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On Could 19, Byblos Financial institution Armenia and Yerevan State College signed a memorandum of cooperation to ascertain a framework for the Financial institution to offer scholarships and tuition reimbursement to fifteen high-achieving college students.
The undertaking is being applied as a part of a sequence of occasions celebrating the fifteenth anniversary of the Financial institution, with the university-employer partnership and cooperation on initiatives of widespread curiosity on the coronary heart of it.
Particularly, throughout the 2023-2024 tutorial yr, 10 college students within the third and 4th years of their bachelor’s program and people engaged on their grasp’s levels on the YSU College of Economics and Administration, in addition to associated disciplines, will obtain a nominal scholarship of AMD 1 million every, whereas 5 others will get tuition reimbursement. As well as, 5 of these college students might be concerned in a practicum program at Byblos Financial institution Armenia, with the opportunity of enrolling with the Firm sooner or later. All through the next years, too, the Financial institution will present scholarships to a minimum of 5 college students of the YSU College of Economics and Administration.
The memorandum was signed by Chief Govt Officer at Byblos Financial institution Armenia Hayk Stepanyan, YSU Rector Hovhannes Hovhannisyan and Dean of the College of Economics and Administration Hayk Sargsyan. The partnership seeks to help, promote and implement packages aimed toward enhancing the scholars’ competencies and sensible abilities, in addition to serving to them stand out in a aggressive job market.
In response to Byblos Financial institution Armenia CEO Hayk Stepanyan, the Financial institution attaches nice significance to the event of training in Armenia.
“The aim of this cooperation with YSU is to offer younger folks with the required information and abilities to construct their careers within the monetary and banking system. We sit up for seeing nice outcomes coming from this collaboration and hope to welcome YSU graduates in our ever-growing pool of expertise sooner or later,” mentioned Hayk Stepanyan.
YSU rector Hovhannes Hovhannisyan famous the significance of the cooperation and the alternatives that include it, and mentioned that the efficient connection between the college and the labor market is likely one of the ensures for the event of training.
“This type of cooperation, during which companies get entangled within the academic course of and contribute to the preparation of certified, skilled personnel, is likely one of the finest manifestations of communication that one can think about. It’s noteworthy that scholarships to be offered by our companions won’t solely function monetary assist, however may also encourage our college students to do higher and obtain success,” Hovhannes Hovhannisyan famous.
Current on the signing ceremony have been college students and Financial institution and YSU staff along with quite a few college officers and company. The scholars participated in a Q&A session on the spot and mentioned business tendencies with the Financial institution’s staff and the managing employees.
The perimeters agreed on the group of joint initiatives and the Financial institution’s participation in college occasions, the involvement of the educating employees and college students in research and different actions initiated by the Financial institution, in addition to the implementation of joint analysis initiatives on points associated to the monetary and banking sector.
Byblos Financial institution Armenia CJSC is celebrating its fifteenth anniversary this yr and can introduce quite a few proposals and initiatives all year long.
Byblos Financial institution Armenia CJSC was based and opened the doorways of its first department in 2007. At present, the Financial institution has 4 branches in Yerevan the place prospects can use numerous banking companies and obtain monetary recommendation. The Financial institution offers its prospects corporate-retail banking companies that meet the very best worldwide requirements.
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