International economics and finance

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Description of faculty

The Faculty of Finance and Economics aims to equip students with knowledge and skills in areas such as finance, economics, accounting, management and economic analysis. This faculty provides students with in-depth knowledge in areas such as financial systems, economic policy, corporate finance, international trade and investment.

The main goal of the faculty is to train highly qualified specialists who understand modern economic processes, develop financial strategies and can compete in the global economy. Students receive both theoretical and practical knowledge of working in financial markets, investment management, the tax system and economic forecasting.

The Faculty of Finance and Economics also provides its students with the opportunity to undertake internships in public and private companies, banks, auditing firms, as well as in international organizations. In addition, students have the opportunity to conduct in-depth scientific research in the field of economics and finance.

Directions

Business and management

It is an area focused on the study of the processes of organising, planning, directing and controlling in business. It includes a wide range of disciplines such as human resources, finance, marketing, strategy and operations. The main objective is to develop the skills to effectively manage an organisation, make decisions and achieve objectives. Training focuses on understanding business processes, analytical and strategic abilities, as well as leadership and interpersonal skills.

Financial management

It is a field dedicated to the analysis and management of financial resources of organisations and individuals. It covers such areas as corporate finance, investments, financial analysis, risk management and financial planning. The main objective is to develop skills for effective capital management to increase profitability and sustainable development of the company. Training in this area develops analytical thinking, the ability to assess financial risks and make strategic decisions that contribute to financial stability and business growth.

Accounting and finance

It is a direction aimed at studying methods of accounting, analysis and management of financial flows of organisations. It covers such disciplines as financial accounting, management accounting, taxation, auditing and financial analysis. The main objective is to train specialists who are able to accurately monitor, analyse and report on the financial condition of a company. The training develops skills in working with accounting standards, knowledge of financial reporting regulations and the ability to make informed financial decisions that contribute to sustainable business growth and development.

FAQ

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 3 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
Annual contract amount for recommended applicants:

The BCV (basic calculation value) is currently 375 000 UZS.

Tashkent:

The fee for full-time study is 50 BCV (international directions) and for the current year is 18 750 000 UZS.

The fee for full-time education is 46 BCV (other areas) and for the current year is 17 250 000 UZS.

The contract amount for distance learning is 25 BCV the same for all directions and for the current year is 9 375 000 UZS.

Samarkand:

The fee for full-time education is 48 BCV (international directions) and for the current year is 18 000 000 UZS.

The fee for full-time education is 44 BCV (other directions) and for the current year is 16 500 000 UZS.

The contract amount for distance learning is 25 BCV the same for all directions and for the current year is 9 375 000 UZS.

ISFT Institute does not provide scholarships to students, but can provide 100 per cent annual grants.

If 2 or more students study in the same family (brothers, sisters, husband and wife, etc.), each family member receives a 20% discount on the contract fee.

The tuition price changes every year before the start of the new academic year.

Are grant positions available as well?

Approximately 100 total grants are currently planned.

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.

International accreditation

ISFT Institute has successfully passed the international accreditation on 23 January 2025.
What does international accreditation mean?
It means that the quality of education, study programmes, teaching staff and management system of the institute meet international standards.
Quality control of ISFT's teaching system is licensed by the "Eurasian Centre for Accreditation and Quality Assurance in Education and Health Care (ECAQA)."
This organisation is registered as a member of the Council for Higher Education Accreditation International Group of the United States (CHEA/IQG). It should be noted that among private universities in Uzbekistan, only ISFT Institute has ECAQA accreditation.
What does it mean for students?

Recognition of ISFT diploma in 70 foreign countries
High confidence in foreign employers and universities
Possibility to continue studying abroad with an ISFT diploma
Modern approach to competitive education and profession