Bachelor’s degree programme 6.030508 Finance and Credit

Qualification awarded: 
Bachelor in Finance and Credit
Level of qualification : 
Bachelor
Specific admission requirements: 
After the interview applicant can start from second or third year in correspondent major under the terms of signed agreements between college or technical college and the University.
Specific arrangements for recognition of prior learning: 
None
Profile of the programme: 

Students get a necessary knowledge and practical skills in the following areas: monetary system, financial activity of enterprises and organizations, taxation of enterprises, activity of organizations on the financial market, organization of banking, banking operations, banks exchange transactions, currency regulations, tax operations, organization of the tax service monitoring, insurance services, accounting and analysis of insurance organizations, financial management, marketing of financial and credit sector, organization and improvement of bank information systems, financial institutions, tax and custom services.
The total credit load of the curriculum is 240 ECTS credits, including social and humanitarian modules — 36 cr., fundamental, natural science and general economic modules — 60 cr., modeules of professional and practical training — 144 cr.

Key learning outcomes: 
  1. Knowledge and understanding:
    • management of inconvertible and convertible assets of enterprise (organization);
    • identifying the real needs of funds for the current financial and economic activity;
    • optimization of the investment activity;
    • forming the effective sources of financial costs; monitoring the expenditures planning on all stages;
    • planning of financial proceeds from sales and non-operating income, pricing on the products (works, services);
    • distribution and use of enterprises profits;
    • financial control of enterprises relationships with commercial banks about opening accounts, implementation of cash management services, opening of deposits and getting of loans;
    • avoiding bankruptcy of enterprises;
    • property insurance and enterprises responsibility;
    • personal insurance (pension, medical, social);
    • planning of income and budget expenditures on all levels;
    • drafting the consolidated balance of financial resources on the appropriate territory (region, city);
    • drawing up and implementation of incomes and expenditures estimates in the budgetary institutions;
    • controlling the use of budgetary funds;
    • cash administration of the state and local budgets;
    • organization of exchange, depository, settlement and clearing activities;
    • transactions in the stock market, investment in securities, trust, leasing, factoring and financial transactions with the mortgage.
  2. Intellectual (thinking) skills:
    • ability to use professional and profile knowledge and practical skills in fundamental disciplines in the process of enterprises financial and economic activities;
    • ability to apply knowledge and skills in solving qualitative and quantitative objectives;
    • ability to use necessary computer software in the scientific and financial work;
    • ability to know methodological research techniques, use methods of analysis of financial processes, use modern methods of scientific analysis system;
    • skills of written and oral presentation of scientific and practical material.
  3. Practical skills (subject-specific):
    • skills to use research-based methods of analysis and predict enterprises and organizations development;
    • ability to make accounting and operational reports, calculate index of economic and financial activities of enterprises, organizations and institutions;
    • ability to prepare and conclude an insurance treaty from the main types of personal, property insurance and insurance of responsibility;
    • ability to use information systems and technology in finance;
    • ability to control the rational formation and use of centralized and decentralized funds.
  4. Key/transferable skills (generic):
    • ability to take into account impact of the direct and indirect environmental factors on the performance of industrial and business enterprises (institutions, organizations);
    • possession of various practical skills in computer data collecting and information processing;
    • ability to work with modern computers on the professional level;
    • ability to apply knowledge in practice;
    • ability to self-learning and continuation of professional development;
    • communication skills, including oral and written communication in Ukrainian and at least in one of the most spread European languages;
    • skills to cooperate with others, ability to work in groups, conflict and stress management;
    • ability to organize one’s activity and effective time management.
Occupational profiles of graduates with examples: 

The activity objects of Bachelor in Finance and Credit are concrete means and tools of financial, industrial and economic activities of enterprises, institutions, organizations; implementation and performance of income estimate and expenditures of budgetary institutions, controlling of their performance and so on.

Occupation: an economist in financial work

Performs drafting of financial support of innovation, investment and production programs, enterprises business plans; preparation of financial and banking documents from payment, obligations of the enterprises and natural persons; controlling and analysis of the financial activities of business units, accounting of contracts performance about sale of production (works, services); programs of income making and financial obligations of the enterprise; making up the financial statements, training and so on.

Occupation: an insurance agent

Performs agent activity: activity of juridical person and citizens, who authorized to act on behalf of and on the basis of warrant one or more insurances order about advertising, consulting, offering insurance service and conducting work, which is related to the conclusion and execution of the insurance treaty, including obtaining of insurance payments, drawing up all the necessary documents for timely payment of insurance premiums or insurance compensation and implementation of these payments.

Occupation: a tax inspector

It controls observance of tax legislation, budgetary revenue of income tax and other payments, checks the financial documents of tax payers: tax returns, accounting books, reports, estimates etc.; conducts remote and on-site tax audits, analyses the results, applies financial sanctions against violators; directs requirements about tax payments and fees to organizations, businessmen and citizens; analyses the level and dynamic of income taxes, fees and debts revenue.

Access to further studies: 

Bachelor in Finance and Credit may continue his/her studies at the university at the second cycle degree. Specialist/Master in Finance and Credit and Master in Innovation management.

Examination regulations, assessment and grading: 
Provisional Regulation on knowledge evaluation and recognition of students’ rating in the credit-modular system of the educational process.
Graduation requirements: 
Completed curriculum with credit load — 240 ECTS credits, defended bachelor’s thesis, successfully passed state exam.
Mode of study: 
Full-time, extramural, external
Programme director: 
Sc.D., professor I. Alyeksyeyev