full-time

Admissions information

NES accepts applications for the following master programs:

 ‘Master of Arts in Economics’ (MAE), 2-year program

 ‘Master of Arts in Finance’ (MAF), 2-year program

‘Master of Science in Finance’ (MSF), 1-year program

Applicants can apply for several programs at the same time.

 

Entry requirements

The applicant should submit scans of the following documents by July 20, 2023:

  1. Higher education diploma with supplements (legalized in the prescribed manner).
  2. Certificate of recognition of a higher education diploma from a foreign state.
  3. Scan of the passport page with photograph and visa (if available).
  4. photos/scans of the documents should be in jpg or png format, not more than 300 pixels in length.
  5. For programs ‘Master of Arts in Finance’ (MAF), ‘Master of Science in Finance’ (MSF), a Motivation letter is required.
  6. International applicants should supply International certificates (certificates accepted by NES are listed in the section ‘international certified tests’).

For further information on application documents please contact [email protected].

 

Entrance tests

All programs have two entrance tests

MATHEMATICS
ENGLSIH

A motivation letter and an on-line interview are additional requirements for the programs ‘Master of Arts in Finance’ (MAF), ‘Master of Science in Finance’ (MSF).

 

Maximum points

MATHEMATICS

‘Master of Arts in Economics’ (MAE) – 12 points

 ‘Master of Arts in Finance’ (MAF), Master of Science in Finance’ (MSF)– 10 points

ENGLISH

For all programs there is a maximum of 10 points.

 

Internationally certified tests

The following English language and Mathematics qualifications are accepted as evidence of competence.

MATHEMATICS

GRE Subject Test in Mathematics is accepted at all the programs.

‘Master of Arts in Finance’ (MAF), ‘Master of Science in Finance’ (MSF) also accept  the results of the GRE General (Quantitative section) and GMAT (Quantitative section).

The test scores are converted into the NES scale score according to the following table:

 

GRE Subject Test in Mathematics NES entrance exam in Mathematics

820 points and more

12

780 – 819

11

750 – 779

10

720 – 749

9

680 – 719

8

640 – 679

7

600 – 639

6

560 – 599

5

520 – 559

4

480 – 519

3

 

At ‘Master of Arts in Finance’ (MAF) and ‘Master of Science in Finance’ (MSF) programs the test scores are converted into the NES scale score according to the following table:

 

GRE Subject Test in Mathematics GRE General
(Quantitative section)
GMAT
(Quantitative section)
NES entrance exam in Mathematics

780 points and more

167 - 170

50 points and more  

10

720 - 779

163 - 166

45 - 49

9

680 - 719

159 - 162

40 - 44

8

640 - 679

155 - 158

35 - 39

7

600 - 639

151 - 154

30 - 34

6

560 - 599

148 - 150

26 - 29

5

520 - 559

144 - 147

21 - 25

4

480 - 519

140 - 143

16 - 20

3

 

Please indicate the NES code when you take the test so that we could confirm the authenticity of your certificate: 

ETS code for GRE tests № 1928 (GRE Institution code NES - 1928).

GMAT Institution code for MAF/MSF № 5K0-2X-46

You need to provide us with the original certificate if you or the testing organization have not sent it to us by post.

 

ENGLISH

We accept the following English language tests:

TOEFL IBT (TEST OF ENGLISH AS A FOREIGN LANGUAGE, INTERNET-BASED TESTING)

IELTS (INTERNATIONAL ENGLISH LANGUAGE TESTING SYSTEM, ACADEMIC)

CAE (CERTIFICATE IN ADVANCED ENGLISH)

СРЕ (CERTIFICATE OF PROFICIENCY IN ENGLISH)

BEC H (BUSINESS ENGLISH CERTIFICATES HIGHER)

The test scores are converted into the NES scale score according to the following table:

 

TOEFL IBT (Internet-based Testing) IELTS (Academic) TOEFL iBT Special Home Edition TOEFL ITP Level I (Intermediate to Advanced) CAE (Certificate in Advanced English) СРЕ (Certificate of Proficiency in English) BEC H (Business English Certificates Higher) NESscore

from 108

from 8

от 108

n/a

A

C and higher

A

10

102-107

7.5

102-107

n/a

B

 

B

9

96-101

7

96-101

656-677

C

 

C

8

86-95

6.5

86-95

626-655

 

 

 

7

75-85

6

75-85

591-625

 

 

 

6

65-74

5.5

65-74

543-590

 

 

 

5

 

 

Please use the following NES code: (TOEFL Institution code NES-0427) when you register for the TOEFL test.

 

 

Subscribe to the email newsletter of the New Economic School