History of the Academy
Today the Academy is a Federal HEI that is financed from the state budget. The RF Government issued a resolution to found the Intersectoral Bank and Financial Institution Officer Advanced Training Institute at the Ministry of Finance in 1988. The Institute then was reorganized and the Advanced Financial Training Institute was formed. The Budget and Treasury Academy of the Ministry of Finance of the Russian Federation (ABIK) was formed as per the RF Government Resolution in 1996 (Resolution No. 1151-p of 18 July 1996). The Academy became successor to the above Financial Institute. The Ministry of Finance of the Russian Federation is the Academy founder. The Academy Charter is approved by the Minister of Finance. The Academy is an entity that acts as a research center and does the research for the Ministry. It is an institution that operates under a license issued by the RF Federal Service for Supervision in Education and Science (License No. 10396). A state accreditation agency issued an appropriate certificate to the institution that gives the right to the Academy to render educational services within the Russian higher education system (Certificate No. 1206).
The Academy offers further education programs, advanced training courses and programs of study to experts in budget issues, budgeting, treasury process, fiscal control, taxation, financial market issues, accounting, audit, banking, insurance, financial management, public and municipal management, public and municipal finance, and other disciplines. Today the total number of disciplines taught here is 201.
The Academy renders the educational services within the framework of a multi-level continuous education system. The system developed by the Academy staff includes the following:
· Post-secondary schools;
· Preparatory programs and access courses for the applicants who would like to be enrolled into the Academy;
· Undergraduate Bachelor, Master and Specialist degree programs;
· Postgraduate degree programs;
· Doctoral study programs;
· Further education programs for university graduates/tertiary education degree holders;
· Short-term further education programs and advanced training programs
Faculties
There are 5 Faculties at the Academy. They are: the Faculty of Finance, the Faculty of Accounting, the Faculty of Management, the Faculty of Law and the Faculty of Applied Computer Science and Mathematics.
Today the Academy offers the following programs:
• Finance;
• Accounting, Account Analysis and Audit;
• Public and Municipal Management;
• World Economics.
The Academy Bachelor and Master degree programs include Business-Oriented Computer Science and Economics.
The concentrations include: Public and Municipal Finance, Financial Management, Banking and Strategic Public Management.
The Financial Research Institute
The Financial Research Institute (FRI) was founded in the late 1930-s. The FRI was made an integral part of the Budget and Treasury Academy of the Ministry of Finance of the Russian Federation in 2005 as per a decree issued by the RF Government in order to better integrate the research into the routine operation of the educational services provider.
The FRI
mission is to develop further the financial theory, and to develop the recommendations to be used by the decision-makers in order to address the pressing issues related to the financial backing of the country sustainable social and economic development.
The Academy is an institution that is developing fast. The Academy management is planning to form new faculties and offer new programs in line with the Russian national educational standards. It is also planned to further develop joint programs with partner universities and offer double degree programs to students. One of the goals the Academy is trying to reach is to ensure its position as one of the leaders of the educational services market and research-related services market.
Institute for the Advanced Training
The Financial Institute for the Advanced Training of the Management and Staff of the Financial Institutions, Treasuries and Financial Supervision and Internal Audit Bodies was founded in 1988 at the Ministry of Finance of the Russian Federation pursuant to a Russian Government order.
The Institute cooperates with the leading experts of the RF Ministry of Finance, Federal Treasury, Federal Finance and Budget Supervision Service, Accounts Chamber of the Russian Federation and other executive bodies.
Today the Institute offers the advanced training programs that are aimed at the regional financial supervision bodies’ staff and the staff of the financial control bodies that operate on the level of the constituent territories of the Russian Federation.
The advanced training programs are developed in accordance with the requirements set by the Russian national educational standard. Our programs of study are being adjusted in order to keep us abreast of the latest developments in the field of the social and economic environment development and Russian legislation development.
The Institute Director is Yu. Yevdokimov, PhD (Economics), Associate Professor
Institute for the Advanced Training Postal Address:
Nastasyinsky Per., 3, korpus 2, Moscow, 127006
Tel.: +7 (495) 699-29-42
Institute of Distance Education
The Institute of Distance Education was founded in line with a resolution made by the Academy Academic Council on 2 March 2010 (Minutes No.2) (the resolution was approved by the Academy Rector (Order No. 62 of 15 March 2010)).
The Institute offers the e-learning courses (including the accelerated courses) within the Bachelor and Master degree program offers. There are also the continuing education programs. The students can major in Economics, Law, and Finance. The graduates get the appropriately approved certificates of higher education.
The programs of study are based upon the curricula which are approved by the Academy management. The programs are taught by the experienced Academy teaching staff members who are well-trained to use the ICT in the teaching and learning process. Some of the instructors are the advanced academic degree holders. The distance education programs are the full-fledged programs of study that are developed to cater to the need of large cohorts of students. All the Institute students get their e-kits of learning materials, as appropriate.
The duration of study
For the Bachelor and Master degree program students – 3 years and more.
For the first tertiary degree holders – 2.5 years and more.
The Institute Director is D. Yegorov.
Institute of Distance Education Postal Address:
Nastasyinsky Per., 3, korpus 2, Moscow, 127006
Tel.: +7 (495) 699-86-27, +7 (495) 650-55-88
E-mail Address: ido@gumf.ru
Institute for Accounting Education and Research
The Institute for Accounting Education and Research is an integral part of the Budget and Treasury Academy of the Ministry of Finance of the Russian Federation. There are research, audit and teaching and learning departments in the Institute.
The main goal of the Institute is to streamline the research and learning environment that should help the researchers and practitioners address the issues related to the field of accounting, audit, financial control and analysis, and to set an efficient and flexibly operating service rendering system that can be used by the practitioners and researchers who work in the field of accounting, audit, financial control and analysis.
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