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  • ‘Economics and Finance’

    • Online
    • 4,5 years
    • RU
    • 150 000 RUB
  • Entrance exams

    • Maths | Social Studies | | History | Сomputer Science | Foreign language (English, German, French, Spanish, Chinese)
    • Russian Language

Program description

The program “Economics and Finance” embodies more than a century-long history of the Financial University and its scientific schools. When teaching students, special attention is paid to the convergence of theory and practice of the organizing and managing finances of the state and non-state sectors of the economy, the financial market, banks,  and insurance organizations.

Scientific work is an obligatory component of the educational process and is conducted in relevant areas of modern research in various areas of finance development, allows students to prepare scientific publications, reports at conferences, take prizes at competitions, and Olympiads.

Scientific work is an obligatory component of the educational process, it is conducted in relevant areas of modern research in various areas of finance development, allows students to prepare scientific publications, reports at conferences, take prizes at competitions, and Olympiads.

Accreditation and Partners

Concentrations

State and Municipal Finance

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About the concentration:

The concentration “State and Municipal Finance" helps students obtain theoretical and practical competencies in the field of state and municipal finance. The educational process is based on the results of modern scientific research in the field of public sector finance, best practices for implementing the principles of effective and responsible management of state and municipal finance, and the continuation of traditions established at the Financial University.

  • Key disciplines of the concentration:
  • Public Sector Finance;
  • Budget Process;
  • State and Municipal Revenues;
  • State and Municipal Expenses;
  • Financial Mechanism of Public Procurement;
  • Social Security.

Career

Graduates hold senior positions in federal and regional authorities, and large companies. In particular, our graduates work as managers, deputy heads of departments, heads of departments, leading advisers, advisers in the Ministry of Finance of Russia, Federal Treasury, Gokhran of Russia and other federal authorities, and Skolkovo Foundation.

Financial Markets and Banks

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About the concentration:

We train specialists in financial markets for non-bank financial organizations, commercial banks, non-bank credit organizations, monetary and financial market regulatory authorities, and financial departments of companies of various profiles. When developing the program, the requirements of professional standards were taken into account: “Securities Market Specialist", “Financial Consulting Specialist", “Payment Systems Specialist", “Microfinance Operations Specialist", “Corporate Lending Specialist", “Collateral Specialist", and others.

Key disciplines of the concentration:

  • Banking;
  • Macroeconomic Analysis and Regulation of the Banking Sector;
  • Taxation of Organizations in the Financial Sector of the Economy;
  • Modern Payment Systems and Technologies;
  • Financial Information Processing Technologies;
  • Digitalization, Fintech and Innovation in Financial Institutions.

Career

Our graduates work in commercial banks, investment companies, banks, and real sector enterprises as analysts, portfolio managers, traders; risk managers, developers of company financing programs; corporate finance specialists (including mergers and acquisitions); specialists in the development of new financial products; specialists of various divisions of commercial banks, and etc.

Program managers

Anton Germanovich Siluanov

  • Doctor of Economics
  • Minister of Finance of the Russian Federation, Member of the Academic Council of the Financial University, Dean of the Faculty of Finance
  • In 1985, Prof. Siluanov graduated from the Faculty of Finance and Economics of the Moscow Financial Institute with a degree in Finance and Credit.
  • Upon graduation, worked for the Ministry of Finance of the Russian Soviet Federative Socialist Republic.
  • 1997-2003 – Head of the Department of Macroeconomic Policy and Banking, Ministry of Finance of the Russian Federation    
  • From 2003 – Deputy Minister of Finance of the Russian Federation.
  • On December 16, 2011, Anton G. Siluanov was appointed Minister of Finance of the Russian Federation.
  • Anton G. Siluanov was awarded the Order for Merit to the Fatherland IV class and Medal of the Order 1st class.

Upon completion of the program, graduates will be able to

  • Use skills for making managerial decisions in the field of cash flows.
  • Comprehensively analyze the sphere of finance, financial transactions, financial systems, financial resources, and financial crises.
  • Predict financial risks and manage them competently, use tools to optimize financial risks and justify effective management decisions.
  • Competently apply knowledge in the state’s tax system.
  • Apply insurance technologies in business processes as well as develop insurance products.
  • Use application software when solving professional tasks.

Key disciplines of the concentration

Public Sector Finance

The discipline forms the knowledge and analytical skills necessary for managing financial resources in the public sector and financial decision-making by institutional units of the public sector.

Corporate Finance

The purpose of the discipline is to form modern knowledge in the field of corporate finance and financial markets, disclosure and interpretation of financial information, as well as to acquire managerial decision-making skills in the field of cash flows.

Taxes and the Tax System of the Russian Federation

Students study the causes of taxes, the historical process of turning taxes into the main source of state income, and the economic nature of taxes and their purpose.

Financial Risks

The students consider theory and practice of financial risk management: types of risks, methods of their identification, analysis and evaluation, factors of occurrence, tools for optimizing financial risks and justifying effective management decisions.

Insurance

The discipline is aimed at forming students’ holistic understanding of the theory and practice of insurance activities, the functioning of the insurance market and insurance organizations, insurance technologies and business processes, and the development of insurance products.

Finance

Students study the content of finance, financial transactions, financial system, financial resources, financial crises, professional ethics, and functional foundations of financial management.

Financial Markets

The discipline is aimed at gaining knowledge about financial markets, financial institutions, financial instruments (securities and derivatives) and the risks accompanying the functioning of financial institutions and instruments.

Economic Analysis

The discipline is aimed at forming a holistic view of economic analysis as the most important function of managing organizations. Students get the understanding of the basic methods of economic analysis and their application at different stages of the process of developing and making managerial decisions. They obtain practical skills in analyzing and evaluating various areas of production, economic, financial and investment activities of the organization.

Financial Asset Portfolio Management

The discipline aims to form a theoretical basis for building various options for investment portfolios, including all stages from the formalization of the problem statement to the definition of model parameters and interpretation of the results obtained.

Career

The online bachelor’s degree in Economics and Finance prepares highly qualified personnel – the future economic elite. Graduates hold senior positions in federal and regional authorities, and large companies. In particular, our graduates work as managers, deputy heads of departments, heads of departments, leading advisers, advisers in the Ministry of Finance of Russia, Federal Treasury, Gokhran of Russia and other federal authorities.

Organizations where you can find a job

Unique advantages of the program

Experts from leading Russian and foreign banks, the Bank of Russia, the Ministry of Finance of the Russian Federation, investment companies, and stock exchanges actively participate in the educational process.

New technologies are applied in the educational process (interactive lectures, brainstorming, financial quests, creative tasks, case studies, panel discussions, etc).

Students have internships at the Ministry of Finance of the Russian Federation, the Federal Treasury, the Ministry of Economic Development of the Russian Federation, state extra-budgetary funds, the Accounts Chamber of the Russian Federation, control and accounting bodies of the subjects of the Russian Federation, large commercial organizations, banks and other financial institutions.

Our graduates hold senior positions in federal and regional government bodies, large companies, investment companies, work as managers, deputy heads of departments, heads of departments, leading advisers, advisers in the Ministry of Finance of Russia, the Federal Treasury, and the Skolkovo Foundation.

The training program is conducted completely online (you do not need to come to the campus to attend classes). You will be able to study online from anywhere in the world. You will need to come to the University only at the end of your studies to pass the State Final Examination.

Graduates of specialized colleges receive a reduced individually tailored curriculum which takes up to 3 years.