In 1934, this institute was split into separate parts for physics and mathematics, and the mathematical part became the Steklov Institute. At the same time, it was moved to Moscow. The first director of the Steklov Institute was Ivan Matveyevich Vinogradov. From 19611964, the institute's director was the notable mathematician Sergei Chernikov.

The old building of the Institute in Leningrad became its Department in Leningrad. Today, that department