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The interaction between the Armenian State University of Economics and the Swiss UMEF University is expanding:

The interaction between Armenian State University of Economics and the Swiss UMEF University is expanding: in addition to the implementation of the “Business Management” joint Master’s degree program, the professors of the Swiss University will hold open lectures for ASUE students, which is initiated by Khoren Mkhitaryan, Head of Science and PhD Division, coordinator of the mentioned Master’s degree program.

The lectures launched today: Sun Edward PhD. held a lecture on “Global Trends in Electronic Finance, Electronic Payments and Statistical Database”, who currently teaches “Corporate Finance” to the Master's degree program students.

The meeting was attended by Gagik Vardanyan, Vice-Rector of Science and International Relations, Khoren Mkhitaryan, Heads of scientific-educational laboratories, the Chairs and Heads of administrative divisions, representatives of Faculty staff, students.

Gagik Vardanyan highly evaluated the cooperation with UMEF University and informed that the Swiss University professors will soon conduct free English language courses in ASUE senior courses aimed at improving learners' linguistic level.

During the lecture, Sun Edward stressed that technological innovation launches new financial challenges by transforming the functions of financial institutions, in some cases reducing their role. The professor characterized the modern financial system, the way of its development after the emergence of the Internet, drew special attention to peculiarities of electronic finance, online payments and online trading, and observed the risks. Sun Edward answered the attendees’ questions.

Khoren Mkhitaryan expressed hope that these lectures will provide ASUE students with modern knowledge, simultaneously developing the knowledge of economic English.

“The methods of teaching are different in abroad, the practical part is more, so it is important from this point of view that our students get acquainted with foreign educational practice through the lecturers held by invited professors”; stated Khoren Mkhitaryan.

UMEF & ASUE Media and Public Relations Division


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