Finance, Banking and Insurance
3.072.00.00 Finance, Banking and Insurance
Qualification awarded: Master in finance, banking, insurance and stock market
Entry year: 2024
Mode of study: full
Program duration: 1 year 9 months
Institute: Institute of Economics and Management
Number of credits: 120 ECTS credits
Level of qualification according to the National Qualification Framework and the European Qualifications Framework: NQF Level 7 (Second cycle of QF-EHEA / EQF Level 7)
Field(s) of study: Management and Administration
Specific admission requirements: Excluded
Specific arrangements for recognition of prior learning: Provided that the previous level was obtained in another country, nostrification is required, which is carried out by the Lviv Polytechnic.
Qualification requirements and regulations, including graduation requirements: Total fulfillment of the curriculum and defense of master’s degree qualification work.
Characteristics of the educational program: Emphasis is placed on training professionals for
professional lines that take into account research and
universal professional knowledge and skills of integrative solution
tasks of innovative corporate finance management,
public finance, finance
banking institutions and insurance companies, taking into account the requirements
dynamic environment in national and international markets
Програмні результати навчання: To use the fundamental laws of finance, banking and insurance in combination with research and management tools for professional and scientific activities.
To know at the level of the latest achievements the basic concepts and methodologies of scientific knowledge in the field of finance, banking and insurance.
To adapt and modify existing scientific approaches and methods to specific professional situations.
To search, process, systematise and analyse information needed to solve professional and scientific problems in the field of finance, banking and insurance.
To apply conceptual knowledge of the research methodology in financial relations of enterprises, organisations and institutions.
To choose methods of adaptation and directions for use of international standards and norms in the practical activity of a professional in the field of finance.
To select and apply theoretical and applied methods and models of crisis management in the field of finance, banking and insurance.
To develop banks’ strategies in financial markets, to design banking products and services, to manage banking risks taking into account the requirements of the European certificate of banking.
To take into account the impact of the situation on international financial markets when planning the structure of capital and financial investment portfolio.
Conceptual knowledge acquired in the process of learning and professional activity, including certain knowledge of modern achievements.
To apply conceptual knowledge of the research methodology in financial relations for enterprises, organisations and institutions.
To solve ethical dilemmas based on law, ethical principles and universal values.
To apply and manage innovative approaches in finance, banking and insurance.
To apply management skills in finance, banking and insurance.
To carry out diagnostics and modeling of financial activity of business entities.
To apply in-depth knowledge in the field of financial, banking and insurance management for decision making.
To justify management decisions in the field of finance, banking and insurance and evaluate their effectiveness taking into account the objectives, existing restrictions, legal and ethical aspects.
To present the results of own research, in particular, by preparing scientific publications and presentations at scientific events.
Critical understanding of basic theories, principles, methods and concepts in studying and professional activities.
Solving complex unforeseen tasks and problems in specialised areas of professional activity and / or studying, which involves the collection and interpretation of information (data), the choice of methods and tools and the application of innovative approaches.
To communicate fluently in a foreign language orally and in writing on professional and scientific issues, to present and discuss research results.
To present the results of research orally and in writing, to participate in professional discussions.
Communicating information, ideas, problems, solutions and personal experience in the field of professional activity to specialists and non-specialists.
Ability to effectively form a communication strategy.
Management of complex actions or projects, responsibility for decision-making in unpredictable conditions.
Responsibility for the professional development of individuals and / or groups of individuals.
Ability to further study with a high level of autonomy.
Academic mobility: Absent but mobility is encouraged and recognized according to procedures of ECTS
Work placement(s): Practice on the topic of master's work
Programme director: Sc.D., Prof. Bondarchuk M. K. [Mariia.K.Bondarchuk@lpnu.ua]
Occupational profiles of graduates: Graduates of the master's program have employment opportunities in financial institutions, enterprises of various forms of ownership, in state and municipal financial management bodies in positions with professional functions in one or more of the economic activities: financial intermediation, insurance; banking, activities in the field of accounting, business and management; activities in the field of state and municipal administration; supervision in the field of budgeting and taxation, management at the level of districts, cities, inner-city districts, territorial communities. Positions according to DK 003: 2010: 1461. Managers (managers) in the field of monetary intermediation; 1462. Managers (managers) in the field of financial leasing; 1463. Managers (managers) in the field of lending; 1465. Managers (managers) in the field of life insurance and savings; 1466. Managers (managers) in the field of pension insurance; 1467. Managers (managers) in support activities in the field of finance; 1468. Managers (managers) in ancillary activities in the field of insurance; 1469. Managers (managers) in other types of financial intermediation; 2414. Professionals on the financial and economic security of enterprises, institutions, and organizations; 2413. Professionals working with securities; 2419.3. Professionals of civil service and local self-government.
Access to further studies: Obtaining third (educational and scientific / educational and creative) level
Other program features: The program covers a wide range of modern innovative vectors of theory and practice of finance, banking and insurance, which forms specialized conceptual knowledge and management skills based on a scientific approach with knowledge transfer, which are complex, unpredictable and require new strategies. Practical orientation is manifested in the presence of laboratory work, mandatory individual applied tasks in the implementation of course projects and the requirements for qualification work.
The scientific component of training is provided by scientific advice of scientific and pedagogical staff of the Department of Applicants within: the work of the student scientific group (preparation for writing and publishing scientific articles in domestic and international publications, speeches at scientific conferences, competitions, competitions conducted by employers etc); implementation of research work of the Department of Finance of Lviv Polytechnic; within the framework of cooperation with the National Academy of Sciences of Ukraine, the Academy of Economic Sciences of Ukraine, the National Academy of Sciences of Higher Education of Ukraine, the Association for Promotion of Education and Science Globalization.
Academic integrity is a priority in the education of higher education students of Lviv Polytechnic. Student-oriented, problem-oriented learning, initiative self-study. Use of interactive methods, professional situational modeling, project - oriented learning and principles of liberal arts and science education in the educational process. There is an opportunity to participate in international academic mobility. At the choice of applicants, some educational components are taught in a foreign (English) language.