Students of Skolkovo School of Management work in this Sept. 22 photo during a class in the five-star Baltschug Kempinski hotel where the school is temporarily based, just across the Moskva River from the Kremlin. Some of Russia’s wealthiest magnates in 2006 founded a different kind of business school: one that would prepare managers for the bruising world of emerging economies, where companies may confront weak laws, corrupt courts and predatory bureaucrats.

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