Kyiv School of Economics. 19.04.2011


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The Kyiv School of Economics (KSE), founded by the Economics Education and Research Consortium (EERC) ( and the Victor Pinchuk Foundation (, is a world-class institution with a reputation for excellence both in Ukraine and internationally. It aims to rank among the top schools in Central and Eastern Europe, producing a future generation of world-class economists. In doing so, it helps to improve the economic, business, and policymaking environments of Ukraine and neighbouring countries.

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Kyiv School of Economics. 19.04.2011

  1. 1. World-Class Economics Education and Research in Ukraine
  2. 2. What is Kyiv School of Economics? <ul><li>KSE is a world-class academic institution with a reputation of excellence in economics education and research, both in Ukraine and internationally </li></ul>I nstitution where quality of the education is a priority Managed by an international Board of Directors International Advisory Board of distinguished western professors Funded by international and local donors International full-time faculty of western-trained scholars actively engaged in research
  3. 3. KSE Donors <ul><li>Core Sponsors: </li></ul><ul><li>Eurasia Foundation </li></ul><ul><li>Victor Pinchuk Foundation </li></ul><ul><li>Open Society Institute </li></ul><ul><li>Swedish Ministry for Foreign Affairs </li></ul><ul><li>Swedish Agency for International Development (SIDA) </li></ul><ul><li>The Global Development Network (GDN) </li></ul><ul><li>Scholarships and Other </li></ul><ul><li>Support Providers: </li></ul><ul><li>Citigroup Foundation </li></ul><ul><li>Concorde Capital </li></ul><ul><li>Dragon Capital </li></ul><ul><li>Finnish Embassy to Ukraine </li></ul><ul><li>Norwegian Embassy to Ukraine </li></ul><ul><li>Kytasty Foundation </li></ul><ul><li>SEB Bank </li></ul><ul><li>SimCorp </li></ul><ul><li>Swedbank </li></ul><ul><li>US Embassy to Ukraine </li></ul><ul><li>EERC/KSE Faculty & Alumni </li></ul>
  4. 4. KSE Board of Directors <ul><li>Victor Pinchuk , Honorary Chair </li></ul><ul><li>Max Alier, International Monetary Fund </li></ul><ul><li>Anders Aslund, Co-Chair ; Peterson Institute for International Economics </li></ul><ul><li>Oleksandr Rohozynsky, Ex officio, EERC/KSE </li></ul><ul><li>Richard Ericson , Chairman of the Research Network IAB; East Carolina University </li></ul><ul><li>Paul Gregory, Chairman of the KSE IAB; University of Houston </li></ul><ul><li>Hryhoriy Nemyria, Former Vice Prime Minister </li></ul><ul><li>William Newton-Smith, Open Society Institute (OSI) </li></ul><ul><li>Gerardo della Paolera, Global Development Network </li></ul><ul><li>Leonid Petukhov, Geo Alliance Concern </li></ul><ul><li>Irina Paliashvili, RULG-Ukrainian Legal Group, P.A. </li></ul><ul><li>Regina Yan, Co-Chair ; Eurasia Foundation </li></ul><ul><li>Yuriy Yekhanurov, Former Prime Minister </li></ul>
  5. 5. We are the best international graduate economics program in Ukraine <ul><li>School statistics </li></ul><ul><li># of students: 74 </li></ul><ul><li># of graduates: 462 </li></ul><ul><li># of graduates who received Ph.D. abroad: 74 </li></ul><ul><li># of full-time faculty: 10 </li></ul><ul><li># of academic publications by faculty: 44 </li></ul><ul><li>Our education open doors to … </li></ul><ul><li>Ph.D. programs abroad: </li></ul><ul><ul><li>Graduates currently study in 10 of top 20 economics programs in the US </li></ul></ul><ul><li>Lead private & public sectors of Ukraine: </li></ul><ul><ul><li>Heads of research and analytics departments in the banks, investment companies, and consulting </li></ul></ul><ul><ul><li>Senior economists in leading think tanks </li></ul></ul><ul><li>International private and public institutions: </li></ul><ul><ul><li>World Bank, EBRD, IFC, IMF </li></ul></ul><ul><ul><li>Federal Reserve Banks, etc. </li></ul></ul>
  6. 6. Our alumni <ul><li>14% - continue Ph.D. studies abroad </li></ul><ul><li>USA </li></ul><ul><li>Duke University </li></ul><ul><li>Harvard University </li></ul><ul><li>Michigan State University </li></ul><ul><li>New York University </li></ul><ul><li>Penn State University </li></ul><ul><li>University of Chicago & 35 others </li></ul><ul><li>Europe </li></ul><ul><li>Cambridge University </li></ul><ul><li>University of Alicante </li></ul><ul><li>University of Bocconi </li></ul><ul><li>London School of Economics </li></ul><ul><li>Oxford University </li></ul><ul><li>Stockholm School of Economics & 16 others </li></ul>
  7. 7. Our alumni <ul><li>86% - work in Private & Public Sectors and Academia </li></ul><ul><li>Class 1998 </li></ul><ul><li>Iryna Ivaschenko, IMF Resident Representative in Budapest, Hungary </li></ul><ul><li>Vyacheslav Honchar, Vice President, ING Bank , Ukraine </li></ul><ul><li>Alina Gavrish, Principal Banker, EBRD , Ukraine </li></ul><ul><li>Class 1999 </li></ul><ul><li>Andriy Bodnaruk, Assistant Professor in Finance, Notre Dame University , USA </li></ul><ul><li>Veronika Movchan, Academic Director, Institute for Economic Research and Policy Consulting (IER) </li></ul><ul><li>Class 2000 </li></ul><ul><li>Tatiana Andreyeva, Director of Economic Initiatives, Yale University , USA </li></ul><ul><li>Dmytro Holod, Assistant Professor of Finance, SUNY-Stony Brook , USA </li></ul><ul><li>Class 2001 </li></ul><ul><li>Yegor Grygorenko, Case Team Leader, Bain & Company , Ukraine </li></ul><ul><li>Yuriy Gorodnichenko, Assistant Professor, University of California, Berkeley , USA </li></ul><ul><li>Class 2002 </li></ul><ul><li>Dmytro Sologub, Head of Research Department, Raiffeisen Bank Aval , Ukraine </li></ul><ul><li>Victor Tsyrennikov, Assistant Professor, Cornell University , USA </li></ul><ul><li>Class 2003 </li></ul><ul><li>Sergiy Stetsenko, Senior Economist, Moody's , USA </li></ul><ul><li>Class 2007 </li></ul><ul><li>Viktor Bisovetskyi, Head of Market Research, Interpipe , Ukraine </li></ul>
  8. 8. What makes KSE different? <ul><li>KSE faculty include experienced Western and Western-trained professors with Ph.D. degrees from abroad (Wisconsin, Michigan State, Maryland, Virginia, Stony Brook, Kentucky, Free University of Brussels, etc.) </li></ul><ul><li>KSE invites top professors to teach at the program or visit the program to give open academic lectures ( Berkeley, Columbia, MIT, Houston, Indiana, etc.) </li></ul>
  9. 9. Be prepared to feel the difference <ul><li>KSE is a western (international) education based in Kyiv: </li></ul><ul><ul><li>English language is the working language at the school </li></ul></ul><ul><ul><li>Polices against cheating, plagiarism, etc. enforced as strong as in any western school </li></ul></ul><ul><ul><li>Curricula modelled after top US and Western European university programs </li></ul></ul><ul><li>… .. but without cultural shock of new living environment </li></ul>
  10. 10. Why to apply to KSE? <ul><li>To be as successful as our alumni working in business and international institutions </li></ul><ul><li>To test and prepare yourself before going to study abroad </li></ul><ul><ul><li>See if you can handle the education without stress of changing environment </li></ul></ul><ul><ul><li>Our alumni are demanded by Ph.D. programs at top western universities </li></ul></ul><ul><ul><li>74 of our graduates already got their Ph.D. Many study abroad </li></ul></ul><ul><li>Alexei Kredisov Country Managing Partner, Ernst & Young “…EERC and KSE alumni can today be found at many Ukrainian companies and foreign enterprises working in Ukraine. They bring cutting-edge management approaches to their jobs and are ready to drive innovation…” </li></ul>
  11. 11. KSE MA Programs <ul><li>MA in Economic Analysis: </li></ul><ul><li>Leads to careers in the analytical </li></ul><ul><li>departments of major international </li></ul><ul><li>companies, governments, think tanks, </li></ul><ul><li>international organizations and ideally </li></ul><ul><li>for further study at Western Ph.D. </li></ul><ul><li>programs </li></ul>MA in Financial Economics: Leads to careers in the financial sector (banks, consulting companies, etc.) or international organizations and Western Ph.D. programs Outcomes (2 in 1): KSE Certificate + UH Degree
  12. 12. Academic curriculum <ul><li>First Year ( similar for both MAs ): </li></ul><ul><li>(5 mandatory economic courses </li></ul><ul><li>+ English and Ukrainian) </li></ul><ul><li>Micro </li></ul><ul><li>Macro </li></ul><ul><li>Statistics and Econometrics </li></ul><ul><li>Mathematics for Economists </li></ul><ul><li>Transition Economics (2 miniterms) </li></ul>Second Year: (divided into two MAs) MA in Financial Economics Financial Economics I, II; International Finance; Theory of Corporate Finance; Monetary Economics; Financial Econometrics; Emerging Capital Markets; Financial and Managerial Accounting, Portfolio Management; Financial Statements Analysis etc. MA in Economic Analysis Economic Policy Analysis; Issues in Microeconomics; Nonparametric Econometrics; Public Economics I; New Economic Geography; Labor Economics I; Industrial Organization I; International Trade I; Game Theory I; Monetary Economics; Money and Banking etc. 5 miniterms (duration 8 weeks) Midterms/Finals Weekly Assignments Thesis
  13. 13. <ul><li>Tailoring your career: </li></ul><ul><li>convertible education & mobility </li></ul><ul><li>Market-Oriented Courses and Specializations </li></ul><ul><li>Internships and Assistantships (TA’s, RA’s, etc.) </li></ul><ul><li>Trainings, Orientations, and Workshops (on Doctoral Studies) </li></ul><ul><li>University of Houston MA degree in Economics </li></ul><ul><li>CERGE-EI/ KSE Ph.D. Cooperation Program </li></ul><ul><li>One-week study tours to Stockholm Institute for Transition Economics </li></ul><ul><li>Open communication with Western economists </li></ul><ul><li>Continuation of studies at the doctoral level abroad </li></ul>
  14. 14. What kind of financial aid does KSE provide to students admitted for the 2010-11 academic year? <ul><li>For both years of studies , KSE provides: </li></ul><ul><li>10 full scholarships covering the full tuition fee of the top 10 students based on the admission exams and academic performance </li></ul><ul><li>20 partial scholarships covering half of the tuition fee (i.e. Euro 1,500) of the students based on the admission exams and academic performance </li></ul>
  15. 15. What is the tuition fee at KSE? <ul><li>The tuition fee at KSE is Euro 3,000 per student per year . </li></ul><ul><li>Tuition payments can be deferred , fully or partially </li></ul><ul><li>Students from outside of Kyiv can apply for deferred housing support to cover the costs of their stay in Kyiv </li></ul>
  16. 16. How to become the KSE student? <ul><li>Stage 1: register on-line at </li></ul><ul><li>Stage 2: submit all application documents to the KSE Admissions Office by the specified deadline </li></ul><ul><li>Stage 3: successfully pass the KSE General Admission Test (math, economics, & English) and an interview </li></ul>
  17. 17. KSE Admissions Timeline <ul><li>June 27, 2011 Deadline for the submission of the application documents to the KSE Admissions Office (Yakira 13, office 326) </li></ul><ul><li>July 1, 2011 Consultation prior to the KSE General Admission Test </li></ul><ul><li>July 4, 2011 KSE General Admission Test </li></ul><ul><li>July 5-6, 2011 KSE Admission Interviews* </li></ul><ul><li>* Interviews for out-of-Kyiv applicants will be scheduled on the same day as the KSE General Admission Test (July 4) or early the next day (July 5). </li></ul>
  18. 18. KSE General Admission Test Structure <ul><li>KSE General Admission Test (70 points) </li></ul><ul><li>Economics Part Mathematics Part </li></ul><ul><li>(30 points) (30 points) </li></ul><ul><li> English Language Part </li></ul><ul><li> (10 points) </li></ul><ul><li>Interview (30 points) </li></ul>
  19. 19. Preparatory Tools and Guidelines <ul><li>KSE Admission Brochure </li></ul><ul><li>KSE Mathematics Preparatory Sessions </li></ul><ul><li>Session 1: Linear Algebra and Session 2: Calculus </li></ul><ul><li>(Video records are available at the KSE website) </li></ul><ul><li>Session 3: Probability and Math Statistics - Wednesday, May 18. </li></ul><ul><li>One-Day KSE General Admission Test Preparatory Session </li></ul><ul><li>Six to three weeks before the KSE General Admission Test </li></ul>
  20. 20. Contacts for the KSE Admissions Office: <ul><li>Yaroslava Naimushyna </li></ul><ul><li>Head of the Academic Affairs Department </li></ul><ul><li>[email_address] </li></ul><ul><li>Artem Panchenko </li></ul><ul><li>Academic Affairs Specialist </li></ul><ul><li>[email_address] </li></ul><ul><li> </li></ul>
  21. 21. Open Lectures
  22. 22. Guest lectures
  23. 23. KSE Olympiad in Quantitative Economics <ul><li>1 st round: 505 participants </li></ul><ul><ul><li>Minsk (80) </li></ul></ul><ul><ul><li>Dnipropetrovs’k (55) </li></ul></ul><ul><ul><li>Donetsk (55) </li></ul></ul><ul><ul><li>Lviv (58) </li></ul></ul><ul><ul><li>Odessa (31) </li></ul></ul><ul><ul><li>Chisinau (18) </li></ul></ul><ul><ul><li>Kharkiv (71) </li></ul></ul><ul><ul><li>Kyiv (137) </li></ul></ul>
  24. 24. KSE Olympiad in Quantitative Economics <ul><li>2nd round: 70 participants </li></ul><ul><li>12 award winners </li></ul>
  25. 25. Student and teaching Conference
  26. 26. Thank you! Kyiv School of Economics vul. Yakira 13, 3rd floor, office 332, Kyiv 04119, Ukraine Phone: +38 (044) 492–8012 Fax: +38 (044) 492–8011 [email_address]