For the tenth time now, the National Bank of Slovakia has advertised a contest for the NBS Governor's Best Diploma Thesis Award. Diploma theses by EUBA's Faculty of Economics and Finance graduates have won all three places.
The contest was open to students studying at higher education institutions in Slovakia as well as to Slovak citizens studying abroad, who could submit for the competition their theses, particularly those dealing with monetary economics, macroeconomics and financial stability, of exceptional quality and providing an original contribution to scholarly knowledge.
The tenth edition of the award saw the first prize go to Denys ORLOV, graduate of the study programme Financial Markets and Investment at the Faculty of Economics and Finance, for his thesis entitled The Impact of Ukraine's Potential Membership in the European Union. The thesis examined potential effects of Ukraine's membership in the European Union on the country's economy. It has been estimated that Ukraine's accession to the EU in 2004 would have caused the GDP per capita in 2013 to be higher by almost 98 percent as compared to the actual GDP value. A higher per capita GDP would probably not have been achieved solely by increased exports. An absence of a clearly positive impact of EU membership on exports per capita demonstrates how difficult it is to analyse this problem and also points out that factors not considered might have had an impact.
The second prize went to Barbora BIESIKOVÁ, graduate of the study programme Financial Markets and Investment at the Faculty of Economics and Finance. Her final thesis entitled Modelling Credit Cycle in Slovakia focuses on estimating short-term and long-term impacts of selected macroeconomic indicators on the volume of bank loans to Slovak households.
The third recipient of the award was Samuel HOLINGA, graduate of the study programme Applied Economics at the Faculty of Economics and Finance, who in his thesis Differences in Inflation Based on Individual Consumption Baskets of Slovak Households aimed to identify a relationship between individual inflation figures and socio-economic characteristics of Slovak households.
The theses were evaluated by a panel of experts comprising representatives of the academic community and of the National Bank of Slovakia. This year, 12 students from Slovak as well as foreign universities submitted their theses for the competition. The NBS would like to point out the fact that thesis advisors of all the award-winning theses are young people, or a young generation of academicians - economists.
We congratulate our graduates and wish them much success in all of their future endeavours!
Source: National Bank of Slovakia
