Master’s programme in Financial Economics

State University Higher School of Economics

Program Description

Master’s programme in Financial Economics

State University Higher School of Economics

Master’s programme in Financial Economics

Offered by International College of Economics and Finance of the National Research University "Higher School of Economics"


In September 2007 ICEF launched a Master’s programme in Financial Economics in academic cooperation with LSE supported by several Russian and international corporate donors with the aim of training top international-level experts in Economics and Finance. The programme is both academically rigorous and applied. Its curriculum is a unique blend of the core courses in Micro- and Macroeconomics, Econometrics, Asset pricing and Corporate finance, and applied courses in various fields of Economics and Finance. Programme graduates start their careers as professional economists or analysts at financial institutions (including Sberbank, the Central Bank of Russia, HSBC, UBS), non-financial companies (Sibur, Renault) or continue their studies at the doctoral level in top universities (such as LSE).   

ICEF academics are active in research. They publish in international refereed journals, including Journal of Money, Credit and Banking, Journal of Empirical Finance, Journal of Banking and Finance, etc.

International standing of the programme

-- The curriculum and quality of the courses are comparable with those of leading international universities.

-- Examinations are monitored by international experts appointed by the International Academic Committee (IAC) of ICEF. 

-- Programme graduates receive a Russian master’s degree and an official letter of validation (signed by the LSE Director) certifying that the student has completed the programme which is compatible with the international quality standards.

-- Most courses are taught in English.

-- Faculty from British and other western universities regularly contribute to the teaching programme at ICEF 


ICEF MSc programme admits graduates of universities with a degree not lower than Bachelor's degree, possessing basic knowledge of Economics, Mathematics and English language.

In 2009 and 2010 the admission procedure for the programme was based on competition among the submitted applications. In 2011 the procedure will remain unchanged.

Selection of applicants is conducted by the Admission Committee.

Admission Committee considers

•Academic transcripts of the applicants
•International certificates and diplomas for academic achievements
•Candidates’ knowledge of Economics, Mathematics, English language (on the basis of transcript or/and international certificates available)
•Candidates’ academic papers (at least one)
•Results of GRE test, if available
•Interview in person or by telephone.

This school offers programs in:
  • English
Duration & Price
This course is Campus based
Start Date
Start date
Sept. 2017
2 years
Full time
200,000 RUB
Start date Sept. 2017
Russia Moscow
Application deadline Request Info
End date Request Info
Duration 2 years
Price 200,000 RUB