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Business Economics
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Programme director:
prof. Lidija Barjaktarović, PhD
Programme director:
prof. Milovan Stanišić, PhD

If you are interested in pursuing a successful career in the field of finance and banking, accounting and auditing, insurance, marketing and trade, strategic management and human resource management, our master study programme entitled Business Economics is the right choice for you.

Upon completion of the programme, the students will develop knowledge and skills needed to perform various jobs in the banking sector, financial services industry, tax services, consulting firms, bookkeeping agencies, insurance companies, marketing agencies etc.

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Study options:
  • FFinance and Banking
  • AAccounting and Auditing
  • IInsurance
  • SStrategic Management
  • HHuman Resource Management
  • MMarketing and Trade
I semestar

The aim of this course is to make the students conversant with the basic methodological postulates, specific qualities of epistemology of social sciences, main logical research methods, methods and techniques for collection, analysis and explication of scientific material and the structure of scientific research, i.e., phases in the process of scientific research.

The aim of the course is to enable students to gain relevant knowledge and skills on how to choose target markets and create maintain and increase the number of clients by creating, delivering and communicating the superior value for clients.

This course should enable students to acquire theoretical-analytical and applied knowledge in the area of financial reporting and business decision making. The students should also master the financial reporting and business decision-making techniques, and become conversant with the modern achievements in financial reporting and business decision making.

The aim of the course is to enable students to acquire theoretical-analytical and applied knowledge in corporate finance and become fully conversant with all the issues related to contemporary corporate finance, develop analytical and practical thinking and acquire hands-on skills for the jobs performed by financial managers and financial advisors.

The students should acquire theoretical-analytical and applied knowledge in the field of audit, internal control, risk, audit evidence, and the main types of audit opinion.

The aim of this course is to enable students to gain theoretical-practical knowledge on corporate culture, its origin, as well as the basic forms of its manifestation within contemporary business organizations.

The aim of the course is to make the students conversant with the science and practice of organizational behavior that contributes to successful business operations.

The course aims to equip students with necessary knowledge and skills that could enable them to successfully run organizations and make them more efficient.

The course is designed in such a way to educate competent experts who will be able to do most complex jobs in insurance and reinsurance companies, trading companies, as well as state institutions that deal with control and monitoring of insurance. They should master the specific knowledge in the area of management and risk allocation models in insurance.

The aim of this course is to enable students to gain theoretical-analytical and applied knowledge and skills in the field of audit and audit- related services. They should master techniques used in audit and audit-related services. They should also become conversant with contemporary achievements in the field of audit and audit- related services. The practical part of this course aims to enable students to develop necessary skills required for audit and related services using case studies and other practical examples.

The aim of this course is to enable students to gain theoretical-analytical and applied knowledge and skills in the field of forensic accounting. The students should master forensic accounting techniques and become conversant with contemporary achievements in the field of forensic accounting and tendencies in its development. The purpose of the practical part of this course is to enable the students to gain skills necessary for forensic accounting through case studies and other practical examples.

The aim of this course is to make students conversant with contemporary internal audit, its achievements and the main principles in implementation of the latest technology and software tools.

The aim of this course is to enable students to gain theoretical-analytical and applied knowledge in the field of forensics. They should be able to understand the concept of fraud, including fraud committed within an organization and fraud committed against an organization and to master forensic techniques; the students should also become conversant with contemporary achievements in the field of forensics and tendencies in its development.

The aim of this course is to enable the students to become conversant with the concept of management, with special emphasis on public institutions management and enable them to understand all segments of management processes (planning, organizing, leading and controlling). They should learn more about the management process through examining case studies of successful public institutions in the country and abroad, become aware of the importance of management in public enterprises and take active part in upgrading business processes within their business environments.

The aim of the course is to provide students with elementary knowledge on mechanisms of market communication, with an emphasis on trade propaganda and advertising, as the main forms of communication between the company and the consumer and society in general.

II semestar

The students should gain theoretical and practical knowledge in the domain of stock exchange operations, applied to financial markets.

The aim of this course is to enable students to gain theoretical and practical knowledge in the domain of special balances. They should master the techniques of special balances preparation.

The aim of this course is to make students conversant with the importance of human resources in contemporary business environment, as creative and innovative part of every organization. The students should learn more about the concept and evolution of human resource management, human resource process and methods that organizations use to attract, maintain, motivate and reward their employees so that they would contribute to achieving the strategic goals of an organization.

The aim of the course is to enable students to gain knowledge and skills in the area of business intelligence and become conversant with business intelligence systems in the context of strategic management by applying BSC (Balanced Scorecard) methodology. Enabling students to understand the decision-making process and evaluation of how the decision-making support systems can help to resolve semi-structured and non- structured problems. They should master business intelligence from the perspective of Customer Relationship Management (CRM), Enterprise Resource Planning (ERP) and Supply Chain Management (SCM) and be able to understand the elements of business intelligence: Data Warehouse, OLAP solutions, and Data Mining. Managing and detecting knowledge by applying Data Mining techniques and algorithms.

The students should be able to initiate and manage change in the conditions of global competition.

This course enables education of competent experts for performing the most complex jobs in insurance and reinsurance companies, companies and state institutions that deal with of control and monitoring of insurance. The students should acquire the specific knowledge in the area of insurance management.

The aim of the course is to make the students conversant with the process of profit planning and control process. They should be able to understand the goals, technical procedures and budgeting effects.

The aim of this course is to enable students to gain knowledge and skills in the field of internal audit, in particular, risk and control assessment and their categorization in various areas of business and non-business organizations with the aim to efficiently manage risk and control systems, and all that with the aim to reach the goals of business entities and other organizations.

The goal of this course is to enable students to develop new and improve their current forensic skills and master techniques necessary for efficient fraud detection. Therefore, the purpose of this course is to enable students to master fraud audit methodology, putting special emphasis on understanding common fraud schemes, techniques for their detection and fraud prevention methods.

The aim of this course is to enable students to gain basic and general theoretical knowledge in the field of expert witnessing and obtain skills necessary for their practical use. As expert witnessing encompasses all spheres of real life, it is necessary to become conversant with its various forms. It is particularly essential to examine the specifics and characteristics of certain types of expert witnessing (economic-financial, construction and housing and communal area, mechanical engineering and electrical engineering, medicine etc.). Expert witnessing implies connection of wider territorial entities, and thus, it is also necessary to obtain knowledge in that field, in particular, to become familiar with the situation in the EU legal system and harmonization of regulations in this field, which is also one of the goals.

The aim of this course is to enable students to gain theoretical-analytical knowledge and skills in the field of statistical methods that could be implemented in practice.

This course offers detailed analysis of goals and strategies of health policy, health care financing, health protect ion management and health systems management, The purpose of this course is to enable students to gain theoretical and practical knowledge necessary for working in the area of health organizations management and health policy management, management of monetary and non-monetary flows in various health systems, as well as application of acquired knowledge and skills in services and manufacturing activities management within the health system.

The aim of this course is to enable students to gain knowledge about all relevant institutions, categories and regulations of the tax system in the Republic of Serbia; to become conversant with all stages of tax procedure; master tax terminology; enable students to interpret tax provisions and file tax returns; to develop skills relevant for critical analysis of positive tax legislation of Serbia and to gain wider knowledge and skills as a basis for tax consulting.

The main aim of this course is to make students conversant with budgeting and financial management in the public sector. Special emphasis is put on examining individual elements of budgeting cycle and budgeting practice on the territory of the Republic of Serbia.

The students should become conversant with the concept of Customer Relationship Management, its elements, implementation procedures and strategic framework for its implementation. They should be fully familiar with CRM activities as the main element of CRM, as well as with the marketing communication activities, as the key elements for building long-term relationships.

The aim of this course is to enable students to apply basic theoretical-methodological, scientific and expert knowledge and methods when solving concrete problems within various segments of business economics: finance and banking, accounting and audit, insurance and marketing management and trade, human resource management. When preparing this research paper, the students examine the problem, its structure and complexity, and based on the analysis conducted, they draw conclusions on possible solutions and making adequate strategic decisions. By exploring the given literature, the students become more conversant with the methods and practices used in solving similar tasks.

The goal of preparation and defense of the final master thesis is to enable students to show independent and creative approach to implementation of scientific-research methods in problem solving, decision making and implementation of those decisions in life of an organization in the field of internal audit and forensics.

  • The candidate takes six exams. The first project assignment integrates four courses from the first semester, whereas the second one combines two courses from the second semester.
  • During the course of studies, the candidates formulate their master’s thesis. Project assignments completed in the first and second semester can be integrated into the final master’s thesis.

Fill out the pre-admission form "Business Economics".