The Master of Sport Administration course at the RIOU will allow students to acquire new knowledge and skills in relation to sports organisations, sports events and sports event management while it aims to create future managers in the Olympic Movement.
Potanin, who is chairman of the RIOU Supervisory Board, has taken an active role in the University's creation and said the 20 scholarship places will be offered only to the very best applicants.
"I believe that personal endorsement is the most effective means to stimulate the best students," he said.
"As one of the founders of RIOU, I would like the new MSA programme at the University to involve the brightest candidates from the outset.
"And a rigorous selection process is the best way to identify the best – and not just in the field of sport."
The 20 students who are selected by The Vladimir Potanin Foundation will receive a grant which will cover the fees of the full-time Master of Sport Administration course, including all accommodation costs on the new state-of-the-art RIOU campus in Sochi.
Each of the 20 grants offered in 2013-2014 will cover around $30,000 (£19,000/€23,000) per student, while the will be covering the final preparations for the Sochi 2014 Winter Olympics and Paralympics.
"We are so grateful to The Vladimir Potanin Foundation for offering us this amazing gift," said RIOU chief executive Professor Lev Belousov.
"At the University, our main priority is to have the most talented and deserving students learning with us.
"It is not always the case that these students have the best financial support so these Foundation scholarships will help to ensure that the very best students are able to join for our first intake in 2013."
Applications for the scholarships can only be made once a place on the MSA course has been secured.
For more information or to apply click here.
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