Master in Corporate Finance (MCF)

Managerial Economics

Consideration of economic principles in terms of effective business management. You will learn how to analyze the market, optimally allocate resources and determine the best alternative to business development.

Corporate Finance

Financial efficiency and profit are one of the main indicators of business success. You will understand how the budget is formed, learn how to analyze financial flows and investments, redistribute funds to achieve optimal growth of the company.

Quantitative Methods in Finance

Conducting research and managing business processes require the use of quantitative and qualitative methods of analysis. You will learn in practice to determine the necessary areas of research, to collect and analyze quantitative data using special programs and concepts.

Financial Markets and Instruments

The course provides a complete understanding of the basic principles of financial markets and the various financial instruments available for investment and funding. Students will learn how to evaluate the effectiveness of financial markets and predict risks. The course covers four main blocks: demand and pricing for financial assets, markets for basic and derivative securities, market organization, and the role of hedge funds.

International Oil and Gas Markets

Energy consumption is one of the key indicators of the country's development rate and a key line in the state budget. Understanding the principles of the energy market functioning is a necessary skill for the manager of any company. You will study the global trends in the oil and gas markets, their main players, how energy prices are formed and how they affect international business.

Contemporary Financial Intermediation

The course includes basic theories and approaches related to financial intermediation, in particular, intermediation between the banking and financial markets. Students will consider the main issues of financial intermediation in a changing environment, study the role of banks in providing liquidity and payment and settlement services, and become familiar with risk management and monitoring of borrowers.
In addition, this course covers central bank instruments and monetary policy, as well as the role of central banks in macroeconomic and financial stability and their response to recent explosions of global and regional instability.

Practical seminars and trainings on the development of soft skills help to expand the horizons and skills of students. The training plan includes training in creating presentations, teamwork, conducting business correspondence and negotiations, as well as developing communication and social skills. In addition to developing "soft" competencies, the program provides training on working with special software products. All trainings involve active involvement of representatives of Russian and international companies-corporate partners of GSOM SPbU.

Students are given the opportunity to learn a second foreign language to gain an additional competitive advantage. Therefore, a second foreign language, in addition to English, is part of the curriculum and a mandatory requirement for all students. Each student is offered one of the following languages — French, German, and Spanish-for three semesters (foreign students are also given the opportunity to learn Russian as a foreign language).

Consulting project

One of the mandatory elements of the curriculum in the second year of study is the implementation of a consulting project. Students, united in teams of 5-6 people with the obligatory involvement of exchange students, carry out a project to solve an actual management problem formulated by the corporate partner of GSOM SPBU (each group is working on its own project). The work is supervised simultaneously by a representative of the partner company and a teacher of GSOM SPBU.

Summer internship

After the first year of study, each student passes a mandatory internship in one of the partner companies of GSOM SPBU. This part of the program is designed to help students learn how to apply their theoretical knowledge and practical skills in a real business environment. The internship lasts at least 6 weeks and usually takes place in the largest Russian or international companies.

You can see the general structure of program in the table below.

Each student works on their master's thesis under the guidance of a research supervisor, who is selected based on the student's professional interests stated in the research seminar. Work on the master's thesis begins in the first semester and continues until the defense at the final stage of training. Every semester, students submit a report on the progress of work on their thesis, a mandatory part of which is to conduct independent research.