The main directions of educational work at the faculty are: the formation of a modern scientific worldview, spiritual and moral, Patriotic, legal, aesthetic, professional, creative, labor and physical education that forms healthy lifestyle.

Educational work is aimed at the formation of universal and professional qualities of students: honesty, patriotism, labor discipline, respect for elders, etc.

The Dean:

• organizes the work of curators of academic student groups (coordination of curators' work, planning and organization of thematic curatorial hours);
• attracts students to participate in events dedicated to public holidays, prepares and conducts events that contribute to the formation of legal and political culture, active citizenship, promoting healthy lifestyle, developing  sense of patriotism, internationalism, contributing to the prevention of drug abuse and the fight against offenses;
• conducts  the work on the organization of prevention of offenses and abuse of mentally active substances in the student environment;
• conducts individual educational work with students;
• organizes events to study the objective state of the student environment;
• provides information support to students using all available means and methods of submitting information.

Active cooperation with the Russian Orthodox Church in the person of the Holy assumption monastery and its abbot father Mitrofan, city and regional organisations in various fields: medical institutions, law enforcement agencies, youth organizations, helps to improve students’ spiritual-moral, Patriotic, cultural, physical education.

The faculty holds events of various kinds: the Olympics; competitions for the best student scientific – research works. Students of the faculty actively participate in professional competitions, KVN, initiation of first-year students, "Autumn debuts". Meetings with employers are organized for graduate students. Our students are working on the improvement of the academic building and the surrounding area. Students participate in recruitment events during the "Open day", the applicant's Day, and the job fair.

Creative associations of the Institute carry out their work at the faculty. Students of the faculty are engaged in the Institute sports sections: "Volleyball", "Table tennis". They represent the Institute at various mass events of the city, regional and all-Russian scale.  

You need to become real students, fit into the community of glorious traditions of economics and commodity science faculty, so that the years of study were not just useful, but remembered for a lifetime as the brightest and most exciting ones.

At the faculty of economics and commodity science much attention is paid to the students’ research work. Science classes contribute to the formation of the future specialists’ readiness for the creative implementation of knowledge and skills obtained at the Institute, help to master scientific research methodology and gain research experience.

Regular work of scientific clubs is carried out at all departments of the Institute. The activities of these clubs are professionally orientated:

• Scientific club "Economist".  Scientific adviser of this club is Batyukov M.V., Junior researcher of the scientific department, candidate of economic sciences, associate Professor. Special attention at the club meetings is devoted to the consumer cooperation system economic problems in the conditions of modern economic development, to Russian economy resource potential.
• Scientific club "Manager". Scientific adviser of this club is Kravchenko V.M. Ph. D., associate Professor of economics and humanitarian and social disciplines department. Members of the club study problems of management in a modern enterprise, the effectiveness Russian business methods use.
• Scientific club "Financier". Scientific advisers of the club are Sidelnikov is G.L., junior researcher of the scientific department, doctor of phys.-math. sciences, and Komarova A.V., candidate of economic sciences, associate Professor of finance and accounting department. Topical issues of public and commercial sector finance are discussed at the club's meetings. Analytical research is conducted.
• Scientific club "IT Specialist". Scientific adviser of the club is Belan L.S., senior lecturer of finance and accounting department. Special attention at the club meetings is paid to topical issues of introduction of information technologies in professional activities.
• Scientific club "Unity". Scientific adviser is Stena I.I., senior lecturer of economics and humanitarian and social disciplines department. The history and current state of consumer cooperation in the Lipetsk region is studied at the club meetings. Consumer cooperation system practitioners are often invited to the club's meetings.
• Scientific club "Dialogue of cultures". Scientific adviser is Soldatova V.L., candidate of pedagogical sciences, associate professor of economics and humanitarian and social disciplines department. Students study traditions, customs, cultures of the countries of studied languages at the club meetings.   

Students of the Institute take active part in competitions, Olympiads, scientific and practical conferences held both at the Institute and in other educational institutions. Every year students of the Institute participate in the “Economic development of Russia” competition and International “Olympic games” on economic and financial subjects organized by the Youth Union of economists and financiers of the Russian Federation. They also take part in national conferences:

- All-Russian open competition of research and creative works of young people "I will be appreciated in the XXI century".

- All-Russian conference of students "Youth, Science, Culture".

- All-Russian competition "My legislative initiative".

- All-Russian youth forum on cultural heritage, ecology and security "UNECO";

- All-Russian conference "National heritage of Russia".

Research activities help students’ better understanding and getting ready for future professional activities.