Financial forces in the south

This year the newly-opened Sevastopol Institute of Banking will enroll 300 students (first and second year) from Sumy, Sevastopol, and Crimea (Crimeans making up 80 percent). In the future there are to be 1,500 full-time and about 1,000 part-time and distance-learning students.

The Institute’s construction site occupied 5.5 hectares of land on the sea front near Park Peremohy. It included a sizable classroom building and a campus with a swimming pool, cafeteria, gym, two dormitories for students and visiting professors, as well as an apartment block for the Institutes’s facutly.

The total area of the classroom building exceeds 23,500 square meters. The building consists of two blocks with 30 classrooms each, plus 11 rooms for seminars. In addition, it will house a library with a capacity of 150,000 volumes. The building also has a conference room for 600 people, completed with special equipment for simultaneous interpretation.

The nine-floor dorm, with a capacity of 429 beds, has already been built and furnished. The area of the building is almost 7,000 square meters, and is equipped with elevators. Each floor comprises two residential blocks, one three-person room and one five-person room. The center of each block will contain a kitchen/dining room.

The Student’s Park, located across from the Institute, was opened at the same time. Its central place is occupied by a round pool with a fountain. The pool’s rim is marked with the names of all European states.

This year the school offers four programs: Banking, Finance and Crediting, Accounting and Audit, and International Economics.

Admission requirements for the latter included the knowledge of two or three languages and high testing grades. The program in Banking had the largest number of state-supported admissions.

Valerii Ohienko, director of the Institute and former managing director of the Private Deposit Guarantee Fund at the National Bank of Ukraine gave an interview to Novy Rehion (The New Region) in which he said that NBU chairman Volodymyr Stelmakh personally suggested that he take this post. By all appearances, this took him by surprise, since the new director will reside at the student dorm for the time being, and will move his family to Sevastopol only later. Nevertheless, Ohienko is happy to take on the new job. “So many people are involved in this project that I have no doubts that we will succeed,” he assures.