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.
During his visit to ICEF, Sergey Tsyplakov, a professor in finance at Moore School of Business of the University of South Carolina, delivered a lecture to students and contributed to ICEF-CInSt 11th International Moscow Finance Conference as a keynote speaker. In this interview, Sergey shares what surprised him about ICEF students, why scientific paper reviewing may not always be objective, and why people on Wall Street read academic research.
The class of 2022 faced the difficulties of the pandemic, moving to the new campus in Pokrovka, and completing their studies in a difficult geopolitical climate. This year's graduation ceremony was held at HSE University itself, allowing the graduates to celebrate their achievements together with their families, whose support was praised by HSE Rector, Nikita Anisimov, as well as hear praise from other members of the HSE management team.
Anatoly Braverman graduated with a bachelor’s degree from the ICEF programme in 2006, received invaluable experience conducting deals at a major Russian oil company and personally witnessed the history of investments in the Russian economy by becoming one of the first employees of the RDIF in 2011. In this interview with Success Builder, Mr Braverman explains why international education is especially useful when working for the betterment of the Russian economy, the nature of ‘anti-virus’ investments and how the RDIF directed them towards the development of the Sputnik V vaccine, and much more.
ICEF hosted its first in-person graduation ceremony since the pandemic led to the restrictions. Diplomas were awarded to two classes. Hosted by HSE Cultures Centre, the day-long ceremony unfolded in sessions, one for bachelor’s students and one for master’s. Congratulating graduands were the faculty of ICEF HSE and professors of the University of London (LU) and the London School of Economics (LSE).
Tonka Lange graduated from the HSE International College of Economics and Finance (ICEF) in 2008 and then entered the LSE Master’s programme. After five years of working at Goldman Sachs, she got her MBA at INSEAD and in 2021, started working as Senior Treasury Analyst at Amazon (Singapore). In this interview, Tonka talks about how a finance graduate can survive a crisis, what to do to get the most out of the LSE master’s programme, and the main advantages of an MBA degree.
Recognized card game masters claim that victory is possible only after making a thorough analysis of the likely combinations contained in your opponent’s cards, making it a literal application of data analytics to game theory. Anastasia Erastova, now a data scientist at the New York office of BNP Paribas, graduated from ICEF with honours. At the time, she was also the Russian vice-champion at bridge. In an interview with Success Builder, she explained why mathematics and gambling often go hand in hand, the advantages of studying next door to Wall Street and how math students can get a work visa in the United States.
At a recent webinar of the Master’s programme ‘Financial Economics’, held at ICEF (International College of Economics and Finance), presenters explained why the programme is unique and what sort of career prospects are open to alumni. Graduates of the programme, working at major global companies, shared their personal experiences, spoke about the key benefits of training and gave valuable advice to those preparing to work in international companies.
'After ICEF, It’s Easy to Enter a Western University because You’ve Already Studied in an International Environment'
Dmitry Storcheus set out to become an economist, but then shifted gears abruptly and went into mathematics. With a Master’s degree from the Courant Institute of Mathematical Sciences of New York University, he now works as a software engineer for Google and continues to conduct research with his academic supervisor and work on his PhD thesis. Here, he tells Success Builder why ICEF Mathematics graduates are head and shoulders above their U.S. competitors, why Facebook and Google are opening departments at universities, what ‘self-learning neural networks’ are and whether they threaten to unleash a real-life ‘Terminator’ against humanity.
This year, alternatives to studying abroad are as relevant as never before. HSE University annually launches new joint programmes with world’s biggest universities. One of HSE’s oldest and most recognized double degree programmes is the ICEF bachelor’s programme, in which students can earn a degree not only from HSE University, but from the University of London as well. Below, we talk about the advantages of such a degree, career opportunities after graduation, and the programme prerequisites.