Economics

The Bachelor’s degree program in “Economics” (Field of Study 580100) at Osh Technological University named after M.M. Adyshev (OshTU) offers a comprehensive education designed to produce highly qualified and competitive economists. Developed in line with the State Educational Standard of Higher Professional Education and the needs of employers, students, and society, this program focuses on core areas such as Accounting, Auditing, Bank Activity Analysis, and Statistics. Graduates acquire practical skills in economic and financial management, enabling them to excel in both national and international contexts.

Specializations

1. Accounting

• Mastery of various accounting systems and financial reporting standards
• Expertise in cost accounting, tax accounting, and financial analysis

1. Audit

• In-depth understanding of internal and external auditing practices
• Capacity to conduct thorough checks of financial statements, assess organizational risk, and ensure regulatory compliance

1. Bank Activity Analysis

• Focus on evaluating banking operations, credit risk, and financial market dynamics
• Skills in developing recommendations for improving banking products and services

1. Statistics

• Application of statistical methods for data collection, analysis, and interpretation
• Proficiency in econometric and quantitative research tools to support informed decision-making

Alignment with National Standards

This program adheres to the State Educational Standard for the field of study 580100 “Economics,” as stipulated by the Ministry of Education and Science of the Kyrgyz Republic (Order No. 1578/1 dated September 21, 2021). It also complies with relevant laws, including the Law “On Education” of the Kyrgyz Republic. Upon successful completion of the final state examination, graduates are conferred the qualification of “Bachelor”.

Structure and Duration

Duration of Study

·         Full-Time: 4 years

·         Part-Time (with Distance Learning): 5 years

Workload: 240 credits, covering lectures, hands-on practice, internships, and continuous assessments.

Educational Principles

1. Two-Level System

Students gain theoretical knowledge and apply it through practice-oriented coursework.

1. Practice-Oriented Learning

Participation in case studies, simulations, real-world financial and economic projects.

1. ECTS Credit Framework

The European Credit Transfer and Accumulation System provides transparency and flexibility for course selection and academic mobility.

1. International Collaboration

Cooperative programs with institutions like the Ural State University of Economics (Russia) expand networking and research opportunities.

Career Outlook and Core Competencies

Graduates of the Economics program acquire a well-rounded skill set, preparing them for roles such as accountants, auditors, bank analysts, statisticians, and financial managers. Key competences include:

• Financial Analysis and Accounting: Mastery of accounting principles, reporting standards, and cost management.
• Auditing and Compliance: Thorough understanding of risk management, internal and external auditing procedures, and regulatory frameworks.
• Banking and Statistical Analysis: Ability to evaluate banking operations, perform statistical data analysis, and provide insightful recommendations.
• Research and Strategy: Proficiency in data-driven solutions for complex economic challenges, policy formulation, and market forecasts.
• Leadership and Teamwork: Effective communication, negotiation, and project coordination skills for a competitive edge in professional settings.

With a focus on specialized knowledge in accounting, auditing, banking, and statistics, this program equips graduates to excel in various economic and financial roles within private, public, and international organizations. The demand for competent professionals in these areas remains high, reflecting the program’s practical orientation and strong emphasis on industry-relevant skills.