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Environmental Studies & Earth Sciences
Economics of Natural Resources Management (Environmental Economics)
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Economics of Natural Resources Management (Environmental Economics)

People's Friendship University
Moscow, Russia
 1232 Points
2 Years

Program Description

The ecology or the economy? Often economic and environmental interests are seen as the opposite. However, we are increasingly confronted with the fact that modern environmental problems are the result of the decision to "just earn" without caring about the consequences for nature. The consequences of this are the enormous costs of restoring natural systems.

As it is said “if you buy cheaply, you pay dearly”, and the one who didn't want to think about nature seems to do it many times. It is the coordination of environmental and economic interests that specialists in the field of environmental economics are engaged in. The number of activities of specialists in the field of natural resources management includes assessments of natural resources, environmental and economic justification of projects, environmental and economic analysis of enterprises, justification and creation of natural resources management systems.

Entry Requirements

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Bachelor's Degree
Degree from State Technical Institute
English Level

Additional Required Documents:

  • A copy of the medical certificate on the absence of contraindications for studying in the Russian Federation and on the absence of HIV and AIDS.
  • Photo.

Other Optional Documents:

  • For example, confirmation of victory in international Olympiads or professional competitions.

Important Information:

  • Personal portfolio of talented applicants will be taken into account. The portfolio is considered according to the following criteria:
  1. average academic grade at the previous level of education, including grades in specialized subjects (max — 45 points)
  2. achievements in educational and social activities, certificates, diplomas, etc. (max — 5 points)
  3. certificate of a foreign language proficiency (5 points)
  4. applicant status based on the results of participation in competitions / Olympiads for foreign citizens (winner — 15 points, prize-winner — 10 points)
  5. recommendations (or other similar documents) from public organizations, associations, Russian missions abroad, foreign diplomatic missions, faculties of RUDN University, etc. (5 points)
  6. volunteer activity (5 points)
  7. position of the university whose document on education the candidate provides upon admission, in the world rankings (10 points)
  8. letter of motivation (10 points)



Sustainable development

Environmental insurance

Environmental regulation

Modern methods of risk assessment in ecology

Methods and means of judicial ecological examination

Monitoring of natural and man-made systems

Ecological and economic design and risk analysis


Environmental management standards

Economics of natural resources management

Industrial natural resources management and economics


Practical classes introduce students to the methods of environmental and economic assessments, assessments of natural resources, environmental and economic feasibility of projects, etc.

Much attention is paid to the communication of students with leading experts, master classes, participation in national and international professional competitions and conferences, communication with future employers forms future professional competence.

Scientific and research internships of students are focused on environmental and economic assessment of projects for the development of natural resources in Russia and abroad.

Internships are conducted in research organizations, enterprises, design and consulting companies, as well as in public authorities.


  • Head of the Department of Ecology
  • Head of the Department of HSE (occupational safety and environmental safety)
  • Director for Environmental Protection
  • Head of the Project Team

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