Russia: Fully Funded HSE Scholarships for International Students, 2019.

Asia, Europe, International, Masters, Scholarships, Social Science, Uncategorized

Applications are invited for full-tuition and partial HSE Scholarships at the National Research University Higher School of Economics. These are merit-based scholarships open to international students to pursue a master’s programme in 2019.

The National Research University Higher School of Economics is one of the leading and largest universities in Russia. The university specializes in economics, social sciences, mathematics, computer science, media communications, and design.

Faculty of Economic Sciences of the Higher School of Economics invites bachelors to apply to a Master Programme “Strategic Corporate Finance” (SCF) to study in Moscow in modern and dynamically developing National Research University Higher School of Economics.  SCF is taught in English to those who want simultaneously gain a deep understanding of finance, as well as broad, professional vision necessary for the modern financier. The programme focuses on studying the contemporary theory and global practices involved in corporate finance. At the same time, the SCF programme provides fundamental knowledge in all areas of finance and economics, which ensures that graduates have wide career options.

More than a hundred study abroad options and dual degree opportunities in such universities as Erasmus, Sorbonne, Amsterdam, Lancaster, Luxemburg and Humboldt.  The SCF programme’s high quality is provided by its instructors, among whom are leading Russian academics, including those with PhDs, visiting professors from Western universities, and finance practitioners from some of the largest international companies. In just two years, students build their own personal network of professional contacts. Programme alumni work at leading consulting companies, investment banks, M&A advisory firms, investment funds, companies of the real sector, and research centres. Graduates work in major finance capitals like Moscow, London, New York, Amsterdam, Berlin, and Sydney.


Country of Study: Russia Institution/ University: National Research University Higher School of Economics.
Application Deadline: August 20, 2019 Level of Study: Masters degree programme


One of Russia’s youngest, largest and leading universities, as of 2019 it was ranked 3rd in Russia in the Times Higher Education World University Ranking, 8th in the QS World University Ranking and 10th in the ARWU. It was also the only Russian university established after 1991 to make it into either of these rankings.
Originally established in 1992 to support Russia’s transition to market economy and specializing in economics and social science, the university has since expanded its curricula to include other disciplines such as mathematics, computer science, physics, biology, media communications, and design, among others. HSE’s main campus is located in Moscow, with 3 additional subsidiary campuses being located in St. Petersburg, Nizhny Novgorod, and Perm.
It has been one of Russia’s National Research Universities- a grouping similar to China’s C9 League and America’s Ivy League – since the establishment of the alliance in 2009,and is a member of the Project 5-100 since its creation in 2012.

Scholarship Benefits

Strategic Corporate Finance 2 year Master Program students receive full tuition waiver based on academic qualification assessment.

Study Subject

Strategic Corporate Finance

Eligibility Requirements

  • Bachelor (undergraduate degree) diploma. If you are now completing your undergraduate studies you can provide a transcript

To be admitted to the program, you must have a

  • high enough level of English to read international journals, textbooks and attend classes taught in English
  • some knowledge of macro- and microeconomics at the undergraduate level, as well as
  • mathematics for economists

We recommend that those interested in studying in our programme familiarize themselves with the fundamentals of finance with the help of the textbook Principles of Corporate Finance by Brealey and Myers.

Entrance Requirement: Application portfolios should include:

  • Completed application on-line here
  • Resume/CV

Please submit a standard CV, including, at a minimum, your educational achievements, work and research experience, publications (if any), and language knowledge.

  • Letter of motivation (300-500 words)

This letter should describe your reasons for applying to this programme, in the context of your long-term career goals and background.

  • Scans of diplomas and academic transcripts

If you have not yet received your Bachelor’s diploma, please include an official copy of your most recent academic transcript.

  • Two letters of recommendation (at least one from someone familiar with your academic work)

Please provide your recommenders with HSE’s letter of recommendation guidelines.

  • Tests

Test Requirement : GMAT or GRE general test is required. Eligible applicants will have subscore 3 and higher  in GRE Revised General test Academic Writing part.

English Language Requirement [TOEFL/IELTS]: TOEFL ibT – 60, pbT – 500; IELTS – 5

Native speakers or graduates from programs conducted in English are not required to take the English language proficiency test.


Two year Master degree programme

Application Procedure

Application fee is waived. You do not need to travel to Moscow before admission decision.

Application Form

Visit the Official Scholarship Website for more details.



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