EDUCATION LEVEL OF EXECUTIVE BOARD MEMBERS IN BANKS ON THE RUSSIAN MARKET

Abstract

The article is devoted to the research of the education level of executive board members of banks on the Russian market. The key source of information is banks’ websites, which publish data about characteristics of executive board and board of directors. Data collected includes information about university, major, additional studies, and PhD both for chairman and members of executive board. Data is analysed in SPSS program; frequency analysis is arranged. Results of the research demonstrate that members of executive boards have high level of education: their education is not limited to one degree; the majority has either additional education or even PhD. This is in line with the Rosstat data, which shows that education level of employees in the banking sector in Russia is higher in all other industries, except a scientific sphere.