Joint Department with Deloitte Opens at HSE

With the Joint Department with Deloitte, the HSE School of Finance now has joint departments with all of the Big Four audit and consulting firms.

‘Today, we teach courses in financial investigation, corporate management, financial reporting and several others at HSE’, said Ludmila Grechanik, Head of the Joint Department with Deloitte at HSE. ‘As part of the Joint Department, we will offer courses in audit and taxation, as well as financial consulting. We will conduct regular workshops and Career Days, where students will have the opportunity to talk to heads of various departments at Deloitte to learn more about the company’s work from them, and, possibly, to choose their future place of employment’.

Ksenia Neboga, manager at the Deloitte Department of financial consulting and initiator of the course ‘Basics of Financial Investigation’ (taught at HSE to second-year Master’s students), spoke about future plans to introduce a course on financial investigation for fourth-year undergraduate students. She also invited the highest achieving students to participate in Forensic, a two-day case championship at Deloitte that will take place at the end of November. Forensic is an area of Deloitte’s activities related to financial investigation, legal argument support, corporate investigation, and prevention of financial fraud.

Irina Ivashkovskaya, Head of the HSE Faculty of Economic Sciences (School of Finance) says that joint departments with big companies provide a unique opportunity for students to meet and learn from experts. An option to become immersed in a company while still studying is to take part in applied research that is carried out for the companies and their clients. Another option is to complete internships at departments of audit, risk management, tax and legal consulting. Interns are paid and enjoy a flexible schedule.

The launch of this joint department has kicked off a new form of cooperation. The School of Finance, together with Deloitte and KPMG, is planning to implement an Executive Master in Strategic Business Reporting, which is a continuing education programme intended for people in businesses. ‘Since it goes beyond traditional financial reporting, the programme will help students earn new qualifications and start new career tracks. We’ll teach our students to transform various types of corporate financial and non-financial reporting into a concept of strategic business reporting’, says Irina Ivashkovskaya. ‘Some of the programme modules, such as financial accounting, internal control and risk management, consolidated accounting, and corporate management, will be taught by Deloitte experts. Colleagues from KPMG will be responsible for the module on integrated reporting. In addition, we are going to expand this programme beyond Russia, starting with Kazakhstan’.