Economics

Undergraduate

Continuation of the educational program

4 year

Payment amount for one academic year

Full-time.............................17 250 000 UZS

Distance.............................9 375 000 UZS

Degree

Undergraduate

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Description of direction

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.

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.

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