Ukrainian Academy of Banking of the National Bank of Ukraine is a state-owned higher educational institution within Sumy State University since 2015 (under National Bank of Ukraine before) of the IVth level of accreditation. It is located in the city of Sumy, in the north-eastern part of Ukraine.

The academy offers degrees in economics and law.

History

The Ukrainian Academy of Banking was founded on February 12, 1996 according to the decree of the Cabinet of Ministers of Ukraine. With the support of the National Bank of Ukraine and its Board, the academy created a material and technical base of the European type for the training of students: three educational buildings with a total area of 35,000 sq.m. It includes two fully renovated historical buildings for the Law Faculty, Faculty of Banking Technologies and the main building (Faculty of Accounting and Finance). The academy's telecommunication systems and network technologies include computer equipment, software and hardware, electronic turnstile gates, new telephone communication systems, an open Wi-Fi network and other projects.

Academy’s logo

In the center of the academy's logo is the Hryvnia (large silver ingot or bar which served as a monetary unit in the ancient Kievan Rus' and in Eastern Europe). The Hryvnia is surrounded by 4 letters "УАБС" – a Ukrainian abbreviation of "the Ukrainian Academy of Banking". At the top of the logo is a coat of arms of the town Sumy in the form of three bags.:File:Sumy-COA.PNG At the bottom of the logo is the year of the academy's foundation – 1996. On both sides of the logo there are Griffins - mythical winged creatures with the body of a lion, who are supposed to search, find and protect treasures. The logo of the National Bank of Ukraine:File:National Bank of Ukraine (emblem).gif also has the Hryvnia surrounded by Griffins. Thus, the academy is a treasure of the town Sumy, which is under the auspices of the National Bank of Ukraine.

Faculties, departments and structural subdivisions

The structure of the Ukrainian Academy of Banking includes three faculties: Law Faculty – trains law specialists (with specialization in banking and economics). Faculty of Banking Technologies – trains specialists in the following fields: “Banking”, “International Economics” and “Economic Cybernetics”. Faculty of Finance and Accounting – trains specialists in the fields of "Accounting and Audit", "Finance and Credit" and "Management of financial and economic security".

Each faculty trains specialists according to a degree system of education: bachelor, specialist and master degrees. Such system contributes to the effective training of modern banking specialists and ensures the continuity and quality of education.

The training is conducted by 14 departments: Banking,Department of banking Finance, Accounting and Audit,The Chair of Accounting and Audit Management,The Chair of Management Theoretical and Applied Economics,Кафедра теоретичної і прикладної економіки Economic Cybernetics,Кафедра економічної кібернетики Higher Mathematics and Computer Science,Кафедра економіко-математичного моделювання та інформатики International Economics,The Chair of International Economics State Law,The Chair of State and Law Civil and Banking Law,Department of Civil Law and Banking Law Criminal Law,Кафедра кримінально-правових дисциплін Humanities,The Chair of Humanities Foreign Languages,Кафедра іноземних мов Physical Training.Department of Physical Education

The educational process is organized with the use of modern educational technologies. They include practical training at the bank "AkademBank",training the specialized class-room of dealing operations, the training company, internet center, Networking Academy CISCO, etc.

The academy has corresponding structural subdivisions, which ensure its educational, scientific, organizational, cultural and educational activities.

In 2009 was opened the Scientific Library of the Ukrainian Academy of Banking. Its area is 8,030 sq.m. The academy's library is a multifunctional educational, informational, scientific and socio-cultural center, with a stock 145 thousand copies. Its users have 200 seats and 140 automated workstations. The library has implemented modern radio-frequency technologies for customer servicing. The Polish- Ukrainian Сenter and the European Union Information CenterInfo EU function on the basis of the library.

The academy has its own medical center, with 11 doctors, physiotherapy, massage, diagnostic and infusion suites, as well as the rooms of functional and ultrasound diagnostics, a therapeutic swimming pool and a medical laboratory. There are first-aid medical centers at the hostels and educational buildings for students and staff.

The academy's sports and recreation complex includes a Universal Athletics Center with a total area of 11586 sq.m., which by the Decree of the Cabinet of Ministers of Ukraine was granted the status of an Olympic training center, and an "Olympic" Hotel. There are 11 gyms, a swimming pool, tennis court and specialized sports grounds.

Students from other towns are provided with three hostels, all of which are linked to the Intranet (local network). Each educational building and hostel has functioning canteens and buffets, gyms and sports facilities. For students’ recreation there is a Students' Park.

The academy has its own information and publishing department, which publishes scientific conference reports, monographs, educational textbooks and manuals.

Student life

The life of the academy's students is filled with scientific, cultural and sport events.

The Ukrainian Academy of Banking has a youth scientific sector and 29 research circles functioning at the departments. All-Ukrainian scientific student conference "Problems and development prospects of Ukraine's financial system: a look into the future" is annually held the academy. Students win prizes in the national competitions and conferences; receive scholarships from the National Bank of Ukraine, the Cabinet of Ministers of Ukraine, and the Sumy Oblast State Administration.

The academy has student clubs, in which young journalists get involved in the publication of the student newspaper "AkadeMix" and the activities of the student TV studio "Zachet TV", while poets meet in the literary club "Waves of words". Students take part in the activities of the volunteers club, dramatic actors perfect their skills in the theatrical studio "Kurazh". Very popular among students is a club of intellectual games, debating society “Dumka”, student Team of the Funny and Inventive "Cartouche" and other creative associations.

A student self-government committee and a student union organization have become a real school of leaders.

The academy offers opportunities for students’ self-realization in sport: a professional athletics arena, 11 gyms, a modern swimming pool, tennis courts, sports grounds, sports club of "Volodymyr Holubnychy", women's futsal team of the Ukrainian Academy of Banking,Жіночий футзальний клуб "УАБС НБУ" (м. Суми) and 20 sport clubs. On a regular basis the academy organizes competitions for the "Cup of the Rector of the Ukrainian Academy of Banking" in different kinds of sports: mini-football, basketball, volleyball, handball, table tennis, bench press, swimming and others. Among the academy's students there are many sports stars – champions of the World, Europe and Ukraine, champions of the World Student Games, winners of other prestigious competitions, including:

Polina Rodionova - archer, world champion in archery (13–20 October 2013, Wuxi, China), silver medalist of the World Indoor Archery Cup (25 February - 3 March 2014, Nimes, France), Champion of Europe (15–21 July 2013, Bucharest, Romania);

Vita Semerenko - biathlon bronze medalist of the XXII Olympic Winter Games in Sochi (2014), five-time winner of the World Championships in biathlon, the World Cup winner, five-time European champion in biathlon, participant of the 2010 Olympic Games in Vancouver;

Yevhen Hutsol – track and field athlete, participant of the World Championship in track and field athletics (March 7–9, 2014, Sopot, Poland), where he set a new national record of Ukraine (3,08,79).

Achievements and awards

According to the rating of the Academy of Sciences and Higher Education of Ukraine the Ukrainian Academy of Banking is among the top ten of the country's economic universities. According to the rating of universities "Top 200 Ukraine" the academy is included in the list of top 200 universities in Ukraine as evidenced by its awards:

2000 – the academy joined the top 10 of the best economic universities in Ukraine and received a diploma in the rating of popularity and quality "Rating of higher educational institutions of Ukraine - 2000". 2001 – the academy became the prize-winner of the International Academic Rating of popularity and quality "Golden Fortune". 2002 - At the International fair of educational institutions “Modern education in Ukraine – 2002” the academy was awarded with the silver medal and the diploma “For considerable contribution to the development of the national educational system”. 2003 - the academy was awarded with the gold medal by the Physical education and Sports Committee of the Ministry for education and sciences of Ukraine for the considerable contribution to physical training and sports development. 2004 - At the VII International fair of educational institutions “Modern education in Ukraine – 2004” the academy was awarded with the bronze medal for “Significant contribution to the modernization of the national educational system” in the nomination “Innovative pedagogical technologies in the educational process”. 2005 – the academy was awarded with the bronze statuette for being one of the best National institutions of higher education. 2006 – the academy won the Cup of the Ukrainian Student Sport Association and was awarded with the Honorary Diploma of the Committee for Physical Education and Sport of the Ministry of Education and Science of Ukraine for the organization of physical education and sport at higher educational institutions. 2007 – the academy received a Transitional Cup for awarding the best athletes from the President of Ukraine, Viktor Yuschenko. 2008 - the academy won in the regional contest “100 top Ukrainian products” in the nomination: “Rendering of educational services” and received awards among 115 best Ukrainian enterprises, businesses, organizations and institutions of higher education. 2010 - In 2010, the Ukrainian Academy of Banking received a prestigious award - a statuette and diploma for winning the All-Ukrainian competition "NSMEP - 10 Steps to Success" in the nomination "Special Award of the National Bank of Ukraine for the contribution to the project "Electronic Student Card". 2011 - the academy became the winner of All-Ukrainian competition "The best university for the training of specialists in the banking and financial sector - 2011" in the nomination "The best university according to the quality of retraining of specialists for the banking and financial sector in Ukraine". 2012 - the academy received the award of the all-Ukrainian competition "The best university for the training of specialists in the banking and financial sector - 2012" in the nomination "The best university according to the quality of training and retraining of banking employees". 2013 – the academy became the winner of the third All-Ukrainian competition "The best university for the training of specialists in the banking and financial sector according to the “Banker” magazine" in the nomination "The best university for the training of graduate and doctoral students".