This is the 17959th most frequent Russian word.
факультет
"Факультет" means "faculty" or "department" in an educational institution.
The word 'факультет' is used here to specify the academic division within a university where the speaker studies.
Я учусь на факультете журналистики.
I study in the faculty of journalism.
In this sentence, 'факультет' refers to the collective group of teaching staff and students in a specific department hosting the event.
Наш факультет организует конференцию по истории искусств.
Our faculty is organizing a conference on art history.
Here, 'факультет' denotes the administrative unit offering the new courses.