Master of Arts in Finance (MAF) / Master of Science in Finance (MSF) Academic Program

Mandatory orientation session for the first-year students: 2nd of September

Apart from the finance courses, the first four modules have also mandatory English course, 2 credits. The course assessed in 1 credit includes 14 lectures and (optionally) up to 7 seminars (every class lasts for 2 academic hours).

First year

Course	Professor	Language	Credits	Specialization
**Module 1 (2 September 2024 – 27 October 2024)**
Data analysis in Python*	Sergei Golovan	rus.	1	FIT
Macroeconomics*	Oleg Shibanov	rus.	1	EDA
Mathematics for Economists*	Sergei Golovan	rus.	1	EDA
Financial Accounting - 1*	Alena Shigoreva	rus.	1	CF
Financial Markets and Instruments*	Alexei Goriaev	rus.	1	-
Business Communication	Yulia Danchina	rus.	1	M
Probability Theory and Statistics	Margarita Shyian	rus.	1	EDA

Module 2 (28 October 2024 – 22 December 2024)
Corporate Finance*	Oleg Shibanov	rus.	1	CF
Econometrics - 1*	Sergei Golovan	rus.	1	EDA
Microeconomics*	Marat Salikhov	rus.	1	EDA, M
Valuation - 1*	Nikita Ermakov	rus.	1	CF
CFA: Business Valuation - 1	Nikita Ermakov	rus.	1	-
Excel for Business	Alexander Klyuka	rus.	1	-
Financial Accounting - 2	Alena Shigoreva	rus.	1	CF

Module 3 (9 January 2025 – 2 March 2025)
Asset Pricing*	Oleg Shibanov	rus.	1	AM
Econometrics - 2*	Sergei Golovan	rus.	1	EDA
Financial Modeling*	Nikita Ermakov	rus.		CF
Structured Query Language*	Natalia Ostroukhova	rus.	1	FIT
Banking - 1	Sergey Teplov	rus.	1	BRM
CFA: Business Valuation - 2	Nikita Ermakov	rus.	1	-
Economics of Renewable Energy	Vitaly Kazakov	rus.	1	EDA
Money, Financial Systems and Central Banks	Kseniya Yudaeva	rus.	1	EDA

Module 4 (3 March 2025 – 27 April 2025)
Derivatives*	Artem Bakulin	rus.	1	QF
Microeconometrics*	Olga Kuzmina	rus.	1	EDA
Risk Management*	Alexei Goriaev	rus.	1	BRM
Valuation - 2*	Nikita Ermakov	rus.	1	CF
Banking - 2	Petr Dorozhkin	rus.	1	BRM
Industry Valuation	Mariia Petrova	rus.	1	CF
Machine Learning - 1	Sergei Golovan	rus.	1	FIT
Money, Financial Systems and Central Banks	Kseniya Yudaeva	rus.	1	EDA
Product Management	Elizaveta Kozhieva	rus.	1	M
Strategic Thinking for CFO	Artem Kudryavtsev	rus.	1	M

Module 5 (5 May 2025 – 6 July 2025)
Venture Capital and Private Equity*	Dmitri Alpin	rus.	1	AM
Business Law	Marina Petrakova	rus.	1	M
Fixed Income Instruments	Nikita Ermakov	rus.	1	AM, QF
Industry Valuation	Mariia Petrova	rus.	1	CF
Investment Strategies	Alexey Debelov	rus.	1	AM
Machine Learning - 2	Gennadiy Ivanov	rus.	1	FIT
Machine Learning in Finance	Alexey Kolokolov	rus.	1	FIT
Negotiations	Marat Atnashev, Yulia Danchina	rus.	1	M
Project Finance Essentials	Georgy Shapoval	rus.	1	CF
Wealth Management	Alexei Goriaev	rus.	1	AM

Second year

Course	Professor		Credits	Specialization
Module 6 (2 September 2024 – 27 October 2024)
Methodological Seminar*	Oleg Shibanov	rus.	1	-
Applied Risk Management	Denis Gavrilin	rus.	1	BRM

Module 7 (28 October 2024 – 22 December 2024)
Introduction to Marketing Analytics	Daria Dzyabura	rus.	1	FIT
Long-term Asset Management	Maksim Bouev	rus.	1	AM
Professional Business English	Tatiana Skopintseva	rus.	1	-

Module 8 (9 January 2025 – 2 March 2025)
Methodological Seminar*	Oleg Shibanov	rus.		-
Corporate Governance	Carsten Sprenger	rus.	1	CF
Economics of Metals	Konstantin Pravednikov	rus.	1	CF

Module 9 (3 March 2025 – 27 April 2025)
Blockchain and Its Application to Finance	Ignat Shapkin, Sergey Prilutskiy	rus.	1	FIT
Equity Investments	Vitaly Kazakov	rus.	1	AM
Mathematics of Credit Risk	Vadim Anpilogov	rus.	1	QF

Module 10 (5 May 2025 – 6 July 2025)
Master's Thesis

To complete a specialization it is necessary to obtain 4 credits by taking corresponding courses.

Specializations: AM = Asset Management, BRM = Banking and Risk Management, CF = Corporate Finance, EDA = Economics & Data Analysis, FIT = Finance and IT, M = Management, QF = Quantitative Finance.

*‒ a mandatory course

Master of Arts in Finance (MAF) / Master of Science in Finance (MSF) Academic Program

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