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Andrey Vavilov Supports the New Economic School (NES) NES Receives Funding in the Amount of 30 Million Rubles

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Andrey Vavilov Supports the New Economic School (NES) NES Receives Funding in the Amount of 30 Million Rubles Andrey Vavilov supports the New Economic School (NES) NES receives funding in the amount of 30 million rubles Moscow, July 4, 2013. The New Economic School (NES) announces that Andrey Vavilov, Academic Director of the Institute for Financial Studies and Founder of the Human Capital Foundation, supports the School’s education and research programs contributing 30 million rubles to its budget. “In many respects, NES owes its success to its partners and friends, to NES community, – says Professor Stanislav Anatolyev, Rector of NES. – The New Economic School receives funding from many companies, foundations and individuals. Andrey Vavilov and The Human Capital Foundation are among most trusted partners and friends of NES, and we greatly appreciate our cooperation”. “The School was founded 20 years ago to give students in Russia the education of the same quality as provided by the Massachusetts Institute of Technology, London Business School, Oxford, Stanford or Princeton, – states Andrey Vavilov. – NES is represented by 30 tenured and tenure-track professors with PhDs from the world’s leading universities, 374 best students, more than 1100 alumni, working in various spheres, including Russian Government, Presidential Executive Office, Central Bank of Russia, etc. All this makes the core value of the School. No matter who is at the helm of it, NES was, is and will be the best educational project in Russia”. The New Economic School is prepared for the upcoming academic year: the new academic program is compiled, three more faculty members are hired at the international job market, the admissions campaign to HSE-NES Bachelor of Arts in Economics, Master of Arts in Economics, and Masters in Finance programs is in a full swing. ф About the New Economic School (www.nes.ru) The New Economic School is a private graduate school in economics in Moscow founded in 1992. NES’s degrees are highly valued both in Russia and abroad. The mission of the New Economic School is to benefit Russia's private and public sectors through excellence in economics education and research. The core of NES is its resident faculty of 30 young economists with PhDs in economics and finance from the world leading universities, including Harvard, MIT, Columbia, NYU, LBS, Wisconsin-Madison. NES offers three academic programs: a two-year master program in economics, a professional development program in finance, and an undergraduate program jointly with the Higher School of Economics. It is also active in policy advice and executive education. NES is ranked the best economics institution in the former communist countries in the research ranking by RePEc (Research Papers in Economics). SSRN (Social Science Research Network) ranks NES in the top 30 best economics departments in the world. NES's think tank CEFIR (Centre for Economic and Financial Research) is ranked a top 25 economic think tank in the world by RePEc. Since 2011 NES operates two other research centers: Center for Demographic Research and Center for New Media and Society. About Andrey Vavilov (www.avavilov.ru) Andrey Vavilov is Academic Director of the Institute for Financial Studies and Founder of the Human Capital Foundation. Institute for Financial Studies (www.ifs.ru) was founded by Andrey Vavilov and his colleagues in 1996 as an independent research center. Shortly after the start, the IFS grew into one of Russia`s leading think-tanks engaged in extensive studies of macroeconomics, budgeting, monetary policy, etc. for corporate clients and the Russian Government including the Ministry of Finance, Central Bank and Federal Financial Markets Service. From 1998 to 2002, Andrey Vavilov was CEO of the Institute for Financial Studies; since 2002 he has been in the position of the Institute's Research Council Chairperson. From 1992, Andrey Vavilov has been engaged in Russia`s economic policy. From April 1992 to April 1997, he occupied the position of the first deputy finance minister. Development and implementation of efficient macroeconomic policy, federal budgeting and establishing relations with international finance institutions such as International Monetary Fund and World Bank were among his responsibilities. From 1992 to 1997, Andrey Vavilov was member of the Intergovernmental Committee for Public Debt and Property of the Russian Federation. In 1995 – 1997 Vavilov was a Government representative at the Council of Federation of Russia. Human Capital Foundation (www.hcfoundation.ru) was founded by Andrey Vavilov as an international, non-commercial, independent charity. The key mission of the Human Capital Foundation is to contribute to modernization of Russia by creating favorable conditions for development of science and supporting high-technological businesses. Andrey Vavilov is a member of the NES Board of Directors and NES Endowment Foundation Board of Trustees. .
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