Azerbaijan Republic Social Protection Development Project
The project is on the Design and Implementation of Virtual
Enterprise (a Practice Firm) Project supported by the Ministry of Labor and
Social Protection of the Population of Azerbaijan Republic and funded by World
Bank. According to the general idea of the project, a Central Office and
Practice Firms have been established in Azerbaijani universities, namely at
Khazar University and Azerbaijan State Economic University. The Central Office
located at Khazar University is administered by Economics and Management Department
and responsible for overall management and operation of the Azerbaijan practice
firm network. Practice Firms will assist young graduates and/or senior students
to improve interactive learning, obtain and develop business skills. The whole
concept of the Practice firm is to introduce the students to daily business
life and the reality of the labor market.
The European partner of the project is EUROPEN-PEN INTERNATIONAL, a network of practice firms worldwide with over 7.500 practice firms in 42 countries. The staff of Pen International has extensive experience in setting up Practice Firms in countries like Romania, Bulgaria, Slovenia, Czech Republic, Croatia, Lithuania and Argentina. It also supported its Austrian member ACTIF in the setting up of practice firms.
Dr. Jeyhun Mammadov
Central Office General Manager