Bishkek Academy of Finance and Economics

BAFE’s mission – to promote the society ( in promotion to the society) in development market institutions by preparing competent personnel in the fields of finance, economics, business, and conduct applied research. BAFE is a private higher educational Institution, established in 1994 to provide education and managed by a Board of Founders. This is a modern, dynamically developing higher educational institutions providing personnel training in the field of economics and business. 1500 students are studying at BAFE nowadays, and there are trainings on following directions: ·Undergraduate – Economics; Management & Tourism; ·Masters- Economics; Management, Tourism; ·Specialty – Finance and credit; Accounting, analysis and audit; ·Doctorate (PhD) – Management, Economics BAFE has got the first public institutional accreditation in Central Asia from CAMEQ (Central Asian foundation for management development, European foundation for management development) and awarded with golden diploma by CAMEQ in 2005. BAFE is a pilot university of Kyrgyz Ministry of Education and Science on the implementation of reforms in the higher education system. Some projects were implemented at BAFE since 2005, which were aimed to: - Development of two cycle undergraduate and masters programs, - Introduction of ECTS and Diploma Supplement, - Introduction of competency-based approach on methodology TUNING, - Development of Career Centers, - Development of academic mobility of students and stuff, - Building internal systems of quality assurance and accreditation of the university, - Development of PhD programs. BAFE has wide spread partner connections with government agencies, employers, community organizations, as well as with universities in Europe, Asia and USA. BAFE signed of Magna Charta Universitatum, Bologna, Italy in 2010. Academy has taken major steps towards Bologna Process in recent years. The academy has a membership of the Bologna Academy Club, KADO, CAMAN etc.