Tuition Fees and Scholarships
The tuition fee for academic year 2023-2024 is 450,000 Rubles.
Online transfers are possible through HSE payments website. To convert programme fees to your own currency, please use a currency converter.
ICEF offers a number of scholarships (tuition fee discounts) available both for Russian and foreign nationals:
Students eligible |
Criteria |
The amount of reduction |
Tuition fee |
Based on the results of the entrance portfolio competition* |
Final cumulative score for portfolio - 65 points or higher |
85% |
67,500 Rubles |
Final cumulative score for portfolio - between 55 and 64 points* |
50% |
225,000 Rubles | |
Final cumulative score for portfolio - between 35 and 54 points |
Without scholarship |
450,000 Rubles | |
Graduates of HSE undergraduate/specialist programmes |
HSE diploma |
25% |
337,500 Rubles |
For early conclusion and payment of the contract |
Conclusion and payment of the contract not later than June 1, 2024 |
5% |
*The size of the scholarship offered to students shall be fixed and granted for the entire duration of their studies. However, each semester it will be necessary to confirm this with good academic performance. This means that a recipient should meet the following requirements: (1) not be subject to disciplinary measures in the form of reprimand; (2) upon completion of each and any interim assessment, he/she should have no failures; (3) not miss any assessments for no valid reason.
** The reduction for early conclusion and payment of the contract is granted to foreign nationals within a separate competition for one year and shall be summarized with the discount based on the results of the entrance portfolio competition.
Regulations on Tuition Fee Discounts 2023
Tuition waivers for international students
International students can apply to study at HSE for free through full-tuition scholarships. This merit-based scholarship will completely waive all tuition fees for the Master in Financial Economics programme.