Faculty of Economics / MANAGEMENT / BUSINESS
| Course: | BUSINESS/ |
| Course ID | Course status | Semester | ECTS credits | Lessons (Lessons+Exercises+Laboratory) |
| 8 | Obavezan | 2 | 6 | 2+2+0 |
| Programs | MANAGEMENT |
| Prerequisites | There are no prerequisites |
| Aims | The course aims to provide students understand the business as a way of thinking and behavior. The main objective of this course is to enable students to understand the importance and role of business and entrepreneurship in todays business environment, as well as mastering the basic skills and key skills to start and successfully run their own business. The intention is to enable students to self-assessment of business opportunities, their market valorisation, assessment of their own entrepreneurship (business) skills, as well as the modeling of the business plan, which will create the preconditions for a successful entrepreneurial management, not only within small entrepreneurial ventures, but also the conditions concrete economic realities of large organizations. |
| Learning outcomes | After passing this exam, students will be able to: Describe the basic categories of business and entrepreneurship ventures; Explain the business through the ability of spotting opportunities and identify key tasks of business owners (entrepreneurs); Talk about the nature of business opportunities, sources of business ideas, methods for spotting opportunities and of making business decisions; Explain the innovation as business determinant, describe the process of the innovation and point out types of innovation; Analyze resources as a business determinant and describe the business (entrepreneurial) infrastructure; Develop a business plan model (the form and content of a concrete idea or company); Classifiy general and specific models of financing a business as well as possible variants in the creation of business through the international and national practices; |
| Lecturer / Teaching assistant | Boban Melović, PhD |
| Methodology | Explication of theoretical postulates, case studies (foreign and domestic), essays, debates, practical workshops (business plan, etc..), discussions in class, etc.. |
| Plan and program of work | |
| Preparing week | Preparation and registration of the semester |
| I week lectures | Introduction to business - the basic categories and conceptual definition of business and entrepreneurial ventures; Historical development of entrepreneurship (business) - classical and contemporary theories; |
| I week exercises | Introduction to business - the basic categories and conceptual definition of business and entrepreneurial ventures; Historical development of entrepreneurship (business) - classical and contemporary theories; |
| II week lectures | Nature of business (entrepreneurship); The ability to identify business opportunities; Operations (tasks) of business owners; Business management; Entrepreneurial management and business stakeholders; |
| II week exercises | Nature of business (entrepreneurship); The ability to identify business opportunities; Operations (tasks) of business owners; Business management; Entrepreneurial management and business stakeholders; |
| III week lectures | Classification (types) of business owners (entrepreneurs); Entrepreneurship vs small business; Properties and characteristics of business owners (entrepreneurs); The objectives of the business; Business (entrepreneurial) skills; The influence of cultural factors on business; Business network; Conflicts in business; |
| III week exercises | Classification (types) of business owners (entrepreneurs); Entrepreneurship vs small business; Properties and characteristics of business owners (entrepreneurs); The objectives of the business; Business (entrepreneurial) skills; The influence of cultural factors on business; Business network; Conflicts in business; |
| IV week lectures | Business (entrepreneurial) process; Business ideas vs business opportunity; Factors entrepreneurial (business) processes; |
| IV week exercises | Business (entrepreneurial) process; Business ideas vs business opportunity; Factors entrepreneurial (business) processes; |
| V week lectures | Traditional career vs business (entrepreneurial) career; The process of initiating a business |
| V week exercises | Traditional career vs business (entrepreneurial) career; The process of initiating a business |
| VI week lectures | Business opportunity – nature of business opportunities; Innovation as a determinant of business; Sources of business ideas; Methods and techniques for detecting and analyzing business opportunities; Entrepreneurial (business) risk; Business decisions; The process of innovation; Types of innovation in business; |
| VI week exercises | Business opportunity – nature of business opportunities; Innovation as a determinant of business; Sources of business ideas; Methods and techniques for detecting and analyzing business opportunities; Entrepreneurial (business) risk; Business decisions; The process of innovation; Types of innovation in business; |
| VII week lectures | Midterm exam |
| VII week exercises | Midterm exam |
| VIII week lectures | Resources as a determinant of business; Business (Entrepreneurship) infrastructure; |
| VIII week exercises | Resources as a determinant of business; Business (Entrepreneurship) infrastructure; |
| IX week lectures | Organization of business activities; Changes as a determinant of business; Control of resources in business; Contemporary forms of business organization; The life cycle of a business; Business and market - the relationship and hierarchy; |
| IX week exercises | Organization of business activities; Changes as a determinant of business; Control of resources in business; Contemporary forms of business organization; The life cycle of a business; Business and market - the relationship and hierarchy; |
| X week lectures | Business crisis - causes, consequences and possible solutions (solutions); Types of business crises; |
| X week exercises | Business crisis - causes, consequences and possible solutions (solutions); Types of business crises; |
| XI week lectures | Success factors for new business; Measuring success in business; Communicating in business; Motivation (reward system) in business; Business and Social Responsibility - business results and business ethics. Control of business activities; |
| XI week exercises | Success factors for new business; Measuring success in business; Communicating in business; Motivation (reward system) in business; Business and Social Responsibility - business results and business ethics. Control of business activities; |
| XII week lectures | A business plan; Creating a business plan - the form and content of the business plan; Enable students to independently develop business plans, preparing for competitions etc. |
| XII week exercises | A business plan; Creating a business plan - the form and content of the business plan; Enable students to independently develop business plans, preparing for competitions etc. |
| XIII week lectures | Initiating a new business; The choice of form of business ownership; Legal aspects of business management; Positioning of business on the market; |
| XIII week exercises | Initiating a new business; The choice of form of business ownership; Legal aspects of business management; Positioning of business on the market; |
| XIV week lectures | Financing business; Models of financing business (business enterprise); Support business development and entrepreneurship - international and national practices; Specific models of business development - Scientific and technological parks, business incubators and clusters; Social entrepreneurship and business; Womens entrepreneurship and business; Electronic business; |
| XIV week exercises | Financing business; Models of financing business (business enterprise); Support business development and entrepreneurship - international and national practices; Specific models of business development - Scientific and technological parks, business incubators and clusters; Social entrepreneurship and business; Womens entrepreneurship and business; Electronic business; |
| XV week lectures | Possible variations in the design of business; Buying an existing business; Starting a new business; Franchising as a model for developing business; Mergers and acquisitions as a model of growth management business; Going out of business - leaving businesses; Businesses and new economic paradigm - business, globalization and modern trends; Test; |
| XV week exercises | Possible variations in the design of business; Buying an existing business; Starting a new business; Franchising as a model for developing business; Mergers and acquisitions as a model of growth management business; Going out of business - leaving businesses; Businesses and new economic paradigm - business, globalization and modern trends; Test; |
| Student workload | 5 credits x 40/30 = 6,66 hours Structure: 2 hours of lectures 2 hours of exercise 2.6 hours of independent work, including consultations |
| Per week | Per semester |
| 6 credits x 40/30=8 hours and 0 minuts
2 sat(a) theoretical classes 0 sat(a) practical classes 2 excercises 4 hour(s) i 0 minuts of independent work, including consultations |
Classes and final exam:
8 hour(s) i 0 minuts x 16 =128 hour(s) i 0 minuts Necessary preparation before the beginning of the semester (administration, registration, certification): 8 hour(s) i 0 minuts x 2 =16 hour(s) i 0 minuts Total workload for the subject: 6 x 30=180 hour(s) Additional work for exam preparation in the preparing exam period, including taking the remedial exam from 0 to 30 hours (remaining time from the first two items to the total load for the item) 36 hour(s) i 0 minuts Workload structure: 128 hour(s) i 0 minuts (cources), 16 hour(s) i 0 minuts (preparation), 36 hour(s) i 0 minuts (additional work) |
| Student obligations | Students are required to attend classes regularly and take the planned tests, essays, seminars and practical works. |
| Consultations | After hours of lectures and during official terms for consultations published on the website of the Faculty. |
| Literature | Boban Melović PhD, Business and Entrepreneurship, Faculty of Economics, Podgorica, 2015, chrestomathy - selection of leading textbooks of business and entrepreneurship; Further reading: Dragan Lajović PhD and associates, Introduction to Business, Faculty of Economics, Podgorica, 2012, chrestomathy Blagoje Paunovic, Entrepreneurship and Small Business Management, Faculty of Economics, Belgrade, 2012 Entrepreneurship training programs - London Business School Programs GEM - Global Entrepreneurship Monitor |
| Examination methods | Assessment structures formed on the basis of the following elements: Two colloquiums with 25 points. Essay / Activity - 10 points; Business Plan - 10 points. The final exam - 30 points. |
| Special remarks | - |
| Comment | - |
| Grade: | F | E | D | C | B | A |
| Number of points | less than 50 points | greater than or equal to 50 points and less than 60 points | greater than or equal to 60 points and less than 70 points | greater than or equal to 70 points and less than 80 points | greater than or equal to 80 points and less than 90 points | greater than or equal to 90 points |
Faculty of Economics / MANAGEMENT / ACCOUNTING
| Course: | ACCOUNTING/ |
| Course ID | Course status | Semester | ECTS credits | Lessons (Lessons+Exercises+Laboratory) |
| 11 | Obavezan | 3 | 5 | 2+3+0 |
| Programs | MANAGEMENT |
| Prerequisites | |
| Aims | Understand fundamental accounting concepts as well as to be able to read and extract meaningful information from financial statements |
| Learning outcomes | |
| Lecturer / Teaching assistant | Tanja Lakovic, PhD |
| Methodology | Lectures, exercises, class activities. |
| Plan and program of work | |
| Preparing week | Preparation and registration of the semester |
| I week lectures | Role of Accounting in Society: explain importance of Accounting; identify users of Accounting, describe typical accounting activities and the role accountants play in identifying, recording, and reporting financial Activities |
| I week exercises | Identifying the Four Financial Statements, their purpose and their elements |
| II week lectures | Describe principles, assumptions, and concepts of accounting and their relationship to financial statements; Bookkeeping |
| II week exercises | Define and describe accounting equation |
| III week lectures | Define and describe the initial steps in the accounting cycle |
| III week exercises | Define and describe the expanded accounting equation and Its relationship to analyzing transactions, posting to the general ledger and to the T-account, |
| IV week lectures | Statement of Financial Position: Equity Statement of Financial Position -Current and Non-current Liabilites |
| IV week exercises | Identifying and Recording Transactions and other events, journalizing, posting to the T-account |
| V week lectures | Statement of Financial Position: acquisition and disposition of property, plan and equipment and intangible assets |
| V week exercises | Identifying and Recording Transactions and other events, journalizing, posting to the T-account |
| VI week lectures | depreciation - method of cost allocation , disposition of property, plant and equipment and intangible assets |
| VI week exercises | Identifying and Recording Transactions and other events, journalizing, posting to the T-account |
| VII week lectures | Statement of Financial Position: Inventory issues: classification, costs included in inventory, cost flow assumption |
| VII week exercises | Identifying and Recording Transactions and other events, journalizing, posting to the T-account |
| VIII week lectures | Statement of Financial Position: Inventory issues: , cost flow assumption Statement of Financial Position -Current Assets: Cash and receivables, |
| VIII week exercises | Identifying and Recording Transactions and other events, journalizing, posting to the T-account |
| IX week lectures | Income Statement and Related Information: usefulness, limitations and quality of earnings; elements-cost and expenditures |
| IX week exercises | Identifying and Recording Transactions and other events, journalizing, posting to the T-account |
| X week lectures | Income Statement and Related Information: usefulness, limitations and quality of earnings; elements- revenue, cost |
| X week exercises | Identifying and Recording Transactions and other events, journalizing, posting to the T-account |
| XI week lectures | Describe and prepare closing Entries for a business, prepare a post-closing trial balance |
| XI week exercises | Examples: closing entries, prepare a post-closing trial balance |
| XII week lectures | Preparation for the mid-term test |
| XII week exercises | MId-term test 9.12. |
| XIII week lectures | preparation for final exam |
| XIII week exercises | Practical work |
| XIV week lectures | Preparation for the final exam/ practical work |
| XIV week exercises | Final exam 23.12 |
| XV week lectures | Finale exam (The final examination will be given according to the official university schedule). |
| XV week exercises | Finale exam (The final examination will be given according to the official university schedule). |
| Student workload | Per week 5 ECTS credits x 40/30 =6 hours and 40 min Structure: 1 hours and 30 min of lectures 2 hours and 15 min of exercises 2 hours and 55min of independent work including consultation Per semester 5 ECTS x 30 = 150 hours Struktura: Lectures and final exams: 6 hours and 40 min*16 weeks=106 hours and 40 min Preparation befor the start of semester (administration, enrolment ): 6 hours and 40 min*2=13 hours and 20min Additional work –preparation for the corrective exam period: 30 hours |
| Per week | Per semester |
| 5 credits x 40/30=6 hours and 40 minuts
2 sat(a) theoretical classes 0 sat(a) practical classes 3 excercises 1 hour(s) i 40 minuts of independent work, including consultations |
Classes and final exam:
6 hour(s) i 40 minuts x 16 =106 hour(s) i 40 minuts Necessary preparation before the beginning of the semester (administration, registration, certification): 6 hour(s) i 40 minuts x 2 =13 hour(s) i 20 minuts Total workload for the subject: 5 x 30=150 hour(s) Additional work for exam preparation in the preparing exam period, including taking the remedial exam from 0 to 30 hours (remaining time from the first two items to the total load for the item) 30 hour(s) i 0 minuts Workload structure: 106 hour(s) i 40 minuts (cources), 13 hour(s) i 20 minuts (preparation), 30 hour(s) i 0 minuts (additional work) |
| Student obligations | Students are strongly encouraged to participate and ask questions during lectures and exercises. Keeping up with the material will be the key to your success in this accounting course. Thus, it is imperative that you read the chapter prior to the day we cover that particular material and keep up with the homework. Homework assignments will be given throughout the semester |
| Consultations | after a lectures e-mail: tanjavu@ ucg.ac.me |
| Literature | Textbooks and other reading materials: 1. Weygandt,J.J., Kimmel . D. P., Kieso, E. D, Accounting Principles, Thirteenth Edition,Wiley, 2018 2. Mitchell Franklin, Patty Graybeal, Dixon Cooper, Principles of Accounting, Volume 1: Financial Accounting, OpenStax , Rice University 2019, 3. Kieso, E,D., Weygandt,J.J., and Warfield.D. T „Intermediate Accounting, volumen 1, IFRS Edition 2008 |
| Examination methods | MId-term test: 40 points Final test: theory - 45 points (oral / written)(The exam may consist of multiple choice, short answer, and calculation questions.) Activities during the class: up to 15 points |
| Special remarks | During the exams, cell phones and laptops must be turned off (if the exam is administered in a classroom). All that you will need to complete the exams is a pencil, a basic calculator, and notes provided/allowed by the instructor. • If sick and unable to take an exam, the student will contact the instructor before the examination is given, if physically possible to do so |
| Comment |
| Grade: | F | E | D | C | B | A |
| Number of points | less than 50 points | greater than or equal to 50 points and less than 60 points | greater than or equal to 60 points and less than 70 points | greater than or equal to 70 points and less than 80 points | greater than or equal to 80 points and less than 90 points | greater than or equal to 90 points |
Faculty of Economics / MANAGEMENT / BUSINESS STATISTICS
| Course: | BUSINESS STATISTICS/ |
| Course ID | Course status | Semester | ECTS credits | Lessons (Lessons+Exercises+Laboratory) |
| 34 | Obavezan | 2 | 6 | 2+3+0 |
| Programs | MANAGEMENT |
| Prerequisites | none |
| Aims | |
| Learning outcomes | Business statistics - learning outcomes Upon completion of this course the student will be able to: 1. Demonstrate knowledge of basic statistical concepts, and to interpret the different concepts and techniques applied in statistics. 2. Arrange, group and display data using tables and graphs. 3. Calculate and interpret basic numerical descriptive measures. 4. Examine the basic concepts of probability and rules for calculating probabilities. 5. Classify random variables and their different types. 6. Summarize knowledge about the significance and application of the normal probability distribution. 7. Assess the importance of the basics of inferential statistics and sampling distribution. 8. Demonstrate how to estimate the arithmetic mean of a population and the proportion of a population. 9. Apply knowledge of the hypothesis testing process. 10. Illustrate the basics of regression and correlation analysis. |
| Lecturer / Teaching assistant | Doc. dr Julija Cerović Smolović mr Bojan Pejović |
| Methodology |
| Plan and program of work | |
| Preparing week | Preparation and registration of the semester |
| I week lectures | Introduction to statistics. Types of statistics. Population versus sample. Basic terms. Types of variables. Cross-sections versus time-series data. Sources of data, Summation notation. |
| I week exercises | Introduction to statistics. Types of statistics. Population versus sample. Basic terms. Types of variables. Cross-sections versus time-series data. Sources of data, Summation notation. |
| II week lectures | Organizing and graphing data. Qualitative and quantitative data. Histogram. Cumulative frequency distribution. Stem-and-leaf displays. Dotplots. |
| II week exercises | Organizing and graphing data. Qualitative and quantitative data. Histogram. Cumulative frequency distribution. Stem-and-leaf displays. Dotplots. |
| III week lectures | Numerical descriptive measures. Measures of central tendency for ungrouped data. |
| III week exercises | Numerical descriptive measures. Measures of central tendency for ungrouped data. |
| IV week lectures | Measures of dispersion for ungrouped data. Mean, variance and standard deviation for grouped data. Use of standard deviation. |
| IV week exercises | Measures of dispersion for ungrouped data. Mean, variance and standard deviation for grouped data. Use of standard deviation. |
| V week lectures | Probability. Experiment, outcome and sample space. Calculating probability. Marginal and conditional probabilities. Mutually exclusive events. Independent and dependent events. Complementary events. Intersection of events and the multiplication rule. Union of events and the addition rule. |
| V week exercises | Probability. Experiment, outcome and sample space. Calculating probability. Marginal and conditional probabilities. Mutually exclusive events. Independent and dependent events. Complementary events. Intersection of events and the multiplication rule. Union of events and the addition rule. |
| VI week lectures | Discrete random variables and their probability distributions. Mean and standard deviation of a discrete random variable. Binomial, hypergeometric and Poisson probability distribution. |
| VI week exercises | Discrete random variables and their probability distributions. Mean and standard deviation of a discrete random variable. Binomial, hypergeometric and Poisson probability distribution. |
| VII week lectures | Continuous random variables and the normal distribution. Standardized normal distribution. Standardizing a normal distribution. Applications of the normal distribution. |
| VII week exercises | Continuous random variables and the normal distribution. Standardized normal distribution. Standardizing a normal distribution. Applications of the normal distribution. |
| VIII week lectures | Population distribution and sampling distribution. Sampling errors and nonsampling (systematic) errors. Mean and standard deviation of the sampling distribution of sample mean. Shape and application of the sampling distribution of the sample mean. Population and sample proportion. |
| VIII week exercises | Population distribution and sampling distribution. Sampling errors and nonsampling (systematic) errors. Mean and standard deviation of the sampling distribution of sample mean. Shape and application of the sampling distribution of the sample mean. Population and sample proportion. |
| IX week lectures | Population and sample proportion. Mean and standard deviation of the sampling distribution of the sample proportion. Shape and application of the sampling distribution of the sample proportion. Estimation of a population mean. Point and interval estimates. |
| IX week exercises | Population and sample proportion. Mean and standard deviation of the sampling distribution of the sample proportion. Shape and application of the sampling distribution of the sample proportion. Estimation of a population mean. Point and interval estimates. |
| X week lectures | Estimation of a population proportion: large samples. Hypothesis tests about the population mean. |
| X week exercises | Estimation of a population proportion: large samples. Hypothesis tests about the population mean. |
| XI week lectures | Hypothesis tests about the population proportion: large samples. Simple linear regression model and analysis. Standard deviation of errors. Coefficient of determination. Statistical inference about the slope parameter. |
| XI week exercises | Hypothesis tests about the population proportion: large samples. Simple linear regression model and analysis. Standard deviation of errors. Coefficient of determination. Statistical inference about the slope parameter. |
| XII week lectures | Preparation for colloquium. |
| XII week exercises | Preparation for colloquium. |
| XIII week lectures | Colloquium. |
| XIII week exercises | Colloquium. |
| XIV week lectures | Linear correlation. Using and problems in using the regression model. Time series and index numbers. Time series components. Base and chain indices. Individual and group indices. Index weighting. |
| XIV week exercises | Linear correlation. Using and problems in using the regression model. Time series and index numbers. Time series components. Base and chain indices. Individual and group indices. Index weighting. |
| XV week lectures | Corrective colloquium. |
| XV week exercises | Corrective colloquium. |
| Student workload | - |
| Per week | Per semester |
| 6 credits x 40/30=8 hours and 0 minuts
2 sat(a) theoretical classes 0 sat(a) practical classes 3 excercises 3 hour(s) i 0 minuts of independent work, including consultations |
Classes and final exam:
8 hour(s) i 0 minuts x 16 =128 hour(s) i 0 minuts Necessary preparation before the beginning of the semester (administration, registration, certification): 8 hour(s) i 0 minuts x 2 =16 hour(s) i 0 minuts Total workload for the subject: 6 x 30=180 hour(s) Additional work for exam preparation in the preparing exam period, including taking the remedial exam from 0 to 30 hours (remaining time from the first two items to the total load for the item) 36 hour(s) i 0 minuts Workload structure: 128 hour(s) i 0 minuts (cources), 16 hour(s) i 0 minuts (preparation), 36 hour(s) i 0 minuts (additional work) |
| Student obligations | Students are required to attend classes and do a colloquium. |
| Consultations | Look on the notice board and on the faculty website. |
| Literature | Prem Mann Introductory Statistics, 6th edition, John Wiley & Sons, Inc. |
| Examination methods | Activity – 10 points Colloquium- 50 points Final exam- 40 points |
| Special remarks | |
| Comment |
| Grade: | F | E | D | C | B | A |
| Number of points | less than 50 points | greater than or equal to 50 points and less than 60 points | greater than or equal to 60 points and less than 70 points | greater than or equal to 70 points and less than 80 points | greater than or equal to 80 points and less than 90 points | greater than or equal to 90 points |
Faculty of Economics / MANAGEMENT / FISCAL POLICY
| Course: | FISCAL POLICY/ |
| Course ID | Course status | Semester | ECTS credits | Lessons (Lessons+Exercises+Laboratory) |
| 54 | Obavezan | 5 | 6 | 2+2+0 |
| Programs | MANAGEMENT |
| Prerequisites | |
| Aims | |
| Learning outcomes | |
| Lecturer / Teaching assistant | |
| Methodology |
| Plan and program of work | |
| Preparing week | Preparation and registration of the semester |
| I week lectures | |
| I week exercises | |
| II week lectures | |
| II week exercises | |
| III week lectures | |
| III week exercises | |
| IV week lectures | |
| IV week exercises | |
| V week lectures | |
| V week exercises | |
| VI week lectures | |
| VI week exercises | |
| VII week lectures | |
| VII week exercises | |
| VIII week lectures | |
| VIII week exercises | |
| IX week lectures | |
| IX week exercises | |
| X week lectures | |
| X week exercises | |
| XI week lectures | |
| XI week exercises | |
| XII week lectures | |
| XII week exercises | |
| XIII week lectures | |
| XIII week exercises | |
| XIV week lectures | |
| XIV week exercises | |
| XV week lectures | |
| XV week exercises |
| Student workload | |
| Per week | Per semester |
| 6 credits x 40/30=8 hours and 0 minuts
2 sat(a) theoretical classes 0 sat(a) practical classes 2 excercises 4 hour(s) i 0 minuts of independent work, including consultations |
Classes and final exam:
8 hour(s) i 0 minuts x 16 =128 hour(s) i 0 minuts Necessary preparation before the beginning of the semester (administration, registration, certification): 8 hour(s) i 0 minuts x 2 =16 hour(s) i 0 minuts Total workload for the subject: 6 x 30=180 hour(s) Additional work for exam preparation in the preparing exam period, including taking the remedial exam from 0 to 30 hours (remaining time from the first two items to the total load for the item) 36 hour(s) i 0 minuts Workload structure: 128 hour(s) i 0 minuts (cources), 16 hour(s) i 0 minuts (preparation), 36 hour(s) i 0 minuts (additional work) |
| Student obligations | |
| Consultations | |
| Literature | |
| Examination methods | |
| Special remarks | |
| Comment |
| Grade: | F | E | D | C | B | A |
| Number of points | less than 50 points | greater than or equal to 50 points and less than 60 points | greater than or equal to 60 points and less than 70 points | greater than or equal to 70 points and less than 80 points | greater than or equal to 80 points and less than 90 points | greater than or equal to 90 points |
Faculty of Economics / MANAGEMENT / INTERNATIONAL MARKETING
| Course: | INTERNATIONAL MARKETING/ |
| Course ID | Course status | Semester | ECTS credits | Lessons (Lessons+Exercises+Laboratory) |
| 68 | Obavezan | 5 | 6 | 2+2+0 |
| Programs | MANAGEMENT |
| Prerequisites | |
| Aims | |
| Learning outcomes | |
| Lecturer / Teaching assistant | |
| Methodology |
| Plan and program of work | |
| Preparing week | Preparation and registration of the semester |
| I week lectures | |
| I week exercises | |
| II week lectures | |
| II week exercises | |
| III week lectures | |
| III week exercises | |
| IV week lectures | |
| IV week exercises | |
| V week lectures | |
| V week exercises | |
| VI week lectures | |
| VI week exercises | |
| VII week lectures | |
| VII week exercises | |
| VIII week lectures | |
| VIII week exercises | |
| IX week lectures | |
| IX week exercises | |
| X week lectures | |
| X week exercises | |
| XI week lectures | |
| XI week exercises | |
| XII week lectures | |
| XII week exercises | |
| XIII week lectures | |
| XIII week exercises | |
| XIV week lectures | |
| XIV week exercises | |
| XV week lectures | |
| XV week exercises |
| Student workload | |
| Per week | Per semester |
| 6 credits x 40/30=8 hours and 0 minuts
2 sat(a) theoretical classes 0 sat(a) practical classes 2 excercises 4 hour(s) i 0 minuts of independent work, including consultations |
Classes and final exam:
8 hour(s) i 0 minuts x 16 =128 hour(s) i 0 minuts Necessary preparation before the beginning of the semester (administration, registration, certification): 8 hour(s) i 0 minuts x 2 =16 hour(s) i 0 minuts Total workload for the subject: 6 x 30=180 hour(s) Additional work for exam preparation in the preparing exam period, including taking the remedial exam from 0 to 30 hours (remaining time from the first two items to the total load for the item) 36 hour(s) i 0 minuts Workload structure: 128 hour(s) i 0 minuts (cources), 16 hour(s) i 0 minuts (preparation), 36 hour(s) i 0 minuts (additional work) |
| Student obligations | |
| Consultations | |
| Literature | |
| Examination methods | |
| Special remarks | |
| Comment |
| Grade: | F | E | D | C | B | A |
| Number of points | less than 50 points | greater than or equal to 50 points and less than 60 points | greater than or equal to 60 points and less than 70 points | greater than or equal to 70 points and less than 80 points | greater than or equal to 80 points and less than 90 points | greater than or equal to 90 points |
Faculty of Economics / MANAGEMENT / MARKETING RESEARCH
| Course: | MARKETING RESEARCH/ |
| Course ID | Course status | Semester | ECTS credits | Lessons (Lessons+Exercises+Laboratory) |
| 71 | Obavezan | 5 | 6 | 2+2+0 |
| Programs | MANAGEMENT |
| Prerequisites | None |
| Aims | For students to master knowledge about the process of marketing research in modern business conditions, to acquire skills about the modalities of marketing research and to recognize its role in the decision-making process |
| Learning outcomes | After completing this course, the student will: • demonstrate knowledge and understanding of the essence of modern marketing research; • be able to apply the acquired knowledge about the marketing research process; • develops the ability to adequately communicate and assess when marketing research can and should be used; • acquire the competence to perform a clear and comprehensible interpretation of the appropriate research problem; • be able to prepare a draft of the conducted marketing research; • gain an understanding of various aspects of data collection and their application in practice; • expand understanding of the application of basic techniques in marketing research. |
| Lecturer / Teaching assistant | Milena Lipovina-Bozovic, PhD, Assistant Professor; Milan Raičević, MSc, Teaching Assistant |
| Methodology | Lectures, exercises, case studies, essays, practical work, debates, discussions, consultations. |
| Plan and program of work | |
| Preparing week | Preparation and registration of the semester |
| I week lectures | Basic settings and principles of marketing |
| I week exercises | Basic settings and principles of marketing |
| II week lectures | Contemporary changes in marketing: the role and importance of marketing research |
| II week exercises | Contemporary changes in marketing: the role and importance of marketing research |
| III week lectures | Marketing research in theory and practice |
| III week exercises | Marketing research in theory and practice |
| IV week lectures | Marketing research process |
| IV week exercises | Marketing research process |
| V week lectures | Research design and implementation |
| V week exercises | Research design and implementation |
| VI week lectures | Secondary and exploratory research: sources of marketing data |
| VI week exercises | Secondary and exploratory research: sources of marketing data |
| VII week lectures | Secondary and exploratory research: collecting data |
| VII week exercises | Secondary and exploratory research: collecting data |
| VIII week lectures | Qualitative and observational methods |
| VIII week exercises | Qualitative and observational methods |
| IX week lectures | Descriptive research: problems in data collection; survey method |
| IX week exercises | Descriptive research: problems in data collection; survey method |
| X week lectures | Descriptive research: measuring attitudes and designing questionnaires |
| X week exercises | Descriptive research: measuring attitudes and designing questionnaires |
| XI week lectures | Causal research; conducting an experiment |
| XI week exercises | Causal research; conducting an experiment |
| XII week lectures | Sampling: main principles |
| XII week exercises | Mid-term exam |
| XIII week lectures | Data analysis in marketing research context: main concepts |
| XIII week exercises | Data analysis in marketing research context: hypothesis testing |
| XIV week lectures | Mid-term exam resit |
| XIV week exercises | Case study analysis |
| XV week lectures | Modern applications of marketing research |
| XV week exercises | Presentations of student research papers |
| Student workload | Weekly: 6 credits x 40/30 = 8 hours Structure: 1 hour 30 minutes for lectures 1 hour 30 minutes for exercises 5 hours of individual work, including consultations. In the entire semester: Total load 6 x 30 = 180 hours Structure: Classes and final exam: 8 hours x 16 weeks= 128 hours Pre-semester preparations: 8 hours x 2 = 16 hours Additional time for final exam preparation: 36 hours |
| Per week | Per semester |
| 6 credits x 40/30=8 hours and 0 minuts
2 sat(a) theoretical classes 0 sat(a) practical classes 2 excercises 4 hour(s) i 0 minuts of independent work, including consultations |
Classes and final exam:
8 hour(s) i 0 minuts x 16 =128 hour(s) i 0 minuts Necessary preparation before the beginning of the semester (administration, registration, certification): 8 hour(s) i 0 minuts x 2 =16 hour(s) i 0 minuts Total workload for the subject: 6 x 30=180 hour(s) Additional work for exam preparation in the preparing exam period, including taking the remedial exam from 0 to 30 hours (remaining time from the first two items to the total load for the item) 36 hour(s) i 0 minuts Workload structure: 128 hour(s) i 0 minuts (cources), 16 hour(s) i 0 minuts (preparation), 36 hour(s) i 0 minuts (additional work) |
| Student obligations | Students are obliged to attend courses and do all assignments. |
| Consultations | In scheduled time. |
| Literature | Aaker, D. et al., Marketing Reseach, 13th Edition, Wiley, 2018 |
| Examination methods | - Mid-term exam - 25 points - Research paper – 20 points - Activities during the semester - 5 points - Final exam - 50 points |
| Special remarks | / |
| Comment | / |
| Grade: | F | E | D | C | B | A |
| Number of points | less than 50 points | greater than or equal to 50 points and less than 60 points | greater than or equal to 60 points and less than 70 points | greater than or equal to 70 points and less than 80 points | greater than or equal to 80 points and less than 90 points | greater than or equal to 90 points |
Faculty of Economics / MANAGEMENT / SERVICE MARKETING
| Course: | SERVICE MARKETING/ |
| Course ID | Course status | Semester | ECTS credits | Lessons (Lessons+Exercises+Laboratory) |
| 74 | Obavezan | 6 | 6 | 2+2+0 |
| Programs | MANAGEMENT |
| Prerequisites | |
| Aims | |
| Learning outcomes | |
| Lecturer / Teaching assistant | |
| Methodology |
| Plan and program of work | |
| Preparing week | Preparation and registration of the semester |
| I week lectures | |
| I week exercises | |
| II week lectures | |
| II week exercises | |
| III week lectures | |
| III week exercises | |
| IV week lectures | |
| IV week exercises | |
| V week lectures | |
| V week exercises | |
| VI week lectures | |
| VI week exercises | |
| VII week lectures | |
| VII week exercises | |
| VIII week lectures | |
| VIII week exercises | |
| IX week lectures | |
| IX week exercises | |
| X week lectures | |
| X week exercises | |
| XI week lectures | |
| XI week exercises | |
| XII week lectures | |
| XII week exercises | |
| XIII week lectures | |
| XIII week exercises | |
| XIV week lectures | |
| XIV week exercises | |
| XV week lectures | |
| XV week exercises |
| Student workload | |
| Per week | Per semester |
| 6 credits x 40/30=8 hours and 0 minuts
2 sat(a) theoretical classes 0 sat(a) practical classes 2 excercises 4 hour(s) i 0 minuts of independent work, including consultations |
Classes and final exam:
8 hour(s) i 0 minuts x 16 =128 hour(s) i 0 minuts Necessary preparation before the beginning of the semester (administration, registration, certification): 8 hour(s) i 0 minuts x 2 =16 hour(s) i 0 minuts Total workload for the subject: 6 x 30=180 hour(s) Additional work for exam preparation in the preparing exam period, including taking the remedial exam from 0 to 30 hours (remaining time from the first two items to the total load for the item) 36 hour(s) i 0 minuts Workload structure: 128 hour(s) i 0 minuts (cources), 16 hour(s) i 0 minuts (preparation), 36 hour(s) i 0 minuts (additional work) |
| Student obligations | |
| Consultations | |
| Literature | |
| Examination methods | |
| Special remarks | |
| Comment |
| Grade: | F | E | D | C | B | A |
| Number of points | less than 50 points | greater than or equal to 50 points and less than 60 points | greater than or equal to 60 points and less than 70 points | greater than or equal to 70 points and less than 80 points | greater than or equal to 80 points and less than 90 points | greater than or equal to 90 points |
Faculty of Economics / MANAGEMENT / MANAGERIAL ACCAUNTING
| Course: | MANAGERIAL ACCAUNTING/ |
| Course ID | Course status | Semester | ECTS credits | Lessons (Lessons+Exercises+Laboratory) |
| 88 | Obavezan | 5 | 6 | 2+2+0 |
| Programs | MANAGEMENT |
| Prerequisites | |
| Aims | |
| Learning outcomes | |
| Lecturer / Teaching assistant | |
| Methodology |
| Plan and program of work | |
| Preparing week | Preparation and registration of the semester |
| I week lectures | |
| I week exercises | |
| II week lectures | |
| II week exercises | |
| III week lectures | |
| III week exercises | |
| IV week lectures | |
| IV week exercises | |
| V week lectures | |
| V week exercises | |
| VI week lectures | |
| VI week exercises | |
| VII week lectures | |
| VII week exercises | |
| VIII week lectures | |
| VIII week exercises | |
| IX week lectures | |
| IX week exercises | |
| X week lectures | |
| X week exercises | |
| XI week lectures | |
| XI week exercises | |
| XII week lectures | |
| XII week exercises | |
| XIII week lectures | |
| XIII week exercises | |
| XIV week lectures | |
| XIV week exercises | |
| XV week lectures | |
| XV week exercises |
| Student workload | |
| Per week | Per semester |
| 6 credits x 40/30=8 hours and 0 minuts
2 sat(a) theoretical classes 0 sat(a) practical classes 2 excercises 4 hour(s) i 0 minuts of independent work, including consultations |
Classes and final exam:
8 hour(s) i 0 minuts x 16 =128 hour(s) i 0 minuts Necessary preparation before the beginning of the semester (administration, registration, certification): 8 hour(s) i 0 minuts x 2 =16 hour(s) i 0 minuts Total workload for the subject: 6 x 30=180 hour(s) Additional work for exam preparation in the preparing exam period, including taking the remedial exam from 0 to 30 hours (remaining time from the first two items to the total load for the item) 36 hour(s) i 0 minuts Workload structure: 128 hour(s) i 0 minuts (cources), 16 hour(s) i 0 minuts (preparation), 36 hour(s) i 0 minuts (additional work) |
| Student obligations | |
| Consultations | |
| Literature | |
| Examination methods | |
| Special remarks | |
| Comment |
| Grade: | F | E | D | C | B | A |
| Number of points | less than 50 points | greater than or equal to 50 points and less than 60 points | greater than or equal to 60 points and less than 70 points | greater than or equal to 70 points and less than 80 points | greater than or equal to 80 points and less than 90 points | greater than or equal to 90 points |
Faculty of Economics / MANAGEMENT / BUSINESS INFORMATICS
| Course: | BUSINESS INFORMATICS/ |
| Course ID | Course status | Semester | ECTS credits | Lessons (Lessons+Exercises+Laboratory) |
| 2108 | Obavezan | 1 | 6 | 2+2+0 |
| Programs | MANAGEMENT |
| Prerequisites | |
| Aims | |
| Learning outcomes | |
| Lecturer / Teaching assistant | |
| Methodology |
| Plan and program of work | |
| Preparing week | Preparation and registration of the semester |
| I week lectures | |
| I week exercises | |
| II week lectures | |
| II week exercises | |
| III week lectures | |
| III week exercises | |
| IV week lectures | |
| IV week exercises | |
| V week lectures | |
| V week exercises | |
| VI week lectures | |
| VI week exercises | |
| VII week lectures | |
| VII week exercises | |
| VIII week lectures | |
| VIII week exercises | |
| IX week lectures | |
| IX week exercises | |
| X week lectures | |
| X week exercises | |
| XI week lectures | |
| XI week exercises | |
| XII week lectures | |
| XII week exercises | |
| XIII week lectures | |
| XIII week exercises | |
| XIV week lectures | |
| XIV week exercises | |
| XV week lectures | |
| XV week exercises |
| Student workload | |
| Per week | Per semester |
| 6 credits x 40/30=8 hours and 0 minuts
2 sat(a) theoretical classes 0 sat(a) practical classes 2 excercises 4 hour(s) i 0 minuts of independent work, including consultations |
Classes and final exam:
8 hour(s) i 0 minuts x 16 =128 hour(s) i 0 minuts Necessary preparation before the beginning of the semester (administration, registration, certification): 8 hour(s) i 0 minuts x 2 =16 hour(s) i 0 minuts Total workload for the subject: 6 x 30=180 hour(s) Additional work for exam preparation in the preparing exam period, including taking the remedial exam from 0 to 30 hours (remaining time from the first two items to the total load for the item) 36 hour(s) i 0 minuts Workload structure: 128 hour(s) i 0 minuts (cources), 16 hour(s) i 0 minuts (preparation), 36 hour(s) i 0 minuts (additional work) |
| Student obligations | |
| Consultations | |
| Literature | |
| Examination methods | |
| Special remarks | |
| Comment |
| Grade: | F | E | D | C | B | A |
| Number of points | less than 50 points | greater than or equal to 50 points and less than 60 points | greater than or equal to 60 points and less than 70 points | greater than or equal to 70 points and less than 80 points | greater than or equal to 80 points and less than 90 points | greater than or equal to 90 points |
Faculty of Economics / MANAGEMENT / ECONOMICS OF FIRM
| Course: | ECONOMICS OF FIRM/ |
| Course ID | Course status | Semester | ECTS credits | Lessons (Lessons+Exercises+Laboratory) |
| 2136 | Obavezan | 1 | 6 | 2+2+0 |
| Programs | MANAGEMENT |
| Prerequisites | Course is not conditioned by other courses. |
| Aims | Study the economics of the firm and understand the basic principles of the firms performances. |
| Learning outcomes | After attending the course and studying course material student will be able to: • recognize the subject of study of the economics of the firm course; • describe relation between economics of the firm and other scientific disciplines; • recognize factors of firm economics; • interpret the influence of the firm economics factors on decision-making; • differentiate elements of direct influence of environment to the firm economics; • differentiate elements of indirect influence of environment to the firm economics; • describe and recognize various types of firms; • describe basic elements of the firm and their mutual conditionality; • describe reproduction process; • differentiate types of reproduction; • interpret the problem of production factors combination; • calculate the depreciation of fixed assets by depreciation method based on time and based on use (activity); • describe the characteristics of production factors; • recognize relation between physical and economic lifetime of assets; • describe the systematization of costs from different point of views; • graffically illustrate and interpret different types of costs in total and average amounts; • describe the relation between marginal and variable costs; • describe the relation between marginal and average total cost; • interpret zones of total cost; • interpret zones of operating results; • describe and calculate significant break-even points in firm performances. |
| Lecturer / Teaching assistant | Jasmina Ćetković, PhD / Milan Raičević, MSc |
| Methodology | Lectures, exercises, consultations, essays, seminar papers, etc. |
| Plan and program of work | |
| Preparing week | Preparation and registration of the semester |
| I week lectures | Conceptual definition of the firm. Economics of the firm in the system of economic sciences. The relationship between economics of the firm and other scientific disciplines. |
| I week exercises | Conceptual definition of the firm. Economics of the firm in the system of economic sciences. The relationship between economics of the firm and other scientific disciplines. |
| II week lectures | The emergence and historical development of firm economics. Factors of firm economics. |
| II week exercises | The emergence and historical development of firm economics. Factors of firm economics. |
| III week lectures | Economic functions of the companies. Type of companies (businesses). |
| III week exercises | Economic functions of the companies. Type of companies (businesses). |
| IV week lectures | Reproduction as the object of studying of the firm economics. Reproductive processes (normal and disordered). |
| IV week exercises | Reproduction as the object of studying of the firm economics. Reproductive processes (normal and disordered). |
| V week lectures | Concept and types of firm production factors. Cost drivers in terms of production factors. A combination of production factors. Equal product curve. Equal cost curve. |
| V week exercises | Concept and types of firm production factors. Cost drivers in terms of production factors. A combination of production factors. Equal product curve. Equal cost curve. |
| VI week lectures | A combination of production factors – part II. Consumption of material. Labor costs. |
| VI week exercises | A combination of production factors – part II. Consumption of material. Labor costs. |
| VII week lectures | Cost of fixed assets. Depreciation of fixed assets. |
| VII week exercises | Cost of fixed assets. Depreciation of fixed assets. |
| VIII week lectures | Costs as a form of investments in reproduction process. |
| VIII week exercises | Costs as a form of investments in reproduction process. |
| IX week lectures | Systematization of costs. Dynamics of costs – introduction. |
| IX week exercises | Systematization of costs. Dynamics of costs – introduction. |
| X week lectures | Dynamics of costs – part II. Fixed costs. Relatively fixed costs. Proportional costs. |
| X week exercises | Dynamics of costs – part II. Fixed costs. Relatively fixed costs. Proportional costs. |
| XI week lectures | Dynamics of costs – part III. Dynamics of variable costs. Marginal costs. Relation between marginal and average total cost. |
| XI week exercises | Dynamics of costs – part III. Dynamics of variable costs. Marginal costs. Relation between marginal and average total cost. |
| XII week lectures | Test |
| XII week exercises | Test |
| XIII week lectures | Zones in dynamics of costs. Zones of business results. |
| XIII week exercises | Zones in dynamics of costs. Zones of business results. |
| XIV week lectures | Corrective test |
| XIV week exercises | Corrective test. |
| XV week lectures | Profit optimization. Significant break-even points in firm performances. |
| XV week exercises | Profit optimization. Significant break-even points in firm performances. |
| Student workload | Weekly - 8 hours Structure: 1 hour and 30 minutes for lectures, 1 hour and 30 minutes for exercise classes, 5 hours of student independent work, including consultations. Per semester - 180 hours Structure: Teaching and final exam: 8 hours x 16 weeks = 128 hours, Necessary preparations before the beginning of the semester (administration, enrollment, certification): 8 hours x 2 = 16 hours, Additional work for preparation and taking the exam in the correctional period: 36 hours. |
| Per week | Per semester |
| 6 credits x 40/30=8 hours and 0 minuts
2 sat(a) theoretical classes 0 sat(a) practical classes 2 excercises 4 hour(s) i 0 minuts of independent work, including consultations |
Classes and final exam:
8 hour(s) i 0 minuts x 16 =128 hour(s) i 0 minuts Necessary preparation before the beginning of the semester (administration, registration, certification): 8 hour(s) i 0 minuts x 2 =16 hour(s) i 0 minuts Total workload for the subject: 6 x 30=180 hour(s) Additional work for exam preparation in the preparing exam period, including taking the remedial exam from 0 to 30 hours (remaining time from the first two items to the total load for the item) 36 hour(s) i 0 minuts Workload structure: 128 hour(s) i 0 minuts (cources), 16 hour(s) i 0 minuts (preparation), 36 hour(s) i 0 minuts (additional work) |
| Student obligations | Students are obliged to attend lectures and to do exam. |
| Consultations | For additional information you can contact teachers by e-mail – Jasmina Ćetković jasmina@ucg.ac.me (room 307), Milan Raičević – milan.raicevic@ucg.ac.me (room 410), in person, before or after lectures, as well as at regular consultation time. |
| Literature | • dr Klara Jakovčević, dr Ljubica Komazec, dr Slavica Tomić „Ekonomika preduzeća“, Faculty of Economics Subotica, 2009 • Blagoje Paunović „Ekonomika preduzeća – preduzeće, okruženje i ulaganja“ Faculty of Economics, University of Belgrade, 2015 • http://web.ebscohost.com (access from the Library of Faculty of Economics Podgorica) |
| Examination methods | Test – 50 points, Active participation in classes – 10 points, Final exam – 40 points. |
| Special remarks | / |
| Comment | / |
| Grade: | F | E | D | C | B | A |
| Number of points | less than 50 points | greater than or equal to 50 points and less than 60 points | greater than or equal to 60 points and less than 70 points | greater than or equal to 70 points and less than 80 points | greater than or equal to 80 points and less than 90 points | greater than or equal to 90 points |
Faculty of Economics / MANAGEMENT / PRINCIPLES OF ECONOMICS
| Course: | PRINCIPLES OF ECONOMICS/ |
| Course ID | Course status | Semester | ECTS credits | Lessons (Lessons+Exercises+Laboratory) |
| 2146 | Obavezan | 1 | 6 | 2+2+0 |
| Programs | MANAGEMENT |
| Prerequisites | |
| Aims | |
| Learning outcomes | |
| Lecturer / Teaching assistant | |
| Methodology |
| Plan and program of work | |
| Preparing week | Preparation and registration of the semester |
| I week lectures | |
| I week exercises | |
| II week lectures | |
| II week exercises | |
| III week lectures | |
| III week exercises | |
| IV week lectures | |
| IV week exercises | |
| V week lectures | |
| V week exercises | |
| VI week lectures | |
| VI week exercises | |
| VII week lectures | |
| VII week exercises | |
| VIII week lectures | |
| VIII week exercises | |
| IX week lectures | |
| IX week exercises | |
| X week lectures | |
| X week exercises | |
| XI week lectures | |
| XI week exercises | |
| XII week lectures | |
| XII week exercises | |
| XIII week lectures | |
| XIII week exercises | |
| XIV week lectures | |
| XIV week exercises | |
| XV week lectures | |
| XV week exercises |
| Student workload | |
| Per week | Per semester |
| 6 credits x 40/30=8 hours and 0 minuts
2 sat(a) theoretical classes 0 sat(a) practical classes 2 excercises 4 hour(s) i 0 minuts of independent work, including consultations |
Classes and final exam:
8 hour(s) i 0 minuts x 16 =128 hour(s) i 0 minuts Necessary preparation before the beginning of the semester (administration, registration, certification): 8 hour(s) i 0 minuts x 2 =16 hour(s) i 0 minuts Total workload for the subject: 6 x 30=180 hour(s) Additional work for exam preparation in the preparing exam period, including taking the remedial exam from 0 to 30 hours (remaining time from the first two items to the total load for the item) 36 hour(s) i 0 minuts Workload structure: 128 hour(s) i 0 minuts (cources), 16 hour(s) i 0 minuts (preparation), 36 hour(s) i 0 minuts (additional work) |
| Student obligations | |
| Consultations | |
| Literature | |
| Examination methods | |
| Special remarks | |
| Comment |
| Grade: | F | E | D | C | B | A |
| Number of points | less than 50 points | greater than or equal to 50 points and less than 60 points | greater than or equal to 60 points and less than 70 points | greater than or equal to 70 points and less than 80 points | greater than or equal to 80 points and less than 90 points | greater than or equal to 90 points |
Faculty of Economics / MANAGEMENT / BUSINESS MATHEMATICS
| Course: | BUSINESS MATHEMATICS/ |
| Course ID | Course status | Semester | ECTS credits | Lessons (Lessons+Exercises+Laboratory) |
| 2147 | Obavezan | 1 | 6 | 2+3+0 |
| Programs | MANAGEMENT |
| Prerequisites | No conditionality. |
| Aims | The subject aims to enable students to understand the basic definitions, theorems, principles and methods of financial mathematics, which are widely used in economics, e.g. in financial management, securities, banking business, insurance,... |
| Learning outcomes | Upon completion of this course students will be able to: 1. Define economic functions, calculates the equilibrium price and determines the profitability interval. 2. Define simple and complex proportion, division of a given quantity, weighted arithmetic mean and apply the percentage calculus when solving economic mathematics problems. 3. Describe the anticipatory and decursive method of interest calculation, nominal, relative and conformal interest rate and apply these terms in determining the prices of money market instruments. 4. Determine the annuity and make a plan for repayment of consumer and investment loans. 5. Apply the principle of equivalence and methods of discounting and prolongation when testing profitability investment, in valuing long-term bonds and stocks. 6. Calculate the discount factor in the insurance-technical sense, defines biometric functions and applies financial mathematics and probability in solving simpler tasks in actuarial mathematics. 7. Describe the types of life insurance and calculate the net and gross premium for each of them. |
| Lecturer / Teaching assistant | prof. dr Vladimir Kašćelan, TA mr Tanja Mirotić |
| Methodology | A classical lecture and exercises. Discussion and clarification during lectures. Short oral test of understanding and knowledge of the subject matter of the lectures, with the active participation of students in solving problems. It is planned two tests and final exam. |
| Plan and program of work | |
| Preparing week | Preparation and registration of the semester |
| I week lectures | Repetition of basic mathematics concepts- set, function, numbers, arithmetic and geometric sequence. Elementary functions. |
| I week exercises | Repetition of basic mathematics concepts- set, function, numbers, arithmetic and geometric sequence. Elementary functions. |
| II week lectures | Economic functions |
| II week exercises | Economic functions |
| III week lectures | Classical calculations in economic mathematics: division, proportions, mixtures, percentage calculation. |
| III week exercises | Classical calculations in economic mathematics: division, proportions, mixtures, percentage calculation. |
| IV week lectures | Applications of percentages in taxation and other economic calculations. Depreciation of fixed assets. |
| IV week exercises | Applications of percentages in taxation and other economic calculations. Depreciation of fixed assets. |
| V week lectures | The concept of the time value of money – the equivalence principle. Interest calculation (decursive and anticipative method). Equivalent interest rates. Simple and compound interest. Discounting (present value) method and method of prolongation. |
| V week exercises | The concept of the time value of money – the equivalence principle. Interest calculation (decursive and anticipative method). Equivalent interest rates. Simple and compound interest. Discounting (present value) method and method of prolongation. |
| VI week lectures | Nominal, relative and effective interest rate. Discounting short term bonds. Price determination of instruments in the money market. Stocks and bonds. Consumer loans. |
| VI week exercises | Nominal, relative and effective interest rate. Discounting short term bonds. Price determination of instruments in the money market. Stocks and bonds. Consumer loans. |
| VII week lectures | Streams of payments – periodic cash inflow and outflow |
| VII week exercises | Streams of payments – periodic cash inflow and outflow |
| VIII week lectures | Investment loans. Conversion of the loan. Intercalary interest. |
| VIII week exercises | Investment loans. Conversion of the loan. Intercalary interest. |
| IX week lectures | Profitability of investments. Net Present Value (NPV) method. Internal rate of return (IRR). Comparison of two investment projects. |
| IX week exercises | Profitability of investments. Net Present Value (NPV) method. Internal rate of return (IRR). Comparison of two investment projects. |
| X week lectures | Basic concepts of probability theory- classical definition, random variables and their expectation. Introduction to actuarial mathematics. Biometric functions. Mortality rate. Expected and probable life duration. |
| X week exercises | Basic concepts of probability theory- classical definition, random variables and their expectation. Introduction to actuarial mathematics. Biometric functions. Mortality rate. Expected and probable life duration. |
| XI week lectures | Test no. 1. |
| XI week exercises | Test no. 1. |
| XII week lectures | Basic concepts of probability theory- classical definition, random variables and their expectation. Introduction to actuarial mathematics. Biometric functions. Mortality rate. Expected and probable life duration. |
| XII week exercises | Basic concepts of probability theory- classical definition, random variables and their expectation. Introduction to actuarial mathematics. Biometric functions. Mortality rate. Expected and probable life duration. |
| XIII week lectures | Life annuities payable annual (single net premium). |
| XIII week exercises | Life annuities payable annual (single net premium). |
| XIV week lectures | Life insurance (single net premium)- pure endowment, whole life insurance (annual case), endowment Life insurance on the fixed term. |
| XIV week exercises | Life insurance (single net premium)- pure endowment, whole life insurance (annual case), endowment Life insurance on the fixed term. |
| XV week lectures | Case of more than one premium (net premiums). Gross premium calculation. |
| XV week exercises | Case of more than one premium (net premiums). Gross premium calculation. |
| Student workload | 5 |
| Per week | Per semester |
| 6 credits x 40/30=8 hours and 0 minuts
2 sat(a) theoretical classes 0 sat(a) practical classes 3 excercises 3 hour(s) i 0 minuts of independent work, including consultations |
Classes and final exam:
8 hour(s) i 0 minuts x 16 =128 hour(s) i 0 minuts Necessary preparation before the beginning of the semester (administration, registration, certification): 8 hour(s) i 0 minuts x 2 =16 hour(s) i 0 minuts Total workload for the subject: 6 x 30=180 hour(s) Additional work for exam preparation in the preparing exam period, including taking the remedial exam from 0 to 30 hours (remaining time from the first two items to the total load for the item) 36 hour(s) i 0 minuts Workload structure: 128 hour(s) i 0 minuts (cources), 16 hour(s) i 0 minuts (preparation), 36 hour(s) i 0 minuts (additional work) |
| Student obligations | Students are required to attend classes |
| Consultations | Consultations are held every week, after the lecture. |
| Literature | B. Laković V. Kašćelan Privredna i finansijska matematika, Ekonomski fakultet- Poslovna škola, II izdanje, Podgorica, 1997. and V. Kašćelan S.Vujošević Zbirka zadataka iz Finansijke i aktuarske matematike, Podgorica 2023 |
| Examination methods | Test no. 1 (written) – 40 points Final exam (written) – 50 points Homeworks and quizzes (written) - 10 points In order to pass the exam it is necesary to have 50% or more. The exam is passed if the total score is at least 50 points. |
| Special remarks | |
| Comment |
| Grade: | F | E | D | C | B | A |
| Number of points | less than 50 points | greater than or equal to 50 points and less than 60 points | greater than or equal to 60 points and less than 70 points | greater than or equal to 70 points and less than 80 points | greater than or equal to 80 points and less than 90 points | greater than or equal to 90 points |
Faculty of Economics / MANAGEMENT / PRINCIPLES OF MANAGEMENT
| Course: | PRINCIPLES OF MANAGEMENT/ |
| Course ID | Course status | Semester | ECTS credits | Lessons (Lessons+Exercises+Laboratory) |
| 2868 | Obavezan | 2 | 6 | 2+2+0 |
| Programs | MANAGEMENT |
| Prerequisites | None. |
| Aims | The aim of the course is to acquaint students with modern concepts of management, and deepen their knowledge of managerial roles, techniques, methods, and functions, strengthen critical thinking and problem-solving skills, especially through the prism of challenges generated by the global environment. |
| Learning outcomes | After the student passes this exam, he/she will be able to: understand the role and importance of management in profit and non-profit organizations, distinguish managerial skills and knowledge, roles and concepts, distinguish the contribution of different authors in the evolution of management as a scientific discipline, recognize different cultural determinants of management in a global environment, identify various aspects of the company’s environment and the impact of the environment on managerial decision-making, explain the importance of specific managerial skills in relation to the management hierarchy, identify the importance of planning, organizing, leading and controlling functions in the management process, create the vision, mission and goals of the specific company, explain, analyse and critically evaluate the importance of different management theories in the conditions of modern business, distinguish basic models of organizational structure, as well as common trends in the field of organizational solutions, analyse and critically evaluates managerial practice in a certain company, while giving suggestions for improvement by introducing appropriate management methods and concepts, analyse and critically evaluates the process of leadership and motivation in a certain company, explain and analyse different control mechanisms within the management process, define the concepts of managerial ethics and social responsibility with an understanding of the advantages and disadvantages of applying corporate social responsibility in the context of business results, understand the importance of decision-making and change management in the context of organizational development, explain and understand modern concepts and approaches in management, delegate tasks in the group and works effectively in the circumstances of teamwork as a member on one hand and as a leader on the other hand, use modern methods to overcome obstacles in communication, as well as to resolve conflict situations, work under pressure and solves emerging problems efficiently. |
| Lecturer / Teaching assistant | Assistant Professor Ivan Radević, Nikola Drašković, Jovana Čabarkapa |
| Methodology | Lectures, exercises, group work, research, essay writing, practical work… |
| Plan and program of work | |
| Preparing week | Preparation and registration of the semester |
| I week lectures | Introduction, preparation and semester enrollment |
| I week exercises | Introduction, preparation and semester enrollment |
| II week lectures | Terminology and definition of management and managers |
| II week exercises | Terminology and definition of management and managers |
| III week lectures | The History of Management |
| III week exercises | The History of Management |
| IV week lectures | Organizational Environments and Cultures. Ethics and Social Responsibility. |
| IV week exercises | Organizational Environments and Cultures. Ethics and Social Responsibility. |
| V week lectures | Planning and Decision-Making. |
| V week exercises | Planning and Decision-Making. |
| VI week lectures | Organizational Strategy. Innovation and Change. |
| VI week exercises | Organizational Strategy. Innovation and Change. |
| VII week lectures | Global Management. Designing Adaptive Organizations. |
| VII week exercises | Global Management. Designing Adaptive Organizations. |
| VIII week lectures | Managing Teams and Managing Human Resource Systems. |
| VIII week exercises | Managing Teams and Managing Human Resource Systems. |
| IX week lectures | Midterm exam |
| IX week exercises | Midterm exam |
| X week lectures | Managing Individuals and a Diverse Workforce. Motivation. |
| X week exercises | Managing Individuals and a Diverse Workforce. Motivation. |
| XI week lectures | Group activity – presentation of research |
| XI week exercises | Group activity – presentation of research |
| XII week lectures | Make-up midterm exam |
| XII week exercises | Make-up midterm exam |
| XIII week lectures | Leadership. Managing Communication. |
| XIII week exercises | Leadership. Managing Communication. |
| XIV week lectures | Basics of controlling, new concepts, and management approaches |
| XIV week exercises | Basics of controlling, new concepts, and management approaches |
| XV week lectures | Managing Information and Managing Service and Manufacturing Operations. |
| XV week exercises | Managing Information and Managing Service and Manufacturing Operations. |
| Student workload | Weekly: 9 hours and 20 minutes, Structure: 1) Lectures: 2 hours and 15 minutes, 2) Exercises: 1 hour and 30 minutes, 3) Independent student work (including consultations): 5 hours and 35 minutes, Semester Total: 210 hours, Structure: 1) Classes and final exam: 9 hours and 20 minutes x 16 weeks = 149 hours and 20 minutes, 2) Necessary preparations before the start of the semester (administration, enrollment, verification): 9 hours and 20 minutes x 2 = 18 hours and 40 minutes, 3) Additional work for exam preparation and taking the make-up exam: 42 hours. |
| Per week | Per semester |
| 6 credits x 40/30=8 hours and 0 minuts
2 sat(a) theoretical classes 0 sat(a) practical classes 2 excercises 4 hour(s) i 0 minuts of independent work, including consultations |
Classes and final exam:
8 hour(s) i 0 minuts x 16 =128 hour(s) i 0 minuts Necessary preparation before the beginning of the semester (administration, registration, certification): 8 hour(s) i 0 minuts x 2 =16 hour(s) i 0 minuts Total workload for the subject: 6 x 30=180 hour(s) Additional work for exam preparation in the preparing exam period, including taking the remedial exam from 0 to 30 hours (remaining time from the first two items to the total load for the item) 36 hour(s) i 0 minuts Workload structure: 128 hour(s) i 0 minuts (cources), 16 hour(s) i 0 minuts (preparation), 36 hour(s) i 0 minuts (additional work) |
| Student obligations | The student is required to attend lectures and exercises and to complete planned activities. |
| Consultations | At the scheduled times published on the website. |
| Literature | Primary literature: Osnovna literatura: Williams, C. (2021). MGMT: Principles of Management. Cengage. Boston, MA 02210, USA. Mašič, B., Dželetović M. (2021) Uvod u menadžment – principi, proces i koncepti. Univerzitet u Beogradu – Inovacioni centar Fakulteta bezbednosti, Akademska misao – Beograd, Srbija. Rupčić, N. (2018). Suvremeni menadžment – teorija i praksa. Ekonomski fakultet, Sveučilišta u Rijeci. Hrvatska. Williams, C. (2022). Principi menadžmenta - MGMT. DATA STATUS. Beograd, Srbija. Additional literature: Robbins, S. P., Coulter, M. & Decenzo, D. A. (2020). Fundamentals of Management. Pearson. Harlow, England. Lussier, R. N. (2021). Management Fundamentals – Concepts – Applications – Skill Development. SAGE. Thousand Oaks, California. USA. Certo, S. C. & Certo. S. T. (2019). Modern Management – Concept and Skills. Harlow, United Kingdom. Griffin, R. W. (2019). Fundamentals of Management. Cengage. Boston, MA 02210, USA. |
| Examination methods | Midterm exam - 30 points, Activities (management in practice, individual and group activities, presentations) - 30 points, Final exam - 40 points. |
| Special remarks | / |
| Comment | / |
| Grade: | F | E | D | C | B | A |
| Number of points | less than 50 points | greater than or equal to 50 points and less than 60 points | greater than or equal to 60 points and less than 70 points | greater than or equal to 70 points and less than 80 points | greater than or equal to 80 points and less than 90 points | greater than or equal to 90 points |
Faculty of Economics / MANAGEMENT / PRINCIPLES OF MARKETING
| Course: | PRINCIPLES OF MARKETING/ |
| Course ID | Course status | Semester | ECTS credits | Lessons (Lessons+Exercises+Laboratory) |
| 2869 | Obavezan | 2 | 6 | 2+2+0 |
| Programs | MANAGEMENT |
| Prerequisites | There is no conditionality for registering and listening to the subject. |
| Aims | The main goal of the course is to educate students to master the concept and logic of marketing, both with theoretical and aspect of practical application, in the conditions of modern market economy. The intention is to make students familiar with the principles of modern marketing and to make them understand its role in the time of the global economy. Therefore, in addition to explaining the essence of the marketing concept, i.e. the role of marketing in the modern age, the discipline includes the analysis of current marketing trends, market analysis through segmentation, targeting and positioning, analysis of marketing research and consumer behavior, as well as the creation of a marketing mix in modern business conditions. Additionally, by studying this subject, students will acquire skills related to the creation of a marketing strategy in modern conditions. Besides of that, students have the opportunity to learn about the special application of marketing, i.e. modern marketing concepts. The ultimate goal is to make students master the principles, logic and skills of marketing, i.e. to enable students to, based on the acquired knowledge and skills, apply a long-term sustainable orientation towards consumers in organizations. |
| Learning outcomes | After the student passes this exam, he/she will be able to: Understand the role of the marketing concept in the modern business environment; Explain modern changes in marketing; Analyze the impact of the micro and macro environment on marketing decision-making; Understand and plan marketing research activities; Explain the key factors that determine consumer behavior; Explain the elements of marketing mix; Indicate the importance of brand identity elements; |
| Lecturer / Teaching assistant | Prof. dr Boban Melović; Doc. dr Vladimir Đurišić dr Sunčica Vuković; Milica Damjanović |
| Methodology | Explications of theoretical postulates, case studies (foreign and domestic), essays, debates, practical workshops, class discussions, consultations, etc. |
| Plan and program of work | |
| Preparing week | Preparation and registration of the semester |
| I week lectures | Business philosophy of marketing - marketing as a concept |
| I week exercises | Business philosophy of marketing - marketing as a concept |
| II week lectures | New era of Marketing - contemporary changes in marketing |
| II week exercises | New era of Marketing - contemporary changes in marketing |
| III week lectures | Market and marketing - segmentation, targeting and positioning |
| III week exercises | Market and marketing - segmentation, targeting and positioning |
| IV week lectures | Marketing environment |
| IV week exercises | Marketing environment |
| V week lectures | Marketing research; Marketing Information System (MIS) |
| V week exercises | Marketing research; Marketing Information System (MIS) |
| VI week lectures | Consumer behavior |
| VI week exercises | Consumer behavior |
| VII week lectures | Market analysis and marketing decision-making |
| VII week exercises | Market analysis and marketing decision-making |
| VIII week lectures | Marketing mix; Colloquium |
| VIII week exercises | Marketing mix; Colloquium |
| IX week lectures | Product as a marketing instrument; New product |
| IX week exercises | Product as a marketing instrument; New product |
| X week lectures | Price |
| X week exercises | Price |
| XI week lectures | Marketing (distribution) channels |
| XI week exercises | Marketing (distribution) channels |
| XII week lectures | Promotion - Integrated marketing communications |
| XII week exercises | Promotion - Integrated marketing communications |
| XIII week lectures | International (global) marketing |
| XIII week exercises | International (global) marketing |
| XIV week lectures | Brand management |
| XIV week exercises | Brand management |
| XV week lectures | Trends in marketing. Marketing and the new economic paradigm. The best cases from domestic and international business practice - case study analysis. |
| XV week exercises | Trends in marketing. Marketing and the new economic paradigm. The best cases from domestic and international business practice - case study analysis. |
| Student workload | Weekly 6 credits x 40/30 = 8 hours Structure: 2 hours and 15 minutes for lectures 1 hour and 30 minutes for exercises 4 hours and 15 minutes of independent student work, including consultations. In the semester Total workload for the subject 6 x 30 = 180 hours Structure: Classes and final exam: 8 hours x 16 weeks = 128 hours Necessary preparations before the beginning of the semester (administration, enrollment, certification): 8 hours x 2 = 16 hours Additional work for preparing and passing the exam in the remedial period: 36 hours. |
| Per week | Per semester |
| 6 credits x 40/30=8 hours and 0 minuts
2 sat(a) theoretical classes 0 sat(a) practical classes 2 excercises 4 hour(s) i 0 minuts of independent work, including consultations |
Classes and final exam:
8 hour(s) i 0 minuts x 16 =128 hour(s) i 0 minuts Necessary preparation before the beginning of the semester (administration, registration, certification): 8 hour(s) i 0 minuts x 2 =16 hour(s) i 0 minuts Total workload for the subject: 6 x 30=180 hour(s) Additional work for exam preparation in the preparing exam period, including taking the remedial exam from 0 to 30 hours (remaining time from the first two items to the total load for the item) 36 hour(s) i 0 minuts Workload structure: 128 hour(s) i 0 minuts (cources), 16 hour(s) i 0 minuts (preparation), 36 hour(s) i 0 minuts (additional work) |
| Student obligations | Students are required to regularly attend classes and participate in activities during the teaching process - colloquium, practical workshops, discussions, final exam. |
| Consultations | In the term available on the website of the faculty. |
| Literature | Mihailović, B., (2013), Basics of marketing, selected parts, CPI, Podgorica. Kotler et al., (2016), Principles of Marketing, selected parts, MATE, Belgrade. Kotler, Ph., Keller, K. L. Marketing Management, Selected Parts, Pearson, 2015. Material from lectures (authorized lectures) - selected parts of contemporary literature in the field of marketing. |
| Examination methods | The rules assessment of the course are aligned with the Rules of study at the undergraduate level prescribed by the University of Montenegro (see more on www.ucg.ac.me). Assessment structure formed on the basis of the following elements: 1. Colloquium (40 points) 2. Activity (20 points) 3. Final exam (40 points) Total 100 points In order to pass the exam, the student needs to cumulatively collect a minimum of 50 points through the offered forms of activity. |
| Special remarks | - |
| Comment | - |
| Grade: | F | E | D | C | B | A |
| Number of points | less than 50 points | greater than or equal to 50 points and less than 60 points | greater than or equal to 60 points and less than 70 points | greater than or equal to 70 points and less than 80 points | greater than or equal to 80 points and less than 90 points | greater than or equal to 90 points |
Faculty of Economics / MANAGEMENT / BUSINESS LAW
| Course: | BUSINESS LAW/ |
| Course ID | Course status | Semester | ECTS credits | Lessons (Lessons+Exercises+Laboratory) |
| 2870 | Obavezan | 2 | 6 | 2+2+0 |
| Programs | MANAGEMENT |
| Prerequisites | There are no conditions. |
| Aims | Introducing students to the concept of law, legal system and organization of the state. Training students in the subject matter of law necessary for dealing with management such as Real Law, Obligation Law, Company Law and Securities Law. |
| Learning outcomes | After the student passes this exam, they will be able to: Describe and explain the social system, legal system and state-legal order; connects and distinguishes legal norms, legal acts, legal institutes and branches of law; describes and explains the basic institutes of obligation and commercial law; describes and explains the basic institutes of real law; explains and compares the basic forms of performing economic activity; distinguishes securities from other written documents and indicates their importance in business relations; independently compiles and distinguishes the basic contracts of the law of obligations. |
| Lecturer / Teaching assistant | prof. dr Mijat Jocović / mr Nikola Martinović |
| Methodology | Lectures, consultations, exercises, seminar papers, tests and final exam. |
| Plan and program of work | |
| Preparing week | Preparation and registration of the semester |
| I week lectures | Basic concepts of state and law. Legal order, legal norms, legal acts, branches of law, legal areas). Examples from practice - emphasis on the analysis of individual branches of law, drafting legal acts and analysis of the content and effects of legal norms. |
| I week exercises | Basic concepts of state and law. Legal order, legal norms, legal acts, branches of law, legal areas). Examples from practice - emphasis on the analysis of individual branches of law, drafting legal acts and analysis of the content and effects of legal norms. |
| II week lectures | Introduction to civil law (subjects of law, objects of civil law, subjective rights,). Examples from practice - emphasis on registration and individualization of legal entities. Examples from practice - emphasis on the analysis of individual branches of law, drafting legal acts and analysis of the content and effects of legal norms. |
| II week exercises | Introduction to civil law (subjects of law, objects of civil law, subjective rights,). Examples from practice - emphasis on registration and individualization of legal entities. Examples from practice - emphasis on the analysis of individual branches of law, drafting legal acts and analysis of the content and effects of legal norms. |
| III week lectures | The concept and types of subjective civil rights. Property. State - concept, types, legal protection. Debate and essay. |
| III week exercises | The concept and types of subjective civil rights. Property. State - concept, types, legal protection. Debate and essay. |
| IV week lectures | Fundamentals of real law. State. Property rights. Examples from case law. |
| IV week exercises | Fundamentals of real law. State. Property rights. Examples from case law. |
| V week lectures | Fundamentals of real law. Officials and rights of real guarantees (manual pledge, mortgage and fiduciary). Emphasis on case law examples. |
| V week exercises | Fundamentals of real law. Officials and rights of real guarantees (manual pledge, mortgage and fiduciary). Emphasis on case law examples. |
| VI week lectures | Fundamentals of the law of obligations. Concept, characteristics, elements of the obligation. Sources of bonds. |
| VI week exercises | Fundamentals of the law of obligations. Concept, characteristics, elements of the obligation. Sources of bonds. |
| VII week lectures | Contract law. The concept and significance of the contract. Principles of contract law. General conditions for concluding a contract. |
| VII week exercises | Contract law. The concept and significance of the contract. Principles of contract law. General conditions for concluding a contract. |
| VIII week lectures | Contract law. Interpretation, effect of the contract, and termination of the contract. Case law analysis - emphasis on the economic consequences of litigation. |
| VIII week exercises | Contract law. Interpretation, effect of the contract, and termination of the contract. Case law analysis - emphasis on the economic consequences of litigation. |
| IX week lectures | Contract law. Individual trade agreements. Case law analysis - emphasis on the economic consequences of litigation. |
| IX week exercises | Contract law. Individual trade agreements. Case law analysis - emphasis on the economic consequences of litigation. |
| X week lectures | Fundamentals of securities law. Concept, types, principles. Check and bill of exchange. Colloquium. |
| X week exercises | Fundamentals of securities law. Concept, types, principles. Check and bill of exchange. Colloquium. |
| XI week lectures | Fundamentals of company law. The concept and types of companies. Emphasis on practical examples. |
| XI week exercises | Fundamentals of company law. The concept and types of companies. Emphasis on practical examples. |
| XII week lectures | Forms of performing economic activity - entrepreneur, partnership, limited partnership, limited liability company, parts of foreign companies. Establishment of companies through examples from practice - simulation of founding a company. |
| XII week exercises | Forms of performing economic activity - entrepreneur, partnership, limited partnership, limited liability company, parts of foreign companies. Establishment of companies through examples from practice - simulation of founding a company. |
| XIII week lectures | Joint stock company - concept, characteristics, bodies of the company. Establishment of a joint stock company through practical examples - simulation of the establishment of a company. |
| XIII week exercises | Joint stock company - concept, characteristics, bodies of the company. Establishment of a joint stock company through practical examples - simulation of the establishment of a company. |
| XIV week lectures | Corrective colloquium. Individual business law contracts (purchase, forwarding, warehousing). Banking. |
| XIV week exercises | Corrective colloquium. Individual business law contracts (purchase, forwarding, warehousing). Banking. |
| XV week lectures | Individual contracts (contracts in tourism, insurance contract). Banking. |
| XV week exercises | Individual contracts (contracts in tourism, insurance contract). Banking. |
| Student workload | 2P+2V - 4 ECTS |
| Per week | Per semester |
| 6 credits x 40/30=8 hours and 0 minuts
2 sat(a) theoretical classes 0 sat(a) practical classes 2 excercises 4 hour(s) i 0 minuts of independent work, including consultations |
Classes and final exam:
8 hour(s) i 0 minuts x 16 =128 hour(s) i 0 minuts Necessary preparation before the beginning of the semester (administration, registration, certification): 8 hour(s) i 0 minuts x 2 =16 hour(s) i 0 minuts Total workload for the subject: 6 x 30=180 hour(s) Additional work for exam preparation in the preparing exam period, including taking the remedial exam from 0 to 30 hours (remaining time from the first two items to the total load for the item) 36 hour(s) i 0 minuts Workload structure: 128 hour(s) i 0 minuts (cources), 16 hour(s) i 0 minuts (preparation), 36 hour(s) i 0 minuts (additional work) |
| Student obligations | Students are required to attend classes, participate in debates and take three tests. |
| Consultations | prof. dr Mijat Jocović - Friday 9-12 h / mr Nikola Martinović - Friday 11.30-13 h |
| Literature | Snežana Miladinović, Poslovno pravo, Podgorica, 2012. |
| Examination methods | Forms of knowledge assessment and grading: Assessing: • Colloquium 45 points. • Class activities (essay, debate, homework) 5 points. • Final exam 50 points. A passing grade is obtained if at least 50 points are accumulated cumulatively. |
| Special remarks | / |
| Comment | / |
| Grade: | F | E | D | C | B | A |
| Number of points | less than 50 points | greater than or equal to 50 points and less than 60 points | greater than or equal to 60 points and less than 70 points | greater than or equal to 70 points and less than 80 points | greater than or equal to 80 points and less than 90 points | greater than or equal to 90 points |
Faculty of Economics / MANAGEMENT / MANAGERIAL INFORMATION SYSTEMS
| Course: | MANAGERIAL INFORMATION SYSTEMS/ |
| Course ID | Course status | Semester | ECTS credits | Lessons (Lessons+Exercises+Laboratory) |
| 2872 | Obavezan | 3 | 5 | 2+2+0 |
| Programs | MANAGEMENT |
| Prerequisites | |
| Aims | |
| Learning outcomes | Understands the role and importance of business information systems; Recognizes stages in the development of information systems; Uses methodology of structured systems analysis for the user requirements specifications in the initial stages of development of information systems; Recognizes the basics of UML Recognizes the theoretical foundations of the various categories of information systems; Resolves numerous tasks by applying advanced Excel that follows the companys operations |
| Lecturer / Teaching assistant | |
| Methodology |
| Plan and program of work | |
| Preparing week | Preparation and registration of the semester |
| I week lectures | |
| I week exercises | |
| II week lectures | |
| II week exercises | |
| III week lectures | |
| III week exercises | |
| IV week lectures | |
| IV week exercises | |
| V week lectures | |
| V week exercises | |
| VI week lectures | |
| VI week exercises | |
| VII week lectures | |
| VII week exercises | |
| VIII week lectures | |
| VIII week exercises | |
| IX week lectures | |
| IX week exercises | |
| X week lectures | |
| X week exercises | |
| XI week lectures | |
| XI week exercises | |
| XII week lectures | |
| XII week exercises | |
| XIII week lectures | |
| XIII week exercises | |
| XIV week lectures | |
| XIV week exercises | |
| XV week lectures | |
| XV week exercises |
| Student workload | |
| Per week | Per semester |
| 5 credits x 40/30=6 hours and 40 minuts
2 sat(a) theoretical classes 0 sat(a) practical classes 2 excercises 2 hour(s) i 40 minuts of independent work, including consultations |
Classes and final exam:
6 hour(s) i 40 minuts x 16 =106 hour(s) i 40 minuts Necessary preparation before the beginning of the semester (administration, registration, certification): 6 hour(s) i 40 minuts x 2 =13 hour(s) i 20 minuts Total workload for the subject: 5 x 30=150 hour(s) Additional work for exam preparation in the preparing exam period, including taking the remedial exam from 0 to 30 hours (remaining time from the first two items to the total load for the item) 30 hour(s) i 0 minuts Workload structure: 106 hour(s) i 40 minuts (cources), 13 hour(s) i 20 minuts (preparation), 30 hour(s) i 0 minuts (additional work) |
| Student obligations | |
| Consultations | |
| Literature | |
| Examination methods | |
| Special remarks | |
| Comment |
| Grade: | F | E | D | C | B | A |
| Number of points | less than 50 points | greater than or equal to 50 points and less than 60 points | greater than or equal to 60 points and less than 70 points | greater than or equal to 70 points and less than 80 points | greater than or equal to 80 points and less than 90 points | greater than or equal to 90 points |
Faculty of Economics / MANAGEMENT / ORGANIZATIONAL BEHAVIOUR
| Course: | ORGANIZATIONAL BEHAVIOUR/ |
| Course ID | Course status | Semester | ECTS credits | Lessons (Lessons+Exercises+Laboratory) |
| 2873 | Obavezan | 4 | 5 | 2+2+0 |
| Programs | MANAGEMENT |
| Prerequisites | |
| Aims | |
| Learning outcomes | |
| Lecturer / Teaching assistant | |
| Methodology |
| Plan and program of work | |
| Preparing week | Preparation and registration of the semester |
| I week lectures | |
| I week exercises | |
| II week lectures | |
| II week exercises | |
| III week lectures | |
| III week exercises | |
| IV week lectures | |
| IV week exercises | |
| V week lectures | |
| V week exercises | |
| VI week lectures | |
| VI week exercises | |
| VII week lectures | |
| VII week exercises | |
| VIII week lectures | |
| VIII week exercises | |
| IX week lectures | |
| IX week exercises | |
| X week lectures | |
| X week exercises | |
| XI week lectures | |
| XI week exercises | |
| XII week lectures | |
| XII week exercises | |
| XIII week lectures | |
| XIII week exercises | |
| XIV week lectures | |
| XIV week exercises | |
| XV week lectures | |
| XV week exercises |
| Student workload | |
| Per week | Per semester |
| 5 credits x 40/30=6 hours and 40 minuts
2 sat(a) theoretical classes 0 sat(a) practical classes 2 excercises 2 hour(s) i 40 minuts of independent work, including consultations |
Classes and final exam:
6 hour(s) i 40 minuts x 16 =106 hour(s) i 40 minuts Necessary preparation before the beginning of the semester (administration, registration, certification): 6 hour(s) i 40 minuts x 2 =13 hour(s) i 20 minuts Total workload for the subject: 5 x 30=150 hour(s) Additional work for exam preparation in the preparing exam period, including taking the remedial exam from 0 to 30 hours (remaining time from the first two items to the total load for the item) 30 hour(s) i 0 minuts Workload structure: 106 hour(s) i 40 minuts (cources), 13 hour(s) i 20 minuts (preparation), 30 hour(s) i 0 minuts (additional work) |
| Student obligations | |
| Consultations | |
| Literature | |
| Examination methods | |
| Special remarks | |
| Comment |
| Grade: | F | E | D | C | B | A |
| Number of points | less than 50 points | greater than or equal to 50 points and less than 60 points | greater than or equal to 60 points and less than 70 points | greater than or equal to 70 points and less than 80 points | greater than or equal to 80 points and less than 90 points | greater than or equal to 90 points |
Faculty of Economics / MANAGEMENT / BUSINESS DECISION MAKING
| Course: | BUSINESS DECISION MAKING/ |
| Course ID | Course status | Semester | ECTS credits | Lessons (Lessons+Exercises+Laboratory) |
| 2874 | Obavezan | 4 | 5 | 2+2+0 |
| Programs | MANAGEMENT |
| Prerequisites | None |
| Aims | Introduction to methods and techniques for making optimal business decisions. |
| Learning outcomes | After passing the exam, students are expected to be able to: - distinguish the directions in the development of the theory of decision-making - identify and explain the most important decision-making factors - recognize and explain the stages in the business decision-making process - choose a decision-making model that corresponds to the observed business environment - choose and apply appropriate methods and techniques for solving decision-making problems under conditions of certainty, uncertainty and risk |
| Lecturer / Teaching assistant | Associate Professor Zdenka Dragašević, lecturer, Dženana Đurković, teaching assistant |
| Methodology | Lectures and exercises. Conversations and explanations. Examples from practice. Checking knowledge of the material. Two mandatory tests. |
| Plan and program of work | |
| Preparing week | Preparation and registration of the semester |
| I week lectures | Overview of the development of the science of decision-making. The concept and definition of decision-making |
| I week exercises | Overview of the development of the science of decision-making. The concept and definition of decision-making |
| II week lectures | Defining the concept and types of decisions |
| II week exercises | Defining the concept and types of decisions |
| III week lectures | Decision making factors |
| III week exercises | Decision making factors |
| IV week lectures | Stages in the decision-making process |
| IV week exercises | Stages in the decision-making process |
| V week lectures | Decision-maker and his preferences |
| V week exercises | Decision-maker and his preferences |
| VI week lectures | Decision making model. Decision making tables and trees |
| VI week exercises | Decision making model. Decision making tables and trees |
| VII week lectures | Decision-making under conditions of certainty |
| VII week exercises | Decision-making under conditions of certainty |
| VIII week lectures | Linear programming - graphical method |
| VIII week exercises | Linear programming - graphical method |
| IX week lectures | Analytical methods for determining the optimal solution of linear programming |
| IX week exercises | Analytical methods for determining the optimal solution of linear programming |
| X week lectures | Exercise tasks - linear programming |
| X week exercises | Exercise tasks - linear programming |
| XI week lectures | The dual problem |
| XI week exercises | The dual problem |
| XII week lectures | Decision making in terms of uncertainty. Methods for choosing the optimal business decision |
| XII week exercises | Decision making in terms of uncertainty. Methods for choosing the optimal business decision |
| XIII week lectures | Methods for selecting optimal business decisions in terms of risk |
| XIII week exercises | Methods for selecting optimal business decisions in terms of risk |
| XIV week lectures | Colloquium |
| XIV week exercises | Colloquium |
| XV week lectures | Remedial colloquium |
| XV week exercises | Remedial colloquium |
| Student workload | Per week: 6 ECTS credits x 40/30 = 8 hours Structure: 2 hours for lectures 2hour of tutorial 4 hours of homework and consultancy. Per semester: Total workload per course 6 ECTSx30 = 180 hours Structure: Lectures and final exam: 8 x16 weeks= 128 hours Preparation before the start of semester (administration work): 8x2 weeks= 16 hours. Additional work to prepare and take the additional term for exams: 36 hours |
| Per week | Per semester |
| 5 credits x 40/30=6 hours and 40 minuts
2 sat(a) theoretical classes 0 sat(a) practical classes 2 excercises 2 hour(s) i 40 minuts of independent work, including consultations |
Classes and final exam:
6 hour(s) i 40 minuts x 16 =106 hour(s) i 40 minuts Necessary preparation before the beginning of the semester (administration, registration, certification): 6 hour(s) i 40 minuts x 2 =13 hour(s) i 20 minuts Total workload for the subject: 5 x 30=150 hour(s) Additional work for exam preparation in the preparing exam period, including taking the remedial exam from 0 to 30 hours (remaining time from the first two items to the total load for the item) 30 hour(s) i 0 minuts Workload structure: 106 hour(s) i 40 minuts (cources), 13 hour(s) i 20 minuts (preparation), 30 hour(s) i 0 minuts (additional work) |
| Student obligations | Taking lectures and exercises, making term papers, doing the homework. |
| Consultations | Available information at website and notice board. |
| Literature | 1. Pavličić D., »Teorija odlučivanja«, Ekonomski fakultet, Beograd 2. Sikavica P., »Poslovno odlučivanje«, Informator, Zagreb 3. Rakočević, S., »Operaciona istraživanja«, Ekonomski fakultet, Podgorica |
| Examination methods | Colloquium - 40 points Activity - 10 points Final exam - 50 points |
| Special remarks | |
| Comment |
| Grade: | F | E | D | C | B | A |
| Number of points | less than 50 points | greater than or equal to 50 points and less than 60 points | greater than or equal to 60 points and less than 70 points | greater than or equal to 70 points and less than 80 points | greater than or equal to 80 points and less than 90 points | greater than or equal to 90 points |
Faculty of Economics / MANAGEMENT / BUSINESS FINANCES
| Course: | BUSINESS FINANCES/ |
| Course ID | Course status | Semester | ECTS credits | Lessons (Lessons+Exercises+Laboratory) |
| 2875 | Obavezan | 4 | 5 | 2+2+0 |
| Programs | MANAGEMENT |
| Prerequisites | None |
| Aims | Synthesis of Accounting and Financial knowledge in management of business finance. |
| Learning outcomes | After passing this exam student will be able to: 1. Recognize and define the role and performance of the financial function in a firm. 2. Describe the relationship between the financial and other functions in the company, as well as the importance of financial policy. 3. Evaluate the financial position of specific company. 4. Analyze basic financial statements and underlying risks of financial decisions. 5. Forecast and conduct an evaluation of long-term investments by using static and dynamic evaluating methods. |
| Lecturer / Teaching assistant | Assistant professor, Ana Mugoša, PhD; Jelena Jovović, MSc |
| Methodology | Lectures and Exercises, Case studies |
| Plan and program of work | |
| Preparing week | Preparation and registration of the semester |
| I week lectures | The role and scope of Financial function |
| I week exercises | Quantitative analysis of basic financial statements |
| II week lectures | The relation between financial and other functions in firm. The structure of Financial function. |
| II week exercises | Liquidity analysis - practical examples |
| III week lectures | Financial policy – definition, aims and principles |
| III week exercises | Financial structure and long-term financial equilibrium analysis - practical examples |
| IV week lectures | Funding rules – vertical and horizontal |
| IV week exercises | Analysis of activity ratios - practical examples |
| V week lectures | Liquidity and liquidity policy |
| V week exercises | Analysis of profitability ratios - practical examples |
| VI week lectures | Self-financing and third party financing. |
| VI week exercises | Analysis of market ratios - practical examples |
| VII week lectures | Crediting |
| VII week exercises | Analysis of break-even point: practical examples |
| VIII week lectures | Specific types of financing. |
| VIII week exercises | Forecasting Balance Sheet |
| IX week lectures | Financial planning – balance sheet and income state forecast. |
| IX week exercises | Forecasting Balance Sheet in Excel |
| X week lectures | Operating and financial risk and leverage. Indifference point |
| X week exercises | Forecasting Income Statement |
| XI week lectures | Cash flow plan, Asset allocation plan, Working capital flow. |
| XI week exercises | Quantitative analysis of leverage ratios |
| XII week lectures | Definition and quantification of long-term investment. Price and effects of long-term investment funding. |
| XII week exercises | Long-term investment project evaluation - practical examples |
| XIII week lectures | Preparation for midterm exam |
| XIII week exercises | Midterm exam |
| XIV week lectures | Evaluation of long-term investment efficiency – dynamic and static methods. |
| XIV week exercises | Long-term investment project evaluation - Excel |
| XV week lectures | Preparation for midterm exam resit |
| XV week exercises | Midterm exam resit |
| Student workload | per week 6 ECTS x 40/30=8hours Structure: 2 hours of lectures 2 hours of exercises 4 hours of individual work and consultations per semester Total course workload: 6ECTS x 30 =180 hours Structure: Lectures and Final exam: 8 x 16 weeks= 128 hours Necessary preparations before beginning of semester: (administration, enrollment and verification): 8 x 2 weeks=16 hours Additional hours for preparation and examination in second exam term 36 hours |
| Per week | Per semester |
| 5 credits x 40/30=6 hours and 40 minuts
2 sat(a) theoretical classes 0 sat(a) practical classes 2 excercises 2 hour(s) i 40 minuts of independent work, including consultations |
Classes and final exam:
6 hour(s) i 40 minuts x 16 =106 hour(s) i 40 minuts Necessary preparation before the beginning of the semester (administration, registration, certification): 6 hour(s) i 40 minuts x 2 =13 hour(s) i 20 minuts Total workload for the subject: 5 x 30=150 hour(s) Additional work for exam preparation in the preparing exam period, including taking the remedial exam from 0 to 30 hours (remaining time from the first two items to the total load for the item) 30 hour(s) i 0 minuts Workload structure: 106 hour(s) i 40 minuts (cources), 13 hour(s) i 20 minuts (preparation), 30 hour(s) i 0 minuts (additional work) |
| Student obligations | Compulsory attendance to lectures and exercises |
| Consultations | in scheduled terms |
| Literature | Fundamentals of financial management, James, C. Van Hoorne, John M. Wachowicz, Jr.. 2008, McGraw Hill, |
| Examination methods | Lecture activities 2 points Written exam 60 points Final exam 38 points |
| Special remarks | Lectures and exercises can be held in English. |
| Comment |
| Grade: | F | E | D | C | B | A |
| Number of points | less than 50 points | greater than or equal to 50 points and less than 60 points | greater than or equal to 60 points and less than 70 points | greater than or equal to 70 points and less than 80 points | greater than or equal to 80 points and less than 90 points | greater than or equal to 90 points |
Faculty of Economics / MANAGEMENT / BUSINESS ANALYSIS
| Course: | BUSINESS ANALYSIS/ |
| Course ID | Course status | Semester | ECTS credits | Lessons (Lessons+Exercises+Laboratory) |
| 2876 | Obavezan | 4 | 5 | 2+2+0 |
| Programs | MANAGEMENT |
| Prerequisites | / |
| Aims | Acquaintance of students with basic financial statements based on IAS and IFRS, as well as basic methods and techniques of financial statement analysis to make rational business and investment decisions. |
| Learning outcomes | The student understands, interprets and analyzes general purpose financial statements. The student calculates the indicators and uses the information contained in the financial reports to evaluate the financial and profitability position of the company. The student applies methods and techniques of analysis (method of induction, method of deduction, method of comparison, method of choosing a unit of measure, etc.) and draws conclusions about the state or phenomenon that was the subject of analysis. The student uses and applies IAS and IFRS, which define the conceptual framework for the presentation and compilation of financial statements and the assessment of balance sheet positions. The student plans and predicts the movement of financial indicators based on the data obtained from the analysis (synthesis) |
| Lecturer / Teaching assistant | Prof. Milan Lakićević, PhD Milica Vukčević, MSc |
| Methodology | Lectures and exercises. Checking of understanding and knowledge of the material will be organized through tasks and examples for independent work, as well as additional explanations of the material covered through consultations. The exam involves colloquium and a final exam. |
| Plan and program of work | |
| Preparing week | Preparation and registration of the semester |
| I week lectures | Familiarize with methods of lectures and exercises, assessment and the way of communication; Accounting reporting, Form and content of financial statements—users of financial statements, Qualitative and quantitative characteristics of financial statements, information to be disclosed in financial statements. |
| I week exercises | Familiarize with methods of lectures and exercises, assessment and the way of communication; Accounting reporting, Form and content of financial statements—users of financial statements, Qualitative and quantitative characteristics of financial statements, information to be disclosed in financial statements. |
| II week lectures | Basics of analysis: subject of analysis, aims and goals of analysis, types of analysis, and methods of analysis. Classification and order of positions in the balance sheet. |
| II week exercises | Basics of analysis: subject of analysis, aims and goals of analysis, types of analysis, and methods of analysis. Classification and order of positions in the balance sheet. |
| III week lectures | Principles of balancing and assessment of balance positions. |
| III week exercises | Principles of balancing and assessment of balance positions. |
| IV week lectures | Estimation of the balance sheet asset and liability positions. |
| IV week exercises | Estimation of the balance sheet asset and liability positions. |
| V week lectures | Asset position analysis: Fixed assets analysis; Analysis of wear and tear of fixed assets; Analysis of the efficiency of the use of fixed assets; Analysis of the degree of capacity utilization; analysis of technical equipment. |
| V week exercises | Asset position analysis: Fixed assets analysis; Analysis of wear and tear of fixed assets; Analysis of the efficiency of the use of fixed assets; Analysis of the degree of capacity utilization; analysis of technical equipment. |
| VI week lectures | Current assets analysis: Analysis of the structure and speed of turnover of current assets. |
| VI week exercises | Current assets analysis: Analysis of the structure and speed of turnover of current assets. |
| VII week lectures | Analysis of a company`s financial position: Financial equilibrium analysis. |
| VII week exercises | Analysis of a company`s financial position: Financial equilibrium analysis. |
| VIII week lectures | Analysis of a company`s financial position: Debt analysis; Analysis of preserving the real value of own capital, Analysis of reproductive capacity. |
| VIII week exercises | Analysis of a company`s financial position: Debt analysis; Analysis of preserving the real value of own capital, Analysis of reproductive capacity. |
| IX week lectures | Income statement: form, content, and methods of preparing an income statement. |
| IX week exercises | Income statement: form, content, and methods of preparing an income statement. |
| X week lectures | Analysis of the structure and distribution of total income. Analysis of the structure and distribution of operating income. Analysis of the structure of the gross financial result. |
| X week exercises | Analysis of the structure and distribution of total income. Analysis of the structure and distribution of operating income. Analysis of the structure of the gross financial result. |
| XI week lectures | Analysis of profitability and analysis of the financial strength of the company. |
| XI week exercises | Analysis of profitability and analysis of the financial strength of the company. |
| XII week lectures | Break-even analysis and business risk analysis. |
| XII week exercises | Break-even analysis and business risk analysis. |
| XIII week lectures | Creditworthiness analysis. Models for predicting corporate bankruptcy. |
| XIII week exercises | Creditworthiness analysis. Models for predicting corporate bankruptcy. |
| XIV week lectures | Application of software for financial analysis. |
| XIV week exercises | Application of software for financial analysis. |
| XV week lectures | Colloquium |
| XV week exercises | Colloquium |
| Student workload | Weekly 5 credits x 40/30=6 hours and 40 minutes 2 hour(s) of theoretical lecture 0 hour(s) of practical lecture 2 exercises 2 hour(s) and 40 minutes independent work, including consultations During the semester Classes and final exam: 6 hours and 40 minutes x 16 = 106 hours and 40 minutes Necessary preparation before the beginning of the semester (administration, registration, certification): 6 hours and 40 minutes x 2 = 13 hours and 20 minutes Total workload for the course: 5 x 30=150 hours Additionally work for exam preparation in the make-up exam period, including taking the make-up exam from 0 to 30 hours (remaining time from the first two items to the total workload for the course) 30 hours and 0 minutes Load structure: 106 hours and 40 minutes (teaching), 13 hours and 20 minutes (preparation), 30 hours and 0 minutes (additional work) |
| Per week | Per semester |
| 5 credits x 40/30=6 hours and 40 minuts
2 sat(a) theoretical classes 0 sat(a) practical classes 2 excercises 2 hour(s) i 40 minuts of independent work, including consultations |
Classes and final exam:
6 hour(s) i 40 minuts x 16 =106 hour(s) i 40 minuts Necessary preparation before the beginning of the semester (administration, registration, certification): 6 hour(s) i 40 minuts x 2 =13 hour(s) i 20 minuts Total workload for the subject: 5 x 30=150 hour(s) Additional work for exam preparation in the preparing exam period, including taking the remedial exam from 0 to 30 hours (remaining time from the first two items to the total load for the item) 30 hour(s) i 0 minuts Workload structure: 106 hour(s) i 40 minuts (cources), 13 hour(s) i 20 minuts (preparation), 30 hour(s) i 0 minuts (additional work) |
| Student obligations | Students are required to attend classes, solve tasks that are given for independent practice and evaluation, and pass a colloquium. |
| Consultations | Professor: Tuesday (from 11:00 a.m. to 12:00 p.m., room 305) Assistant: Friday (5:00 p.m. to 6:20 p.m., room 416) |
| Literature | J. Rodić, M. Andrić, G. Vukelić, B. Vuković: Analiza finansijskih izvještaja, Ekonomski fakultet Subotica, drugo dopunjeno i izmijenjeno izdanje, Beograd oktobar 2017. godina. Additional literature: K Škarić Jovanović, J. Poljašević: Primijenjena teorija i politike finansijskog izvjetavanja – zbirka zadataka, Ekonomski fakultet Banja Luka, Banja Luka 2013. godine P. Bogetić: Analiza bilansa, Ekonomski fakultet Podgorica, 2000. god. K. Vasiljević: Teorija i analiza bilansa, Savremena administracija, Beograd, 1970. godina J. Ranković: Teorija bilansa, Ekonomski fakultet Beograd, 2005. god. Priručnik za primjenu kontnog okvira za privredna društva. ISRCG, 2022. godina IFRS Standardi, Savez računovođa i revizora Srbije, Beograd 2020. godine |
| Examination methods | Colloquium 60 points Final exam 40 points (Part of the final exam is the analysis financial statements of the selected company using customized software for financial analysis) |
| Special remarks | / |
| Comment | / |
| Grade: | F | E | D | C | B | A |
| Number of points | less than 50 points | greater than or equal to 50 points and less than 60 points | greater than or equal to 60 points and less than 70 points | greater than or equal to 70 points and less than 80 points | greater than or equal to 80 points and less than 90 points | greater than or equal to 90 points |
Faculty of Economics / MANAGEMENT / BANKING
| Course: | BANKING/ |
| Course ID | Course status | Semester | ECTS credits | Lessons (Lessons+Exercises+Laboratory) |
| 2877 | Obavezan | 3 | 5 | 2+2+0 |
| Programs | MANAGEMENT |
| Prerequisites | None |
| Aims | Introduction students to fundamentals of bank firm functioning. |
| Learning outcomes | After the exam, students will be able to classify financial institutiona by making a distinction between the potentials and placements of these institutions, with the focus on banks, discus relative significance of the basic principles of bank operations, calculate profit rates in banking, illustrate financial statements of banks, estimate the justification of allowing mergers, valuing and financing bank mergers, describe general bank affairs in accordance with the set criterion. |
| Lecturer / Teaching assistant | Dr Slobodan Lakić (professor), Mr Jelena Jovović (assistant) |
| Methodology | Classical teaching methods |
| Plan and program of work | |
| Preparing week | Preparation and registration of the semester |
| I week lectures | Financial and bank system |
| I week exercises | Bank foundation and development |
| II week lectures | Financial institutions structure |
| II week exercises | Strategic bank management |
| III week lectures | Bank liquidity and solvency |
| III week exercises | Bamks capital |
| IV week lectures | Bank profitability |
| IV week exercises | Central bank |
| V week lectures | Legal aspect of bank business |
| V week exercises | Electronic banking |
| VI week lectures | Base money, money supply amd money multiplier |
| VI week exercises | Role of banking in money creation |
| VII week lectures | Process of credit multiplication |
| VII week exercises | Models of banking system |
| VIII week lectures | Mergers in banking |
| VIII week exercises | Bank marketing |
| IX week lectures | Legal aspect of banking |
| IX week exercises | International banking |
| X week lectures | Monetary management instruments |
| X week exercises | Passive bank businesses |
| XI week lectures | Active bank business |
| XI week exercises | Deposit businesses |
| XII week lectures | Credit - function and classification |
| XII week exercises | Businesses of bank borrowing |
| XIII week lectures | Net income (own) oriented bank business Intermediation bank businesses |
| XIII week exercises | Bank accounting |
| XIV week lectures | Business performances of bank |
| XIV week exercises | Intermediation bank businesses |
| XV week lectures | Accounting bank statement |
| XV week exercises | Commissionary, neutral bank businesss |
| Student workload | |
| Per week | Per semester |
| 5 credits x 40/30=6 hours and 40 minuts
2 sat(a) theoretical classes 0 sat(a) practical classes 2 excercises 2 hour(s) i 40 minuts of independent work, including consultations |
Classes and final exam:
6 hour(s) i 40 minuts x 16 =106 hour(s) i 40 minuts Necessary preparation before the beginning of the semester (administration, registration, certification): 6 hour(s) i 40 minuts x 2 =13 hour(s) i 20 minuts Total workload for the subject: 5 x 30=150 hour(s) Additional work for exam preparation in the preparing exam period, including taking the remedial exam from 0 to 30 hours (remaining time from the first two items to the total load for the item) 30 hour(s) i 0 minuts Workload structure: 106 hour(s) i 40 minuts (cources), 13 hour(s) i 20 minuts (preparation), 30 hour(s) i 0 minuts (additional work) |
| Student obligations | None |
| Consultations | Once a week |
| Literature | Textbook Banking . S. Lakić, Addtional papers - S. Lakić, D. Šehović, J. Jovović |
| Examination methods | Mid-term test, Written exam |
| Special remarks | None |
| Comment | None |
| Grade: | F | E | D | C | B | A |
| Number of points | less than 50 points | greater than or equal to 50 points and less than 60 points | greater than or equal to 60 points and less than 70 points | greater than or equal to 70 points and less than 80 points | greater than or equal to 80 points and less than 90 points | greater than or equal to 90 points |
Faculty of Economics / MANAGEMENT / HUMAN RESOURCE MANAGEMENT
| Course: | HUMAN RESOURCE MANAGEMENT/ |
| Course ID | Course status | Semester | ECTS credits | Lessons (Lessons+Exercises+Laboratory) |
| 2879 | Obavezan | 6 | 6 | 2+2+0 |
| Programs | MANAGEMENT |
| Prerequisites | There are no requirements for enrolling and attending the course. |
| Aims | Acquisition of essential knowledge in human resource management as a scientific discipline and a leading function within a company. |
| Learning outcomes | After passing the exam, students will be able to: • Understand the role and importance of human resource management in a company • Analyze and plan the company’s human resource needs • Organize and evaluate roles and tasks within the company • Prepare decisions for candidate selection and onboarding • Explain the significance of motivational factors for the company’s operations and development |
| Lecturer / Teaching assistant | Assistant Professor Ivan Radević, Jovana Čabarkapa |
| Methodology | Lectures, exercises, discussions, essays, debates, case studies. |
| Plan and program of work | |
| Preparing week | Preparation and registration of the semester |
| I week lectures | Introduction to Human resource management - the concept of human resource management |
| I week exercises | Introduction to Human resource management - the concept of human resource management |
| II week lectures | Identifying staffing needs – strategic and organizational aspects of HRM |
| II week exercises | Identifying staffing needs – strategic and organizational aspects of HRM |
| III week lectures | Human resource management process – key activities and phases |
| III week exercises | Human resource management process – key activities and phases |
| IV week lectures | Human resource planning – job analysis and design |
| IV week exercises | Human resource planning – job analysis and design |
| V week lectures | Candidate recruitment (employees) |
| V week exercises | Candidate recruitment (employees) |
| VI week lectures | Candidate selection (employees) |
| VI week exercises | Candidate selection (employees) |
| VII week lectures | Employee training and development |
| VII week exercises | Employee training and development |
| VIII week lectures | Work performance - evaluating individual employee performance |
| VIII week exercises | Work performance - evaluating individual employee performance |
| IX week lectures | Employee career development and management |
| IX week exercises | Employee career development and management |
| X week lectures | Compensation (rewarding) of employees – salary system |
| X week exercises | Compensation (rewarding) of employees – salary system |
| XI week lectures | Motivation and benefits |
| XI week exercises | Motivation and benefits |
| XII week lectures | Managing organizational culture – corporate culture and climate |
| XII week exercises | Managing organizational culture – corporate culture and climate |
| XIII week lectures | Employee relations – labor relations and employee protection |
| XIII week exercises | Employee relations – labor relations and employee protection |
| XIV week lectures | Collective negotiation; ethics in human resource management |
| XIV week exercises | Collective negotiation; ethics in human resource management |
| XV week lectures | Leaving the organization – exiting the organization; Trends in HRM for the future |
| XV week exercises | Leaving the organization – exiting the organization; Trends in HRM for the future |
| Student workload | |
| Per week | Per semester |
| 6 credits x 40/30=8 hours and 0 minuts
2 sat(a) theoretical classes 0 sat(a) practical classes 2 excercises 4 hour(s) i 0 minuts of independent work, including consultations |
Classes and final exam:
8 hour(s) i 0 minuts x 16 =128 hour(s) i 0 minuts Necessary preparation before the beginning of the semester (administration, registration, certification): 8 hour(s) i 0 minuts x 2 =16 hour(s) i 0 minuts Total workload for the subject: 6 x 30=180 hour(s) Additional work for exam preparation in the preparing exam period, including taking the remedial exam from 0 to 30 hours (remaining time from the first two items to the total load for the item) 36 hour(s) i 0 minuts Workload structure: 128 hour(s) i 0 minuts (cources), 16 hour(s) i 0 minuts (preparation), 36 hour(s) i 0 minuts (additional work) |
| Student obligations | The student is required to attend lectures and exercises and to complete planned activities. |
| Consultations | At the scheduled times published on the website. |
| Literature | Primary literature: Bogićević Milikić B., (2020), Menadžment ljudskih resursa, CID, Ekonomski fakultet, Beograd; Additional (optional) literature: Dessler G., (2016), Human Resource Management - 15th Edition, Pearson Education, USA; Bahtijarević Šiber, F. (2014), Strateški menadžment ljudskih potencijala – savremeni trendovi i izazovi, Školska knjiga, Zagreb; Taylor S., Woodhams C., (2016), Human Resource Management: People and Organisations, TBS - Grantham Book Services; Torington D., Hall L., Taylor S. (2004), Menadžment ljudskih resursa, Data status, Beograd; Mohan T., (2019), E- HRM: Digital approaches, directions & applications, Routledge, New York; |
| Examination methods | 1. Midterm exam - 30 points 2. Class activities – 30 points 3.Final exam - 40 points |
| Special remarks | / |
| Comment | / |
| Grade: | F | E | D | C | B | A |
| Number of points | less than 50 points | greater than or equal to 50 points and less than 60 points | greater than or equal to 60 points and less than 70 points | greater than or equal to 70 points and less than 80 points | greater than or equal to 80 points and less than 90 points | greater than or equal to 90 points |
Faculty of Economics / MANAGEMENT / TRADE MARKETING
| Course: | TRADE MARKETING/ |
| Course ID | Course status | Semester | ECTS credits | Lessons (Lessons+Exercises+Laboratory) |
| 2892 | Obavezan | 6 | 6 | 2+2+0 |
| Programs | MANAGEMENT |
| Prerequisites | |
| Aims | |
| Learning outcomes | |
| Lecturer / Teaching assistant | |
| Methodology |
| Plan and program of work | |
| Preparing week | Preparation and registration of the semester |
| I week lectures | |
| I week exercises | |
| II week lectures | |
| II week exercises | |
| III week lectures | |
| III week exercises | |
| IV week lectures | |
| IV week exercises | |
| V week lectures | |
| V week exercises | |
| VI week lectures | |
| VI week exercises | |
| VII week lectures | |
| VII week exercises | |
| VIII week lectures | |
| VIII week exercises | |
| IX week lectures | |
| IX week exercises | |
| X week lectures | |
| X week exercises | |
| XI week lectures | |
| XI week exercises | |
| XII week lectures | |
| XII week exercises | |
| XIII week lectures | |
| XIII week exercises | |
| XIV week lectures | |
| XIV week exercises | |
| XV week lectures | |
| XV week exercises |
| Student workload | |
| Per week | Per semester |
| 6 credits x 40/30=8 hours and 0 minuts
2 sat(a) theoretical classes 0 sat(a) practical classes 2 excercises 4 hour(s) i 0 minuts of independent work, including consultations |
Classes and final exam:
8 hour(s) i 0 minuts x 16 =128 hour(s) i 0 minuts Necessary preparation before the beginning of the semester (administration, registration, certification): 8 hour(s) i 0 minuts x 2 =16 hour(s) i 0 minuts Total workload for the subject: 6 x 30=180 hour(s) Additional work for exam preparation in the preparing exam period, including taking the remedial exam from 0 to 30 hours (remaining time from the first two items to the total load for the item) 36 hour(s) i 0 minuts Workload structure: 128 hour(s) i 0 minuts (cources), 16 hour(s) i 0 minuts (preparation), 36 hour(s) i 0 minuts (additional work) |
| Student obligations | |
| Consultations | |
| Literature | |
| Examination methods | |
| Special remarks | |
| Comment |
| Grade: | F | E | D | C | B | A |
| Number of points | less than 50 points | greater than or equal to 50 points and less than 60 points | greater than or equal to 60 points and less than 70 points | greater than or equal to 70 points and less than 80 points | greater than or equal to 80 points and less than 90 points | greater than or equal to 90 points |
Faculty of Economics / MANAGEMENT / FOREIGN TRADE OPERATIONS
| Course: | FOREIGN TRADE OPERATIONS/ |
| Course ID | Course status | Semester | ECTS credits | Lessons (Lessons+Exercises+Laboratory) |
| 2893 | Obavezan | 4 | 5 | 2+2+0 |
| Programs | MANAGEMENT |
| Prerequisites | None. |
| Aims | The goal is to introduce students into the subject of foreign trade operations, business transactions and thereby train them to work on export-import jobs. |
| Learning outcomes | After passing the exam in the Foreign Trade Business course, students are expected to: • Have theoretical and practical knowledge in the field of foreign trade; • Analyze the role of intermediaries in these businesses; • Study the risks involved in the implementation of export-import operations; • Use business examples, observe and analyze all stages of goods export and goods import |
| Lecturer / Teaching assistant | Full Professor Danijela Jaćimović, lecturer, Dženana Đurković, teaching assistant |
| Methodology | Lectures and exercises. |
| Plan and program of work | |
| Preparing week | Preparation and registration of the semester |
| I week lectures | Foreign trade - definition and significance |
| I week exercises | Foreign trade - definition and significance |
| II week lectures | Foreign trade deals and terms |
| II week exercises | Foreign trade deals and terms |
| III week lectures | Participants in foreign trade affairs |
| III week exercises | Participants in foreign trade affairs |
| IV week lectures | Methods of contracting foreign trade affairs |
| IV week exercises | Methods of contracting foreign trade affairs |
| V week lectures | Organization of foreign trade affairs |
| V week exercises | Organization of foreign trade affairs |
| VI week lectures | Customs system |
| VI week exercises | Customs system |
| VII week lectures | Export-import business |
| VII week exercises | Export-import business |
| VIII week lectures | Colloquium |
| VIII week exercises | Colloquium |
| IX week lectures | Insurance of goods in international business |
| IX week exercises | Insurance of goods in international business |
| X week lectures | Forwarding in foreign trade business |
| X week exercises | Forwarding in foreign trade business |
| XI week lectures | Risks in foreign trade business |
| XI week exercises | Risks in foreign trade business |
| XII week lectures | Financing of foreign trade business |
| XII week exercises | Financing of foreign trade business |
| XIII week lectures | Economic diplomacy |
| XIII week exercises | Economic diplomacy |
| XIV week lectures | International trade institutions |
| XIV week exercises | International trade institutions |
| XV week lectures | Remedial colloquium |
| XV week exercises | Remedial colloquium |
| Student workload | |
| Per week | Per semester |
| 5 credits x 40/30=6 hours and 40 minuts
2 sat(a) theoretical classes 0 sat(a) practical classes 2 excercises 2 hour(s) i 40 minuts of independent work, including consultations |
Classes and final exam:
6 hour(s) i 40 minuts x 16 =106 hour(s) i 40 minuts Necessary preparation before the beginning of the semester (administration, registration, certification): 6 hour(s) i 40 minuts x 2 =13 hour(s) i 20 minuts Total workload for the subject: 5 x 30=150 hour(s) Additional work for exam preparation in the preparing exam period, including taking the remedial exam from 0 to 30 hours (remaining time from the first two items to the total load for the item) 30 hour(s) i 0 minuts Workload structure: 106 hour(s) i 40 minuts (cources), 13 hour(s) i 20 minuts (preparation), 30 hour(s) i 0 minuts (additional work) |
| Student obligations | Regular attendance, doing homework. |
| Consultations | After lectures. |
| Literature | 1. Ivana Popović-Petrović, Predrag Bjelić, Uvod u međunarodno poslovanje, Ekonomski fakultet, Beograd, 2022. 2. Ivan Marković, Miloš Todorović, Spoljnotrgovinsko i carinsko poslovanje, Ekonomski fakultet Niš, 2017. 2. Miodrag Marković, Spoljnotrgovinsko poslovanje, Čigura štapma, Beograd, 2006 3. Rajko Unčanin, Spoljnotrgovinsko i devizno poslovanje, Velarta, Beograd, 2006. |
| Examination methods | Colloquium: 40 points Activity: 15 points Final exam: 45 points |
| Special remarks | |
| Comment |
| Grade: | F | E | D | C | B | A |
| Number of points | less than 50 points | greater than or equal to 50 points and less than 60 points | greater than or equal to 60 points and less than 70 points | greater than or equal to 70 points and less than 80 points | greater than or equal to 80 points and less than 90 points | greater than or equal to 90 points |
Faculty of Economics / MANAGEMENT / ELECTRONIC BUSINESS
| Course: | ELECTRONIC BUSINESS/ |
| Course ID | Course status | Semester | ECTS credits | Lessons (Lessons+Exercises+Laboratory) |
| 2907 | Obavezan | 4 | 5 | 2+2+0 |
| Programs | MANAGEMENT |
| Prerequisites | |
| Aims | |
| Learning outcomes | Understands the importance of technologies for electronic commerce in the digital economy Recognizes the theoretical foundations of e-business Uses theoretical knowledge for planning of company’s performance in the electronic environment Can make personal and business Web sites Understands the security issues of electronic transactions Can distinguish between different models of e-business and recognizes the appropriateness of the application of different types of activities Examines the economic viability of different forms of e-business |
| Lecturer / Teaching assistant | |
| Methodology |
| Plan and program of work | |
| Preparing week | Preparation and registration of the semester |
| I week lectures | |
| I week exercises | |
| II week lectures | |
| II week exercises | |
| III week lectures | |
| III week exercises | |
| IV week lectures | |
| IV week exercises | |
| V week lectures | |
| V week exercises | |
| VI week lectures | |
| VI week exercises | |
| VII week lectures | |
| VII week exercises | |
| VIII week lectures | |
| VIII week exercises | |
| IX week lectures | |
| IX week exercises | |
| X week lectures | |
| X week exercises | |
| XI week lectures | |
| XI week exercises | |
| XII week lectures | |
| XII week exercises | |
| XIII week lectures | |
| XIII week exercises | |
| XIV week lectures | |
| XIV week exercises | |
| XV week lectures | |
| XV week exercises |
| Student workload | |
| Per week | Per semester |
| 5 credits x 40/30=6 hours and 40 minuts
2 sat(a) theoretical classes 0 sat(a) practical classes 2 excercises 2 hour(s) i 40 minuts of independent work, including consultations |
Classes and final exam:
6 hour(s) i 40 minuts x 16 =106 hour(s) i 40 minuts Necessary preparation before the beginning of the semester (administration, registration, certification): 6 hour(s) i 40 minuts x 2 =13 hour(s) i 20 minuts Total workload for the subject: 5 x 30=150 hour(s) Additional work for exam preparation in the preparing exam period, including taking the remedial exam from 0 to 30 hours (remaining time from the first two items to the total load for the item) 30 hour(s) i 0 minuts Workload structure: 106 hour(s) i 40 minuts (cources), 13 hour(s) i 20 minuts (preparation), 30 hour(s) i 0 minuts (additional work) |
| Student obligations | |
| Consultations | |
| Literature | |
| Examination methods | |
| Special remarks | |
| Comment |
| Grade: | F | E | D | C | B | A |
| Number of points | less than 50 points | greater than or equal to 50 points and less than 60 points | greater than or equal to 60 points and less than 70 points | greater than or equal to 70 points and less than 80 points | greater than or equal to 80 points and less than 90 points | greater than or equal to 90 points |
Faculty of Economics / MANAGEMENT / INVESTMENT MANAGEMENT
| Course: | INVESTMENT MANAGEMENT/ |
| Course ID | Course status | Semester | ECTS credits | Lessons (Lessons+Exercises+Laboratory) |
| 2914 | Obavezan | 3 | 5 | 2+2+0 |
| Programs | MANAGEMENT |
| Prerequisites | There are no requirements to apply and listen to the lectures; |
| Aims | Getting to know and understanding the basic economic principles of investing; Projects and development policy of the company; project management; financial analysis and evaluation of the project; management of human resources in the project; project risk management etc. |
| Learning outcomes | After the student passes this exam, he/she will be able to: • defines the basic types of investments and projects and explains the concept of project management; • understands the complexity of the investment project development methodology and the management of human resources in the project; • conduct financial analysis of investors; • distinguishes types of risk and understands how to manage risk on the project; • understand how the process of evaluating the social justification of investment projects is carried out. |
| Lecturer / Teaching assistant | Assistant Professor Milica Muhadinović, PhD |
| Methodology | Lectures, exercises, consultations, interactive work, seminars, preparation for tests, colloqium and final exam |
| Plan and program of work | |
| Preparing week | Preparation and registration of the semester |
| I week lectures | Projects and development policy of the company |
| I week exercises | Importance of investments for the Montenegrin economy with examples |
| II week lectures | Concept and types of projects |
| II week exercises | Pre-investment studies |
| III week lectures | Stages of the life cycle of the company and the project |
| III week exercises | Exercise - Use of methodology on the example of investment in the Montenegrin economy |
| IV week lectures | Project management concept |
| IV week exercises | Analysis and assessment of complex creditworthiness / Preparation for the colloquium |
| V week lectures | Financial analysis of the project |
| V week exercises | Analysis of the companys financial indicators 1 |
| VI week lectures | Financial plans and projections of the investment project |
| VI week exercises | Analysis of the companys financial indicators 2 |
| VII week lectures | Colloqium week |
| VII week exercises | Colloqium week |
| VIII week lectures | Financial evaluation of the investment project, part 1 |
| VIII week exercises | Assignments for the final exam |
| IX week lectures | Corrective colloquium |
| IX week exercises | Corrective colloquium |
| X week lectures | Financial evaluation of the investment project, part 2 |
| X week exercises | Assignments for the final exam |
| XI week lectures | Project management organization |
| XI week exercises | Essay |
| XII week lectures | Human resource management in the project |
| XII week exercises | Case studies in the field of human resource management |
| XIII week lectures | Project risk management |
| XIII week exercises | Presentations of seminars |
| XIV week lectures | Evaluating the social justification of investment projects |
| XIV week exercises | Presentations of seminars |
| XV week lectures | Project-oriented organization |
| XV week exercises | Presentations of the remaining seminars |
| Student workload | Weekly 5 credits x 40/30 = 6 hours 40 minutes Structure: 1 hour and 30 minutes for lectures 1 hour and 30 minutes for exercises 3 hours and 40 minutes of independent student work, including consultation. |
| Per week | Per semester |
| 5 credits x 40/30=6 hours and 40 minuts
2 sat(a) theoretical classes 0 sat(a) practical classes 2 excercises 2 hour(s) i 40 minuts of independent work, including consultations |
Classes and final exam:
6 hour(s) i 40 minuts x 16 =106 hour(s) i 40 minuts Necessary preparation before the beginning of the semester (administration, registration, certification): 6 hour(s) i 40 minuts x 2 =13 hour(s) i 20 minuts Total workload for the subject: 5 x 30=150 hour(s) Additional work for exam preparation in the preparing exam period, including taking the remedial exam from 0 to 30 hours (remaining time from the first two items to the total load for the item) 30 hour(s) i 0 minuts Workload structure: 106 hour(s) i 40 minuts (cources), 13 hour(s) i 20 minuts (preparation), 30 hour(s) i 0 minuts (additional work) |
| Student obligations | Students are required to attend classes and do colloquim and activities during lectures/exercises |
| Consultations | Consultations are held following the terms that are published on the website or by e-mail Assistant Professor Milica Muhadinović (milicamuhadinovic@gmail.com, milicamuhadinovic@ucg.ac.me) |
| Literature | Literature: Vučenović, Saša (2017). Management of investment projects, scientific monograph, University of Banja Luka, Faculty of Economics, Banja Luka. Jovanović, Petar (2015). Project Management, Faculty of Innovation and Project Management, Belgrade. Additional reading: Kerzner, Harold (2017). Project management: A systems approach to planning, scheduling and controlling. John Wiley & Sons Malešević E., Malešević Đ., "Investment Management", 2011. |
| Examination methods | The grade consists of: • one colloquium 35 points (in writing) • Final exam carries 35 points (in writing/oral) • Project plan carries 15 points • A maximum of 15 points can be obtained for activity in lectures and exercises A passing grade is obtained if at least 50 points are accumulated cumulatively. |
| Special remarks | / |
| Comment | / |
| Grade: | F | E | D | C | B | A |
| Number of points | less than 50 points | greater than or equal to 50 points and less than 60 points | greater than or equal to 60 points and less than 70 points | greater than or equal to 70 points and less than 80 points | greater than or equal to 80 points and less than 90 points | greater than or equal to 90 points |
Faculty of Economics / MANAGEMENT / OPERATIONAL MANAGEMENT
| Course: | OPERATIONAL MANAGEMENT/ |
| Course ID | Course status | Semester | ECTS credits | Lessons (Lessons+Exercises+Laboratory) |
| 2915 | Obavezan | 5 | 6 | 2+2+0 |
| Programs | MANAGEMENT |
| Prerequisites | None |
| Aims | Application of quantitative methods in management |
| Learning outcomes | After completing this course, students will be able to: - correctly define the basic concepts of operational management - choose a decision-making model that suits the observed business environment - to analyze the problems - use some simpler methods and models from operational management - to follow the literature and use simpler software |
| Lecturer / Teaching assistant | Associate Professor Zdenka Dragašević, lecturer Dženana Đurković, teaching assistant |
| Methodology | Lectures and exercises. Debates and explanations. The visiting professor’s lecture. Examples from practice. |
| Plan and program of work | |
| Preparing week | Preparation and registration of the semester |
| I week lectures | Introduction to operative management. Transport problem - methods for determining the initial basic solution. |
| I week exercises | Introduction to operative management. Transport problem - methods for determining the initial basic solution. |
| II week lectures | Transport problem - methods for determining the optimal solution (SS method) |
| II week exercises | Transport problem - methods for determining the optimal solution (SS method) |
| III week lectures | Transport problem - methods for determining the optimal solution (Modi method) |
| III week exercises | Transport problem - methods for determining the optimal solution (Modi method) |
| IV week lectures | Open transport problems. The problem of degeneration. |
| IV week exercises | Open transport problems. The problem of degeneration. |
| V week lectures | Assignment problem, Example |
| V week exercises | Assignment problem, Example |
| VI week lectures | Inventory models, Example |
| VI week exercises | Inventory models, Example |
| VII week lectures | CPM, PERT method |
| VII week exercises | CPM, PERT method |
| VIII week lectures | Examples: CPM, PERT method |
| VIII week exercises | Examples: CPM, PERT method |
| IX week lectures | Examples: CPM, PERT method |
| IX week exercises | Examples: CPM, PERT method |
| X week lectures | Game theory |
| X week exercises | Game theory |
| XI week lectures | Examples: Game theory |
| XI week exercises | Examples: Game theory |
| XII week lectures | Colloquium |
| XII week exercises | Colloquium |
| XIII week lectures | Remedial colloquium |
| XIII week exercises | Remedial colloquium |
| XIV week lectures | Final exam |
| XIV week exercises | |
| XV week lectures | |
| XV week exercises |
| Student workload | |
| Per week | Per semester |
| 6 credits x 40/30=8 hours and 0 minuts
2 sat(a) theoretical classes 0 sat(a) practical classes 2 excercises 4 hour(s) i 0 minuts of independent work, including consultations |
Classes and final exam:
8 hour(s) i 0 minuts x 16 =128 hour(s) i 0 minuts Necessary preparation before the beginning of the semester (administration, registration, certification): 8 hour(s) i 0 minuts x 2 =16 hour(s) i 0 minuts Total workload for the subject: 6 x 30=180 hour(s) Additional work for exam preparation in the preparing exam period, including taking the remedial exam from 0 to 30 hours (remaining time from the first two items to the total load for the item) 36 hour(s) i 0 minuts Workload structure: 128 hour(s) i 0 minuts (cources), 16 hour(s) i 0 minuts (preparation), 36 hour(s) i 0 minuts (additional work) |
| Student obligations | Taking lectures and exercises, making term papers, doing the homework. |
| Consultations | After classes of lectures and exercises. |
| Literature | 1. Rakočević, S., «Operaciona istraživanja», Ekonomski fakultet Podgorica 2. Vujošević M., »Operativni menadžment«, Beograd 3. Heizer Barry» Operativni menadžment», Prentice Hall, 20013, prevod |
| Examination methods | Colloquium (assignments) .............................................. .. 50 points Homework ................................................ 10 points Final exam (theory) ............................................ 40 points The exam consists of a colloquium and a final exam. |
| Special remarks | |
| Comment |
| Grade: | F | E | D | C | B | A |
| Number of points | less than 50 points | greater than or equal to 50 points and less than 60 points | greater than or equal to 60 points and less than 70 points | greater than or equal to 70 points and less than 80 points | greater than or equal to 80 points and less than 90 points | greater than or equal to 90 points |
Faculty of Economics / MANAGEMENT / SMALL BUSINESS MARKETING MANAGEMENT
| Course: | SMALL BUSINESS MARKETING MANAGEMENT/ |
| Course ID | Course status | Semester | ECTS credits | Lessons (Lessons+Exercises+Laboratory) |
| 3989 | Obavezan | 6 | 6 | 2+2+0 |
| Programs | MANAGEMENT |
| Prerequisites | There are no prerequisites. It is desirable that the student has passed the courses Marketing, Management and Business |
| Aims | The course aims to teach students principles and basic skills of marketing management in small and medium-sized enterprises (SME), or to train themto recognize the problem, analyze it, and propose a way to solve it, based on acquired knowledge and skills, and bring optimal business solutions (decision). Hence, in addition to theoretical explanations of marketing management in the SME sector, this disciplines deals with possibilities of applying benchmarking in the SME sector, and the analysis of the basic mistakes that must be avoided in marketing. The ultimate goal is to help students master the skill of making a quality marketing plan with all the necessary elements. |
| Learning outcomes | After passing this exam, student will be able to: - describe basic categories and specifics of marketing in the sector of small and medium-sized enterprises - differentiate between marketing in large and small enterprises and identify key determinants of "guerrilla marketing" (in the case of a specific company) - explain the development plan of "guerrilla marketing" and point out the process of market research in the SME sector - discuss about benchmarking as a model for improving the competitiveness of small and medium-sized enterprises, its types and process in the cases of a specific companies - explain marketing instruments (product, price, place (distribution) and promotion) in small business (in the case of a specific company) - indicate ways to avoid mistakes in the marketing of SME - describe process of developing a marketing plan and develop a model of a marketing plan in the case of a company |
| Lecturer / Teaching assistant | Mirjana Kuljak Dragana Ćirović |
| Methodology | Lectures, exercises, case studies, practical activities, seminars, debates, discussions, consultations |
| Plan and program of work | |
| Preparing week | Preparation and registration of the semester |
| I week lectures | Introduction to marketing of small businesses; specificities of applying marketing in SME sector |
| I week exercises | Introduction to marketing of small businesses; specificities of applying marketing in SME sector |
| II week lectures | Marketing and entrepreneurship |
| II week exercises | Marketing and entrepreneurship |
| III week lectures | Benchmarking - concept, types, the implementation process, international and local examples; specificities of applying benchmarking in SMEs |
| III week exercises | Benchmarking - concept, types, the implementation process, international and local examples; specificities of applying benchmarking in SMEs |
| IV week lectures | Marketing instruments in small business - traditional vs digital marketing |
| IV week exercises | Marketing instruments in small business - traditional vs digital marketing |
| V week lectures | Ten deadly sins in marketing - how to avoid mistakes in the marketing of SMEs |
| V week exercises | Ten deadly sins in marketing - how to avoid mistakes in the marketing of SMEs |
| VI week lectures | Marketing Planning - Marketing plan in SMEs; steps in making a marketing for SMEs |
| VI week exercises | Marketing Planning - Marketing plan in SMEs; steps in making a marketing for SMEs |
| VII week lectures | Entrepreneurial marketing plan - explanation of key features |
| VII week exercises | Entrepreneurial marketing plan - explanation of key features |
| VIII week lectures | Colloquium |
| VIII week exercises | Colloquium |
| IX week lectures | Implementation and control (audit) of the marketing plan in SMEs |
| IX week exercises | Implementation and control (audit) of the marketing plan in SMEs |
| X week lectures | Corrective colloquium |
| X week exercises | Corrective colloquium |
| XI week lectures | Internship |
| XI week exercises | Internship |
| XII week lectures | Internship |
| XII week exercises | Internship |
| XIII week lectures | Internship |
| XIII week exercises | Internship |
| XIV week lectures | Internship |
| XIV week exercises | Internship |
| XV week lectures | Internship |
| XV week exercises | Internship |
| Student workload | Total hours for the course: 6 x 30 = 180 hours; Structure: Classes and the final exam: 8 x 16 weeks = 128 hours; Necessary preparations before the start of the semester (administration, admission, verification): 8 x 2 = 16 hours; Additional work for the preparation and examination of make-up exam: 36 hours. |
| Per week | Per semester |
| 6 credits x 40/30=8 hours and 0 minuts
2 sat(a) theoretical classes 0 sat(a) practical classes 2 excercises 4 hour(s) i 0 minuts of independent work, including consultations |
Classes and final exam:
8 hour(s) i 0 minuts x 16 =128 hour(s) i 0 minuts Necessary preparation before the beginning of the semester (administration, registration, certification): 8 hour(s) i 0 minuts x 2 =16 hour(s) i 0 minuts Total workload for the subject: 6 x 30=180 hour(s) Additional work for exam preparation in the preparing exam period, including taking the remedial exam from 0 to 30 hours (remaining time from the first two items to the total load for the item) 36 hour(s) i 0 minuts Workload structure: 128 hour(s) i 0 minuts (cources), 16 hour(s) i 0 minuts (preparation), 36 hour(s) i 0 minuts (additional work) |
| Student obligations | Students are required to regularly attend classes and pursue activities according to ECTS criteria. |
| Consultations | As stated on the website of the Faculty. |
| Literature | Basic literature: Melović B., Marketing menadžment malog biznisa, chrestomathy, Faculty of Economics, Podgorica, 2014; Lajović D., Melović B., Marketing menadžment malog biznisa, chrestomathy, Faculty of Economics, Podgorica, 2008; supplementary literature. |
| Examination methods | To pass the exam a student should cumulatively attain min 50 points, of which: class activities max 20 points (10L + 10E); one colloquium max 30 points; final exam max 50 points (25 lectures + 25 internship). |
| Special remarks | |
| Comment | Students who will be doing an internship in a company from this subject will be required to do a project assignment, in coordination with the subject professor and a mentor from the company. The project assignment will be evaluated up to 25 points as part of the final exam (50% of the points awarded by the final exam). Students can earn the remaining 25 points in the final exam by taking the oral exam. Students who do their internship in the company from another subject take the oral final exam and can earn up to 50 points that way. |
| Grade: | F | E | D | C | B | A |
| Number of points | less than 50 points | greater than or equal to 50 points and less than 60 points | greater than or equal to 60 points and less than 70 points | greater than or equal to 70 points and less than 80 points | greater than or equal to 80 points and less than 90 points | greater than or equal to 90 points |
Faculty of Economics / MANAGEMENT / CONTROL AND AUDITING
| Course: | CONTROL AND AUDITING/ |
| Course ID | Course status | Semester | ECTS credits | Lessons (Lessons+Exercises+Laboratory) |
| 3990 | Obavezan | 5 | 6 | 2+2+0 |
| Programs | MANAGEMENT |
| Prerequisites | accounting |
| Aims | Understand the role of the auditor in society and their responsibilities, as well as audit process of financial statements in the context of a professional regulatory framework |
| Learning outcomes | On successful completion of this exam, students should be able to: -explain the nature of financial statement audits and why audits are demanded by society; -understand the audit process, from accepting the client to creating documentation; -explain the relationship between evidence and audit risk; -describe and evaluate internal controls, techniques, and audit tests; -identify and describe the work and evidence obtained by the auditor to meet the objectives of audit engagements and the application of the International Standards on Auditing; -explain the different types of auditor"s report |
| Lecturer / Teaching assistant | Tanja Laković, PhD. |
| Methodology | Lectures, exercises, class activities. |
| Plan and program of work | |
| Preparing week | Preparation and registration of the semester |
| I week lectures | Audit of financial statements: concept, role and definition |
| I week exercises | Financial statements (renewal) |
| II week lectures | Audit framework and regulation |
| II week exercises | Illustrative case: OAO Gazprom, Knapp, C. M.., Auditing Cases, Sixth Edition, Thomson, 2007 (pp. 123-137) |
| III week lectures | Auditing Principles and Professional Ethics |
| III week exercises | Illustrative cases: : studija slučaja: »Jamaica Water Properties« Knapp, C. M.., Auditing Cases, Sixth Edition, Thomson, 2007 (pp. 247-255) Studija slučaja: Leigh anna Walker, Staff Accountant, Knapp, C. M.., Auditing Cases, Sixth Edition, Thomson, 2007 (pp.. 323-325) |
| IV week lectures | Audit procedure - Acceptance and introduction to the client, Development of audit strategy, plan and program; |
| IV week exercises | Example |
| V week lectures | Audit Evidence and audit procedures |
| V week exercises | Test (material studied in the first III weeks) 28.10. 2021. |
| VI week lectures | Materiality and risk assessment: obtaining, accepting, and continuing audit engagements |
| VI week exercises | The Leslie Fay companies Knapp, C. M.., Auditing Cases, Sixth Edition, Thomson, 2007 (pp. 63-74) -Campbell soup coumpany Knapp, C. M.., Auditing Cases, Sixth Edition, Thomson, 2007 (pp. 185-192) -CBI holding Company. Inc. Knapp, C. M.., Auditing Cases, Sixth Edition, Thomson, 2007 (pp. 179-184) |
| VII week lectures | Interna control; the use and evaluation of internal control systems by auditors, a test of controls Illustrative cases: Flight Transportation Corporation“, Knapp, C. M.., Auditing Cases, Sixth Edition, Thomson, 2007 (str. 153-159) Studija slučaja “Howard Street Jewelers“ Inc. Knapp, C. M.., Auditing Cases, Sixth Edition, Thomson, 2007 (str. 209-211) |
| VII week exercises | Retake test 11.11. 2021. |
| VIII week lectures | Audit sampling and other means of testing |
| VIII week exercises | Practical example and quiz |
| IX week lectures | The audit of specific items |
| IX week exercises | Practical example and quiz |
| X week lectures | Review and reporting : subsequent event and going concern principle |
| X week exercises | Practical example and quiz |
| XI week lectures | Audit finalization and the final review, the independent Auditor"s report |
| XI week exercises | Practical example and quiz |
| XII week lectures | Internal auditing (guest lecture) |
| XII week exercises | Guest lecture |
| XIII week lectures | Auditing firms (guest lecture) |
| XIII week exercises | Guest lecture |
| XIV week lectures | Preparation for the final exam/ practical work |
| XIV week exercises | Preparation for the final exam/ practical work |
| XV week lectures | Final exam (The final examination will be given according to the official university schedule). |
| XV week exercises | Final exam (The final examination will be given according to the official university schedule). |
| Student workload | 6 ECTS credits x 40/30 =8 hours Structure: 1 hours and 30 min of lectures 1 hours and 30 min of exercises 5 hours of independent work including consultation 6 ECTS x 30 = 180 hours Structure: Lectures and final exams: 8 hours *16 weeks=128 hours Preparation befor the start of semester (administration, enrolment ): 8 hours*2=16 hours Additional work –preparation for the corrective exam period: 36 hours |
| Per week | Per semester |
| 6 credits x 40/30=8 hours and 0 minuts
2 sat(a) theoretical classes 0 sat(a) practical classes 2 excercises 4 hour(s) i 0 minuts of independent work, including consultations |
Classes and final exam:
8 hour(s) i 0 minuts x 16 =128 hour(s) i 0 minuts Necessary preparation before the beginning of the semester (administration, registration, certification): 8 hour(s) i 0 minuts x 2 =16 hour(s) i 0 minuts Total workload for the subject: 6 x 30=180 hour(s) Additional work for exam preparation in the preparing exam period, including taking the remedial exam from 0 to 30 hours (remaining time from the first two items to the total load for the item) 36 hour(s) i 0 minuts Workload structure: 128 hour(s) i 0 minuts (cources), 16 hour(s) i 0 minuts (preparation), 36 hour(s) i 0 minuts (additional work) |
| Student obligations | Students are strongly encouraged to participate and ask questions during lectures and exercises. Keeping up with the material will be the key to your success in this accounting course. Thus, it is imperative that you read the chapter prior to the day we cover that particular material and keep up with the homework. Homework assignments will be given throughout the semester. |
| Consultations | after a lecture e-mail: tanjavu@ ucg.ac.me |
| Literature | 1. Andrić, M., Krsmanović, B., Jakšić, D. Revizija: teorija i praksa, peto izdanje, 2012 2. IAS 3. Knapp, C. M.., Auditing Cases, Sixth Edition, Thomson, 2007 |
| Examination methods | Test: 40 points Final test: 40 points The test and final exam may consist of multiple-choice, short answer, and calculation questions). The frequency of each type of question may vary among exams. Class activities: 20 points ( group work) The exams may either be administered in a classroom or through an online portal. |
| Special remarks | • During the exams, cell phones and laptops must be turned off (if the exam is administered in a classroom). All that you will need to complete the exams is a pencil, a basic calculator, and notes provided/allowed by the instructor. • If sick and unable to take an exam, the student will contact the instructor before the examination is given, if physically possible to do so |
| Comment |
| Grade: | F | E | D | C | B | A |
| Number of points | less than 50 points | greater than or equal to 50 points and less than 60 points | greater than or equal to 60 points and less than 70 points | greater than or equal to 70 points and less than 80 points | greater than or equal to 80 points and less than 90 points | greater than or equal to 90 points |
Faculty of Economics / MANAGEMENT / FINANCIAL MARKETS
| Course: | FINANCIAL MARKETS/ |
| Course ID | Course status | Semester | ECTS credits | Lessons (Lessons+Exercises+Laboratory) |
| 3991 | Obavezan | 5 | 6 | 2+2+0 |
| Programs | MANAGEMENT |
| Prerequisites | |
| Aims | |
| Learning outcomes | |
| Lecturer / Teaching assistant | |
| Methodology |
| Plan and program of work | |
| Preparing week | Preparation and registration of the semester |
| I week lectures | |
| I week exercises | |
| II week lectures | |
| II week exercises | |
| III week lectures | |
| III week exercises | |
| IV week lectures | |
| IV week exercises | |
| V week lectures | |
| V week exercises | |
| VI week lectures | |
| VI week exercises | |
| VII week lectures | |
| VII week exercises | |
| VIII week lectures | |
| VIII week exercises | |
| IX week lectures | |
| IX week exercises | |
| X week lectures | |
| X week exercises | |
| XI week lectures | |
| XI week exercises | |
| XII week lectures | |
| XII week exercises | |
| XIII week lectures | |
| XIII week exercises | |
| XIV week lectures | |
| XIV week exercises | |
| XV week lectures | |
| XV week exercises |
| Student workload | |
| Per week | Per semester |
| 6 credits x 40/30=8 hours and 0 minuts
2 sat(a) theoretical classes 0 sat(a) practical classes 2 excercises 4 hour(s) i 0 minuts of independent work, including consultations |
Classes and final exam:
8 hour(s) i 0 minuts x 16 =128 hour(s) i 0 minuts Necessary preparation before the beginning of the semester (administration, registration, certification): 8 hour(s) i 0 minuts x 2 =16 hour(s) i 0 minuts Total workload for the subject: 6 x 30=180 hour(s) Additional work for exam preparation in the preparing exam period, including taking the remedial exam from 0 to 30 hours (remaining time from the first two items to the total load for the item) 36 hour(s) i 0 minuts Workload structure: 128 hour(s) i 0 minuts (cources), 16 hour(s) i 0 minuts (preparation), 36 hour(s) i 0 minuts (additional work) |
| Student obligations | |
| Consultations | |
| Literature | |
| Examination methods | |
| Special remarks | |
| Comment |
| Grade: | F | E | D | C | B | A |
| Number of points | less than 50 points | greater than or equal to 50 points and less than 60 points | greater than or equal to 60 points and less than 70 points | greater than or equal to 70 points and less than 80 points | greater than or equal to 80 points and less than 90 points | greater than or equal to 90 points |
Faculty of Economics / MANAGEMENT / MARKET COMMUNICATIONS
| Course: | MARKET COMMUNICATIONS/ |
| Course ID | Course status | Semester | ECTS credits | Lessons (Lessons+Exercises+Laboratory) |
| 3992 | Obavezan | 5 | 6 | 2+2+0 |
| Programs | MANAGEMENT |
| Prerequisites | |
| Aims | |
| Learning outcomes | |
| Lecturer / Teaching assistant | |
| Methodology |
| Plan and program of work | |
| Preparing week | Preparation and registration of the semester |
| I week lectures | |
| I week exercises | |
| II week lectures | |
| II week exercises | |
| III week lectures | |
| III week exercises | |
| IV week lectures | |
| IV week exercises | |
| V week lectures | |
| V week exercises | |
| VI week lectures | |
| VI week exercises | |
| VII week lectures | |
| VII week exercises | |
| VIII week lectures | |
| VIII week exercises | |
| IX week lectures | |
| IX week exercises | |
| X week lectures | |
| X week exercises | |
| XI week lectures | |
| XI week exercises | |
| XII week lectures | |
| XII week exercises | |
| XIII week lectures | |
| XIII week exercises | |
| XIV week lectures | |
| XIV week exercises | |
| XV week lectures | |
| XV week exercises |
| Student workload | |
| Per week | Per semester |
| 6 credits x 40/30=8 hours and 0 minuts
2 sat(a) theoretical classes 0 sat(a) practical classes 2 excercises 4 hour(s) i 0 minuts of independent work, including consultations |
Classes and final exam:
8 hour(s) i 0 minuts x 16 =128 hour(s) i 0 minuts Necessary preparation before the beginning of the semester (administration, registration, certification): 8 hour(s) i 0 minuts x 2 =16 hour(s) i 0 minuts Total workload for the subject: 6 x 30=180 hour(s) Additional work for exam preparation in the preparing exam period, including taking the remedial exam from 0 to 30 hours (remaining time from the first two items to the total load for the item) 36 hour(s) i 0 minuts Workload structure: 128 hour(s) i 0 minuts (cources), 16 hour(s) i 0 minuts (preparation), 36 hour(s) i 0 minuts (additional work) |
| Student obligations | |
| Consultations | |
| Literature | |
| Examination methods | |
| Special remarks | |
| Comment |
| Grade: | F | E | D | C | B | A |
| Number of points | less than 50 points | greater than or equal to 50 points and less than 60 points | greater than or equal to 60 points and less than 70 points | greater than or equal to 70 points and less than 80 points | greater than or equal to 80 points and less than 90 points | greater than or equal to 90 points |
Faculty of Economics / MANAGEMENT / STRATEGIC MANAGEMENT
| Course: | STRATEGIC MANAGEMENT/ |
| Course ID | Course status | Semester | ECTS credits | Lessons (Lessons+Exercises+Laboratory) |
| 5111 | Obavezan | 3 | 5 | 2+2+0 |
| Programs | MANAGEMENT |
| Prerequisites | |
| Aims | |
| Learning outcomes | |
| Lecturer / Teaching assistant | |
| Methodology |
| Plan and program of work | |
| Preparing week | Preparation and registration of the semester |
| I week lectures | |
| I week exercises | |
| II week lectures | |
| II week exercises | |
| III week lectures | |
| III week exercises | |
| IV week lectures | |
| IV week exercises | |
| V week lectures | |
| V week exercises | |
| VI week lectures | |
| VI week exercises | |
| VII week lectures | |
| VII week exercises | |
| VIII week lectures | |
| VIII week exercises | |
| IX week lectures | |
| IX week exercises | |
| X week lectures | |
| X week exercises | |
| XI week lectures | |
| XI week exercises | |
| XII week lectures | |
| XII week exercises | |
| XIII week lectures | |
| XIII week exercises | |
| XIV week lectures | |
| XIV week exercises | |
| XV week lectures | |
| XV week exercises |
| Student workload | |
| Per week | Per semester |
| 5 credits x 40/30=6 hours and 40 minuts
2 sat(a) theoretical classes 0 sat(a) practical classes 2 excercises 2 hour(s) i 40 minuts of independent work, including consultations |
Classes and final exam:
6 hour(s) i 40 minuts x 16 =106 hour(s) i 40 minuts Necessary preparation before the beginning of the semester (administration, registration, certification): 6 hour(s) i 40 minuts x 2 =13 hour(s) i 20 minuts Total workload for the subject: 5 x 30=150 hour(s) Additional work for exam preparation in the preparing exam period, including taking the remedial exam from 0 to 30 hours (remaining time from the first two items to the total load for the item) 30 hour(s) i 0 minuts Workload structure: 106 hour(s) i 40 minuts (cources), 13 hour(s) i 20 minuts (preparation), 30 hour(s) i 0 minuts (additional work) |
| Student obligations | |
| Consultations | |
| Literature | |
| Examination methods | |
| Special remarks | |
| Comment |
| Grade: | F | E | D | C | B | A |
| Number of points | less than 50 points | greater than or equal to 50 points and less than 60 points | greater than or equal to 60 points and less than 70 points | greater than or equal to 70 points and less than 80 points | greater than or equal to 80 points and less than 90 points | greater than or equal to 90 points |
Faculty of Economics / MANAGEMENT / SMALL AND MEDIUM ENTERPRISES MANAGEMENT
| Course: | SMALL AND MEDIUM ENTERPRISES MANAGEMENT/ |
| Course ID | Course status | Semester | ECTS credits | Lessons (Lessons+Exercises+Laboratory) |
| 5112 | Obavezan | 5 | 6 | 2+2+0 |
| Programs | MANAGEMENT |
| Prerequisites | There are no requirements for registering and listening to the subject |
| Aims | The goal of the course is a deeper understanding of the role of small and medium-sized enterprises, as well as the application of appropriate techniques and tools for the purpose of successful preparation of the first business steps, presentation of a business plan, etc. |
| Learning outcomes | After attending this course, students will be able to: - understand the basic theories of entrepreneurship, as well as the differences and similarities between different theories about the role of entrepreneurs, - understand the role and importance of small and medium-sized enterprises within the national economy, - explain social and environmental factors that influence the degree of representation of entrepreneurship, − describe different approaches to defining small firms, − describe the importance of small firms in European economies and economies in transition, as well as their influence on the creation of new jobs and economic growth, − know different sources of financing entrepreneurial activities and small and medium-sized enterprises, − understand the factors that influence bank managers when approving loans and their relationships with the owners of small and medium-sized enterprises, − understand the essence of the gap in the financing of small firms with equity capital, − understand the concept of innovation in the context of the entrepreneurial process, − understand the ways in which small companies can strategically use information and communication technologies, − know the relevant strategies of small and medium-sized enterprises in the modern Internet environment, − know the complex aspects of the growth of small and medium-sized enterprises, − understand the importance of family business in the modern economy, as well as the advantages and disadvantages of establishing and of family business development, - explain and understand the advantages and disadvantages of the franchising model of functioning of small and mediumsized enterprises, - use characteristic marketing strategies and approaches of small and medium-sized enterprises, - understand the role of business incubators in the context of the development of small and medium-sized enterprises. |
| Lecturer / Teaching assistant | Assistant Professor Ivan Radević, Milica Damjanović |
| Methodology | Lectures, exercises, discussions, essays, debates, case studies. |
| Plan and program of work | |
| Preparing week | Preparation and registration of the semester |
| I week lectures | Introductory considerations, interpretation of concepts and definitions |
| I week exercises | Introductory considerations, interpretation of concepts and definitions |
| II week lectures | The role and importance of small and medium-sized enterprises within the national economy, Strategy for the Development of Small and Medium-sized Enterprises of Montenegro |
| II week exercises | The role and importance of small and medium-sized enterprises within the national economy, Strategy for the Development of Small and Medium-sized Enterprises of Montenegro |
| III week lectures | Small and medium enterprises; characteristics, strengths and weaknesses of functioning |
| III week exercises | Small and medium enterprises; characteristics, strengths and weaknesses of functioning |
| IV week lectures | Entrepreneurs, Entrepreneurship, Development of entrepreneurship, Attributes of entrepreneurs |
| IV week exercises | Entrepreneurs, Entrepreneurship, Development of entrepreneurship, Attributes of entrepreneurs |
| V week lectures | Management functions in small business (planning, organizing, leading, personnel, control) |
| V week exercises | Management functions in small business (planning, organizing, leading, personnel, control) |
| VI week lectures | I Midterm Exam |
| VI week exercises | I Midterm Exam |
| VII week lectures | Choice of ownership form, Perspectives of SME companies, Innovation management |
| VII week exercises | Choice of ownership form, Perspectives of SME companies, Innovation management |
| VIII week lectures | Life cycle of an SME company, Life cycle stages, critical points of growth and development |
| VIII week exercises | Life cycle of an SME company, Life cycle stages, critical points of growth and development |
| IX week lectures | Financial management of SME |
| IX week exercises | Financial management of SME |
| X week lectures | Marketing of small and medium enterprises and e-business |
| X week exercises | Marketing of small and medium enterprises and e-business |
| XI week lectures | Franchising and small and medium enterprises |
| XI week exercises | Franchising and small and medium enterprises |
| XII week lectures | Family businesses |
| XII week exercises | Family businesses |
| XIII week lectures | Strategic management, strategic planning, mission, vision, goals, strategies of business functions, strategy implementation, entrepreneurial strategies (analysis of examples from practice) |
| XIII week exercises | Strategic management, strategic planning, mission, vision, goals, strategies of business functions, strategy implementation, entrepreneurial strategies (analysis of examples from practice) |
| XIV week lectures | Financial reporting and analysis; financial report preparation, financial analysis, evaluation of investment opportunities |
| XIV week exercises | Financial reporting and analysis; financial report preparation, financial analysis, evaluation of investment opportunities |
| XV week lectures | Business incubators, technology parks and clusters. |
| XV week exercises | Business incubators, technology parks and clusters. |
| Student workload | |
| Per week | Per semester |
| 6 credits x 40/30=8 hours and 0 minuts
2 sat(a) theoretical classes 0 sat(a) practical classes 2 excercises 4 hour(s) i 0 minuts of independent work, including consultations |
Classes and final exam:
8 hour(s) i 0 minuts x 16 =128 hour(s) i 0 minuts Necessary preparation before the beginning of the semester (administration, registration, certification): 8 hour(s) i 0 minuts x 2 =16 hour(s) i 0 minuts Total workload for the subject: 6 x 30=180 hour(s) Additional work for exam preparation in the preparing exam period, including taking the remedial exam from 0 to 30 hours (remaining time from the first two items to the total load for the item) 36 hour(s) i 0 minuts Workload structure: 128 hour(s) i 0 minuts (cources), 16 hour(s) i 0 minuts (preparation), 36 hour(s) i 0 minuts (additional work) |
| Student obligations | The student is obligated to attend classes and take exams. |
| Consultations | In the scheduled times published on the website. |
| Literature | Paunović, B. (2021) Preduzetništvo i upravljanje malim preduzećem. Centar za izdavačku delatnost Ekonomskog fakulteta. Beograd, Srbija. Deakins, D. & Freel, M. (2012), Preduzetništvo i male firme, Data status, Beograd. Paunović, B. & Zipovski, D. (2021) Poslovni plan: vodič za izradu. Centar za izdavačku delatnost Ekonomskog fakulteta. Beograd, Srbija. Levicki, C. (2018). Small Business - Theory and Policy. Routledge. London. UK. Tesat, G. & Vincze Z. (2017). Motivating SMEs to Cooperate and Internationalize A Dynamic Perspective. Routledge. London, UK. Isaković, S. (2015). Menadžment malih i srednjih preduzeća. Ekonomski fakultet Univerziteta u Zenici. Bosna i Hercegovina. Jones, B., Chandler, N., Nemeth, J. P., Szarucki, M. & Kubica, I. (2018). Family Business Sustainability and Growth, ERASMUS+ KA2 Strategic Partnership, Leeds, UK. Fink, M. & Kraus, S. (2009). The Management of Small and Medium Entertprises. Routledge. London, UK. Jarvis, P. (2019). Why Staying Small is the Next Big Thing for Business. Houghton Mifflin Harcourt. Boston, USA. |
| Examination methods | Midterm Exam - 40 points; Class activities - 20 points; Final exam -40 points |
| Special remarks | / |
| Comment | / |
| Grade: | F | E | D | C | B | A |
| Number of points | less than 50 points | greater than or equal to 50 points and less than 60 points | greater than or equal to 60 points and less than 70 points | greater than or equal to 70 points and less than 80 points | greater than or equal to 80 points and less than 90 points | greater than or equal to 90 points |
Faculty of Economics / MANAGEMENT / BUSINESS ETHICS
| Course: | BUSINESS ETHICS/ |
| Course ID | Course status | Semester | ECTS credits | Lessons (Lessons+Exercises+Laboratory) |
| 10219 | Obavezan | 3 | 5 | 2+2+0 |
| Programs | MANAGEMENT |
| Prerequisites | No conditionality |
| Aims | Presenting theory and practice of business ethics within national and across international economy. |
| Learning outcomes | After completion of the course student will be able to: - explain the importance of ethics in business - discuss basics of business ethics - differentiate between various ethical approaches to business (agency, activities, utilities) - summarize development of universal business norms - explain ethical role of formal rules (laws, regulations, codex ... ) - explain ethical role of informal rules (custom, praxis, bon ton …). |
| Lecturer / Teaching assistant | Mirjana Kuljak, Dragana Ćirović |
| Methodology | Lectures, seminal works, case studies, literature reviews, discussions, field/on-site visits, visiting lecturers. |
| Plan and program of work | |
| Preparing week | Preparation and registration of the semester |
| I week lectures | Ethics and Business I part |
| I week exercises | Ethics and Business I part |
| II week lectures | Ethics and Business II part |
| II week exercises | Ethics and Business II part |
| III week lectures | Business ethics I part |
| III week exercises | Business ethics I part |
| IV week lectures | Business ethics II part |
| IV week exercises | Business ethics II part |
| V week lectures | Virtue ethics (agents) vs. duty ethics (activities) vs. utility ethics (utility): Phronesis-deontology-utilitarism I part |
| V week exercises | Virtue ethics (agents) vs. duty ethics (activities) vs. utility ethics (utility): Phronesis-deontology-utilitarism I part |
| VI week lectures | Virtue ethics (agents) vs. duty ethics (activities) vs. utility ethics (utility): Phronesis-deontology-utilitarism II part |
| VI week exercises | Virtue ethics (agents) vs. duty ethics (activities) vs. utility ethics (utility): Phronesis-deontology-utilitarism II part |
| VII week lectures | Preparation for I colloquium |
| VII week exercises | I colloquium |
| VIII week lectures | Development of universal business norms I part |
| VIII week exercises | Development of universal business norms I part |
| IX week lectures | Development of universal business norms II part |
| IX week exercises | Development of universal business norms II part |
| X week lectures | Formal rules (custom, praxis, bon ton, ...) I part |
| X week exercises | Formal rules (custom, praxis, bon ton, ...) I part |
| XI week lectures | Formal rules (custom, praxis, bon ton, ...) II part |
| XI week exercises | Formal rules (custom, praxis, bon ton, ...) II part |
| XII week lectures | Informal rules (custom, praxis, bon ton, ...) I part |
| XII week exercises | Informal rules (custom, praxis, bon ton, ...) I part |
| XIII week lectures | Informal rules (custom, praxis, bon ton, ...) II part |
| XIII week exercises | Informal rules (custom, praxis, bon ton, ...) II part |
| XIV week lectures | Preparations for II colloquium |
| XIV week exercises | II colloquium |
| XV week lectures | Final exam |
| XV week exercises | Repeat I and II colloquim Repeat final exam |
| Student workload | 2 hours of lectures, 2 hours of exercises, 2 hours preparations for required activities. |
| Per week | Per semester |
| 5 credits x 40/30=6 hours and 40 minuts
2 sat(a) theoretical classes 0 sat(a) practical classes 2 excercises 2 hour(s) i 40 minuts of independent work, including consultations |
Classes and final exam:
6 hour(s) i 40 minuts x 16 =106 hour(s) i 40 minuts Necessary preparation before the beginning of the semester (administration, registration, certification): 6 hour(s) i 40 minuts x 2 =13 hour(s) i 20 minuts Total workload for the subject: 5 x 30=150 hour(s) Additional work for exam preparation in the preparing exam period, including taking the remedial exam from 0 to 30 hours (remaining time from the first two items to the total load for the item) 30 hour(s) i 0 minuts Workload structure: 106 hour(s) i 40 minuts (cources), 13 hour(s) i 20 minuts (preparation), 30 hour(s) i 0 minuts (additional work) |
| Student obligations | Regular attendance of classes, active participation in required activities and colloquia. |
| Consultations | Before and after classes, and within consultation time in a lecturers room |
| Literature | Business ethics literature that covers curriculum topics, available at the Library of the Faculty, internet and e-sources. |
| Examination methods | Points (p) per activity: one colloquium max 40p; class activities (P/V) max 20p (10L + 10E); making a seminar paper max 10p, final exam (oral) 30p; Total 100p. Student has an option to earn points envisioned for colloquia and final exam by actively participating in classes, following ECTS weekly topics. |
| Special remarks | |
| Comment |
| Grade: | F | E | D | C | B | A |
| Number of points | less than 50 points | greater than or equal to 50 points and less than 60 points | greater than or equal to 60 points and less than 70 points | greater than or equal to 70 points and less than 80 points | greater than or equal to 80 points and less than 90 points | greater than or equal to 90 points |
Faculty of Economics / MANAGEMENT / BUSINESS FOREIGN LANGUAGE - ENGLISH
| Course: | BUSINESS FOREIGN LANGUAGE - ENGLISH/ |
| Course ID | Course status | Semester | ECTS credits | Lessons (Lessons+Exercises+Laboratory) |
| 10922 | Obavezan | 1 | 6 | 2+2+0 |
| Programs | MANAGEMENT |
| Prerequisites | |
| Aims | |
| Learning outcomes | |
| Lecturer / Teaching assistant | |
| Methodology |
| Plan and program of work | |
| Preparing week | Preparation and registration of the semester |
| I week lectures | |
| I week exercises | |
| II week lectures | |
| II week exercises | |
| III week lectures | |
| III week exercises | |
| IV week lectures | |
| IV week exercises | |
| V week lectures | |
| V week exercises | |
| VI week lectures | |
| VI week exercises | |
| VII week lectures | |
| VII week exercises | |
| VIII week lectures | |
| VIII week exercises | |
| IX week lectures | |
| IX week exercises | |
| X week lectures | |
| X week exercises | |
| XI week lectures | |
| XI week exercises | |
| XII week lectures | |
| XII week exercises | |
| XIII week lectures | |
| XIII week exercises | |
| XIV week lectures | |
| XIV week exercises | |
| XV week lectures | |
| XV week exercises |
| Student workload | |
| Per week | Per semester |
| 6 credits x 40/30=8 hours and 0 minuts
2 sat(a) theoretical classes 0 sat(a) practical classes 2 excercises 4 hour(s) i 0 minuts of independent work, including consultations |
Classes and final exam:
8 hour(s) i 0 minuts x 16 =128 hour(s) i 0 minuts Necessary preparation before the beginning of the semester (administration, registration, certification): 8 hour(s) i 0 minuts x 2 =16 hour(s) i 0 minuts Total workload for the subject: 6 x 30=180 hour(s) Additional work for exam preparation in the preparing exam period, including taking the remedial exam from 0 to 30 hours (remaining time from the first two items to the total load for the item) 36 hour(s) i 0 minuts Workload structure: 128 hour(s) i 0 minuts (cources), 16 hour(s) i 0 minuts (preparation), 36 hour(s) i 0 minuts (additional work) |
| Student obligations | |
| Consultations | |
| Literature | |
| Examination methods | |
| Special remarks | |
| Comment |
| Grade: | F | E | D | C | B | A |
| Number of points | less than 50 points | greater than or equal to 50 points and less than 60 points | greater than or equal to 60 points and less than 70 points | greater than or equal to 70 points and less than 80 points | greater than or equal to 80 points and less than 90 points | greater than or equal to 90 points |
Faculty of Economics / MANAGEMENT / MANAGING FINANCIAL RISKS
| Course: | MANAGING FINANCIAL RISKS/ |
| Course ID | Course status | Semester | ECTS credits | Lessons (Lessons+Exercises+Laboratory) |
| 11255 | Obavezan | 5 | 6 | 2+2+0 |
| Programs | MANAGEMENT |
| Prerequisites | |
| Aims | |
| Learning outcomes | |
| Lecturer / Teaching assistant | |
| Methodology |
| Plan and program of work | |
| Preparing week | Preparation and registration of the semester |
| I week lectures | |
| I week exercises | |
| II week lectures | |
| II week exercises | |
| III week lectures | |
| III week exercises | |
| IV week lectures | |
| IV week exercises | |
| V week lectures | |
| V week exercises | |
| VI week lectures | |
| VI week exercises | |
| VII week lectures | |
| VII week exercises | |
| VIII week lectures | |
| VIII week exercises | |
| IX week lectures | |
| IX week exercises | |
| X week lectures | |
| X week exercises | |
| XI week lectures | |
| XI week exercises | |
| XII week lectures | |
| XII week exercises | |
| XIII week lectures | |
| XIII week exercises | |
| XIV week lectures | |
| XIV week exercises | |
| XV week lectures | |
| XV week exercises |
| Student workload | |
| Per week | Per semester |
| 6 credits x 40/30=8 hours and 0 minuts
2 sat(a) theoretical classes 0 sat(a) practical classes 2 excercises 4 hour(s) i 0 minuts of independent work, including consultations |
Classes and final exam:
8 hour(s) i 0 minuts x 16 =128 hour(s) i 0 minuts Necessary preparation before the beginning of the semester (administration, registration, certification): 8 hour(s) i 0 minuts x 2 =16 hour(s) i 0 minuts Total workload for the subject: 6 x 30=180 hour(s) Additional work for exam preparation in the preparing exam period, including taking the remedial exam from 0 to 30 hours (remaining time from the first two items to the total load for the item) 36 hour(s) i 0 minuts Workload structure: 128 hour(s) i 0 minuts (cources), 16 hour(s) i 0 minuts (preparation), 36 hour(s) i 0 minuts (additional work) |
| Student obligations | |
| Consultations | |
| Literature | |
| Examination methods | |
| Special remarks | |
| Comment |
| Grade: | F | E | D | C | B | A |
| Number of points | less than 50 points | greater than or equal to 50 points and less than 60 points | greater than or equal to 60 points and less than 70 points | greater than or equal to 70 points and less than 80 points | greater than or equal to 80 points and less than 90 points | greater than or equal to 90 points |
Faculty of Economics / MANAGEMENT / ACTUARIAL MATEMATICS
| Course: | ACTUARIAL MATEMATICS/ |
| Course ID | Course status | Semester | ECTS credits | Lessons (Lessons+Exercises+Laboratory) |
| 11256 | Obavezan | 6 | 6 | 2+2+0 |
| Programs | MANAGEMENT |
| Prerequisites | No conditionality |
| Aims | The goal is to enable students to understand the basic definitions and statements from Actuarial Mathematics, in order to freely use and use various techniques of mathematics in insurance. |
| Learning outcomes | After completion of this course the student will be able to: 1. Describe the calculation base in tariffs calculation of life insurance and calculate the discount factor in insurance- technical sense. 2. Define the biometric functions, the intensity of mortality, expected and probable life duration. 3. Calculate net and gross premiums for the various types of life insurance. 4. Establish tariffs in property insurance. 5. Calculate the premium reserve in 4 ways. 6. Explain the methods of determining reserves for losses and retention. 7. Define and determine a solvency margin and assess the rating of insurance companies. |
| Lecturer / Teaching assistant | prof. dr Vladimir Kašćelan, TA- mr Milan Raičević |
| Methodology | Lectures with the active participation of students. |
| Plan and program of work | |
| Preparing week | Preparation and registration of the semester |
| I week lectures | Technical organization of insurance. Characteristics and type of life insurance.Technical bases of life insurance |
| I week exercises | Technical organization of insurance. Characteristics and type of life insurance.Technical bases of life insurance |
| II week lectures | Computational bases for tariff calculations in life insurance. |
| II week exercises | Computational bases for tariff calculations in life insurance. |
| III week lectures | Tariff calculation (net premiums) for different types of life insurance |
| III week exercises | Tariff calculation (net premiums) for different types of life insurance |
| IV week lectures | Biometric functions. Mortality rate. Expected and probable life duration |
| IV week exercises | Biometric functions. Mortality rate. Expected and probable life duration |
| V week lectures | Gross premium calculation in life insurance. One and case of more than one annual premium |
| V week exercises | Gross premium calculation in life insurance. One and case of more than one annual premium |
| VI week lectures | Insurance at two lives. Probability of life and death of two persons. Commutative numbers. Joint whole life annuity-due. Pure endowment. Whole life insurance. Endowment |
| VI week exercises | Insurance at two lives. Probability of life and death of two persons. Commutative numbers. Joint whole life annuity-due. Pure endowment. Whole life insurance. Endowment |
| VII week lectures | Determination of tariffs in non-life insurance |
| VII week exercises | Determination of tariffs in non-life insurance |
| VIII week lectures | Test |
| VIII week exercises | Test |
| IX week lectures | Premium reserve. Individual and collective premium reserve. Definitions. Examples |
| IX week exercises | Premium reserve. Individual and collective premium reserve. Definitions. Examples |
| X week lectures | Retrospective and prospective net method of premium reserve calculation. Zillmer’s method |
| X week exercises | Retrospective and prospective net method of premium reserve calculation. Zillmer’s method |
| XI week lectures | Recursion relations. Saving and risk premium |
| XI week exercises | Recursion relations. Saving and risk premium |
| XII week lectures | Methods for loss reserves calculation in non-life insurance. Self-retention and methods for its calculation |
| XII week exercises | Methods for loss reserves calculation in non-life insurance. Self-retention and methods for its calculation |
| XIII week lectures | Solvency margin. |
| XIII week exercises | Solvency margin. |
| XIV week lectures | Rating of insurance companies |
| XIV week exercises | Rating of insurance companies |
| XV week lectures | Make-up test |
| XV week exercises | Make-up test |
| Student workload | 2x2 |
| Per week | Per semester |
| 6 credits x 40/30=8 hours and 0 minuts
2 sat(a) theoretical classes 0 sat(a) practical classes 2 excercises 4 hour(s) i 0 minuts of independent work, including consultations |
Classes and final exam:
8 hour(s) i 0 minuts x 16 =128 hour(s) i 0 minuts Necessary preparation before the beginning of the semester (administration, registration, certification): 8 hour(s) i 0 minuts x 2 =16 hour(s) i 0 minuts Total workload for the subject: 6 x 30=180 hour(s) Additional work for exam preparation in the preparing exam period, including taking the remedial exam from 0 to 30 hours (remaining time from the first two items to the total load for the item) 36 hour(s) i 0 minuts Workload structure: 128 hour(s) i 0 minuts (cources), 16 hour(s) i 0 minuts (preparation), 36 hour(s) i 0 minuts (additional work) |
| Student obligations | Students are required to attend classes |
| Consultations | After the lecture and in official terms. |
| Literature | 1. Kočović J.: Aktuarske osnove formiranja tarifa u osiguranju lica EF-Beograd 2000; 2. Kašćelan V. Novović M: Osiguranje i aktuarska matermatika, Univerzitet Crne Gore, 2009.; 3. Kašćelan V.: Osnove aktuarske matematike- skripta EF 2004. Selection from a variety of foreign books which deal with premium reserve, tariffs in insurance and solvency margin. |
| Examination methods | Quizzes 10 points (5x2) Test 40 points Final exam 50 points The grade is formed in accordance with the ECTS scale. |
| Special remarks | |
| Comment |
| Grade: | F | E | D | C | B | A |
| Number of points | less than 50 points | greater than or equal to 50 points and less than 60 points | greater than or equal to 60 points and less than 70 points | greater than or equal to 70 points and less than 80 points | greater than or equal to 80 points and less than 90 points | greater than or equal to 90 points |
Faculty of Economics / MANAGEMENT / EVALUATION OF INVESTMENT PROJECTS
| Course: | EVALUATION OF INVESTMENT PROJECTS/ |
| Course ID | Course status | Semester | ECTS credits | Lessons (Lessons+Exercises+Laboratory) |
| 11257 | Obavezan | 6 | 6 | 2+2+0 |
| Programs | MANAGEMENT |
| Prerequisites | / |
| Aims | The goal is for students to master the knowledge and skills needed to create and evaluate investment projects. |
| Learning outcomes | Students understand the essence of investment and distinguish between current and capital expenditures. Students use and apply static and dynamic methods for evaluating the profitability of investment projects. Students rank and rate projects that have unequal economic lifetimes. Students independently prepare and evaluate an investment project. |
| Lecturer / Teaching assistant | Prof. Milan Lakićević, PhD Milica Vukčević, MSc |
| Methodology | Lectures and exercises. Checking understanding and knowledge of the material through tasks and examples for independent work and additional explanations of the material covered through consultations. The exam consists of one colloquium during the semester and a final exam. Also, it is planned to pass the practical part in the computer room. |
| Plan and program of work | |
| Preparing week | Preparation and registration of the semester |
| I week lectures | General terms about investments. Management of the investment process. |
| I week exercises | General terms about investments. Management of the investment process. |
| II week lectures | Investment financing. |
| II week exercises | Investment financing. |
| III week lectures | Pre-investment study. Creation of an investment project. |
| III week exercises | Pre-investment study. Creation of an investment project. |
| IV week lectures | Quantification of investments. Projection of income and expenses and residual value of the investment project. |
| IV week exercises | Quantification of investments. Projection of income and expenses and residual value of the investment project. |
| V week lectures | Projection of profit and net cash flow of the investment project. |
| V week exercises | Projection of profit and net cash flow of the investment project. |
| VI week lectures | Concept and quantification of cost of capital. |
| VI week exercises | Concept and quantification of cost of capital. |
| VII week lectures | Financial assessment and ranking of investment projects. Methods for evaluating the profitability of investment projects. |
| VII week exercises | Financial assessment and ranking of investment projects. Methods for evaluating the profitability of investment projects. |
| VIII week lectures | Net Present Value Method and Internal Rate of Return Method. |
| VIII week exercises | Net Present Value Method and Internal Rate of Return Method. |
| IX week lectures | Payback Period Method and Accounting Rate of Return. |
| IX week exercises | Payback Period Method and Accounting Rate of Return. |
| X week lectures | Evaluation of project liquidity. Investing within the limits of existing capacity. |
| X week exercises | Evaluation of project liquidity. Investing within the limits of existing capacity. |
| XI week lectures | Uncertainty and uncertainty analysis. Elasticity analysis. |
| XI week exercises | Uncertainty and uncertainty analysis. Elasticity analysis. |
| XII week lectures | Sensitivity analysis. Probability analysis. Standard deviation and likelihood ratio. |
| XII week exercises | Sensitivity analysis. Probability analysis. Standard deviation and likelihood ratio. |
| XIII week lectures | Assessment of the profitability of investment projects with unequal lifetimes. |
| XIII week exercises | Assessment of the profitability of investment projects with unequal lifetimes. |
| XIV week lectures | UNIDO methodology |
| XIV week exercises | UNIDO methodology |
| XV week lectures | Colloquium |
| XV week exercises | Colloquium |
| Student workload | Weekly 6 credits x 40/30=8 hours and 0 minutes 2 hour(s) of theoretical lecture 0 hour(s) of practical lecture 2 exercises 4 hour(s) and 0 minutes independent work, including consultations In the semester Classes and final exam: 8 hours and 0 minutes x 16 = 128 hours and 0 minutes Necessary preparation before the beginning of the semester (administration, registration, certification): 8 hours and 0 minutes x 2 = 16 hours and 0 minutes Total workload for the course: 6 x 30=180 hours Additionally work for exam preparation in the remedial exam period, including taking a make-up exam from 0 to 30 hours (remaining time from the first two items to the total load for the subject) 36 hours and 0 minutes Load structure: 128 hours and 0 minutes (teaching), 16 hours and 0 minutes (preparation), 36 hours and 0 minutes (additional work) |
| Per week | Per semester |
| 6 credits x 40/30=8 hours and 0 minuts
2 sat(a) theoretical classes 0 sat(a) practical classes 2 excercises 4 hour(s) i 0 minuts of independent work, including consultations |
Classes and final exam:
8 hour(s) i 0 minuts x 16 =128 hour(s) i 0 minuts Necessary preparation before the beginning of the semester (administration, registration, certification): 8 hour(s) i 0 minuts x 2 =16 hour(s) i 0 minuts Total workload for the subject: 6 x 30=180 hour(s) Additional work for exam preparation in the preparing exam period, including taking the remedial exam from 0 to 30 hours (remaining time from the first two items to the total load for the item) 36 hour(s) i 0 minuts Workload structure: 128 hour(s) i 0 minuts (cources), 16 hour(s) i 0 minuts (preparation), 36 hour(s) i 0 minuts (additional work) |
| Student obligations | Students are obliged to attend classes, solve tasks that are given for independent practice and evaluation, pass the introductory part in the computer room, and pass the colloquium and the final exam. |
| Consultations | Professor: Tuesday (from 11:00 a.m. to 12:00 p.m., room 305) Assistant: Friday (from 5:00 p.m. to 6:20 p.m., room 416) |
| Literature | Jovan Rodić, Milovan Filipović: Poslovne finansije, Beogradska poslovna škola, Beograd 2012. Dejan Mikerević: Evaluacija investicija, Finrar, Banja Luka, 2022. Dragan Mikerević: Finansijski menadžment, Finrar, Banja Luka, Petar Jovanović: Upravljanje investicijama, Grafoslog, Beograd, 2001. Udruženje banaka Jugoslavije, Ekonomski institut Zagreb: Priručnik za planiranje investicionih projekata, Privredna štampa Beograd, 1981. |
| Examination methods | Colloquium - 50 points Practical work – 30 points Final exam 20 points |
| Special remarks | / |
| Comment | / |
| Grade: | F | E | D | C | B | A |
| Number of points | less than 50 points | greater than or equal to 50 points and less than 60 points | greater than or equal to 60 points and less than 70 points | greater than or equal to 70 points and less than 80 points | greater than or equal to 80 points and less than 90 points | greater than or equal to 90 points |
Faculty of Economics / MANAGEMENT / FORENSIC ACCOUNTING
| Course: | FORENSIC ACCOUNTING/ |
| Course ID | Course status | Semester | ECTS credits | Lessons (Lessons+Exercises+Laboratory) |
| 11258 | Obavezan | 6 | 6 | 2+2+0 |
| Programs | MANAGEMENT |
| Prerequisites | |
| Aims | |
| Learning outcomes | |
| Lecturer / Teaching assistant | |
| Methodology |
| Plan and program of work | |
| Preparing week | Preparation and registration of the semester |
| I week lectures | |
| I week exercises | |
| II week lectures | |
| II week exercises | |
| III week lectures | |
| III week exercises | |
| IV week lectures | |
| IV week exercises | |
| V week lectures | |
| V week exercises | |
| VI week lectures | |
| VI week exercises | |
| VII week lectures | |
| VII week exercises | |
| VIII week lectures | |
| VIII week exercises | |
| IX week lectures | |
| IX week exercises | |
| X week lectures | |
| X week exercises | |
| XI week lectures | |
| XI week exercises | |
| XII week lectures | |
| XII week exercises | |
| XIII week lectures | |
| XIII week exercises | |
| XIV week lectures | |
| XIV week exercises | |
| XV week lectures | |
| XV week exercises |
| Student workload | |
| Per week | Per semester |
| 6 credits x 40/30=8 hours and 0 minuts
2 sat(a) theoretical classes 0 sat(a) practical classes 2 excercises 4 hour(s) i 0 minuts of independent work, including consultations |
Classes and final exam:
8 hour(s) i 0 minuts x 16 =128 hour(s) i 0 minuts Necessary preparation before the beginning of the semester (administration, registration, certification): 8 hour(s) i 0 minuts x 2 =16 hour(s) i 0 minuts Total workload for the subject: 6 x 30=180 hour(s) Additional work for exam preparation in the preparing exam period, including taking the remedial exam from 0 to 30 hours (remaining time from the first two items to the total load for the item) 36 hour(s) i 0 minuts Workload structure: 128 hour(s) i 0 minuts (cources), 16 hour(s) i 0 minuts (preparation), 36 hour(s) i 0 minuts (additional work) |
| Student obligations | |
| Consultations | |
| Literature | |
| Examination methods | |
| Special remarks | |
| Comment |
| Grade: | F | E | D | C | B | A |
| Number of points | less than 50 points | greater than or equal to 50 points and less than 60 points | greater than or equal to 60 points and less than 70 points | greater than or equal to 70 points and less than 80 points | greater than or equal to 80 points and less than 90 points | greater than or equal to 90 points |
Faculty of Economics / MANAGEMENT / INTERNATIONAL BUSINESS FINANCING
| Course: | INTERNATIONAL BUSINESS FINANCING/ |
| Course ID | Course status | Semester | ECTS credits | Lessons (Lessons+Exercises+Laboratory) |
| 11259 | Obavezan | 6 | 6 | 2+2+0 |
| Programs | MANAGEMENT |
| Prerequisites | None. |
| Aims | The course International Business Financing provides students modern knowledge in the field of international finance, an understanding of the process and specifics of international business finance, as well as an insight into international financial transactions. |
| Learning outcomes | • Acquired knowledge in this area enables students to understand the essence and changes in exchange rates, the organization and work of the MFO, the origin and functioning of the EMU. Special attention is paid to international capital flows, securing export operations and joint capital investments. • By providing the necessary amounts and the most favorable structure of funds from international sources for the realization of business ventures and, on the other hand, the most economically rational investment of free funds through international transactions. • International financing enables a more rational use of financial resources, which are directed to regions and sectors where their efficiency in use is the greatest. |
| Lecturer / Teaching assistant | Full Professor Danijela Jaćimović, lecturer, Dženana Đurković, teaching assistant |
| Methodology | Lectures, exercises, consultations. |
| Plan and program of work | |
| Preparing week | Preparation and registration of the semester |
| I week lectures | The concept of international business financing |
| I week exercises | The concept of international business financing |
| II week lectures | Transnational companies and international business financing |
| II week exercises | Transnational companies and international business financing |
| III week lectures | Non-financial and financial transnational companies and international business financing |
| III week exercises | Non-financial and financial transnational companies and international business financing |
| IV week lectures | National institutions for financing long-term export operations. Multilateral institutions for financing long-term export operations |
| IV week exercises | National institutions for financing long-term export operations. Multilateral institutions for financing long-term export operations |
| V week lectures | International regulation and international business financing. Complex forms of international business financing (traditional - property) |
| V week exercises | International regulation and international business financing. Complex forms of international business financing (traditional - property) |
| VI week lectures | The foreign exchange system of the country and international business financing. Financiers and users of financing in international business financing |
| VI week exercises | The foreign exchange system of the country and international business financing. Financiers and users of financing in international business financing |
| VII week lectures | Types of international business financing. Risks of international business financing |
| VII week exercises | Types of international business financing. Risks of international business financing |
| VIII week lectures | International business financing instruments |
| VIII week exercises | International business financing instruments |
| IX week lectures | Colloquium |
| IX week exercises | Colloquium |
| X week lectures | Classic forms of international business financing and international credit deals. Complex forms of international business financing (new forms - non-property) |
| X week exercises | Classic forms of international business financing and international credit deals. Complex forms of international business financing (new forms - non-property) |
| XI week lectures | Remedial colloquium |
| XI week exercises | Remedial colloquium |
| XII week lectures | Practical teaching |
| XII week exercises | Practical teaching |
| XIII week lectures | Practical teaching |
| XIII week exercises | Practical teaching |
| XIV week lectures | Practical teaching |
| XIV week exercises | Practical teaching |
| XV week lectures | Practical teaching |
| XV week exercises | Practical teaching |
| Student workload | |
| Per week | Per semester |
| 6 credits x 40/30=8 hours and 0 minuts
2 sat(a) theoretical classes 0 sat(a) practical classes 2 excercises 4 hour(s) i 0 minuts of independent work, including consultations |
Classes and final exam:
8 hour(s) i 0 minuts x 16 =128 hour(s) i 0 minuts Necessary preparation before the beginning of the semester (administration, registration, certification): 8 hour(s) i 0 minuts x 2 =16 hour(s) i 0 minuts Total workload for the subject: 6 x 30=180 hour(s) Additional work for exam preparation in the preparing exam period, including taking the remedial exam from 0 to 30 hours (remaining time from the first two items to the total load for the item) 36 hour(s) i 0 minuts Workload structure: 128 hour(s) i 0 minuts (cources), 16 hour(s) i 0 minuts (preparation), 36 hour(s) i 0 minuts (additional work) |
| Student obligations | Mandatory attendance at lectures and exercises. |
| Consultations | At the scheduled time. |
| Literature | Miloš Todorović, Ivan Marković, Međunarodna ekonomija, Ekonomski fakultet Niš, 2019. glave: 8, 9,10,11, 12, 13, 14. Jelena Kozomara, Sandra Stojadinović Jovanović, Međunarodno poslovno finansiranje, CID, Ekonomski fakultet, Beograd 2011. Miloš Todorović, Ivan Marković, Međunarodni ekonomski odnosi i geopolički odnosi u 21. vijeku, Ekonomski fakultet Niš, 2020. |
| Examination methods | Colloquium: 40 points Activity: 15 points Final exam: 45 points |
| Special remarks | |
| Comment |
| Grade: | F | E | D | C | B | A |
| Number of points | less than 50 points | greater than or equal to 50 points and less than 60 points | greater than or equal to 60 points and less than 70 points | greater than or equal to 70 points and less than 80 points | greater than or equal to 80 points and less than 90 points | greater than or equal to 90 points |
