"Russia probably has one of the best education systems in the world, producing a literacy rate of 98% in individuals age 15 and above. In 1991 Russia had 519 establishments of higher education with total of 2,763,000 students enrolled. As of 2008 Russia currently has over 1000 HEIs (Higher Education Institutions) enrolling an estimated 6 million students worldwide, a two fold increase in HEIs in a little over a decade and a half.

Higher education is provided by public and non-public (non-State) accredited higher education institutions. There are two levels of higher education: Basic higher education (4 years) leading to the Bakalavr's degree, the first university level degree. This is equivalent to the B.Sc. degree in the US or Western Europe Postgraduate higher education (5-6 years or more). After two years, students are entitled to receive a Magistr's degree. This is equivalent to a Master's Degree (M.Sc, M.A.) in the US or Western Europe. After a Master's degree, students can continue to study towards a doctoral degree: Kandidat Nauk degree (the first level, equivalent to Ph.D.) and Doktor Nauk degree (the second, highest level, equivalent to Professor)."