Established in 1991, International Banking Institute is a  private higher education institution located in the metropolis of Saint Petersburg (population range of over 5,000,000 inhabitants).  Officially accredited and/or recognized by the Ministry of Science and Higher Education of the Russian Federation, International Banking Institute (IBI) is a coeducational higher education institution. International Banking Institute (IBI) offers courses and programs leading to officially recognized higher education degrees such as bachelor degrees in several areas of study. See the EduListing degree levels and areas of study matrix below for further details. This 29 years old higher-education institution has a selective admission policy based on entrance examinations. 