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31 May 2024 News

Master’s programmes at the international level: St Petersburg University in collaboration with Fudan University to train managers and financiers

In 2024, St Petersburg University is set to introduce a joint double-degree master’s programme in partnership with Fudan University, China. This initiative aims to equip highly skilled professionals to serve the interests of advancing the Russian-Chinese strategic partnership and enhancing economic cooperation.

The project encompasses St Petersburg University master’s programmes "Master in Management — MIM" and "Master in Corporate Finance — MCF". Initially, students will study in St Petersburg for the first year. Then, they will undertake entrance exams at Fudan University, continuing their studies in Shanghai through Fudan University English-language master’s programmes in International Business and Finance. Consequently, students will receive two degrees: a master’s degree at St Petersburg University and a master’s degree at Fudan University. 

Under this initiative, students from the Graduate School of Management at St Petersburg University (GSOM SPbU) can access various scholarship schemes that cover either partially or fully the expenses of studying and residing in China. The primary criterion for selecting eligible candidates is the student’s academic performance.

For the first time in a considerable period, the Graduate School of Management at St Petersburg University is introducing a joint double-degree programme within the framework of two of its master’s programmes simultaneously. This demonstrates the significant demand for the business school academic offerings in finance and management, including from international universities.

Olga Dergunova, Deputy President — Chairperson of the Board of Directors at the VTB Bank and Director of the Graduate School of Management at St Petersburg University

"The training will be conducted according to the highest international standards and will enable our graduates to master modern management tools for a successful career in Russian and foreign companies related to the Asian economy, as well as gain comprehensive knowledge about economics, finance, and the specifics of doing international business", said Olga Dergunova, Deputy President — Chairperson of the Board of Directors at the VTB Bank and Director of the Graduate School of Management at St Petersburg University. 

An agreement on the implementation of the joint double-degree master’s programme between St Petersburg University and Fudan University was signed in March 2024. St Petersburg University maintains long-term academic cooperation with universities of the People’s Republic of China: every year, the number of academic programmes with a Chinese component increases at St Petersburg University. Currently, there are more than 90 of them. The topic of Chinese studies is also actively supported by the University’ students: the student forum "China — Business Culture" has been held on the Mikhailovskaya Dacha campus for the second year.

Fudan University, founded in 1905, is one of the most prestigious and oldest universities in China and consistently ranks among the world’s top 100 universities. The university consists of 17 institutes and 69 faculties located in the centre of Shanghai. 

The School of Economics at Fudan University comprises five departments: economics, world economy, international finance, public economics, and insurance. It also includes three major research centres, namely the Institute of World Economy, the China Centre for Economic Studies, and the Institute for Financial Studies. The Department of Economics at Fudan University is recognised as one of the leading institutions for economic education and research in China.

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