The goals of the MBE study program are:
- Basic competences and knowledge in the field of study and research;
- Apply their knowledge and understanding in a way that shows a professional approach to work, and possess competencies that are usually demonstrated through drafting and supporting arguments, critical thinking and solving problems within the field of Management, Business, and Economics;
- To collect and interpret relevant data in the field of business and economy, as well as the communication of these data with interest groups;
- To have a professional level in approaching problems for the specific field of study.
By successful completion of the Bachelor’s degree in Management, Business and Economics students will be able to:
Knowledge
- PLO1 – Understand and evaluate advanced knowledge and principles in business management, economics, and finance, with a critical understanding of international and local economic and business dynamics;
- PLO2 – Understanding principles of human resources, organizational behavior, and leadership to foster a conducive work environment;
- PLO3 – Interpret the financial position of businesses, investment opportunities, financial institutions, and capital markets;
- PLO4 – Recognize the procedures to manage risks during business activities within the company.
Skills
- PLO5 – Demonstrate proficiency in using advanced IT tools and management information systems to drive business innovation and productivity;
- PLO6 – Applying advanced statistical methods, research methodologies, and academic writing skills to contribute to the field of business and management;
- PLO7 – Implement advanced accounting, auditing, and taxation practices, understanding their implications in a globalized economy and ensuring compliance with international accounting standards.
Competences
- PLO8 – Solve complex and unforeseen challenges in strategic and operational management using innovative approaches, ensuring efficient and effective business processes;
- PLO9 – Manage in areas of entrepreneurship, marketing, and sales, interpreting consumer behavior and market trends to drive business growth in a local and international environment.
The first two years are designed to provide and equip students with general skills and competencies whereas in the third year students choose their orientation, where the list of courses are designed to achieve the objectives that will enable students to have a suitable job in accordance with their study areas.
Learning Outcomes for Management, Entrepreneurship and Innovation orientation
Upon successful completion of this orientation, students will be able to:
Knowledge
- Understand the process of new business creation, including legal, financial, and operational aspects;
- Describe strategic management concepts to formulate and implement organizational strategies;
- Advanced knowledge and understanding of the techniques and methods for performing the analysis of the internal and external environment of the organization.
Skills
- Identify and apply appropriate strategies that are used to increase business performance using data-driven decision-making;
- Usage of innovation as an opportunity for business development;
- Demonstrate knowledge in business planning with a focus on sustainability and adaptability.
Competences
- Assess the role of entrepreneurial activity and innovation in the success of new enterprises;
- Integrate multidisciplinary approaches to solve complex business challenges and adapt to changing environments, in line with global and regional needs.
Learning Outcomes for Marketing and Sales orientation
Upon successful completion of this orientation, the students will be able to:
Knowledge
- Know and explain the elements of the marketing mix such as product, price, distribution, and promotion and their importance in business;
- Understand marketing’s role in sales and marketing strategies.
Skills
- Identify and interpret the role of marketing research in business decision-making;
- Demonstrate advanced knowledge of the negotiation process, closing methods, and sales management, including time management.
Competences
- Analyze the factors that affect seller performance and develop strategies for recruitment and selection of vendors;
- Evaluate internal and external sales processes with a focus on customer relationship management and performance optimization.
Learning Outcomes for Accounting, Auditing and Taxation orientation
Upon successful completion of the orientation Accounting, Auditing and Taxation, students will be able to:
Knowledge
- Explain the purpose of accounting and its role;
- Understand and explain theoretical and practical advanced knowledge related to tax accounting;
- Have basic knowledge on fiscal policies, types and calculation of taxes, tax filing with form and application of software;
- Understanding the role and importance of auditing.
Skills
- Interpret methods regarding tax accounting, transfer of tax accounts in the financial statements, and financial reporting for different types of businesses;
- Identify the techniques, types, and principles of auditing to expand the knowledge of auditing financial statements and cases of fraud.
Competences
- Apply advanced tax accounting knowledge to ensure accurate financial reporting and compliance with relevant regulations;
- Conduct audits effectively by utilizing auditing techniques and understanding the implications of fraud on financial statements.
Learning Outcomes for Finance, Banking and Insurance orientation
Upon successful completion of the orientation Finance, Banking and Insurance, students will be able to:
Knowledge
- Understand the process of reporting business financial statements according to international accounting principles and standards;
- Possess advanced knowledge about financial markets and the insurance market;
- Know the funding sources of financial institutions and insurance;
- Explain the financing of corporations with securities and other financial instruments.
Skills
- Acquire and demonstrate analytical and problem-solving skills within the money, banking, and financial market disciplines;
- Be able to demonstrate their skills by developing short-term operational strategies and long-term investment and financial strategies;
- Be able to understand the process of financial risks and use the techniques and methods of protection from them.
Competences
- Competence to analyze financial statements and market trends to make decisions;
- Competence to identify and potential financial risks and apply basic strategies to mitigate them.
Learning Outcomes for International Business orientation
Upon successful completion of the International Business orientation, the students will be able to:
Knowledge
- Gain proficiency in international finance, including foreign exchange markets, international financial management, and risk assessment;
- Be knowledgeable about international business laws, regulations, and compliance requirements, and how they affect global business operations;
- Understand the importance of ethical behavior and sustainability in international business, and will be able to apply these principles in real-world scenarios.
Skills
- Develop effective communication skills to interact and negotiate with diverse cultures, understanding the impact of cultural differences on business practices;
- Be able to analyze and interpret global market trends, economic indicators, and international trade policies to make informed business decisions.
Competences
- Formulate and implement strategic business plans that consider global competition, market entry strategies, and international expansion;
- Be equipped to identify and exploit international business opportunities, fostering innovation and entrepreneurial ventures in a global context.