Institute of Economics and Finance was established in 1931 on the basis of the Faculty of Economics of Kazan State University. In 2011 Kazan State Institute of Economics and Finance (formerly – the Institute of Economics and Finance) merged with Kazan (Volga Region) Federal University.

Within 80 years of its history the Institute of Economics and Finance has trained over 50,000 highly qualified specialists, who implicitly proved their professional competence in many spheres of economy. Having merged with the Federal University, one of the largest universities in Russia, the Institute has been enriching itself with the best traditions of academic education and acquiring a lot of new competitive edges.

Currently, the Institute is training more than 4,400 students. The faculty includes more than 260 highly qualified specialists working in various departments of the institute which provide general educational and professional background.

Today the Institute of Economics and Finance is also a major center for retraining and advanced training of specialists and managers from companies and government agencies, as well as research and teaching staff of universities.

The Institute is cooperating with leading universities of Russia, as well as with universities of the U.S.A., Germany and France.