This landmark university was graduated by many prominent people, including Alexander Khloponin and Anton Siluanov, Sergey Stepashin and Victor Gerashchenko, and billionaire Mikhail Prokhorov admitted that if he had such an opportunity, he would once again graduate from Financial University. The passing score here, of course, is quite high, since graduates of not every university become finance ministers, heads of the Accounts Chamber or “bankers of all Russia”. What is the difference between this university of economic orientation and a number of others existing in the country? There has always been an innovative approach to organizing training, lectures were given by real experts in their field, invited professors, including from abroad. But Financial University is also proud of its teachers. The passing score fluctuates very slightly from year to year, while maintaining a high level.
Under the Government of the Russian Federation
This university really belongs to the government of the Russian Federation, and it is from here that the largest part of the staff comes into power. It is also natural that the University of Finance is the leader in the training of financiers, economists, lawyers and managers, as well as political scientists, sociologists and IT specialists. The pass rate is high, but this does not stop the huge flow of applicants. This is the oldest university, founded immediately after the October Revolution of 1917, since the country needed a specialized financial institution of higher education.
Already in December 1917, a decision was made by the People’s Commissariat, but the Financial and Economic Institute was opened in Moscow only after the end of the Civil War - in March 1919. Further, his path was thorny: it was closed and reopened and reorganized, called a credit institution, but still the university survived, did not lose focus, and in 1946 already had not 280, as at the very beginning, but two thousand students. And even then at the Financial Institute, just as now at the Financial University, the passing score was almost unbearable. There were only four faculties, and in 1947 there were five - the military was added. The university studied international economic relations, credit economics, economic accounting, finance and economics.
Reorganization
With the beginning of Perestroika, a quiet time ended for almost all specialized universities. The time has come for the emergence of the Financial University under the Government. Passing points remained as high in 1991, when the university was transformed, calling it the State Financial Academy. In 1992, a new decree was received from President B. Yeltsin, to whom the Finance Academy began to belong to the government. In principle, nothing changed in the work of the university until 2010, when the academy was given the status of Financial University under the Government. Passing points remained at the same level (they, in principle, had nowhere to grow, but there was no reason to drop). But the reorganization did not end there.
In 2011, the university incorporated two iconic educational institutions. It was after the accession of the Moscow State College of Informatics and Electronic Engineering that the financial university began to train high-class IT specialists, and thanks to the All-Russian Correspondence Financial and Economic Institute, which also became part of the university, it only strengthened its main positions. In 2012, new structural units appeared: the Ministry of Finance had its own state university, which strengthened the university under the government, and the All-Russian Tax Academy joined this company. The most important transformation: since 2014, according to a special resolution, the rector of this university can be appointed directly by the Government of the Russian Federation. There will be no more elections.
Ratings
From the rating agency "Expert RA" only MSU received class "A", which means an extremely high level of training of graduates. Just a very high level is indicated by the letter "B", and it is this rating class that has had the Financial University since 2014. The minimum passing score, however, practically does not differ from the passing score of Moscow State University. In 2015 and 2016, Financial University was included in the list of two hundred of the best universities in the BRICS countries. Last year, after evaluating various aspects of the institution, according to the QS Quacquarelli Symonds rating, QS Stars received exactly the same university with three stars, which could significantly increase its passing score.
The Financial University under the Government of the Russian Federation has long been using tools that influence the decision-making of applicants around the world in choosing a university. This university has created a reputation for itself that is unlikely to be damaged by the inappropriate letter or number of its position. In Russia, ratings on all components of the education of each university are carried out by the portal “Typical Applicant”. In particular, passing points are taken into account there. The Financial University under the Government (Moscow), according to information submitted on the portal, occupies the seventh position in the overall ranking and fifth among socio-economic universities. In 2017, a rating from QS Quacquarelli Symonds gave the Financial University a 351 position among universities with a major in economics and econometrics in the world. The demand among employers put the financial and economic faculty of this university on the fifth line of the rating.
Structure
We have already mentioned the difficult and complete reorganization of the path that the Financial University has taken: he visited both the institute and the academy, which specialized in training professionals in the financial and banking sector, there were times when it existed nominally and did not even exist. Now the position of the university is very strong.
This is a large scientific and educational complex, having in its own structure thirteen reconstructed educational and scientific departments, fifteen faculties in Moscow and six in branches, eleven university-wide departments, two DPO departments, eleven basic departments that were created jointly with employers, one academic research a research department and seventy-six such branches, eight institutes, two higher schools, two research centers, two colleges.
Branches
There are twenty eight branches, of which only fourteen are in higher education programs, the rest are secondary vocational. In the 2016-2017 academic year, 47,712 students began training at a time. Among them, in-person - 25125, in-person - 259, in absentia - 22328. There are twelve areas of training (twenty-eight profiles) only for bachelors, for masters there are eleven areas and more than fifty master's programs.
Specialists with secondary vocational education are also thoroughly trained. Retraining programs are good, specialists are happy to upgrade their skills here. It is with the growing authority of this university that every year more and more applicants submit documents to the Financial University under the Government. The passing score of 2017 at some faculties increased to 250 units.
Scientific work
The past few years have shown the active development of the research, expert, analytical and consulting activities of the university. Most of all, these studies relate to government tasks, which provide for budget funding. So, in 2015, sixty-seven projects were investigated and financing was attracted in the amount of more than one hundred eighty million rubles.
Research is carried out on a competitive basis, and almost forty departments (including not only departments of the Financial Institute), twelve scientific departments take part in them. Four hundred teachers, doctoral and postgraduate students receive state support, even more than a hundred students and undergraduates participate in research. The reports are received by a special expert commission, which includes leading scientists and specialists of the Financial University, as well as independent experts, including those from the Government of the Russian Federation.
Government order
The financial university participates in contests of contractual subjects, as a result of which contracts were concluded with the state for the implementation of research work on 178 projects, where services related to the scientific sphere were provided. Funding for 2015 alone for these projects amounted to about one hundred seventeen million rubles.
The customers are the Ministry of Energy of the Russian Federation, the Ministry of Education and Science of the Russian Federation, the Office of the President of the Russian Federation, the Bank of Russia, the Federal Tax Service, the Pension Fund, the Council of the CIS Assembly, EEC, Gazprombank JSC, ECOS OJSC, FSUE NIISU, FSUE GosNIIAS, FSUE TsNIImash, as well as many other serious organizations. Research is also underway on external grants.
Endowment Fund (Endowment)
The financial university, as was said at the very beginning of the article, managed to give a start to life for a huge number of graduates who made a confident career and began to rule the state in various areas of its economy. They have not forgotten their native university and help him as much as possible. Thus, in 2007 an endowment fund was created, that is, a non-profit organization that forms endowment capital, uses it, and distributes income.
The establishment and continued existence of this organization is fully consistent with the legislation of the Russian Federation. The recipient of all income is the Financial University under the Government of the Russian Federation. The passing score does not depend on this, but the lucky ones who arrived will be able to participate in international competitions, receive internships abroad, their scientific and research activities will be subsidized, as well as much more, which will be discussed in more detail below.
Persons
The initiative to create this fund was shown by five very famous graduates. This is, first of all, the rector of the Financial University - Mikhail Abdurakhmanovich Eskindarov, this is the billionaire Mikhail Dmitrievich Prokhorov, this is the former head of the Bank Vozrozhdenie Dmitry Lvovich Orlov, this was Andrei Ilyich Kazmin, the then Director General of Russian Post, at that time Chairman of Vnesheconombank, and now Vice-President of the Chamber of Commerce and Industry Vladimir Alexandrovich Dmitriev.
Where are the funds raised in this fund allocated and distributed? First of all, this is the strengthening of professorships at each faculty. This, as has been said, the participation of students in conferences and competitions in Russia and abroad. This is an invitation of the most famous experts for lecturing - teachers from the best universities in the world, from the most famous scientific centers. This is a payment by Bloomberg Professional (licensed software), this is the re-equipment of a publisher owned by the university. And, of course, money is needed for the material support of scientists and teachers who have retired from the walls of the Financial University.
Passing Points 2017
We will consider in detail several educational programs (undergraduate), which are of particular interest to applicants. Fully all data regarding admission to the Financial University (passing score - budget and paid basis) can be found on the university website. So, the undergraduate program "International Finance", which has the advantage that all of the training takes place in English. In this regard, it is not the only one that Moscow Financial University offers. A passing score of 245 units, an average passing score of 61.25, and a competition of more than seven people per place. This program is interesting for those who seek to learn the basics of foreign economic activity in the field of finance, learn how to practically organize the activities of the enterprise, how to manage the long-term competitiveness of the company in the market. This refers to the international market.
The undergraduate program in law has a financial and legal profile. There are only fifty-three budget places, paid even less - only thirty, but not cheap - you will have to pay 99 thousand rubles per year. Passing score from 212 units, average - from 70.67. Here we study the process of financial activity and social relations. that arise in doing so. Key disciplines - law: financial, investment, currency, budget, tax; taxation, liability after financial offenses, auditing, securities market, foreign exchange and banking operations. In training, electronic tools are used.
State and municipal administration
This undergraduate program is designed for ninety budget and one hundred and thirty paid places. The passing score is from 214 units, the average - from 71.33. The competition is relatively small - three people per place. Applicants willingly submit documents to study this program, since it is here that the ability to make managerial decisions, bring them to execution and bear responsibility for them is formed. This is public administration, and municipal, that is, relating to the social, economic, cultural, and legal spheres of society.
This program educates both professional and business qualities of a student, teaches us to work in a team and individually, creatively solve problems and tasks, since the student receives both theoretical and practical knowledge. Professional disciplines are given in blocks: territorial and regional management includes monitoring and evaluation of all development programs of a given territory, its management, its social sphere.
It also discusses municipal and state procurement, marketing, the development strategy of this territory with the study of infrastructure, local government, regional government and territorial planning. This is precisely what attracts Financial University in Moscow. The passing score, of course, is high, but this does not stop truly motivated people.