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8 Февраля 2021

Master-Class “Post-pandemic Economy”

Financial University expresses gratitude to Dean of the FinU Faculty of Economics and Business Ekaterina Bezsmertnaya and Deputy Dean for International Cooperation Khvicha Kharchilava for organising a master-class with the Baku Higher Oil School.

On February 4, 202, Financial University organised an online master-class entitled "Post-pandemic Economics" for the Baku Higher School of Oil (Baku, Azerbaijan).

More than 70 participants attended the event including the teaching staff and MBA students. Director of the FinU Business School Svetlana Yushkova moderated the master class.

On behalf of the Financial University, Vice-Rector for International Cooperation Alexander Linnikov greeted the participants with a welcoming speech. The Vice-Rector thanked everyone for participating in the event, and, as part of his presentation, outlined the main trends, features and legal consequences of the post-pandemic economy.

"Today, law is "chasing" rapid changes of the economic environment and is primarily driven by digitisation and social security. There exists an urgent necessity to develop advanced technologies and new institutes and introduce new regulation. It is crucial to take more decisive measures to support small and medium-sized enterprises", notes Alexander Linnikov.

First Vice-President of Gazprombank Igor Turuyev also took part in the master class, emphasising the special impact of the COVID-19 pandemic on the economic and banking sector.

Any crisis we face gives us new opportunities. Have a look, for example, at the global statistics, developed countries have suffered far more than developing countries. The decline is 6% and 1% respectively. So, we can really expect a pretty good recovery in 2021. Definitely, we have some anti-champions, for example, Great Britain, whose GDP has fallen up to 11%

Igor Turuyev

Head of Corporate Finance and Corporate Governance Department

of the Financial University Konstantin Ordov gave a presentation on the importance of financial literacy in the modern economy.

The participants had a chance to ask questions of their interest and receive detailed responses. ⁠