Faculty of Economics / MANAGEMENT - Bijelo Polje / BUSINESS MATHEMATICS
| Course: | BUSINESS MATHEMATICS/ |
| Course ID | Course status | Semester | ECTS credits | Lessons (Lessons+Exercises+Laboratory) |
| 2147 | Obavezan | 1 | 5 | 2+3+0 |
| Programs | MANAGEMENT - Bijelo Polje |
| 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 | After completion of this course the student will be able to: 1. Define economic function, calculate the equilibrium price and determine the profitability interval. 2. Define simple and complex proportion, division of given value, weighted average and apply the percentages to solve business mathematics tasks. 3. Describe the anticipative and decursive method of interest calculation, nominal, relative and effective interest rate and apply these concepts in determining the price of instruments in the money market. 4. Find an annuity and to make a plan of repayment of consumer and investment loans. 5. Apply the equivalence principle and the methods of discounting and prolongation in testing the profitability of investments, as well as in evaluation of long-term bonds and shares. 6. Calculate the discount factor in insurance-technical sense, define biometric functions and applied financial mathematics and probability to solve simple actuarial mathematics tasks. 7. Describe the type of life insurance and to calculate the net and gross premium for each of them. |
| Lecturer / Teaching assistant | prof. dr Vladimir Kašćelan, doc. dr Saša Vujošević, dr Julija Cerović, dr Milena Lipovina- Božović |
| 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 one test 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. |
| X week exercises | Basic concepts of probability theory- classical definition, random variables and their expectation. Introduction to actuarial mathematics. |
| XI week lectures | Test |
| XI week exercises | Test |
| XII week lectures | Biometric functions. Mortality rate. Expected and probable life duration. Life annuities payable annual (single net premium). |
| XII week exercises | Biometric functions. Mortality rate. Expected and probable life duration. Life annuities payable annual (single net premium). |
| XIII week lectures | Make-up test |
| XIII week exercises | Make-up test |
| 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 | per week 5 ECTS x 40/30 = 6.67 hours Structure: 2 hours of lectures 3 hours of exercise 1.67 hours of independent work, including consultation per semester Total workload for the course: 5 ECTS x 30 = 150 hours Structure: Lessons and the final exam: 6.67 hours x 16 weeks = 106.72 hours Necessary preparations before the start of the semester (administration): 6.67 hours x 2 weeks = 13.34 hours Additional work for preparation and make-up examination: 29.94 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 required to attend classes |
| Consultations | After classes |
| Literature | B. Laković V. Kašćelan Privredna i finansijska matematika, II izdanje, Poslovna škola- Ekonomski fakultet Podgorica, 1997. |
| Examination methods | Test 50 points Final exam 50 points The exam is passed if the total score is at least 50 points. Marks A B C D E Number of points 91-100 81-90 71-80 61-70 51-60 |
| 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 - Bijelo Polje / ENTERPRENEURSHIP
| Course: | ENTERPRENEURSHIP/ |
| Course ID | Course status | Semester | ECTS credits | Lessons (Lessons+Exercises+Laboratory) |
| 49 | Obavezan | 3 | 6 | 2+2+0 |
| Programs | MANAGEMENT - Bijelo Polje |
| Prerequisites | There are no prerequisites. |
| Aims | The main objective of this course is to enable students to understand the importance and role of entrepreneurship in today's 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 entrepreneurial 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 of concrete economic realities of large organization. |
| Learning outcomes | After passing this exam, students will be able to: Describe the basic categories of business venture in the case of specific company; Explain the entrepreneurship through the ability of spotting opportunities and identify key tasks of business owners (in the case of specific company); Point out features and characteristics of entrepreneurs and describe key factors of entrepreneurial process; Talk about the nature of business opportunities, sources of business ideas, methods for spotting opportunities and of making business decisions (independently or in groups, using the example of a concrete company); Explain the innovation as business determinant, describe the process of the innovation and point out types of innovation; Analyze resources as determinants of entrepreneurship, describe the entrepreneurial infrastructure and types of crisis in company; 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 in the case of specific company; |
| Lecturer / Teaching assistant | Boban Melović, Associate Professor |
| Methodology | Lectures, exercises, tests, seminars, guest speakers. |
| Plan and program of work | |
| Preparing week | Preparation and registration of the semester |
| I week lectures | Introduction and anatomy of entrepreneurship |
| I week exercises | Introduction and anatomy of entrepreneurship |
| II week lectures | Theories of entrepreneurship |
| II week exercises | Theories of entrepreneurship |
| III week lectures | Entrepreneurial mindset and nature of entrepreneurship |
| III week exercises | Entrepreneurial mindset and nature of entrepreneurship |
| IV week lectures | Profile of successful entrepreneurs / Entrepreneurs - Powerful Small Business |
| IV week exercises | Profile of successful entrepreneurs / Entrepreneurs - Powerful Small Business |
| V week lectures | Entrepreneurial process |
| V week exercises | Entrepreneurial process |
| VI week lectures | Steps to Entrepreneurship |
| VI week exercises | Steps to Entrepreneurship |
| VII week lectures | Nature of business opportunities |
| VII week exercises | Test |
| VIII week lectures | Resources in entrepreneurial |
| VIII week exercises | Resources in entrepreneurial |
| IX week lectures | Entrepreneurial business and entrepreneurial organizations |
| IX week exercises | Entrepreneurial business and entrepreneurial organizations |
| X week lectures | Crisis Services - Types, Causes and Consequences |
| X week exercises | Crisis Services - Types, Causes and Consequences |
| XI week lectures | The importance of the success of entrepreneurial ventures |
| XI week exercises | The importance of the success of entrepreneurial ventures |
| XII week lectures | Business plan as an entrepreneurial tool |
| XII week exercises | Business plan as an entrepreneurial tool |
| XIII week lectures | Initiating a new business |
| XIII week exercises | Initiating a new business |
| XIV week lectures | Financing business |
| XIV week exercises | Financing business |
| XV week lectures | Possible alternatives in creating business |
| XV week exercises | Test |
| 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 | Homework, tests, presentations |
| Consultations | After hours of lectures and during official terms for consultations published on the website of the Faculty. |
| Literature | Elementary: Boban Melović PhD, Entrepreneurship and Business, chrestomathy, Faculty of Economics, Podgorica, 2014; Material from the classes - selected parts of the latest literature in the field of entrepreneurship and business; Supplementary: Dragan |
| Examination methods | Two tests with 30 points; Essays 10 points; Business plan 10 points; Final Exam 20 points. |
| Special remarks | |
| Comment | Additional information may be obtained from professor. |
| 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 - Bijelo Polje / STRATEGIC MANAGEMENT
| Course: | STRATEGIC MANAGEMENT/ |
| Course ID | Course status | Semester | ECTS credits | Lessons (Lessons+Exercises+Laboratory) |
| 5111 | Obavezan | 3 | 6 | 2+2+0 |
| Programs | MANAGEMENT - Bijelo Polje |
| 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 - Bijelo Polje / ACCOUNTING
| Course: | ACCOUNTING/ |
| Course ID | Course status | Semester | ECTS credits | Lessons (Lessons+Exercises+Laboratory) |
| 11 | Obavezan | 3 | 7 | 2+3+0 |
| Programs | MANAGEMENT - Bijelo Polje |
| Prerequisites | No prerequisities, but it is desirable that student has passed exams on Economics of enterprises and Business Law |
| Aims | To review basic accounting and double-entry bookkeeping system and to introduce students with the main communication business language – accounting. The aim is to teach students the accounting technique of recording business transactions and preparing financial statements according to IAS and IFRS |
| Learning outcomes | |
| Lecturer / Teaching assistant | Ana Lalevic Filipovic, PhD, professor Tanja Lakovic, MSc, teaching assistant Selma Demirovic, MSc, teaching assistant |
| Methodology | Lectures, practical exercises, attendance and activities |
| Plan and program of work | |
| Preparing week | Preparation and registration of the semester |
| I week lectures | Development, structure, classification and modern concept of accounting |
| I week exercises | Development, structure, classification and modern concept of accounting |
| II week lectures | Instruments of accounting; opening of business books (accounts) for newly established and existing companies |
| II week exercises | Instruments of accounting; opening of business books (accounts) for newly established and existing companies |
| III week lectures | Accounting principles and regulations; Accounting aspect of value added tax |
| III week exercises | Accounting principles and regulations; Accounting aspect of value added tax |
| IV week lectures | Accounting aspect of fixed assets |
| IV week exercises | Accounting aspect of fixed assets |
| V week lectures | Accounting aspect of equity (own equity and liabilities) |
| V week exercises | Accounting aspect of equity (own equity and liabilities) |
| VI week lectures | Accounting aspect of material (purchases) |
| VI week exercises | Accounting aspect of material (purchases) |
| VII week lectures | Free week |
| VII week exercises | Free week |
| VIII week lectures | Accounting aspect of goods (purchases) |
| VIII week exercises | Accounting aspect of goods (purchases) |
| IX week lectures | Midterm exam 1 |
| IX week exercises | Midterm exam 1 |
| X week lectures | Accounting aspect of primary costs and expenses in financial accounting (concept, classifications, diference between costs, expenses and cash flow), Accounting aspect of operating expenses; Costs of material |
| X week exercises | Accounting aspect of primary costs and expenses in financial accounting (concept, classifications, diference between costs, expenses and cash flow), Accounting aspect of operating expenses; Costs of material |
| XI week lectures | Costs of goods sold, Salary costs, Depreciation |
| XI week exercises | Costs of goods sold, Salary costs, Depreciation |
| XII week lectures | Other operating costs, Prepayments and accrued income; Accruals and deffered income |
| XII week exercises | Other operating costs, Prepayments and accrued income; Accruals and deffered income |
| XIII week lectures | Accounting aspect of revenues (concept, classifications, bookkeeping) |
| XIII week exercises | Accounting aspect of revenues (concept, classifications, bookkeeping) |
| XIV week lectures | Accounting of the periodic financial result |
| XIV week exercises | Accounting of the periodic financial result |
| XV week lectures | Other business transactions and preparation for financial reporting (off balance-sheet positions, closing entries, mistakes in bookkeeping) |
| XV week exercises | Other business transactions and preparation for financial reporting (off balance-sheet positions, closing entries, mistakes in bookkeeping) |
| Student workload | per week 7 ECTS x 40/30 = 9,34 hours Structure: Lectures: 2 classes Exercises: 3 classes Individual student work: 4,34 hours per semester Total hours for course: 7 ECTS x 30 = 210 hours Structure: Teaching and final exam: 16 weeks x 9,34 h= 149,44 h Preparation before the start of semester: 2 weeks x 9,34 hours = 18,68 hours Additional work to prepare and take an exam in additional term: 41,88 hours |
| Per week | Per semester |
| 7 credits x 40/30=9 hours and 20 minuts
2 sat(a) theoretical classes 0 sat(a) practical classes 3 excercises 4 hour(s) i 20 minuts of independent work, including consultations |
Classes and final exam:
9 hour(s) i 20 minuts x 16 =149 hour(s) i 20 minuts Necessary preparation before the beginning of the semester (administration, registration, certification): 9 hour(s) i 20 minuts x 2 =18 hour(s) i 40 minuts Total workload for the subject: 7 x 30=210 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) 42 hour(s) i 0 minuts Workload structure: 149 hour(s) i 20 minuts (cources), 18 hour(s) i 40 minuts (preparation), 42 hour(s) i 0 minuts (additional work) |
| Student obligations | Students are required to attend classes, to take a part during classes and to take exams. |
| Consultations | After classes: savana@t-com.me, selmad@ac.me, tanjalakovic.me@gmail.com |
| Literature | Textbooks and other reading materials: • Malinic Slobodan, Lalevic Filipovic Ana: Racunovodstvo, Faculty fo Economics, Podgorica, 2009 • Lakovic Tanja: Zbirka zadataka iz racunovodstva, Faculty of Economics, Podgorica, 2009 Additional literature: • Sidney |
| Examination methods | • Two tests with a maximum 30 points (Test is contained of exercises and theoretical questions. Exercises take a maximum 20 points and theoretical part a maximum 10 points.Student needs to achieve a minimum 15 points to pass a test (within minimum 15 poin |
| 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 - Bijelo Polje / ORGANIZATIONAL BEHAVIOUR
| Course: | ORGANIZATIONAL BEHAVIOUR/ |
| Course ID | Course status | Semester | ECTS credits | Lessons (Lessons+Exercises+Laboratory) |
| 2873 | Obavezan | 4 | 6 | 2+2+0 |
| Programs | MANAGEMENT - Bijelo Polje |
| 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 - Bijelo Polje / BUSINESS DECISION MAKING
| Course: | BUSINESS DECISION MAKING/ |
| Course ID | Course status | Semester | ECTS credits | Lessons (Lessons+Exercises+Laboratory) |
| 2874 | Obavezan | 4 | 6 | 2+2+0 |
| Programs | MANAGEMENT - Bijelo Polje |
| Prerequisites | None |
| Aims | The course will introduce students to methods and techniques for making optimal decisions. |
| Learning outcomes | |
| Lecturer / Teaching assistant | Assistant 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 |
| 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 | Available information at website and notice board. |
| Literature | 1. Pavličić D., »Teorija odlučivanja«, Ekonomski fakultet, Beograd 2. Sikavica P., »Poslovno odlučivanje«, Informator, Zagreb 3. Čupić, Tummala »Savremeno odlučivanje-metoda i primena«, Naučna knjiga, Beograd |
| 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 - Bijelo Polje / BUSINESS FINANCES
| Course: | BUSINESS FINANCES/ |
| Course ID | Course status | Semester | ECTS credits | Lessons (Lessons+Exercises+Laboratory) |
| 2875 | Obavezan | 4 | 6 | 2+2+0 |
| Programs | MANAGEMENT - Bijelo Polje |
| 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. |
| Lecturer / Teaching assistant | Saša Popović, Ph.D., Ana Mugoša, M.Sc. |
| 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 | Preparation for midterm exam |
| VIII week lectures | Midterm exam |
| VIII week exercises | Analysis of break-even point: practical examples |
| IX week lectures | Specific types of financing. |
| IX week exercises | Forecasting Balance Sheet |
| X week lectures | Financial planning – balance sheet and income state forecast. |
| X week exercises | Forecasting Balance Sheet in Excel |
| XI week lectures | Operating and financial risk and leverage. Indifference point. |
| XI week exercises | Forecasting Income Statement |
| XII week lectures | Cash flow plan, Asset allocation plan, Working capital flow. |
| XII week exercises | Quantitative analysis of leverage ratios |
| XIII week lectures | Definition and quantification of long-term investment. Price and effects of long-term investment funding. |
| XIII week exercises | Long-term investment project evaluation - practical examples |
| 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 | Evaluation of investment project liquidity |
| XV week exercises | Endterm exam |
| 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 |
| 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 | Compulsory attendance to lectures and exercises. |
| Consultations | in scheduled terms |
| Literature | Van Horne, J. C. i Wachowicz, J. M.: „Osnove finansijskog memanžmenta“, Data Status, Beograd, 2006. Rodić, J. i Filipović, M.: „Poslovne finansije“, Asimex, Beograd, 2006 |
| Examination methods | Lecture activities 2 points Written exam I part po 25 points Written exam II part 25 points Final exam 48 points |
| Special remarks | Lectures and exercises can be held in English. |
| Comment | Additional information on website: www.finansije.net |
| 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 - Bijelo Polje / BUSINESS ANALYSIS
| Course: | BUSINESS ANALYSIS/ |
| Course ID | Course status | Semester | ECTS credits | Lessons (Lessons+Exercises+Laboratory) |
| 2876 | Obavezan | 4 | 6 | 2+2+0 |
| Programs | MANAGEMENT - Bijelo Polje |
| 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 - Bijelo Polje / 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 - Bijelo Polje |
| 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 - Bijelo Polje / INVESTMENT MANAGEMENT
| Course: | INVESTMENT MANAGEMENT/ |
| Course ID | Course status | Semester | ECTS credits | Lessons (Lessons+Exercises+Laboratory) |
| 2914 | Obavezan | 5 | 6 | 2+2+0 |
| Programs | MANAGEMENT - Bijelo Polje |
| 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 - Bijelo Polje / 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 - Bijelo Polje |
| 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 - Bijelo Polje / ELECTRONIC BUSINESS
| Course: | ELECTRONIC BUSINESS/ |
| Course ID | Course status | Semester | ECTS credits | Lessons (Lessons+Exercises+Laboratory) |
| 2907 | Obavezan | 6 | 6 | 2+2+0 |
| Programs | MANAGEMENT - Bijelo Polje |
| Prerequisites | No |
| Aims | The main objective of this course is to help students to understand standard topics of Electronic Business |
| 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 | Associate professor Biljana Rondović , PhD Dijana Kovačević, MsC Zorana Popović, MsC Tamara Đuričković, MsC Vladimir Vulić |
| Methodology | lectures, exercises, seminars, tests, consultations, debate on exercises and during presentations on selected seminars in certain scientific areas |
| Plan and program of work | |
| Preparing week | Preparation and registration of the semester |
| I week lectures | Electronic Business-Definition and Concepts |
| I week exercises | Internet and Web Technology |
| II week lectures | Electronic Business Strategy |
| II week exercises | Electronic Business Strategy |
| III week lectures | E-Business Models |
| III week exercises | E-Business Models |
| IV week lectures | Electronic Commerce-Concepts |
| IV week exercises | Electronic Commerce-Concepts |
| V week lectures | Electronic marketing |
| V week exercises | CRM |
| VI week lectures | Electronic marketing |
| VI week exercises | CRM |
| VII week lectures | Preparation for the test |
| VII week exercises | Preparation for the test |
| VIII week lectures | Test |
| VIII week exercises | Electronic Payment Systems |
| IX week lectures | Electronic banking |
| IX week exercises | Electronic Payment Systems |
| X week lectures | Electronic Payment Systems |
| X week exercises | Electronic Payment Systems |
| XI week lectures | E-business infrastructures |
| XI week exercises | Development Internet presentation |
| XII week lectures | E-business Security |
| XII week exercises | Development Internet presentation |
| XIII week lectures | E-business Security strategy |
| XIII week exercises | Case Stady |
| XIV week lectures | E-business and regulatory issues |
| XIV week exercises | Case Stady |
| XV week lectures | Test |
| XV week exercises | Case Stady |
| Student workload | per week 6credits x 40/30 = 8 hours Structure: 2 hours for lectures 2 hours for exercises 4 hours individual work with 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 recommend to attend classes and do assignments and tests. |
| Consultations | |
| Literature | .Elektronsko poslovanje, Biljana Rondović, Saša Vujošević, Podgorica, 2014. 2. S.Huff, M.Wade, S.Schneberger "Cases in electronic commerce", Mc Graw-Hill Irwin,2002. |
| Examination methods | I test .....................................30% of the grade II test................................. 30 % of the grade Final exam........................... 30% of the grade Case Stady...........................10% |
| 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 |
