Head of the Chair: Armen KTOYAN, PhD in Economics, Associate Professor

History, operations

ASUE Chair of Statistics was established in 1966. As a study course subject, "Statistics" has been taught to students of all specialties of YSU Faculty of Economics since the university establishment. In 1964, the first graduates majoring "Statistics" graduated from YSU. Two years later (in 1966), in the same faculty, the Chair of Statistics was established, and its first Head of Chair was elected the PhD in Economics, Associate Professor Shavarsh Mihran Manukyan. In 1975, the Faculty of Economics separated from YSU, on the basis of which the Yerevan Institute of National Economy (now the Armenian State University of Economics) was established.

The mission of the chair is to contribute to the formation of highly competitive and change managing professionals with profound knowledge and applied skills, creative and critical thinking, by means of high quality education and research.

The Chair has close connection with the Statistical Committee of the Republic of Armenia, and participates in the annual discussions of the project "State Statistical Work Program". One member of the chair is a member of the Public Council of the Statistical Committee, as well as a member of the Council of Experts of the RA Central Bank.

The staff of the chair exerts its efforts for the implementation of the mission of the chair based on the following value orientations: intellectual work, the priority of the interests of the chair and the university, team spirit, intra-campus and inter-campus active interactions, building relationships based on mutual respect and goodwill, creativity, innovation, professional advancement, ongoing self-development, orientation towards general goals and success.

Heads of the Chair

  • Ph.D. in Economics, Associate Professor Sh. Manukyan (1966-1972)
  • Doctor of Economics, Professor A. Karapetyan (1972-1975)
  • Doctor of Economics, Professor Ts. Mahtesyan (1975-1996)
  • Ph.D. in Economics, Associate Professor H. Hakobyan (1996-2008)
  • Ph.D. in Economics, Associate Professor A. Kostandyan (2008-2014)
  • Ph.D. in Economics, Associate Professor, acting Head K. Hakobyan (2014-2016)
  • Ph.D. in Economics, Associate Professor, acting Head M. Movsisyan (2016-2017)
  • From 2017 onwards, PhD in Economics, Associate Professor A. Ktoyan

Profession, specialization

Bachelor’s degree program

  • Statistics

Master's degree program

  • Applied Statistics and Data Science

In the 2022/2023 academic year, a new bachelor’s degree educational program was developed and implemented at the Chair, and the admission to the bachelor’s degree program will be carried out based on it, and the graduates of the program will be awarded the "Applied Statistics and Data Science" qualification.

The Master's degree program "Applied Statistics and Data Science", which was introduced in 2020, has been dramatically transformed, including courses in line with the latest trends in developing professional skills in data science and applied statistics, as well as application of educational technologies. From the academic year 2024/25, the admission to the master's degree program will be carried out by the updated study program.

Knowledge and results shaped after mastering the professional study programs of the chair can be applied in various fields, in public and private companies, financial and non-financial organizations as well.

Courses at the bachelor’s degree program

The chair delivers courses at 9 bachelor’s professional educational programs of ASUE:

  • Foundations of statistics theory
  • Statistical theory and mathematical statistics
  • Basics of applied statistics
  • Business statistics
  • Mathematical statistics
  • Statistics
  • Qualitative methods in business

20 specialized courses are taught within the frames of "Statistics" bachelor's program, namely:

  • Theory of statistics
  • Applied statistics
  • Sample research methods
  • Multivariate statistical methods of analysis
  • Statistical analysis of economic risks
  • Statistical analysis of non-numerical information
  • Multivariate statistical analysis
  • Time series analysis and forecasting
  • Foundations of actuarial calculations
  • Macroeconomic statistics
  • Microeconomic statistics
  • Social statistics
  • Demographics
  • Environment statistics
  • Financial statistics

Courses at the master's degree program

Master's students study a wide range of courses within the frames of "Applied Statistics and Data Science" study program:

  • Data-driven decision making
  • Applied statistics for business
  • Multivariate statistical analysis of data
  • Financial and monetary statistics
  • Geographical and spatial analysis (using GIS systems)
  • Statistical analysis of business risks
  • Qualitative methods in business
  • Statistical analysis and evaluation of business strategy
  • Statistical analysis of public policy

The following courses are taught to the university's non-professional master's students:

  • Statistics in business
  • Research methods
  • Data science
  • Data science in economics
  • Time series analysis

Scientific Research Activities

The chair takes part in scientific research works, conferences and seminars carried out both at the university and within the frames of other organizations and programs. Recently, the research group comprising employees of the Chair has conducted a number of researches within the programs of ASUE "Amberd" Research Center.

The staff of the chair took part in the implementation of research projects financed by various structures and institutions, which particularly relate to the study of economic issues under the modern realities, and the systematic statistical research of such challenges.

The chair has an important mission in activating the research activities at ASUE, which, particularly, results in promoting the development of the skills necessary to apply research methods among university employees, students and other interested parties, as well as in finalizing and analyzing the results of all kinds of studies and surveys conducted at the university by their active participation.

The staff of the chair works on the research topic "Increasing the competitiveness of the economy through the advancement of the innovative system: international experience and Armenian realities”. Before that, the Chair employees carried out some works within the frames of the intra-chair research, and dealing with the most diverse fields, it related to the study of statistical methods and tools to evaluate the effectiveness of budget expenditures, as well as their localization problems in RA.

In a number of master's degree programs of university chairs, the Chair is one of the parties responsible for the formation of final results in the field of research methods and data science, and develops and introduces the course programs in line with them.

During the last 5 years, the staff of the chair has published 6 monographs, 2 educational manuals, 3 lecture collections, 4 research works, more than 60 papers, 12 of which are in the international publications.

Staff of the Chair

  1. Ktoyan Armen Mamikon – Head of the Chair, PhD in Economics, Associate Professor
  2. Movsisyan Manuk Edward – PhD in Economics, Associate Professor
  3. Yengibaryan Narine Henrik - PhD in Economics, Associate Professor
  4. Fidanyan Liana Ashot - PhD in Economics, Associate Professor
  5. Shirinyan Anush Yuri - PhD in Economics, Associate Professor
  6. Gevorgyan Ruzanna Vladik - PhD in Economics, Associate Professor
  7. Martirosyan Bakur Vanush - PhD in Economics, Associate Professor
  8. Muradyan Vahagn Sos - PhD in Economics, Associate Professor
  9. Arakelyan Ruzanna Volodya - Lecturer
  10. Matinyan Anna Sanasar – Lecturer
  11. Khachatryan Ani Samvel – PhD in Economics, Lecturer
  12. Kalantaryan Lusine Paruyr – Lecturer
  13. Afyan Diana Grisha – PhD in Economics, Lecturer
  14. Petrosyan Garik Armenak – Lecturer
  15. Baghdasaryan Artak Grigor - Lecturer
  16. Avanesova Maria Arthur – Assistant
  17. Hovhannisyan Astghik Meruzhan – Assistant
  18. Papoyan Taschat Artyom – Assistant
  19. Ghalayan Tigran Asatur – Assistant
  20. Hambardzumyan Susanna Hayk – Senior Lab Assistant

Address: Chair of Statistics, Paruyr Sevak 77, 069, Yerevan, Armenia Tel: (374 10) 24 70 90