Russian Armenian University - Institute of Economics and Business

The Institute of Economics and Business at Russian‑Armenian University is a specialized academic unit offering economics, finance, management and tourism programs within a binational Armenian–Russian institution. It blends bilingual study with internationally aligned curricula and maintains strong ties to regional economic priorities. Students benefit from integrated theoretical and applied learning supported by research‑active departments.

Its structure includes thematic chairs focused on economic theory, finance and management, each contributing to professionally oriented programs. The Institute aims to prepare graduates who can operate across Armenian, Russian and Eurasian markets through research‑driven teaching, mobility options and practical engagement with business and policy sectors.

IEB supports strong employability outcomes through a network of 150+ international partners and close collaboration with Armenian financial institutions, public agencies and private firms. Students gain practical skills in financial modelling, auditing and policy analysis, complemented by internships coordinated through academic departments and RAU’s career services.

Graduates pursue careers in banking, corporate finance, consulting, tourism management and public policy. Frequent employer panels, research‑based practicums and guest lectures expand industry exposure. The Institute’s bilingual profile and transnational recognition enable alumni to pursue roles across the Eurasian Economic Union and in global markets.

IEB stands out through its dual recognition structure, offering programs aligned with both Armenian and Russian academic standards. This unique framework provides graduates with versatile credentials valued in regional and cross‑border professional environments. Its bilingual instruction strengthens readiness for careers in regional business, public administration and academia.

The Institute’s international partnerships enhance mobility, while its practice‑oriented teaching connects students directly to industry. With a supportive mid‑sized campus and strong faculty engagement, learners benefit from mentorship, networking and a community environment well suited to career‑focused economic and business studies.

IEB advances applied research on transition economies, finance and public policy, generating contributions that inform national debates. Faculty lead thematic research streams on banking regulation, taxation, human capital and monetary policy, while students participate in publication‑oriented projects supported by the university’s research centre and the Vestnik journal.

Innovation reflects in its international academic collaborations, digital teaching adoption and industry‑linked applied projects. These initiatives bring contemporary financial analysis techniques and modern pedagogical tools to the Institute. Engagement with government bodies and private organizations enhances societal impact and strengthens the Institute’s role in addressing regional development challenges.

What languages are programs taught in? Programs are primarily delivered in Russian and Armenian, with some English‑language modules available in joint or mobility tracks. Students should verify language requirements per program.

Are internships and career support available? Yes. The Institute organizes internships, employer events and career advising through departmental coordinators and university services, helping students build practical experience and professional readiness.

Can students receive a Russian diploma? Many programs offer the possibility of a Russian state‑recognized diploma alongside the Armenian degree, depending on the sector of study. Applicants must confirm availability for their specific program.

Admissions follow RAU’s established framework: bachelor’s applicants apply using secondary school credentials, while master’s candidates must hold a relevant undergraduate degree. Application timelines usually align with a September intake, and international mobility programs follow partner‑specific deadlines published during the year.

Tuition varies by program and applicant category, with scholarships and grants available to high‑achieving candidates. Students can access university dormitories or private housing in Yerevan, supported by RAU’s international office. Applicants should review language requirements, sector alignment and any additional documentation needed for double‑degree or internship‑linked tracks.