Bank of Baku has established Laboratory of Finance & Accounting at Qafqaz University

Baku, Fineko/abc.az. The official opening of the Laboratory of Finance & Accounting commissioned with the support of Bank of Baku has been held at Qafqaz University. The opening ceremony was attended by the Bank’s management as well as teachers and students of the university.
BoB chairman of board Farid Huseynov stated that education plays an important role in the modern world and expressed confidence that teachers, professionals and students will make good use of the new laboratory.
In turn, university’s rector Ahmed Sanich spoke about the measures that are being implemented to improve the education system at the university.
The lab is equipped with modern computers and electronic scoreboards, as well as the print and electronic resources for such programs as ACCA, CIMA, and CFA. Seminars for the respective programs will be held in the lab. The lab is designed for students of the Faculty of Economics, will play an important role in the training of high level specialists. Lectures will be delivered by professors and lecturers of the University.
Bank of Baku and Qafqaz University have been cooperating fruitfully for many years. Last November the two sides signed an agreement on cooperation. The main purpose of this document is to use the knowledge and experience of the Bank at the university and attract students to the activities of the BoB. Under this agreement, 11 students studying at the university are given monthly stipend.

Nicat Yusifov

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