MASTER DEGREE IN APPLIED ECONOMICS

Master degree programme in Applied Economics (MAE) - 8.000011 was accredited and licensed in Ukraine in 2005 (license АВ №122256 from 06.06.2005). This is an open Master degree in Economics.
Training of students is carried out by Economic Cybernetics and Applied Economics chair of V.N. Karazin Kharkiv National university.

The aim of MAE educational programme is to form a specialist, ready to analyze complex problems and find efficient decisions within different subject spheres of modern economy. Graduating Master students become universal specialists due to the knowledge of not only economics but of mathematical methods, system approach, simulation and modelling technique.

MAE program was developed by the leading professors of six Ukrainian universities together with the professors of two Greek and one British university. The program structure was defined in the course of the International project TACIS TEMPUS CD_JEP-21135-2000 "New Economic Master Degree for the Universities of Ukraine", approved by the Ministry of Science and Education of Ukraine. Program structure and its content correspond to "Applied Economics" Master degree, proposed by European universities.

Term of studying is 1,5 years. MAE program provides advanced fundamental, humanitarian, socio-economic, pedagogical, theoretical and practical training.

GENERAL STRUCTURE OF THE PROGRAM

Obligatory components:

• Methodology of Research of Socio-Economic Processes
• Global Problems of the Day
• Modern Economic Theories
• Taxes and Tax Policy
• Modelling of economy
• Simulation (System Dynamics)
• Applied econometrics I, II
• Educational practice
• Pre-diploma practice
• Master thesis

• Financial markets / Financial management
• Economic Law / Intellectual Property
• World Economy and Globalization / National Economy in the Context of European Integration
• Economic Risk and Methods of its Measurement / Risk Management
• Project Management / Project Analysis
• Actuarial calculations /Financial mathematics
• Discrete Simulation / Queuing Theory
• Intelligent Data Analysis Systems / Neural Network Modelling
• E-commerce / E-marketing

Within each discipline there are control works and/or computational tasks.

In the third semester Master students have to pass a complex degree exam and defend their master graduation works.
Studying and assessment procedures are based on European Credit Transfer System. Academic staff, taking part in MAE program has passed a probation period in Greek and British universities. All the disciplines are provided with modern manuals and software.

The growing intake of Master students gives evidence that MAE program is competitive and is in demand, especially by those who need the second economic specialty, aimed at managing of quantitative methods of analysis and economic modelling. Mixture of fundamental knowledge in economics, mathematics and computer sciences broaden the possibilities of job placement. Masters in Applied Economics work successfully in different spheres of economy: on enterprises, banks, firms, consulting companies, state and municipal authorities etc. Qualification of "economist-analyst" permits our graduates to occupy leading positions at enterprises and organizations and fulfil analytical work, using computer and information technologies.

Contacts: cyber.khnu@gmail.com