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The history of the Institute of World Economics and Finance is closely connected with the renovation of the process of education with the help of innovative information technologies and means of telecommunication. The Institute of World Economics and Finance (IMEF) is one of the leading institutes in Russian Federation implementing educational programs using technologies of distance education. 

Active use of the innovative system of complex management allows developing efficient and high-quality education and adds to the motivation of intellectual activity while studies.

Since 2005 the learning process includes the latest systems of complex management of educational process – electronic dean’s office and e-time-table, automatic system of access control taking into account the working time of the staff and analysis of students’ attendance. There is an Educational Portal where students and teaching staff exchange information, and this allows using multimedia and interactivity in the educational process.

Due to the use of the system of distance education IMEF has constant growth of the number of entrants and students from RF (Astrakhan, Moscow, Volgograd, Makhachkala, Elista) as well as from Kazakhstan, Uzbekistan.

In 2008 the institute designed and took out a patent for “Global Information System of Managing Educational Establishments” (GISMEE), (certificate of state registration of programs for calculation devices №2008615900 of 10.12.2008 and №2009612460 of 15.05.2009) which has been implemented in the IMEF.

For many years the Institute of World Economics and Finance (IMEF) trains specialists in the following programs: Economics, Management, and Applied Information Technologies. It provides professional retraining in the programs of the State Educational Standards for the main professions. IMEF helps achieve the goals of those who care to get knowledge, develop, and broaden professional horizons.

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