It is already sixteen years since the establishment of the
Banking and Finance Academy of the Republic of Uzbekistan. Within this period
about two thousand undergraduates, Candidate’s and Doctor of sciences have been
trained here. Moreover, about thousand and a half heads from the
banking-financial sphere underwent advanced training in the academy. Meanwhile,
the education institution has a number of singularities making it distinguished
from other higher educational institutions.
For to
study in graduate courses of the Banking and Finance Academy it is necessary to
have Bachelor’s diploma and at least two years of service in the position no
less than key specialist at departments of the Ministry of Finance, Tax
Committee or banking. Besides, applicants should have recommendation letter
from the workplace. After enrolment, attendees will study not two academic
years, but only fourteen months.
“All peculiarities in organization of the learning process
in the academy come from the tasks assigned on the preparation of specialists,
qualification of which meets the international requirements,” underscores the
rector of the Banking and Finance Academy Abdurakhim Vakhobov. “Departments of
Banking, Finance, Investment and Tax Forecast train undergraduates. These
departments have all conditions for professional upgrade of attendees.”
Much emphasis in the academy is placed on the learning of
English language that is trained intensively.
At least one course is conducted here monthly with
involvement of foreign specialist that reads lectures. Thus, these days the
ATTF expert from Luxembourg Graham Cheshire has conducted the course concerning
corporate finance. In February it is expected the visit of the manager of
Master’s courses on banking and finance at the University of Luxembourg Julian
Presber that will have lectures on the development of capital markets.
Those knowing foreign languages have the advantage to be
included in groups of listeners sending by the academy for foreign training
courses. Nowadays, students of the academy have visited 42 leading
financial-economic universities and organizations located in 20 countries of
the world. Thus, for example, 149 students visited Luxembourg, 138 – Japan, 119
– UK, and 115 – the Netherlands.
The modern system of advanced training of specialists of the
country could not be imagined without a special faculty of the banking and
Finance Academy. “All specialists of the Banking and Finance Academy working in
the executive positions are our regular visitors. Each of them once in three
years undergoes here three-month courses of advanced training. We acquaint them
with details of all innovations in both national and world banking-financial
system,” emphasized Abdurakhim Vakhobov.
The Academy is a leading scientific center where the ways of
development of banking-financial sphere get studied. In 2011, research works on
six applied and one fundamental theme were completed. The academy runs three
republican specialized scientific councils that deal with defense of
candidate’s and doctor’s theses on the following specialties: Finance, Money
Turnover and Credits, Auditing, and Economy of Agricultural Sector.