French University in Armenia launching new bachelor program on banking and insurance businesses

YEREVAN, May 29. /АРКА/. French University in Armenia will launch a new four-year bachelor program on finance in banking and insurance businesses in the next academic year, Jean-Jacques Montois, the head of the university, told journalists on Thursday.

In his words, up to 60 students will be enrolled for the new curricula, who will be employed by banks and insurance companies.

Montois said that development of Armenia’s banking sector give grounds for thinking that Armenia has all chances to become a regional financial center.

He said that the main aim of the university is to create French-speaking elite that will work in Armenia and cooperate closely with France.

Montois stressed that 80% of the university’s graduates are employed in Armenia, and 30% of them are working at the country’s banks.

Samvel Chzmachyan, chairman of the Union of Banks of Armenia, on his side, said that the French banking system is reckoned among most developed in the world and that its experience will be very useful for Armenia.

He also said that the union is ready to organize students’ visits to banks for training. Banks’ specialists will give master classes for the university’s students.

June 20 is the deadline for submitting applications, and the first exams on mathematics and Armenian and foreign languages are scheduled for June 23.

Annual tuition fee is 580,000 drams. Some 10% of students will be studying for free, and the list of the student exempted from paying tuition fee will change later depending on their performance.

The new program is to be launched as part of the Armenian-French intergovernmental cooperation under the support from the Union of Banks of Armenia and the Central Bank of Armenia and with partnership with ACBA-CREDIT AGRICOLE BANK. ($1 – AMD 413.37).–0–

spot_img

POPULAR

Euro, dollar, and ruble exchange rates against the Armenian dram rose after declining in previous days: Central Bank

The average market exchange rate for the US dollar against the Armenian dram, determined on the Armenian foreign exchange market, increased by 0.05 points on September 3, 2026, compared to September 2, to 364.19 drams.

IMF identifies barriers to attracting private investment in climate projects in Armenia – report

Significant gaps in climate risk management, ESG competencies, information disclosure, and climate data continue to limit private sector investment in Armenia, according to the International Monetary Fund's "Armenia: Climate Policy Diagnostic - July 2026" report, published on September 3, 2026.

“Unisport” Advances to the Main Round of the UEFA Futsal Champions League

Armenian champions and cup winners "Unisport" have secured a place in the main round of the UEFA Futsal Champions League after recording three consecutive victories in the preliminary round of the tournament.

Euro and ruble exchange rates against the Armenian dram fell, while the dollar rose: Central Bank

Euro and ruble exchange rates against the Armenian dram fell, while the dollar rose: Central Bank

IDBank Warns of a New Extortion Scheme on Telegram

A new scam technique is becoming widespread in the Russian-language segment of Telegram, including among users in Armenia.

LATEST NEWS

spot_imgspot_imgspot_img