Master's program in
Business and Financial Economics

This one-year program is taught exclusively in English by faculty of western Ph.D. economists, professors with MBA degrees, and top business practitioners. The program focuses on fundamental economic and financial knowledge and skills essential for a successful career in data-driven business analysis. This training leads to careers in banks, financial institutions, investment funds, consulting, audit and industry in positions like analysts, consultants and financial specialists. 

Attention! In 2018 the admission starts on May 14. Please check new admission timeline! 

Program at a glance:


1 year





September 1, 2018





University of Houston MA in Applied Economics



Globally trained

 Application deadline: July 26, 2018

What will you get at the end of the program?

Hard skills:


Soft skills:

- Data analysis
- R (programming language)
- Quantitative reasoning
- Financial modelling
- Financial Analysis
- Evidence-based decision making


- Problem solving
- Team work
- Critical thinking
- Time management
- Stress resistance
- Analytical reasoning
- Presentation skills

At the end of the program you will:

be well prepared to make important managerial decisions


be able to apply quantitative tools to formalize and answer business questions


be well equipped for exciting career in business

What will you study?

Miniterm I:

- Macroeconomics I
- Microeconomics I
- Mathematics for Business and Economics I
- Statistics and Econometrics I
- Business English Language I


Miniterm II:

- Macroeconomics II
- Microeconomics II
- Mathematics for Business and Economics II
- Statistics and Econometrics II
- Business English Language II

Miniterm III:

- Corporate Finance/Data Analysis and Visualization in R
- Financial Economics: Financial Instruments
- Statistics and Econometrics III
- International Political Economy
- Business English Language III


Miniterm IV:

- Financial Accounting/Big Data Analysis Workshop
- Behavioral Economics and Finance
- Project Management

Miniterm V:

- Strategy and Leadership
- Managerial Accounting/Big Data in Python
- Business English Language IV



Who will teach you?

Associate Professors:

PhD, University of Wisconsin Madison

PhD, University of Michigan

Assistant Professors:


Elena Besedina
PhD, Bocconi University (Italy)

Olga Kupets
PhD, Institute of Demography and Social Studies (Ukraine)

Oleg Nivievskyi
PhD, Georg August
University (Germany)

Maksym Obrizan
PhD, University of Iowa

Volodymyr Vakhitov
PhD, University of Kentucky

Hanna Vakhitova
PhD, University of Kentucky

Olesia Verchenko
PhD, University of Virginia

Business Faculty:

PhD, State University
"Lviv Polytechnic"

Simone Raudino
PhD, The University
of Hong Kong

Oleksiy Sobolev
Project Leader at

 Tuition fee

The tuition fee paid by a student is €3,000 per year*. Payments are done in five instalments during the academic year. 

Students who would also wish to receive the University of Houston MA Degree in Applied Economics upon their graduation from the Program will also need to cover the UH fee for this degree – €1500 (to receive the University of Houston diploma a student must fulfil the academic requirements: the GPA of the bachelor diploma and the UH blocks must be B or higher).

* The full cost of providing education at the KSE MA Program in Business and Financial Economics is €10,000 a year, students of the program automatically receive a scholarship in the amount of €7,000 which is funded by the KSE donors.

 Financial support

  • 10% tuition discount for early applications
    Submit documents till April 30 and get 10% discount. 

  • Deferred tuition
    Kyiv School of Economics gives an opportunity to defer payment in case of a strong financial need.
    Deferral of tuition payments is a special kind of financial support that allows students to postpone payment of the KSE tuition. Student can submit request for the deferral after the first miniterm of study at KSE. 

  • 30% tuition waiver
    Students with high academic performance (GPA of 3.67 of higher) are awarded partial tuition waiver (30%) for the next miniterm. 

Admission timeline:

May 14-31, 2018

Additional professional exam in Economics (for applicants with non-economics degree)

July 2-26, 2018 

Documents submission

July 11, 2018

General English test (registration is open till June 5)

July 2-29, 2018

Admission exam in Economics (interview)

For futher information regarding Master's Programs please contact:

Natalia Zaika

Head of the Academic Affairs Department
067 434 7168


Vitalii Zaiets

Academic Affairs Coordinator
067 434 7163

+38 067 434 7163