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Monetary Policy: the NBU University Challenge

Event start date: 18.11.2022 16:00

Event end date: 18.11.2022 18:30

University Challenges

On 18 November 2022, the National Bank of Ukraine hosted a final of the All-Ukrainian Student Competition "Monetary policy: NBU University Challenge".

Over 100 participants from 10 regions of Ukraine and the city of Kyiv entered the competition. Twenty four student teams representing 20 Ukrainian universities joined the competition. Until 19 October, participants prepared their competitive proposals on changes to the key policy rate of the central bank the official exchange rate, and FX restrictions in the face of the full-scale war in view of macroeconomic forecasts in Ukraine and the world. On 4 November, the NBU announced the top three teams that on 18 November defended their proposals and their own monetary policy decisions in the final of the competition. These contestants thus played the role of advisers to the NBU Board, while the jury acted as its members.  In the final round, the jury assessed the students’ understanding of the key concepts in macroeconomics and monetary policy, the quality of macroeconomic analysis, completeness of answers to the jury’s questions, team work, and presentation skills.

The team from the National University of Kyiv-Mohyla Academy - led by their mentor Olena Primierova, PhD in Economics - has won the NBU University Challenge 2022 and the Cup of the NBU Governor. The team consisted of first-year and second-year master’s students in the Department of Economics: Mariia Tomilina (captain), Kateryna Lepekha, Anastasiia Nesterenko, Oleksandra Orlovska, and Alisa Sparish.

The team of second-year and fourth-year students in the Department of Finance at Vadym Hetman Kyiv National Economic University was awarded the II Degree Diploma. Mentor: Oleh Makarov, PhD student. Team members: Feodosii Boldyriev (captain), Yaroslav Smakovskyi, and Diana Kozachuk.

The Taras Shevchenko National University of Kyiv team, which had competed under the mentorship of Nataliia Versal, Associate Professor, PhD in Economics, won the III Degree Diploma. The team consisted of third-year and fourth-year undergraduates in the Department of Economics: Oleksandr Khytryi (captain), Oleksandr Lialkin, Daryna Sydorenko, Ilona Rybak, and Andrii Krasnykh.

Materials from the event are available via links below.