by Umid Aliev, Deputy-dean on Postgraduate Studies and Executive Education
The history of postgraduate education at WIUT started in 2006, when we opened the first Master’s degree program in International Business Management. Today, in addition to the program in international business, we have Master's programs in Applied Economics and International Commercial Law.
What are these programs prepare for – career paths?
The curriculum in each program is designed to offer opportunities for systematic study, and each aims to prepare broad-minded specialists that will be highly demanded both in Uzbekistan and internationally.
Master’s program in Applied Economics is for students who wish to build a career as an economic analyst and to work for international organisations (e.g. UN organisations, World Bank, ADB, etc,) private businesses (e.g. investment banks, consulting companies), or government organisations (e.g. ministries). Students develop ability to understand contemporary economic problems, to apply advanced knowledge and techniques, to analyse public policy and its impact on businesses as well as to communicate relevant analysis and advice to policymakers and business leaders. They can discuss such topics as boosting an economic growth in a particular country, entering a particular market, examining impacts of the changes in business environment and etc. Students are equipped with analytical tools and techniques that enable them to get further insights into the issues. For instance, we know that reducing taxes should improve the economy by boosting spending. The question is if it happens on a permanent basis or only under certain conditions. By what percentage points should be reduction in taxes? In case we reduce tax rate to 2 percentage points on income, will it lead to higher growth and will it improve the economy by boosted spending? Will it grow by 2%, 5%, or 25%? The graduates of this program will be able to answer these sort of questions. Answering such questions requires data analysis at professional level undertaken on such software packages as Stata or Eviews. At the moment this course is the only one in Uzbekistan offering professional training on these programs, although nowadays knowing how to work on these packages has become a standard requirement for such specialists.
Master’s degree program in International Commercial Law aims to provide students with a deep, systematic and structured knowledge of the general framework within which international commercial law operates. The programme equips students for the "practice of law" in a specialised area subject to any necessary professional requirements. Graduates are employed in professional legal practice, banking and finance, insurance, transport, shipping, management, in-house legal work, import and export, insolvency practice, dispute resolution, consultancy, the public sector, legal and professional training, the diplomatic service, international organisations, national governmental organisations and academia. Key disciplines covered in the program are international taxation law, international trade law, legal aspects of e-commerce, international commercial arbitration, foreign direct investment arbitration, international project finance law, and others.
Master’s degree program in International Business Management focuses on a range of business management disciplines such as strategic and operations management, human resources management, marketing, finance, and data analytics. Being themed ‘internationally’ students are given the opportunity to study global manufacturers and international brands in order to experience business practices and cultures. The course also helps students to build up critical thinking skills, presentation, negotiation and communication skills, sound decision making and evidence based problem solving skills, all of which are desirable for effective business personnel and leaders in a fast changing global business context.
Teaching at WIUT
All classes start at 18.30 for the convenience of those students who combine their studies with full-time jobs. Usually it takes two academic years to complete a program, but Master’s degree program in International Business Management and Applied Economics can be completed within one academic year if a student is enrolled into a full-time mode.
All classes are delivered by professional lecturers with substantial work experience both in education and in industry and who also actively publish their articles in leading international academic journals. We also arrange external speakers and business practitioners to come in to give special lectures and seminars about contemporary issues, such as latest advances in econometric analysis, digital entrepreneurship, sustainable marketing and globalisation.
All our programs are fully validated by the University of Westminster in London, and that implies that all our students are simultaneously students of the University of Westminster and the degrees and diploma documents are issued by the University of Westminster. It means whether you study at Tashkent or London you receive exactly the same qualification.
Every program has an English language requirement for those applicants whose first degree was not taught and assessed in English. Such applicants are required to have a minimum IELTS score of 6.5 (including 6.0 in writing) or equivalent.
Depending on its nature each program has its requirement to the applicant’s prior experience. For example, of for Applied Economics there is a requirement that an applicant has the first degree in Economics, Mathematics, or Statistics. International Commercial Law requires the first degree in law area or prior work experience in it. International Business and Management has a very detailed requirement that applicants must have at least 12 months of full-time paid work experience or equivalent on the date of enrolment.
There are also minimum age requirements. In particular, on the day of enrolment (18.09.2017), an applicant must be at least 22 years old for International Business Management and 23 for International Commercial Law. Applied Economics does not have a minimum age requirement.
The application to start from September 2017 can be submitted via our web-site, www.wiut.uz, till the 30th of August.