HSE SPb Bachelor’s Economics and Master’s Finance Programmes Accredited by ACCA

The Bachelor’s programme in Economics  and the Master’s programme in Finance at HSE in St. Petersburg have successfully gained accreditation from the Association of Chartered Certified Accountants (ACCA). Graduates of the bachelor’s programme will now be exempt from two and Graduates of the master’s programme, from four ACCA exams.

Having assessed course content and examinations of the bachelor’s programme in Economics at the HSE campus in St Petersburg, the association representatives have concluded that they fully comply with ACCA standards. Hence, those HSE students who will graduate from 2019 to 2023 will not have to take two modules, the F1 - Accountant in Business and F5 - Performance Management, to gain the international certification.

Associate Professor of Finance at HSE Campus in Saint Petersburg, Elizaveta Markovskaya, PhD, notes that this will allow university graduates to qualify internationally more promptly.

'Certainly, a lot of our students will further wish to receive the ACCA certificate, as it propels career development in economics and finance. Our university will help them save time and economize on completing their qualification,' Elizaveta Markovskaya says.

For Master’s students the accreditation provides exam exemption for those graduates who have been evaluated by ACCA in the following criteria: programme admission rules, contents of the discipline, and written examinations. Graduates of the master’s programme in Finance will get the opportunity to be exempt from the F1 - Accountant in Business, F2 - Management Accounting, F3 - Financial Accounting and F9 - Financial Management examinations. Accreditation for this programme is valid for 5 years, from January 1, 2017, to December 31, 2021.

This educational programme accreditation means that, when registered with the ACCA, university graduates will be exempt from examinations that include the knowledge and skills acquired by them as part of their study on the programme. Students get the maximum number of exam exemptions at ACCA, since their university curriculum includes disciplines approved by the largest international financial association, giving them the opportunity to get international certification in a shorter period of time.

HSE Campus in Saint Petersburg is one of four Russian universities whose educational programmes ACCA has recognized.

ACCA is one of the largest and most rapidly developing international organizations in accounting, and has more than 500,000 members and students. The Association, which was founded over 100 years ago, is recognized in 170 countries worldwide.

Congratulations to the St.Petersburg School of Economics and Management and its teaching staff on successful accreditation of their programmes at ACCA!