Higher education in Russia is provided by public and private higher education institutions. Education in public institution is free of charge. Higher education is under the jurisdiction of the Ministry of Education of the Russian Federation, which is responsible for the accreditation and licensing of Higher Education Institution and for developing and maintaining Federal Educational Standards. There are three levels of higher education:
1) incomplete higher education (2 years at least);
2) basic higher education (4 years) leading to a Bachelors degree, the first university level degree;
3) advanced higher education (5-6 years), leading to Specialist and a Masters degrees.
The School of International Business offers educational programs in basic and advanced higher education.