Faculty of Economics Ivan Franko National University of L’viv

What Faculty of Economics Ivan Franko National University of L’viv does

The Faculty of Economics is a structural academic subdivision of Ivan Franko National University of L'viv, a Ukrainian public national university. Established in 1966, the faculty delivers accredited higher-education programs at bachelor's, master's, and PhD levels across 12 departments covering economic theory, enterprise economics, finance, accounting and auditing, management, marketing, statistics, banking and insurance, information systems in management, economic cybernetics, analytical economics, and international economics. As of the most recent disclosures, the faculty serves over 2,000 students (including more than 1,500 full-time) and 100+ postgraduate aspirants, supported by 180 full-time teaching staff — of whom 18 hold doctor-of-sciences/professor ranks and more than 100 hold candidate-of-sciences/associate-professor ranks.

The operating model is government-funded and not-for-profit. Revenue is derived from two streams: state budget allocations for state-order student places under the Ukrainian Ministry of Education and Science, and contract-based tuition fees for fee-paying students (Ukrainian and international) at the bachelor's, master's, and PhD levels. Exact tuition rates are not publicly listed on the faculty's website. The faculty also runs 12 national-level research topics, hosts specialized dissertation defense councils, publishes the 'Visnyk Lviv University Economics Series' and the 'Formuvannya Rynkovoi Ekonomiky v Ukraini' scientific collection, and operates the Little Academy of Sciences (MAN) economics department for pre-university outreach since 1990. Teaching is supported by the university's e-learning platform (e-learning.lnu.edu.ua) and an Electronic Repository of student thesis works; the curriculum incorporates specialized software for data analytics, business intelligence, and accounting, including a recent industry partnership with YouControl for practical training.

Distribution is primarily on-campus at the Lviv university campus, with full-time and part-time/external study forms plus supplementary e-learning components. The faculty maintains mutual international exchange partnerships with 10+ universities across the United States (George Washington, Kansas, Michigan, Wayne State, Temple), Canada (Alberta, Toronto), Germany (Ukrainian Free University), Poland, Austria, France, and Belgium, and counts among its alumni senior Ukrainian economists and politicians including former Minister of Finance Viktor Pynzenyk (1979). The faculty's strategic direction for 2024–2028, formalized in a published development strategy document, signals continued investment in data analytics, digital management, and industry-anchored curriculum tracks.

Name

Faculty of Economics Ivan Franko National University of L’viv

Legal name

Економічний факультет Львівського національного університету імені Івана Франка

Website

https://econom.lnu.edu.ua

Company type

Private

Founded year

1966

Operating status

Operating

Headcount range

11–50 employees

Short description

The Faculty of Economics at Ivan Franko National University of L'viv is a public academic subdivision in Lviv, Ukraine, delivering accredited bachelor's, master's, and PhD programs in economics, finance, management, and analytics to over 2,000 students across 12 departments and 180 teaching staff.

Ownership category

akta.pro rank

Product category

Higher Education

NAICS

Colleges, Universities, and Professional Schools (6113)

SIC

Services-Educational Services (8200), Services-Engineering, Accounting, Research, Management (8700)

akta.pro primary industry

Finance, Accounting & Economics Schools (EDAHAHAD)

Keywords

• Higher education
• Economics programs
• University degrees
• Academic research
• Graduate education

Headquarters

HQ city

Lviv

HQ country

Ukraine

HQ region

Europe

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. State Budget Funding: Government-funded student places for eligible Ukrainian citizens under state order programs.
2. Contract-Based Tuition: Fee-paying educational services for students not covered by state funding, including programs in economics, finance, accounting, management, and marketing at bachelor's, master's, and PhD levels.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels4 records

Core offering

The Faculty of Economics at Ivan Franko National University of L'viv delivers higher education and research services through bachelor's, master's, and PhD programs across 12 academic departments covering economics, finance, accounting and auditing, management, marketing, statistics, economic cybernetics, information systems, banking and insurance, and international economics. It also operates pre-university outreach, scientific research programs, dissertation defense councils, and academic publications (Visnyk Lviv University Economics Series, Formuvannya Rynkovoi Ekonomiky v Ukraini). Revenue comes from state budget funding and contract-based tuition.

Product overview

The Faculty of Economics Ivan Franko National University of L'viv offers a comprehensive portfolio of educational programs at Bachelor, Master, and PhD levels. The faculty provides single and dual-degree programs across multiple specializations including Economics and Data Analytics, Economic Cybernetics, Business Economics, International Economics, Accounting and Taxation, Finance and Banking, Management, Marketing, Entrepreneurship and Trade, and Social Welfare. Programs are delivered through traditional classroom instruction and include practical components through partnerships with companies like YouControl. The portfolio also includes specialized programs such as Digital Management and Business Administration at the Master's level.

Differentiator

Problem solved

Functional benefit

Products and services

• Economics and Data Analytics (Економіка та аналітика даних) Bachelor's and Master's educational program focusing on economic analysis, data analytics, and statistical methods for business decision-making. Targets prospective students seeking quantitative economics training.
• Economic Cybernetics (Економічна кібернетика) Educational program combining economic theory with mathematical modeling and information systems for analyzing complex economic systems. Targets students interested in quantitative and computational approaches to economics.
• Business Economics (Бізнес-економіка) Program focused on business economics, enterprise management, and economic aspects of commercial operations. Targets prospective students preparing for careers in enterprise management.
• International Economics (Міжнародна економіка) Program examining international trade, global economic relations, and cross-border business activities. Targets students interested in global economic affairs and international business.
• Accounting and Taxation (Облік і оподаткування) Program covering accounting, auditing, taxation principles and practices for business entities. Targets prospective students preparing for careers in accounting, auditing, and tax advisory.
• Finance, Banking and Insurance (Фінанси, банківська справа та страхування) Program in financial management, banking operations, and insurance services. Targets students preparing for careers in financial services, banking, and insurance sectors.
• Management (Менеджмент) Program covering organizational management, strategic planning, and business administration. Targets students preparing for careers in organizational leadership and strategic management.
• Marketing (Маркетинг) Program focused on marketing strategies, market research, and promotional activities. Targets students preparing for careers in marketing, brand management, and market analysis.
• Entrepreneurship, Trade and Exchange Activities (Підприємництво, торгівля та біржова діяльність) Program covering entrepreneurial activities, commercial trade, and securities exchange operations. Targets students preparing for entrepreneurial and trading careers.
• Social Welfare (Соціальне забезпечення) Program focused on social security systems, social work, and personnel management. Targets students preparing for careers in social services and personnel management.
• Business Administration (Бізнес-адміністрування) Master's program in business administration covering corporate governance, strategic management, and organizational leadership. Targets graduate students preparing for senior management and executive roles.
• Digital Management (Цифровий менеджмент) Program focused on digital transformation, information systems management, and technology-driven business processes. Targets students preparing for careers in digital-era management and IT-enabled business operations.
• Pre-University Preparation (Little Academy of Sciences / Fundamentals of Economics) Pre-university economics outreach including the Little Academy of Sciences (MAN) economics department and the 'Fundamentals of Economics' course for high school students in grades 10-11. Targets high school students preparing for university admission.
• PhD and Doctoral Programs (Aspirantura / Doktorantura) Postgraduate research degree programs in five economic specialties (PhD/aspirantura) and doctoral studies in two specialties (doktorantura). Includes a specialized dissertation defense council. Targets graduate students pursuing academic and research careers in economics.

Named customers4 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Nine partnerships are on record, tiered minor and core.

• YouControlminorStrategic or Co-development Partner · 16 July 2026YouControl, a Ukrainian business intelligence platform, collaborates with the faculty to strengthen practical components of educational programs 'Economics and Data Analytics' and 'Economics and Protection of Business Interests'. The partnership enhances practical training and real-world business analysis skills for students.
• George Washington University (USA)coreStrategic or Co-development PartnerInternational academic partnership including annual faculty exchanges, lectures, and joint research activities. Several faculty members undergo training at this university annually.
• University of Kansas (USA)coreStrategic or Co-development PartnerAcademic exchange and research collaboration partnership. Faculty members participate in exchange programs and deliver lectures to foreign students.
• University of Michigan (USA)coreStrategic or Co-development PartnerInternational academic cooperation including faculty exchanges and joint scholarly activities.
• Wayne State University (USA)coreStrategic or Co-development PartnerAcademic exchange partnership with regular faculty and student exchanges.
• Temple University (USA)coreStrategic or Co-development PartnerAcademic cooperation including joint educational and research activities.
• University of Alberta (Canada)coreStrategic or Co-development PartnerInternational academic exchange partnership with Canadian university.
• University of Toronto (Canada)coreStrategic or Co-development PartnerAcademic cooperation with Canadian university for faculty and student exchanges.
• Ukrainian Free University (Germany)minorStrategic or Co-development PartnerCooperation with Ukrainian academic institution based in Germany.

Scale indicators7 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• National University of Kyiv-Mohyla Academy — Faculty of Economic Sciences: One of Ukraine's leading private-leaning universities with a strong economics faculty. Comparable programs across economics, finance, and business administration; direct competitor for Ukrainian students seeking rigorous Western-style economics education.
• Taras Shevchenko National University of Kyiv — Faculty of Economics: Faculty of Economics at Ukraine's flagship national university. Comparable in offering full economics education portfolio across undergraduate to PhD, with similar scale and prestige. Direct competitor for top students and an analogous structural model within another top Ukrainian research university.
• Vadym Hetman Kyiv National Economic University: Ukraine's premier dedicated economics university, also descended from the Soviet economics education system. Direct peer offering bachelor's, master's and PhD programs across economics, finance, accounting, and management — competing for the same pool of Ukrainian economics students and faculty talent.

Regional players

• Krakow University of Economics: Major Polish economics university near the Ukrainian border, historically a destination for Ukrainian economics students. Comparable portfolio across economics, finance, and management; relevant as cross-border competitor for internationally-mobile Ukrainian applicants.
• Lviv Polytechnic National University — Institute of Economics and Management: Economics and management institute at Lviv's largest technical university, sharing the same Lviv student catchment. Competes for the same regional applicants with a more engineering-adjacent positioning but overlapping programs in business economics, finance, and management.
• Prague University of Economics and Business: Central Europe's largest economics university, an increasingly popular destination for Ukrainian students studying abroad. Comparable program portfolio in Czech and English; functions as a regional alternative for Ukrainian students seeking EU-based economics credentials.
• West Ukrainian National University: Major regional university in Western Ukraine offering economics and business programs. Regional competitor drawing from overlapping applicant pools in Western Ukraine, with comparable public-university pricing and degree structures.

Emerging players

• Kyiv School of Economics: Private economics and business school in Kyiv with strong Western-aligned faculty and English-language programs. Emerging competitor that has rapidly captured ambitious Ukrainian students and could pressure public faculties on outcomes branding and international mobility.
• Ukrainian Catholic University — Master of Science in Economics and Business Analytics: Lviv-based private university with newer English-language economics and analytics programs. Partial overlap with newer faculty offerings in data analytics; competes for the same Western-Ukrainian, internationally-oriented student segment.

Others

• Ivan Franko National University of L'viv — parent institution: Parent university providing governance, infrastructure, and shared services. Not a peer in competitive terms but the structural umbrella enabling faculty operations, joint admissions, and shared international partnership framework.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/school/economics-faculty-of-ivan-franko-national-university-of-l%E2%80%99viv

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Funding overview

Funding rounds

Investors

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M&A

Investments

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Frequently asked questions about Faculty of Economics Ivan Franko National University of L’viv