Кафедра фінансів НаУКМА - Ph. D. Program

Current Issues of Public Finance

2011-05-30T09:53:30+00:00

The course of Public Finance is oriented on introducing doctoral students to the functioning of public finance of democratic society. Such problems are presented: theoretical basics of financial activity of state and its institutions; rules of making country-level decisions; analysis of costs of bureaucracy upkeep; efficiency of governmental sector activities; financial problems of ecological policy; efficiency of budgetary redistribution processes etc.

Money Theory and Monetary Policy

2016-05-23T15:03:45+00:00

Teaches: Gluschenko Svitlana

The course aim is to form the special knowledge in the Central bank work organization, monetary policy realization, ability to perform operations connected to loans, payments, investment and definitions of the main moneraty policy principles in a short and long run periods. The course provides an overview of the recent theoretical development in the field of monetary policy and the modern macroeconomic models. Thecourse includes the theoretical issues of the monetary policy, examples of successful use of the monetary instruments in developed countries with respect to empirical achievements in this field.

Economic Growth and Development

2011-05-30T10:04:23+00:00

Teaches: Horbachuk Vasyl

The course presents an introduction to the core theoretical models of economic growth and regional integration as well as some of the related empirical literature.

The course is composed of two parts: (1) lectures on economic growth and regional integration; (2) seminars (tutorials) introducing the use of the statistical software and presenting some examples of how this software can be used in applied research in the field of economic growth and regional integration.

Corporate Finance

2011-05-30T09:54:34+00:00

Teaches: Bazilinska Olena

The course is based on the mastering of approaches to making important corporate decisions, their design, analysis, and management according to the developed financial strategy. The course should allow students to learn all major parts of theoretical and empirical research in the sphere of corporate finance. The main accents are made on the multivariate nature of corporation activities, decision-making by financial managers, and applying theoretical facts and empirical skills in order to analyse and forecast.

Decision Making Models in Economics and Finance

2016-05-27T12:35:42+00:00

Teaches: Onischenko Andriy

The aim of the course is to teach the methodological aspects of decision making models in economics and finance. A specific goal of the course is to explain the possible methods of the risk and uncertainty implementation into models of various types with their further evaluation and determination of the optimal decisions even without sertain information. The course also provides insights into the models sensitivity analysis and obtained results interpretation.

PhD Research Colloquium

2016-05-27T12:38:56+00:00

Teaches: Lukianenko Iryna

PhD research colloquium aims at the development of the independent research performance skills, ability to clearly determine the relevance, purpose and objectives of the investigation, and presentation skills. This course creates a favorable environment for the structure of the research formation, identification of the suitable methods of its realization and performance of the professional literature review in the field.

Advanced Econometrics

2011-05-30T10:03:58+00:00

Teaches: Lukianenko Iryna

The course is dedicated to mastering the skills of econometric modelling with the help of the modern software. On the specific examples, students are introduced to using VECM, Logit, Probit, Panel Data, System of Simultanious Equations techniques to test economic relationships and model complex economic systems. The course allows to understand in practice the statistical principles in economics and finance.

Advanced System Dynamics

2016-05-23T14:59:21+00:00

Teaches: Ivakhnenkov Serhiy

The aim of the course is to deepen and broaden the skills of the complex economic and financial systems modeling using system dynamics method. During the course, the simulation models and special programs are used to study various aspects of the behavior of the complex economic and financial systems at the macro and microeconomic levels. On the base of the developed models the policies will be analyzed to define the effective strategies of the system improvement. With modern software iThink studens learn to use quantitative and qualitative data to develop and test models that can be used for a wide range of research and discussion of the topical issues and to ensure effective organization of economic and financial relations on the micro and macro level.

Advanced Behavioral Finance

2011-05-30T10:02:26+00:00

Teaches: Semko Roman

The course is dedicated to analysing the behavioural peculiarities of investors and financial managers when they make investment decisions. The classification of irrational traits of behaviour of different types of investors, which can affect the inequitable pricing on stock market — bubbles, is presented. Students are introduced to the key models of behavioural finance and are encouraged to use them on the Ukrainian real estate market.

Macroeconomic Processes Forecasting

2016-05-27T12:34:26+00:00

Teaches: Shumska Svitlana

The aim of the course is to master fundamental theoretical knowledge and practical skills that are needed for a deep understanding of the processes occurring in the economy at the macro level, and creation of the adequate macroeconomic models with a high quality forecasts.

Stochastic Financial Mathematics

2011-05-30T09:56:31+00:00

Teaches: Shportyuk Volodymyr

In the present course doctoral students are introduced to the main theoretical instruments of a financial analytic: objective and risk-neutral probabilities, random walk of market characteristics (geometrical Brownian motion), martingale processes, construction of Ito integral, multi-dimensional stochastic processes, stochastic differential equations, Kolmogorov equations, theories of valuating European, American, and exotic options, Black-Scholes and Merton models, calibration models of Cox–Ingersoll–Ross and Brace Gatarek Musiela etc. The place of stochastic calculus in the work of a financial analytic is the same as the differential calculus does in the work of a qualified engineer.

Portfolio Management

2011-05-30T09:57:34+00:00

Teaches: Mertens Oleksandr

The aim of the present course is to introduce students to the technical side of developing the optimal strategy of an investor’s behaviour on the bond market. The theory of bond portfolio is quite advanced and requires a bond-manager to know wide set of financial disciplines. The course allows students to practically implement the current trading strategies, as well as demonstrate original methods of playing on the obligation market.

Financial Budget Planning

2016-05-27T12:29:33+00:00

Teaches: Zvarych Olga

The aim of the course is to master the fundamental knowledge of the budget process. This includes the skills of practical estimation of the budgetary institutions' revenue and expenditure, planing of the budgetary funds, identification of the rational ways of the budget funds realocation, and ability to define the effective usage of the available resources in budgetary institutions.

Financial Intermediation

2016-05-23T14:49:04+00:00

Teaches: Primierova Olena

The purpose of the course is to master the knowledge of the theoretical and practical aspects of the financial management through the financial intermediaries and financial analysis services. The subject of discipline is the relationship arising from the movement of financial resources between the state, corporations and individuals that are mediated by specialized financial institutions.

Financial Risk Management

2011-05-30T10:05:05+00:00

Teaches: Kaminskyy Andriy

Today, the analysis, valuation, and modelling of financial risks is one of the most important aspects of operations of every financial institution. The course introduces doctoral students to the contemporary approaches to identification and analysis of risks, estimation of their value and probability. The main mathematical methods and models of different types of risks and methods of managing risks are explored.

Qualitative and Quantitative Research Methods in Finance

2016-05-27T12:26:20+00:00

Teaches: Ivakhnenkov Sergiy

The course is devoted to the study of general methodological aspects of research in finance, in particular those that are based on the positivistic and interpretivistic approaches and paradigms of modern scientific knowledge. The problems of basic financial tenets, theories, models, principles, standards and hypotheses are studied. The application of the qualitative and quantitative research methods in finance are revealed, including setting up experiments, hermeneutics, analyzing business situations, statistical methods, observations, surveys, interviews etc.. Acquired during the course knowledge allow fot mastering the methodology of scientific research of modern European and American standards of the third level education and preparation of the high quality dissertation project at the end of the course.