Economic Systems

38.04.01In english

Два диплома Double degree programme

Level of education Master

Type of instruction Full-time

Duration 2 years

Programme description
  • The academic programme 'Economic Systems' is a double degree master's programme. It is implemented jointly by St Petersburg University (St Petersburg, the Russian Federation) and Freie Universität Berlin (Berlin, the Federal Republic of Germany). The programme provides fundamental knowledge in the field of economic and social sciences with focus on the features of the economic development of individual countries and regions of the world. An international learning environment, a convenient timetable in St Petersburg and Berlin, lectures by leading Russian and foreign lecturers, and being in demand in the labor market will enable graduates to take full advantage of their potential. The working language is English.
  • The programme is designed to train highly-skilled experts capable of making economic policy, doing business and solving managerial tasks within the framework of various economic systems. In addition, students acquire skills in forecasting and adapting business strategies to global and national economic changes based on an interdisciplinary approach.
  • Graduates can equally successfully pursue professional activities in civil service, international organizations, and business. Moreover, they might hold leading positions in large Russian and foreign companies. The programme combines research and practice-oriented modules. Graduates will be able to: carry out analytical and expert activities, shape and implement external economic policy at the state level, and engage in strategic and operational corporate planning.
Key Skills

Graduates of the master's programme will be capable of compiling analytical materials for assessing and making strategic decisions in the field of financial, economic and social activities using various sources of information, including full-text databases, and economic, mathematical and statistical tools.

Graduates of the programme will have learnt to: predict structural changes and trends in development of particular industries, countries and regions of the world; carry out efficient operational and strategic management of enterprises, as well as their economic, financial, marketing, personnel, production, and analytical subdivisions; and develop and justify managerial decisions in the context of digitalisation of public life, based on the adopted social and economic guidelines.

Entering Research and Professional Community

Students of the master's programme have an opportunity to take part in conferences held at St Petersburg University and Freie Universität Berlin. This includes the international conference ‘Evolution of International Trading System: Prospects and Challenges’. During their first year, students have an opportunity to do academic research practicums in: Russian organisations; the Permanent Mission of the Russian Federation to the United Nations; and other international organisations in Geneva. Pre-graduation practice in their second year is held in German companies and organisations located in Germany.

The programme organisers interact with:

  • The Ministry of Economic Development of the Russian Federation
  • The Eurasian Economic Commission
  • The Permanent Mission of the Russian Federation to the United Nations; and other international organisations in Geneva
  • The International Trade Centre, Geneva, Switzerland
  • The Committee for External Relations of St Petersburg
  • St Petersburg Chamber of Commerce and Industry
  • The World Trade Institute, Bern, Switzerland
  • The Centre for the Promotion of Employment and Professional Orientation of Youth ‘VECTOR’ Bank URALSIB
  • Apstec Labs
  • Sberbank of Russia
  • Kelly Services CIS
  • The Institute of Economics of the Russian Academy of Sciences
  • Commerzbank AG
  • Deutsche Bank
  • BMW AG
  • Volkswagen Group
  • Saxon State Ministry of Economy
  • Saxony's Chamber of Commerce and Industry
Main courses
  • International Political Economy  
  • Theories of the World Economic Development
  • Interdisciplinary Analysis of Economic Systems
  • Comparative Economics
  • Social and Economic Development of the European Union
  • Business in Developed and Developing Markets
  • Entrepreneurship in Russia and CIS Countries
  • The master's programme is interdisciplinary. Students can choose to study in depth the economic systems of particular countries and regions. They can also specialise in political, sociological, historical, and international aspects of the performance of economic systems.
Key Features of the Programme

During their first year, students study at St Petersburg University. They spend their second year at Freie Universität Berlin.

As part of the programme, there are courses developed within the framework of the Jean Monnet Module project, funded by the European Commission (Agreement No 2015-2280 / 001-001 dated 13 October 2015).

Lecturers from leading Russian and foreign universities, as well as representatives of government agencies, business and international economic organisations are regularly invited to deliver public lectures in order to deepen the internationalisation of the programme, improve the quality of education and its practical component.

Teaching Staff

Professors of the programme are world renowned scientists and experienced lecturers:

  • Sergei Sutyrin – Honoured Worker of the Higher Education of the Russian Federation
  • Professor Elena Efimova
  • Professor Nikita Lomagin
  • Professor Jeffrey Hass
  • Professor Alexander Pogorletsky
  • Professor Theocharis Grigoriadis
  • Associate Professor Olga Trofimenko
  • Associate Professor Vladimir Sherov-Ignatiev

 Programme Academic Council:

  • Miroslav Jovanovic, Chair, Professor, Dušan Sidjanski Centre of Excellence in European Studies the University of Geneva (Switzerland).
  • The Council includes business executives:
  • Svetlana Nikulina, Candidate of Economics, Director of the Finance and Economics Department of the Autonomous Non-Profit Organisation ‘Directorate of International Transport Corridors’;
  • Aleksandr Gapochka, Candidate of Economics, Deputy Head of the Finance and Economics Department, JSC ‘RZDstroy’