Mavlonbek Makhmudov

Tell us about your degree - why did you choose it?

The University of Leeds was my first-choice university because of its strong reputation in economics, its research-oriented environment, and its emphasis on analytical and policy-based learning.

I chose to study MSc Economics for several reasons. First, I have always been fascinated by how economies function and how the interactions among governments, businesses, and individuals shape economic outcomes. Economics helps explain important issues such as inflation, unemployment, financial crises, exchange rate movements, and economic growth, all of which directly affect people's lives.

Second, I was particularly interested in economics because it provides practical tools for solving problems. I wanted to understand how sound monetary and fiscal policies can promote economic stability, improve living standards, and support sustainable development. The large-scale economic reforms and liberalisation process in Uzbekistan further strengthened my interest in studying economics and understanding how policy decisions can transform an economy.

Third, I was attracted to the quantitative and analytical nature of the discipline. Economics combines economic theory with mathematics, statistics, and empirical analysis, allowing policymakers to make evidence-based decisions rather than relying solely on intuition. I have always enjoyed analytical thinking and wanted to develop skills in economic modelling and policy analysis.

Another important motivation was my long-term career aspiration to work in economic policymaking, particularly at the Central Bank of the Republic of Uzbekistan. I wanted to acquire the knowledge and analytical tools necessary to contribute to monetary policy, financial stability, and macroeconomic management.

Finally, I pursued this degree because I have a strong desire to contribute to the continued modernisation and sustainable development of Uzbekistan's economy.

What did you enjoy most about your life as a student at the University of Leeds?

What I enjoyed most about my student life was being part of an international community. Beyond my studies, I participated in various university events, including Welcome Week activities and networking sessions with students from different countries and others. These activities helped me build friendships and improve my intercultural communication skills.

How did you find adjusting to living and studying in the UK?

I arrived in Leeds with my family, my wife and two sons, and, honestly, we adjusted to life in the UK well. Leeds is a welcoming city with friendly and helpful people, which made the transition much easier for us. We also had a very supportive neighbourhood, and we quickly felt at home.

The university provided excellent support throughout our journey. From pre-arrival guidance to advice on accommodation, healthcare registration, banking, and other practical matters, the university offered assistance whenever needed. The International Student Office and university staff were always approachable and ready to help, which reduced the stress of moving to a new country with a family.

What professional skills and experience did you gain?

The programme strengthened my understanding of macroeconomics, microeconomics, econometrics, and economic development. More importantly, it equipped me with strong quantitative and analytical skills, including data analysis, critical thinking, economic modelling, and evidence-based policymaking.

Studying in an international environment helped me develop important soft skills such as communication, teamwork, adaptability, and intercultural competence by working with students from different countries and backgrounds.

How has your career progressed since leaving the Business School?

Since graduating from the University of Leeds, I have been working at the Central Bank of the Republic of Uzbekistan in currency regulation and capital movements. The knowledge and skills I gained during my studies have been useful, particularly in economic analysis and policy-related tasks. Over time, I have taken on greater responsibilities, and within one year I was promoted from Leading Economist to Senior Economist.

What are your ambitions for the future?

My long-term ambition is to continue developing as an economist and contribute to economic policymaking in Uzbekistan. I would also like to pursue a PhD in the future, and the University of Leeds would certainly be one of my preferred options given the excellent experience I had during my master's studies. I hope to take on greater responsibilities and contribute to policies that support economic stability and sustainable growth in Uzbekistan.

Would you recommend Leeds University Business School?

Yes - fully embrace all the opportunities that Leeds offers, participate in university events, build connections with professors and fellow students, and make use of the services available