Economics

Undergraduate

Duration of the educational program

4 year

Payment amount for one academic year

Degree

Undergraduate

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Direction description

Economics is the study of production, distribution, trade, and consumption of goods and services. In general, it is a social science that emphasizes the practical aspects, discussions, and material expressions related to the production, use, and management of scarce resources.

Objectives of the Program:

Understanding key issues in civil society, applying strategies based on the development strategy of Uzbekistan, methodological guidelines for planning, accounting, and analyzing the activities of economic entities, developing and using legal and regulatory documents, organizing planning activities, studying national and international practices, understanding technological foundations for product development, and using information and communication technologies in techno-economic calculations and analysis of economic activities.

Competencies of the Program:

Knowledge of current state policy issues
Ability to independently analyze socio-economic problems and processes
Development of logical thinking
Drawing correct conclusions
Formation of mathematical culture
Independent acquisition of new knowledge
Ability to organize work and labor scientifically
Skills in searching, analyzing, and using legal documents in professional activities
Developing and implementing strategies for economic growth and competitiveness
Skills in analyzing and evaluating the macroeconomic environment, market, associated risks, and competitive environment

Forms of Instruction:

Lectures
Small group classes
Team projects
Educational seminars
Case studies
Practical exercises

Study Period:

September - July (traditional summer admission)

Employment Areas:

Management
Marketing
Finance
Banking
Insurance
Taxation and tax administration
Accounting and audit
Pension affairs and others

FAQ

Who Are We? What is ISFT?

The ISFT Samarkand Branch is a part of ISFT Institute, one of the most advanced, innovative, and перспективных higher education institutions in Uzbekistan with many years of history. The institution began its operations in 2016 as a business school under the name International School of Finance, Technology and Science (ISFT). Classes at the business school were mainly conducted in English, and education in international accounting was provided based on the UK’s ACCA program.

In 2019, according to the Presidential Decree No. 5847 “On approval of the Concept for the Development of the Higher Education System of the Republic of Uzbekistan until 2030,” key objectives were established, including organizing the activities of public and private higher education institutions, increasing higher education coverage to over 50 percent, and creating a healthy competitive environment in the sector.

Based on this, in 2021, ISFT obtained License No. 0035 from the State Inspectorate for Supervision of Education Quality under the Cabinet of Ministers and has since continued its operations under the ISFT Institute brand.

The ISFT Samarkand Branch offers two modes of study: full-time and part-time. While in 2021 there was 1 faculty with 3 bachelor’s programs, by 2024 this expanded to 3 faculties with 15 bachelor’s programs, and 4 master’s programs were also introduced.

Is ISFT a state educational institution?

No. ISFT Institute is a private/non-state higher education institution. Our institution operates based on licenses and certificates issued by the relevant body under the Cabinet of Ministers of the Republic of Uzbekistan, meeting all the state’s requirements.

Is the ISFT Samarkand branch registered on the HEMIS platform?

Yes, the ISFT Samarkand branch is officially registered on the HEMIS (Higher Education Management Information System) platform. Students and applicants can verify information about the institute and its status in the system through the official HEMIS platform (hemis.uz).

Tuition Fee at ISFT Samarkand Branch

At the ISFT Samarkand Branch, the annual tuition fee for admitted applicants is:

Full-time program (ISFT Samarkand Branch) — 50 BHM for all programs.
Current year amount: 17,000,000 UZS

1 BHM equals 340,000 UZS.

Part-time program (ISFT Samarkand Branch) — 33 BHM for all programs.
Current year amount: 11,220,000 UZS

The ISFT Samarkand Branch does not provide monthly scholarships but may offer 100% annual grants.

If two or more family members study at the ISFT Samarkand Branch, a 20% discount is applied for each student.

Tuition fees may change annually before the start of the academic year.

Are grant positions available as well?

Currently, it is planned to allocate approximately 300 general grants and an additional 50 special grants for representatives of socially vulnerable groups.

Transfer to ISFT Samarkand Branch

The ISFT Samarkand Branch offers student transfer opportunities. Admissions are available only for 2nd and 3rd year students. Transfers can be made from both Uzbekistan and foreign universities. Requirements include completion of the 1st year, passing final exams, and an official order confirming completion.

What is ACCA?

ACCA (the Association of Chartered Certified Accountants) is a professional accounting body founded in 1904 in the United Kingdom. Today, ACCA is the largest international organization of highly qualified accountants, with 227,000 members and 544,000 students in 181 countries, holding strong respect in professional circles.

The global recognition of ACCA

The global recognition of ACCA lies in the fact that it is one of the most highly regarded international qualifications in the field of finance and accounting. This qualification is widely recognized by financial professionals, international companies, and government institutions worldwide. ACCA members have the opportunity to hold high-level positions in many countries, reflecting the international recognition of their qualification.