
Programme: |
Business and Economics (2017/2018) |
Module: Management and Marketing |
Study Cycle: | First Cycle (Undergraduate) |
Faculty: | Business and Economics |
Academic year: | 2023 / 2024 |
Title: | Bachelor of Business and Economics / Module: Management and Marketing |
ECTS: | 180
(3 years)
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ECTS: | 240 (4 years)
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Decision: |
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The Curriculum of “Business and Economics” is a balanced combination of primary specific theoretical knowledge and professional skills. The structure of the program includes studies that are by nature dynamic and interactive. The program is designed to offer topics in the field of economics and management. Items that are included in this program represent perspectives that are based on theory, which is closely related to practical application in the business world. This program allows students to acquire the necessary skills and experience for the theory of economics, the use of management, finance and econometrics.
Aims of the study program:
• to prepare students for the position of leaders in profit and non-profit organizations in the country and around the world.
• to prepare students to build careers in the fields of economics and management, but also in the private sector in the field of finance.
• to enable the acquisition of research skills and experience in the theory of economics, the use of management, finance and econometrics.
• to develop the concept of practical work of students.
• to develop students’ concept of critical thinking.
• to enable students to actively participate in lectures and practical work in order to independently carry out research in all areas of economics and management.
• to facilitate the development of personal, communication, research and other important skills needed for employment.
During this program, students have the opportunity for practical work (internship), whereby they will be able to apply their knowledge, capacity, ability and skills obtained in the Faculty.
The study program Business and Economics will enable students to:
- obtain a general education in disciplines that underlie the theory and practice of management, while still specializing in economics;
- undertake in-depth study of economics with management options that enable you to look critically at management issues;
- gain training in the principles of economics and their applications;
- develop an understanding that management is a broadly based social science and multi-disciplinary area;
- get acquainted with appropriate tools of analysis to tackle issues and problems of economic policy;
- enable students to understand organizations, key aspects of their management, and the external environment in which they operate ;
- provide an environment wherein students can develop their interpersonal and communicative skills;
- provide a firm foundation for further study and for employment;
Knowledge and understanding
- Has the necessary knowledge for the following business functions: economics, management, finance, business and management in a global context, principles of accounting, corporate finance, strategic management, human resource management and marketing;
- Has a knowledge of the functional areas of economics and management, ongoing research and innovation, future trends, and the impact of these developments in theory and practice;
- Has a knowledge and understanding of national, regional and global economic situation on the market.
- Has knowledge of managerial theories, analysis and reporting;
- Acquire a strong foundation in how to further develop economics and be ready for graduate studies related to the economics and management, management or related fields.;
- Understand the different tools for making management decisions;
Applying knowledge and understanding
- Ability to professionally write and further develop economics and management problems and its implementation in real life;
- Ability to assist in the formulation and practical implementation of successful general management plans and strategies;
Making judgement
- To think critically and to apply theoretical and practical knowledge and experience to identify and analyze economics problems;
- Critically analyze and evaluate identified managerial opportunities;
Communication skills
- Show understanding of individual and group dynamics in organizations;
- Operate effectively in teamwork;
- Effectively deal with people from different social, economic, cultural and religious backgrounds;
- Demonstrate understanding of and sensitivity to ethical, social and legal responsibilities of companies;
- Show business ideas in an effective manner;
- Demonstrate key negotiating skills;
- Interpret business data and economic indicators;
Learning skills
- Can research and detect sources of learning;
- Can be trained for individual and team learning;
- Have the ability to use scientific literature and analysis of the opinions and estimates of other authors;
Semester 1
-
[CBE-102]
[6 ECTS]
Principles of Marketing
The purpose of this course for students to acquire knowledge of basic concepts that are embedded in the marketing functions of modern organizations. The focus is on concepts and issues associated with marketing products and services to consumers. Specifically, the goal is for students to learn about the marketing environment by analyzing the market and implementing successful marketing strategies in this environment. Students will also be able to apply scientific concepts to design a complete marketing plan for their product. This course contributes to familiarizing students with various activities in the field of marketing, contributing company to be competitive and successful in the market.
-
[CBE-101]
[6 ECTS]
Introduction to Economics and Business
The primary purpose of this course is to develop a basic understanding of the major economic concepts and theories used in analyzing economic issues. This course is designed in a way to equip students with basic principles, concepts and techniques in doing economic analysis. At the end of the course, the students should be able to “think like an economist”. This course provides a survey of the principles of micro- and macroeconomics with a focus on applied managerial decision-making in a global setting. Upon completion of the course, students should be able to: utilize the demand and supply model to determine the impact of changes in demand or supply on price and quantity; define GDP and describe its measurement, uses, and limitations as a measure of economic well being; define Inflation and describe its measurement, consequences, and how to adjust for it; as well as describe the role and tools of a central bank.
-
[CBE-103]
[6 ECTS]
Principles of Management
The purpose of this course is to familiarize students with the basics of management, its genesis, definition and basic principles which should be based on the work of any future manager. This course also aims to acquaint students with knowledge of the basic functions of management as planning, organizing, coordinating, motivating and controlling. Mastery of this subject will provide students with the ability: - To learn the basics of management and to enable them to give concrete examples. - To be able to see the mastery of this subject as the need and acquiring knowledge to be in the context of practical application of learning. - To think of an effective way this will help them to face with business problems in their future life.
- [3 ECTS] Elective course - Albanian/Macedonian Language
-
[3 ECTS]
Elective course - English Language
- [BENP-01] English Language for General and Professional Purposes 1
- [BENP-02] English Language for General and Professional Purposes 2
- [BENP-03] English Language for General and Professional Purposes 3
- [BENP-04] English Language for General and Professional Purposes 4
- [BEN-05] English Language 5
- [BEN-06] English Language 6
-
[6 ECTS]
Free elective course
- [EFE-107] Public Speaking
- [EFE-127] Debate and Presentation Skills
- [EFE-108] Intercultural Studies
- [EFE-108] Communication Skills
- [EFE-110] Advanced Excel
- [EFE-111] Advanced IT skills
- [EFE-112] Advanced Word
- [EFE-113] Google Apps
- [EFE-114] Advanced Access
- [EFE-115] Desktop Publications
- [EFE-116] Web Publications
- [EFE-129] Albanian Language and Writing Culture
- [EFE-131] Albanian Language for Specific
- [EFE-102] Academic Writing in English
- [EFE-103] Academic Writing in Macedonian
- [EFE-104] Academic Writing in Albanian
- [EFE-105] German Language (level 1 to 4)
- [EFE-117] Environmental Protection
- [EFE-121] Professional Careеr Development
- [EFE-132] Human Rights and Freedoms
Semester 2
-
[CBE-201]
[6 ECTS]
Principles of Accounting
The purpose of the course is to help students understand the essence of accounting to learn the basics of accounting concepts and principles of accounting. Specifically, students will gain knowledge and understanding of financial statements, their components, the basic rules of recording of accounting data, and the utilization of accounting documents.
-
[CBE-202]
[6 ECTS]
Business Mathematics
The Goals of Business Math are as follows: - Students to be able to apply the system of linear equations to solve various problems in the field of business and economics. - Students to be able to apply their knowledge of linear models and numerous arrays for solving various problems in business and economics. - To provide students with advanced knowledge for calculating compound interest, periodic deposits, periodic rents, loans and financial decisions.
-
[CBE-203]
[6 ECTS]
Microeconomics
Basic understandings on economic phenomenon and the Global Universal microeconomic terminology are achieved through this course. Theoretical approaches that allow coming to their own idea of the possible application solutions to the problems of production, exchange and organization of individual enterprise, a separate branch or a separate market are followed and analyzed. Development components provide dynamic dimension without which simplified approaches would be unusable. Foundations of macroeconomics is taught through the world as part of the universal effort to instantly identify and define similar problems and come up they might be resolved in a similar way everywhere, but to get to the information that can aggregate level to help in formulating macroeconomic objectives and strategic planning elements. It is a part of the need to build globally similar societies in which frequent business, political labor or other contacts will be recognized for all participants in the same way and will be resolved using similar complementary instruments are all usable everywhere.
-
[6 ECTS]
Free elective course
- [EFE-107] Public Speaking
- [EFE-127] Debate and Presentation Skills
- [EFE-108] Intercultural Studies
- [EFE-108] Communication Skills
- [EFE-110] Advanced Excel
- [EFE-111] Advanced IT skills
- [EFE-112] Advanced Word
- [EFE-113] Google Apps
- [EFE-114] Advanced Access
- [EFE-115] Desktop Publications
- [EFE-116] Web Publications
- [EFE-129] Albanian Language and Writing Culture
- [EFE-131] Albanian Language for Specific
- [EFE-102] Academic Writing in English
- [EFE-103] Academic Writing in Macedonian
- [EFE-104] Academic Writing in Albanian
- [EFE-105] German Language (level 1 to 4)
- [EFE-117] Environmental Protection
- [EFE-121] Professional Careеr Development
- [EFE-132] Human Rights and Freedoms
-
[3 ECTS]
Elective course - English Language
- [BENP-01] English Language for General and Professional Purposes 1
- [BENP-02] English Language for General and Professional Purposes 2
- [BENP-03] English Language for General and Professional Purposes 3
- [BENP-04] English Language for General and Professional Purposes 4
- [BEN-05] English Language 5
- [BEN-06] English Language 6
- [3 ECTS] Elective course - Albanian/Macedonian Language
Semester 3
-
[CBE-301]
[6 ECTS]
Statistics
The purpose of the course is for students to acquire knowledge to be able to: - Use descriptive analysis when analyzing data. - Use probability and random variables in solving business problems. - To understand the statistical lock which is the basic for interpreting results and making business decisions. - Using correlation and simple multiple regression. - To know the basics of analysis of variance. To understand the basics of index numbers and the methods for analyzing time series. Prerequisites for entering the course: Business Math.
-
[CBE-302]
[6 ECTS]
Business Calculus
The program aims to enable students: - To prove that they have knowledge and understanding of dependencies between the sizes that is used in business and economics and simple mathematical models. - To identify the relationship between differential calculus and functions of business and economics. - To apply these relations to study the dependencies between sizes in business and economics. - To apply differential calculus to solve various problems in applied business and economics. Prerequisites for entering the course: Business Math.
-
[CBE-303]
[6 ECTS]
Macroeconomics
Students will gain knowledge about: - Macroeconomic concepts and categories that is a prerequisite to the functioning of a national economy as a part of the broader global economic system. - Importance of the principal macroeconomic indicators such as gross national product, national income, economic growth, economic cycle, investment and public consumption, inflation, unemployment money and banks, budget, balance of payment and more. - Basic tools of macroeconomic analysis (aggregate supply and demand) and macroeconomic policies (monetary and fiscal policy) and others. - The efficient function of a national economy, comparing it with modern market economies, indicating in that direction differences, similarities and opportunities for future development of the respective economy. - Knowledge of macroeconomics, which will allow easier access to other advanced macroeconomic courses. Prerequisites for entering the course: Introduction to Economics and Business, Microeconomics.
- [6 ECTS] Elective course - English for specific purposes 1
-
[6 ECTS]
Free elective course
- [EFE-107] Public Speaking
- [EFE-127] Debate and Presentation Skills
- [EFE-108] Intercultural Studies
- [EFE-108] Communication Skills
- [EFE-110] Advanced Excel
- [EFE-111] Advanced IT skills
- [EFE-112] Advanced Word
- [EFE-113] Google Apps
- [EFE-114] Advanced Access
- [EFE-115] Desktop Publications
- [EFE-116] Web Publications
- [EFE-129] Albanian Language and Writing Culture
- [EFE-131] Albanian Language for Specific
- [EFE-102] Academic Writing in English
- [EFE-103] Academic Writing in Macedonian
- [EFE-104] Academic Writing in Albanian
- [EFE-105] German Language (level 1 to 4)
- [EFE-117] Environmental Protection
- [EFE-121] Professional Careеr Development
- [EFE-132] Human Rights and Freedoms
Semester 4
-
[CBE-401]
[6 ECTS]
Operational Management
The purpose of the course is for students to acquire knowledge to be able: - To prepare and make decisions in which products and services are made. - To prepare and make decisions in which products and services are controlled. - To find a suitable approach to solve any situation connected with the complex problems of products and services. - To learn about various activities of the organization and functioning of the overall system operating management. - To prepare and make decisions that creates conditions for products and services. Prerequisites for entering the course: Principles of Management.
-
[CBE-402]
[6 ECTS]
Financial Accounting
The purpose of this course is to equip students with advanced knowledge of accounting and their application in the accounting system of business entities. Prerequisites for entering the course: Principles of Accounting.
-
[CBE-403]
[6 ECTS]
Marketing Management
The purpose of this course is to prepare students to use and manage 4-P of an organization or company, so they’re able to design optimal marketing element, products, pricing, promotion and distribution methods that companies face. Specifically, the goal is to understand the complexity of decisions in marketing management, as well as frameworks for analysis of markets, customers, competitors and integrating concepts from the original marketing plan. Prerequisites for entering the course: Principles of marketing.
- [6 ECTS] Elective course
- [6 ECTS] Elective course - English for specific purposes 2
Semester 5
-
[CBEM-603]
[6 ECTS]
Organizational Behavior
The course aims to familiarize students with organizational behavior and organizational psychology. From this point students should acquire adequate knowledge of leadership, power, authority, teamwork, conflict, role and significance of the individual business organization, etc. Prerequisites for entering the course: Management principles.
-
[CBEM-502]
[6 ECTS]
Human Resources Management
The purpose of this course is to acquaint students with the importance and role of human resource management in contemporary business organizations. Within this course students will become familiar with the process management of human resources both in theory and practice of international and domestic companies. Prerequisites for entering the course: Principles of management.
-
[CBEM-503]
[6 ECTS]
Market Research
The course covers the fundamentals of Market Research (research, descriptive and causal). Furthermore, the course includes knowledge from the field of different types of Marketing Research (qualitative and quantitative), as well as complex issues from every stage of the process of Market Research, including definition of major problems supported by research objectives with information, methodology, questionnaire design, samples, data collection, statistical analyses (for example: data/content analysis).
-
[6 ECTS]
Elective course
- [EBEM-606] Career Development
- [EBEM-605] Promotion
- [EBEM-604] Distrubution and Sale Methods
- [EBEM-603] E-Commerce
- [EBEM-602] Game Theory
- [EBEM-701] Foundations of International Business
- [CBEF-501] Financial Management
- [EBEM-506] Risk Management
- [EBEM-505] Managment Information Systems
- [EBEM-503] Business Communication
- [EBEM-502] Total Quality Management
- [CBEF-602] Public Finance
- [EBE-01] Management Accounting
- [EBE-405] Supply Chain Management
- [EBE-410] Business Law
- [CBM-501] Bank Management
- [EBA3010] Business Planning
- [EBEM-702] Price Marketing
- [EBEM-703] Mathematical Methods and Models in Economics
- [EBA031] International Management
- [EBEM-704] Public Institutions Management
- [EBEM-801] Product Management
- [EBEM-802] Operations Research
- [EBEM-803] Corporate Entrepreneurship
-
[6 ECTS]
Elective course
- [EBEM-606] Career Development
- [EBEM-605] Promotion
- [EBEM-604] Distrubution and Sale Methods
- [EBEM-603] E-Commerce
- [EBEM-602] Game Theory
- [EBEM-701] Foundations of International Business
- [CBEF-501] Financial Management
- [EBEM-506] Risk Management
- [EBEM-505] Managment Information Systems
- [EBEM-503] Business Communication
- [EBEM-502] Total Quality Management
- [CBEF-602] Public Finance
- [CBEF-507] Management Accounting
- [EBE-405] Supply Chain Management
- [EBE-410] Business Law
- [CBM-501] Bank Management
- [EBA3010] Business Planning
- [EBEM-702] Price Marketing
- [EBEM-703] Mathematical Methods and Models in Economics
- [EBA031] International Management
- [EBEM-704] Public Institutions Management
- [EBEM-801] Product Management
- [EBEM-802] Operations Research
- [EBEM-803] Corporate Entrepreneurship
Semester 6
-
[CBEM-601]
[6 ECTS]
Strategic Management
The Strategic Management course is designed to expose students to the many facets of strategy which translated to why certain companies outperform their competition and gain sustainable competitive advantage. It is not a course on strategic planning but will provide students with the tools to perform a strategic analysis. The students will learn the process of strategic management beginning with the formulation of the philosophy and mission, analysing the internal and external environment, and analysing the companies’ competitive position. Major focus of the course is placed on Strategy Formulation - methods for analyzing industries and competitors within these industries and - Strategy Implementation.
-
[CBEM-602]
[6 ECTS]
Product Design and Management
The purpose of this course is to prepare students to use techniques and methods for design and management of products and services to manage them and be able to apply them in business companies. Prerequisites for entering the course: Management principles.
-
[CBEM-501]
[6 ECTS]
Small Business and Entrepreneurship
The purpose of the course is to help students in understanding the meaning and essence, functioning and organization of small enterprises in the economy. Prerequisites for entering the course: Introduction to business and economics.
-
[6 ECTS]
Elective course
- [EBEM-606] Career Development
- [EBEM-605] Promotion
- [EBEM-604] Distrubution and Sale Methods
- [EBEM-603] E-Commerce
- [EBEM-602] Game Theory
- [EBEM-701] Foundations of International Business
- [CBEF-501] Financial Management
- [EBEM-506] Risk Management
- [EBEM-505] Managment Information Systems
- [EBEM-503] Business Communication
- [EBEM-502] Total Quality Management
- [CBEF-602] Public Finance
- [CBEF-507] Management Accounting
- [EBE-405] Supply Chain Management
- [EBE-410] Business Law
- [CBM-501] Bank Management
- [EBA3010] Business Planning
- [EBEM-702] Price Marketing
- [EBEM-703] Mathematical Methods and Models in Economics
- [EBA031] International Management
- [EBEM-704] Public Institutions Management
- [EBEM-801] Product Management
- [EBEM-802] Operations Research
- [EBEM-803] Corporate Entrepreneurship
-
[6 ECTS]
Elective course
- [EBEM-606] Career Development
- [EBEM-605] Promotion
- [EBEM-604] Distrubution and Sale Methods
- [EBEM-603] E-Commerce
- [EBEM-602] Game Theory
- [EBEM-701] Foundations of International Business
- [CBEF-501] Financial Management
- [EBEM-506] Risk Management
- [EBEM-505] Managment Information Systems
- [EBEM-503] Business Communication
- [EBEM-502] Total Quality Management
- [CBEF-602] Public Finance
- [CBEF-507] Management Accounting
- [EBE-405] Supply Chain Management
- [EBE-410] Business Law
- [CBM-501] Bank Management
- [EBA3010] Business Planning
- [EBEM-702] Price Marketing
- [EBEM-703] Mathematical Methods and Models in Economics
- [EBA031] International Management
- [EBEM-704] Public Institutions Management
- [EBEM-801] Product Management
- [EBEM-802] Operations Research
- [EBEM-803] Corporate Entrepreneurship
240 ECTS (4 years)

Semester 7
-
[EBE-401]
[6 ECTS]
Consumer Behavior
The main objective of this course is for students to gain knowledge about consumer behavior. The course will focus on analyzing the factors that contribute to the process of deciding to purchase some products or services. One of the most complex aspects of marketing is understanding the consumer. At the heart of any business is the demand for products or services. Therefore, understanding the what, when, why, where and how consumers chose products is important for the market. Research on consumer behavior over the last few decades has been processed in other areas such as psychology, economics, anthropology and sociology to better understand consumer behavior.
-
[CBEM-701]
[6 ECTS]
Decision making theory
The theory of decision making has the following objectives: • Students will learn the importance of business decision-making in the modern world. • Students will be able to carry out the assessment of business conditions and in accordance with the same offer alternatives. • Students will be provided with in-depth knowledge about modern techniques and approaches to business decision-making.
-
[CBEM-702]
[6 ECTS]
Change Management and Innovation
Goals of this subject are: • To know how to manage changes inside the business, • To learn methods how to improve innovation and creativity inside the enterprise • To understand innovation and challenges and benefits that result from innovation, • To understand ways of improving the competitive advantage of enterprises, • To understand elements and processes for development of the alternative ways of using of the knowledge in creating competitive advantage.
-
[6 ECTS]
Elective course
- [EBEM-606] Career Development
- [EBEM-605] Promotion
- [EBEM-604] Distrubution and Sale Methods
- [EBEM-603] E-Commerce
- [EBEM-602] Game Theory
- [EBEM-701] Foundations of International Business
- [CBEF-501] Financial Management
- [EBEM-506] Risk Management
- [EBEM-505] Managment Information Systems
- [EBEM-503] Business Communication
- [EBEM-502] Total Quality Management
- [CBEF-602] Public Finance
- [CBEF-507] Management Accounting
- [EBE-405] Supply Chain Management
- [EBE-410] Business Law
- [CBM-501] Bank Management
- [EBA3010] Business Planning
- [EBEM-702] Price Marketing
- [EBEM-703] Mathematical Methods and Models in Economics
- [EBA031] International Management
- [EBEM-704] Public Institutions Management
- [EBEM-801] Product Management
- [EBEM-802] Operations Research
- [EBEM-803] Corporate Entrepreneurship
-
[6 ECTS]
Free elective course
- [EFE-107] Public Speaking
- [EFE-127] Debate and Presentation Skills
- [EFE-108] Intercultural Studies
- [EFE-108] Communication Skills
- [EFE-110] Advanced Excel
- [EFE-111] Advanced IT skills
- [EFE-112] Advanced Word
- [EFE-113] Google Apps
- [EFE-114] Advanced Access
- [EFE-115] Desktop Publications
- [EFE-116] Web Publications
- [EFE-129] Albanian Language and Writing Culture
- [EFE-131] Albanian Language for Specific
- [EFE-102] Academic Writing in English
- [EFE-103] Academic Writing in Macedonian
- [EFE-104] Academic Writing in Albanian
- [EFE-105] German Language (level 1 to 4)
- [EFE-117] Environmental Protection
- [EFE-121] Professional Careеr Development
- [EFE-132] Human Rights and Freedoms
Semester 8
-
[EBE-404]
[6 ECTS]
Marketing Services
The main objective of this course is to develop an understanding of marketing management – services. This course will help students to improve their understanding in designing marketing strategies to improve the quality of services aimed at satisfying the expectations of consumers. The purpose of this course is to introduce, to discuss and analyze several issues related to service organizations. Upon successful completion of this course, students will gain knowledge of the challenges involved in marketing services, which will identify the differences between marketing services versus marketing in the organization of production. The course will also enable students to identify and analyze the various components of the marketing mix of services. Prerequisites for entering the course: Principles of marketing.
-
[CBEM-801]
[6 ECTS]
Leadership
Course Objectives: After completing the course students should be trained; • To describe the nature of leadership and VWP leadership and management; • To discuss generic leadership approaches; • To identify the theories of leadership in the modern world;
-
[EBEM-501]
[6 ECTS]
Corporate Management
The purpose of this course is to familiarize students with: the theoretical foundations of corporate governance, the importance and role of corporate governance in the modern business world as well as stakeholders in corporate governance. The purpose of this course is to familiarize students with corporate management and to gain knowledge and create their own critical views on stakeholders of corporate governance in our country and the world through a comparative analysis of good practices of corporate governance. The course of Corporate Governance will enable students: - To gain expanded knowledge about corporations and their importance for the functioning of modern societies. - To extend knowledge gained about the models of corporate governance that applies in different parts of the modern world. - To acquire knowledge and to enable them to create their own views on the major stakeholders in corporate governance and so on. Prerequisites for entering the course: Introduction to management.
-
[6 ECTS]
Elective course
- [EBEM-606] Career Development
- [EBEM-605] Promotion
- [EBEM-604] Distrubution and Sale Methods
- [EBEM-603] E-Commerce
- [EBEM-602] Game Theory
- [EBEM-701] Foundations of International Business
- [CBEF-501] Financial Management
- [EBEM-506] Risk Management
- [EBEM-505] Managment Information Systems
- [EBEM-503] Business Communication
- [EBEM-502] Total Quality Management
- [CBEF-602] Public Finance
- [CBEF-507] Management Accounting
- [EBE-405] Supply Chain Management
- [EBE-410] Business Law
- [CBM-501] Bank Management
- [EBA3010] Business Planning
- [EBEM-702] Price Marketing
- [EBEM-703] Mathematical Methods and Models in Economics
- [EBA031] International Management
- [EBEM-704] Public Institutions Management
- [EBEM-801] Product Management
- [EBEM-802] Operations Research
- [EBEM-803] Corporate Entrepreneurship
-
[CBE-802]
[6 ECTS]
Project - Case study
Course objectives: - To encourage students to engage in active learning; - To provide opportunity for development of key skills such as communication, group working and problem solving; - To allow the application of theoretical knowledge, thus, bridging the gap between theory and practice; - To assist students in coping with ambiguities; - To enable students to generate and evaluate numerous possible solutions;