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The School of International Economic Relations (SIER) is one of the most prestigious schools of the University. It trains economists-managers in the following majors: “World e conomics (specializations: Management of f oreign e conomic a ctivities and International i nvestments), Business a dministration, Economic theory (specialization: Economic p olicy) and Economics. Established in 1992, the school enjoys the best experience in training specialists in world economics and international economic relations in the country. It educates over 1300 full-time and part-time students who are to comply with strict requirements in their professional field, computers and foreign languages. The School's graduates (about 200 specialists per year) acquire profound knowledge in micro- and macroeconomic analysis, international management and marketing; they are able to identify the patterns of the world market's infrastructure development and their functioning. In addition, future economists majoring in international affairs study accounting, payment transactions and insurance in foreign economic activities, small business performance, and information technologies. Much attention is paid to languages: students majoring in World economics and Business Administration master at least two foreign languages; students majoring in Economics and Economic t heory are provided with profound training in one foreign language. To facilitate mastering foreign languages, highly qualified teachers give classes in language laboratories with video equipment and satellite television. Graduates majoring in Management of foreign economic activities acquire special knowledge of the development mechanism of the world economics and foreign economic activities in the Republic of Belarus . They implement foreign economic relations in ministries, departments, public enterprises and banks. They work at exporting and marketing departments of numerous firms, in Belarusian diplomatic missions abroad, in forex departments of the biggest banks, at joint ventures, in representative offices of foreign firms and international organisations. Future specialists in International investments are trained to be capable of substantiating investment decisions in compliance with international standards, performing investment business planning and financial analysis, finding foreign investors and evaluating investment projects efficiency for foreign financing against state guarantees, defining prospects in developing foreign contacts, national investment infrastructure and equity market, participating in activities of organizations coordinating world investment processes, promoting favorable investment climate and maintaining investment security. The economist with this specialty can work for public administration at the regional and municipal level, in banks, financial companies, ministries and departments, economic departments of enterprises and organizations engaged in investment. Future specialists in Business a dministration are trained for managing and organizational work at enterprises and organisations operating on both national and international markets. Students study various aspects of national and international economies, master the technique of business administration. The economist majoring in Business Administration is a ready professional for public enterprises, private firms, and joint ventures, government bodies of regional and municipal administration. Within the framework of the specialty Economic theory students majoring in Economic policy study economic theory and various aspects of economic relations, master modern methods and tools of economic policies, theory and methodology of lecturing on economic subjects. Graduates are granted the qualification of an economist and lecturer on economic disciplines. The professional sphere of these graduates will be various ministries and departments, public agencies of regional and municipal administration, enterprises, scientific and research centres, secondary, specialized secondary and higher educational institutions. Graduates majoring in Economics are competent in analysis, economic projecting, managing organization, research. They acquire a unique qualification of an economic analyst. The distinctive feature of this specialty is a combination of a profound knowledge of economic theory, economic mathematics and languages. Students acquire fundamental training in modern economic theory; they study a wide range of mathematical disciplines indispensable for every modern economist, modern technologies of information processing, statistics, econometrics and mathematical economics. The high level of fundamental training is combined with a good knowledge of applied subjects: taxation, investment analysis and business-planning, risk management and insurance, banking, equity markets, etc. Specialists with the qualification Economic analyst are required at state administration bodies, various organizations, including consulting firms, foreign enterprises and joint ventures, analytical departments in banks, insurance companies, and research centers. The knowledge acquired allows graduates of the school exercising their professional activities in the fields like scientific research, managing organization, industrial supply, heuristic prognostics, teaching, and IT communications. The School employs experienced professors, associate professors and holders of the master's degree who studied in the leading educational institutions of the CIS and research centres of Great Britain, Germany, the USA, Austria, France, Italy. Foreign professors and practicing experts are invited to deliver lectures in foreign languages on various economic issues. Students studying French have an additional opportunity of obtaining, beside the BSEU diploma, a master's degree of the Paris Institute of Management in Sorbonne with major in International business: management and strategies. For this reason a French department was established at the school where economic disciplines are taught only in French by professors from France. The Ministry of Foreign Affairs of the Republic of Belarus, leading commercial banks, public and private enterprises interested in the development of foreign economic relations render their active assistance of the training process. The school organizes regular meetings between students and professors and leading diplomats from the embassies of the USA, Great Britain, France, Germany, as well as representatives of the International Monetary Fund, World Bank and other international organisations. Many of our students have been able to study or continue their studies in the USA, Germany, France, Austria, Ireland, Australia, Spain, Sweden, Canada, Italy, Poland, and China. The high level of language training at the School results in numerous victories of our students at national contests and awarded grants and internships abroad.
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