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About us


The New Economic School (NES) is a unique higher education and research institute that was established in 1992, with the goal of following the best international practices in research and education in economics and finance. The quality of education at NES relies on strong faculty of Russian and foreign professors with PhDs in Economics and Finance from the world’s leading universities such as Harvard, UC Berkley, Columbia, MIT etc.

Our School is a community of inspiring individuals, whose aim is to succeed academically, socially and personally. Our goal is to provide excellent economic and financial education in Russia and raise future world-changers in Economics.

NES is a renowned Russian university with a world-class research. NES faculty work at the cutting edge of economics and publish materials in the most prestigious international journals, such as Proceedings of National Academy of Science, Quarterly Journal of Economics, Econometrica, Journal of Political Economy, The Review of Economic Studies, The American Economic Review, The Journal of Finance, Journal of Financial Economics and The Review of Financial Studies.

NES graduates are highly valued both in the private sector and in academia not only in Russia but across the world. Every year several of our students are admitted to the best PhD programs in the world, including Harvard, Stanford, UC Berkeley University of Chicago, etc.

The main scope of NES activities is: education, research, corporate training, development of economic education in Russia and the CIS countries.

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Organizational structure

Organizational structure as of 01/03/2019



NES professors represent the leading edge of the Russian economic science in the world’s community of economists, participate in the leading international conferences, and publish research papers in the most recognised international journals in economics, including: Econometrica, American Economic Review, Quarterly Journal of Economics, Review of Economic Studies, Journal of Economic Perspectives , Journal of Economic Literature, Journal of European Economic Association, Journal of Finance, Journal of Business, American Political Science Review.

There are several research centers at NES: a Center for Demographic Research (CDR), which was created in 2011, and a Research Laboratory of Social Relationships and Diversity of Society (CSDSI), established in 2013 in cooperation with the head researcher, Professor Shlomo Weber, recipient of a significant grant from the Russian government.



More than 90% of NES professors have PhDs in economics and finance from the leading universities, such as: Harvard, MIT, Columbia, NYU, LBS, Wisconsin-Madison, Northwestern University, and others. New Economic School is the first Russian university that have started hiring professors from abroad. Interviews with the candidates is hold during annual conference ASSA in Economics (AEA) and Finance (AFA). 


Educational programs

Master of Arts in Economics, MAE

Finance, investments, banks (MA / MSc in Finance, MAF, MSF)

  • Master of Arts in Finance (MAF) - applied magistrate (2 years).
  • Master of Science in Finance (MSF) - professional retraining program (1 year).

Economics of Energy and Natural Resources (Masters in Energy Economics, EE)

  • Master of Arts in Energy Economics (MAEE) - applied magistrate (2 years).
  • Master of Science in Energy Economics (MSEE) - professional retraining program (1 year).

Masters in Finance, MiF

The HSE and NES joint program in Economics (BAE).

More information about enrollment can be found on the admission committee site.


Corporate training

There are corporate training programs developed at NES.  In 2011 NES, together with the business school INSEAD created a unique product on the Russian market - a Russian analogue of the MBA program of international level. This program is designed for top 500 managers of Sberbank and includes regular classroom sessions, distance learning and independent fieldwork.


NES in rankings

New Economic School enters the best academic rankings, including the 2nd place among Russian universities in Economics according to Academic Ranking of World Universities (ARWU); 1st place in Russia in publications in leading economic and financial journals according to Tilburg University Economics Ranking; 3rd place among Russian universities according to QS World University Ranking by Subject (Economics and Econometrics). As well as:

  • РЭШ на 1 месте в рейтинге лучших вузов России по версии Forbes. 1st place in the ranking of the best Russian universities according to Forbes
  • 2nd place in the Top 25% Institutions in Russia RePEc.
  • Top 25% European Economics Departments RePEc.
  • Top 50 best economics faculties in the world, according to the rating SSRN.
  • 12th place in the top 50 universities in the scope of "economic and governance areas" of objective reputation rating by "Expert RA".



Today there are more than 1700 NES graduates. About 90% of the graduates find jobs in the first three months after finishing the university. About 75% work in the business, mainly in companies that are known as leaders of the Russian and international financial and real sector; 20% - chose an academic career at MIT, Stanford, Yale, Columbia, Penn State, NYU, LSE; 5% of NES graduates are working in the public sector.

NES Alumni Reunion 2018

NES Alumni Reunion 2018


Development of Economic education in Russia and CIS

NES trains highly qualified specialists for the Russian labor market and plays an important role in the development of economic education in Russia. NES professors also teach at the Moscow State University, RANHiGS, HSE, MISA and others.

Every year, winter and summer schools in different cities of Russia are conducted for teachers and researchers from the regions. The task of such schools - support of young scientists and their introduction into the global scientific environment. Well-known foreign economists are invited to participate in such workshops. Last winter school took place on the island of Russkii, where the campus of Far Eastern Federal University is located.


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