• ‘Financial Controlling’

    • Full-time
    • 2 years
    • RU
    • 400 000 RUB
  • Entrance exams

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

Program description

The program is implemented in partnership with the Federal Treasury, the Ministry of Finance of the Russian Federation, the Moscow Chamber of Control and Accounts, the Main Control Department of the City of Moscow, Gazprom-Diagnostics with the involvement of practitioners in the field of state and corporate financial control, internal audit, internal control, and treasury. The program has professional and public accreditation of the Institute of Professional Accountants of Russia and international professional and public accreditation (the accreditor is the National Accreditation Center), which confirms the quality of the educational program and its compliance with the labor market requirements and international standards for the education quality in the European space. Compliance with the professional standards “Internal Control Specialist (Internal controller)”, “Internal Auditor”, “Accountant (Accountant of Public Sector Organizations)” has been confirmed.

Accreditation and Partners

Program managers

Fedchenko Elena Alekseevna

  • Doctor of Economics, Associate Professor, Professor.
  • Deputy Head of the Department “Financial Control and Treasury". Head of the “Treasury Business" educational program. Head of the master's degree program “Financial Controlling".

Upon completion of the program, graduates will be able to

  • Implement strategic, operational and financial controlling in an economic entity;
  • Implement corporate governance tools in the public sector (New Public Management (NPM), New Public Administration, Good Governance);
  • Know methods of management analysis and control, tools of financial and budgetary monitoring, and smart controlling;
  • Organize a risk-controlling system focused on achieving strategic and operational goals through early risk diagnosis;
  • Generate and analyze statistical, operational and technical, accounting, control and analytical information;
  • Develop regulatory legal acts, standards, organizational and methodological documents on accounting, analytical, control and expert activities of an economic entity;
  • Organize internal audit and internal control of an economic entity;
  • Carry out fundamental and applied research, innovation and consulting activities;
  • Apply treasury technologies and liquidity management tools in the public and corporate sectors of the economy.

Key disciplines of the concentration

Controlling in the System of State and Corporate Governance

Students acquire knowledge in the field of conceptual approaches to controlling in the public and corporate sectors, a system of tools, technologies, and processes for ensuring and coordinating the management functions of economic entities. 

Accounting Systems in the Public Sector

The discipline is aimed at the formation of professional competencies in the field of accounting systems for the state of financial and non-financial assets and liabilities, financial results in public sector organizations (state bodies, state commercial and non-profit organizations).

Financial Analysis in the Public Sector

The discipline is aimed at studying the analysis of accounting and settlement information for conducting control and analytical activities in public sector organizations, the development of regulatory legal acts, methodological documents on the analysis of financial and economic activities of state bodies and organizations.

Treasury Systems

The discipline contributes to the acquisition and consolidation of knowledge in the application of treasury technologies at the macro and micro levels, liquidity management tools in the public and corporate sectors of the economy, and support of public procurement.

Control of Public Procurement

The discipline provides for the expansion and deepening of knowledge, skills, and skills in the field of control over state and municipal procurement carried out to meet the needs of public authorities and local self-government bodies.

Tax Controlling

Students will know more about the theoretical and methodological aspects of the organization of tax controlling, as a form of tax flow management, the construction and implementation of an objective system of management tax accounting and reporting, tax risk analysis, the construction of the internal tax control system of organizations. 

Strategic Controlling

The discipline reveals the theoretical and methodological foundations of the use of strategic controlling as a coordinating function of strategic analysis, goal setting, strategy planning and correction, control of the entire system, including the subsystem of strategic information support.

Operational Controlling

Students will know more about the theoretical and methodological foundations of operational controlling aimed at solving the current tasks of the activity of an economic entity, the execution of management decisions and their compliance with the set strategic goals and objectives.

SMART Controlling

The discipline is aimed at developing the skills of using the automated electronic environment of economic entities’ controlling systems for effective management decisions through storage, systematization, and analytical processing of data. 


Students undergo internships in state corporations, executive authorities, control bodies, financial bodies and receive unique practice-oriented knowledge in the field of strategic, operational, and financial controlling. Graduates of the program work in economic, financial, analytical departments and services of state and local government bodies, external and internal state financial control bodies, internal financial audit bodies, financial bodies, treasury bodies, state corporations, enterprises with state participation, organizations of various forms of ownership, including consulting and auditing organizations.

Organizations where you can find a job

Unique advantages of the program

Practice-oriented partner educational program.

The quality of the educational program is confirmed by international professional and public accreditation.

Continuity of specialist training is based on the modern system of continuing education.

Individual trajectory of the educational process.

Cooperation of students and faculty on project and scientific activities.

An effective team of like-minded faculty and staff.