This paper reviews researches in talent management (TM) field and its implications for emerging markets’ context. We argue that there is necessity to investigate the extent to which multinational corporations from BRIC countries adopt TM practices and identifies factors influencing TM in Russia, China, India and Brazil. The paper aims to analyze theoretical background for TM to reveal the main directions of a comparative analysis of differences and peculiarities in talent practices in BRIC multinationals, the paper explores and provides a number of ideas and conclusions about TM challenges and talent practices in different emerging market contexts as a direction for further research.