On November 2 of 2018, representatives of the Central Bank of Armenia, Deputy Chairman of the Central Bank of Armenia Nerses Yeritsyan, Head of Dilijan Training and Research Center Armen Nurbekyan, Director’s Assistant Suzanne Mkrtchyan, Head of Monetary and Financial Statistics Division of the Central Bank of Armenia Arthur Ghaltakhchyan, Economist of Economic Research Department Gevorg Minasyan and others visited YSU Ijevan Branch.

The aim of the visit was to conduct a seminar-discussion on “The Issues of the Central Bank in the Context of Economic Development” for the students of Full-time and Part-time learning system of the Faculties “Theory of Economics”, “Economics” and “Finance” of YSU IB.

The seminar was attended by representatives of the CBA of RA, Acting Director of YSU Ijevan Branch V. A. Tsutsulyan, Chief Accountant M. Mkhitaryan, Acting Dean of the Faculty of Economics G. Avetisyan, “Finance” Educational Program Officer A.Saribekyan, Head of Production Practice A.Alexanyan, Lecturers A. Yeganyan, M. Atabekyan and H. Hayrapetyan, students of different courses of the Faculty of Economics of the mentioned professions.

The speaker of the seminar was Nerses Yeritsyan, Deputy Chairman of the Central Bank of Armenia, who presented the main issues of the seminar: paradigm change after the global financial crisis, price stability, financial stability, and financial markets as a condition of stability, results of Central bank policies and research agenda.

First, the results of 2008-2009 global financial and economic crisis were presented, which forced the central banks to review and change their policy: if before the crisis the central bank general policy was aimed at inflation, then after the crisis the policy was directed to ensuring price and financial stability. It was pointed out that today low inflation was the result of consistent monetary policy.

The essence of the monetary policy of the Central Bank of Armenia was discussed, the main aim of which was to reduce the deviations of the actual GDP from the potential GDP.

Particular emphasis was put on the importance of financial stability, which before the crisis was not taken into consideration. However, the consequences of the latter resulted in the fact that the CBA began to conduct macro-prudential policy aimed at stabilizing the financial cycle and reducing the deviations from potential GDP.

During the seminar, students and participants of the discussion asked Mr. Yeritsyan their questions and received exhaustive answers.

Summarizing the seminar-discussion on “The Issues of the Central Bank in the Context of Economic Development”, Nerses Yeritsyan noted that the issues of cooperation between monetary and macro-prudential policies need serious research, so the CB Dilijan Training and Research Center cooperated with a number of central banks and international organizations on the agenda.

At the end of the seminar, the Deputy Chairman of the Central Bank of Armenia advised YSU IB students to actively take part in scholarship programs, in particular, Isahak Isahakyan Scholarship competition announced by the CBA, in partnership with the CBA Dilijan Training and Research Center and carry out various research works.

 In 2018, from October 29 to November 3, mid-term exams for the first semester of 2018-2019 academic years (Full-time system of education) are being held at YSU Ijevan branch.

Davtyan A., Head of Educational-Methodological  Department  of YSU Ijevan Branch assured that the examination period was being held according to the established order (Regulation of organizing the educational process for Bachelor’s Educational Program) at the 9th week of the semester, during which the students were free from lessons.

According to the established regulation, the mid-term exams questionnaire is provided to the students in advance.

This year, the mid-term exams tickets, tests and versions have been signed, sealed and maintained by the deans.

This year, written exams and checks are mostly held in the classrooms installed with cameras (№38, №39, №56, №57).

Oral and test exams are evaluated directly on the spot (in the classroom) and the written exams are checked by the lecturer within 7 days and discussed with students. 

In order to ensure the transparency and publicity of the exam process, the results of the exams are posted on the YSU official website.

The results of the mid-term exams are discussed at the sessions of the Academic Councils and Departments.

 On October 27 of 2018, 4th year students of YSU Ijevan Branch “History” Faculty, together with their lecturers, assistant of the Department of Armenian History and Social Science, PhD, Associate Professor A. Hovhannisyan and Associate Professor of the same department H. Movsesyan, made a study visit to the northern neighbor of Armenia; the Republic of Georgia.

The group of university students first visited the spiritual center of the Georgian people, Svetitskhoveli Cathedral which is the largest of Georgian preserved historic structures located in the historic town of Mtskheta. For centuries it has been considered the Christian center of Georgia. In the 4th century, the Christian king Mirian III built the first wooden church in Georgia by the advice of St. Nino, which was not preserved later. Mirian served as one of the columns of the temple and was known as the burial site of Christ’s mantle.

In the second half of the 5th century, King Vakhtang I Gorgasali built the upper armor of the basilica church, opened by Soviet researchers (led by V. Tsintsadze) in 1970. Instead of the damaged basilica in the 11th century, Priest of Georgia Melchizedek I built the temple (1012-1030, 1039-1045). Nowadays, the church is based on the cross-dome style of church architecture; the dome is placed across all four sides of church, named after twelve apostles, built in 1010-1029 (architect, Arsukisdze).

The road crossed along the Kura and Aragvi Rivers, which beautified the trip.

The next stop was Tbilisi, which is distinguished by its culture, style diversity. Complicated and interesting architectural structures created with the combination of Georgian and Caucasian cultures, were admiring. The influence of Western culture on Tbilisi was remarkable.                                                                                                        The Georgian cuisine was more than interesting                                                         

The students saw the Tbilisi State University, walked over the mirror bridge, sat the ropeway, sat on one of the vessels on the Kura River, and admired the panorama and the bright lights of Tbilisi.

 On October 25 of 2018, an introductory seminar on “Project Management” took place at YSU Ijevan branch, conducted by a Candidate of Economics (2008), Management Qualified Consultant, CMCE (2013), Project Management Professional (2016), six Sigma Yellow Belt (2016) ), Founder of Papka.am portal David Iskandaryan.

The seminar was attended by YSU IB two workers and more than 40 students.

Agenda:

• what is the project
• What are its types
• What are the controlling factors every project must have

The photos of projects and its results were demonstrated, including how customer explained his/her request and what he wanted to get.

Trainer Davit Iskandaryan, noting that projects had both successes and failures, presented the methods of project management. He emphasized that project management predicted and prevented, rather than realized and responded.

Then the trainer introduced the main areas of project management:

• Scope Management
• Cost Management
• Quality Management
• Risk Management
• Time Management
• Human Resources Management
• Communications Management
• Procurement Management
• Integration Management
• Stakeholders Management.

For each area, appropriate definition and examples were brought about.

The seminar on “Project Management” was in an interactive and engaging atmosphere

Both the theme of the seminar and its presentation were approved by the students.

At the end of the seminar, the participants received certificates.

See photos of participants recieving certificates here.