Workpackage 5 (Implementation of reformed master programmes and new DD programmes)

Start: 15th month

End: 36th month

Duration: 22 months

The aim of WP5 is to start implementing the modernized master programmes in Finance as well as the newly developed double degree programmes between EU and Russian HEIs.

The objectives are:

1) to promote the modernized master programmes and the new double degree programmes

2) to select and enrol students for these programmes

3) to adapt auditoriums according to the needs of the programmes (where required)

4) to implement the modernized master programmes and the new double degree programmes starting from winter term 2015/16.

During this WP the consortium will start to transfer the results of the previous WPs into concrete practice. This includes the reformed curricula and new double degrees (WP 2) as well as the updated and newly developed course contents/teaching materials (WP 3). Furthermore, the teachers who receive training during WP 4 will start lecturing in the modernized master programmes and new double degree programmes.

EU and Russian HEIs in the consortium will undertake promotion measures and organize the student selection procedures (criteria are for example academic background, previous grades, language skills etc.). In the winter term 2015/2016 the Russian HEIs will launch the modernized master programmes in Finance; in parallel the double degree master programmes between EU and Russian HEIs will be launched jointly.

In doing so more than one third of the project lifetime will be dedicated to the actual implementation of modernized and newly developed programmes. The implementation will be closely monitored and evaluated by the Quality Control Panel (QCP) of the project, in order to enable continuous feedback and improvement (see WP 6). The WP leader will supervise the preparation and implementationof the study programmes at the individual HEIs in close cooperation with the other consortium members. EU HEIs will assist their Russian counterparts to ensure a smooth start.

The programmes will continue to run after the formal project end.