Department Chair's Message


Economics and finance are two critical disciplines concentrating on the underlying activities of modern societies. Economics, which is a relatively old social science, analyses essential activities of production, consumption, allocation, and distribution processes in economies and aims to offer solutions to the problems related to those. In a very general sense, finance focuses on the monetary aspects of economic activities. The increasing role of financial activities, financial markets and financial institutions for the functioning of economies and for the behaviours of economic units in the past few decades has given a further basis to finance as an independent discipline.

With remarkable developments where technological advances play a key role, productive and financial activities are carried out within more complex international structures, national economies get more integrated, and economic and financial issues deepen and become global. The destructive potential of international economic and financial integration has recently been exposed during the Covid-19 pandemic, which still continues to have significant implications. The pandemic has also brought about significant changes for national economies as well as the world economy, accelerated already ongoing processes, while rising uncertainties about today and the future. It has led to the climate change to come forward among the critical problems faced by the humanity. As a result, green transformation, more specifically, green economy and green finance have been widely voiced.

Therefore, we need to understand the transformation process that the world economy, as well as the economy we live in, goes through from a broader perspective with social and political aspects, and make sensible projections regarding the outcomes of this process. On the other hand, all these changes indicate that economic and financial issues do not only concern states and corporations, they are at the very centre of our daily lives.

Economics and Finance Department offers an interdisciplinary programme encompassing these two critical subject areas. The programme, run by well-informed and experienced academic staff, aims to provide students with knowledge and capabilities to understand and analyse the world we live in, and define the problems to propose relevant solutions. Along with fundamental economics and finance courses, there also exist more advanced theoretical and applied courses comprising current developments in the areas.

Multidimensional development of students is further supported by second major and minor studies, Erasmus exchange opportunities, O’COOP - the cooperative learning programme at the workplace, second foreign language classes, internships, the career and life programme, social club activities, and seminars as well as a series of elective courses.

Graduates of the Economics and Finance Programme can be employed in a wide range of positions within various industries, from public institutions to national or international private companies, from manufacturing to telecommunications, from tourism to international trade, within financial sector institutions, primarily banking, and the like.

If you would like to specialise in economics and finance, to understand and transform the world we live in into a better place, this programme is for you.