Finance, Banking, Insurance and Stock Market

Field of knowledge: D “Business, Administration and Law” · Programme volume: 120 ECTS credits · Qualification: Professional Junior Bachelor in Finance, Banking and Insurance.

EPP “Finance, Banking and Internet Banking”

The educational and professional programme is aimed at providing students with fundamental knowledge of the theory and practice of finance, banking and insurance. This is an economic specialty that deliberately trains specialists to work in financial institutions (banks, insurance companies, local self-government bodies, treasury and tax services) and in the financial departments of enterprises and organisations of various forms of ownership.

The learning process is based on interactive, combined and problem-based lectures, training courses, the latest information visualisation technologies, seminar-discussions and round tables with the participation of finance and insurance specialists, bank employees and representatives of business structures. The art of presentation and discussion is tested in the student club “Financial Literacy”. The programme is implemented in close cooperation with leading banks, financial institutions and insurance companies, whose specialists are involved in the learning process and in the organisation of placements.

Graduates know

• economic terminology and current classifications in the field of finance, banking and insurance;
• the specifics of the functioning of the modern national and global financial systems;
• the principles of organising financial relations in the sphere of public finance and enterprises;
• the economic content and mechanisms of carrying out basic banking operations and services;
• the methodology and techniques for assessing an enterprise’s financial indicators;
• the fundamentals of the functioning of the financial market and the activities of financial intermediaries;
• insurance business and the procedure for providing insurance services.

Graduates are able to

• carry out financial planning and forecasting, and develop current financial plans and budgets;
• perform financial calculations for the current financial and economic activity of an enterprise;
• determine forms of settlement and effective payment terms;
• prepare operational and financial reports, and carry out financial control and analysis;
• perform banking operations, their accounting and analysis, and cash services for clients;
• make calculations for all types of insurance activity, and conclude and manage insurance contracts.

Employment: State Treasury institutions, fiscal authorities, bodies of the Ministry of Finance of Ukraine, regional financial departments; institutions of the NBU and commercial banks; enterprises of various industries and forms of ownership; insurance organisations; investment funds and companies. Graduates may continue their studies on a shortened bachelor’s programme at the Odesa National University of Technology.