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.
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.
The HSE Endowment was created in 2007 and includes donations from individuals and companies. As of today, it comes to over 550 million roubles. It is only surpassed by the endowments of four other leading Russian universities – St. Petersburg State University (1.036 billion roubles), MGIMO (1.5 billion roubles), European University in St. Petersburg(1.64 billion roubles), and SkolTech (4.387 billion roubles).
Following a long history of cooperation between HSE and VTB24 bank, a programme has been launched to fund financial research through a university endowment. This entails the establishment of a VTB Chair position as the logical outcome of this programme.
The funding will be allocated on a competitive basis. The first round of applications has already started and will run until October 15, 2016.