Summary of Degree Programme
38.04.08 Finance and Credit
No
2 years
Full-time, 120 ECTS
ENG
Instruction in English
Master
Yes
With online tools
2024/2025 Academic year
Finance, Corporations and Sustainability
2023/2024 Academic year
Finance, Corporations and Sustainability
- KER-1 Demonstrates knowledge and understands the principles of action in the field of finance, applies them in real life in a global world;
- KER-2 Possesses analytical skills and applies them to solve practical problems, improve business efficiency, improve decisions in society;
- KER-3 Improves "soft" skills and applies them in practice, develops an open and ethically oriented type of thinking, works effectively in a team;
- KER-4 Evaluates investment decisions and the risks associated with them, makes responsible and innovative financial decisions and implements them.
- PC-1 Able to analyze the financial condition of companies and financial institutions;
- PC-2 Able to justify the effectiveness of the investment policy of the company and the financial institution;
- PC-3 Able to make analytical justifications for making managerial decisions;
- PC-4 Able to implement the financial policy of companies and financial institutions;
- PC-5 Able to work in an international team, successfully conduct intercultural communications;
- PC-6 Able to act in accordance with ethical principles in the field of finance.
Module “Major” for first-year master's students: contains 9 mandatory courses, 6 finance-related electives (the set of courses is aimed at key educational results that are relevant to the trajectory “Finance, Corporations and Sustainability”). The sequence of courses is structured so that students progressively study financial disciplines, starting with basic disciplines (bridging courses) and continuing with specialised disciplines in corporate finance. For second-year master's students: contains 3 mandatory courses, 3 finance-related electives (the set of courses is aimed at key educational results that are relevant to the trajectory “Finance, Corporations and Sustainability”).
Module “Key seminars” is important for the development of students’ research and soft skills. It consists of 2 types of seminars:
Research seminar. In the 1st year the focus is placed on the development of students’ research abilities in the broad area of finance, the advancement of their academic writing and presentation skills, as well as managerial and soft skills. The objective of Research Seminars for the 2nd year is to support students in writing their master’s dissertations.
Mentor’s seminar is aimed at the support of students in their personal development, discussing their progress, choice of their individual learning path support. Mentor’s seminar is primarily aimed at the development of students’ analytical and soft skills valid for the future career in finance and business. It is followed by Projects and Work Experience Internship.
The module “Internship” consists of 3 types of internship: Project Internship. In the 1st year of study, students have Course project, which is primarily aimed at the development of their analytical and soft skills valuable for the future career in finance and business.
Professional Internship. In the 2nd year of study students have Work Experience Internship. The goal of the internship is further systematizing and extending of the theoretical and practical knowledge gained in the courses and projects, implementation of students’ skills in practice to solve real business situations
Research Internship. It includes term paper, which students perform in the 1st year, and Master’s Thesis Preparation, which students perform, in the 2nd year of study.
Module “Magolego” takes place in the second year of study and involves the study of disciplines from the general university pool. Students can choose elective courses from the university-wide pool during their study period.
2022/2023 Academic year
Actual Trends in Global Finance Research
- KER-1 Demonstrates critical knowledge of finance and action principles, discovers their applications in a wide range of fields in a globalised financial environment with awareness of the local community and the wider world;
- KER-2 Demonstrates digital and quantitative abilities applicable for modern strategies and challenges in the broad area of finance;
- KER-3 Evaluates and enhances modern financial concepts, tools and relevant theories to perform an independent research project;
- KER-4 Develops an open and ethical mindset by doing a research in finance and working in diverse teams
- PC-1 Able to analyze and predict trends, processes and financial market instruments
- PC-2 Able to make analytical justifications for managerial decisions
- PC-3 Able to assess the value of financial instruments
- PC-4 Able to conduct independent research in the field of finance, contribute to solving problems in the field of finance
- PC-5 Able to work in an international research team
- PС-6 Able to act in accordance with ethical principles in the field of finance
Each trajectory includes several modules.
Module ‘Major” contains 5 mandatory courses, 7 finance-related electives (the set of courses differs depending on the trajectory and is aimed at key educational results that are relevant to the trajectory).
Module “Key seminars” is important for the development of students’ research and soft skills. It consists of 3 types of seminars:
- Research seminar. In the 1st year the focus is placed on the development of students’ research abilities in the broad area of finance, the advancement of their academic writing and presentation skills, as well as managerial and soft skills. The objective of Research Seminars for the 2nd year is to support students in writing their master’s dissertations. For students who are aimed at PhD programmes, the optional choice to choose PhD seminar is provided.
- Mentor’s seminar is aimed at the support of students in their personal development, discussing their progress, choice of their individual learning path support.
- Project Seminar is primarily aimed at the development of students’ analytical and soft skills valid for the future career in finance and business. It is followed by Projects and Work Experience Internship. The goal of the internship is further systematizing and extending of the theoretical and practical knowledge gained in the courses and projects, implementation of students’ skills in practice to solve real business situations.
Module MAGOLEGO consists of two types of courses. To smooth the academic progress for students who never studied Finance previously, the programme proposes optional bridging courses, which relate to the University-wide pool of courses. In addition, students can choose elective courses from the university-wide pool during their study period.
In the 1st year students perform a term paper; in the 2nd year of study - a master’s dissertation.
Finance, Corporations and Sustainability
- KER-1 Demonstrates critical knowledge of finance and action principles, discovers their applications in a wide range of fields in a globalised financial environment with awareness of the local community and the wider world;
- KER 2 Possesses strong analytical skills and applies them to effectively solve practical problems, drive business performance, discover better ways for improvement of social and environmental policies;
- KER-3 Expands and perfects soft skills to become a transformative leader, gets international awareness with an open and ethical mindset by working in diverse teams
- KER-4 Assesses risk and investment opportunities accurately, takes responsibility for making reasonable and innovative financial decisions
- PC-1 Able to analyze the financial condition of companies and financial institutions
- PC-2 Able to justify the effectiveness of the investment policy of companies and financial institutions
- PC-3 Able to make analytical justifications for managerial decisions
- PС-4 Able to implement the financial policy of companies and financial institutions
- PC-5 Able to work in an international team, successfully conduct intercultural communications
- PС-6 Able to act in accordance with ethical principles in the field of finance
Each trajectory includes several modules.
Module ‘Major” contains 5 mandatory courses, 7 finance-related electives (the set of courses differs depending on the trajectory and is aimed at key educational results that are relevant to the trajectory).
Module “Key seminars” is important for the development of students’ research and soft skills. It consists of 3 types of seminars:
- Research seminar. In the 1st year the focus is placed on the development of students’ research abilities in the broad area of finance, the advancement of their academic writing and presentation skills, as well as managerial and soft skills. The objective of Research Seminars for the 2nd year is to support students in writing their master’s dissertations. For students who are aimed at PhD programmes, the optional choice to choose PhD seminar is provided.
- Mentor’s seminar is aimed at the support of students in their personal development, discussing their progress, choice of their individual learning path support.
- Project Seminar is primarily aimed at the development of students’ analytical and soft skills valid for the future career in finance and business. It is followed by Projects and Work Experience Internship. The goal of the internship is further systematizing and extending of the theoretical and practical knowledge gained in the courses and projects, implementation of students’ skills in practice to solve real business situations.
Module MAGOLEGO consists of two types of courses. To smooth the academic progress for students who never studied Finance previously, the programme proposes optional bridging courses, which relate to the University-wide pool of courses. In addition, students can choose elective courses from the university-wide pool during their study period.
In the 1st year students perform a term paper; in the 2nd year of study - a master’s dissertation.The Master’s programme (38.04.08) in Finance (MiF) provides training for both professionals in financial management, and for scholarly researchers in the area of finance.
The programme focuses on creating and developing competencies in financial management for financial institutions and non-financial companies. The main emphasis is on contemporary theory and modern practices in corporate finance. At the same time, the programme provides fundamental knowledge in the broad area of finance that ensures our graduates are prepared for a diversity of career pathways, including in, the real sector of the economy, banks, investment funds, consulting companies, insurance companies and elsewhere. The focus on research-based teaching, delivered through a combination of student research projects, internship opportunities, dissertation work and taught courses also equips students for entry into an academic career via a PhD programme.
The programme is designed to serve different types of students. For graduates in Economics or Finance, the programme is an ideal opportunity to continue and deepen their studies, but it is also suitable for strong students with a previous background in other subject disciplines. We incorporate ‘adaptation’ modules that are designed specifically for helping the transition from other disciplines into the finance sphere.
The programme has been thoughtfully designed through a process of collaborative work between researchers and practitioners in the area of Finance and has involved international benchmarking, incorporation of best practice and understanding how best to exploit the local comparative advantages. It complies with the Law of the Russian Federation on Education and, through this, a set of educational and professional standards, regulations and other approved documents of the federal and institutional levels. It is also aligned to international standards and requirements, including the European Qualifications Framework (EQF).
The programme has EPAS accreditation (2019) and Professional and Society Accreditation (2018).
This degree programme of HSE University is adapted for students with special educational needs (SEN) and disabilities. Special assistive technology and teaching aids are used for collective and individual learning of students with SEN and disabilities. The specific adaptive features of the programme are listed in each subject's full syllabus and are available to students through the online Learning Management System.
All documents of the degree programme are stored electronically on this website. Curricula, calendar plans, and syllabi are developed and approved electronically in corporate information systems. Their current versions are automatically published on the website of the degree programme. Up-to-date teaching and learning guides, assessment tools, and other relevant documents are stored on the website of the degree programme in accordance with the local regulatory acts of HSE University.
I hereby confirm that the degree programme documents posted on this website are fully up-to-date.
Vice Rector Sergey Yu. Roshchin