70410801 – Management

70410503 – Investment management

70410901– Business Management             

70411101 - World economy

70411102 - Foreign economic activity

The Department of World Economy and International Economic Relations offers two state-approved graduate programs:

70411101 – World Economy

Focus: global economic systems, trade theory and policy, international finance, and regional integration.

Outcomes: advanced analytical skills for research and policy design; readiness for roles in ministries, central banks, international organizations, and think tanks.

70411102 – Foreign Economic Activity

Focus: export–import management, customs and logistics, international marketing, trade law and compliance, and FDI/project finance.

Outcomes: professional competence to plan and manage cross-border operations in firms, banks, logistics providers, and government trade agencies.

Program format: 2 years (4 semesters), credit-module (ECTS) system.

Language of instruction: Uzbek, Russian, English

Degree awarded: Master’s in World Economy and Foreign Economic Activity

For full details on curriculum, credits, assessment, and graduation, see TSUE’s Academic Regulations (ECTS Credit-Module System).

Program Overview

These state-approved Master’s programs prepare specialists to analyze and manage cross-border economic activities in an era of integration and globalization. Students learn how national economies interact through trade, finance, investment, technology, institutions, and diplomacy, and how outcomes are influenced by rules, norms, and policies (WTO, regional and mega-regional agreements).

Curriculum Focus

Analytical Core: Microeconomics and macroeconomic fundamentals applied to international markets; mathematical and statistical techniques; econometrics; data analysis.

World Economy (70411101): Trade theory and policy, international finance and exchange rate regimes, global value chains and competitiveness, regional integration and development strategy.

Foreign Economic Activity (70411102): Export and import management, customs and logistics, rules of origin and compliance, international marketing, trade law and contracts, FDI, and project finance.

Economic Diplomacy: Negotiation and mediation, treaty design and implementation, tariffs and non-tariff measures, sanctions and export controls, development finance, debt diplomacy, public and digital diplomacy.

Applied Learning: Hands-on projects with international datasets, policy case studies, simulations, and internship placements.

Research Training

Students learn to formulate research questions on trade, FDI, exchange rates, growth, sustainability, and economic security; to test them with data and models; and to evaluate policy design and impact under WTO and regional frameworks.

Graduate Competencies

Advanced quantitative analysis and evidence-based policy assessment

Expertise in export–import operations, logistics, and compliance

Clear written and oral communication for policy, business, and diplomatic environments.

Ethical and sustainability-conscious decision-making worldwide

Careers

Graduates are prepared for roles in government and diplomacy, international organizations, central and commercial banks, global firms, logistics providers, consulting, analytics, and NGOs; they are also competitive for doctoral programs in economics, public policy, international relations, or law.

Learning Outcomes -Master’s Program in World Economy

A) General (Universal) Competencies

Graduates will be able to:

1. Demonstrate a scientifically grounded worldview, knowledge of general methodology, and understanding of current public policy issues; independently analyze social and socio-economic problems and processes.
2. Read and interpret professional documents in at least one foreign language; understand research and pedagogy methodology, and apply modern scientific approaches in professional activities.
3. Develop a comprehensive understanding of processes and phenomena in nature and society, including ethical and humanistic aspects, and apply this knowledge in everyday life, professional settings, and research.
4. Apply legal and ethical standards that govern relations among individuals, society, and the environment in professional decision-making.
5. Pursue lifelong learning by independently gaining and expanding new knowledge, and systematically organizing work based on scientific principles.
6. Identify, structure, and critically analyze problems that are socially and personally significant, using individual knowledge and evidence.
7. Use relevant normative-legal documents correctly and effectively for professional activities.
8. Foster a culture of critical thinking and consistent reasoning; communicate ideas clearly in both written and spoken forms.
9. Critically analyze and integrate acquired knowledge for application in scholarly work and professional practice.
10. Take responsibility for the results and impact of scholarly and professional work.
11. Apply fundamental laws and principles of the studied disciplines; classify methods and appropriately use methodological principles in research.
12. Use at least one foreign language for academic communication and professional exchanges.
13. Gather, store, analyze, and utilize information efficiently; make well-informed, independent decisions in professional settings.
14. Differentiate between data, information, and knowledge; proficiently utilize information technologies in professional and research tasks.
15. Understand the nature and importance of information technologies in an information society; recognize risks and threats of information attacks; follow basic information-security requirements.
16. Use the internet to gather, store, and manage information; operate computers as tools for information handling.
17. Use information and pedagogical technologies in teaching and academic environments.
18. Implement innovative methods to enhance the quality and effectiveness of education.
19. Prepare proposals to participate in nationally or internationally announced research projects based on your own research results.
20. Prepare documentation necessary for patent applications following relevant standards.
21. Develop competitive project proposals for calls issued by government, non-government, and nonprofit organizations.

B) Professional Competencies

Graduates will be able to:

1. Conduct scientific and applied research; analyze experimental and empirical results; draw scientifically supported conclusions; prepare and edit scholarly articles; organize and deliver seminars, conferences, and symposia; and design research projects.
2. Compare, evaluate, and forecast major issues in the global economy; utilize macroeconomic and microeconomic analysis, along with econometric methods and tools, in practical applications.
3. Analyze global market conditions; categorize export product classifications; coordinate export and import agreements; ensure integration of national goods and services into international markets in accordance with global standards; classify indices in goods, services, and financial markets.
4. Establish mutually beneficial partnerships with international economic organizations, integration groups, and foreign countries during international cooperation.
5. Contribute to the development of the country’s diplomatic relations; work in embassies, consulates, and foreign representative offices; and advocate effectively for Uzbekistan’s interests.
6. Manage international credit and grant projects initiated by international organizations, integration blocs, and strategic alliances; participate in agreements aimed at improving Uzbekistan’s ranking in economic indicators reported by international rating agencies.
7. Integrate information and pedagogical technologies into teaching and training within the field.
8. Use innovative methods to improve the quality and effectiveness of education in the field.
9. Develop competitive project proposals to participate in nationally or internationally announced research initiatives based on personal research outcomes.
10. Prepare project proposals for programs operated by state, non-state, non-profit, and international organizations.
11. Organize and oversee production processes (as applicable) and associated economic activities.
12. Optimize the organizational structures of institutions, firms, and their units; plan staff development; manage the effective use of human capital; and design incentive systems to boost labor productivity.
13. Apply economic principles to ensure the efficient use of production and labor resources within firms engaged in foreign economic activity.
14. Design and execute mathematical, informational, and simulation models applicable to both theoretical and practical topics within the specialty.
15. Assess the economic efficiency of international projects; prepare and analyze sectoral and industry-level financial and statistical reports.
16. Develop strategic plans for international relations at sectoral and industry levels; create conceptual and theoretical models for unresolved economic issues; and convert research findings into practical recommendations and implementations.
17. Conduct economic (regulatory) expertise of normative-legal documents relevant to the field.

Program Learning Outcomes -Master’s in Foreign Economic Activity (70411102)

A) General Competencies

Graduates will be able to:

1. Demonstrate a scientifically grounded worldview, mastery of general research methodology, and understanding of current public policy issues; independently analyze social and socio-economic problems and processes.
2. Read and interpret professional documentation in at least one foreign language; utilize research, pedagogy methodologies, and modern scientific approaches in professional practice.
3. Develop a comprehensive perspective on processes in nature and society, including ethical and humanistic aspects, and apply this understanding in everyday life, professional work, and research.
4. Apply legal and ethical standards that govern relationships among individuals, society, and the environment in professional decision-making.
5. Pursue lifelong learning: independently acquire, deepen, and organize new knowledge systematically.
6. Identify and analyze socially and personally significant problems using evidence and critical thinking.
7. Use relevant normative-legal documents accurately and effectively for professional tasks.
8. Communicate clearly in both written and spoken forms; demonstrate a consistent culture of critical thinking and disciplined reasoning.
9. Critically analyze and integrate learned knowledge for academic and professional applications.
10. Maintain social responsibility for the results and effects of scholarly and professional work.
11. Apply the fundamental laws and principles of studied disciplines; correctly classify methods and use methodological principles appropriately in research.
12. Use at least one foreign language for academic communication and professional exchange.
13. Gather, organize, analyze, and utilize information efficiently; make well-informed, independent decisions in professional settings.
14. Differentiate between information, knowledge, and data; use information technologies for professional and research tasks.
15. Understand the role of ICT in the information society; recognize the risks of information attacks; comply with essential information security requirements.
16. Use the internet to gather, store, and manage information; operate computers as tools for information handling.
17. Utilize information and pedagogical technologies in teaching and academic environments.
18. Use innovative methods to enhance education quality and effectiveness.
19. Prepare competitive proposals for participation in nationally or internationally announced research projects based on one's own results.
20. Prepare documentation for patent applications following applicable standards.
21. Develop project applications for calls issued by state, non-state, and non-profit organizations.

B) Professional Competencies

Graduates will be able to:

1. Conduct scientific and applied research; analyze empirical results; draw scientifically supported conclusions; prepare and edit scholarly articles; organize and present seminars, conferences, and symposia; design research projects.
2. Manage foreign trade, coordinate export–import operations, organize cooperation with international companies and franchises, identify international markets for domestic products, and develop export classifications in accordance with international standards.
3. Identify major issues in international trade and support firm competitiveness in global markets for goods and finance; lead business negotiations to enable effective decision-making.
4. Assess investment projects of international financial institutions and corporations; suggest strategies to attract investments; oversee investment initiatives and ensure they align with national economic priorities.
5. Recommend enhancements to current foreign trade policies; analyze tariff and non-tariff measures; advise on the best way to carry out export–import operations for goods and services following international customs standards.
6. Understand global transportation corridor systems; evaluate logistics capabilities; and oversee the movement of national goods and services in international markets.
7. Offer expert advice to tender and selection committees to establish rights and responsibilities for international trade deals.
8. Use innovative methods to improve the quality and effectiveness of teaching and professional training in the field.
9. Develop competitive project proposals to take part in nationally or internationally announced research initiatives based on personal research findings.
10. Develop project applications for programs operated by state, non-state, non-profit, and international organizations.
11. Organize and oversee production and associated economic processes (where applicable to foreign economic activities).
12. Optimize organizational structures of enterprises and units; plan staff development; manage efficient use of human capital; design performance-based incentive systems.
13. Use economic principles to ensure productive use of resources and labor in companies involved in international trade.
14. Develop and implement mathematical, informational, and simulation models related to both theoretical and practical topics in the field.
15. Assess the economic efficiency of international projects; prepare and analyze sectoral and industry financial and statistical reports.
16. Develop strategic plans for foreign-trade relations across sectors and industries; create conceptual and theoretical models for unresolved economic issues; convert research findings into practical recommendations and implementations.
17. Perform economic (regulatory) analysis of normative-legal documents related to foreign economic activity.