The International School of Economics was founded at Tbilisi State University in 2006, through a unique collaborative effort of the World Bank, BP, Open Society Institute, and the governments of Georgia, Germany, Sweden and Norway. ISET offers a two-year Master's Program in Economics, serving Armenia, Azerbaijan and Georgia. The program adheres to international academic standards with English language instruction by visiting and resident international Ph.D. faculty. ISET Policy Institute was established in May 2011 to complement the educational mission of ISET. ISET-PI provides independent policy research and training, and reaches out to the broader academic, policy and business communities in the South Caucasus. The Institute is supported by the Open Society Institute's Think Tank Fund and USAID/G-PAC project. Our clients include Asian Development Bank, Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ), ProCredit Bank, UNICEF and the EU Mission to Georgia, among others.