The Faculty of Economics and Administrative Sciences of Baku Engineering University (BEU) has held the "Finance Day 2021" event in order to assess the achievements of the last semester and the  presentation of the book "Digital Transition and the Need to Accelerate Scientific and Technological Development".

Dean of the Faculty, Associate Professor Mayis Azizov congratulated the participants on the occasion of December 31 – World Azerbaijanis Solidarity Day and New Year. Emphasizing the importance of such events in terms of assessing the semester activities of students, M. Azizov wished the students success in the winter exam session of the autumn semester. He also touched upon the higher education and career achievements of students and graduates.

Then, the names of the students who achieved high results in the spring semester of the 2020/2021 academic year as a result of academic assessment were announced. Shahnaz Huseynova, a fourth-year student with the highest average score in finance, was the valedictorian.

The first place winners received letters of appreciation and gifts.

Later, the presentation of the book "Digital transition and the need to accelerate scientific and technological development" authored by Professor of Finance Department Saleh Mammadov took place.

Speaking at the ceremony, S.Mammadov stressed that BEU maintained its first place among the universities operating in the country, and the specialists working here were always distinguished. The professor said that the curricula, teaching materials and textbooks at BEU were designed in accordance with the latest technologies.

Underlining that the main goal of the reforms implemented by President Ilham Aliyev was to help Azerbaijan to reach the level of developed countries, S. Mammadov noted that relevant work was underway in this regard. The professor said that the transition to digital technology was of great importance for the economic and political development of each country, and spoke about the advantages of the digital transition.

S.Mammadov said the book examined the successful completion of the digital transition in all areas and in international relations. The publication gives an exact concept of raising scientific and technological development to a high level, and for this purpose shows the role of science and technology in the great victory of Azerbaijan in the first digital war in world history - the 44-day Patriotic War. Moreover, it was noted in the book that although the digital transition was a product of artificial intelligence, it was also closely linked to the human factor. In addition, the need to start training specialists in a number of new sciences and specialties in the process of digital transition was justified.

BEU Vice-Rector for Scientific Affairs, Associate Professor Elchin Suleymanov said that the specialty of finance had a special place at the University, and highly appreciated the holding of events related to this specialty. The Vice-Rector also advised students to read this valuable book written by Professor S.Mammadov.

Public Relations Department