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The Department of Finance was created on the basis of the Department of Financial Markets which was founded in 1998 and is the oldest in the campus. The staff have a broad spectrum of research interests including problems of corporate finance, financial markets and institutions, risk, corporate tax planning, accounting and audits and innovation.
St. Petersburg: Publishing House of the Polytechnic University, 2023.
In press
Lodiagin B., Alekseeva O., Козлова С. et al.
Journal of Applied Economic Research. 2025. Vol. 24. No. 4. P. 100-115.
In bk.: Eurasian Business and Economics Perspectives. Springer, 2024.
Semenova A., Семенов К. К.
Working Papers. SSRN, 2022
Summer School "Drivers of Economic Development of a Company": an intensive course in applied finance for students from five countries
In July-August 2025, the Summer School "Drivers of Economic Development of a Company" was held at the National Research University Higher School of Economics - St. Petersburg, organized by the Department of Finance. The participants were students and graduates of educational programs in economics, international relations, marketing, business administration and management from Russia, Armenia, India, China and Indonesia.
Summer School "Drivers of Economic Development of a Company"
NRU HSE - St. Petersburg
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The school program was focused on the practical study of applied finance and was conducted entirely in English. The training modules covered key areas:
- financial analysis,
- corporate finance,
- international financial reporting standards (IFRS),
- business valuation,
- risk assessment,
- quantitative finance and Python for finance,
- business game.
Each training day combined theoretical knowledge and practical tasks on real data, which allowed the participants to master modern analysis tools and immediately apply them in applied problems.
One of the most intense training days was the "Accounting and Reporting" section within the "Sustainable Finance" track, which was conducted by Elena Vladimirovna Yaskevich, Senior Lecturer of the Finance Department:
Elena Vladimirovna Yaskevich
Senior Lecturer of the Finance Department
The day of the summer school "Accounting and Reporting" within the "Sustainable Finance" program was intense, interesting and fast. A small international team of students went from the basic principle of double entry to compiling reports in the form of a balance sheet and an income and expense report. On hot summer days, we worked hard, and during the rest, we allocated time to master new useful financial knowledge. Understanding basic accounting and reporting is a good start for further study of finance, analysis of the financial condition of the company and development of your own business.
Krakovich Viktor Valerievich
PhD in Economics, Associate Professor, Department of Finance
As always, I was happy to work at the summer school. It is nice to see that the number of students has increased this year. The geographic coverage has also increased.
We reviewed the theoretical foundations of portfolio theory, and in the practical part, using Python, we downloaded stock quotes and conducted a small analysis. This knowledge will be useful both for scientific activities at the university and for a future career in business.
The final part of the program was a team solution to an investment case based on real data, where the participants applied the acquired skills and analytical approaches. The diversity of academic and professional backgrounds allowed the teams to offer different solutions - from assessing the effectiveness of individual projects to strategic analysis of companies in an international context.
The summer school became a platform for international and interdisciplinary interaction, development of applied skills and acquaintance with the academic environment of the HSE - St. Petersburg. The organizers plan to continue this format in the future, expanding both the topic and international participation.