Immanuel Kant Baltic Federal University

Degree Programmes

Economics «Financial planning and control»

Programme Information

Strategic financial and economic forecasting is a component in the development of any company. The programme is meant for anyone willing to obtain knowledge in finance and economics and develop skills required for budgeting. Special attention is paid to risk analysis and international financial reporting system.

The programme aims to train qualified specialists in financial and economic forecasting.

Programme’s advantages:

Prospective regional and national employers have contributed to the development of the programme.

Upon completing the Programme, you will be able to:

  • carry out efficient financial planning;

  • carry out financial monitoring,

  • perform other financial duties.

Programme Description

38.04.01. Economics. Financial planning and control.

Duration of the Programme: 2 years.

Programme type: Full-time.

Language of instruction: Russian.

Institute: Institute of Economics and Management.

Courses & Study Load

Number of ECTS credits120.

The Programme includes core and elective courses: foreign language, controlling, and strategic analysis. Elective disciplines include managerial economics, financial planning and budgeting, tax planning, accounting and monitoring, international financial reporting standards, business models and strategic management methods, motivating through financial responsibility centres, risk management.

Master’s students carry out supervise research.


Western branch of SOGAZ, Kaliningrad branch of Rostelekom, Kaliningrad office of VTB, Vodokonal-Teploset utility company, etc.

Career Opportunities:

Degree holders are employed as experts, managers, and specialists at financial and economic departments of private and public companies operating in different industries.

Professional Training / Internships
Career Opportunities
Admission & Tuition

To enter a Master's programme  applicants are  required to take the following exams:

  • Written exam  (or a test)  in the chosen field of study (100 points maximum)

  • Foreign language (a pass or fail  test)

We also accept international certificates of proficiency in English

Cambridge exam: PET, FCE, CAE, CPE; IELTS; TOEFL or

German: Goethe-Zertifikat A2, Goethe-Zertifikat Fit in Deutsch, Goethe-Zertifikat B1 / B2 , -Goethe-Zertifikat C1, Goethe-Zertifikat C2: GDS, test DaF, DSD B2 / C1, - telc A2 / B1 / C1 / C2, -ÖSD, -DSH.


Andrey GOLUBEV, manager of the programme

Tel. +7 4012 595 595 (1505)


Language of instructions: Russian

Admissions Office

14 A. Nevskogo ul., Kaliningrad, 236041

+7 (4012) 59-55-96
fax: +7 (4012) 31-33-33