As planned, on May 16, 2015, ISET held an Admissions exam in English language and Mathematics. Exams were carried out simultaneously in Baku, Tbilisi, and Yerevan. The Mathematics exam assessed basic mathematical knowledge, thinking, and problem-solving skills. It covered topics from basic algebra, basic mathematics of finance, and basic calculus. The English exam assessed reading comprehension.

On Tuesday, April 21st, Tornike Kadeishvili, Head of Scientific Board of Andrea Razmadze Mathematical Institute and Professor of Mathematics at ISET, gave a public lecture organized by ISET. The presentation was of “popular lecture” type, were Prof. Kadeishvili showed students how mathematics is used in modeling of economic events. More than 100 students and other interested individuals attended the lecture.

Mathematical literacy has always been a key factor in improving a country’s productivity and competitiveness. Stanford University’s Eric Hanushek has shown that there is a positive relationship between students’ performance in mathematics tests and economic growth.