The department is headed by Candidate of Economic Sciences, Associate Professor Ismayil Jafar oglu Hasanov. The faculty team consists of 11 members: 1 Doctor of Economic Sciences, Professor; 3 Candidates of Economic Sciences, Associate Professors; 1 PhD in Economics; 4 doctoral students; and 2 Lecturers.

Courses at the department are offered at the undergraduate and master's levels. These include 'Finance', 'Taxation', 'Money and Banking', 'Budget System', 'Insurance', 'Investment Management', 'Financial Investments', 'Financial Markets', 'Financial Risk Management', 'Financial Management', 'Corporate Finance', 'Public Finance', 'International Finance', 'Contemporary Financial Issues', 'Tax Management', and 'Conceptual Foundations and Theoretical Aspects of Tax Policy'.

The department’s textbooks, teaching aids, methodological materials, course programs, monographs, scientific articles, and conference materials include research on finance, budget systems, banking, insurance, taxation and tax collection, and investment management.

Seminar sessions for courses are held in the department’s specialized laboratory, equipped with teaching aids and modern technical resources.