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, 2024:
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.