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+7 (495) 772-95-90
Address: 11 Pokrovsky Bulvar, Pokrovka Complex, room S528
SPIN-RSCI: 6199-7961
ORCID: 0000-0002-0729-1731
ResearcherID: K-1974-2015
Scopus AuthorID: 56426952400
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S. B. Avdasheva
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Maria Sheluntcova

  • Maria Sheluntcova has been at HSE University since 2006.

Education and Degrees

  • 2011

    Candidate of Sciences* (PhD) in Finance, Monetary Circulation and Credit
    HSE University

  • 2008

    HSE University

* Candidate of Sciences
According to the International Standard Classification of Education (ISCED) 2011, Candidate of Sciences belongs to ISCED level 8 - "doctoral or equivalent", together with PhD, DPhil, D.Lit, D.Sc, LL.D, Doctorate or similar. Candidate of Sciences allows its holders to reach the level of the Associate Professor.

Awards and Accomplishments

Young Faculty Support Programme (Group of Young Academic Professionals)
Category "Future Professoriate" (2017-2018)
Category "New Lecturers" (2009-2011)

Courses (2023/2024)

Courses (2022/2023)

Courses (2021/2022)

Courses (2020/2021)

Courses (2019/2020)



2019 Annual Conference Society for Benefit-Cost Analysis (Вашингтон). Presentation: Estimating social discount rate for the long-term transport investment projects in Russia

Participation in Conferences

  • Apri 2014. Scottish Economic Society 2014 Annual Conference, Perth, Scotland. Paper "Estimating the relationship between rate of time preferences and health behavior of Russians" (co-author with T. Kossova & E. Kossova)
  • July 2013. OECD-Universities Joint Conference. New Directions in Welfare III “Economics for a Better World”. Paper "Social discount rate in Russia: sectors' imbalances and value selection" (co-author with T. Kossova)
  • August 2012. Finance and Economics Conference 2012, Lupcon Center for Business Research, Munich, Germany. Presentation on ‘Towards a social discount rate in Russia: methodology and regional differences’ (co-author with T. Kossova)
  • April 2012. XIII April International Academic Conference on Economic and Social Development. HSE, Moscow
  • July 2011. International conference ‘Financial crisis, labour markets and institutions’, University Roma Tre and EAEPE, Rome, Italy. Presentation on ‘Social rate of time preferences for Russia’
  • May 2011. 3rd International Conference ‘Health financing in developing and emerging countries’, Unviversite D'Auvergne, Clermont-Ferrand, France. Presentation on ‘Health projects in Russia: determination of a social discount rate’
  • June 2010. Euro – American Conference for Academic Disciplines of International Journal of Arts & Sciences, Aix-an-Provence, France. Presentation on ‘Evaluation of a social discount rate for different spheres of the public sector of the economy’
  • November 2009. The International Conference on Economics and Administration, Faculty of Administration and Business, University of Bucharest, Romania. ICEA – FAA Bucharest. Presentation on ‘Evaluation of a social discount rate for the Russian Federation’;
  • October 2007. Student Research and Professional Conference, HSE. Presentation on ‘Evaluation of the social discount rate’
  • April 2006. VII April International Academic Conference on Economic and Social Development. HSE, Moscow. Presentation on ‘Evaluation of the social discount rate’

Continuing Education

Continuing Education


  • December 2011: master class on Academic Writing by Eelko Huizingh (Huizingh Academic Development), HSE Perm;
  • September 2011: course in Advanced Econometrics (HSE Center for Continuing Professional Education);
  • July 2011: Commodity Investments and Assets Management summer school, University of Ulm, Germany, Ulm (Tiberius Summer School grant);
  • July 2011: Financial Crisis, Labor Markets and Institutions summer school, The European Association for Evolutionary Political Economy & University Roma Tre, Faculty of Economics, Italy, Rome;
  • October 2009: course in Modern Instrumental Methods in Economic Theory, HSE Moscow;
  • August 2009: ‘It’s All About Money’ Utrecht Summer School, organized by Hogeschool Utrecht Business School, University of Applied Sciences, the Netherlands, Utrecht;
  • July-August 2009: Financial Decision Making, The International Summer School BES La Salle, Spain, Barcelona;
  • July 2007: summer school on Analysis of socio-economic behaviour of population on the basis of Russia Longitudinal Monitoring Survey, Moscow, HSE


Research Interests

  • Performance estimation in the public sector
  • Corporate finance


Corporate finance, Financial planning.

Timetable for today

Full timetable

‘Professionals Who Have Studied Outside Their Home Countries Should Shape New Narratives’

Studies in lockdown, the fun of Russian classes, and the hardships of learning microeconomics: the HSE News Service talked to three international students of economics who are getting their master’s degrees from HSE University this year.

Think Before You Drink: Why Women Live Longer Than Men

Women are more likely to live to old age because they are less prone to indulge in bad habits than men. A whole range of social, biological and other factors—such as women being more likely to visit the doctor and exercise—also play an important role. Experts from HSE University and RANEPA analyzed the effects of various factors on the reduction in men's life expectancy, which varies based on habits and ideas about male behavior in different countries.

Quality of Life or Medicine? HSE Researchers Learn the Key to Living Longer

Everyday living conditions — income, housing, and sanitation — affect health and life expectancy more than the availability and quality of medicine. At the same time, the health system itself plays a crucial role in treating infection. This is what a recent study by researchers of HSE University has found.

HSE Experts Presented a Paper in Paris

In early July 2013, a joint academic conference of the Organization for Economic Co-operation and Development (OECD), The University of Oxford, and the British Open University, took place in France. The conference was dedicated to the problems of welfare economics and was held in the OECD headquarters in Paris. Several HSE experts took part in the event.