Details for Department of Finance and Banking - RANEPA

Participant Status


Type of Organization

Business School

Type of Education

Undergraduate, Post Graduate, Executive

Institution is part of



Moscow, Russian Federation


Sign Up Date to PRME

08 May 2015

Current Sharing Information on Progress Report Submission

08 Jun 2017

Sharing Information on Progress (2017)

DFB RANEPA Sharing Information on Progress Report 2015-2017 - View Report

Period Covered: May 2015 to May 2017

The Department of Finance and Banking, RANEPA offers programs of education and training in finance, economics and management. We realize our special responsibility for the sustainable future of Russian financial industry in dynamically changing environment, and we consider PRME as a guidance and foundation of our education, research, publication and other activities. This report is dedicated to track and share the progress of DFB regarding the implementation of PRME.

Achievements Curriculum Integration in the Field of Corporate Responsibility and Sustainability

• Code of ethics was implemented, today each member of our community bears the voluntary responsibility to comply with the code;
• Mandatory course “Professional values and Ethics of Accountants and Auditors” was introduced to Bachelor program;
• Mandatory courses “Ethics of Business Communications”, “Business, Government and Society: Sociology and Philosophy of Management” were introduced to Master of Arts curriculum;
• Mandatory courses “Business, Government and Society: Philosophy of Management”, “Business Ethics, Anti-Corruption and Anti-Fraud”, “Image, Ethics of Work Relationships” was introduced to MBA “Banking” curriculum;
• Joining Russian-Italian Committee for Ethical Entrepreneurship;
• Course “Mediation and Dispute Resolution” was developed in cooperation with Cardinal Paul Poupard Foundation and conducted for all master level students;
• Professional training of Faculty: program on European Court of Human Rights activities, international anti-corruption cooperation

Current developments:
• Mandatory course “Charity and Social Responsibility in Wealth Management” is to be introduced to EMBA “Private Capital Management and Luxury Industry”

Achievements Research Development in the Field of Corporate Responsibility and Sustainability

• Researches on shadow banking, financial reports distortion and falsification of accounts, development of deposits insurance system and its role in social sustainability;
• Monographs on eco-management, social entrepreneurship, articles on responsible financing, insurance as an instrument of social sustainability

Current developments:

Launch of International Center for Financial Relations Harmonizing and Ethics of Entrepreneurship in cooperation with Russian-Italian Committee for Ethical Entrepreneurship

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