HSE Endowment Fund to Include New Endowment Fund for ICEF
An Endowment for the Development of the International College of Economics and Finance (ICEF) has been created within the HSE Endowment Fund to provide financial support for the ICEF’s long-term projects. Thanks to the endowment, the ICEF will also be able to direct more funds to research and expand the range of opportunities for the professional and personal growth of its students.
What is the HSE Endowment Fund?
Like any major international university, HSE has a financial endowment (the HSE Endowment Fund), which serves as an independent financial ‘cushion’ for the University. It was created in 2007 by three of the University’s founders – Alexander Shokhin, Evgeny Yasin, and Yaroslav Kuzminov.
Endowment Fund of HSE University
Combined total of HSE’s seven endowment funds as of October 31, 2019
The HSE Endowment Fund finances and ensures the development for the University’s most important projects. The fund is currently comprised of seven funds which each provide support for initiatives and activities such as university development, student mobility, research, and more. It can also finance new initiatives (such as drawing up design proposals for the construction and renovation of campus buildings, for example), for which it is difficult to secure funds from traditional sources. The new Endowment for the Development of the ICEF will be the eighth section of the University’s endowment.
Why is the ICEF Receiving its own Endowment Fund?
The HSE International Institute of Economics and Finance, founded on the basis of a collaborative agreement between the London School of Economics (LSE) and HSE, is one of the leading centres for research and education in economics and finance in Eastern Europe. The endowment will help the ICEF continue to maintain its status as a centre of academic excellence and bolster its profile as a member of the global academic community.
The new endowment fund will allow the ICEF to provide more opportunities for the professional and personal development of its students and direct more funds to advanced research.
The first donor of the ICEF endowment was AO UniCredit Bank.
The main objectives of the ICEF endowment fund are:
to create sustainable long-term sources of financing for the academic development of the institute;
to provide financial support for world-class research;
to maintain the infrastructure of the Institute and ensure the accessibility of its programmes to all students, regardless of family income.
The University of London (UoL) has completed the monitoring of the performance of Teaching Centres that operate under the Teaching Centres Recognition Framework. Upon consideration of the information gathered, the performance achieved by International College of Economics and Finance has been rated as excellent.
Is it difficult to enroll in a university abroad? Where do Russian students go wrong when they start an overseas training programme? Will artificial intelligence eventually replace humans in the domain of Finance? We talked to Dr. Georgy Chabakauri of The London School of Economics and ICEF International Academic Committee to get answers to these and many other questions.
Graduates of HSE University’s International College of Economics and Finance (ICEF) traditionally receive their degrees against a backdrop of grand fireplaces, an oak staircase, and a balcony overlooking the Kremlin. This is because the ICEF holds its commencement ceremony at the British ambassador’s residence on the Sofiyskaya Embankment. And this is not by accident. Graduates of the ICEF’s bachelor’s programme receive two degrees from HSE and the University of London, respectively, while graduates of the ICEF’s Master’s Programme in ‘Financial Economics’ receive a degree from HSE and the London School of Economics. This year marked the ICEF’s 19th commencement ceremony.
The Second ICEF Conference in Applied Economics will be held at HSE University on September 14. The HSE News service spoke with organizers and participants about the upcoming full-day event, which features eight papers presented by renowned specialists from Russia and across Europe and concludes with an evening dinner.
Olesya Kondrakhina, ICEF Principles of Accounting lecturer, Assistant Lecturer for the Management Accounting programme at the University of London and three-time winner of the Best Teacher award at ICEF, spoke on how to keep a lecture hall full of students interested in accounting, the latest technical tools in her arsenal and a childhood dream.
On September 13, 230 graduates of ICEF-UoL Bachelor’s and Master’s programmes received their diplomas. The history of HSE's collaboration with the London School of Economics of the University of London spans more than 20 years and demonstrates the integral role that international cooperation between universities plays in academic, research, and cultural development. The graduates of 2018 are sure to continue this tradition.
This spring we found out that it takes 56,000 LEGO bricks to build an eight-meter-high model of the Titanic and that after more than half a decade, people still aren’t sick of putting together simple pieces of plastic. Sergey Kozlov, a graduate of ICEF and currently LEGO’s operations director in Seoul, told Success Builder why he likes moving, why the Christiansens’ family business doesn’t fire people, and whether or not he gets to play with LEGO bricks at his desk.
Olga Balakina graduated from the ICEF master’s programme in 2011, and in May she successfully defended her PhD thesis in finance at Bocconi University, Italy. This autumn Olga continues her academic career at one of Northern Europe’s oldest universities, Lund University, Sweden. Olga spoke to the HSE news service about her memories, chocolate, and non-stop work.
The HSE International College of Economics and Finance (ICEF) is turning 20. The college celebrated its anniversary with a gala at the Pushkin Museum and with its largest graduating class ever.
The Centre will include a swimming pool, a climbing wall, a gym, as well as dedicated space for basketball, tennis, badminton and other sports. The plan is to build the three-storey venue of almost 12,000 sq.m in under two years.