Yury Dranev
- Leading Research Fellow, Head:Institute for Statistical Studies and Economics of Knowledge / Quantitative Modelling Unit
- Associate Professor:Faculty of Economic Sciences / School of Finance
- Associate Professor:Institute for Statistical Studies and Economics of Knowledge / Department of Educational Programmes
- Yury Dranev has been at HSE University since 2009.
Education and Degrees
- 2004
PhD in Financial Mathematics
University of Ottawa
Thesis Title: Equivalent Martingale Measures and Option Pricing in Jump-diffusion markets - 1996
Degree in Mathematics
Lomonosov Moscow State University, mathematics
Responsibilities
Planning and organization of activities of the department; managing the department's operations; increasing performance of the department; promoting the results of research projects in mass media and at the external events.
Courses (2021/2022)
- Corporate Risk Management (Master’s programme; Faculty of Economic Sciences; 1 year, 4 module)Eng
- Finance of Innovation (Optional course (faculty); Institute for Statistical Studies and Economics of Knowledge; 4 module)Eng
- Finance of Innovation (Master’s programme; Institute for Statistical Studies and Economics of Knowledge; 1 year, 4 module)Eng
- Integrated Risk Management (Master’s programme; Faculty of Economic Sciences; 1 year, 4 module)Eng
- Principles of Corporate Finance (Master’s programme; Faculty of Economic Sciences; 1 year, 1-3 module)Rus
- Project Seminar "From Digital Trends to Strategy Development" (Master’s programme; Institute for Statistical Studies and Economics of Knowledge; 2 year, 1, 2 module)Eng
- Risk Management (Master’s programme; Faculty of Economic Sciences; 2 year, 1, 2 module)Rus
- Seminar of the Mentor “Scientific Research Methods for STI” (Master’s programme; Institute for Statistical Studies and Economics of Knowledge; 1 year, 1-3 module)Eng
- Past Courses
Courses (2020/2021)
- Corporate Risk Management (Master’s programme; Faculty of Economic Sciences; 1 year, 4 module)Eng
- Finance of Innovation (Master’s programme; Institute for Statistical Studies and Economics of Knowledge; 1 year, 4 module)Eng
- Project Seminar "From Digital Trends to Strategy Development" (Master’s programme; Institute for Statistical Studies and Economics of Knowledge; 2 year, 1, 2 module)Eng
- Research Seminar (Master’s programme; Institute for Statistical Studies and Economics of Knowledge; 2 year, 1, 2 module)Eng
- Research Seminar (Master’s programme; Institute for Statistical Studies and Economics of Knowledge; 1 year, 3 module)Eng
- Risk Management (Master’s programme; Faculty of Economic Sciences; 2 year, 1, 2 module)Rus
Courses (2019/2020)
- Corporate Risk Management (Master’s programme; Faculty of Economic Sciences; 1 year, 4 module)Eng
- Finance of Innovation (Master’s programme; Institute for Statistical Studies and Economics of Knowledge; 1 year, 4 module)Eng
- Project Seminar "Innovation projects: from an idea to a business" (Master’s programme; Institute for Statistical Studies and Economics of Knowledge; 2 year, 1, 2 module)Eng
- Research Seminar (Master’s programme; Institute for Statistical Studies and Economics of Knowledge; 1 year, 3 module)Eng
- Risk Management (Master’s programme; Faculty of Economic Sciences; 2 year, 1, 2 module)Rus
Courses (2018/2019)
- Corporate Risk Management (Master’s programme; Faculty of Economic Sciences; 1 year, 4 module)Eng
- Finance of Innovation (Master’s programme; Institute for Statistical Studies and Economics of Knowledge; 1 year, 4 module)Eng
- Project Seminar (Master’s programme; Institute for Statistical Studies and Economics of Knowledge; 2 year, 1, 2 module)Eng
- Research Seminar (Master’s programme; Institute for Statistical Studies and Economics of Knowledge; 1 year, 3 module)Eng
- Research Seminar (Master’s programme; Institute for Statistical Studies and Economics of Knowledge; 2 year, 1, 2 module)Eng
- Research Seminar "Empirical Corporate Finance 2" (Master’s programme; Faculty of Economic Sciences; 1 year, 3, 4 module)Eng
Courses (2017/2018)
- Finance of Innovation (Master’s programme; Institute for Statistical Studies and Economics of Knowledge; 1 year, 4 module)Eng
- Research Seminar (Master’s programme; Institute for Statistical Studies and Economics of Knowledge; 1 year, 3 module)Eng
Academic Papers5
- Article Dranev Y. CAPM-Like Model and the Special Form of the Utility Function // Journal of Corporate Finance Research. 2012. Vol. 21. No. 1. P. 33-36.
- Article Дранев Ю. Я., Нурдинова Я. С., Редькин В. А., Фомкина С. А. Модели оценки затрат на собственный капитал компаний на развивающихся рынках капитала // Корпоративные финансы. 2012. № 2. С. 107-117.
- Article Дранев Ю. Я. Об использовании метода реальных опционов в электроэнергетике // Корпоративные финансы. 2011. № 1. С. 129-135.
- Article Дранев Ю. Я., Ананьев Н. С. Влияние изменения индикаторов фондового рынка на привлечение средств в российские паевые фонды акций // Корпоративные финансы. 2010. № 2. С. 5-15.
- Article Дранев Ю. Я. О риск-нейтральном подходе ценообразования реальных опционов // Корпоративные финансы. 2010. № 1. С. 62-73.
Working papers1
Conferences
- 2021
Effects of Enterprise Innovation Culture Openness (Москва). Presentation: M&A as a means of innovation
11th Annual International Academic Conference ‘Foresight and STI Policy’ (Москва). Presentation: Efficiency of Technology M&A: Implications for Open Innovation
- 2020Международная научная конференция «Форсайт и научно-техническая и инновационная политика» (Москва). Presentation: Forecasting Socio-economic Effects of Digital Transformation
- 2019Europe 4.0: Sharing the New Economy (Vienna). Presentation: Blockchain Technology: Applications in the European Financial Sector
GSOM Emerging Markets Conference 2019 (Санкт-Петербург). Presentation: Mergers & Acquisitions and Technological Efficiency: the Empirical View
- 2018XIX Апрельская международная научная конференция по проблемам развития экономики и общества (Москва). Presentation: Do network effects explain the patterns of cryptocurrencies adoption? Evidence from Bitcoin and Etherium Markets
- DEGIT XXIII (Москва). Presentation: A version of multisector DSGE model for Russian economy
- 2016World Finance Conference (Нью-Йорк). Presentation: COLOG Asset Pricing
12th EIASM INTERDISCIPLINARY WORKSHOP on “INTANGIBLES, INTELLECTUAL CAPITAL & EXTRA-FINANCIAL INFORMATION” (Санкт-Петербург). Presentation: R&D Expenditures and Cross Section of Stock Returns in R&D Intensive Markets
- 2014V World Finance Conference (Венеция). Presentation: Asymmetric exchange-rate exposure in BRIC countries
- 13th EACES Biennial Conference (Будапешт). Presentation: Differences in Exchange Rate Exposures in BRIC Markets
- 20139 th EBES Conference (Рим). Presentation: Entropic Risk Measures and Cost of Equity: Empirical Evidence from Russia
- XIV Апрельская Международная научная конференция (Моска). Presentation: Энтропийные меры риска и затраты на капитал: эмпирические свидетельства из России
Effects of Enterprise Innovation Culture Openness in ISSEK’s Measurements
Participants of the international workshop ‘Corporate Innovation Climate’ discussed the latest research results in the field of open innovation on May 26, 2021. The workshop was organised by HSE Institute of Statistical Studies of Economics of Knowledge (ISSEK) jointly with University of Twente (the Netherlands) in the framework of the Human Capital Multidisciplinary Research Centre (HCMRC).
Human Capital, Innovation, and Fintech: What the Future Holds for Eurasian Integration
To what extent do the countries of the Eurasian Economic Union (EAEU) benefit from an open economy? What financial, scientific, and educational policy tools will contribute to the implementation of the recently approved ‘Strategic Directions for the Development of Eurasian Economic integration until 2025’? These questions were discussed by participants in a series of expert discussions at the XXII April International Academic Conference on Economic and Social Development organised by HSE University and Sberbank.
'The impact of innovations on the company value: challenges for a CFO'
School of Finance holds the round table on the theme "The impact of innovations on the company value: challenges for a CFO" at the Russian CFO Summit on the 23-24th of October.
6th annual PhD workshop "Financial Markets and Corporate Strategies: Comparative Studies"
The main objective of the workshop was to develop academic networks and stimulate exchange between young researchers. PhD students were provided 20 minutes for presentations and received detailed feedback from senior academics in the field. The best papers from the workshop will be published in academic journal ‘Journal of Corporate Finance Research’
Kaja Ciglic: “We Can Be More Secure, But We Will Not Be Totally Secure”
On 9 December, 2016 HSE ISSEK in partnership with Microsoft organised seminar “Cybersecurity. The role of government; business and society”. Kaja Ciglic, Sr. Cybersecurity Strategist, Microsoft, discussed geopolitical trends of global cybersecurity and various initiatives in this space proposed by different stakeholders with the students and faculty.
HSE Hosted a Round Table Discussion of the Role of Financial Technologies in Development of the Financial Sector
On 13 December, the Higher School of Economics jointly with the Bank of Russia hosted a round table discussion “Financial technologies and the future of the banking sector”. Vadim Kalukhov, director of the RF Central Bank’s Financial Technologies, Projects, and Process Organisation Department, made a presentation on major relevant trends and the Bank of Russia’s key projects.