ICEF (College) - History in Important Dates

History in Important Dates

1997 The contract between NRU-HSE and the LSE on the founding of ICEF as an autonomous division of NRU-HSE is concluded. The ICEF Board of Trustees is formed, which includes Sberbank, Vneshtorgbank, Vnesheconombank, Eurofinance bank, The Moscow Interbank Stock Exchange, and later Gazprombank and “United Energy Systems”. The first group of 38 students are admitted to ICEF’s double degree programme.

1998 The first group of students enroll at the University of London in “Banking and finance”, the first specialisation offered by ICEF. The “Know How Fund” grants ICEF a two year supporting grant.

1999 ICEF’s second specialisation: “Economics and management,” is opened within the framework of the University of London programme.

2001 The first graduation ceremony for ICEF students is held, and 13 graduates receive two diplomas, from NRU-HSE and the University of London. Of these, 3 achieve Upper Second class honours. The second contract with the LSE is signed.

2002 6 graduates receive diplomas from the University of London with First class honours. A National Training Foundation loan is received on a competitive basis within the framework of the Innovational Educational Development Project, which was made possible by a loan from the IBRD. ICEF’s research programme is opened.

2003 The third specialization: "Economics" (which is actually the basic one offered at the LSE), is opened.

2004 The process of recruiting full-time teachers who are PhD graduates from leading foreign universities with internationally recognised qualifications is begun.

2005 More than 60% finish the programme with good and excellent grades. Of the 43 graduates, 7 receive the degree with First class honours, and 13 receive Upper Second class honours. Of 19 awards for academic achievements intended for students around the world studying in the University of London’s and the LSE’s External programme, 6 are awarded to ICEF students, and 11 out of 37 Letters of Commendation are awarded to students at the College. The ICEF Board of Trustees approves the plan for the development of ICEF over the next four years, including the creation of a Masters programme with the participation of the LSE. The third contract with the LSE is signed.

2006 Of 54 graduates, 13 receive First class honours degrees. This is about one third of all First class diplomas given worldwide each year. The fourth specialisation in the Bachelors programme: “Economics and Finance,” is opened. NRU-HSE’s Academic Council approves the concept of a two-year Masters programme in “Financial Economics,” which will be implemented with the participation of the LSE.

2007 The Masters programme at ICEF in “Financial Economics” is opened. ICEF moves to new premises at NRU-HSE campus at Pokrovsky boulevard.