The American University of Armenia reaffirmed its commitment to developing the study and practice of quantitative economics in Armenia at the public launching of its new Master of Science (MS) in Economics program on February 7. During the Open House, the program was introduced to prospective students, finance professionals and the broader community. “AUA is proud to do what we can to improve the state of quantitative economics, econometrics, and economic modeling in Armenia,” said AUA President Dr. Bruce Boghosian, emphasizing the significance of the new program, specifically designed with Armenia’s needs in mind. “It is with these goals in mind that this program has been developed. We see it as a natural priority to build this kind of human capacity in Armenia, and a central component of Armenia’s economic future.” The new program, devised by AUA with the cooperation and encouragement of the Central Bank of Armenia (CBA), will prepare students for careers and advanced studies in a wide range of fields in economics. Career options may include sectors such as public and private banking, insurance, consulting, quantitative analysis, and others. CBA’s new center in Dilijan will provide internship and job opportunities for students, as well as engage students and graduates in extensive research and policy analyses projects under the guidance of prominent international and senior CBA researchers and policy makers. The February 7 event served as an opportunity to welcome Dr. David Blake, the recently appointed Interim Dean of AUA’s College of Business and Economics. Dr. Blake has joined AUA from the University of California, Irvine, where he previously served as Dean of the Paul Merage School of Business. Following opening remarks, Director of Admissions Arina Zohrabian highlighted AUA’s mission as an American institution of higher education, stressing the university’s principles and values. Zohrabian also presented the targeted learning outcomes of the program and practical applications of a Master of Science in Economics degree, underscoring the theoretical knowledge, quantitative skills and analytical abilities students will gain. After a brief reception, prospective students gathered for a detailed presentation about the university as whole, as well as the structure of the Master of Science in Economics program. AUA’s Financial Aid Coordinator Gayane Davoyan described financial assistance and scholarship opportunities, while Admissions Coordinator Karina Satamyan outlined the application process. The 15-month program is a division of the AUA College of Business and Economics and is scheduled to begin in Summer 2013. For updates and information, please send inquiries to This email address is being protected from spambots. You need JavaScript enabled to view it. .

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