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NES > Education > Academic programs > Bachelor of Arts in Economics > For International Partners

The NES 25th Anniversary Conference
CENTER for the Study of Diversity and Social Interactions

For International Partners


The leader of modern economics education in Russia and Eastern Europe, New Economic School (NES) seeks partner universities that can offer study abroad opportunities for talented and motivated Russian students and/or send their undergraduate students to spend one or two semesters in Moscow to take courses in one of the best undergraduate programs in economics in Russia.

Founded in 1992, New Economic School is a unique institution positioned to address the demand for high quality education in Russia. NES adheres to the highest international standards in education.

NES was the first educational institution in Russia to attract faculty with PhDs from internationally renowned universities, including Harvard, Oxford, MIT, Princeton, LBS, and Columbia GSB. NES has consistently received the highest ranking among the top economics research departments in Russia and Eastern Europe.

Over 20 years of existence, NES has placed more than 200 of its MA in Economics graduates in PhD programs abroad, including more than 50 who went to top 5 PhD programs in Economics. Now NES graduates are among faculty of the top economics departments around the globe, including those at MIT, Princeton, Yale, Berkeley, and the London School of Economics.

The School offers both two-year masters programs in economics and finance and, starting from 2011, an undergraduate program in economics which is built in partnership with another respectable Russian institution – Higher School of Economics (HSE).

The Joint HSE-NES Undergraduate Program is the first undergraduate program in Russia combining liberal arts and science curricula. The goal of such a balanced curriculum is to provide both a broad liberal arts education and a strong and structured core in economics and mathematics.

Through partnerships with universities worldwide, NES prepares students for today’s competitive global professional environment and provides opportunities for multicultural communication in class.

We are interested in different kinds of study abroad opportunities for our undergraduate students, and we seek to attract international students to the Joint HSE-NES Undergraduate Program.

Why should your institution be interested in building partnership with NES and the Joint HSE-NES Undergraduate Program in Economics?

1) Approaches to Curriculum Development
NES shares the liberal arts orientation of the leading American and European colleges and universities. We choose to offer a wide range of courses in economics, mathematics, social sciences and humanities (e.g., history, philosophy, political science) as well as natural sciences (e.g., biology, physics). While our economics curriculum covers all traditional areas, it also includes courses in both social sciences and humanities designed for students with specific interest in Russian and East European studies, including economics of transition, economic and cultural history of Russia and neighboring countries, political studies of post-Soviet regimes, and Russian history and literature. Our facultyincludes world-level experts in these disciplines. In addition, visiting students can enroll in classes offered in Russian as a second language.

2) Academic Excellence through Research and Teaching
Many of our faculty have earned their PhDs from or have worked at the leading universities of the world, such as Harvard, MIT, Princeton, Stanford, Northwestern, and LBS. The NES faculty has an extensive track record of publications in top economics journals, including QJE, AER, REStud, and Econometrica; recently, NES professors have also published papers in top political science journals such as APSR and AJPS. Every year NES attracts visiting professors from MIT, Pennsylvania State University, University of Michigan, LBS and other universities. We are open to both joint research and curriculum development opportunities.

For more information about our faculty and curriculum, please visit our Web-page //

3) Opportunities to Network with Future Intellectual Leaders of Russia
Our students are exceptionally talented, motivated, and determined to pursue a degree in economics. In 2011, two thirds of the winners of All-Russia High-School Competition in Economics – who were guaranteed admission to any undergraduate program in economics in Russia by law - chose the joint HSE-NES program. Thus, our program provides an unrivaled opportunity to network and make friends with the future intellectual leaders of Russia.

4) Focus on Students
NES provides an individual and flexible approach to each and every student through small class sizes and frequent interaction between students and faculty, including advising, tutoring, and supervising students’ independent research. We are focused not only on students’ learning, but also on the development of their personal and social skills. Especially important are critical thinking and communication skills; NES launched the first Writing and Communication Center in Russia in 2011, and the WCC has been a huge success.

5) Infrastructure and resources for international students
Both HSE and NES provide dormitories, libraries, computer rooms, and other necessary infrastructure and resources for international students. Such services as visa support, travel arrangement assistance, and cultural and entertainment programs are also readily available.

To see more detailed information about NES, HSE, the Joint HSE-NES Program and our existing international programs and partners, please visit our web-page // Also you can contact us via email

Sample of Courses (delivered in English in 2012-2013 academic year):

The Making of the Contemporary World, 1900 – 2000 (fall semester)
This an introductory undergraduate-level course on contemporary history, aimed at non-specialist students of history. It is a wide-ranging comparative course that explores important themes, concepts and theories relevant for the study of the 20th century. The course will examine theories of imperialism, as well as the emergence of nation states as empires collapsed. It will also turn to the challenge to liberal democracy posed by the totalitarian regimes which first emerged in interwar Europe. This will be followed by a discussion of genocide, the emergence of total warfare and the challenges of post-war reconstruction. Finally, the course examines the place of the nation-state in an era of global capitalism, as well as the broader issues of minority rights and migration.

The course presupposes a basic knowledge of contemporary history and familiarity with contemporary politics, as well as proficiency in English, which is the language of instruction).

History of International Relations, 1945-1989 (spring semester)
This is an introductory undergraduate-level course on the history of international relations in the contemporary era, aimed at non-specialist students of history. The course will cover the development of the international history from the end of the Second World War in 1945 until the end of the Cold War in 1989, with special attention to the foreign policies of the Soviet Union and the United States. The course will also deal with topics such as domestic and external factors shaping foreign policy; the origins and course of the Cold War including detente and the end of the Cold War; East-West relations in Europe; European integration; the external relations of Asia and the Middle East, particularly with the Soviet Union and the United States; the Soviet Union’s relations with eastern Europe; decolonization and conflict in the  developing world. The course presupposes a basic knowledge of contemporary history and familiarity with contemporary politics, as well as proficiency in English, which is the language of instruction.

Introduction to Finance (spring semester)
This course will cover the basic topics in corporate finance and investments. Core concepts will include the time value of money, opportunity costs, arbitrage pricing, bond valuation, stock valuation, concepts of risk, portfolio theory, asset pricing and market efficiency. Basis statistics need for learning these concepts will be covered as well.

These include measurement of arithmetic and geometric means, expected values, and historic and expected variance and covariance.

Coming soon
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The 4th Workshop on Relational Contracts will be hosted by the Becker-Friedman Institute and the Coase-Sandor Institute for Law and Economics at the University of Chicago on September 14 – 15, 2018. Marta Troya-Martinez co-organizes the workshop. The call for papers can be found here. Submissions are welcome until April 10.
CANCELED February 19 / 1.45 pm, r. 114 Job Market Seminar: Weija Li (Berkeley) "Rotation, Performance Rewards, and Property Rights"
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