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About MiFIT

Perm State University (, established in 1916, is honored to offer the students the opportunity to extend their academic path on international Master in Finance & Information Technology (MiFIT) program.

MiFIT is designed for students who wish to pursue a career in finance and IT. The program provides an exciting learning environment that enables students to develop systematic understanding of quantitative finance with the professional skills to apply cutting edge information technology within an enterprise.

During the program students will attend courses and workshops of leading Russian and foreign scientists and industry practitioners, including:

Prof. Dr. Vladimir Maksimov (Perm State University)

Prof. Dr. Fabrizio Lillo (Scuola Normale Superiore)

Dr. Vladimir Filimonov (ETH Zurich)

Dr. Olga Kolokolova (Manchester Business School)

Dr. Victor Lapshin (Higher school of economics)

Dr. Sergey Ivliev (Prognoz Risk Lab)

Dr. Dmitry Shultz (Prognoz Center of Economics Modeling and Forecasting)

The program is rather quantitative. The MiFIT curriculum includes:

Financial engineering

Operation research & Optimization

Financial markets modeling

Risk management

Data mining

Simulation & Copula theory

Banks and banking supervision

And many more

After the course completion masters will receive the diploma of state-recognized degree. The program duration is 2 years.

The university’s partner international software company PROGNOZ provides a limited number of scholarships covering the traveling and living expenses. The best students will be promoted for employment upon graduation. The company is listed in TOP-20 world Business Intelligence vendors and has offices in Moscow, Washington, Beijing, Brussels and other places.

Applicants for the scholarship will be selected based on preliminary assessment test containing questions on basic economics, statistics and English language knowledge.


Rapid changes in financial landscape demand finance professionals to double-quick develop practical solutions applying theoretical models to the real data. This requires deeper knowledge of modern day finance and most recent information technologies.

To meet these demands the Chair of Information Systems and Mathematical Methods in Economics of Perm State University offers an Master in Finance and Information Technology (MiFIT) designed for students who wish to pursue a career in finance / IT.

The MiFIT program an exciting learning environment that enables our students to develop systematic understanding of quantitative finance with the professional skills to apply IT within a financial institution. You will gain a command of analytical techniques in the relevant areas and an increased confidence in solving problems.

Program is closely linked with PROGNOZ – one of the largest IT developers in Russia recently named IT Company of the year 2010 and #1 Russian customized software developer. Master students will have a possibility to be involved in real projects in production. Fruitful research environment is created in the university Risk Lab, providing infrastructure for hi-tech financial engineering and risk management studies.

The curriculum consists of three semesters of coursework followed by the writing of a Masters Thesis. The program starts each year (mid September) and interested persons need to apply for a place of study by the end of July.

Graduates are well prepared to be employed within IT companies and financial institutions.

Main features

Enrollment and costs: Accepted applicants will be enrolled as students at the Faculty of Economics, of the Perm State University. An application fee might be changed.

Curriculum summary: This specialized Master program offers its prospective students an advanced education in quantitative finance and information technology. Its Curriculum consists of a combination of mathematical methods in finance (econometrics, data mining, risk management, etc.) and IT courses (information systems, data management, etc.).

Target participants and expected prerequisite knowledge: Graduates with (at least) a Bachelor degree (or equivalent) having a finance, economics and/or science background (mathematics, physics, engineering, computer science). Practitioners with a corresponding academic qualification, who feel that they need additional and more specialized training in quantitative finance and IT are mostly welcome. The candidates must exhibit a good knowledge of the English language, good intermediate knowledge of financial sciences as well as probability theory and statistics on a bachelor level. Every candidate who fulfils the requirements of the Admission rules is admitted to join the program.

Language: The program is taught in English so that international as well as Russian participants can attend.

Duration: The expected period of study is four semesters: 3 semesters of courses followed by the completion of a Master Thesis. The students have to achieve 120 ECTS in order to receive the degree “Master in Finance & Information Technology at Perm State University”.

Exchange programs: We welcome cooperation and exchange programs with other international universities offering similar programs.

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