Plekhanov Russian University of Economics

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Plekhanov Russian University of Economics
Plekhanov Russian Academy of Economics logo 2.png
Motto To serve Russia
Established 19 February 1907
Type Public
Rector Victor Grishin
Academic staff
Students 16,000
Undergraduates 13,000
Postgraduates 3,000
Location Moscow, Russian Federation
Campus Urban
Nickname Plekhanovka (Плехановка)
Affiliations EUA,[1] EFMD[2]AMBA,[3]
Website Official website

Plekhanov Russian University of Economics (Russian: Российский экономический университет имени Г. В. Плеханова), originally named as Moscow Commercial Institute, is a public research university located in Moscow. Founded in 1907 by entrepreneur Alexei Vishnyakov the establishment was the first economic educational organisation in the Russian Empire and now it's one of the best in Russia receiving a status of university in 2010.

Plekhanov Russian University of Economics (PRUE) is consistently ranked as one of Top 5 Russian Business Schools, Top 10 Moscow Universities and is also included in the 2014 ranking of Top 100 BRICS Universities (per 2014 QS World University Rankings).[4] International Business School (IBS-Plekhanov) has been also awarded with 3 Palms by the Eduniversal in 2014.[5]

One of the university's undergraduate programme is accredited by the European Council for Business Education and a postgraduate programme received an accreditation by AMBA. PRUE is also a member of the European University Association and the European Foundation for Management Development.

PRUE changed its name more than once: Moscow Commercial Institute (1907–1919); Karl Marx Moscow Institute of the National Economy (1919–1924); Plekhanov Moscow Institute of the National Economy (1924–1991); the Plekhanov Russian Academy of Economics (1992–2010); Plekhanov Russian University of Economics (2010 to present). Recently, Plekhanov University is merged with Russian State University of Trade and Economics, (RGTEU) and has an approved plan to expand and merge with Moscow State University of Economics, Statistics, and Informatics, (MESI).


The Memorial Building and Museum of PRUE on Stremyaniy Street 28

The Moscow Institute of Commerce was founded in 1907 on private donations of merchants, bankers and manufacturers, gathered by initiative of the Moscow merchant Aleksey Semyonovich Vishnyakov. It was essentially the first institute in Russia which prepared qualified businessmen for rapidly developing branches of industry. Prior to the revolution of 1917 about 2000 specialists were graduated from the institute. In 1924 it was renamed for Marxist thinker Georgy Plekhanov. In the 1960s the Institute was merged with the Moscow Governmental Economic Institute and became one of the major centers of scientific education in the country. After 1991 the institute obtained its current name. Recent years were marked with rising international cooperation, such as the foundation of the Africa Business House. Now the university deals with more than 80 partners in 52 countries.[6] Among its graduates, there are many prominent politicians and businessmen, such as Soviet statesman Mikhail Suslov, liberal democrat Grigory Yavlinsky, and faculty member Ruslan Khasbulatov, former Chairman of the Supreme Soviet of the Russian SFSR and later Chairman of the Supreme Soviet of the Russian Federation (1991–1993).


The university offers a multi-facet two-level system of economic and business education. The first level—a four-year full-time bachelor's degree programme at the faculty of general economics — primarily aims at conveying a broad knowledge of fundamentals of economics and business studies. Graduates are awarded a Bachelor's degree of economics. It may be completed at one of the university faculties:

The second level—a two-year full-time Master's degree Programme — will gain students professional skills focusing more closely on their chosen field.

Faculty of Marketing[edit]

Atrium of the University
The Administration Building on Zatsepa Street

The Department of Marketing at Plekhanov Russian University of Economics is the first educational institution in Russia which provided professional education in marketing to its students. Nowadays the Department of Marketing comprises three chairs: chair of Marketing Plekhanov Russian University of Economics, chair of logistics Plekhanov Russian University of Economics and the chair of advertising Plekhanov Russian University of Economics.

The chair of Marketing Plekhanov Russian University of Economics is regarded as a main chair within the structure of the Department of Marketing.

Chair of Marketing[edit]

The first chair of Marketing was founded in 1990 at Plekhanov Russian University of Economics (formerly Plekhanov Russian Academy of Economics). It was the first chair of Marketing founded in the USSR and Prof. Boris Soloviev, Doctor of Science (Marketing), Honoured Science Worker became Head of it. Currently the chair of Marketing at Plekhanov Russian University of Economics is a main chair within the structure of the Department of Marketing and provides education in marketing in accordance with the major educational programs aimed at Bachelors and Masters within educational programs in Management and concentration in Marketing. The chair of Marketing Plekhanov Russian University of Economics conducts various research in the field of marketing. The directions of the research are the following: 1. Consumer behavior; 2. Marketing of innovative products/services; 3. Regional marketing/marketing of regions; 4. Marketing of small-and-medium-size enterprises( Marketing SME); 5. Electronic and Internet marketing and social media. The faculty members of the chair accounts for 36 members, 9 of whom are professors, Doctors of Economics (marketing), 22 have PhD degree (marketing). Professor Irina I. Skorobogatykh who is Doctor of Science (Marketing) has become Head of the Chair of Marketing Department of Marketing since February 2011.


International Business School-Plekhanov

International Business School (IBS-Plekhanov) was established as a division of the university in 2001, as a result of reorganization of International Educational Programmes Centre.

Plekhanov University started international student exchange programmes in the mid-eighties, and thus became the first institution of higher education in Moscow to offer a programme with instructions in English, in 1992, as part of IBS-Plekhanov project.

The project resulted from the cooperation with several Dutch universities (Hanzehogeschool van Groningen, Arnhem Business School, Haagsehogeschool), which started with the exchange of students and developing the Double Degree Programme with focus on International marketing, Management and Finance. The first 20 students were enrolled in 1993, and in 1997, the Double Degree (Russian and Dutch) was conferred to 19 students, who successfully completed the course of study.

At present about 500 Russian and international students study at IBS. Every year more than 100 students go abroad to continue their education with one of the foreign partners of PRUE.[7]

The following programmes of higher professional education with a further award of a degree are realized at IBS-Plekhanov:

   * Bachelor of economics;
   * Bachelor of management;
   * Master of economics;
   * Master of management;
   * Master of business administration (with majors "Finance" or "Strategic Management")

In 2006 and 2012 the Bachelor of Economics programme was accredited by the European Council for Business Education.[8]

International Business School (IBS-Plekhanov) has been awarded with 3 Palms by the Eduniversal considering its International influence.[5]


Moscow International Higher Business School, Mirbis

Plekhanov University and the Italian Economic and Research Society, NOMISMA founded Moscow International Higher Business School MIRBIS in 1988. The school is based on the inter-government agreement between Russia and Italy to create one of the first business schools in the Soviet Union. The School provides a full range of business education, research, consulting services and partnership links with organisations in private and state sectors in areas including accounting, finance, banking, marketing, economic development, human resource management, law, management and foreign languages.[citation needed]

Since the establishment of Moscow International Higher Business School MIRBIS in 1988 over 18 thousand students graduated from executive and management development courses, BA, MA and MBA degree programmes and professional training courses offered by MIRBIS.[citation needed]

In 2004, the school became the first private business school in Russia that was accredited by the Association of MBAs (AMBA). AMBA extended international accreditation to all MIRBIS MBA programmes, which is a policy applied by AMBA in all school accreditations.[9] Since 2006, MIRBIS has been the only business school which has international accreditations for all its academic programmes – on top of the MBA, its Bachelor degree courses are accredited by the EFMD EPAS, and Master degrees have the accreditation of AMBA for MBM programs.


Sinerghia Economics and Finance Institute, IEF Sinerghia

Plekhanov University also cofounded Sinerghia Economics and Finance Institute, IEF Sinerghia [5] in 1988. IEF Sinerghia is one of the first Russian private educational institutions along with MIRBIS. Sinerghia received international professional accreditation from the Association of MBAs (AMBA)[10] in May 2006, which reaccredited Sinerghia's MBA programmes up to 2011. The Institute also has a Certificate of state accreditation No. 1028 of 4 July 2003 issued by the Ministry of Education of the Russian Federation.[citation needed]

Institute positions itself as a Russian business school with full cycle of continuous education (Bachelor - Specialist - Master - MBA - Post-graduate course - training and up-grading - consulting) by means of unique programmes which combine the variety, richness and complexity of domestic and international realities.

A business school also offers joint educational programmes with leading international business schools – Business School of Durham University, Newcastle University (UK), Polimoda s.r.l. (Italy) etc.[citation needed]

Sinerghia's patron and trustee is His Royal Highness Prince Michael of Kent.[citation needed]

Academics and research[edit]

Map of PRUE Campus

According to the latest ranking of Russian universities based on the average score of the Unified State Examination Plekhanov University is among top 30 overall (out of 475 higher institution) and among top 10 institutions specializing in social sciences.[11]

Plekhanov University unites 10 departments, three faculties, eight affiliates and regional educational centres.Two hundred seventy-eight professionals completed their PhD courses and 102 academics finalised their doctorate studies. In 1994 federal and regional research projects were started in " Peoples of Russia: Revival and Development", " Universities of Russia" "Preserving and Developing the Intellectual Potential of Russian Higher Education".

Of special interest is the establishment and accreditation of two laboratories dedicated to commodity expertise—in foodstuffs and microbiology. These laboratories were the basis for a Certification and Expertise Centre licensed in 1995.[citation needed]

During the last five years 33 books were published by Plekhanov faculty members, as well as 58 collections of articles, 279 textbooks, and 1224 articles. Two hundred seventy-eight dissertations were presented in the same period.[citation needed]

Plekhanov University collaborates with many universities from all over the world. It has established double degree programs primarily through its International Business School, IBS. Currently, Plekhanov University is working on attaining EQUIS accreditation.[12]


The university occupies five buildings on one campus in the south of Moscow.The Plekhanov University is fortunate to have its campus in the very centre of Moscow, half an hour's walk from the Kremlin. The campus includes five buildings each with classrooms, offices and laboratories, as well as a students' dormitory, which is only 5 minutes' walk away from the other buildings of the University. Classrooms, libraries, information centre and the International Office are located in the main building of the University. Students can also participate in practical placements in the restaurant, stock-exchange and risk analysis laboratory, all of which are specialised departments. Every building of the university has free Wi-Fi access. The campus is near the Moscow Metro station Serpukhovskaya, at the southern part of the city centre.


PRUE has more than fifty partner schools in Europe, Asia and North America.

Notable alumni[edit]

Main entrance to the Stremyannaya Campus

University alumni are employed in different spheres of Russian and world economy and politics. Its graduates include:


External links[edit]

Coordinates: 55°43′40″N 37°37′41″E / 55.72778°N 37.62806°E / 55.72778; 37.62806