The effect of the appearance of an electric current induced by the electromagnetic radiation at the interface of a ferromagnet and a non-magnetic material is calculated theoretically, taking into account the Rashba spin-orbit coupling. It is shown that the electric dipole transitions between the spin subbands of the conduction electrons of a ferromagnet due to the Rashba interaction lead to a photocurrent. This current has a resonance at a frequency corresponding to the energy of the exchange splitting of spin subbands. The resonance width is determined by the spin-orbit interaction constant. The estimates show the possibility of experimental observation of this effect in specially prepared multilayer systems. Keywords: Ferromagnet, exchange coupling, Rashba spin-orbit coupling, photovoltaic effect.