Finance, Banking, Insurance, and Stock Market is one of the most dynamic and fundamental management specialties, ensuring the redistribution of cash flows, capital, and risks in global and national economies. A modern specialist in this field is not merely an accountant or bank clerk, but a financial analyst, investment strategist, risk manager, FinTech solution architect, and investor.
The specialty prepares graduates for professional management of monetary resources at all levels: from personal budgets and small business finance to public (state) finance, transnational corporations, stock markets, and banking-insurance conglomerates.
The training of finance specialists is based on the following objects of study and professional activity:
- financial systems: structure, principles, mechanisms of functioning, and strategic development of state, corporate, municipal, and international financial systems;
- banking system and FinTech: lending processes, cash and settlement services, investment banking, functioning of digital banks, payment systems, and cryptocurrency instruments;
- insurance market: mechanisms of risk assessment, minimization, and redistribution, actuarial calculations, formation and management of insurance reserves, and reinsurance;
- stock market and investments: circulation of securities (stocks, bonds, derivatives), operations of stock exchanges, investment funds, depositories, and brokers;
- corporate and public finance: enterprise budget management, tax planning, financial analysis, state budget, customs, and fiscal policy.
Learning goals by higher education levels:
First (Bachelor's) level — training specialists capable of solving typical and complex specialized tasks and practical problems in professional activity in finance, banking, insurance, and the stock market or during the learning process, characterized by complexity and a degree of uncertainty in conditions.
Main focuses of Bachelor's degree training:
- mastering fundamental knowledge of financial theory, monetary policy, tax systems, and accounting;
- skills in assessing the financial condition of enterprises, banks, and insurance companies;
- mastering basic tools for working with securities, calculating credit and deposit rates, and concluding insurance agreements;
- applying modern information systems and software for financial calculations and reporting (Excel, SAP, 1C/BAS, specialized banking software).
Second (Master's) level — training highly qualified specialists, top managers, and researchers capable of solving complex tasks and problems in finance, banking, insurance, and the stock market, involving scientific/applied research, implementing innovations, and characterized by high degree of uncertainty in conditions and requirements.
Main focuses of Master's degree training:
- strategic capital management, corporate finance, investment portfolios, and financial risk management;
- development and implementation of innovative financial products (FinTech, InsurTech, blockchain technologies);
- financial forecasting, crisis management, debt restructuring, and business valuation (M&A);
- research and analytical activities, monitoring financial stability, developing proposals for financial and credit policy.
Key competencies of a graduate:
- financial analysis and analytics — comprehensive assessment of a company's financial condition, cash flow analysis, calculation of profitability, liquidity, and solvency ratios;
- banking and FinTech — bank asset and liability management, creditworthiness assessment of borrowers, development of digital services and NEO-banks;
- insurance and risk management — risk assessment and underwriting, calculation of insurance tariffs and compensations, formation of crisis strategies for loss minimization;
- stock market and investments — investment portfolio construction, fundamental and technical analysis of the securities market, derivative trading, evaluation of investment projects;
- tax and budget management — tax planning and optimization, budgeting (BDG), business planning, corporate audit.
Graduates of specialty D2 Finance, Banking, Insurance, and Stock Market are among the most sought-after professionals in the labor market due to the high versatility of the degree:
- banking sector: credit and investment analyst, bank product manager, underwriter, trader, head of bank branch/department;
- corporate sector and business: Chief Financial Officer (CFO), financial controller, financial analyst, planning economist, budgeting specialist;
- insurance and underwriting business: average adjuster, underwriter, surveyor, actuary, claims settlement specialist;
- stock and investment market: stockbroker, dealer, stock market analyst, investment consultant, portfolio manager in hedge and investment funds;
- FinTech and startups: financial product manager (Product Owner), payment system analyst, digital asset and risk monitoring specialist;
- state and regulatory bodies: specialist at the National Bank of Ukraine (NBU), Ministry of Finance, State Tax Service, State Audit Service;
- audit and consulting: financial auditor, tax consultant, property and business appraiser at "Big Four" companies and other consulting firms.
Training is provided by the Department of Management and Business Administration (602)
Education is provided under the following educational programs:
| Educational Program | Degree | Mode of Study | Duration of Study |
|---|---|---|---|
| Finance, Banking, Insurance, and Stock Market | Bachelor based on complete general secondary education | Full-time and Part-time | 3 years and 10 months |
| Bachelor based on educational qualification level "Junior Specialist" | 2 years and 10 months | ||
| Finance, Banking, and Insurance | Master, professional educational program | Full-time and Part-time | 1 year and 4 months |