Saint Petersburg State University of Economics and Finance (Санкт-Петербургский государственный университет экономики и финансов) was a public university in Saint Petersburg, Russia. It was established in 1930 as Leningrad Institute of Finance and Economics (Ленинградский финансово-экономический институт; hence the colloquial name Финэк (Finec)). In 2012, it united with Saint Petersburg State University of Service and Economics and Saint Petersburg State University of Engineering and Economics to create Saint Petersburg State University of Economics. The campus of the University occupies the buildings of the former Assignation Bank, which were designed by the Italian architect Giacomo Quarenghi. History Leningrad Institute of Finance and Economics (LFEI) was created on the basis of the restructured economic faculty of Saint Petersburg Politechnical Institute on the 3 of June 1930. First students were admitted to the Institute in September, 1930. LFEI was enlarged several times, by merging first with the Moscow Institute of Finance and Economics in 1934, then with Higher Institute of Finance and Economics (Leningrad) and Financial Academy (Leningrad) in 1940. During the World War II the Institute was evacuated first to Essentuki and then to Tashkent. Finec renewed its operations in Leningrad on the 1 of September 1944. In 1954 LFEI was merged with Leningrad Planning Institute. In 1963 it was named after Russian economist and politician Nikolai Voznesensky. From 1966 to 1991 was a rector of the institute. On 23 of September 1991, by the decree of the Council of Ministers of RSFSR, N.A. Voznesenski Leningrad Institute of Economics and Finance was renamed Saint-Petersburg State University of Economics and Finance. During the post-soviet years, the University firmly established itself among the leaders of the Russian economic schools, being the first in the official ratings of the Russian Ministry of Education for more than a decade. In October 1991 has become the rector of the University. In December 2006 was elected as the new rector. At present the university enrolls about 13,000 undergraduate and postgraduate students, who are given instruction at 11 faculties and 40 departments. Every department provides different specializations, the list of which is revised annually in accordance with the changing conditions of the labor market. Its teaching staff numbers 850, 80% of whom have advanced academic degrees. The latest methods of teaching, as well as modern technologies are used in academic instruction. Campus The campus being urban, the buildings of St Petersburg State University of Economics and Finance are scattered