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Regular version of the site


Yana Tsyganova, Head of the Credit Risk Methodology (CRM) workstream, NCC Bank, Moscow Exchange group

I was lucky enough to become the 1st-wave student on a newly established Master of Arts programme "Financial Analyst" - one of the two official CFA Institute Partner Programs in the CIS. It successfully incorporates crucial disciplines in Financial Analysis, Investment Theory, Business Valuation, and Code of Ethics with fundamental courses of Macroeconomics, Microeconomics, Econometrics and Maths.

It goes without saying that the outcome you get after graduation mostly depends on the diligence you demonstrate during your studies: it's about your willingness to learn and grow, it's about the hard work you put in to your research and the side projects you participate in, but the university plays quite an important role as well. Your school is responsible for providing you with opportunities to develop your academic knowledge and proficiency. You experience and encounter those opportunities with top flight professors, you have access to the best international libraries, scientific conferences and open courses, and to academic mobility programmes alongside other HSE students. Last but not least, the programme gives you a chance to combine a full-time job with your studies, which is challenging but definitely worth it.

For me personally the Financial Analyst programme helped me better understand which field my dream job is in and later on to achieve it. I would like to express my sincere gratitude to the Banking Institute for the work they do: for both the result and the process. It was interesting, fascinating, informative and interactive. I took the opportunity to become a summer intern at Deutsche Bank Frankfurt-am-Main after the 1st year, to participate in numerous case-championships including CFA Institute Research Challenge in between and to go on an exchange semester in the Fachhochschule des bfs Wien in the very end of my MA programme.

"Financial Analyst" was certainly the right choice and I'm very glad that, even after graduating, my studies continue as all our teachers stay in touch and are always eager to help.

Sergei Trofimov, CFA, MRICS, Director, Advisor to CEO, Finstar Financial Group;
Chief Financial & Information Officer and Co-founder, Mavric Oil & Gas LLC, California;
Founder & CEO, Inframine AG

Having received my Bachelor’s Degree in the Higher School of Economics in 2010 I was focused on the building a career in the financial industry and continued self-studying via the CFA programme. I received the CFA charter in 2012 and, after being involved in almost all aspects of the finance world (commercial banking, advising Ministry of Finance, investment banking, strategy for the large financial group, buy-side) I was looking for an MA programme that would allow me to fill in the gaps in my theoretical background without getting in the way of my career.

I decided to apply to the Financial Analyst Programme because its partnership with the CFA Institute is proof of quality and due to my personal judgement that HSE offers the best financial education in Russia and one of the best certainly in Europe (as I lived in the UK, Austria and Switzerland I have had the chance to compare).

It was also important that subjects like Portfolio Management, Alternative Investments and many others based on the CFA Institute curriculum were taught in English (the main language of the financial world) and designed by experienced industry practitioners.

I graduated in June 2016 and am now fully equipped with vital, cutting edge knowledge and theoretical fundamentals helping me dig deeply into the core of the financial system. I would also like to mention the professionalism of the administrative staff at the Banking Institute, which means that the students can be confident that any question will be answered and any problem can be solved.


Fatima Eldarova, Chief Economist, Banking Regulation Department, The Bank of Russia

I first got to know HSE during an Applied Bachelor in Economics joint programme between HSE and Moscow Banking School (College) of the Bank of Russia. While studying on this programme, I highly appreciated the level of academic and practical knowledge the University offers. On graduating from University I had to decide whether to continue my studies or start my professional career. So I chose both. I selected the MA "Financial Analyst" programme at HSE’s Banking Institute. The classes met in the evenings, which allowed me to combine my studies with my work.

The programme has fully justified my expectations. Our tutors had exceptional practical knowledge that they kindly shared with us. I systemized and supplemented my knowledge in Investing, Financial Markets and Financial Valuation. Also, while studying, I had the chance to participate in a short-term mobility project - International Master Course Week at the University of Applied Sciences bfi Vienna "Educating for Global competence". HSE was always ready to help you achieve your educational goals and objectives and offers a lot of possibilities both for students and graduates.

Denis Gribov, Equity Trader, Bank of America Merrill Lynch
The daily routine of being a financial analyst in a global company has become even more complicated. You need to analyze news flows quickly, maintain huge spreadsheets, carry out financial modelling and communicate a lot at the same time. The "Financial Analyst" programme at HSE is a great opportunity to gain both theoretical and practical knowledge, which is very useful for developing these skills. Most of all I liked that the vast majority of lecturers here are experienced investment professionals. They provide you with the most up-to-date and relevant knowledge and are well-placed to offer advice on further career development.
At the same time you have the chance to improve your theoretical and soft skills more broadly. The courses cover material from Ethics and Financial Reporting to Econometrics and Derivatives, which I found useful afterwards both at work and during my preparations for the Chartered Financial Analyst (CFA) Exam.
I enjoyed my time here and it will always be something I remember fondly. HSE university community also offers numerous activities, where you can have an excellent time, have fun and meet new people. It is not all about study.


  Zhou Yang, Beijing, China


I got my first master’s degree (master of arts) in a university in Beijing. But I’m always interested in finance. So in 2015 I decided to join Financial  Analyst Master’s program, held by the HSE Banking Institute.
The program is mostly conducted in English and is very suitable for foreign students. Teachers of the program are all very nice and experienced. While studying in this program, I have not only enhanced the theoretical basis of finance, but also learnt about best financial practices. In addition, it provides students with many opportunities to participate in various scientific and practical activities related to financial sector.
I'm sure that what I have learned in this program will help me a lot in career life and will also be very useful for a better understanding of the Russian economy and finance.