New Economic School

New Economic School

Российская экономическая школа
File:Nes logo en.gif
Motto	Never Ending Success
Type	private
Established	1992
Endowment	$18,000,000
President	Valeriy Makarov
Provost	Andrei Bremzen
Rector	Shlomo Weber
Dean	Zarema Kasabieva
Academic staff	39 (2016)
Students	464 (2015)
Undergraduates	252
Postgraduates	212
Location	Moscow , Russia
Campus	Skolkovo
Nickname	NES
Website	www.nes.ru

New Economic School, NES (in Russia known as the “Russian Economic School” — Российская экономическая школа, РЭШ) is a graduate school of economics in Moscow, Russia. It is the first private university in Russia after the fall of communism, and the only one that does not depend on government funding.

Academic programs

• Master of Arts in Economics (from 1992)
• Masters in Energy Economics (from 2014)
• Masters in Finance (from 2007)
• Master of Science in Finance (from 2015)
• Bachelor of Arts in Economics (from 2011)

Alumni and students

File:Obama at New Economic School-1.jpg

President Barack Obama delivers remarks at the New Economic School graduation in Gostinny Dvor, Moscow, July 7, 2009

As of October 2016, 1386 young economists hold Master of Arts in Economics degree from the New Economic School and 161 students have graduated from the Masters in Finance program. More than 1000 are working in Russia, 85% have a career in the private sector, mostly in international companies, investment banks, and consulting. 350 NES graduates went to continue their studies in PhD programs (such as Harvard University, the Massachusetts Institute of Technology, the University of Chicago, Stanford University, Yale University, Northwestern University, Columbia University, New York University, the University of Pennsylvania, the London Business School, and the University of Toulouse).

More than 80 PhDs work as economics faculty in US and UK universities: MIT, Princeton University, Stanford, Yale, the University of California, Berkeley, Columbia, UPenn, NYU, LSE, LBS and others, in the World Bank and the International Monetary Fund; 29 PhDs have come back to Russia.

Most students have their first degree in mathematics, physics, or economics, with 40% from the Lomonosov Moscow State University, another 20% from the Moscow Institute of Physics and Technology, and 10% from the Novosibirsk State University. 30% are female and more than a half comes from outside of Moscow, many being citizens of other countries in the Commonwealth of Independent States.

Faculty and research

The core of NES is the resident faculty of 39 economists with PhDs in economics and finance from the leading universities, including Harvard, MIT, London Business School, the University of Michigan, and the University of Wisconsin–Madison. About half of the faculty are foreign. In 2013, the first foreign rector Simeon Djankov was appointed, with the task of bringing the New Economic School within the top ranks of European universities in economics and finance.

These faculty members represent Russian economics in the global economics profession by participating in the international conferences and publishing in the leading international economics journals, including Econometrica, The American Economic Review, the Quarterly Journal of Economics, the Review of Economic Studies, the Journal of Economic Perspectives, the Journal of Economic Literature, the Journal of the European Economic Association, the Journal of Finance, the Journal of Business, and the American Political Science Review.

Campus

In 2014, NES moved to a new campus at Skolkovo, built for the purposes of academic life, and combining modern auditoria with sports and recreation facilities.

External links

• NES