USUFIT was created on March 14, 2007 according to the Order of Cabinet of Ministers of Ukraine No 98, by unification of Ukrainian Academy of Foreign Trade (Kyiv), and Ukrainian State University of Economics and Finance (Kyiv). According to the Decree of the Cabinet of Ministers of Ukraine dated November 25, 2015 №1223-р. "On the reorganization of the Ukrainian State University of Finance and International Trade"[1] and the Order of the Ministry of Education and Science of Ukraine dated December 17, 2015 № 1309 "On the reorganization of the Ukrainian State University of Finance and International Trade"[2] Ukrainian State University of Finance and International Trade is affiliated with Kyiv National University of Trade and Economics with the formation of the University's structural unit at its base.