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On Could 19, Byblos Financial institution Armenia and Yerevan State College signed a memorandum of cooperation to determine a framework for the Financial institution to supply scholarships and tuition reimbursement to fifteen high-achieving college students.
The mission is being carried out 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.
Specifically, through the 2023-2024 tutorial 12 months, 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 shall 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 no less than 5 college students of the YSU College of Economics and Administration.
The memorandum was signed by Chief Government 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 geared toward enhancing the scholars’ competencies and sensible expertise, in addition to serving to them stand out in a aggressive job market.
In accordance with Byblos Financial institution Armenia CEO Hayk Stepanyan, the Financial institution attaches nice significance to the event of schooling in Armenia.
“The aim of this cooperation with YSU is to supply younger individuals with the mandatory information and expertise to construct their careers within the monetary and banking system. We look ahead to 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 schooling.
“This type of cooperation, through which companies become involved within the instructional 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 even 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 workers along with numerous college officers and visitors. The scholars participated in a Q&A session on the spot and mentioned trade developments with the Financial institution’s workers 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 instructing 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 12 months and can introduce numerous proposals and initiatives all year long.
Byblos Financial institution Armenia CJSC was based and opened the doorways of its first department in 2007. Immediately, the Financial institution has 4 branches in Yerevan the place clients can use varied banking companies and obtain monetary recommendation. The Financial institution supplies its clients corporate-retail banking companies that meet the best worldwide requirements.
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