Finance, Banking, Insurance and the Stock Market

Finance, Banking, Insurance and the Stock Market: A Comprehensive Economic Education

The entire system of economic and financial institutions, along with government regulatory bodies, requires qualified professionals with a high level of general economic education and specialized knowledge in finance, corporate management, economic calculations, banking, and the ability to use modern information technologies. Graduates of the educational and professional program “Finance, Banking, Insurance, and the Stock Market” within the specialty of the same name are precisely such professionals.

Career Opportunities by Sector

In the Financial Sector

Graduates are prepared to work in various areas of economic activity, including:

• Financial intermediation
• Insurance
• Banking management
• Tax supervision and administration
• Organization of financial departments within enterprises and institutions of all forms of ownership
• Management of holdings, trusts, and funds
• Financial leasing
• Management of financial markets
• Real estate operations
• Public administration

They are engaged in financial activities within the framework of market relations.

In the Banking Sector

Graduates are able to:

• Record and analyze banking operations
• Conduct financial settlements and prepare reports for commercial banks, credit institutions, and other financial organizations
• Perform deposit operations and other activities involving the attraction of financial resources
• Process loans and monitor their usage and repayment
• Carry out factoring, leasing, securities, and foreign exchange transactions

In the Insurance Sector

Professionals in this field:

• Carry out various types of insurance activities
• Manage and service insurance contracts
• Record and analyze the performance of insurance companies
• Ensure solvency compliance
• Develop long-term and short-term financial plans
• Create financial strategies based on the financial condition of insurers
• Form and diversify investment portfolios
• Perform reinsurance operations
• Monitor insurance rate adequacy and develop proposals for their adjustment

In the Stock Market Sector

Graduates are equipped to:

• Provide consulting services on the stock market
• Manage financial investment portfolios
• Operate in digital financial markets involving securities such as stocks, bonds, and bills of exchange

For example:

• If you buy and sell securities, you are an investor.
• If you issue securities for sale, you are an issuer — typically an enterprise seeking investment.

Core Disciplines of Professional Training

• Finance
• Money and Credit
• Banking Operations
• Insurance Services
• Stock Market
• Tax System
• Budget System
• Accounting and Reporting in Financial Institutions
• Accounting
• Corporate Finance
• Information Systems and Technologies in Financial Institutions

Job Titles for Junior Bachelor's Degree Graduates

• Dealer
• Broker
• Insurance Agent
• Inspector for Cash Collection and Transportation
• Credit Inspector
• Currency Exchange Inspector
• Audit Inspector
• Auditor
• Inventory Inspector
• Tax Service Inspector
• Price Control Inspector
• Tax Auditor-Inspector
• Finance and Trade Specialist
• Other Financial and Trade Professionals
• Other Technical Specialists in Management

Potential Employment Opportunities

Graduates of the “Finance, Banking, Insurance, and the Stock Market” program can work in:

• Financial departments of administrative bodies
• State planning agencies and local self-government authorities
• Public, joint, and private enterprises across various sectors of the economy
• Banking institutions
• State Treasury
• Insurance companies
• Customs service
• Tax inspection
• Consulting firms
• HR planning and coordination departments
• Trade and intermediary firms
• Economic departments of state and industrial enterprises
• Research and design institutions