On the 15th of January, the Head of Oleg Balatskyi Department of Management, Dr. Shvindina Hanna, performed the annual report. The achievements-2020 of the team were presented. This year was a challenge for all of us as soon as it required extraordinary efforts to manage online learning and digitalization of the processes. Nevertheless, the batting score for the department is high. There are many victories, such as an increase in quantity and quality of the papers indexed in SCOPUS and Web of Science, the increase of the educators’ qualifications, the virtual mobility projects boost, the number of foreign partners was increased, high-profile social projects, and many other events.