Madis Habakuk has received a Doctoral degree in Economics from the Economics Institute of the Academy of Sciences in 1980. During 1978-1988 Madis worked as a manager of Economics department of the EMI. Since 1988, he has been active in Estonian Business School as a professor, president and principal. Madis is a member in the entrepreneurship club of Silicon Valley, in the Club of Masters, in the editing board „Problems and Methods in Management” and in European Association for International Education. He is also in the supervisory boards of CEEMAN (Central and East European Management Development Association) and Riga International School of Economics and Business Administration. Professor Habakuk has been nominated as the honorary doctor in San Francisco Graduate School of Psychology and since 1998, he has been in the publication Who is Who in Professionals.