Russian universities collaborate on new behavioural economics training programs

Elvira Nabiullina Governor of the Central Bank of Russia - Official Website
Elvira Nabiullina Governor of the Central Bank of Russia - Official Website
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Master’s programmes, research tracks, online courses, and advanced professional education programmes in behavioural economics and economic psychology are set to launch in autumn 2025. Graduates from these programmes will be equipped to construct models and forecast economic behaviour, considering cognitive biases and assessing risks in business decisions or regulatory initiatives.

The pilot project is a collaborative effort by the Bank of Russia, the Russian Ministry of Science and Higher Education, the Russian Ministry of Finance, and the Federal Financial Monitoring Service. These institutions are working alongside six leading Russian universities: Lomonosov Moscow State University, the Financial University under the Government of the Russian Federation, HSE University, the New Economic School, St Petersburg State University, and Tomsk State University.

“The specific feature of this project is its diversity, as it involves different participants, formats, and approaches. It will help us understand in practice the exact needs of students and employers. We want the project to result in a strong scientific school in behavioural economics, a community of experts in this field enabling interaction between researchers and those who need their works,” said Mikhail Mamuta, Head of the Service for Consumer Protection and Financial Inclusion of the Bank of Russia.

Representatives from major banks, financial companies and marketplaces discussed these training programmes along with relevant ministries and agencies. Companies have expressed readiness to assist by training staff, offering internships to students, and lecturing at universities on real-world cases involving company-consumer relations.

The pilot project aims to enhance interaction between universities and employers. Upon completion of this initiative, decisions will be made regarding its development within higher education.



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