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May 2010
The Kyiv School of Economics (KSE) founded by the Economics Education and Research Consortium (EERC, www.eerc.kiev.ua) and the Victor Pinchuk Foundation (www.pinchukfund.org) is a world-class institution with support from international and local donors. It is an internationally recognized Centre of Excellence that ranks with the best schools in Central and Eastern Europe, is competitive on the world market, in both economic education and research, and produces the future generation of economists in Ukraine and the neighbouring countries.
The Kyiv School of Economics offers an internationally recognized two-year, full time English language Master’s Program with focus on Economic Analysis and Financial Economics. The program is taught by international and Western-trained Ukrainian faculty with a strong research background. The program curriculum is modelled on the best economic and financial economics graduate programs in North America and Western Europe. Students are provided with an unrivalled access to the world economics literature and various informational resources.
CONTENTS
KSE Open Lectures
On a regular basis, KSE brings to Ukraine well-known economists to give the Open Lectures. The goal of the events is to enlarge economic knowledge among students, policy-makers and media. This is a list of recent Open Lectures:
May 11, 2010: Open Lecture by Charles W. Calomiris, Columbia University Graduate School of Business. Prof. Calomiris on financial crises in emerging markets, their causes, propagation, and policy responses.
April 26, 2010: Open Lecture by Jan Svejnar, University of Michigan on social insurance reforms and labor markets in Central and East Europe.
April 12, 2010: Open Lecture by Daniel L. Rubinfeld, University of California, Berkeley, School of Law, on the markets for on-line markets for advertising (with an emphasis on the growth and success of Google).
February 25, 2010: Open Lecture by Dr. Thierry Post, Cass Business School Lecture on “Deal or No Deal? Decision Making Under Risk in a Large-Payoff Game Show” with financial support from “Slavutich”, Carlsberg Group.
If you are interested to participate in KSE Open Lectures please click here or register at www.kse.org.ua.
Business Presentations at KSE
We regularly invite companies to give presentations to KSE students on topics in which their company has relevant experience. Such lectures bring 'real life' examples and experience to the KSE classroom.
So far, the following companies have already given such presentations at KSE:
We also invite company HRs to make presentations for KSE students about career opportunities at their company and send us information about the openings to be distributed to KSE students and graduates.
If you are interested in giving presentations at KSE or/and distribute information about the vacancies available at your company please contact Svitlana Bocharova at bocharova@eerc.kiev.ua or telephone: 492-8012.
KSE Resume Book
After earning their master’s degrees, KSE alumni are well prepared to work as economists and analysts with international banks, consulting, investment, and audit firms, government agencies, research organizations and policymaking institutions. They are excellent professionals, have unique skills in economic modelling and analysis, and are in high demand both on the international and on the local job market.
There is a book of resumes of KSE students who are on track to graduate in June 2010. By giving you this preview of this new generation of economists who will be entering the job market in the next months, we hope to give you the opportunity to be among the first companies to approach them and beat your competitors in the hunt for talent.
If you need more information about KSE students and graduates, please feel free to contact Svitlana Bocharova via e-mail: bocharova@eerc.kiev.ua or telephone: 492-8012.
KSE Executive Course
KSE has recently started to offer the executive courses to the representatives of business. The list of recent courses is the following:
In addition, SimCorp, an IT firm that develops trading, accounting and pricing software for investment banks, has expressed interest in lectures on financial instruments. After a successful test lecture on total return swaps by KSE Assistant Professor, Olesia Verchenko, at the beginning of April, SimCorp signed up for a series of monthly lectures, with the first one taking place in the middle of June. The lecture will be devoted to the US mortgage-backed securities with illustrations of trading, settlement and pricing procedures using SimCorp Dimensions software.
If you need more information about KSE students and graduates, please feel free to contact Svitlana Bocharova via e-mail: bocharova@eerc.kiev.ua or telephone: 492-8012.
Recent Successes of KSE Graduates and Students
Recent alumni and students successes include:
Recent Media Publications by KSE Faculty
May 24, 2010: Interview with Charles Calomiris for Business
May 24, 2010: Interview with Charles Calomiris for Expert
April 1, 2010: Tom Coupé for Eizvestia: “Eliminating Big Bank Notes?”
March 22, 2010: Tom Coupé for www.finance.tochka.net: “Small Money, Big Problems”
February 17, 2010: Tom Coupé for Gazeta po-kievsky: “How the Very Best Are Selected"
February 15, 2010: Tom Coupé for Investgazeta: “The Prize is Right?”
February 15, 2010: Tom Coupé for Delo: “Advising Banks”
February 15, 2010: Tom Coupé for Eizvestia: “Another Chance for New Year Resolutions”
To read these articles please visit www.kse.org.ua
KSE Sponsors
A large number of Ukrainian and international corporations, foundations, and governments as well as the individuals, has supported KSE during the last years. We are very thankful to our donors:
Core Sponsors:
Scholarships and Other Support Providers:
and others.
KSE Founders
Economics Education and Research Consortium
Victor Pinchuk Foundation
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To get more information about KSE: www.kse.org.ua
To contact KSE: info@kse.org.ua
February 2010
The Kyiv School of Economics (KSE) founded by the Economics Education and Research Consortium (EERC, www.eerc.kiev.ua) and the Victor Pinchuk Foundation (www.pinchukfund.org) is a world-class institution with support from international and local donors. It is an internationally recognized Centre of Excellence that ranks with the best schools in Central and Eastern Europe, is competitive on the world market, in both economic education and research, and produces the future generation of economists in Ukraine and the neighbouring countries.
The Kyiv School of Economics offers an internationally recognized two-year, full time English language Master’s Program with focus on Economic Analysis and Financial Economics. The program is taught by international and Western-trained Ukrainian faculty with a strong research background. The program curriculum is modelled on the best economic and financial economics graduate programs in North America and Western Europe. Students are provided with an unrivalled access to the world economics literature and various informational resources.
CONTENTS
KSE OPEN ACADEMIC LECTURES AND MASTER CLASSES
Upcoming Open Academic Lectures:
February 25, 2010: Thierry Post, Visiting Professor of Finance, Cass Business School (UK), on “Deal or No Deal? Decision Making under Risk in a Large-Payoff Game Show”
April 12, 2010: Daniel Rubinfeld, Robert L. Bridges Professor of Law, Professor of Economics, School of Law University of California, Berkeley
May 10-14, 2010: Charles Calomiris, Henry Kaufman Professor of Financial Institutions, Graduate School of Business, Columbia University.
Past Open Academic Lecture:
November 23, 2009: KSE Open Academic Lecture by Iikka Korhonen, Head of the Institute for Economies in Transition, Bank of Finland, on “Why Do Bad Things Happen to (Seemingly) Good Countries? Some First Empirical Evidence from the Recent Crisis.” The event was sponsored by the Finnish Embassy to Ukraine and co-organized with the European Business Association (EBA). Media support was provided by Den’.
Past Master Classes:
September 14-19, 2009: “Advanced Econometrics” by Dr. Matti Viren, University of Turku
August 31 - September 3, 2009: “Financial Econometrics” by Dr. Bent Sorensen, University of Houston.
To register to participate in KSE events please click here or visit www.kse.org.ua
COMPANY LECTURES AND PRESENTATIONS AT KSE
We are looking for companies who would be willing to delegate one of their staff members to give a lecture to KSE students on topics in which their company has relevant experience. Such lectures bring 'real life' examples and experience to the KSE classroom.
So far, we have agreements with the following companies on giving lectures at KSE:
We also invite company HRs to make presentations for KSE students about career opportunities at their company.
If you are interested in giving lectures/presentations at KSE please contact Svitlana Bocharova at bocharova@eerc.kiev.ua
RECENT MEDIA PUBLICATIONS BY KSE FACULTY
EERC RESEARCH GRANT COMPETITIONS
The Economics Education and Research Consortium (EERC), a founder of the Kyiv School of Economics, announces its Spring 2010 Research Grant Competition. Proposals are solicited in the following five areas with relevance to current policy concerns in CIS:
We encourage proposals for policy-relevant research on the border of economics and other disciplines, such as political science, sociology, demography, geography and ecology.
The best research teams will be invited to present their projects at the EERC research workshop in June 2010 in Ukraine (tentatively planned for June 26-28). Heads of projects must attend the workshop in order to be considered for a grant.
Applications are to be submitted online by April 12, 2010.
This competition is funded by the Global Development Network. EERC is GDN's regional partner in the CIS countries.
If you are interested in becoming a partner of the EERC Research Grant Competition please contact Natalia Bystritskaya at nbystrytska@eerc.kiev.ua
In addition to that, from February 1, 2010 The World Bank Institute and EERC are pleased to announce a research competition on “The Economic Impact of Liberalization of Barriers to Trade in Services in the Europe and Central Asia Regions”.
The deadline for applications is April 16, 2010
To participate in the Research Grant Competition please send your applications to the e-mail: irina@eerc.kiev.ua (Irina Sobetskaya and Natalia Bystritskaya).
For information about other EERC activities please click here or visit www.eerc.ru
FIRST KSE ASSOCIATE PROFESSORS
The KSE International Advisory Board is pleased to announce a first in the history of KSE. Tom Coupé and Valentin Zelenyuk have been promoted to the rank of associate professor. The International Advisory Board applied rigorous international standards to conclude that Coupé and Zelenyuk had earned these promotions. While teaching and service are important to such decisions, promotion to Associate Professor requires that each candidate establishes an international reputation in their areas of research. The International Advisory Board concluded that Tom Coupé has established such a reputation through his analyses of academic labor markets and Valentin Zelenyuk has done the same for his work in the econometrics of productivity analysis.
A large number of Ukrainian and international corporations, foundations, and governments as well as the individuals, has supported KSE during the last years. We are very thankful to our donors:
Core Sponsors:
Scholarships and Other Support Providers:
The Kyiv School of Economics (KSE) founded by the Economics Education and Research Consortium (EERC, www.eerc.kiev.ua) and the Victor Pinchuk Foundation (www.pinchukfund.org) is a world-class institution with support from international and local donors. It is an internationally recognized Centre of Excellence that ranks with the best schools in Central and Eastern Europe, is competitive on the world market, in both economic education and research, and produces the future generation of economists in Ukraine and the neighbouring countries.
The Kyiv School of Economics offers an internationally recognized two-year, full time English language Master’s Program with focus on Economic Analysis and Financial Economics. The program is taught by international and Western-trained Ukrainian faculty with a strong research background. The program curriculum is modelled on the best economic and financial economics graduate programs in North America and Western Europe. Students are provided with an unrivalled access to the world economics literature and various informational resources.
Thirty-five students enrolled in the fall of 2007 as the first group of KSE students, began their second year of studies in September 2008 and have been joined by 31 new students admitted in July 2008. Thus, the total enrollment now stands at 66 (including 6 students from Belarus, Moldova, and Georgia fully funded by SIDA and the Norwegian Government). The current MA students come from more than 23 cities and have undergraduate degrees in economics, finance and mathematics, as well as engineering, physics and even as philosophy and history. Forty-nine percent of the students are women; slightly less than a quarter is from Kyiv.
Every summer KSE students have a possibility to apply their knowledge of modern economics and finance in “real life” situations working as interns in various companies and international institutions.
We invite your company to consider the possibility to take KSE students for a summer internship. Our students have the following skills:
During the internship period (July-August) students can work on a full time basis.
If you are interested in hosting our students as interns this summer please send us your request at bocharova@eerc.kiev.ua.
In your request please indicate the number of students that you are interested in, their required qualifications and a short description of the work you are expecting students to do during their internship.
The Kyiv School of Economics has an agreement with the University of Houston (USA) that allows KSE students to obtain, while studying at KSE, a Master’s degree of the University of Houston. Courses taken to receive the KSE certificate can simultaneously lead to an MA degree in Economics of the University of Houston, if the students meet the academic and administrative requirements of the University of Houston. The class of 2009 is the first class to receive degrees from the University of Houston.
KSE alumni and faculty publish their articles in local media and reputable international journals. For a full list of media and academic publications by our graduates and faculty, please click here.
In June 2009, KSE will be graduating its 12th class (35 students) who are now ready to work as economists and analysts in industry, international banks, consulting, investment, and audit firms, government agencies, research organizations and policymaking institutions. All of them are professionals that have unique skills in economic modelling and analysis.
If you are interested in hiring KSE graduates we would be happy to provide you with a book of student resumes. The resumes are also available on-line at: http://www.kse.org.ua/people/students.htm
Totally, forty-six KSE alumni have now defended Ph.D. dissertations. Of these, 6 are KSE full-time faculty. In the coming year KSE anticipates at least 5 more Ph.D.s being awarded to its alumni.
March 16, 2009, 13.00
KSE Campus, room 207, Yakira 13
Stefano Capodagli and Bogdan Povoroznyk will talk on “Economic and Financial Crisis in Ukraine in 2009: How Many Corporates Will Remain Solvent?” Using a sample of more than 2000 Ukrainian companies operating in the manufacturing sector over seven years, they examine the financial vulnerability by analyzing the relation between macroeconomic indicators and companies financial ratios. The analysis shows that macroeconomic conditions have a strong effect on debt service capacity.
March 30, 2009, 9.30-17.00
KSE Campus, room 207, Yakira 13
Students from different regions of Ukraine, Belarus, and Moldova will present their research papers and essays dedicated to the economics and financial crisis. A jury of KSE faculty members will select winners in each category, who will be awarded with monetary prizes.
March 30, 2009, 18.00
“Radisson SAS”, Yaroslaviv Val 22
Professor Shorrocks is a leading expert on the analysis and measurement of poverty and inequality. He will talk on “The Changing Pattern of Global Wealth Ownership”
April 1, 2009, 18.00
Place to be announced
Dr. Robert S. Pindyck has published numerous academic journal articles, and is the author of several books, including three famous textbooks “Microeconomics”, “Econometric Models and Economic Forecasts”, and “Investment Under Uncertainty.” He will talk on “Real Options.”
April 14, 2009, time to be announced
Place to be announced
At Yahoo, Dr. Reiley measured the effects of advertising on sales through a controlled experiment on Yahoo! display advertising.
To participate, please register at www.kse.org.ua.
KSE has recently received funding from SIDA and the Eurasia Foundation to open the Belarus Economic Research and Outreach Center. The Center’s activities will include research and outreach projects related to the development of Belarusian economy.
Please read more: http://beroc.eerc.kiev.ua
You can find the 2007-08 KSE annual report with the details on various KSE activities at KSE_Annual_Report_2007-2008.
Since February, the Kyiv School of economics is located at the new address – vul. Yakira 13. The location details can be found at www.kse.org.ua

A large number of Ukrainian and international corporations has supported KSE during the last years. Their support allows KSE to cover the cost of students’ education at KSE. We are very thankful to our donors:
KSE Core Donors:
KSE Scholarships and Other Support Providers:
The Kyiv School of Economics invites your company to join the “Friends of KSE” project.
“Friends of KSE” is an association of KSE’s most generous supporters – all dedicated to fulfilling and enhancing the university’s mission to promote world-class economics education and research.
The Friends of KSE receive invitations to all KSE events, including the KSE Public Lectures and their contributions are acknowledged in all KSE promotional materials and on the KSE web site. In addition, they receive each year, in March, the KSE yearbook with CVs of all KSE students & faculty, thus having first access to the KSE students, graduates and faculty members. The Friends of KSE also receive full access to the KSE Library and its comprehensive informational resources in economics, finance, and business.
There are several ways to become a “Friend of KSE” member, each way offering different opportunities to support a specific goal.
If you would like to get more information how to become a friend of KSE, please click here.
Economics Education and Research Consortium
Victor Pinchuk Foundation
The Kyiv School of Economics (KSE) founded by the Economics Education and Research Consortium (EERC, www.eerc.kiev.ua) and the Victor Pinchuk Foundation (www.pinchukfund.org) is a world-class institution with support from international and local donors. It is an internationally recognized Centre of Excellence that ranks with the best schools in Central and Eastern Europe, is competitive on the world market, in both economic education and research, and produces the future generation of economists in Ukraine and the neighbouring countries.
The Kyiv School of Economics offers an internationally recognized two-year, full time English language Master’s Program with focus on Financial Economics, Economic Policy and Economics of Firms and Markets. The program is taught by international and Western-trained Ukrainian faculty with a strong research background. The program curriculum is modelled on the best economic and financial economics graduate programs in North America and Western Europe. Students are provided with an unrivalled access to the world economics literature and various informational resources.
Every summer KSE students have a possibility to apply their knowledge of modern economics and finance in “real life” situations working as interns in various companies and international institutions.
We invite your company to consider the possibility to take KSE students for a summer internship. Our students have the following skills:
During the internship period (July-August) students can work on a full time basis.
If you are interested in hosting our students as interns this summer please send us your request at info@kse.org.ua. In your request please indicate the number of students that you are interested in, their required qualifications and a short description of the work you are expecting students to do during their internship.
In June 2008 EERC/KSE is graduating its 11th class of students who are now ready to work as economists and analysts in international banks, consulting, investment, and audit firms, government agencies, research organizations and policymaking institutions. All of them are professionals that have unique skills in economic modelling and analysis.
If you are interested in hiring KSE graduates we would be happy to provide you with a book of student resumes. The resumes are also available on-line at: http://www.kse.org.ua/people/students.htm.
On a regular basis, the Kyiv School of Economics organizes the KSE Public Lectures for Ukraine's political and business community, bringing world-known scientists, economists, politicians and public figures to Ukraine. The goal of these events is to enlarge the debates on the topics most relevant for Ukraine.
April 8, 2008
Dr. Muhammad Yunus, 2006 Nobel Prize Winner for Peace. “Fighting Poverty”
May 15, 2008
Mr. Kofi Annan, the 7th Secretary-General of the United Nations. “Challenges Facing Ukraine and the World”
If you want to get more information about the KSE Public Lectures click here.
If your have recently changed your contact information please send us email by clicking here.
The goal of the KSE Master Classes is to spread modern economic knowledge throughout the society. The attendees are policy-makers, business analysts, academicians, and students. The following Master Classes have recently been organized:
The Kyiv School of Economics has an agreement with the University of Houston (USA) that allows KSE students to obtain, while studying at KSE, a Master's degree of the University of Houston. Courses taken to receive the KSE certificate can simultaneously lead to a MA degree in Economics of the University of Houston, if the students meet the academic and administrative requirements of the University of Houston. Up to 3 students can, after the first year, be invited by the University of Houston to start their Ph.D. degree in Houston.
KSE has launched a cooperation program with CERGE-EI, a Western-style doctoral program in Prague (www.cerge-ei.cz). KSE has coordinated its course content with this program, giving a possibility to graduates of the KSE M.A. Program to start immediately in the second year of the doctoral program of CERGE-EI. Moreover, CERGE-EI allows the KSE students, after they finish the second year of Ph.D. studies, to return to Ukraine to finish their doctoral research at the Kyiv School of Economics.
Every year, a group of KSE students visit the Stockholm Institute of Transition Economics (SITE) of the Stockholm School of Economics with one week internship tour. During the tour students have an excellent opportunity to investigate the PhD program at the Stockholm School of Economics, to meet with the economic faculty and SITE researchers, and to participate in the school’s activities. This fall a group of the best KSE students will visit the Norwegian Institute of International Affairs (NUPI).
The Kyiv School of Economics, Kyiv Economics Institute (KEI), and Telenor (Norway) have recently established a new project – a PhD Scholarship in Network Economics at the Norwegian School of Management BI, funded by Telenor.
Among the recent alumni successes are:
KSE alumni and faculty publish their articles in local media and reputable international journals. For a full list of media and academic publications by our graduates and graduates, please click here.
A large number of Ukrainian and international corporations has supported KSE during the last years. Their support allows KSE to cover the cost of students’ education at KSE. We are very thankful to our donors:
KSE Core Donors:
KSE Scholarships and Other Support Providers:
The Kyiv School of Economics invites your company to join “Friends of KSE” project.
“Friends of KSE” is an association of KSE’s most generous supporters – all dedicated to fulfilling and enhancing the university’s mission to promote world-class economics education and research.
The Friends of KSE receive invitations to all KSE events, including the KSE Public Lectures and their contributions are acknowledged in all KSE promotional materials and on the KSE web site. In addition, they receive each year, in March, the KSE yearbook with CVs of all KSE students & faculty, thus having first access to the KSE students, graduates and faculty members. The Friends of KSE also receive full access to the KSE Library and its comprehensive informational resources in economics, finance, and business.
There are several ways to become a ‘Friend of KSE’ member, each way offering different opportunities to support a specific goal.
If you would like to get more information how to become a friend of KSE, please click here.
The Kyiv School of Economics (KSE) founded by the Economics Education and Research Consortium (EERC, www.eerc.kiev.ua) and the Victor Pinchuk Foundation(www.pinchukfund.org) is a world-class institution with support from international and local donors. It is an internationally recognized Centre of Excellence that ranks with the best schools in Central and Eastern Europe, is competitive on the world market, in both economic education and research, and produces the future generation of economists in Ukraine and the neighbouring countries.
The Kyiv School of Economics offers an internationally recognized two-year, full time English language Master’s Program with focus on Financial Economics, Economic Policy and Economics of Firms and Markets. The program is taught by international and Western-trained Ukrainian faculty with a strong research background. The program curriculum is modelled on the best economic and financial economics graduate programs in North America and Western Europe. Students are provided with an unrivalled access to the world economics literature and various informational resources.
The Kyiv School of Economics currently provides western standards graduate education in economics to 95 students. Besides a majority of students who are Ukrainian citizens, we have 5 students from Belarus, 4 students from Moldova, and 2 students from Georgia.
More than half of the students receive full scholarships funded by KSE donors and founders. These scholarships are based on merit. Some of the students receive partial scholarships, with a possibility of deferred tuition based on need.
At the moment, EERC/KSE has 367 graduates. The graduates’ placement can be summarized as following:
Thirty EERC graduates have already received a Ph.D. degree from western universities.
Among the recent alumni successes are:
Recently, Oleksandr Parashiy, EERC’2004, has been voted the 'Leading Pan-European Investment Analyst - European Emerging Markets' by the Thomson-Extel Surveys. In addition, 4 other graduates were ranked highly in this list: Volodymyr Nesterenko, EERC'2004, ranked as #3'; Olga Pankiv, EERC'1999 ranked as #11; Olena Bilan, EERC'2002 ranked as #20; and Taisiya Shepetko, EERC'2004, ranked as #21. See more at: http://www.concorde.com.ua/press-room/.
On a regular basis, the Kyiv School of Economics organizes the KSE Public Lectures for Ukraine's political and business community, bringing world-known scientists, economists, politicians and public figures to Ukraine. The goal of these events is to enlarge the debates on the topics most relevant for Ukraine.
The recent Public Lectures include:
October 8, 2007
James Wolfensohn, Former President of the World Bank. “Ukraine in a Four Speed World”
October 24, 2007
General Colin Powell, USA (Ret.), Former US Secretary of State. “Democracy and Global World Challenges.”
If you want to get more information about the KSE Public Lectures click here.
If your have recently changed your contact information please send us email by clicking here.
KSE faculty are very active in doing academic research and publishing in both leading academic journals and local media. The goal is to have an impact on not only Western academia but also on the Ukrainian society.
For a full list of media and academic publications by our faculty, please click here.
A large number of Ukrainian and international corporations has supported KSE during the last years. Their support allows KSE to cover the cost of students’ education at KSE. We are very much thankful to our donors:
KSE Core Donors:
KSE Scholarships and Other Support Providers:
The Kyiv School of Economics announces the establishment of a new project – “The Friends of KSE.”
“The Friends of KSE” is an association of KSE’s most generous supporters – all dedicated to fulfilling and enhancing the university’s mission to promote world-class economics education and research.
The Friends of KSE receive invitations to all KSE events, including the KSE Public Lectures and their contributions are acknowledged in all KSE promotional materials and on the KSE web site. In addition, they receive each year, in February, the KSE yearbook with CVs of all KSE students & faculty, thus having first access to the KSE students, graduates and faculty members. The Friends of KSE also receive full access to the KSE Library and its comprehensive informational resources in economics, finance, and business.
There are several ways to become a "Friend of KSE" member, each way offering different opportunities to support a specific goal.
If you would like to get more information how to become a friend of KSE, please click here.
Economics Education and Research Consortium
Victor Pinchuk Foundation