# Economic and Mathematical Methods

**Source**: https://english.spbu.ru/admission/programms/undergraduate/economic-and-mathematical-methods
**Parent**: https://english.spbu.ru/admission/programms/undergraduate

38.03.01 
*In English and Russian*

Level of education Bachelor

Type of instruction Full-time

Duration 4 years

Programme description

The programme is aimed at applicants who are interested in economics, have a good mathematical background and wish to learn how to apply mathematical methods and information technology in economics. The programme is designed to train professionally competent experts who are capable of making independent decisions regarding the choice of mathematical tools adequate to the problems encountered in today’s economy.

Main courses

- Econometrics
- Simulation Modelling
- Mathematical Methods in Corporate Finance Management
- Mathematical Methods in Logistics
- Game Theory
- Statistical Disciplines
- Mathematical Methods of Operations Research
- Queuing theory

Our advantages

- The degree programme ‘Economic and Mathematical Methods’ is focused on the requirements of the present-day labour market for specialists whose responsibilities include solving complex and non-standard computational and economic problems associated with using advanced mathematical tools and the cutting-edge information technologies.
- The programme is unique in that it focuses is on the development of students' competencies, skills and abilities to choose mathematical methods and applied tools for solving problems in economic activity.
- A central focus in the learning process is on an in-depth study of: the disciplines of the mathematical cycle; methods of micro- and macroeconomic modelling; operations research; game theory; statistical and econometric analysis; and advanced methods of financial mathematics.
- Graduates of the bachelor’s programmes speak English at a level of proficiency comparable to the B2 level of the Common European Framework of Reference for Languages (CEFR). The academic programme has been designed taking into account professional standards and the views of employers on the compliance of graduates' competencies and job functions in their professional activities.

##### Scope of graduates’ professional activities

Financial and insurance activities:

- trend analysis of the development of financial markets, development of risk hedging strategies (using mathematical methods)
- the ability to assess the economic and social conditions for running a business

Information and communication activities:

- evaluation and analysis of statistical data and economic information
- analysis of economic and socio-economic indices of the activities of economic entities and systems
- participating in the development of design solutions, preparation of proposals and measures for implementing investment projects and programmes
- analysis of the prospects and economic efficiency of investments
- managing material and information flows in the production of goods and the provision of services

Professional, research and technical activities:

- building theoretical and econometric models based on the description of economic processes and phenomena; and analysis and in-depth interpretation of findings
- modelling the processes of functioning of economic systems and the behaviour of business entities; research, development and improvement of mathematical methods for analysing the economy; and collecting, processing and analysing statistical information necessary for the development of mathematical models

Activities of state administrative bodies to ensure military security and compulsory social security:

- analysis of accounting and reporting information in order to make decisions and obtain an assessment of the performance of economic agents;
- forecasting the dynamics of socio-economic indices

Manufacturing activities:

- participating in the development and economic justification of operational and strategic plans of the enterprise performance

Career opportunities

##### Fields of activity

- Analytical units of banks, financial insurance and consulting companies
- Economic, financial, marketing, production and economic departments of commercial firms
- Investment and superannuation funds
- Auditing companies
- Bodies of state and local governments

##### Financial and insurance activities

- trend analysis of the development of financial markets, development of risk hedging strategies (using mathematical methods)
- the ability to assess the economic and social conditions for running a business

##### Information and communication activities

- evaluation and analysis of statistical data and economic information
- analysis of economic and socio-economic indices of the activities of economic entities and systems
- participating in the development of design solutions, preparation of proposals and measures for implementing investment projects and programmes analysis of the prospects and economic efficiency of investments
- managing material and information flows in the production of goods and the provision of services

##### Professional, research and technical activities

- building theoretical and econometric models based on the description of economic processes and phenomena; and analysis and in-depth interpretation of findings
- modelling the processes of functioning of economic systems and the behaviour of business entities; research, development and improvement of mathematical methods for analysing the economy; and collecting, processing and analysing statistical information necessary for the development of mathematical models

##### Activities of state administrative bodies to ensure military security and compulsory social security

- analysis of accounting and reporting information in order to make decisions and obtain an assessment of the performance of economic agents
- forecasting the dynamics of socio-economic indices

##### Manufacturing activities

Participating in the development and economic justification of operational and strategic plans of the enterprise performance.

##### Professions

- Specialist in strategic and tactical planning and work organisation
- Specialist in R&D organisation and management
- Statistician
- Risk management specialist
- Specialists in financial consulting
- Specialist in securities market
- Compliance officer (internal inspector)

Teaching staff

- Alexey Vorontsovskiy, Doctor of Economics, Professor, Honoured Worker of Higher Education of the Russian Federation; Recipient of a Certificate of Honour from the Ministry of Higher Education of the Russian Federation; author of more than 260 publications, including three indexed in Web of Science Core Collection, and over 20 textbooks and teaching aids on investment economics, risk management, capital market theory, and macroeconomic modelling, published by St Petersburg University, Ekonomika, and Yurait publishing houses. Three textbooks on investment and risk management, published in recent years by Yurait, are used in more than 460 higher and secondary educational institutions across Russia and neighbouring countries in both print and digital formats. The total number of digital copies accessed exceeds 8,179,000
- Sergey Vavilov, Doctor of Physics and Mathematics, Professor
- Dmitry Kolesov, Candidate of Economics, Professor, Honoured Worker of Higher Professional Education of the Russian Federation; Recipient of the Medal of the Order ‘For Merit to the Fatherland’, 2nd class; expert in the evaluation of budgetary and corporate investment projects, as well as the government and corporate bond market
- Olga Podkorytova, Candidate of Physics and Mathematics, Associate Professor, Member of the Eurasia Business and Economics Society, expert in the application of econometric methods to the analysis of socio-economic processes
- Viktor Tyutyukin, Doctor of Economics, Professor, a resident of besieged Leningrad, awarded the St Petersburg University Medal

[This webpage may contain outdated information. The programme descriptions and admission requirements for the 2026/2027 academic year are currently being updated. For the latest information on 2026/2027 admission, please visit the Admissions Office website.](https://abiturient.spbu.ru/en/)

[Tuition](https://english.spbu.ru/admission/tuition)

[Create Your Personal Account](https://cabinet.spbu.ru/)