The program provides training of specialists of the financial market, the core of which is the securities and derivatives market. Being closely connected with all other segments of the financial market, this market accumulates the results of information technology and society’s innovative achievements, demonstrating the expansion of traded instruments, the complexity of their designs, and the new trading technologies’ implementation. Since the late 80-s of the twentieth century, financial engineering has been rapidly developing as a new direction in financial markets based on securities and derivative transactions. Its main content is the construction of complex financial products for risk management, liquidity and profitability, the creation of new financial instruments, stock market segments and combined investment strategies in accordance with the structure of demand presented by clients of investment and commercial banks. An integral part of financial engineering is the securitization of traditional banking and insurance products, the creation of financial instruments’ unique compositions based on their risk, profitability and liquidity that meet the characteristics and market interests. The securities and derivatives market is a high-tech market in which only professionals with analytical thinking, the ability to financial creativity, the ability to freely apply knowledge in financial mathematics, information technology and international finance are able to work successfully.
The discipline deepens and expands basic theoretical and applied knowledge of organizing the securities’ market participants' activities, on developing and implementing modern technologies in their activities.
The study of the organization and functioning of the foreign financial markets, the qualitative and quantitative characteristics of their development, the instruments applied to them, the participants, the existing systems of state regulation.
Formation of practice-oriented knowledge about organizational, economic, and technological aspects of Moscow Stock Exchange markets.
The purpose of the discipline is to form a system of knowledge on how to apply fundamental and technical analysis in making investment decisions in capital management in financial markets.
Students will know more about functioning of the derivative financial instruments’ markets, quantitative and structural characteristics of the derivatives market and modern models of their pricing.
Students will acquire knowledge and skills in designing complex financial products for risk management, liquidity and profitability, creation of new financial instruments, development of combined investment strategies.
Students successfully work in companies-professional participants in the financial market: investment companies: Renaissance Capital, Finam, BrokerCreditService, Alor, Gazprombank, Beber, Alfa-Bank, Rosbank, etc., on the Moscow Stock Exchange, in financial departments of companies which are actively engaged in issuing and investing activities by analysts, portfolio managers, traders, risk managers, developers of company financing programs, corporate finance specialists (including mergers and acquisitions), specialists in the new financial products’ development.
The professional activity of master’s degree students is aimed at analyzing socio-economic processes and phenomena, identifying trends in economic development, modeling and forecasting the processes under study, organizing, and conducting scientific research, including statistical surveys and surveys, searching for information, collecting and analyzing arrays of economic data in accordance with the professional task.
This program provides training for specialists of the financial market, which is based on the securities and derivatives market.
The program is implemented by the Department of Financial Markets and Banks in partnership with the Moscow Exchange MICEX-RTS with the involvement of the exchange, banks, investment companies, the Bank of Russia with extensive experience in the industry.
While studying, information and legal systems available at the FinU (Bloomberg, Thomson Reuters, Ruslana, Spark, Consultant +, Garant, etc.) are widely used online trading game modules.
Students practice at the Moscow Stock Exchange, the Bank of Russia, NP RTS, commercial banks, investment companies (in particular, Finam, Alor), self-regulatory organizations (NFA, NAUFOR, Association of Bill Market Participants)
