Ukrainian Academy of Banking of the National Bank of Ukraine


Ukrainian Academy of Banking of the National Bank of Ukraine is a state-owned higher educational institution within the system of the National Bank of Ukraine of the IVth level of accreditation. It is located in the city of Sumy, in the north-eastern part of Ukraine.
The academy offers degrees in economics and law.

History

The Ukrainian Academy of Banking was founded on February 12, 1996 according to the decree of the Cabinet of Ministers of Ukraine. With the support of the National Bank of Ukraine and its Board, the academy created a material and technical base of the European type for the training of students: three educational buildings with a total area of 35,000 sq.m. It includes two fully renovated historical buildings for the Law Faculty, Faculty of Banking Technologies and the main building. The academy's telecommunication systems and network technologies include computer equipment, software and hardware, electronic turnstile gates, new telephone communication systems, an open Wi-Fi network and other projects.

Academy’s logo

In the center of the academy's logo is the Hryvnia. The Hryvnia is surrounded by 4 letters "УАБС" - a Ukrainian abbreviation of "the Ukrainian Academy of Banking". At the top of the logo is a coat of arms of the town Sumy in the form of three bags. At the bottom of the logo is the year of the academy's foundation - 1996. On both sides of the logo there are Griffins - mythical winged creatures with the body of a lion, who are supposed to search, find and protect treasures. The logo of the National Bank of Ukraine also has the Hryvnia surrounded by Griffins. Thus, the academy is a treasure of the town Sumy, which is under the auspices of the National Bank of Ukraine.

Faculties, departments and structural subdivisions

The structure of the Ukrainian Academy of Banking includes three faculties:
Each faculty trains specialists according to a degree system of education: bachelor, specialist and master degrees. Such system contributes to the effective training of modern banking specialists and ensures the continuity and quality of education.
The training is conducted by 14 departments: Banking, Finance, Accounting and Audit, Management, Theoretical and Applied Economics, Economic Cybernetics, Higher Mathematics and Computer Science, International Economics, State Law, Civil and Banking Law, Criminal Law, Humanities, Foreign Languages, Physical Training.
The educational process is organized with the use of modern educational technologies. They include practical training at the bank "AkademBank", the specialized class-room of dealing operations, the training company, internet center, Networking Academy CISCO, etc.
The academy has corresponding structural subdivisions, which ensure its educational, scientific, organizational, cultural and educational activities.
In 2009 was opened the Scientific Library of the Ukrainian Academy of Banking. Its area is 8,030 sq.m. The academy's library is a multifunctional educational, informational, scientific and socio-cultural center, with a stock 145 thousand copies. Its users have 200 seats and 140 automated workstations. The library has implemented modern radio-frequency technologies for customer servicing. The Polish- Ukrainian Сenter and the European Union Information Center function on the basis of the library.
The academy has its own medical center, with 11 doctors, physiotherapy, massage, diagnostic and infusion suites, as well as the rooms of functional and ultrasound diagnostics, a therapeutic swimming pool and a medical laboratory. There are first-aid medical centers at the hostels and educational buildings for students and staff.
The academy's sports and recreation complex includes a Universal Athletics Center with a total area of 11586 sq.m., which by the Decree of the Cabinet of Ministers of Ukraine was granted the status of an Olympic training center, and an "Olympic" Hotel. There are 11 gyms, a swimming pool, tennis court and specialized sports grounds.
Students from other towns are provided with three hostels, all of which are linked to the Intranet. Each educational building and hostel has functioning canteens and buffets, gyms and sports facilities. For students’ recreation there is a Students' Park.
The academy has its own information and publishing department, which publishes scientific conference reports, monographs, educational textbooks and manuals.

Student life

The life of the academy's students is filled with scientific, cultural and sport events.
The Ukrainian Academy of Banking has a youth scientific sector and 29 research circles functioning at the departments. All-Ukrainian scientific student conference "Problems and development prospects of Ukraine's financial system: a look into the future" is annually held the academy. Students win prizes in the national competitions and conferences; receive scholarships from the National Bank of Ukraine, the Cabinet of Ministers of Ukraine, and the Sumy Oblast State Administration.
The academy has student clubs, in which young journalists get involved in the publication of the student newspaper "AkadeMix" and the activities of the student TV studio "Zachet TV", while poets meet in the literary club "Waves of words". Students take part in the activities of the volunteers club, dramatic actors perfect their skills in the theatrical studio "Kurazh". Very popular among students is a club of intellectual games, debating society “Dumka”, student Team of the Funny and Inventive "Cartouche" and other creative associations.
A student self-government committee and a student union organization have become a real school of leaders.
The academy offers opportunities for students’ self-realization in sport: a professional athletics arena, 11 gyms, a modern swimming pool, tennis courts, sports grounds, sports club of "Volodymyr Holubnychy", women's futsal team of the Ukrainian Academy of Banking, and 20 sport clubs. On a regular basis the academy organizes competitions for the "Cup of the Rector of the Ukrainian Academy of Banking" in different kinds of sports: mini-football, basketball, volleyball, handball, table tennis, bench press, swimming and others. Among the academy's students there are many sports stars – champions of the World, Europe and Ukraine, champions of the World Student Games, winners of other prestigious competitions, including:
Polina Rodionova - archer, world champion in archery, silver medalist of the World Indoor Archery Cup, Champion of Europe ;
Vita Semerenko - biathlon bronze medalist of the XXII Olympic Winter Games in Sochi, five-time winner of the World Championships in biathlon, the World Cup winner, five-time European champion in biathlon, participant of the 2010 Olympic Games in Vancouver;
Yevhen Hutsol – track and field athlete, participant of the World Championship in track and field athletics, where he set a new national record of Ukraine.

Achievements and awards

According to the rating of the Academy of Sciences and Higher Education of Ukraine the Ukrainian Academy of Banking is among the top ten of the country's economic universities. According to the rating of universities the academy is included in the list of top 200 universities in Ukraine as evidenced by its awards:
Scientific activity of the academy is determined by the priorities of the National Bank of Ukraine.
The academy publishes several professional journals in economics and philosophy approved by the Higher Attestation Commission of Ukraine:
Every year the academy organizes scientific and practical conferences, which have become traditional:
There is a specialized academic council for the evaluation of candidate and doctor's dissertations in the speciality 08.00.08 – money, finance and credit.
Since 2011 the academy has a functioning Scientific and Methodological Seminar of Young Scientists "Application of mathematical methods in the study of economic problems".
The academy has a "Scientific centre of initiative youth", which contributes to the development and realization of students’ scientific interests and their creative abilities.
Electronic scientific journal is published twice a year in 4 series: "Legal sciences", "Economics", "Humanities" and "Special issues".
Since 2012 the academy has been promoting the activities of the — a youth organization that brings together students, young lecturers and scientists of the academy.

Academy’s international ratings

  1. "Investment Management and Financial Innovations";
  2. "Problems and Perspectives in Management";
  3. "Corporate Ownership and Control";
  4. "Corporate Board: role, duties and composition".
  1. "Corporate Ownership and Control";
  2. "Corporate Board: role, duties and composition";
  3. "Risk Governance and Control: Financial Markets&Institutions";
  4. "Journal of Governance and Regulation".
The academy cooperates with more than 40 educational institutions abroad specializing in economics, finance, banking and management, in particular, with the University of Applied Sciences of the Deutsche Bundesbank, the Poznan School of Banking, Olsztyn University of Computer Science and Economics, the Banking Institute of Prague, the School of Business and Economics of the Linnaeus University, Heilbronn University, Moscow Banking School of the Bank of Russia, International Training Center for Bankers, Belgrade Banking Academy, Forum for company Law and Financial Market Law research centre at the University of Copenhagen Law Faculty, Belarusian State Economic University, Financial University with the Government of the Russian Federation, St.-Petersburg State University of Economics and Finance, the National Research University “Higher School of Economics”, etc.
There are two international research centers functioning at the academy:
"International Centre for Banking and Corporate Governance", headed by the Doctor of Economic Sciences, Professor of the Department of International Economics Alex Kostyuk. The Center consists of 63 scholars from 26 countries, 7 post-graduate students and the best students of the academy.
The Centre has implemented the following international scientific and educational projects of the academy:
"International Center for scientific research of the theory and practice of insurance", headed by the Doctor of Economic Sciences, Professor Olga Kozmenko.
The result of the work of the center's authors is a scientific articles, monographs, textbooks, including: