Purpose A modern trend in the educational environment in recent years has been the permanent education system with the involvement of online study modes. It is based on multidisciplinarity and adaptivity of educational technologies, starting with the basic level of education – bachelor’s degree, and ending with gaining competences in the field of engineering and economics throughout the whole professional life of a student. The purpose of this paper is to perform a detailed analysis of development of permanent education in Russian universities, focusing on statistical data on popularity of jobs as to professional groups among employers and determining peculiarities of permanent education, based on the distinguished peculiarities of permanent education and requirements of business to develop a model of engineering and managerial education that would integrate two blocks of the educational process – engineering and economic, as well as include modern technologies of teaching. Design/methodology/approach The authors propose the modern model of engineering management education that is implemented in the Russian technical universities. Its distinctive feature as compared to the conventional educational technologies is gaining competences in the field of economics and management at the same time with engineering education at the second stage of education – the master’s program. The proposed model of engineering and management education results in obtainment of two diplomas by the student who is awarded with a master’s degree in engineering and a master’s degree in economics. A difference of the offered model from the traditional educational technologies is obtaining competences in the sphere of economics and management together with engineering education at the master’s program. The result of the offered model of engineering and managerial education is graduate’s receiving two diplomas with master’s degree of engineer and master of economics. The paper shows the existing mechanism of implementing the model of engineering and economic education in a technical university by the example of the master’s program in Economics “Evaluation of economic risks during technological decisions (in oil processing and oil chemistry).” Findings The offered model of engineering and managerial education will allow training the engineers of a new type, who will be able to adapt to new tendencies and initiate the changes that are necessary for effective functioning of business in the conditions of digital economy. Originality/value The offered model of engineering and managerial education should be acknowledged as an innovational educational project that raises demand for graduates through their adaptability to employer’s needs and their usage of new tools of management that are based on exchange of information data and that form managerial task for information provision of the process of decision making and their further execution.

Prerequisites of formation of human capital as socio-economic phenomenon in the innovation society are analyzed in this article on the basis of complex methodology that integrates methods of social philosophy, economics, sociology and socio-philosophical anthropology. The authors came to the conclusion that these prerequisites are the following: technologization of achievements in the field of basic sciences and lending innovation-technological, economic-commercial, administrative, innovation-personal functions to sciences. The basic provisions of the theory of human capital are investigated, and its essence and structure is justified in the paper. The authors show that this is cognitariat or social groups ensuring the formation and constant development of the scientific-industrial-technological segment of the innovation economics on the basis of implementation of innovation that is the subject of human capital. Possibilities and perspectives of utilization of human capital for solving tasks of improving productivity and profitability of production in the digital economics are also justified.

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The article considers methodical approaches to the estimation of the economic efficiency of design solutions when installing a compressor station taking into account the risk component taken into account at the stage of development of design solutions. The methodics in question are based on the methodology for determining net cash flows and the method of discounting them. Also detailed are the methodological provisions for determining operating costs for the operation of compressor plants based on design options and determining net present value. On the example of one of the largest oil and gas fields of the Khanty-Mansiysk Autonomous Okrug-Ugra of the Russian Federation, calculations of the economic efficiency of four installation options for different types of compressors with different equipment and unit capacity are presented. Also from the technological point of view, the necessity of reducing the risk of equipment shutdown, which was taken into account in the discount rate, was justified. The choice of the most effective variant of design decisions was carried out on the basis of criteria of efficiency of investment projects based on the UNIDO methodology.