Higher School of Finance and Management of the Russian Academy of National Economy and Public Administration


The Higher School of Finance and Management of the Russian Academy of National Economy and Public Administration under the RF President is a leading professionally-oriented business school, which has been consistently rated one of the top five Russian business schools.

Business education or, in other words, further education in addition to higher education provides the reason for SHFM’s existence.

Its structure was determined by the faculty members, research and examination centers, and the Board of Trustees, which includes heads of big business, and leading professors, well-known not only in the country but also abroad.

HSFM is professionally oriented school - the efforts of leading scientists and engineers focused on the development of advanced algorithms, techniques and methods that combine in-depth knowledge in the neoclassical finance management with international ethical behavior in business and finance.

HSFM can be described by:

• International accreditation of training programs

• Participation in governmental structures, industries, and research

• A wide range of educational programs

• A high status degree programs approved by the State and International Accreditation entities

• 4,000 graduates, nearly 600 students and students enrolled annually

• Alumni Association "National Institute for financial managers" and Career Center

• 70 full-time lecturers, including 70% of doctors and candidates, trainers and consultants, international staff

• Internships and study abroad opportunities (China, Spain, Germany, Lithuania, Latvia, the UK)

• A large and comfortable campus (16.8 hectares)

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This school also offers:


Master in Financial Management

Campus Full time Part time 2 - 3  September 2017 Russia Moscow + 1 more

Master’s Degree Programme in Financial Management The Master’s degree programme in Financial Management aims to train a new generation of managers to be capable of working out high-quality solutions, conducting analytical investigations and modelling alternatives in the globalization context. [+]


Goal: to train top financial managers, investment and finance analysts, financial engineers, actuaries, assets managers, and risk managers to work in specific areas of financial management.




To teach how to formulate accounting policies and analyze financial reports using IRFS To develop skills of financial forecasting, planning and modelling To study risk management methods with the use of hedging instruments To make financial diagnostics and formulate financial strategies Manage company capital on the basis of an optimal policy of profit capitalization


Distinct professional orientation Practical orientation of the courses Coaching and Individual Consulting Certification of Financial and Investment Analysts in Russian and English: ... [-]