Program’s aims are:
- Raising the level of management and supervision of enterprises and development of contemporary management;
- Training and developing of contemporary profile managers: entrepreneurs, prepared to take actions, as well as risks related to any initiative, flexible, determined and courageous individuals;
- Education of highly-qualified and professional managers with leadership abilities and desire to face the risks of the new millennium;
- Creation of managers with new perspectives and way of reasoning, developing of skills for predicting the future and taking the risks and possibilities that emerge in the business of the 21st century.
Graduates in this area will acquire general and specific competencies including the ability for analysing and synthesising as a general learning skill. Furthermore, students will have the ability to: interpret business data, economic indicators, to interpret prospects, executive reports, resumes, feasibility studies. They will obtain planning abilities, organising skills, decision making, abilities to control and review business decisions within the organization, ability to motivate in order to achieve business goals, ability to apply quantitative methods, enquiry methods. They will be capable to apply theoretical methods in order to resolve business problems and to develop business plans/strategic plans (short-term, mid-term and long-term). They will be able to govern the organization in transition periods and able to create conditions for local economic development as well as to distinguish competitive advantages for particular areas.
Knowledge and understanding
- Has knowledge and understanding of the management concepts and issues in the private and public sector, businesses and institutions;
- Has knowledge in the field of general management (strategic management, project management, human resource management, total quality management, operation management, decision making process; organizational behavior, corporate management, small business management, business planning, business communication, management information systems); financial management issues; marketing management issues;
- Has understanding of the business issues as business ethics and social responsibility, business law, effect of macro and micro economic phenomena on management decision making, international business issues and local and regional economic development.
Applying knowledge and understanding
- Is able to write a successful business, marketing and financial short-term, mid-term and long-term plan.
- Is able to write essays in the field of management.
- Is able to manage private firms, public institutions, different sectors as marketing, research and development, human resources, planning and control.
- Is able to manage different kinds of projects.
- Is able to apply statistical data in the process of management decision making.
Making judgement
- Able to evaluate concrete problems in management.
- Able to evaluate the process of management.
- Aable to make business decisions.
- Able to write and apply business tactics and strategies.
Communication skills
- Make presentation of new ideas, products and services
- Interpret business data, economic indicators.
- Interpret prospects, executive reports, resumes, feasibility studies.
- Use adequate negotiation strategies.
- Present results from different studies; communicate business plans to the working teams and stakeholders.
- Present in scientific and professional conferences, seminars and workshops.
Learning skills
- Search and detect the learning resources and tools.
- Make individual and team learning.
- Possess knowledge to learn advanced concepts and empirical findings in field of management and related areas.
- Capable to make analytical study and appraisal, general study skills of problem solving, decision making, and quantitative analysis, including self-managed and co-operative learning.
Semester 1
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[6 ECTS]
Research Methodology
The course will examine quantitative and qualitative methods of study and their application in studies of economics and business surveys and their analysis, case studies, regression analysis, using statistical software such as SPSS and Microfit.
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[6 ECTS]
Strategic Management
The course objective is to train the students to understand the decision-making process, that is as future managers, how to effectively make good business decisions. The course content enables the students to approach the Basics of the System Approach, System Analysis, Information Theory, Information System Theory, which are researched more widely in the following academic years. Decision making is an essential part of the managerial profession. Through performing tutorials with practical examples, students practice individual and team work. By doing so they are approaching the organizational reality and are becoming equipped for proper solving of the business problems
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[6 ECTS]
Total Quality Management
The course objective is to equip students to understand the essence of the Total Quality Management, its importance and the positive aspects of its utilization. Within the course frames the following will be studied: what is quality with regards to products and services, as well as the consequences of the poor quality and the gains from the top quality. The movements and theories of Total Quality Management will be then studied, starting with the classical, western as well as Japanese authors. The elements of total quality management will also be studied. Furthermore, the most important techniques related to total quality management will be analyzed, and finally, the method of implementing the total quality management as well as the criteria necessary for the most famous quality rewards in the world will be studied.
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[6 ECTS]
Elective course 1
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Human Resources Management
Within the course frames students will be introduced to the unity of the process of managing human resources in an enterprise. Thus, they are supposed to acquire wider knowledge for every phase of the human resources management process starting with the analysis of the working positions and perceiving the needs for changes in the structure of the human resources within the enterprise, through recruitment and selection of candidates, to introducing the employees in the working place, their reward and motivation and naturally their retirement or premature sacking.
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Small Business Management
Objectives of the course program (competences):
The objective of teaching this course is to help students in understanding the meaning and essence of functioning and organization of small enterprises in the economy.
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Operational Management
The purpose of this course is for students to gain knowledge and be able:
* To prepare and to make decisions that produce production and services.
* To prepare and make decisions that control their production and services.
* To find a suitable approach for solving any situation related to the complex issue of production and services.
* To learn about various activities of the organization and functioning of the entire system of the operation management.
* To prepare and make decisions that creates conditions for production and services.
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Management Information Systems
Within the course frames topics from the field of receiving, processing and using information by the enterprise will be covered. The focus will be on the sole importance of the information for managing contemporary enterprises. Information technologies will be covered solely from the aspect of their role in information processing in the enterprise that is support of the overall process of their management. Within those frames, attention will be given to the following aspects: introduction to Management Information Systems, basic types of Management Information Systems, Information Technology and Information System Management, building of the Management Information Systems in the enterprise
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[6 ECTS]
Elective course 2
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Human Resources Management
Within the course frames students will be introduced to the unity of the process of managing human resources in an enterprise. Thus, they are supposed to acquire wider knowledge for every phase of the human resources management process starting with the analysis of the working positions and perceiving the needs for changes in the structure of the human resources within the enterprise, through recruitment and selection of candidates, to introducing the employees in the working place, their reward and motivation and naturally their retirement or premature sacking.
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Small Business Management
Objectives of the course program (competences):
The objective of teaching this course is to help students in understanding the meaning and essence of functioning and organization of small enterprises in the economy.
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Operational Management
The purpose of this course is for students to gain knowledge and be able:
* To prepare and to make decisions that produce production and services.
* To prepare and make decisions that control their production and services.
* To find a suitable approach for solving any situation related to the complex issue of production and services.
* To learn about various activities of the organization and functioning of the entire system of the operation management.
* To prepare and make decisions that creates conditions for production and services.
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Management Information Systems
Within the course frames topics from the field of receiving, processing and using information by the enterprise will be covered. The focus will be on the sole importance of the information for managing contemporary enterprises. Information technologies will be covered solely from the aspect of their role in information processing in the enterprise that is support of the overall process of their management. Within those frames, attention will be given to the following aspects: introduction to Management Information Systems, basic types of Management Information Systems, Information Technology and Information System Management, building of the Management Information Systems in the enterprise
Semester 2
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[24 ECTS]
Master Thesis
After passing examinations, the student may begin the procedure of filing, making and public defense of the thesis topic. The student chooses the mentor, who gives him instructions for preparation of the application of master theses. The application must be granted by the Graduate Studies Educational Collegium and the Scientific and Academic Council of the Faculty. After preparing the final version of Masters Thesis, Academic-Scientific Council of Faculty forms a three-member committee, which prepares the report, which is may be accepted or rejected. The positive report is approved by the Academic-Scientific Council and it is set the date of public defense. After successfully defending the thesis, the student gains the degree - Master of Economic Sciences / Field: Management.
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[6 ECTS]
Free elective course 1
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International Business
The purpose of this course is for the student to be able:
- To understand the difference between global creation, maintenance and modification in comparison with international strategies in terms of international business;
- To build the knowledge to perform a cost-benefit analysis from a global perspective.
- To conduct a SWOT analysis for various international companies, as well as be able to learn new global markets.
- To understand the essence of global international business and the use of global communications.
- To define and use strategies for the assessment of joint ventures (joint venture), unification and buying various companies in order to gain access to new markets.
- To bring decision about market segmentation solutions and ways to access them.
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Marketing Management
The aim of this subject is to provide students with opportunities to acquire knowledge from the management field by the marketing activities, marketing environment and its influence on the functioning of the enterprises, elaborating the product policy, prices, distribution and promotion, as well as the decisions made by the managers with regards to these policies. The strategies applied by the managers, as well as the consequences from those strategies, marketing planning, marketing tactics and marketing control will be also elaborated.
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Selected Topics in IT Applications for Preparing a Scientific Paper
The aim of this subject is:
- To display the technical elements, the structure of the text and deign of a scientific research.
- To enable students to acquire advanced knowledge and skills from selected chapters of IT applications that will be needed in preparation of the scientific and research paper.
- Practical application of these objectives in preparing student’s individual research paper.
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Applications for Statistical data Processing
The aim of this subject is:
- To display the technical elements in the field of statistics: organizing, processing, and comparing through analysis and publication of data.
- To enable students to acquire advanced knowledge and skills of the applications for statistical data processing.
- Practical application of these objectives in statistical processing of data obtained from questionnaires, reports, scientific studies and other documents.
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