Modern Economic Education and Research for the Russian Society, Business and Government Mission of Nes
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MODERN ECONOMIC EDUCATION AND RESEARCH FOR THE RUSSIAN SOCIETY, BUSINESS AND GOVERNMENT MISSION OF NES NES IS COMMITTED TO BUILDING A SUSTAINABLE ECONOMICS COMMUNITY CAPABLE OF PROMINENTLY REPRESENTING RUSSIA IN THE GLOBAL ECONOMICS PROFESSION BY: • training new highly qualified economists NES VALUES • producing globally competitive economics research PROFESSIONALISM • bringing back foreign-trained Russian economists RESPONSIBILITY to work in Russia MUTUAL RESPECT • contributing to improving Russia’s economy through both graduate training in economic policy and applied INTEGRITY research RUBEN ENIKOLOPOV Rector of the New Economic School (NES alumnus, MAE’2002) For more than 27 years, the New Economic School follows the best practices in science and education. Practically all the professors working at NES have PhD degrees in economics or finance. Many of them have their research papers published in the top 5 most recognized international journals in economics. A significant demand for NES graduates among employers also proves the excellent quality of education: 90% of them find professional jobs in the first three months after graduation. They can choose any career track and any country they like – be it business, public administration or academia in Russia or abroad. We will continue to do everything in our power to further develop NES and Russian economic science and education system. 3 NEW ECONOMIC SCHOOL RANKINGS CONFERENCES NES PROFESSORS TAKE PART IN MAJOR INTERNATIONAL RESEARCH st CONFERENCES: 1 PLACE among Russian universities by the number • Annual sessions of American Economic Association (AEA) of publications in leading international journals and American Finance Association (AFA) within the Annual of economics and finance, according to the International Conference of the Allied Social Science Tilburg University Ranking Associations (ASSA) • Congresses of the European Economic Association (EEA) • National Bureau of Economic Research (NBER) meetings • Center for Economic Policy Research (CEPR) meetings st 1 PLACE • Conferences of the Society for Financial Studies (SFS) among Russian universities by the number • Meetings of the European Financial Association (EFA) of citations per one scientific publication, • Conferences of the Western Financial Association (WFA) according to QS Rankings OLEG ITSKHOKI • Conferences of the Financial Intermediation Research NES Alumnus, MАЕ’2004 Society (FIRS) Professor of Economics, Princeton University, Member of NES nd International Advisory Board 2 PLACE among the institutions for Economic Studies in Russia, according to RePEc “Nowadays, NES is well known to the world’s leading scientists. When it comes to young economists from Russia, it is assumed that they are NES is the first Russian university to hire professors in the international market. Candidates – NES graduates”. nd consider that more than 100 people a year apply for positions at NES – 2 PLACE IN RUSSIA are interviewed at annual sessions of American Economic Association (AEA) and American according to Shanghai Academic Ranking Finance Association (AFA) within the Annual International Conference of the Allied Social of World Universities (ARWU), in Economics Science Associations (ASSA).The best are invited to take part in the competitive admissions to Academic Subject NES as full-time professors. More than 90% of NES’ professors earned a PhD degree at world’s leading universities such as Harvard, Oxford and Columbia University, Massachusetts Institute of Technology, and London Business School. 4 5 NEW ECONOMIC SCHOOL TOP 8 JOURNALS PUBLICATION IN ECONOMICS AND FINANCE: NES PROFESSORS 2019 ECONOMETRICA 2015 QUARTERLY JOURNAL Ruben Enikolopov OF ECONOMICS HAVE THEIR coauthors: Alexey Makarin, Maria Petrova Ruben Enikolopov and Maria Petrova “Social Media and Protest Participation: coauthors: Maja Adena, Veronica Santarosa, WORKS PUBLISHED Evidence from Russia” Ekaterina Zhuravskaya IN THE WORLD’S BEST “Radio and the Rise of the Nazis in Prewar” 2018 AMERICAN ECONOMIC REVIEW SCIENTIFIC JOURNALS Andrey Markevich coauthor: Ekaterina Zhuravskaya 2012 AMERICAN ECONOMIC REVIEW Olga Kuzmina “The Economic Effects of the Abolition coauthors: Maria Guadalupe, Catherine Thomas of Serfdom: Evidence from the Russian “Innovation and Foreign Ownership” Empire” 2011 AMERICAN ECONOMIC REVIEW 2018 JOURNAL OF FINANCE Ruben Enikolopov and Maria Petrova Hosny Zoabi coauthor: Ekaterina Zhuravskaya coauthors: Moshe Hazan, David Weiss “Media and Political Persuasion: Evidence “Women’s Liberation as a Financial from Russia” Innovation” 2008 JOURNAL OF FINANCE 2017 REVIEW OF ECONOMIC STUDIES Natalya Volchkova Anna Obizhaeva coauthors: Alexander Dyck, Luigi Zingales coauthors: Albert Kyle, Yajun Wang “The Corporate Governance Role of the “Smooth Trading with Overconfidence Media: Evidence from Russia” and Market Power” 2008 AMERICAN ECONOMIC REVIEW 2016 REVIEW OF ECONOMIC STUDIES Grigory Kosenok Ruben Enikolopov coauthors: Philip Haile, Ali Hortacsu coauthors: Andrew Beath, Christia Fotini, “On the Empirical Content of Quantal Georgy Egorov Response Equilibrium” “Electoral Rules and Political Selection: ANNA PAVLOVA Theory and Evidence from a Field 2005 ECONOMETRICA NES Alumna, MAE’2002 Experiment in Afghanistan” Stanislav Anatolyev Professor of London Business School 2016 ECONOMETRICA “GMM, GEL, Serial Correlation, and Asymptotic Bias” Member of NES International Advisory Anna Obizhaeva Board coauthors: Albert Kyle “Market Microstructure Invariance: “New Economic School grows Empirical Hypotheses” future professors of world’s leading universities, as well as future leaders in Business, Economics and Politics”. 6 7 NEW ECONOMIC SCHOOL NOBEL LAUREATES IN ECONOMICS RESEARCH 10 GAVE LECTURES AT NES NES professors are engaged in research both independently, and within scientific labs and research centers, such as: CSDSI Studies social diversity and social interactions with focus on Russia. CENTER FOR ECONOMIC Robert Engle Eric Maskin James Heckman AND FINANCIAL RESEARCH Conducts applied research to promote economic and social development in Russia. CEFIR does research for the SHLOMO WEBER Central Bank, the Accounts Chamber of Russia, the Ministry President and Professor of NES, of Economic Development of the Russian Federation, the Academic Director of the Center Ministry of Finance of the Russian Federation etc. for the Study of Diversity and Social Roger Myerson Bengt Holmström Jean Tirole Robert Shiller Interactions (NES CSDSI) CENTER FOR RESEARCH IN FINANCIAL TECHNOLOGIES AND DIGITAL ECONOMY “Research is an important part of the SKOLKOVO-NES School’s work. Thus, 50 articles were published in leading Russian and Founded in 2019 jointly with SKOLKOVO Business School foreign journals, 10 research schools and Mastercard. The Center conducts applied research in and more than 70 research seminars finance, payments, and the digital economy. Among areas and 8 international research of interest are the digital transformation of Russian regions, conferences were organized”. macro-finance, asset management and accessibility of financial services for small and medium businesses. The Robert Aumann Joseph Stiglitz Lawrence Klein Center also designs educational programs for the business community. CPR CENTER FOR POPULATION RESEARCH Maintains a Russian birth-and-death database. 8 9 NEW ECONOMIC SCHOOL QUALITY EDUCATION NES educational programs are developed with WHO ARE OUR APPLICANTS: participation of experts from London Business School, Paris School of Economics, Massachusetts Institute of Technology, the University of Chicago, Princeton • statistically, most winners and awardees of school contests and Stanford Universities and other world’s leading in economics and mathematics prefer the HSE/NES universities. Bachelor’s Program • to enter any of the programs deep knowledge of mathematics and English language is required ANNA MIKUSHEVA NES MASTER’S DEGREE PROGRAM IS ENTERED BY GRADUATES OF LEADING UNIVERSITIES OF RUSSIA: NES Alumnа, MAE’2002 Professor of MIT, Member of NES International Advisory Board NES adheres to high education standards, which, “NES has radically changed my among other things, exclude any possibility of cheating career and life plans. For me, the and plagiarism. School has opened a door into a The School established the Code of Ethics for the new profession, which I truly love purpose of guiding its students. and which brings me joy. I’m thankful to NES and I think that the main mission of the School is to open new professional paths for students, captivate them MGIMO with economics and show them UNIVERSITY new opportunities for building a productive and creative career”. 10 11 NEW ECONOMIC SCHOOL PROGRAMS BACHELOR OF ARTS IN ECONOMICS MASTER OF ARTS IN ECONOMICS NES AND YANDEX SCHOOL OF DATA — HSE-NES JOINT PROGRAM (BAE) (MAE) ANALYSIS JOINT PROGRAM The first NES program which was launched in 1992 4 YEARS BACHELOR’S 2 YEARS MASTER’S PROGRAM 2 YEARS PROFESSIONAL RETRAINING DIPLOMA PROGRAM FEATURES: PROGRAM FEATURES: PROGRAM FEATURES: • Diplomas of the two leading education • The first program taught at NES which gave • Training at NES on the MAE program and institutions in Russia the School a reputation of a top-class in Yandex School of Data Analysis educational institution • Impressive number of up to date courses • More than 40 elective courses in economics • The program provides fundamental knowledge in the field of economics • Applied projects based on company data • A variety of courses in social science, humanities and mathematics