In 1947, Nikolay Bogolyubov organized and became the Head of the Department of Theoretical Physics at the Steklov Mathematical Institute. In 1969, the Department of Theoretical Physics was separated into the Departments of Mathematical Physics (Head Vasily Vladimirov), of Statistical Mechanics, and of Quantum Field Theory (Head Mikhail Polivanov). While working in the Steklov Institute, Nikolay Bogolyubov and his school contributed to science with many important works including works on renormalization theory, renormalization group, axiomatic S-matrix theory, and works on the theory of dispersion relations.