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  • ‘Public Sector Finance’

    • Full-time
    • 2 years
    • RU
    • 350 000 RUB
  • Entrance exams

    • Economic Theory
    • Foreign language (English, Chinese, German, French, Spanish)

Program description

The program “Public Sector Finance” is implemented by the faculty of the Department of Public Finance, which has a unique long-term experience in teaching, research and expert activities in the field of public sector finance. 

Our graduates take leading positions in financial bodies and other bodies of state power not only in Russia, but also in many countries all over the world.

You have a unique opportunity to get acquainted with the dynamic processes of modern transformations in public finance, participate in implementing research projects, commissioned by federal executive authorities and state extra-budgetary funds, prepare publications in peer-reviewed journals, and get an internship in financial and treasury and other government agencies.

Program managers

Markina Elena Valentinovna

  • Professor, PhD in Economics.
  • Vice-Rector.
  • Honorary Worker of Higher Professional Education of the Russian Federation, Corresponding Member of the Russian Academy of Economic Sciences and Entrepreneurship; member of the Academic Council of the Financial University; member of the Expert Council on Budget Accounting of the Institute of Professional Accountants of Russia; member of the Editorial Board of the journals “Finance and Credit" and “Bulletin of the Financial University", Chairman of the Public Council of the Federal Treasury, well-known scholar in the field of public sector finance.

Upon completion of the program, graduates will be able to

  • Apply financial management tools in the public sector;
  • Substantiate and make financial, economic, and managerial decisions in professional activities, or when developing a strategy and financial policy both at the level of individual organizations and public legal entities;
  • Evaluate the effectiveness of government programs and government spending;
  • Generate and analyze budget, financial and statistical reports in the public sector, draft budgets of public legal entities, justifications of budget allocations, and budget estimates;
  • Apply regulatory legal acts when justifying and implementing decisions in the field of public sector finance; develop proposals for improving regulatory legal acts;
  • Solve practical and research tasks both in the activities of financial authorities, various institutions and the infrastructure of the financial market, and at the level of the Russian and global financial market, public legal entities.

Key disciplines of the concentration

Financial Management for Budget Funds Administrators

This discipline is dedicated to modern financial management tools of budget administrators and quality of financial management in the public sector.

Civil Service and Municipal Services

It is aimed at mastering the qualification requirements for state and municipal employees in the Russian Federation.

Modern Budget Reforms

Students analyze tendencies of budgetary reforms in Russia and foreign countries including budgetary systems, budgetary processes, and organizations of the budgetary sector. 

Sovereign Fund Management

Reveals modern scientific ideas about the role of sovereign funds, their classification, as well as the peculiarities of the formation and use of the National Welfare Fund in the Russian Federation and other sovereign funds according to the international classification.

Treasury Technology of Budget Execution

Students study modern trends of introducing single treasury account technologies for the entire public administration sector. 

Accounting and Reporting in Public Administration

This discipline allows the development of knowledge and skills in the field of accounting and reporting in conditions of implementing international standards for the public administration sector. 

Career

In 2-3 years after their graduation, our graduates take positions of chief specialists, consultants, advisers, deputy heads and heads of structural units of the Ministry of Finance of Russia, the Federal Treasury, financial and control units in federal executive bodies.

Organizations where you can find a job

Unique advantages of the program

Leading practitioners of the Ministry of Finance of the Russian Federation, the Federal Treasury, employees of the Institute of the Russian Academy of Sciences, the FRI, along with faculty of the Department of Public Finance, conduct classes and supervise the scientific work of our graduate students.

Graduate students receive unique practice-oriented knowledge in the field of developing and executing budgets of public legal entities based on program and project principles, and the use of financial management tools in the public sector.

The strategic partners of the program are the Ministry of Finance of the Russian Federation and the Accounts Chamber of the Russian Federation.

Graduate students have internships at the Ministry of Finance of the Russian Federation, the Treasury of the Russian Federation, the Accounts Chamber of the Russian Federation, the Bank of Russia, financial units of federal government bodies, regional financial bodies, etc.

100% of alumni are employed, have extremely positive feedback from employers, many alumni continue their studies at the postgraduate school of the Financial University.