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S. Yakovlev, J. Lockshin
ICEF HSE (Russia)
Milestones in ICEF history
1995
The idea to create ICEF appears within the framework of the joint
European project “Contemporary economic education at MSU” of the
“Tempus” programme.
1997
ICEF is founded at HSE with the academic support of LSE.
The first group of 38 students are admitted to its novel double degree
BSc programme.
2001
The first graduation ceremony for ICEF students is held, and the first
ICEF graduates are awarded HSE and University of London degrees.
2004
Recruitment of full time teachers who are PhD graduates from leading
foreign universities begins.
2007
ICEF launches its Masters programme in Financial Economics
with the academic support of LSE.
2008
ICEF offers a new double degree programme in Economics based on the
Diploma for Graduates.
LSE Director Howard Davies visits ICEF, conducts a seminar for ICEF
MSc students and gives a public lecture on the financial crisis
ICEF Today
3 degrees are currently offered:
BSc
MSc
Double degree programme
1) UoL
Economics
Banking & Finance
Economics & Management
Economics & Finance
2) HSE
Economics
HSE degree,
Verification Letter signed by LSE official
Diploma for Graduates + HSE degree
Double degree programme in Economics
ICEF in Profile
505 students, 8 graduations, 357 graduates with 2 degrees,
80% with 1st and upper 2nd degrees
Number of ICEF students
450
400
350
300
250
505
420
200
375
330
150
264
185
100
206
157
107
50
73
38
0
1997/1998
1998/1999
1999/2000
2000/2001
2001/2002
2002/2003
2003/2004
2004/2005
2005/2006
2006/2007
2007/2008
Academic achievements :
Students
UoL Awards and prizes
25
Number of prizes
20
10
6
15
6
5
10
6
3
5
11
4
5
9
1
3
3
6
6
4
2
0
2000-2001
2001-2002
2002-2003
2003-2004
2004-2005
2005-2006
2006-2007
2007-2008
Years
Letters of Commendation
Awards for academic achievments
Top Marks
Academic achievements :
Graduates
UoL Degree classification of ICEF graduates, 2001-2008
Number of students
80
70
60
50
40
30
20
10
0
2001
2002
2003
2004
2005
2006
2007
2008
Year of graduation
pass
third
second (lower)
second (upper)
first
Placement (2001-2008)
Foreign universities in which ICEF graduates continue their studies
Great Britain
The London School of Economics
and Political Science
The London Business School
University of Oxford
University of Cambridge
Warwick Business School
Tanaka Imperial Business School
Cass Business School
University of Birmingham
University of Edinburg
City University of London
Imperial College London
Aston University
University of Westminster
Durham University
Durham Business School
Continental Europe
USA
University of Bremen
University of New York
Humboldt University
Columbia Business School
Amsterdam Business School
Stanford University
Swiss Hotel Management School
Carnegie Mellon University
ESLSCA Graduate School of
Tepper Business School
Business
Thunderbird University
Stockholm School of Economics
Boston University
EADA- Escuela de Alta DirecciГіn
Robert F.Wagner School of Public
y AdministraciГіn
Service
University of St. Gallen
ICEF graduates after graduation (2001-2008)
Maastricht University
Post-graduate
INSEAD
programmes
Work
Bocconi University
30%
47%
23%
Post-graduate
programmes in
Western universities
Key Factors of Success
1. Academic support of LSE
Modernization and development of
Russian degree in Economics
2. Strengthening of ICEF academic
potential
Creation of research environment
3. UoL external system
International recognition of degree
4. Double degree format creates
“added value” for students, teachers
and university
Opportunity to take the best from both
universities = additional skills and
knowledge = competitive advantages of
graduates = greater attractiveness of the
programme
5. Support of ICEF Board of Trustees
Accessible to brilliant students from
families with low incomes
Recrutment of teachers with
international qualification
6. Rewarding academic achievement
Competitive enrollment
Significant discounts for high achievers
Added value of the double degree
format with the External System
1. For the Student
Comprehensive study due to a synergy of educational
cultures
Skills and knowledge arising from unique social, cultural,
linguistic experience
Greater opportunities on the world job market, or for
continuing one’s education
2. For the Teacher
Professional growth based on international experience
3. For the HSE
Internationally recognised qualifications
Increased academic potential, diversity and quality of
degrees
Attractive to students
Integration into the international educational space
The student experience (BSc)
HSE
LSE
4 years, ~40 subjects
High volume of class hours
Examination marks awarded
by students’ own teachers
3 years, 12 subjects
Low volume of class hours
Emphasis on self-study
Double-blind procedure
ICEF
4 years, ~22 subjects
Medium volume of class hours
Emphasis on self-study
ICEF interim exams +
UoL external exams
Proposal for cooperation
Let’s work together !
1. Cooperation of teachers
2. Sharing of best practice
3. Student mobility
4. Exchange of ideas (Quality, Equity,
Accessibility)
The University could facilitate these activities,
and more!
Icef.hse.ru
E-mail: icef@hse.ru
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