Master of Business Analytics

The programme equips students with practical frameworks for:

• identifying the drivers of value creation of companies in different industries to enhance business sustainability
• creating value-based performance metrics for different business units within a company
• financial modelling of a company’s value and projects under various scenarios to achieve sustainability goals
• creating new integrated risk management systems for a company to meet new challenges of regenerative economy
• identifying and evaluating the relative performance of non-financial capitals, particularly human capital, relational or client capital, organizational capital and their contributions to value creation and financial performance
• meaningful measurement and disclosure of the value drivers of business to investors and all other stakeholders representing the economy, society, and the environment.

The programme combines new conceptual frameworks for regenerative finance and accounting and their applications for business analytics.

 The core courses focus on the principles of regenerative economy and multiple capitals analysis. They include:

•  Financial markets and instruments
•  Corporate Finance
•  International Financial Reporting Standards 1 and 2 (IFRS 1 and 2)
•  Valuation and Value Based Management
•  Public Non-Financial Reporting.
•  Strategic Managerial Accounting
•  Strategic Management

 Upon completion of the core courses, students will select one of three specializations:

• Value Based Business Analytics;
• Strategic Business Reporting;
• Audit and Assurance Strategies

The Master of Business Analytics programme aims to help students develop applied financial research skills for business. During the first year of study, students complete a research workshop on methods of research in finance and accounting and learn how to work with international data bases, develop a research model, and apply quantitative and qualitative data analysis methods. In addition, over the course of two years, students complete 2 real-life projects in each specialization under the supervision of industry experts and HSE School of Finance professors.

Each specialization features Virtual Labs led by international top-level experts. Students are exposed to high-level expertise and receive guidance as they work with topics of current importance for their specialization. Students strengthen their analytical skills and gain a deeper understanding of their chosen career track.

Students gain access to large global databases (Bloomberg, Thompson Reuters, Capital IQ, Van Dijk) and to world-wide finance and accounting journals and books via university library.

The programme involves students in the following activities and events to begin or advance their careers:

• Career drop-in sessions with head hunters in finance organized for HSE alumni from on-campus programmes
• Career planning micro module
• Resume banks which can be shared with head hunters and businesses from our networks;
• Alumni meetings with HSE graduates

In addition, programme instructors regularly invite experts from the industry to guest lecture in their courses. This allows students to interact with professionals in the field and get a better sense of what skills companies are looking for and how industry professionals comport themselves.

The programme has well established relationships with PricewaterhouseCoopers, Deloitte, KPMG, EY global consulting firms who have their own chairs at the School of Finance of HSE University. Our working partnerships have instilled a strong enthusiasm and preference for graduates of HSE University’s master’s programmes in finance.

Students will also benefit from the wide network that the HSE School of Finance has to offer. This network includes global professional associations, such as the Association of Chartered Certified Accountants (ACCA) and AICPA-CIMA (USA), which provide accreditation for particular courses and certificates for some specializations in the MS in Business Analytics.

The programme has an international team that includes professors and experts from HSE University, which is one of Russia’s leading universities and consistently ranks highly in the international QS subject rankings in accounting and finance. The team also includes experts from global consulting companies such as PricewaterhouseCoopers, Deloitte, KPMG, EY and large-scale Russian companies and banks. The programme’s Virtual Labs are led by colleagues from global networks such as World Intellectual Capital Initiative, AICPA, and ACCA, as well as leading experts in non-financial reporting from Italy, Germany, France, Australia, India, South Africa, and Asia.

Applications are not evaluated solely based on an applicant’s GPA and test scores. The admissions committee considers an applicant’s background, experience, and strengths demonstrated in the sum of their application materials.

To check whether your GPA and test scores meet the requirements do not hesitate to contact us by email: mbanalytics@hse.ru 

Yes. Prospective students may take available open courses on Coursera from ‘Principles of Finance’ specialization. If you apply to the programme and are accepted, the work you completed in the open courses will count towards your degree and thereby help you earn your degree faster.