Financial University under the Government of the Russian Federation

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Financial University under the Government of the Russian Federation" is one of the oldest Russian higher education institutions where financial experts, financial law experts, economists, IT experts, mathematicians, sociologists, and political scientists are trained. The University has come a long way. It has evolved from an institute and a finance and banking specialist training academy into ...a major research and education center. Today it incorporates 14 faculties based in Moscow and 6 faculties based in the University Branches, 60 teaching departments, 3 further education departments, 10 collaborative provision departments formed in cooperation with the employers and 86 departments based in the University Branches, 10 institutes, including the Institute of Correspondence Studies and Open Education, Institute for Development Projects, Institute of Short-Term Programs, 4 Institutes offering further education programs, 3 research institutes, 3 higher schools, 4 research and educational centers, 2 educational research laboratories and 2 educational laboratories and 2 colleges. There are 29 University Branches (incl. 14 Branches that offer higher education programs, 4 Branches that offer higher education programs and post-secondary training programs, and 11 Branches that offer post-secondary training programs).
The University total annual enrolment (as at the beginning of the 20152016 academic year) is 51,579 students (incl. 23,712 students who study in face-to-face mode, 567 students who study in off-campus/on-campus study mode, and 27,300 students of correspondence study departments). There are 38,250 students of bachelor, master and specialist degree programs (incl. 3,839 students of specialist degree programs, 31,427 students of bachelor degree programs, 2,984 students of master degree programs) and 13,329 students of post-secondary training programs.
The Financial University is one of the leading Russian higher education institutions. It has on offer 12 bachelor degree programs with 28 concentrations; 11 master degree programs with more than 50 concentrations; 9 post-secondary training programs, 10 МВА programs and 108 advanced training and professional development programs. The competition for the student places at the University is fairly fierce as the University ensures high quality of provision and the University graduates have good employment prospects and career development opportunities after graduation.
The Financial University has implemented and is improving the training scheme based upon availability of various learning paths in and modes of continuous education. The system includes post-secondary training programs, as well as bachelor, master and specialist degree programs. The quality of provision offered by the University is widely recognized and is due to the highly qualified teaching staff employed. As at 1 January 2016, there are 1,545 teaching staff members who are based in Moscow, including 1,214 holders of academic degrees. The number includes 340 Doctors of Sciences and 874 holders of PhD degrees. There are 815 teaching staff members who have academic titles (incl. 237 Professors, 560 Associate Professors, and 18 Senior Research Fellows).
The University has started introducing such ‘Bologna Process-induced’ learning modes and methods into the learning process as module-based curricula models (that should replace linear curricula models), mobile learning groups, and a tutoring system. The visiting professors and experts offer their lectures (incl. the lectures in English given by the professors from overseas universities). The student ranking system has been improved. New teaching techniques are used (case studies, business games and role playing-based strategies, problem-solving tasks, etc.); e-books and teaching aids, CDs, multimedia technology-based programs (training firms (a program in accounting, a program in insurance)) are used, e-libraries are formed at various departments, a virtual laboratory at the Department of Financial Management is operational; computer testing technologies are used for testing.
Today the University Library and Information Facility includes 9 libraries based in Moscow and 32 libraries based in the University Branches located in the Russian regions. The number of items in non-e-format is 2,852,054.Those items include research materials, manuals, books in foreign language, theses, periodicals, fiction, rare books on economics. There are 547 PCs in the Library. The Library local area network is integrated into the University communications network. There is a collection of e-resources in the Library that supports the teaching process and the research process. In 2014, there were 59 databases that contained more than 150 mln. documents in the e-resources collection. The users can use the University IPs to gain access to the databases or can gain a remote access to them. The University E-Library was formed in 2015. It contains monographs, teaching and methodological materials, summaries of theses, articles published in journals and other materials published by the University Publishing House.
The University staff continued developing research and consulting projects in 2015. The teaching and research department development is in progress. The budget-funded programs and projects implemented according to the orders of the Government of the Russian Federation are on top of the University research priorities list. This year, 110 government-funded research projects were implemented, with the amount of funds exceeding 197 mln. Rubles. 54 departments (incl. the departments based at the Omsk, Penza and Chelyabinsk University Branches), 13 research departments, the Directorate for Innovative Development and the Center for Personnel Development and Planning, approximately 370 teaching staff members and researchers and more than 80 undergraduate and postgraduate students took part in the research work within the framework of the above projects. Joint teams of researchers participated in the work when implementing 13 of the above projects. The researchers presented their reports to an expert commission and representatives of the Staff of the Government of the Russian Federation. In 2015, 67 research projects were implemented in accordance with the orders made by the Government of the Russian Federation. The total amount of funds allocated was 200 mln. Rubles. About 600 people took part in the research work, incl. 296 teaching staff members, 68 researchers, 58 postgraduate students and doctoral program students, 112 bachelor and master degree program students.