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Official Information

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The New Economic School (NES) is a private higher education and research institute that was established in 1992. NES delivers up-to-date economics research and education, making a valuable contribution to the society and business. NES nurtures a community of world-class economists in Russia.

The quality of education at NES relies on strong faculty of Russian and foreign professors with PhDs in Economics and Finance from the world’s leading universities. 

NES graduates work for the leading companies and corporations, get admissions to the world's best PhD and MBA programs.

The main scope of NES activities is education, research, corporate training, development of economic education in Russia and the CIS countries.
    

Research

There are several research centers at NES: Center for Economic and Financial Research (CEFIR), Center for the Study of Diversity and Social Interactions (CSDSI), Center for Demographic Research (CDR). 

NES professors represent the leading edge of the Russian economic science in the world’s community of economists, participate in the key international conferences, and publish research papers in the most recognised international journals in economics, including Econometrica, American Economic Review, Quarterly Journal of Economics, Review of Economic Studies, Review of Financial Studies, Journal of Financial Economics, Proceedings of the National Academy of Sciences, Journal of Finance. 

 

Faculty

Around 90% of NES professors hold a PhD degree in economics and finance from the world's leading universities. New Economic School is the first Russian university to hire professors internationally. Over 200 people a year apply for positions at NES. Candidates are interviewed at the annual meeting of AEA and AFA within the Annual International Conference of ASSA. The best candidates are invited to present their research at the Job Market Seminars at NES.

 

Educational programs

More information on enrollment can be found on the admission committee site.
   

 

Corporate training

At the corporate education market, the School is known as NES Business Academy. Its goal is to generate additional revenue for the School's budget, as well as expand NES beyond the markets where the School is already known as a strong player. Focusing on the needs of the market, NES Business Academy offers a wide range of training formats: from one-day intensive courses to specialized programs with a total duration of 6-8 months. 

Learn more about NES Business Academy.

 

NES in rankings

Since 2017, NES has been included in QS World University Rankings by Subject (Economics and Econometrics). In 2024, The New Economic School is included in the Top 201-250 universities in the world.

In 2018-2023, NES was included in the Shanghai Ranking's Global Ranking of Academic Subjects (ARWU) in the field of Economics.

According to RePEc, NES is ranked the 1st in the Top 25% Institutions in Russia. The School is in the Top 12.5% institutions in Europe and Top 25% Economics Departments rankings.

According to a study by the University of San Andrés conducted in 2021, the New Economic School ranks 18th in the global list of universities whose students are admitted to PhD programs in economics at the top 20 US universities. NES is the only representative from Russia in the list.

NES is in the Top 13% Russian universities and in the Top 43% world universities, according to Webometrics. 

The School is in the Top 5 among the Russian universities in the Round University Subject Ranking in Economics.

 

Graduates

As of today, around 3000 people have graduated from NES. About 90% of the alumni find jobs in the first three months after graduation. Traditionally, a high proportion of graduates (38%) choose to work in the financial sector, 11% work in consulting, 11% are employed in IT and e-commerce, and 3% engage in entrepreneurship, mainly in companies that are known as leaders of Russian and international financial and real sector. Around 14% of NES graduates pursue academic career at leading universities in Russia and worldwide, such as NES, HSE, Harvard University, MIT, Stanford, Yale, Columbia, University of Chicago, Princeton, University of California in Los Angeles, New York University, London School of Economics, and others. etc. Around 4% of NES graduates work in the public sector, including the Bank of Russia, Moscow Government, Ministry of Finance of the Russian Federation, Ministry of Economic Development of the Russian Federation, Dom.rf, Audit Chamber, and others. 

NES Commencement Ceremony 2023

 

Development of economic education in Russia and CIS

NES trains highly qualified specialists for the Russian labor market and plays an important role in the development of economic education in Russia. NES professors also teach at the Moscow State University, RANEPA, HSE, MISIS, and others.

Every year, winter and summer education schools for teachers and researchers in different Russian cities are organized. These schools support young scientists and help them to integrate into the global scientific environment. 

In 2020, the New Economic School together with the European University in St. Petersburg, the Moscow School of Social and Economic Sciences ("Shaninka"), and the Skolkovo Institute of Science and Technology, became a co-founder of the New League of Universities. The association aims to develop new forms of education, implement educational innovations, and conduct interdisciplinary research at the intersection of technical and social sciences.

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