Banking and Audit

Undergraduate

Continuation of the educational program

4 year

Payment amount for one semester

17 000 000 UZS

Degree

Undergraduate

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Description of direction

The program shapes a unified system of general cultural and professional competencies in the field of banking and audit. Modern economics requires a qualitatively new generation of banking professionals with core competencies, modern technologies and tools, knowledge and skills in financial analysis of commercial and business processes, and advanced analytical thinking and research skills.

In this field, students will study the fundamentals of banking, finance, and audit, the formation of accounting policies, international finance, monetary policy, solving banking problems, investments, and investor activities. Students will also gain fundamental knowledge, skills, and competencies in statistics, econometrics, and taxation.

FORMS OF EDUCATION:

Lectures, small group classes, team projects, educational seminars, case seminars, practical exercises.

STUDY PERIOD:

September - July (traditional summer admission).

STUDY HOURS:

Monday - Saturday, approximately 9:00 AM - 8:00 PM (schedule will be set at the beginning of the academic year).

Requirements for full-time education:

Education is conducted only in Uzbek.

Entrance exams:

• Native language test; • General mathematics test;

• Admission is based on a competitive process, and applicants with high scores have the chance to become students.

• Note!!! After successfully passing the entrance exams, the applicant must undergo an interview with the commission and a logical reasoning test. Applicants who successfully pass all stages can study full-time on a scholarship basis.

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
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.

The tuition price changes each year before the start of the new school year.

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.