• ‘Business Valuation and Corporate Finance’

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

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

Program description

The program is aimed to gain theoretical knowledge and practical skills of cost consulting for making investment and financial decisions in business. Students get the skills of conducting independent empirical and analytical research, which allows them to prepare presentations, analytical notes and scientific articles. Graduates of the program gain teamwork and leadership skills, which provide an inherent competitive advantage. The possibility of obtaining an international certificate of the Royal Institution of Chartered Surveyors (RICS). The program has professional and public accreditation of the Financial Markets Association “Council for Professional Qualifications Development” with the professional standard confirmed: Specialist in Evaluation Activities.

Accreditation and Partners

Program managers

Fedotova Marina Alekseevna

  • Doctor of Economics.
  • Head of the concentration “Corporate Finance and Business Analytics", Professor of the Department of Corporate Finance and Corporate Governance.
  • Authored more than 200 scientific papers, such textbooks as “Corporate Finance", “Business Valuation in the Digital Economy", “Valuation of Intangible Assets and Intellectual Property", heads research projects, including on the valuation of digital financial assets.

Upon completion of the program, graduates will be able to

  • Use modern concepts in the field of asset valuation, business and corporate finance to build a business development strategy.
  • Use modern models and information technologies to solve analytical and research tasks related to the valuation of real estate, intellectual property, credit and non-credit financial organizations, and business.
  • Evaluate the investment effectiveness and financial decisions considering risks, standard methods and models, modern computer programs.
  • Use modern technical means and information technologies to solve analytical and research problems in the field of valuation and corporate finance.
  • Apply innovative technologies, methods of system analysis and modeling of economic processes in setting and solving economic problems.
  • Manage economic risks, investments, financial flows based on the integration of knowledge from related fields.

Key disciplines of the concentration

Asset Valuation and Business

The discipline forms an integrated approach to the assessment of various assets – real estate, machinery and equipment, construction in progress, inventories, accounts receivable, etc., as well as blocks of shares, shares as part of packages.

Modern Technologies in Valuation in Corporate Finance (Advanced Level)

The discipline is aimed at studying modern valuation technologies and mastering ways to use them to solve urgent problems of corporate finance management, considering modern capabilities of information and analytical systems.

Cost Estimation in Project Analysis and Project Financing

The discipline is aimed at forming a system of skills for students to use various methods and tools of cost estimation in project analysis and project financing.

Intellectual Capital of Corporations: Assessment and Management

The discipline is aimed at forming the foundations of management of intangible assets, production and studying the features of intellectual capital and production process technologies in knowledge-intensive and high-tech industries.

Cost Concepts and Pricing Features in Modern Markets

The discipline is aimed at developing skills in pricing policy, considering industry specifics and the use of valuation tools in the framework of pricing.

Behavioral Finance Tools and Technologies

The discipline is aimed at developing skills in the use of modern tools and technologies, methods of conducting behavioral research in finance.


The need for highly qualified financial economists with a dominant background in corporate finance and business valuation exists in various institutional structures:

  • in analytical, economic, financial, investment services of companies in the real sector of the economy;
  • in analytical departments of investment companies and private equity funds, investment departments and corporate finance departments of banks;
  • in consulting companies, providing strategic and financial consulting, including valuation services;
  • in valuation companies engaged in the valuation of businesses and various types of assets.

Organizations where you can find a job

Unique advantages of the program

Classes are held with the involvement of experts in the field of value consulting and corporate finance from the Association of Investment and Financial Analysts, the Association of Corporate Treasurers, Self-Regulatory Interregional Association of Appraisers.

The strategic partners of the program are the Association of Investment and Financial Analysts, the Association of Corporate Treasurers, Self-Regulatory Interregional Association of Appraisers.

Graduates of the program can take a professional exam for the RICS and CFA certificate.

Our alumni receive practice-oriented knowledge in the field of investment and financial decision-making based on valuation.

Our alumni get internships at leading manufacturing enterprises (Russian Railways, Lukoil, Roscosmos, Rosatom), banks (Sberbank, Raiffeisenbank, Unicredit Bank) and consulting companies Russaudit, PWC, E&Y, KPMG, etc.