Ural State University of Economics is one of the leading economic universities in Russia. It is a powerful, modern, dynamically developing scientific and educational center, where the business leaders of the Urals and other regions of the Russian Federation, as well as the CIS countries, are trained. Ural State University of Economics (USUE, Russian: УрГЭУ) is a major Russian university. It was created on 10 October 1967 as Sverdlovsk institute of national economy (Russian: СИНХ) on the basis of a faculty of Ural State University and Sverdlovsk branch of Moscow Institute of the National Economy. Nowadays it specializes on educating students in a large variety of professions.