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
Type Public
Established 19 February 1907
Founder Alexei Vishnyakov
Rector Victor Grishin
Academic staff
Students 14,103
Undergraduates 10,718 (76%)
Postgraduates 3,384 (24%)
Location Moscow, Russian Federation
Campus Urban
Nickname Plekhanovka
Affiliations EUA,[1] EFMD[2]AMBA,[3]

Plekhanov Russian University of Economics (Russian: Российский экономический университет имени Г.В. Плеханова) is a public research university in Moscow. It was founded in 1907 by entrepreneur Alexei Vishnyakov as the first finance-specialised college in the Russian Empire, then became a large university, recognised internationally as one of the best in the world, with 17 faculties (colleges) and over 100 chairs (educational departments).

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 (a faculty of PRUE) 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 acquired the Russian State University of Trade and Economics and the Moscow State University of Economics, Statistics, and Informatics.


The Memorial Building and Museum of PRUE on Stremyaniy Street 28

The Moscow Commercial Institute was founded in 1907 on private donations of merchants, bankers and manufacturers, gathered by initiative of the Moscow merchant Alexei 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 undergraduate (bachelor), graduate (master) and postgraduate (Ph.D.) programmes of economic and business education as well as many non-degree courses in Russian, English and German. It may be completed at one of the university faculties:

The Faculty of Finance and IBS are considered to be the most prestigious in the university.

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 and among top 10 institutions specializing in social sciences.[7]

The university unites 17 faculties. 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.[8]


PRUE has its own bilingual TV channel called 'Plekhanov TV', available at every TV set on the campus, as well as 'Plekhanovets' newspaper and 'Plekhanov Studio' magazine. Some faculties release their own newspapers. All of them are distributed for free in the university.


The university occupies six buildings on one campus in the south of Moscow, half an hour's walk from the Kremlin. The campus includes five educational buildings each with classrooms, offices and laboratories, as well as a theatre, a pool, and a students' dormitory, which is only 5 minutes' walk away from the other buildings of the University. The university library locates in building 6, International Office - in building 1. 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 stations Serpukhovskaya (grey line) and Paveletskaya (green and circle lines).


PRUE has more than one hundred 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