enrollment of 94 students was in1992. In the time being 730 students study and 101 employees
including 77 teachers and professors work at the Institute. To our regret, only 31 teachers and
professors are full time employees, the rest are part-time. The teaching process is conducted
currently in rented premises. In 1996 the Institute purchased a building of a former cinema theater
at the auction. After reconstruction of the building there will be 3000 sq.m. for Institute alone.
The Institute recently purchased two up-to-date computer classes and software. It is constantly
looking to expand its library while its teaching staff actively works on the creation of new teaching
materials and methods. The Institute works to introduce elements of distance education into the
teaching process; in particular, video equipment has been implemented as a means of improving
students’ knowledge and preparation.
The IBAT actively seeks opportunities to expand its current activities. The Institute together with
its students has become a founder of “Trial Ltd.”, which is involved in whole sale trade and
providing intermediary services.
According to the agreement with the State Commission on Securities and Stock Market, the
Institute trains registrars of securities. The graduation of the first 50 registrars has successfully been
conducted with the students’ competition of a qualification exam for the registrars’ certificate.
The IBAT is a regional representative of the Euroclub in Zhitomir region and performs cultural
education work directed to a distribution of informational materials and knowledge concerning the
European Community among the Ukrainian youth.
In 1997 the Institute conducted an international conference “ Spiritual State of a Young Human
Being”.
The main problems, which have been confronted by the IBAT are following:
• difficulty in teaching staff selection of the necessary specialties and qualification;
• prejudiced and of the Ministry of Education of Ukraine;
• instability of legal base concerning education and taxes.
ZIET treats the IBAT as its younger brother and does its best to support and to assist it. Not
often in Ukraine such positive relations can be found between state and non-state institutes of
higher education.
As professor J.Stetar asserts (*): “Rectors of the state universities with their substantial influence
over higher education policy are generally seen by their private sector counterparts as inimical to
the development of private higher education. Viewed as anxious to maintain their monopoly over
higher education, the state university rectors support higher education, only to extent that they- state
universities-are free to develop private branches and institutes i.e., institutions are free from state
control and entrepreneurial in outlook that can serve as revenue producing centers for their overall
institutions...
In seeking to create “private” appendages the state universities are exhibiting the same predatory
behavior associated with any monopoly, - maintenance of the monopoly at almost any price”.
American futurologist, while answering the question about what is to be done today to survive,
recommended gaining knowledge as the main priority.
Ukrainian universities and institutes despite all the difficulties of the transitional period
persistently follow this advice providing the youth with knowledge. This is better contribution to
the future of the Ukraine.
* ) Stetar J., Prof. Higher Education Innovation and Reform: Ukrainian Private Higher Education
1991-1996.-Seton Hall University.-1996.-p.32