About Our Institute

General information and Diploma acknowledgement

International Institute of Economics, Law and Management (IIELM) was established in 1996 on the initiative of North Rein-Westphalia State government (Germany) and Nizhny Novgorod Region administration as a structural unit of Nizhny Novgorod University of Architecture and Civil Engineering. This is one of a few institutions of higher education in Russia that grants its students a unique opportunity to receive a diploma acknowledged in Western Europe. The Diploma is considered to be equal to diplomas of Fachhochschule Koeln and Aachen (Germany), and Hogeschool Zuyd (The Netherlands). IIELM is financed by European Union, Russian Federation Government, and the government of North Rein-Westphalia.

Perspective Employment

Graduates of IIELM posses thorough professional knowledge in the field of corporate economics, finance, business accounting, management and marketing. Upon the judgement of foreign and Russian specialists, the students are capable to work both in Russia and abroad, either in government or commercial structures including regional and municipal bodies, ventures in different fields of economy, insurance companies, consulting joint ventures, banks, trading firms and agencies of Russian Federation and foreign companies.

The Quality of Education

IIELM works closely with partner institutions in Germany and the Netherlands. IIELM partner institutions are:

German and Dutch professors actively participate in education process in IIELM. They carry out about 20% of teaching at IIELM.
IIELM curriculum has been designed along with partner institutions taking into account Russian and Western European requirements to Higher Economic Education.
Russian teachers, who are responsible for basic economics subjects and specialization classes, have undergone qualification apprenticeship abroad. Russian, German and Dutch teachers work closely together: give exams and credit tests, prepare lectures and seminars, manage practice, Bachelor papers and Diplomas. Some of the Russian teachers work at the partner institutions.
Education at IIELM is practically oriented. While doing course work (term papers, projects, essays, etc.) and during their practice, students participate in solving real business tasks.

Material Resources

IIELM offers comfortable classrooms, modern equipment and computers. IIELM students have free Internet access and satellite TV.
IIELM library provides modern textbooks and professional literature in Russian, English and German on both basic economic and specialization subjects. Most books are bought in Germany and the Netherlands.
IIELM students enjoy comfortable dormitories, fitness center with swimming pools and a number of gyms, and a resort located on the beach of Gorki Sea. They are always welcome to students cafe, cafeterias and bars. IIELM students make use of students hospital free of charge.

IIELM Competitive Advantages

License

IIELM is engaged in educational work under license # 24G-0533 of April 1, 1999..