State Financial Control and Audit

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Description of faculty

Contract cost for one academic year:

22 100 000 UZS (full-time education – without scholarship).

Program Goals:

The Master of Public Financial Control and Audit specialisation prepares specialists to work in the field of control and management of public finances. The programme includes the study of methods of financial analysis, audit, budgetary control and legal aspects of financial activity. Students will acquire skills in assessing the financial performance of public bodies and organisations, as well as in developing recommendations to improve their performance. Graduates of the Master's specialisation can work in controlling bodies, state bodies and audit companies.

FORMS OF STUDY:

Lectures, group sessions, project work, educational seminars, case workshops.

STUDY PROGRAM:

September - July (Traditional summer intake).

CLASS HOURS:

Monday – Saturday, approximately 13:30 – 18:00 (schedule will be announced at the beginning of the academic year).

Requirements:

National group (Uzbek), classes are conducted in Uzbek language.

Examination Subjects:

Interview;
Admission is on a competitive basis, applicants with high scores are recommended for admission.

Directions

FAQ

When do the test trials start?

The test trials start from September 1

Who Are We? What is ISFT?

ISFT Institute is one of the most advanced, innovative, and promising institutions in Uzbekistan, with a long history. This institution began its operations in 2016 under the name International School of Finance Technology and Science (ISFT) as a business school. The business school primarily conducts classes in English and provides international accounting education based on the ACCA program from the United Kingdom.

In 2019, based on the Decree No. 5847 of the President of the Republic of Uzbekistan "On the Approval of the Concept for the Development of Higher Education in the Republic of Uzbekistan Until 2030," it was determined to increase the coverage of higher education to over 50% and create a healthy competitive environment in the field.

As a result, in 2021, ISFT received License No. 0035 from the State Inspectorate for Quality Control of Education under the Cabinet of Ministers and continues its activities under the brand of ISFT Institute.

At our ISFT Institute, you can study in two forms: full-time and part-time. While in 2021 there was 1 faculty with 3 programs for undergraduates, by 2024, there will be 4 faculties offering 15 programs for undergraduates and 4 programs for graduate studies.

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 ISFT Institute registered on the HEMIS platform?

You can check if ISFT Institute is registered on the HEMIS platform through this link: hemis.uz

Contract

Contract Amount
The annual contract amount for applicants recommended for admission:

The payment for full-time education ranges 50 BCU (basic calculation unit), and is the same for all programs, amounting to 17 000 000 UZS for the current year.

As of today, the BCU (basic calculation unit) amounts to 340,000 UZS.

The contract amount for part-time education is 33 BCU (basic calculation unit) and is the same for all programs, amounting to 11,220,000 UZS for the current year.

As of today, the BCU (basic calculation unit) amounts to 340,000 UZS.

The ISFT Institute does not provide scholarships to students but may allocate 100% annual grants.

If 2 or more students from the same family (siblings, spouses, etc.) are studying, each family member receives a 20% discount on the contract payment.

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 of Studies

Certainly, our institute offers the possibility of transferring studies. Students who transfer are accepted only starting from the second and third year.

You can transfer to our institute not only from Uzbekistan but also from abroad. Requirements: you must have completed the first year, passed your final exams, and have an order confirming the completion of the first year.

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.