“Economics, Markets and Data Analysis”

The four-months module training program developed by Kyiv School of Economics specifically for journalists. The program provides intensive training for those who believe that journalists have an impact on economic growth and want to be a part of this impact. The program starts on March 2nd, 2019.

Economic growth

• Much ado about… what? What stands behind the GDP number
• The most prominent everyday economic event
• An invaluable asset
• Money and value. Is it fun to live in a country of millionaires?
• How do banks create money?
• Practical assignment. What to write about GDP and inflation?

A small open economy

• Why do countries trade?
• Why do countries restrict trade?
• How do dollars and euros arrive to Ukraine?
• Eating tomorrow’s lunch (basics of finance)
• What’s in common between “8 UAH/USD” and the Thanksgiving turkey
• Is “productive emission” possible?

Data analysis. Working with numbers

• How to make the data “speak”
• Summary statistics and diagrams
• Processing large amounts of data. Algorithms and basic programming in Excel
• Correlation and basic regression analysis
• Working with Data Analysis Tools in Excel

Economy and the state

• Why simply not give money to business?
• Public enterprises – Klondike or a suitcase without a handle?
• Where does the state get its money and how does it spend it?
• State debt. The “sacred” 60%
• Should anyone “buy Ukrainian”?


• The “sense of life” of a firm
• “Spherical horse in a vacuum” (perfect competition)
• Where do 150 kinds of cheese come from? (monopolistic competition)
• How do oligarchs emerge?
• Natural monopolies and their regulation
• Writing about markets and companies


• Analysis of financial statements
• Market analysis. Identifying market leaders and outsiders
• Assessment of companies. How does Forbes do this?
• What to ask of a CEO?

Firms and their data

• Visualization: finding the best way to present your dataset
• Overview Free Visualization Programs
• Visualization of data and data-driven story
• Basics of network analysis (illustrated by offshore)
• What is “great data” and how to write about it


• Poverty and inequality
• Population of Ukraine and its employment
• The best investment
• “Grey” labour market in Ukraine
• Will we retire?
• “Voice of people” or manipulation of public opinion
• Looking for “#zrada” or “#peremoha”


• Media market of Ukraine – is there a viable model?
• The “optimal” truth content in the media.
• Mass media and social networks: war or symbiosis?
• Truth, lies and manipulation. Fact-checking seminar

9 modules (every 2nd week)

module - two days (Friday, 14:00 - 18:00, Saturday 10:00 - 18:00)

beginning on March 1st

fill in the registration form by 12:00 February 24th

be interviewed

start training on March 1st


Graduates of the Centre for Excellence in Economic Journalism

Mariia Brovinska (LIGA.net)

CEEJ is a small useful adventure in my life. With a bunch of new acquaintances and impressions. And with reanimated economic knowledge, of course. It was fun, inspirational, cognitive and … sometimes even difficult. But there are no stars without thorns!

Volodymyr Veselovskyi (5 channel)

This course will be useful to all journalists who work or are going to work in the economic area. In my view, the most important about this course is that most of the topics are taught by practitioners. These are businessmen, active and former high-rank officials, leading domestic journalists and analysts. Thus, one has the opportunity to get the modern knowledge directly from people who shape the outlook of the Ukrainian economy today.

Fedir Oryshchuk (First instance)

The course will not make an unprofessional journalist a specialist in economics and finance but will provide him/her with sufficient knowledge for a balanced approach and correct narrative for discussing different topics in their texts. An interesting part of the course is the data analysis. For people like me this is the first step towards Big data. I hope this training area will be expanded in the future, e.g. by adding basics programming to it.

Vitaliy Prudius (112 channel)

This course changed my perception of economics as something boring and uninteresting. This is the same social science as political science which I studied albeit very precise. The journalists are armed with this accuracy of big data, numbers, interdependencies which provides an indispensable toolkit for establishing truth in dark times of fake, manipulation, and propaganda.
Upon completion of the course, the main feeling was – I want more of that! I feel that I need to further deepen my knowledge in this area.

Tetiana Pavlushenko (LIGA.net)

In my opinion, one of the main goals of CEEJ is not only to teach journalists to write about the economy without mistakes but also to help them understand the essence, nuances and consequences of the interaction of different worlds: mass media, economic and financial markets, science, social and political life, large data and life as it is. Entering the course, students must understand that they have the opportunity not only to listen to the lectures of reformers, heads of ministries, departments and global companies, professors from international universities, renowned journalists and opinion leaders but also to become a member of the family of one of the best schools of economics in Ukraine.

Andriy Ianitskyi (ex-LB.ua)

All my acquaintances think that the School of Journalism at KSE is the best regular Ukrainian course on the basics of economic journalism. Its benefits are: professional lecturers of the top managers of the largest Ukrainian companies, high-ranking officials, renown economists. And everyone is ready to speak frankly (although off the record). Individual lectures on the situation in IT and the pharmaceutical market have changed my understanding of these markets. Finally, the KSE School provides practical skills (for example, analysis of financial reports of companies) that you can apply in your work the next day after the training.

Denys Katsylo (LIGA.net)

Future journalism is based on the principles of big data. To tell an interesting and reliable story, it is not enough to excel in writing – one needs to master the numbers. Where to find useful data? How to process it and turn into a fascinating story? How to visualize it in a non-standard way? Most Ukrainian journalists do not know the answers to these questions. Unlike Europe and the United States, data driven journalism in Ukraine today is hardly demanded. This affects the content quality of Ukrainian media, reduces audience trust and ultimately negatively affects general reputation of the media. The course “Economics, Markets, Data Analysis” lays the ground for understanding and applying big data to the creation of unique journalistic materials. This is an unprecedented opportunity to create media of the future in Ukraine today.

About the Centre

Centre for Excellence in Economic Journalism at Kyiv School of Economics

We believe that mass media is called the “fourth power” for a good reason. Mass media should not only be a source of relevant information. Their task is to help countries evolve. Society develops only through dialogue, through discussion of important but not always sensational events and processes. Journalists should formulate the agenda, monitor and evaluate decisions and actions of the authorities and thus contribute to the country’s economic development.

As a part of its mission to raise the level of economic discussion and financial literacy in Ukraine which directly influences the quality of policy decisions, Kyiv School of Economics, VoxUkraine, Visa and ICU, with the support of Nova Poshta, have set up the Centre for Excellence in Economic Journalism.

The centre includes four spheres of activity:

Economics, markets and data analysis

A module training program for journalists developed by KSE

Flawless writing about the economy

The first online course in Economics for journalists

Discussion club

The platform for discussion of the most acute problems of economics and media


Media analysis with economic methods

Online course
“Flawless writing about the economy”


Professors of Kyiv School of Economics and recognized public sector and business practice experts


Viktor Hangzhin



Olesya Verchenko



Dmitry Ostapchuk



Alexey Sobolev

Керівник проекту «ProZorro.Продажі», радник Міністра інфраструктури


Kyiv School of Economics (KSE) is a world-class academic institution ranking among top schools in Europe. Our goal is to improve economic, business, and policymaking environments in Ukraine by raising new generations of world-class economists and managers, who will become future transformational leaders.

VoxUkraine is an independent analytical platform founded in 2014, after the Revolution of Dignity, by a team of highly experienced economists and lawyers based in Ukraine and abroad. Nowadays, VoxUkraine engages in a variety of research and economic activities, publishes an online magazine on economics, and develops a number of educational programs. VoxUkraine is not related to any Ukrainian political party or movement. Businessmen, government officials, or politicians have no impact on our work.

Visa is the world’s leader in digital payments. Our mission is to connect the world through the most innovative, reliable and secure payment network – enabling individuals, businesses and economies to thrive. Our advanced global processing network, VisaNet, provides secure and reliable payments around the world, and is capable of handling more than 65,000 transaction messages a second. The company’s relentless focus on innovation is a catalyst for the rapid growth of connected commerce on any device, and a driving force behind the dream of a cashless future for everyone, everywhere.

ICU is an independent asset management, private equity and investment advisory firm specialising in the emerging markets of Central and Eastern Europe. ICU aims to provide its clients with superior risk-adjusted returns across a number of asset classes. The firm is expanding its reach into key European markets via a combination of organic growth and acquisition and continues to expand the range its investment offerings.

Partner of the Center

Online Course Partners

Alumni Club CEEJ KSE

Alumni Club of the Centre is a community of professional economic journalists who graduated from the Center’s training programs. Club members are the first who know about vacancies and opportunities and communicate with the most interesting newsmakers. There are 104 economic journalists from all over the country in the Club today.

Kyiv School of Economics

+38 044 492 80 12


92-94 Dmytrivska street
01135 Kyiv, Ukraine