Summary of Degree Programme
38.04.08 Finance and Credit
No
2 года 
Full-time, 120 ECTS
ENG
Instruction in English
Master
Yes
With online tools
2024/2025 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 analyse 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.
Graduates of the programme build careers in a wide variety of fields: financial management and consulting, asset or risk management, financial analysis and forecasting, infrastructure or debt financing, deal structuring, consulting, auditing and so on.
Module “Major” for first-year master's students: contains 9 mandatory courses, 4 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 1 mandatory course, 4 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.
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 analyse 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.
· PC-1 Able to analyse 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.
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