Degree: BACHELOR
Duration: 4 years (8 semesters)
ECTS: 240
Fields of study: Economics, Business Behaviour, Financial Flows, Production Processes
Languages of instruction: Russian, English (on request)

DESCRIPTION

The mission of this programme is to provide future graduates with knowledge, skills and abilities in economics and finance of organisations in accordance with the established requirements in the field of economics, with which they will be able to achieve a high potential for competitiveness in the labour market and successfully apply it to the growth of Russia's well-being.

AIMS

analytical activity:
•    searching information on the received assignment, collecting and analysing data necessary for conducting certain economic calculations;
•    analysing and interpreting indicators characterising socioeconomic processes and phenomena at the micro- and macrolevel both in Russia and abroad;
•    conducting statistical investigations, surveys and polls, subsequently conducting initial processing of the results obtained;
•    assessing the value of assets and liabilities;
•    assessing credit and insurance risks.

organisation and management activity:
•    develop managerial solutions, justify their selection based on socioeconomic effectiveness criteria, taking into account risks and potential socioeconomic consequences;
•    organising the assigned work stage;
•    realising operational management of small teams and groups formed to implement a particular economic project;
•    preparing and implementing solutions for management and improvement of activities of economic services and units in enterprises of various forms of ownership, organisations and agencies, taking into account legal, administrative and other restrictions.

financial activity:
•    performing tasks related to the implementation of internal and external audits of an organisation;
•    preparing and organising financial operations of an organisation, including accounting and tax accounting;
•    performing brokerage and dealer activities and managing securities;
•    performing investment activities and managing funds;
•    preparing and implementing insurance operations;
•    performing tasks in organisation risk management.

calculating and economic activity:
•    preparing initial data to perform calculations of economic and socioeconomic indicators characterising business activities;
•    performing calculations of economic and socioeconomic indicators based on standard methods, taking into account the existing regulatory framework;
•    developing economic units in the plans of enterprises of various forms of ownership, as well as organisations and agencies.

LEARNING OUTCOMES

On successful completion of the course the student should be able to:
•    collect, assess and analyse data necessary for calculating economic and financial indicators, as well as planning and forecasting organisation activities;
•    solve applied tasks in operational and strategic management, as well as accounting, forecasting, planning and budgeting in organisations;
•    implement economic activities of an organisation, aimed at improving production efficiency, profitability and the quality of existing products, introducing new products and achieving high performance through the optimal use of material, human and financial resources;
•    monitor the market for financial and commodity markets, collect and analyse data to provide investment solutions and advice;
•    select financial products and services for an organisation and justify their effectiveness and risks;
•    assess the creditworthiness of an organisation and develop schemes for debt financing based on the analysis and interpretation of financial and other information contained in organisational reporting;
•    develop projects and their financing schemes, assess the outcomes of managerial and economic solutions, taking into account criteria for socioeconomic effectiveness and risks.

EMPLOYMENT OPPORTUNITIES

A graduate who has successfully completed the programme is able to perform professional activities in economic, financial, and analytical agencies, organisations of various ownership forms operating in different production sectors, financial institutions, state and municipal authorities, research organisations, as well as vocational education institutions.