University News



Research Seminar: “What Do We Know About Microfinance at Macro Glance?”

23/10/2014

Westminster International University in Tashkent is pleased to present a Research Seminar by Nargiza Alimukhamedova and Jan Hanousek to be held on Wednesday 29th October 2014, at 4pm, room IB 201.

Research Seminar:
“What Do We Know About Microfinance at Macro Glance?”
by
Nargiza Alimukhamedova and Jan Hanousek

Abstract

Motivated by a lack of empirical evidence of aggregate effects of microfinance on a broader economy, in this chapter we aim to identify the so-called “microfinance promise” by identifying the links between microfinance and economic growth, and financial sector development and reductions in income inequalities. Given that the majority of microfinance impact studies focus on finding the effect on a specific group of beneficiaries, we aim to identify the impact on whole economies, which is an important policy concern not previously addressed. To address heterogeneity across countries, we employ a novel approach by grouping countries into three broad clusters delineated by a set of macro-institutional determinants. We find evidence of a positive impact of microfinance on macroeconomic fundamentals and reductions in income inequality. The findings indicate a significant role of microfinance and its potential to affect broader economies in the long-term. However, the impact and transfer dynamics differ substantially across clusters determined by the macro-institutional environment. The microfinance effect is more pronounced in weaker environments and tends to “die out” when reaching more stable environments where formal institutions are strong.

Contacts:

The seminar is open to public! The seminar will take place at Westminster International University in Tashkent, 12, Istiqbol str. Tashkent, on Wednesday 29th October 2014, at 4pm, room IB201. Note that presentation and all questions are in English only. Also, note that to enter the university you must have your identity document. For additional information please feel free contact Temur Makhkamov at tmakhkamov@wiut.uz or call (+99871) 2387415


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Welcome to “Welcome Hours” on 30 October, 2014

16/10/2014

WELCOME+Westminster International University in Tashkent (WIUT) is pleased to invite you to an open-day event “Welcome Hours” on 30th of October, 2014, at 16:00.

“Welcome Hours” is organized by the staff and students of WIUT designed for all interested audiences ranging from future applicants, prospective students, parents, enquirers and general public. The event will provide the chance:

  • to explore the university campus through a guided tour
  • to communicate with students and staff members of WIUT
  • to attend a university presentation and get answers to all your questions

Please come to the New Entrance of the university located opposite Oriental Studies Institute (быв. бассейн им. Митрофанова).

In order to visit “Welcome Hours” please register using the following form:


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10th Anniversary Graduation Ceremony

13/10/2014

On the 10th of October 2014, Westminster International University in Tashkent (WIUT) celebrated the tenth, anniversary Graduation Ceremony. This year, 189 bachelor’s and master’s graduates were congratulated by their parents, fellow students, staff and the faculty of the university.

According to the tradition, the Graduation Ceremony was held in the spacious auditorium of the WIUT Hall. As is well known, every British university has its own academic clothes featuring its special colours. Dressed in robes bordered in blue and green, the graduates were presented to the WIUT Rector Abdumalik Djumanov and the official representative of the University of Westminster (London) Professor Erica Morgan-Tamosunas.

Westminster International University in Tashkent was established by the initiative of the President of the Republic of Uzbekistan in 2002 and became the country’s pioneer institution in the sphere of international education. Nowadays, as one of the seven international higher education institutions of the country, WIUT provides study programs in English language in such areas as management, economics, information technology and commercial law. This year the university admitted more than 800 new students, the total number of enrolled students reaching over 2 000. The university is unique in that it pays great attention to all-round development of students by actively engaging them in various cultural and social events, sports tournaments, which often attract public attention outside the walls of the institution.

Last year, as a result of comprehensive measures to improve the country’s youth’s access to the international higher education, with the support of the Government of the Republic of Uzbekistan, WIUT built and put into operation a new Teaching Block with spacious audiences equipped with modern ICT tools, multi-purpose Sports Complex and a new Learning Resource Centre. Beginning with the 2015-2016 Academic Year, the university plans to expand its portfolio of educational services with the introduction of new programs in areas of “Electronic Engineering”, “Finance”, “International Economics”, “Business Intelligence”, “Management Education” and “Methods of Teaching English”.

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For more photos from the event please visit Graduation Ceremony Photo Gallery.


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Pre-University Certificate of Completion Ceremony 2014

12/10/2014

DSC_6166++On 10th of October 2014 the annual Pre-University (CPFS) Certificate of Completion Ceremony was held at Westminster International University in Tashkent (WIUT). Organized by David Byers, Head of the Pre University course, the event was attended by the students, university staff and the representatives of SASOL International Energy in Uzbekistan, a key partner of WIUT.

During the Ceremony, 41 students were awarded Certificates for having completed two modules at CPFS Level 2: Basics of Quantitative Skills (BaQS) and Basics of English for Academic Purposes (BEAP). Being organized for the fourth year in a row, the Ceremony also aimed at congratulating new SASOL Scholarship winners.

Mr. Maarten Fopma, Financial Director from SASOL, gave a brief background to the South African company and stated that the company was very happy to collaborate with the university as part of its corporate social responsibility philosophy. The company awarded 5 new scholarships to the Pre-University students. On the occasion of this achievement, Lazizkhon Akramov, Mashurbek Muhammadjonov, Islomjon Tursunov, Ilyos Bektemirov and Iroda Ahmadova were congratulated by the Rector Abdumalik Djumanov.

Thanking the university staff for their contribution to the academic and social development of the students, Tolibjon Mustafoev (Certificate recipient and SASOL scholar) commended SASOL for their ongoing commitment to the university.

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Clubs Day at WIUT

09/10/2014

Clubs DayYesterday on 8th of October, never minding the surprisingly cold weather, WIUT students organized the traditional Clubs Day. This year, usually attracting mostly Level 3 and Level 4 students, more than 20 different clubs presented themselves in the backyard of the university. Among them Model United Nations (MUN), Drama Club, Medical Clowns Uz, Newspaper Club (West TV), KVN, Languages Club, Economics Club, Website Club, Tai Chi, Table Tennis, Guitar, Mafia etc.

Clubs’ main objective is to create additional opportunities for WIUT students to engage in social, sport and other extra-curricular activities. Yet, the managers of the clubs make sure that academic matters like lectures and tutorials are attended first, second being the club events. For this reason, most of the clubs’ schedules are within 16:00 and 18:00.

One of the active WIUT students Abdurashid Yakubov (Level 5, Business Administration) revealed some interesting information. For example, Medical Clowns Uz recruits students to become clowns in order to bring joy to children at orphanages and charity homes; Drama Club is the oldest, the most traditional among all the clubs and it is the 9th year that the actors and the coach Rozaliya Ivanovna are presenting the audience with their spectacular stage performances.


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