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. 

Program at a glance:


1 year





September 1, 2017





University of Houston MA in Applied Economics



Globally trained

 Application deadline: August 10, 2017

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:

- Financial Accounting
- Financial Economics: Financial Instruments
- Statistics and Econometrics III
- Financial Institutions and Services
- Business English Language III


Miniterm IV:

- Urban Economics
- Behavioral Economics and Finance
- Corporate Finance
- Project Management
- Professional Interactions

Miniterm V:

- Strategy and Leadership
- Managerial Accounting



Who will teach you?

Associate Professors:

PhD, University of Wisconsin Madison

PhD, University of Michigan

Assistant Professors:


Elena Besedina
PhD, Bocconi University (Italy)

Viktor Khanzhyn
PhD, University of Nebraska (USA)

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

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"

Russell Pittman
Director of Economic Research in the Antitrust
Division of the U.S. Department of Justice (USA)

 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.

* 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:

January 10, 2017

Admission for 2017/18
academic year is open 

April 30, 2017 

Application deadline to get
10% tuition discount

August 10, 2017

Application deadline for
2017/18 academic year

We encourage to apply early as the enrollment might be closed when all places are gone. 

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