A Russian first in global financial education
Britain’s Foreign & Commonwealth Office (FCO) has generously sponsored the development of
our first-ever dual-language exam programme, in Russian and English. This unique approach will help
a new generation of young Russians to “be the best” as they start their careers in the
global investment professions. It is being successfully deployed across the Russian-speaking world
in a number of ways by our valued training provider based in Moscow, the Securities Market and
Management Institute (SMMI, or IFRU in Russian).
The CISI and international regulatory recognition
Download your free copy of the official workbook here to see how it
might
benefit your career, or colleagues’, family members’, or students’.
A version of this workbook is also used in the Moscow Olympiade, one of the world’s biggest
financial development programmes for school students, which in 2018-9 attracted more than 47,000
entrants from across the Russian Federation. Pictured below are some of the 100 finalists who came
to Moscow in March 2019 as guests of the Bank of Russia, following competitions with 800 young
Russians in eight different centres across the Federation.
From the left: Sergey Shvetsov (First Deputy Governor of the Bank of
Russia), Elvira Nabiulina (Governor of the Bank of Russia) and Dr.
Igor Kostikov (The Chairman of SMMI).
The Securities Market & Management Institute
The Securities Market and Management Institute is a long-established CISI Accredited Training
Provider based in Moscow and Saint Petersburg. SMMI provides a wide range of courses both for
students who want to improve their knowledge of securities market trading and general operations,
and for those who are taking their first steps on this road. The course programmes balance
theoretical aspects and practical issues, namely in the functions of securities market institutions,
the legal fundamentals, regulation, financial mathematics, financial risk management, etc.
The Chairman of SMMI, Dr Igor Kostikov, served as Chairman of the Russian Federal Commission for the
Securities Markets (now part of Bank of Russia under the new integrated regulation system) from the
year 2000.
Dr. Igor Kostikov (The Chairman of SMMI)
SMMI is the creator and manager of the acclaimed Moscow Olympiade programme.
Find out more here.
Fintech in Russia
The CISI cooperates with British and Russian fintech companies keen to develop and scale up the best
and brightest ideas in technology applied to finance.
For more information on the CISI's work in Russia please contact: