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Profession Economist

CONTENT
ABOUT THE PROFESSION

An economist is a specialist in the implementation of economic activity of the enterprise, whose work is aimed at increasing the efficiency and profitability of production, product quality and development of new species, achieving high-end results with optimal use of material, labor and financial resources. The profession of “economist” is regulated in Ukraine, which is confirmed by the provisions of laws of Ukraine, bylaws. Today in Ukraine, the professional status of a specialist corresponds to several qualifications: leading economist, category I economist, category II economist, economist.

The Ukraine Supreme Legal Council is the national registration body that regulates the procedure for access to the profession in Ukraine. As of today, registration at the USLC and vocational education are required for the following professions: economist, economist-demographer, analyst, budgeting specialist, economist in accounting and business analysis, economist in contract and claims work, economist in logistics etc.

ACCESS TO THE PROFESSION IN UKRAINE

Economic education is a part of the state-controlled system of specialized education that provides training for economists. Thus, training is provided for economic services, enterprises and special economic organizations (financial, banking, statistical, auditing, marketing), as well as the formation of the required minimum of professional economic knowledge of specialists in various sectors of the economy and a wide range of employees.

The structure of education of an economist in Ukraine includes: incomplete higher education, higher education, complete higher education, postgraduate education. Legal bases of activity of economists are defined by the Constitution of Ukraine, laws of Ukraine “About education”, “About higher education”, the National classifier of Ukraine “Classification of types of economic activity” DK 009: 2010, the National classifier of Ukraine: “Classifier of professions” DK 003: 2010 and other normative -legal acts.

Acquisition of economic education in Ukraine is carried out at the following levels and corresponds to the following qualification levels of the National Qualifications Framework (NQF):

  • initial level (short cycle), corresponds to the fifth qualification level of the NQF;
  • the first (bachelor’s) level, corresponds to the sixth qualification level of NQF;
  • the second (master’s) level, corresponding to the seventh qualification level of NQF;
  • the third (educational and scientific) level, corresponds to the eighth qualification level of the NQF;
  • scientific level, corresponds to the ninth qualification level of the NQF.


Obtaining economic education to master the profession of “economist” is carried out in Ukraine through the implementation of educational programs in the field of knowledge 05 “Social and Behavioral Sciences” specialty 051 “Economics” in “Economics” (Economics and legal support of business, Economic Cybernetics, Business Economics). Obtaining economic education at certain levels of higher education involves the successful implementation of the relevant educational program, is the basis for awarding the appropriate degree of higher economic education, namely: professional junior bachelor, junior bachelor, bachelor of economics; Master of Economics; Doctor of Philosophy in Economics; Doctor of Economics. 

A professional junior bachelor is an educational-professional degree obtained at the level of professional higher education and awarded by an educational institution as a result of successful completion of the educational-professional program by the applicant. The volume of the educational-professional program of a professional junior bachelor on the basis of basic secondary education (after 9th grade) is up to 240 ECTS credits, including 120 ECTS credits for the integrated educational program of specialized secondary education of professional orientation corresponding to knowledge and / or specialty.

A bachelor’s degree is an educational-professional degree obtained at the initial level (short cycle) of higher education and awarded by a higher education institution as a result of successful completion of an educational-professional program by a higher education institution, the amount of which is 120-150 ECTS credits.

The Bachelor of Economics is an educational degree obtained at the first level of higher education and awarded by a higher educational institution as a result of successful completion of an educational-professional program by a higher economic education applicant, the amount is 180-240 ECTS credits. 

Master of Economics – is an educational degree obtained at the second level of higher economic education and awarded by a higher education institution as a result of successful implementation by the applicant of higher education of the relevant educational program. The master’s degree in economics is obtained through an educational-professional or educational-scientific program. The volume of the educational-professional program of preparation of the master of economics makes 90-120 ECTS credits, the volume of the educational-scientific program – 120 ECTS credits.

The Doctor of Philosophy in Economics is an educational and the first scientific degree obtained at the third level of higher education on the basis of a master’s degree. The degree is awarded by a specialized academic council of a higher education institution or research institution as a result of successful implementation of the educational and scientific program and public defense of the dissertation. The volume of the educational component of the educational and scientific program of preparation of the doctor of economics makes 30 – 60 credits of ECTS.

The Doctor of Economics is the second scientific degree obtained by a person at the scientific level of higher education on the basis of the degree of Doctor of Philosophy in the field of economics and provides for the acquisition of the highest competencies in the development and implementation of research methodology. The degree is awarded by a specialized academic council of a higher education institution or research institution based on the results of public defense of scientific achievements in the form of a dissertation or published monograph.

A person who has successfully completed the relevant educational program and passed the certification is issued a document on higher economic education at the appropriate levels. An integral part of the bachelor’s and master’s degree is the appendix to the European diploma, which contains structured information about the completed studies.

ENSURING THE QUALITY OF ECONOMIC EDUCATION

The quality assurance system of architectural education in Ukraine consists of:

  • systems of providing higher education institutions with the quality of educational activities and the quality of education (internal quality assurance system);
  • systems of external quality assurance of educational activities of higher educational institutions and quality of education;
  • quality assurance systems of the National Agency for Quality Assurance in Higher Education and independent institutions for evaluation and quality assurance of higher education.


More detailed information on the national system of higher education can be found on the website of the Ministry of Education and Science of Ukraine.

GUIDE TO THE REGULATION OF THE ECONOMIST'S PROFESSION IN UKRAINE

To ensure the proper functioning of the “economist” as a profession in Ukraine, the Verkhovna Rada of Ukraine, the Cabinet of Ministers of Ukraine represented by the relevant ministries, namely the Ministry of Education and Science of Ukraine, the national registration body represented by the High Council of Lawyers of Ukraine, unions and independent governments organizations whose main activity is to assist economists in carrying out their professional tasks. In addition to the general, the profession is regulated by specialized laws, where the regulatory bodies are also the Union of Economists of Ukraine, regional associations of specialists.

 

The professional status of specialists is confirmed by belonging to a specialized category, after receiving higher economic education and ensuring compliance with professional qualification requirements:

 

Leading economist: complete higher education in the relevant field of study (master, specialist). Experience in the profession of economist of the I category – not less than 2 years;

economist of the I category: full higher education of the corresponding direction of preparation (master, specialist); for a master’s degree – without work experience requirements, for a specialist – work experience in the profession of a category II economist – not less than 2 years;

economist of the II category: full higher education of the corresponding direction of preparation (specialist). Experience in the profession of economist – not less than 1 year;

economist: complete higher education in the relevant field of training (specialist) without work experience requirements.

Acquired economic education gives the person / holder of the relevant diploma the right to be recognized as a specialist in economics. In order to obtain the status of an economist, a person performs a number of actions, the list of which includes the primary registration in the HCJ.

 

Registration in the USLC is a procedure according to which a person who has successfully completed the educational program and mastered the key criteria for mastering the profession, has the right to apply to the registration authority for official registration of their professional status in Ukraine.

 

The USLC, as a registration body, conducts a relevant inspection of the documents submitted by a person for their compliance with current legislation and establishes a fact that has legal significance, namely, provides REGISTRATION OF PROFESSIONAL STATUS.

WHY IS IT NEEDED?

As of 2016, there was no single registration body in Ukraine that would provide a proper service on the confirmation of professional competence in the relevant professional field, registration of proper legal registration of relevant rights and reflection of the disciplinary status of the person to be decided.

HOW DOES IT WORK?

Performance of functions of the registration body is provided by formation of the uniform structured base (Register) on a professional direction for the purpose of establishment of a universal way of confirmation of the declared information during employment, training, internship, etc.

The data of the register reflect information about the candidate, obtained qualification, registered right of professional activity in Ukraine, form of activity, as well as other important information. The path of a person who has expressed a desire to become an economist is quite difficult and consists of a number of steps. Consider in more detail.


Step 1

Completion of school or college. Students can receive a full general secondary education in secondary and specialized schools, boarding schools, gymnasiums, lyceums, colleges and other general educational institutions with a third level of education. Complete general secondary education can also be provided by vocational and higher educational institutions of I-II levels of accreditation. Persons who have passed the state final attestation are issued a certificate of complete general secondary education. Graduates who have high academic achievements are awarded a gold medal – “For high academic achievements” or a silver – “For academic achievements” and receive a certificate of complete general secondary education with honors. Along with the certificate, an appendix to it is issued, which indicates the achievements of students in learning in points. 11th grade graduates who are not certified in at least one subject are issued a report card, in which such subjects are recorded “not certified (for)”. After graduation, graduates write an External Independent Assessment (a written exam in the form of testing in one or more of their chosen subjects required for admission to a higher education institution) in the subjects required for admission to a higher education institution. Subjects vary by the university itself, according to the requirements for admission.

Registration and preparation of external evaluation. Ensuring external independent evaluation is carried out by the Ukrainian Center for Educational Quality Assessment – in cooperation with local education authorities, regional institutes of postgraduate pedagogical education and educational institutions. A person who has completed or completed general secondary education in the current academic year and has registered in accordance with the established requirements may take part in the external assessment. To successfully register for an external independent evaluation, you must create and issue a registration card, create a set of registration documents and submit it to the person responsible for registration in the educational institution (for school leavers, students of vocational schools and colleges who are graduating this year. Complete general secondary education) or send it to the relevant regional center for quality assessment of education (for graduates of previous years).

The set of registration documents must contain:

  • issued registration card, the form of which is formed using a special service “Register”;
  • application for participation in an additional session;
  • a certified copy of the passport of a citizen of Ukraine;
  • a certified copy of the document on complete general secondary education (for graduates of previous years).
  • if necessary, other documents (medical opinion on the creation of special conditions for passing the external evaluation, a copy of the document on the change of name / surname, a copy of a notarized translation into Ukrainian of documents provided in a foreign language for registration).


The registration card must be generated using a special service “Register”. To enter the specialties related to the acquisition of architectural education, the faculties of higher educational institutions, it is necessary to pass the external examination in such subjects as Ukrainian language and literature, mathematics and history of Ukraine. For more information on conducting an external independent evaluation, see the link.

Getting results. The result of the EIT is reflected in the certificate of the established sample, which provides information about the completed items and points obtained. External evaluation results are credited as entrance exams to a higher education institution. The average score of the document on complete general secondary education is also taken into account during the competitive selection to the university.


Step 2

Principles of entry. The admission campaign to higher education institutions in Ukraine begins each year in June with an external independent evaluation of school graduates. Admission is based on available rating points, which are defined as the sum of points obtained by tests of external independent assessment, the average score of the certificate and additional points for outstanding academic achievements (winners of All-Ukrainian Olympiads, competitions of the Small Academy of Sciences, international competitions, etc.). Ukrainian entrants have the right to apply for admission to higher education institutions in paper or electronic form. Acceptance of documents from applicants usually continues during July.

Collection and submission of documents. After the person has decided on the educational institution, it is necessary to submit a package of documents for obtaining the appropriate educational and qualification level, namely:

  • Statement of the established sample (in paper form)
  • The document of the state sample on full general secondary education (the document on the received educational and qualification level) and the appendix to it
  • EIT certificate, with scores on subjects required by the university for admission
  • Six color photos measuring 3×4 cm
  • Document certifying the identity and citizenship of the entrant + copies of 1, 2 and pages with a residence permit
  • Copy of identification code
  • Military card (or certificate of enrollment in the conscription station) for male entrants
  • Documents entitling to benefits
  • Preparation of entrance examinations


Enrollment. Admission of entrants to study at the expense of the state budget and at the expense of individuals takes place in the first half of August. The conditions of admission to higher education institutions approved by the Ministry of Education and Science can be viewed at the following link.


Step 3

Training and internship. While studying at a higher educational institution, a person may undergo an internship in private and public organizations and structures.


Step 4

Obtaining a diploma. A person who has successfully completed the relevant educational program and passed the certification is issued a document of higher architectural education at the appropriate levels. An integral part of the bachelor’s and master’s degree is the appendix to the European diploma, which contains structured information about the completed studies.


Step 5

Professional certification of an economist.

To carry out professional economical activities, a person must obtain a certificate of qualification level. The certificate of the specialist is issued after special preparation and acquisition by the candidate of certain experience of work in the field of economics.

Professional certification of economist is carried out by the central body of executive power, which implements the state policy in the field of economics. Powers to conduct professional certification may be delegated to self-regulatory organizations in the field of economic activities.

Citizens who have obtained higher education at the educational and qualification levels of bachelor, specialist, master in the field of professional attestation in accordance with the qualification requirements and have at least three years of work experience in the specialty are admitted to professional certification.

Citizens who have received the appropriate qualification certificate may perform certain types of work (services) related to the creation of an economist object without a license, have a personal seal and are responsible for improper performance of works (services), the right to perform which is determined by the qualification certificate, and violation of the requirements of legislation, building codes, standards and regulations.

Algorithm of registration for professional certification.

The candidate must choose the direction of certification (professional certification):

Ensure compliance with the qualification requirements for obtaining an economist’s certificate, namely: citizens who have obtained higher education at the educational and qualification levels of a specialist, master in the field of professional certification, have at least three years of experience in professional specialization are admitted to professional certification;

Send a package of documents by e-mail (in case of prior agreement) or by mail to the Certification Architectural and Construction Commission:

– a copy of the passport, certified by the signature of the owner;

– a copy of the TIN(Taxpayer Identification Number), certified by the signature of the owner;

– a copy of the employment record book, certified by the signature of the head and the seal of the organization of the actual place of work;

– copies of diplomas of education, awards, prizes, certificates, certified by the signature of the owner;

– on advanced training during the last five years in the relevant programs in the field of professional certification (illustrations of creative works in A-4 format, a brief report on creative achievements with a list of creative works);

– application for professional certification;

– description of documents.

Make payments to the State budget:

– payment for passing the exam – UAH 1,600 (Details for payment for passing the exam);

– payment for the certificate form – UAH 960 (Details for payment for the certificate form).

The submitted documents are considered and the decision to issue a qualification certificate or to refuse to issue it is made within a month. The date and time of preparation for the professional certification of Economists will be announced in working order by e-mail and by phone.

Citizens who have passed the professional certification are issued an appropriate qualification certificate.

The validity of the qualification certificate for persons who do not have a break in work in the specialty for more than three years and improve their skills in accordance with the law at least once every five years is not limited.


Step 6

Registration in USLC. The person fills in the application for registration of the established sample and the questionnaire. After that, the HCJ provides a list of documents that need to be scanned. The application is processed by specialists within 10 working days, as a result the conformity and authenticity of the submitted documents is established by the Department of Registers, which provides support in order to include the person in the relevant Register in the relevant professional field.

Inclusion in the register and creation of an office. Confirmation of registration of the economist is the document Registration Authority Certificate. The next step is to include a person in the Register and create an electronic office of a professional, with the provided access keys. The result of the inclusion of the economist in the ERDPS is a document: Certificate of Registration Professional Status.


Step 7

Certification training. Courses and advanced training contribute to the development of professional skills in the field for future economists. At the courses you can get a diploma, certificate or certificate of advanced training. In addition, the profession profile requires skills and abilities to work with specialized computer programs.


Step 8. Access to a specialized profession
HOW TO GET ACCESS TO THE PROFESSION ABROAD?

The conditions of access to the profession are determined by the provisions of the national legislation of each state. In order to practice law abroad, it is necessary to confirm the obtained educational qualification and ensure compliance with the additional requirements of the selected country.

Labor or educational immigration is accompanied by the need to ensure compliance, for example, with the requirement of recognition of education received abroad, passing a qualifying examination or having professional experience. The result that indicates access to a regulated profession is obtaining a permit – a certificate confirming the right of a person to conduct professional activities or a license to engage in practical activities. There is a general process of access to the regulated profession, which aims to obtain such a document.

Preparatory stage.

Each country has a Registration Authority that issues permits, ensures that candidates’ qualifications meet educational and professional standards, and coordinates qualification and state exams. The first step to obtaining a permit to carry out a professional activity is to select a person of the country, to get acquainted with the requirements for the regulated profession and to determine the Registration Authority regulating its activity.

When applying to the Registration Authority, a person fills in and submits an application form for obtaining a permit to carry out professional activities. After that, the candidate will be provided with a list of documents required for submission to obtain a permit to carry out professional activities. The first point will be the provision of recognized educational documents obtained abroad.

Verification. Recognition of education.

The process of verifying educational documents is an important step in gaining access to a regulated profession. The procedure is carried out by the Verification Organizations or their authorized structural subdivisions. Paying attention to the fact that each country has its own Verification Organizations, we suggest you read their list at the link ENIC-NARIC.

Verification, as a procedure, includes verification of such documents as diplomas, documents on postgraduate education, certificates of advanced training. In addition, information on the experience gained and other documents related to professional activities are checked.

In order to carry out the procedure, the Verification Organization needs certificates and documents containing information on the content and duration of education within which the foreign educational qualification was obtained. List of documents required for submission to the Verification Organization:

  • application for recognition of educational documents;
  • document on education (with an apostille stamp and translation into the state language of the country, notarized copies);
  • appendix to the document on education (with an apostille stamp and translation into the state language of the country, notarized copies);
  • other documents confirming the professional experience of the specialist;
  • identity document.


A person can submit documents by sending the originals by mail, or ordering such a service online. For online verification, documents (scanned copies of originals) can be uploaded to a private electronic profile. After downloading, the candidate is sent an invoice to pay for the service or, in the case of mailing, the documents are sent together with confirmation of payment.

Recognition of education received abroad is a confirmation by the Verification Organization of the quality of foreign educational qualifications. The process aims to determine the equivalence of educational programs by establishing the authenticity of documents, confirming the status of the educational institution, educational program.

To comprehensively verify and establish equivalence, a foreign verification organization makes a request to the National Information Center for Academic Mobility of Ukraine to determine the fact of education, status and level of accreditation of an educational institution, generalized average score, comparison of curricula, etc. As a result, the Verification Organization issues a conclusion recognizing foreign education as equivalent to the country’s educational standards. In case of non-compliance of certain items, the document confirms the information about the differences of educational programs, which should be compensated by additional training or courses.

Confirmation of speech competence.

After successfully obtaining the conclusion of the Verification Organization on the recognition of education and establishing its equivalence, the conclusion of which is transmitted to the Registration Authority, the next step is to confirm knowledge of a foreign language of a certain level. The list of language exams, their structure, cost, dates and the possibility of preparing for them can be found at the link.

It should be noted that the Registration Authorities have set certain requirements, such as a minimum passing score. In addition, the results of some international language exams are valid for a limited time.

Passing the qualifying exam.

The qualifying examination aims to test the professional competencies of the candidate required for practical skills. Such an examination is intended to assess the level of preparation of the candidate for his professional activity.

In addition, other requirements of the Registration Authority may include: a test of knowledge of the laws of the country, practical experience for a certain period, a certain number of hours worked, a license to operate in the country of origin of the candidate, and so on.

Access to the profession.

The result of confirmation of successful fulfillment of the necessary requirements of the Registration Body is the issuance of a permit for professional activity. This stage is accompanied by finding an employer and obtaining a visa or work permit.

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