (as a part of the course on International Business Practice for the 5^th year students)

- Financial Planning (as a module in the Strategic Marketing course for the students of the Institute of Business and Business Administration of the Academy of National Economy of the Russian Government)

Additional activities:

- Final Thesis supervision

Other appointments:

- Academic Member of the State Examination Commission of the Department of International Economic Relations of MGIMO-University (1998 – 2001)

- Secretary of the State Examination Commission of the Department of International Business and Business Administration of MGIMO-University (1998 – 2001)

1992 - 1995 – Part-time lecturer at the Department of Management and Marketing of MGIMO-University (Moscow State Institute of International Relations), Moscow

Courses taught:

- Futures and Options Trading ( a course for the 4^th year students)

- International Business (a course for the 3^rd year students)

MAIN TEACHING INTERESTS

Financial Management, Corporate Finance, Finance for Non-Financial Managers, Derivatives (Futures, Options, Swaps, including CDS), Risk Management, Investment/Portfolio Analysis, Ratio Analysis, Financial Planning, Working Capital Management

Currently focused on implementing blended learning methods and developing online courses

WORKING EXPERIENCE

July 1992 - August 1993 - Deputy Director of the brokerage company INCO (working at the newly established Moscow Commodity Exchange)

July 1992 - October 1992 - Commodity broker (working in the Commodity section of the Moscow Commodity Exchange)

October 1992 - August 1993 - Futures broker (working in the Futures section of the Moscow Commodity Exchange, trading currency futures)

In October 1992 I was among 20 brokers who took part in starting the first-ever futures market in Russia.

September 1991 - January 1992 - Economist (as a trainee) with the Marketing and Pricing Department of the state foreign trading company RAZNO, which exported nickel and other precious metals from Russia abroad.

August 1987 - August 1988 – computer operator at the Finance-and-Accounts Department of the state foreign trading company AUTOEXPORT (processing export invoices for LADA cars).

LIST OF PUBLICATIONS

* BOOKS (all in Russian)

1. EXCHANGE TRADING: UNIVERSITY COURSE (1997) in joint authorship with O. I. Degtiariova. Moscow: UNITY Publishing House, 500 pages, 5 thousand copies.

2. MANAGING FINANCIAL RISKS: LOOKING FOR THE OPTIMAL STRATEGY (2000), no joint authors. Moscow: CONSULTBANKER Publishing House, 272 pages, 2 thousand copies.

* ARTICLES IN ACADEMIC AND BUSINESS JOURNALS

In English:

1. Banks keep lucrative business. Financial Mirror (Cyprus), №883, July 14 - 20, 2010, 3 pages.

2. Banks will keep lucrative business. Accountancy Cyprus, №100 September, 2010, 3 pages.

In Russian:

1. New trends in the development of commodity exchanges abroad. The Bulletin of Foreign Commercial Information (BIKI), Moscow, №32, March 25, 1995, 9 pages.

2. Trading in currency and financial instruments on the commodity exchanges of the West. The Bulletin of Foreign Commercial Information (BIKI), Moscow, №42, April 15, 1995, 11 pages.

3. Evolution of trading in currencies and securities on futures exchanges. International Business of Russia, Moscow, №8 (August), 1995, 16 pages.

4. International financial futures markets. Russian Exchange Messenger, Moscow, №3, 1997, 8 pages.

5. Structure of the modern world futures market. Russian Exchange Messenger, Moscow, №4, 1997, 7 pages.

6. “Black Thursday” on the Hong Kong Exchange. Russian Exchange Messenger, Moscow, №5, 1997, 5 pages.

7. The different practices of using futures markets. The Foreign Economic Bulletin, Moscow, №11 (November), 1998, 18 pages.

8. Futures contracts as tools of risk management in commodity markets. Risk Management, Moscow, №3, 1999, 8 pages.

9. Modern futures exchanges. Financial Business, Moscow, №10, 1999, 8 pages.

10. The development of the world currency futures and options markets. Financial Business, Moscow, №2, 2000, 7 pages.

11. The development of the world financial derivatives markets. Financial Business, Moscow, №4, 2000, 7 pages.

12. Strategic marketing and financial planning. Marketing, Moscow, № 2, 2001, 12 pages.

13. The increasing demand for risk management tools. Management of Corporate Finance, Moscow, №1, 2004, 8 pages.

14. Modern world market of risk management tools. Management of Corporate Finance, Moscow, №2, 2004, 11 pages.

15. World markets of exchange-traded derivatives. Management of Corporate Finance, Moscow, №3, 2004, 10 pages.

16. Main rules of a derivatives market. Management of Corporate Finance, Moscow, №4, 2004, 12 pages.

17. Modern market of currency derivatives. Management of Corporate Finance, Moscow, №5, 2004, 15 pages.

18. Modern market of financial derivatives. Management of Corporate Finance, Moscow, №6, 2004, 13 pages.

19. Modern market of stock index derivatives. Management of Corporate Finance, Moscow, №1, 2005, 16 pages.

20. Asset management tools as a special type of derivatives. Management of Corporate Finance, Moscow, №2, 2005, 15 pages.

21. Futures and options on individual equities. Management of Corporate Finance, Moscow, №3, 2005, 12 pages.

22. Derivative markets outside US and Europe: what are the prospects? Management of Corporate Finance, Moscow, №4, 2005, 14 pages.

23. Financial markets: another record year? Management & Manager, Kiev (Ukraine), №7-8 2005, 10 pages.

24. Commodity exchanges in Russia. Part 1: historical development. Management of Corporate Finance, Moscow, №1, 2006, 10 pages.

25. Commodity exchanges in Russia. Part 2: modern period. Management of Corporate Finance, Moscow, №2, 2006, 12 pages.

26. Derivatives markets in Russia. Part 1: period 1992-1998. Management of Corporate Finance, Moscow, №3, 2006, 15 pages.

27. Derivatives markets in Russia. Part 2: period 1998-2006. Management of Corporate Finance, Moscow, №4, 2006, 18 pages.

28. The types of swap agreements and the history of the swap market. Management of Corporate Finance, Moscow, №2, 2007, 20 pages.

29. The world economy through the eyes of an investor: the BRIC countries as the new central players. Management of Corporate Finance, Moscow, № 3, 2007, 16 pages.

30. The accelerating volume growth on derivative exchanges worldwide. Management of Corporate Finance, Moscow, №5, 2007, 20 pages.

31. Typical problems of budget planning and ways to solve them. Management of Corporate Finance, Moscow, №2, 2008, 15 pages.

32. The US financial crisis of September 2008 and its consequences for the world economy. Management of Corporate Finance, Moscow, №6, 2008, 21 pages.

33. Currency derivatives are coming back (part 1). Futures & Options, Moscow, №1-2, 2009, 10 pages.

34. Currency derivatives are coming back (part 2). Futures & Options, Moscow, №3, 2009, 10 pages.

35. World Economic Crisis: looking for the bottom. Management of Corporate Finance, Moscow, №3, 2009, 15 pages.

36. Foreign fixed interest rate derivatives: history and latest developments ( part 1). Futures & Options, Moscow, №6, 2009, 8 pages.

37. Foreign fixed interest rate derivatives: history and latest developments (part 2). Futures & Options, Moscow, №7, 2009, 8 pages.

38. Weather derivatives: the evolution from OTC instruments to exchange-traded contracts. Futures & Options, Moscow, №1-2, 2010, 12 pages.

39. World derivatives market: FORTS is moving up. Futures & Options, Moscow, № 5, 2010, 5 pages.

40. Credit derivatives: there’s no smoke without fire. Futures & Options, Moscow, № 6, 2010, 8 pages.

41. U.S. financial regulatory reform: the derivatives aspect. Management of Corporate Finance, Moscow, № 3, 2010, 14 pages.

42. Currency and interest rate swaps (part 1). Futures & Options, Moscow, № 10, 2010, 8 pages.

43. Currency and interest rate swaps (part 2). Futures & Options, Moscow, № 11, 2010, 8 pages.

44. World derivatives market: preliminary results of 2010. Futures & Options, Moscow, № 12, 2010, 5 pages.

45. Commodity Swaps: Latest trends. Futures & Options, Moscow, № 2, 2011, 7 pages.

46. OTC Derivatives and the U.S. Financial Reform: What Was Taken Away From Investment Bankers ? Futures & Options, Moscow, № 3, 2011, 7 pages.

47. Exchange-Traded Derivatives: Record Volume in 2010. Futures & Options, Moscow, № 5, 2011, 8 pages.

48. The Wave of M&A among Derivatives Exchanges. Futures & Options, Moscow, № 6, 2011, 9 pages.

*STUDENT WORK BOOKS

In English:

1. FINANCIAL MANAGEMENT (MBA-622), Handout materials (2011 latest edition). Cyprus: Intercollege Larnaca, 160 pages.

2. FINANCIAL RISK MANAGEMENT (MBA-723), Handout materials (2011 latest edition). Cyprus: Intercollege Larnaca, 64 pages.

3. ADVANCED CORPORATE FINANCE (MBA-728), Handout materials (2011 latest edition). Cyprus: Intercollege Larnaca, 82 pages.

4. FINANCE MBA INDUCTION COURSE, Handout materials (2011 latest edition). Cyprus: CIIM, 55 pages.

5. FUNDAMENTALS OF FINANCE FOR NON-FINANCIAL MANAGERS, Handout materials (Executive Development Seminar for the staff of EMED Mining company, CIIM, January 18-19, 2010). Cyprus: CIIM, part 1 (lectures) 55 pages, part 2 (questions & problems) 19 pages.

In Russian:

1. FINANCIAL DERIVATIVES (1999). Moscow: MGIMO-University, 145 pages.

2. INTERNATIONAL COMMERCIAL PRACTICE (2001), in joint authorship with Lomakina, Vasilieva, Degtiariova. Moscow: MGIMO-University, 220 pages.

3. STRATEGIC MARKETING – Program, Studies Materials and Tests for External Students of the Institute of Business and Business Administration of the Academy of National Economy of the Russian Government (2001), in joint authorship with Nozdreva, Head of the Department of Management and Marketing of MGIMO-University. Moscow: MGIMO-University, 200 pages.

PARTICIPATION IN RESEARCH CONFERENCES

3^rd International Conference of Management (Moscow, MGIMO-University, February 2000), presentation of the paper The Use of Futures and Options for Managing Financial Risks (Financial Management Section of the Conference).

RESEARCH AREA

In line with my past experience and publications I am interested in pursuing further research in Financial Derivatives, particularly such exchange-traded derivative instruments like financial futures and options on futures. Being traded on organized exchanges with transactions being cleared through an independent clearing system, these instruments provide useful, readily available and totally transparent risk management mechanisms. They lack the many shortcomings of over-the-counter derivatives (OTC options, credit default swaps, etc), which recently have come under severe critics for playing a major role in triggering the modern financial crisis.

Exchange-traded derivatives have been gaining tremendous popularity in the last 20 years all around the world, and especially in Europe, with trading volumes continuing to grow steadily at fantastic rates (20-30%) each year. Even with the impact of the recent financial crisis the overall growth trend was still positive.

Futures contracts are not just tools for financial speculation as some may wish to portrait them. They are significant economic indicators, which provide a clear signal as to where the spot markets are heading. Investors use futures prices as financial forecasts.

COMMENTS FROM STUDENTS’ EVALUATIONS

“Excellent teaching. Very good at explaining clearly.” “She is efficient lecturer and makes the subject interesting which helps us to understand the subject very easily” (Financial Management MBA, Intercollege Larnaca, 2005)

“Good starting material, good practice exercises, video appropriate.” “Very professional. The lesson and teaching method was very helpful and interesting” (Finance MBA Induction course, CIIM, 2008)

“Informative, educational, helpful & enjoyable” (Finance for Non-Financial Managers, Executive Development Seminars, CIIM, 2010)

“The lecturer is very good teacher. She has very good knowledge and experience with this course.” “The course is very interesting. I like it.” (Financial Management MBA, Intercollege Larnaca, 2010)

LANGUAGES SPOKEN

English, Greek, Russian

OTHER ACTIVITIES

Professional Web Page (in English and in Russian) - www.kandinskaya.narod.ru

Twitter account: Olga Kandinskaia @FinanceToBeEasy

Profile on LinkedIn: http://cy.linkedin.com/pub/olga-kandinskaia/3b/4a9/115, member of the groups: E-learning UK, online teaching, Business Academia, Financial Derivatives, Financial Expert’s Club

PERSONAL QUALITIES

Enthusiastic, well-organized, hard-working, efficient, open-minded.

References, copies of Diplomas, KYSATS certificates, publications, recent evaluation results and additional information on research interests are available on request.