RUR 2022: St Petersburg University improves its position in terms of the financial sustainability indicators

Once again, St Petersburg University has shown a growth in financial sustainability indicators. In just a year, the University has moved up 98 positions by this criterion in the RUR World University Ranking.

The Round University Ranking, a global university ranking, has been published by RUR Rankings Agency in partnership with an international company, Clarivate Analytics, since 2010. The ranking evaluates the performance of several hundred world’s top universities according to 20 indicators that measure four areas of university activity: teaching; research; international diversity; and financial sustainability. Over the 12 years of its existence, 1,150 leading universities from 85 countries have participated in the rankings.

The growth of the financial sustainability indicators of St Petersburg University is closely correlated with the implementation of the St Petersburg University Strategic Plan 2021-2030. The programme is aimed at improving the efficiency of all types of the University’s activities that provide solutions to the issues of our time.

Among the priority areas of the programme are: the participation of the University in the socio-economic development of St Petersburg, the Leningrad Region and the Northwestern Federal District; the implementation of joint educational projects; and the expertise at the request of the authorities, to name just a few.

St Petersburg University also contributes to implementing the Strategy for the Improvement of Financial Literacy in the Russian Federation for 2017–2023. Today, specialists of the St Petersburg University Centre for Financial Literacy advise students and employees of the University on loans, various types of investments, business insurance, and pension to name just a few. Additionally, St Petersburg University has been holding a financial dictation for five years. Last year, more than 400 University students studying in various fields took part in it.

St Petersburg University online courses also contribute to improving the population’s financial literacy. Among them are: the basic course "Financial Literacy", which will help students calculate their expenses; and the course "Financial Fraud Countermeasures and Individual Risk Management", which will enable students to detect financial fraud and protect their savings accounts.