FEAS starts the implementation of ‘Meetings of Minds” Seminars

April 19th, 2013

FEAS starts the implementation of ‘Meetings of Minds” Seminars

FEAS starts the implementation of ‘Meetings of Minds” Seminars

The Faculty of Economics and Administrative Sciences started on April 16th, 2013 the implementation of the first session of “Meetings of Minds” Seminar. This seminar was held especially for graduated students working in different companies. Seminar`s topic was “Financial Crises and the Future of Companies” held by Assist. Prof. Dr. Urmat Ryskulov, Head of Banking and Finance Department.

“Although there are different view points on understanding the reason and causes of financial crisis in 2008, the seminar has revealed my view points on the causes and the consequences of the crisis to overall economy and its actors as companies” said Assist. Prof. Dr. Urmat Ryskulov.

The seminar`s purpose was demonstrating better understanding on how the financial crisis started and how people should understand it. The combination of complex factors that encouraged high risk lending and borrowing practices presented. How the activities and the decisions of the state officials may suspend to originate the problem of crisis. Finally, it has given hints for fighting crisis and how companies should make decisions and investment on regard to the government decisions. Moreover, it tried to give understanding on how companies should make decisions and how companies may benefit from the crisis.