Summary of Degree Programme
38.04.08 Finance and Credit
HSE University Educational Standard: Master's Degree (from 2021) (signature)
HSE University Educational Standard
No
2 years
Full-time, 120
ENG
Instruction in English
Master
No
2022/2023 Academic year
Value Based Business Analytics
КОР-2. develops methods for analyzing the effectiveness of the transition to corporate models based on the principles of sustainable development and ESG transformation
КОР-3. on the basis of concepts, develops the ability to formulate tasks, stages and models of applied research on value growth strategies for different categories of company stakeholders, explains the role of non-financial capital in achieving efficiency, value growth for financial and non-financial stakeholders of the company
КОР-4. forms the skills of modeling long-term factors and processes of creating the value of companies, taking into account the specifics of its non-financial capital, evaluates the best practices of financing, investing, strategic transactions for sustainable long-term growth in business value
КОР-5. explains the functioning of the corporate governance system, integrated risk management and compliance to achieve the goals of inclusive economic growth
КОР-6. evaluates best practices for business decision analytics
The master programme graduates’ professional spheres are as follows:
01 Education and Science (occupational education and supplementary vocational education);
08 Finance and economics (economics, finance, marketing and analytics).
Types of career tracks in which the graduates may be involved after completing the master’s programme:
- Business analytics for financial management
- Business analytics for value-based compliance
ПК-1 Able to develop complex financial models of strategies for increasing the value created for different categories of stakeholders
ПК-2. Able to develop a system of indicators for managing the company as a whole and its various divisions, focused on value growth for different categories of stakeholders.
ПК-3. Able to develop effective financing policies using green finance tools.
ПК-4. Able to apply modern digital technologies for business decision analytics and planning.
ПК-5. Able to conduct applied research on the quality of company growth, best practices in different industries and ways to adapt them to the specifics of industries, organizational forms of companies
Strategic Business Reporting
КОР-2. develops an analytical framework and scorecards to measure the non-financial capital of the company, taking into account the industry profile and types of business models
КОР-3. develops methods for implementing the principle of connection between non-financial data, non-financial capital and future financial results of companies
КОР-4. develops methods for identifying and assessing the quality of disclosure of financial and non-financial information in the formats of integrated reporting of companies, explains the specifics and methods for verifying non-financial reports in the format of integrated reporting
КОР-5. based on concepts, develops the ability to formulate tasks, stages and models of applied research on disclosure of non-financial information, assessment of the quality of non-financial reporting, the role of such reporting in business decisions, in achieving value growth objectives for all categories of stakeholders
КОР-6. Identifies areas for the development of non-financial reporting, taking into account the dynamics of business models, technologies, ESG practices and compliance requirements
The master programme graduates’ professional spheres are as follows:
01 Education and Science (occupational education and supplementary vocational education);
08 Finance and economics (economics, finance, marketing and analytics).
Types of career tracks in which the graduates may be involved after completing the master’s programme:
- Business analytics for financial management
- Business analytics for value-based compliance
- Business analytics for strategic consulting
- Accounting and reporting (financial and non-financial)
ПК-1. Able to develop the architecture of non-financial integrated reporting for companies in various industries
ПК-2. Able to evaluate the effectiveness of the components of intellectual capital and develop a system of key indicators for their use
ПК-3. Able to develop a system of non-financial indicators of integrated reporting for different industries and types of business models of companies
ПК-4. Capable of creating comprehensive, integrated reports connecting non-financial data, how value is created for stakeholders, and explaining the current and future financial results of companies
ПК-5. Able to create a management reporting system for monitoring the efficiency of using non-financial capital and creating value for different categories of company stakeholders
ПК-6. Able to create a management reporting system for boards of directors to ensure compliance functions of companies in various industries
2021/2022 Academic year
Value Based Business Analytics
Strategic Business Reporting
Master of Business Analytics is a unique online master's program that perfectly fits into the mainstream of business views on the tasks and ways of turning business models into the field of achieving the UN Sustainable Development Goals, challenges that business itself has formulated as stakeholder capitalism at World economic forums and high-level discussion platforms.
Components implemented in the "Master of Business Analytics" online degree in conjunction with the world-wide known Coursera platform:
- the rigorous curriculum prepares students to be leaders in the field of business analytics and finance in inclusive regenerative economy combining sound background in finance and accounting with Project’s Labs based on real-world business analytics problems under supervision of industry experts and Virtual Labs with international experts from International Council of the programme.
- students will work with real–world data sets from global companies (Bloomberg, Thomson Reuters, Capital IQ, Van Dijk) to be prepared to career outcomes in finance, ESG, investor relations departments of companies and investment banks, strategic consultancy.
- program’s solid team of lecturers both from the HSE University and industry (global consultancy and banks, large-scale Russian companies and banks) is excited and enthusiastic about the opportunity to offer high-quality instruction to online degree learners.
- to develop background in statistics and quantitative skills students will have an ability to do so through recommended open courses on Coursera and stackable open content at Coursera from the HSEs’ specialization "Introduction to Value - Based Business Analytics".
- students will gain from our international networks with professional bodies and associations such as AICPA-CIMA, ACCA, IMA, World Intellectual Capital Initiative, Value Reporting Foundation.
“Master of Business Analytics” graduates develop:
- frameworks and measurers for new vision of company’s goal - stakeholder value creation - how to create value not only for shareholders, but as well for non-financial stakeholders
- integrated thinking competences to analyze financial capital, non-financial capitals, mainly human, organizational and clients (relational), natural capital and how they predetermine future financial results
- skills in strategic reporting to secure the connectivity between non-financial capitals, sustainability of business and future financial performance
- ability to think strategically and see the big picture of all types of resource base in the companies, how the non-financial capitals can be measured, described by different metrics and how these metrics should be adjusted to industry and organizational type of business.
The master programme graduates’ professional spheres are as follows:
01 Education and Science (occupational education and supplementary vocational education);
08 Finance and economics (economics, finance, marketing and analytics).
Types of career tracks in which the graduates may be involved after completing the master’s programme:
- Business analytics for financial management
- Business analytics for value-based compliance
- Business analytics for strategic consulting
- Accounting and reporting (financial and non-financial)
This degree programme of HSE University is adapted for students with special educational needs (SEN) and disabilities. Special assistive technology and teaching aids are used for collective and individual learning of students with SEN and disabilities. The specific adaptive features of the programme are listed in each subject's full syllabus and are available to students through the online Learning Management System.
All documents of the degree programme are stored electronically on this website. Curricula, calendar plans, and syllabi are developed and approved electronically in corporate information systems. Their current versions are automatically published on the website of the degree programme. Up-to-date teaching and learning guides, assessment tools, and other relevant documents are stored on the website of the degree programme in accordance with the local regulatory acts of HSE University.
I hereby confirm that the degree programme documents posted on this website are fully up-to-date.
Vice Rector Sergey Yu. Roshchin