Department of Economics and Business Finance
Department of Economics and Business Finance
Department of Economics and Business Finance

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of Economics and Business Finance

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The department was established in 1966 and until 1993 it was called the Department of Trade and Economics. From the first years of its existence it became one of the leading departments of Kyiv Institute of Trade and Economics. Later on its basis there were found such departments as the Department of Trade Management (now - the Department of Management) and the Department of Trade Organization (now - the Department of Marketing), and later the Department of Foreign Economic Relations (now - Department of International Economics). Since 2012 it is called the department of Economics and Finance of the Enterprise.

Teaching staff

The teaching staff of the department consists of 26 teachers, 24 of which have a scientific degree, including six doctors of sciences, professors.

The head of the department: doctor of sciences (economics), professor Blakyta Hanna V.

Profile. Training of highly professional specialists in the field of economics and finance of the enterprise, formation of special profound theoretical knowledge base, practical skills in the field of economics and finances and economic security of the enterprise; preparation for successful mastering of high degree academic programs (PhD) for teaching, scientific consultancy in business structures.

The department educates specialists on specialties 051 "Economics" and 073 "Management".

Fields of study:

– «ECONOMY OF THE BUSINESS» (bachelor and master degree);


– «FINANCIAL MANAGEMENT» (master degree);

– «CORPORATE FINANCE» (bachelor and master degree).

In the list of academic disciplines which are taught by the department there are over thirty ones, in particular the following:

  • "Economics of the Enterprise"
  • "Economics and Finance of the Enterprise"
  • "Labour Economics and Social and Labour Relations"
  • "Trade Economics"
  • "Enterprise Competitiveness";
  • "Securities Market"
  • "Management of Finances of Enterprises"
  • "Pricing"
  • "Valuation of Property"
  • "Planning at the Enterprise"
  • "Business Planning"
  • "Economics and Organization of Innovation  Performance"
  • "Atomization of Economic Calculations"
  • "Value Based Management"
  • "Corporate Crisis Management"
  • "Management of Enterprise Competitiveness"
  • "Enterprise Risk Management"
  • "Risk Management "
  • "Investment Management"
  • "Financial Management"
  • "Enterprise Financial Strategy"
  • "Controlling"
  • "Project Analysis"
  • "Project Financing"
  • "Economic Security of the Enterprise"
  • "Economic Diagnosis of the Enterprise"
  • "Bankruptcy and Financial Sanitation of an Enterprise"
  • "Financial Security of the Enterprise"
  • "Business Engineering"

On the basis of the department there work scientific schools of professor I.O. Blank and prof. N.M. Hulyaeva.

One doctoral student and 23 postgraduate students write theses on the topics of scientific research of the department.

The scientists of the department have a significant range of educational and methodological and scientific publications, including those which are cited in the scientometric databases. Teachers of the department are involved in the work of the jury of the second stage of the All-Ukrainian subject Olympiads and Olympiads on the specialty "Economics", the Branch Competition Commissions of the second stage of the All-Ukrainian competitions of students scientific works and diploma papers at various higher educational establishments of Ukraine.

Leading scientists of the department participate in law-making activity, in scientific and public councils, commissions, programmes, do research works.

Scientific field of the department:

• economic feasibility study of innovative projects for the development of trade enterprises;
• management of the development of the domestic consumer market of Ukraine and certain regions;
• financial and economic problems of the development of trade, its separate industries and enterprises;
• problems and prospects of entrepreneurship development in Ukraine;
• financial, investment, innovation and crisis management of the enterprise;
• development of financial and economic training specialists in the field of entrepreneurship.

The department has scientific cooperation in various forms with 45 institutions. The work on establishing international cooperation is its main focus. There is also cooperation as to the development of specialties and specializations of the department with the Ministry of Economic Development and Trade of Ukraine, the Department of Financial Policy of the Administrative Office of the Cabinet of Ministers of Ukraine, the State Service of Ukraine for Regulatory Policy and Entrepreneurship Development, the Ukrainian Enterprise Entrepreneurship Support Foundation, the Ukrainian Union of Industrialists and Entrepreneurs, the Union of small, medium and privatized enterprises of Ukraine, Union of Crisis Managers of Ukraine, the Research Economic  Institute of Ministry of Economic Development and Trade of Ukraine, the Antitrust Committee, the Institute of Economics and Forecasting of NAS of Ukraine, Ukrainian Association of Business Incubators and Innovation Centres, All-Ukrainian Union of Economists.

In recent years, partnership has been established with the French company L'Oréal, the company - distributor of domestic cosmetics LLC “LASSI”, with the holding “Bayadera Group”.

The main areas of scientific research and cooperation with business structures:

1. Economic management of the enterprise. Development of methodological recommendations for LLC "RITEILSISTEMZ", SE "SAVSERVICE STOLITSA", Public JSC "Ukrainian fire and insurance company", LLC "Ukragrocom".
2. Financial planning at trade enterprises. Development of recommendations for LLC Trade Center ‘Continent ", Brovarsky branch of LLC “Vityaz Alco Group", LLC "Borei Group".
3. Competition and competitive relations in the market of medicines. Research by the order of the Berlin-Kemi Accessions health Representative Office in Ukraine.
4. Economic feasibility study of innovative projects of trade enterprises development. Development of methodical recommendations for Euroservice and Trade LLC, Public JSC "UMMC", LLC "OIL TRADE SERVICE", Public JSC "Department store" Children's World".
5. Development of scientific and methodological support of training for demobilized and migrants of the ATO area within the framework of the project "Assisting others, help yourself" by the orders of Public JSC "Raiffeisen Bank Aval".

The department has an appropriate material and technical base, up-to-date computer class with the access to the Internet, equipment for visual support of seminars and lectures, which provides a high level of educational process and organization of research work of students.

Training course and internship of the students

The department actively cooperates with the leading Ukrainian trade enterprises, in particular: Public JSC, Furshet LLC, Private JSC “KwizaTrade”,  department store "Children's World", Sumatra LLC (TM Cosmo), “Intend Ukraine” Ltd., LLC Tesco Service (“Dva Gusya” Restaurant Network), L'oreal  representatives, West House of Commerce LTD (Canada), “Franchising Full Cycle”, “LASSI” LLC, Financial Company “CUB”, “Gerchik & Co” and others.

Student’s achievements

Students of the department show high results at competitions and contests, participate in student scientific and practical conferences, research work of the department. In particular, in 2016-2017 they received prize places at two All-Ukrainian Olympiads and All-Ukrainian competitions of student’s scientific papers and diploma papers. The best students take part in prestigious programmes, contests and business games, in particular:

– in the "4 Steps to Innovation" programme within the framework of the Partnership Agreement on the Commercialization of Scientific and Engineering Results between the Ministry of Education and Science and the “GrowthUp” Group of Companies;
– in the International Student Business Cases Competition “CIMA Business Challenge”;
– in the business game of L'Oréal company with the purpose of internship and employment.

During the years of its existence, the department has educated more than seven thousand professionals in economic specialties full-time, part-time, extra mural forms of education and according to the retraining programmes.


Phone number: (044) 531-48-19 (internal number 12-93) - А-437;
Phone number: (044) 531-48-18 (internal number 12-94) - А-452а;
E-mail: debf@knute.edu.ua


остання редакція 20.01.2022