Financial Instruments in the Economy

Financial Instruments in the Economy

Financial Instruments in the Economy

Master Program

Russian language

120 ECTS

5 Semesters / 2 years (Extramural 2,5 years)

Fields of study: Global Economy, International Financial Instruments, International Business

Faculty of Economics and Finance

Tuition fee:

240 000 ₽/year

Extramural 115 000 ₽/year

The program with a practice-oriented approach is a mix of basic knowledge of economics and in-depth professional knowledge in the financial field. In any industry executive managers have access to financial information thus students can extremely benefit from the program to succeed in key positions when pursuing a career.     

Forms of in-class activity: lectures, laboratory work, practical classes, self-study


Main courses:

  • Current issues of economics and finance
  • Macroeconomics (advanced level)
  • Microeconomics
  • Project management
  • Tax management
  • Econometrics (advanced level)
  • Machine learning
  • Financial management (advanced level)
  • Strategy of financial markets and institutions development 
  • Assessment of investment potential of a region
  • Investment project evaluation
  • Financial analysis (advanced level)
  • Financial strategies and financial modelling
  • Digital money and financial technologies
  • Crowdfunding technologies and venture capital financing
  • Financial risks
  • Financial market data analysis
  • Corporate bonds

Learning outcomes:

  • Developing various options for management decisions and substantiating the choice based on performance criteria
  • Developing financial strategy and its implementing on the financial market
  • Investment strategy consulting, conducting investment project analysis, choosing financial instruments to implement investment projects


  • Lecturers and program leaders are qualified finance professionals
  • Innovative learning methods
  • Opportunities for self-fulfillment in scientific and research projects

Career opportunities:

  • Banks and financial organizations
  • Financial departments in companies
  • Consulting companies 
  • Government and municipal agencies for finance and investments

Admission requirements:

  • Bachelor’s Degree

Program director: Prof. Dr. Artem Golubev

Office 210, Dnepropetrovskaya ul., 8, St. Petersburg 191119, Russia

Phone: +7 (812) 335-94-94