Theatre Institutes split up. Fine Arts Institute remained in the old building in Isahakyan Street. Aram Issabekyan was appointed as the rector of the new institute. In 1997 a new building next to the main one was acquired through great efforts. Dilapidated building was repaired and given to the Department of Design and Decorative-Applied Arts. The branch of Fine Arts Institute opened in Gyumri in 1997 and in Dilijan in 1999. As an encouragement to the institute’s research activity and promotion of its students’ potential, Fine Arts Institute launched post-graduate studies in 1999. In 2000 after long and persistent efforts of Aram Issabekyan and by decree of the RA Government, Fine Arts Institute was renamed into Yerevan State Fine Arts Academy and entered a new development phase through the Bologna Process. Opening of the Albert and Tove Boyajian Exhibition Hall in 2001 next to the institute building marked another important step to promote artistic life of the Institute (Irina Isabekyan - Head of “Alber and Tove Boyadjian” Exhibition-Hall). Scientific research is very important for any university. It enables professors to combine pedagogical skills with science activity. The result of the research is the Collection of Scientific Articles issued since 1971, which was reissued in 2004 as a Yearbook. Other than that, in 2013 a Fine Arts Academy Yearbook: Art Historical and Humanitarian Researches was published in a new format and layout. In 2017 Yerevan State Academy of Fine Arts was renamed into State Academy of Fine Arts of Armenia. Faculties and programmes The Yerevan State Academy of Fine Arts is a three-tier system that offers bachelor, master and researcher programmes with four, two and three-years courses respectively. The academy has 2 faculties: the Faculty of Fine Arts, and the Faculty of Design and Decorative Applied Arts. Currently, the following bachelor and master programmes are the offered by the academy: Painting (Faculty of Fine Arts) Sculpture (Faculty of Fine Arts) Graphics (Faculty of Fine Arts) Applied Fine Arts (Faculty of Fine Arts) Design (Faculty of Design and Decorative Applied Arts) Computer Graphic Design (Faculty of Design and Decorative Applied Arts) Fashion Design (Faculty of Design and Decorative Applied Arts) History and Theory of Fine Arts (Faculty of Design and Decorative Applied Arts) Branches Concerned with psychological recovery, creation of job opportunities for young people and as an encouragement of the population in the disaster area in 1988, the branch of Fine