ECESBF SUCCESS: BRIDGING EUROPEAN EXPERTISE AND UZBEK PRACTICE

Implementing European Best Practices in Uzbek Business and Finance Education

Authors

  • Lyudmila Muradova Tashkent State University of Economics
  • Oksana Galak University of Vienna

DOI:

https://doi.org/10.34920/phe.2025.18.06

Keywords:

sustainability, digitalisation, ESG standards, environmental and social risk, digital transformation

Abstract

In 2022, Tashkent State University of Economics (TSUE) was awarded a grant by the European Commission to implement the Erasmus+ Jean Monnet Centre of Excellence in Sustainable Business and Finance (ECESBF).
This project builds on the success of the Erasmus+ Jean Monnet Module on European Studies in Business, Economics and Finance, granted in 2018, which positioned TSUE as one of the pioneering institutions in European studies in Uzbekistan.

The aim of the Centre is to adapt European approaches to local contexts and disseminate them within society by engage a broad range of local stakeholders:

  • With the support of government bodies, financial sector representatives, and NGOs, we develop policy recommendations in the areas of sustainability and digitalisation;
  • In collaboration with colleagues from European universities, other Jean Monnet project beneficiaries, and both local and international experts, we design and deliver introductory and advanced courses for TSUE students, as well as for students of other higher education and vocational institutions across Uzbekistan;
  • Together with academic staff of schools, we create and implement short courses tailored for schoolchildren;
  • In partnership with all participating organisations, we actively disseminate the outcomes of our research and teaching to the wider public.

Author Biography

Oksana Galak, University of Vienna

Department of Business Decisions and Analytics

References

Published

2025-12-25