The course is divided into several basic units of crucial importance to financial management such as: basic theoretical concepts of modern finance, valuation and return on investment in securities, portfolio risk securities, valuation of debt and equity options, the theory of capital structure, and analysis of value creation within the company (NPV, IRR, PBP, WACC, EPS …) etc. In modern financial theory this course is dealing with modern analysis of corporate securities in the primary and secondary capital markets and financial strategies.
This course helps students understand the constant and systematic management of functions within organizations so that they are competitive in today’s market. As part of this course, students do a Capstone computer simulation. The importance of value maximization for shareholders and a number of other points of view are discussed using theoretical concepts applied in the simulation. Students manage all aspects of business: production, marketing, logistics, finance, human resources, etc.
The main objective of this course is to train students and future managers for critical and analytical thinking in the process of business decision-making based on different types of financial and accounting information prepared by managerial accounting & controlling. With obtained knowledge, students should be able to solve real examples from the daily operations of companies in which they work. The course covers a wide aspect of financial and accounting
In essence, Quantitative Methods for Managers is a key reference for managers who aim to become skilled in management and marketing. This course is about what to measure and how to measure, when assessing the effects of managerial and marketing tactics. Evaluation and control are essential strategic managerial and marketing processes; and the basis of evaluation and control is measurement. It will be explained how to measure emerging topics such as social marketing, sales force management and brand equity, in addition to explaining indispensable topics ranging from Return on Sales to Cannibalization Rate. The quantification and evaluation of economic theories and hypotheses today represent a vital tool when making decisions on economic policy in conditions of market uncertainty. Since the most pressing question in market today is not simply how to measure any single outcome but understanding how all the various topics interconnect – and the resulting financial consequences of managerial and marketing decisions. Quantitative Methods for Managers move this discussion a major step forward by reviewing alternative integrated measurement systems and how companies are assembling such systems for better diagnostics and more transparent managerial models. Companies who develop a deep understanding of this interconnectivity will gain significant competitive advantage over time.
Effective project management ensures that projects are completed within set deadlines and budgets and have a satisfactory level of quality. One of the main goals of this course is to acquaint students with the techniques needed to achieve these three goals. The basic problems and parts of project management that students need to master are: the characteristics of an effective project manager, the characteristic responsibilities of the manager and project selection, project development and delivery; developing a detailed time and business plan and budget, establishing and maintaining a project team, managing and controlling the quality of project work and risk management; communication between project team members, investors and managers; anticipating and avoiding potential problems; specific roles of support services (finance, marketing, procurement, technology support).
Management of change and human resources, focuses on micro views of change and psychological resistance to change. This course will cover the basic functions of human resources management, learning from the example of business organizations with other colleagues and project development. Students will also analyze jobs and job descriptions. Functions covered in this course include: employment, job selection and familiarization with it, employee training, etc.
In the course Business Ethics and Corporate Responsibility, students will learn how to transparently identify moral dilemmas in the business environment and quickly find an appropriate solution. One element of the course will be applying critical thinking to business cases and making transparent, ethical business decisions. Topics covered in this lecture include: ethical systems, ethical business decision-making – all in relation to customers, market, environment, procurement and international business. Furthermore, the place and role of the corporation in terms of its position will be analyzed with regard to culture, religion, tradition, government policy, legislation, etc.
Different forms of leadership are key to the survival of all types of organizations. With the help of practical examples and role-playing, this course emphasizes motivation, understanding, interpersonal relationships, communication models, change management, listening skills, teamwork, conflict resolution, negotiation, time management, goal setting and organizational values.
This course is based on the following topics and management strategies: developing strategic thinking skills, assessing opportunities, anticipating and managing strategic change; connecting different management disciplines; reactions to acquisitions, external services, declining staff, joint ventures, strategic alliances; development, coordination and management of financial, physical and human resources; strategy models, competitive advantages, strategic options.
The role of this course is to acquaint students with the practical application of marketing strategy, starting with the challenges that every manager faces. Typically, these challenges include: (1) assessing markets, competition, and conditions affecting the sale of goods and services, (2) market segmentation, target market selection, and marketing mix, (3) strategies that maintain competitive advantage in different markets and competitive conditions (stages of introduction, growth, maturity and decline). The basis of this course is, of course, the simulation of marketing strategy, Markstrat, in which students make decisions about their marketing strategies with given parameters in a market with intense competition.
The purpose of professional practice is to enable students to apply academic knowledge and skills in a real business environment and develop their independence, responsibility and creativity needed to fulfill business and work tasks in situations with practical business activities. Students are encouraged to connect their professional practice with the preparation of the thesis by applying the knowledge and skills acquired during the study, but also collect and analyze primary and secondary data and propose recommendations based on the collected data.
The last step in the graduate study is to write a final thesis in the field of the candidate’s choice, which is mentored by one of the lecturers from the desired field. Before candidates embark on this research paper, a proposal of the desired topic should be submitted, including the methodology used in the research. The mentor will help the candidate through the entire course of research until the completion and defense of the thesis.