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History of the Financial University
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History of the Financial University

The century-long history of the Financial University under the Government of the Russian Federation is a story of continuous growth and active efforts by multiple generations of highly skilled professionals.

Last year, the Financial University celebrated its 105th anniversary since its founding. Over the years, it has remained a leading institution in education, continuously opening new horizons for future generations!

In 105 years, the University has:

  • Carried forward an era filled with remarkable events, distinguished alumni, and significant contributions to the development of the country’s economy and financial sector.
  • Graduated over one million alumni who continue to contribute to Russia’s growth and strengthen its position on the international stage.
  • Become a symbol of resilience, tradition, and an unwavering pursuit of knowledge.

Our History

October 31, 1918 – Moscow Institute of Economics and Finance was established by the People's Finance Commissar.

March 2, 1919 – The institute was officially opened.

  • Training specialists in cash management, budgeting, taxation, and economic development was successfully implemented.

Free education and continuous learning processes were introduced

Our History

  • 1931 – Moscow Accounting and Economics Institute of the State Bank of the USSR (MUEI) was established.
  • 1934 – MUEI was reorganized into the Credit and Economic Institute (MKEI).
  • 1935 – A pivotal moment in the University’s history, with the creation of new academic departments.
  • September 17, 1946 – MFEI and MKEI were merged to form the Moscow Finance Institute (MFI).

Our History

  • Post-war development of MFI: faculties and departments were established, curricula were developed, and textbooks were published.
  • 1947 – The Charter of MFI was adopted.

Our History

  • 1991 – MFI was transformed into the State Finance Academy.
  • 1992 – Renamed as the Finance Academy under the Government of the Russian Federation.
  • International recognition and collaboration with universities abroad.

Our History

  • 2010 – Renamed as the Financial University under the Government of the Russian Federation.

Financial University Museum

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The museum's origins date back to 1939, when the leadership of the Moscow Credit and Economic Institute of the State Bank of the USSR (MKEI) decided to create a numismatic collection to illustrate the history of credit and monetary relations, as well as the role of money in the economy.

The core of the exhibit features authentic items that reflect the history of currency circulation in Russia during that period: wallets, coin purses, stationery, books, photographs, pre-revolutionary Russian securities from the early 20th century, banknotes from Imperial Russia at the end of the 19th and early 20th centuries, treasury notes from the Provisional Government, banknotes and paper money from White Guard governments during Russia’s Civil War, as well as Soviet and modern Russian currency.

The museum’s exhibits are not static or permanently fixed; instead, they are subject to ongoing expansion in both chronological scope and thematic content. The goal is to continually enrich and illustrate Russia’s financial history through new acquisitions and displays

Photo Gallery

Prominent Individuals and Faculty

Stanislav E. Prokofiev

Stanislav E. Prokofiev

Rector of the Financial University under the Government of the Russian Federation

Alla G. Gryaznova

Alla G. Gryaznova

First Rector of the Finance Academy under the Government of the Russian Federation

Mikhail A. Eskindarov

Mikhail A. Eskindarov

First Rector of the Financial University under the Government of the Russian Federation

Derenik A. Allahverdyan

Derenik A. Allahverdyan

Soviet scholar, Doctor of Economics, Professor, taught during 1946–1947

Lev A. Kadyshov

Lev A. Kadyshov

Soviet scholar, PhD in Economics, Professor, taught during 1947–1957

Pavel F. Ipatov

Pavel F. Ipatov

Soviet scholar, Doctor of Economics, Professor, taught during 1957–1985

Vladimir S. Bard

Vladimir S. Bard

Soviet and Russian scholar, Doctor of Economics, Professor. Author and co-author of over 50 publications, taught during 1985–1988

Oleg V. Golosov

Oleg V. Golosov

Soviet and Russian economist; Doctor of Economics, Professor, Full Member of the Russian Academy of Natural Sciences, taught during 1988–1992

Boris M. Smityenko

Boris M. Smityenko

Soviet and Russian scholar, international economist, Honored Worker of Higher Education of the Russian Federation, Doctor of Economics, Professor, taught during 2006–2011

Nelli M. Rozina

Nelli M. Rozina

PhD in Pedagogy, author of over 60 scientific works, taught during 2011–2017

Наша история

●        October 31, 1918 – Moscow Institute of Economics and Finance was established by the People's Finance Commissar

●        March 2, 1919 – The institute was officially opened

●        Training specialists in cash management, budgeting, taxation, and economic development was successfully implemented

●        Free education and continuous learning processes were introduced

Наша история

●        1931 – Moscow Accounting and Economics Institute of the State Bank of the USSR (MUEI) was established

●        1934 – MUEI was reorganized into the Credit and Economic Institute (MKEI).

●        1935 г. – A pivotal moment in the University’s history, with the creation of new academic departments.

●        September 17, 1946 – MFEI and MKEI were merged to form the Moscow Finance Institute (MFI).

Наша история

●        Post-war development of MFI: faculties and departments were established, curricula were developed, and textbooks were published

●        1947 - The Charter of MFI was adopted.

Наша история

●        1991  – MFI was transformed into the State Finance Academy.

●        1992 г. – Renamed as the Finance Academy under the Government of the Russian Federation.

●        International recognition and collaboration with universities abroad.

Наша история

●        2010  – Renamed as the Financial University under the Government of the Russian Federation.

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