MOSCOW SCHOOL OF ECONOMICS

Master of Science in Global Economics and Finance


Telephone+7 9999 25 11 37
WWWhttp://global-finance.msu-mse.ru/
E-mailAnush.hakobyan@gmail.com; akopyan-aa@mse-msu.ru

About the Program

Master of Science in Global Economics and Finance is an international program on applied Finance and Economics incorporating the curriculum of Certified Financial Analyst ® professional qualification program.

Competitive advantages of the program:

  • The program combines education for Master of Science degree in Economics with trainings for professional CFA ® (Chartered Financial Analyst) exams.
  • The program provides fundamental education and cutting edge skills, necessary for professional financiers and risk-managers to successfully play on the international market. During education the students get option to specialize in:
    • Investment banking and assets management;
    • Corporate finance and financial analytics;
    • International economic relations.
  • The working language of the program is English.
  • Professors and lecturers are invited from the best western business-schools and/ or Russian citizens, with western education. The prominent scientists and professors provide their courses for students of MSc in Global Economics and Finance. To name a few: correspondent member of RAS, Doctor in Economics Golovnin M.Y, Doctor in Economics Glinkina S.P., Doctor in Economics Kireev A.V.; visiting professors James K. Galbraith, Jan Aart Scholte. Regular masterclasses are held by the heads of Russian and western multinational corporations; the CFA ® trainings are provided by the investment professionals and business-trainers.
  • The students get extensive training in Assets Management, Alternative Investments, Portfolio Management in computer labs allowing to apply knowledge on terminals and study the real cases.
  • Individual approach to students and office hours for consultations in addition to usual classes and trainings is included in the study process.

Program Structure

Program is structured according to the requirements of the Russian Federation standards and internationally accepted standards of education for Master’s degree and incorporates curriculum (CBOK) of Certified Financial Analyst®.

During the first year of education students get fundamental knowledge on finance and economics:

  • Financial Accounting and Reporting (IFRS and US GAAP), Financial Statements Analysis , Corporate Finance, Macroeconomics, Microeconomics, Asset Management on International Capital Markets, Alternative Investments, Fixed Income and Derivatives;
  • Applied statistics and Applied Econometrics in Economics and Finance( including Monte-Carlo stimulations, scenario analysis, stress-testing);
  • Trainings for professional CFA ® Level 1 qualification exams provided by experienced professionals and business-trainers.

During the second year of education students continue to study core courses and may choose from the list of electives to deepen their knowledge in the selected specialization. During the second year students may also participate at the double-degree or student –exchange programs with MSU partner Universities.

Details of the Curriculum
Master of Science in Global Economics and Financ
e

1st year, Fall Semester, 16 weeks Total Work-load
in hours / in ESTC (credits)
Quantitative Methods and Financial Mathematics 144 h. / 4 credits
Asset Pricing: Fixed Income and Derivatives 144 h./ 4 credits
Corporate Finance 108 h./3 credits
Financial Accounting and Reporting 144 h. / 4 credits
Microeconomics - III 72 h. / 2 credits
Macroeconomics - III 72 h. / 2 credits
Ethics and Porfessional Standards 72 h./ 2 credits
Trainings for CFA exams Level 1
1st year, Spring Semester, 18 weeks Total Work-load
in hours / in ESTC (credits)
Аpplied International Macroeconomics 108 h. / 3 credits
Asset Мanagement on International Capital Markets 108 h. / 3 credits
Alternative Investments 72 h. / 2 credits
Applied Econometrics in Economics and Finance 72 h. / 2 credits
Financial Statements Analysis 144 h. / 4 credits
Asset Pricing: Fixed Income and Derivatives 72 h. / 2 credits
Microeconomics - III 36 h. / 1 credit
Macroeconomics - III 36 h. / 1 credits
Econometrics - III 108 h./ 3 credits
Research Seminars -Analytical methods in Economics and Finance 72 h. / 2 credits
Trainings for CFA exams Level 1
( Portfolio Management, Equity Investments, Fixed Income and Derivatives
Financial Reporting and Analysis, Coprorate Finance)
2nd year, Fall Semester, 16 weeks Total Work-load
in hours / in ESTC (credits)
Investment Project Valuation, Financial Modelling
and Forecasting
144 h. / 4 credits
Company Value Management via Mergers and
Acquisitions
144 h. / 4 credits
Macroeconomic and Financial Forecasting 72 h. / 2 credits
Russian Financial Sector in Global Finance 72 h./ 2 credits
Global World : Economics and Politics 144 h./4 credits
Globalization and Regional Integration 72 h. / 2 credits
International Monetary System and Financial Architecture 72 h. / 2 credits
Microeconomics - III 72 h. / 2 credits
Macroeconomics - III 72 h. / 2 credits
Econometrics - III 72 h. / 2 credits
Research Seminar -Macroeconomic and Financial Forecasting  72 h. / 2 credits
Electives:
Ventue Capital and Buisness Valuation 72 h. / 2 credits
Expansion Strategies on International Markets 108 h. / 3 credits
State Regulation of Economy 72 h. / 2 credits
Strategic Management in Multinational Companies 36h. /1 credit
Project Finance and Financial Modelling 36h. /1 credit
Bank Analysis and Managment 72 h. / 2 credits
Managerial Finance 72 h. / 2 credits
2nd year, Spring Semester, 18 weeks Total Work-load
in hours / in ESTC (credits)
History and Methodology of Economic Science 72 h. / 2 credits
Foreign language 108 h. / 3 credits
Research Seminar -Macroeconomic and Financial Forecasting 72 h. / 2 credits
Master's Dissertation writing
Master's Degree Exam End of May
Master's Dissertation Defense End of May
GRADUATION CEREMONY End of June

Program Admission Requirements

Admission Exams:

  • English language test (institutional test at the MSU) or TOEFL (IBT min 80) / IELTS (min 6.0) / CAE / BEC Higher/ BEC Vantage
  • Economics ( institutional test at the MSU) or GMAT (min 475) / GRE(min110/ 615)

Documents:

  • Passport, copy of passport;
  • Original or copy of the education document;
  • 6 photos in size 3×4 ( without a headdress on matte paper, made in 2017);
  • Application (to the name of Rector)

Tuition Fee:

  • 400 000 Rubles per year

For all your questions please contact Ms. Anush A. Hakobyan (Deputy Head, International Programs Department, the Moscow School of Economics, the MSU):

Phone: +7 9999 25 11 37
E-mail: Anush.hakobyan@gmail.com ; akopyan-aa@mse-msu.ru
Program web page: http://global-finance.msu-mse.ru/