Economics and Management

The aim of the Master's academic programme Economics and management is to equip students with new knowledge and skills, and to deepen and expand existing professional competencies achieved by completing a Bachelor's degree program. Students are intended to apply in the international labor market in the fields of economics and management or to implement own business plan. In the Master's study, emphasis is placed on more advanced and demanding issues of a strategic nature and international overlap, such as managerial economics, international financial management, strategic management and marketing, human resources management or law in international trade. The study programme and individual courses are designed to deepen students' ability to obtain and sort important data and then analyze them using appropriate quantitative and econometric methods with the support of software tools. The frequent inclusion of managers of cooperating companies in the teaching of profiling courses also significantly contributes to the correct understanding of the issues. An important goal of the study is also to support the interest of gifted students in scientific research and to motivate them to start doctoral studies.

After successfully completing his/her studies the graduate is able to:

• be familiar with the terminology of business science, mathematics in economics and statistical data processing;
• explain the principles of key economic models explaining economic phenomena, including the impact of economic policies at the macro and micro level;
• be familiar with the functioning of economic entities and the business environment at international level;
• make decisions and solve problems related to the organisation and management of basic activities in private and public sector organisations;
• make decisions about the economic activities of organisations based on an analysis of their current state and an estimate of the future development of the business environment;
• analyse and interpret internal business data with respect to the execution of the organisation's global strategy;
• integrate knowledge from different professional fields and apply logical methods of analysis and synthesis to reach decisions in order to meet the organisation's strategic objectives;
• self-reflection and self-learning in line with the need to respond to technological developments in the organisation's field of activity and the changing business environment;
• organise and manage the economic activities of organisations at middle and senior management levels;
• develop your own business activities;
• independently resolve or significantly contribute to the resolution of crisis situations;
• to set the strategic objectives of organisations in the light of macro and micro environmental trends;
• take responsibility for the implementation of the corporate strategy or significant parts of it;
• decide on the international activities of the organisation, including personnel policy.

WHERE CAN YOU WORK WITH OUR DEGREE?

- In management positions of higher management of companies, non-profit or contributory organizations and financial institutions.

- In managerial positions in international business environment.

- In accounting departments of companies and in audit organizations.

- In scientific and pedagogical fields focused on the issues of economics and management with the possibility of continuing the study in the PhD programme of Economics and management.

The study programme is fully based on the ECTS credit system. The length of the lesson is 45 minutes. The length of the semester is 13 weeks. The student is obliged to obtain 120 ECTS credits within the study. During the study, the student completes a total of 11 compulsory subjects of the programme basis, representing 67 ECTS credits (56 % of the study plan). Within the category of compulsory courses, 5 courses are conceived as basic theoretical courses (Advanced microeconomics, Advanced macroeconomics, Managerial economics, International financial management, International business law). The other four compulsory courses fall into the category of courses of the profiling basis (Strategic management, Strategic marketing, Human resource management, Retail management). The remaining compulsory courses are programme-based courses, covering the quantitative data processing area and their completion thus completes the complex profile of the graduate. Within the compulsory elective courses, the student has the opportunity to choose from 8 courses with the obligation to obtain 26 credits (22 % of the study plan). This means successful completion of 5 courses. The study plan does not include optional courses, but the student can choose them voluntarily and can pick out from all courses of the Master's study that are offered at the faculty. This enables the student to profile himself in another discipline in addition to the study program (e.g. managerial informatics, public economics and administration, etc.). On a similar principle, a student can complete a study stay abroad or participate in solving real problems and the tasks of economic practice within the Business Gate Academy. During the study, students prepare a diploma thesis (DT) on a given topic under the guidance of the thesis supervisor. DT forms a compulsory component of the study programme, as well as a special diploma seminar (Master thesis seminar). The student demonstrates the ability of independent thinking, problem analysis and relevant expertise. For these activities the student will receive a total of 27 ECTS credits (22 % of the study plan).

The Master's academic study programme Economics and Management is a direct follow-up to the Bachelor's study programme Economics and Management at SU SBA. Students of the Master's study programme Economics and Management have the opportunity to participate in scientific research activities carried out at the departments participating in the teaching of the study programme. Graduates of the Master's degree in Economics and Management with an interest and prerequisites for scientific and innovative activities can advance to the doctoral degree (PhD) in the Economics and Management study programme, which is accredited at SU SBA. In the doctoral study, they can subsequently develop topics related mainly to the issue of managing the economic activities of organizations, their strategic or business activities.