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    FIRST YEARDEPARTMENT OF ECONOMICS AND MANAGEMENT

    Course code: EAM101 Course name: Basics of Economics

    Level: First cycle of studies Year: I Semester: I ECTS credits: 5

    Status: Common required Number of hours per week: 3 + 2 Total number of hours: 751. Aim of the subject Interpretation of basic instruments of economic analysis, basics of microeconomics, basics

    of macroeconomics, basics of international economics and economic development.

    1.2. Basic thematic units 1. Subject and method of economic science; economic theory and economic policy2. Market, market structures and basic concepts of economic decision making3. Basics of supply and demand; elasticity of supply and demand4. Consumer behaviour and consumer choice5. Production, expenses and business result6. Market of factors of production7. Company, entrepreneurship, inovations and economic growth8. Market imperfections and state economic functions; public choice and fiscal policy9. Money, money and capital markets, and monetary policy10. International exchange, trading policy, balance of payment and foreign currency policy11. Circulation of production and income; production and income measuring12. Basic instruments of macroeconomic management interactions of monetary, fiscal

    and foreign-currency policies13. Economic disturbances and cyclical fluctations14. Economic growth and development15. Globalization, liberalization and economic integration

    1.3. Study results After passing the exam, the students are able to interpret the data on economic aggregates,production, expenses, supply and demand, the influence of supply and demand elasticity onfinancial result of the company, the influence of decisions on changes in budget expenseson national product and gross domestic product, the influence of changes in money offers oninterest rates and investment activity, as well as the influence of interactions of measures oftrading, fiscal, and monetary policies on cyclical fluctations, economic growth anddevelopment.

    2. TEACHING MANAGEMENTActivity description (%)

    2.1. Teaching performance 1. Ex cathedra2. Discussions

    1. 90%2. 10%

    Participation in the assessment (%)

    2.2. Student assessment system 1. Knowledge check2. Quiz3. Final knowledge check

    1. November/ December 2 x40%2. 2 x 5%3. 10%

    3. PRIMARY SOURCES 1. auevi, F. Osnove ekonomije, Ekonomski fakultet Sarajevo, 2010.2. Vilogorac,E. Uvod u ekonomiju, Ekonomski fakultet Sarajevo, 2001.

    3a. Textbook in English 1.Economics / Begg David, Stanley Fischer, Rudiger Dornubuch, McGraw-Hill, Berkshire9th Edition, 2008

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    Course code: EAM102 Course name: BUSINESS ECONOMICS

    Level: First cycle of studies Year: I Semestar: I ECTS credits: 5

    Status: Common required Number of hours per week: 3 + 2 Total number of hours: 75

    1. AIM OF THE COURSE Business economics is an economic science that deals with running a business in moderncompanies, the efficacity of running a business, i.e. the efficiency and effectiveness in making a

    profit. The aim of the subject is to make the students acquainted with economic categories, getthe necessary knowledge about business process, to think economically in order to make theoptimal relation between investment and results.

    1.1. Basic thematic units 1. Business economics as a scientific discipline2. Economic system of the company, business system3. Principles of business economics, factors-potentials4. Theoretic aspects of production; production and expenses5. Engagement and circulation of values in reproduction6. Company resources, personnel, sources, economic resources7. Expenses, their classification and modern approach8. Expenses in the function of establishing and using the capacities9. Expense behaviour and zones of capacity using10. Break-even-point

    11. Methodology of expense settlement, calculations12. Results of reproduction, profit and loss, business risk13. Economic principles of doing business

    1.2. Study results - to understand the process and principles of running a business- to understand the process of resourse engagement- to identify expenses and make the calculation- to monitor the success of company business, etc.

    2. TEACHING MANAGEMENT

    Activity description (%)

    2.1. Teaching performance 1. ex cathedra2. discussions3. student presentations4. case study

    1. 60%2. 20%3. 10%4. 10%

    Participation in the assessment (%)2.2.Student assessment system 1. test during a semester (8th week)

    2. final test (16th week)3. activity during lectures4. activity during practical hours5. case study

    1. 40%2. 40%3. 5%4. 5%5. 10%

    3. PRIMARY SOURCES 1. unji-Beus, M. et al (2009): Ekonomika preduzea, elektronsko izdanje, Ekonomskifakultet u Sarajevu, Sarajevo

    2. unji-Beus, M. et al (2007): Ekonomika preduzea - prirunik, elektronsko izdanje,Ekonomski fakultet u Sarajevu, Sarajevo

    3. unji-Beus, M. et al (1998): Ekonomika preduzea - praktikum, II izdanje, Svjetlost,Sarajevo

    3.1. Secondary sources 1. Martinovi, D. (2009): Taka pokria kao instrument poslovnog odluivanja, doktorskadisertacija, Ekonomski fakultet u Sarajevu

    2. Thompson, A.: Economics of the Firm, theory and practice, fifth Edition, New Jersey3. Samuelson, P. A., Nordhaus, W.D. (2007): Economics, XVIII izdanje, Mate, Zagreb4. Samuelson, P.A. (2000): Ekonomska itanka, Nakladni zavod, Zagreb

    3a. Textbook in English 1.Business Economics - Theory and Application / Neil Harris, Butterworth-Heinemann,Oxford, 2001.

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    Course code: EAM103 Course name: MATHEMATICS FOR ECONOMISTS

    Level: First cycle of studies Year: I Semestar: I ECTS credits: 6

    Status: Common required Number of hours per week: 6 Total number of hours:90

    1. AIM OF THE COURSE The aim of the subject is to introduce students with basic mathematical concepts necessary

    for understanding basic microeconomic and macroeconomic models. After they have passedthe course test, the students should be able to make statistical analysis of simpler models(using linear algebra), as well as dynamic analysis of models that contain one or two variables(with the help of differential and integral equations). The course should help students toimprove their analytic skills, and to acquire certain systematism when facing problems.

    1.1. Basic thematic units 1. Matrices and operations with matrices. Determinant of a matrix. Inverse matrix. Matrixequations.

    2. Linear dependence an independence of n-dimensional vectors. The rank of a matrix.3. Systems of linear equations. Equilibrium as a solution of systems of equations.

    Homogeneous and nonhomogeneous systems of equations.4. Methods for solving systems of equations.5. The concept of function of single real variable. Features of the function: monotony,

    continuity, inverse function. Elementary functions.

    6. The concept of inference function and dynamic analysis. Local extreme of the functionof single variable. Elasticity coefficient.

    7. Asymptotes and drilling of graphics of function of a single real variable. Convexity andconcavity. Relation with indifference curve.

    8. Differential calculus of functions of two and more variables. The concept of partialinference and its meaning in economics. Dynamic analysis of the process with twovariables (for example, production).

    9. Extreme of the function with two and three variables. Conditional extreme of function oftwo variables and applications. (for example, Cobb-Douglas's production function).

    10. Indefinite integral. Basic integration methods.11. Definite integral. Relation between definite and indefinite integrals. Application on

    processes in continuous time.12. The concept of differential equation. Dynamics of economic processes and definition of

    the appropriate equation for the presupposed dynamics. Examples of models ofeconomic growth.

    13. Basic types of differential equations of the first order.1.2. Study results After passing the exam, students should master basics of linear algebra, differential and

    integral calculus that are necessary for application in economics, as well as for understandingdifferent economic models.

    2. TEACHING MANAGEMENT

    Activity description (%)

    2.1. Teaching performance 1. ex cathedra2. practical hours3. discussions

    60 %30 %10 %

    Participation in the assessment (%)

    2.2. Student assessment system 1. I partial2. II partial3. Seminar paper

    45 %45 %10 %

    3. PRIMARY SOURCES 1. B. Lui, Lj. Peji, Zbirka zadataka iz matematike za ekonomiste I, Ekonomski fakultetSarajevo, 2005

    2. L. Smajlovi, A. Fako, Zbirka zadataka iz matematike za ekonomiste II, Ekonomskifakultet Sarajevo, 2005

    3. A. C. Chiang, Fundamental methods of mathematical economics, 3rd ed., Mc Graw Hill/Irwin, 1984

    3a. Textbook in English 1. Fundamental Methods of Mathematical Economics/Alpha C. Chianga, Kevin Wainwright,McGraw Hill, 4th edition, 2005.

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    Course code: EAM104 Course name: BUSINESS INFORMATICS

    Level: First cycle of studies Year: I Semestar: I ECTS credits: 5

    Status: Common required Number of hours per week: 5 Total number of hours:75

    1. AIM OF THE COURSE Acquiring basics of information technologies and their role in doing business.

    1.1. Basic thematic units 1. Basic terms and concepts2. Basics of theory of systems and information3. Types of information systems and elements of hardware4. System software5. Application software6. Data organization and database registration7. Text processing and presentation program (Word, PP)8. Spreadsheet tools (Excel)9. Desktop DBMS (Access)10. Application software for modern business11. Communication technology and computer networks12. Information systems: basics and role in doing business13. Elements of creating business information systems14. Basic problems in IT application

    1.2. Study results After passing the exam, students will master the following set of knowledge and skills:a) Knowledge:

    Basic aspects of theory of systems and systematic approach, features of moderncomputer configurations and operating systems; application software in businesscomputing; basics of application development; basics of computer networks; basics ofbusiness information system development.

    b) Skills:Working with modern desktop and server operating systems, using Office applications inmodern ways of running a business: text processing, spreadsheet, making presentations,desktop database, creating web sites; using communication and network softwares.

    2. TEACHING MANAGEMENT

    Activity description (%)

    2.1. Teaching performance 1. ex cathedra2. presentations3. guest lecturer4. laboratory practical hours

    40 %10 %10 %40 %

    Participation in the assessment (%)

    2.2. Student assessment system 1. Test (partial)8th week2. Practical hours mark3. Presentation4. Final exam (overall teaching material, 16th week)

    20 %25 %10 %45 %

    3. PRIMARY SOURCES 1. Bajgori, N., Menadment informacijskih tehnologija, poglavlja 1-6, Ekonomskifakultet u Sarajevu, 2007.

    2. Lagumdija, Z., Informatika za korisnike presonalnih kompjutera, Trilogija: Knjiga,Prirunik i interaktivni CD ROM, L Promotions, 1999.

    3.

    Grupa autora, "Uvod u praktino koritenje personalnih kompjutera" i "MicrosoftOffice aplikacije u poslovanju", Ekonomski fakultet u Sarajevu, 2004.4. Turban, Rainer, Potter, Introduction to Information Technology, Wiley, 2005.5. Turban, Leidner, Mclean, Wetherbe, Information Technology for Management, Wiley,

    2007.

    3a. Textbook in English 1. Introduction to Information Systems: Enabling and Transforming Business/R. KellyRainer,Efraim Turban,Richard E. Potter,Casey G. Cegielski,3th edition, 2010

    2. Information Tehnology for Management: Transforming Organizations in the DigitalEconomy/E. Turban, L. Volonino, E. International Students Version, 7th Edition, 2010

    https://webmail.efsa.unsa.ba/owa/redir.aspx?C=4b08574164934d7499805a9125f1d4ec&URL=http%3a%2f%2feu.wiley.com%2fWileyCDA%2fSection%2fid-302479.html%3fquery%3dR.%2bKelly%2bRainerhttps://webmail.efsa.unsa.ba/owa/redir.aspx?C=4b08574164934d7499805a9125f1d4ec&URL=http%3a%2f%2feu.wiley.com%2fWileyCDA%2fSection%2fid-302479.html%3fquery%3dR.%2bKelly%2bRainerhttps://webmail.efsa.unsa.ba/owa/redir.aspx?C=4b08574164934d7499805a9125f1d4ec&URL=http%3a%2f%2feu.wiley.com%2fWileyCDA%2fSection%2fid-302479.html%3fquery%3dEfraim%2bTurbanhttps://webmail.efsa.unsa.ba/owa/redir.aspx?C=4b08574164934d7499805a9125f1d4ec&URL=http%3a%2f%2feu.wiley.com%2fWileyCDA%2fSection%2fid-302479.html%3fquery%3dRichard%2bE.%2bPotterhttps://webmail.efsa.unsa.ba/owa/redir.aspx?C=4b08574164934d7499805a9125f1d4ec&URL=http%3a%2f%2feu.wiley.com%2fWileyCDA%2fSection%2fid-302479.html%3fquery%3dCasey%2bG.%2bCegielskihttps://webmail.efsa.unsa.ba/owa/redir.aspx?C=4b08574164934d7499805a9125f1d4ec&URL=http%3a%2f%2feu.wiley.com%2fWileyCDA%2fSection%2fid-302479.html%3fquery%3dCasey%2bG.%2bCegielskihttps://webmail.efsa.unsa.ba/owa/redir.aspx?C=4b08574164934d7499805a9125f1d4ec&URL=http%3a%2f%2feu.wiley.com%2fWileyCDA%2fSection%2fid-302479.html%3fquery%3dRichard%2bE.%2bPotterhttps://webmail.efsa.unsa.ba/owa/redir.aspx?C=4b08574164934d7499805a9125f1d4ec&URL=http%3a%2f%2feu.wiley.com%2fWileyCDA%2fSection%2fid-302479.html%3fquery%3dEfraim%2bTurbanhttps://webmail.efsa.unsa.ba/owa/redir.aspx?C=4b08574164934d7499805a9125f1d4ec&URL=http%3a%2f%2feu.wiley.com%2fWileyCDA%2fSection%2fid-302479.html%3fquery%3dR.%2bKelly%2bRainerhttps://webmail.efsa.unsa.ba/owa/redir.aspx?C=4b08574164934d7499805a9125f1d4ec&URL=http%3a%2f%2feu.wiley.com%2fWileyCDA%2fSection%2fid-302479.html%3fquery%3dR.%2bKelly%2bRainer
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    Course code: EAM105 Course name: BUSINESS LAW

    Level: First cycle of studies Year: I Semestar: I ECTS credits: 5

    Status: Common required Number of hours per week: 5 Total number of hours: 75

    1. AIM OF THE COURSE Studying the basics of business law includes knowledge of: basic obligatory law, companylaw, bankruptcy law, business law contracts, securities and competition law. The aim of

    studying this subject is to introduce future economists with basic priciples of law which thewwill encounter in their future work. This is a consequence of the fact that, no matter theprivate sector in which they work, economists encounter a number of legal institutes andinstruments. This is why the discipline of law that we call business law has becomeunavoidable in education of economists to become

    1.1. Basic thematic units 1. Basic terms about state and law2. Obligatory law3. Company law4. Bankruptcy and regular settlement5. Contracts of sale6. Representation agreement7. Service contracts8. Other contracts of business law (construction contract, licence contract, insurance

    contract)9. Securities10. Competition law

    2. TEACHING MANAGEMENT

    Activity description (%)

    2.1. Teaching performance 1. ex cathedra2. discussions3. case studies4. guest lecturers

    1. 40%2. 20%3. 35%4. 5%

    Participation in the assessment (%)

    2.2. Student assessment system 1. case study/essay2. team work, activity, presentation, quiz3. test (partial)

    4. test (final)

    1. 20 %2. 10 %3 40%

    4. 30%3. PRIMARY SOURCES 1. Applied Business Law, Veljko Trivun, Vedad Silajdi, Fatima Mahmutehaji, Mia

    Mrgud, School of Economics and Business, 2009.2. Poslovno pravo osnovi prava i obligacija, privredna/trgovaka drutva, Prof. dr Mili

    Simi i prof. dr Milo Trifkovi, Ekonomski fakultet Univerziteta u Sarajevu, 1999. god.;3. Poslovno pravo - ugovori, hartije od vrijednosti i pravo konkurencije, Prof. dr Milo

    Trifkovi, prof. dr Mili Simi i doc. dr Veljko Trivun, Ekonomski fakultet u Sarajevu,2004.god.;

    4. Praktikum poslovnog prava, doc. dr Veljko Trivun, asistent Vedad Silajdi, asistentFatima Mahmutehaji i v. Asistent mr Zinka Grbo, II izmjenjeno i dopunjeno izdanje,Ekonomski fakultet u Sarajevu, 2003. god.

    3a. Textbook in English 1. Applied Business Law/Trivun, V., S ilajdi S., Mahmutehaji F., Mrgud M., Ekonomskifakultet Sarajevo, 2009.

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    Course code: EAM106 Course name: MACROECONOMICS

    Level: First cycle of studies Year: I Semestar: II ECTS credits: 5

    Status: common subject Number of hours per week: 5 Total number of hours: 75

    1. AIM OF THE COURSE The aim of the course is to get students acquainted with the way of functioning of a singlenational economy, the instruments that economic policymakers have at their disposal when

    making economic decisions, as well as the effects of economic relations with the rest of theworld.

    1.1. Basic thematic units 1. Basics of macroeconomicsterms and aims- National account system- Instruments of macroeconomic policy

    2. Macroeconomic analysis- Macroeconomics of short term fluctations- Macroeconomics of medium term fluctations- Macroeconomics of long term fluctations

    3. Macroeconomics of open economy- Trade and specialization- Balance of payments and exchange rate- Architecture of the world trade and financial system- Economic competition and economic growth

    4. Advanced macroeconomicsMacroeconomics of European Union

    1.2. Study results Students master basic macroeconomic terms, differentiate determinants of nationaleconomy functioning in short, medium and long terms and understand principles ofinternational presence of national economies on the world economic scene.

    2. TEACHING MANAGEMENT

    Activity description (%)

    2.1. Teaching performance 1. ex cathedra2. guest lecturers 1. 80 %2. 20 %

    Participation in the assessment (%)

    2.2. Student assessment system 1. partial2. final exam 1. Test 1 = 50 %2. Test 2 = 50 %

    3. PRIMARY SOURCES 1. P. A. Samuelson, W. Nordhaus: ''Ekonomija'', 18. izdanje), Mate, Zagreb, 2007. godine2. A. Hadiahmetovi, ''Makroekonomija'', Ekonomski fakultet u Sarajevu, 2009. godine

    3a. Textbook in English 1. Economics, Samuelson, P.A. and Nordhaus, W.D. New York: McGraw-Hill, Inc 2009,19th edition

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    Course code:EAM107 Course name: MICROECONOMICS

    Level: Undergraduate studies Year: I Semestar: II ECTS credits: 5

    Status: required subject Number of hours per week: 5 Total number of hours: 75

    1. AIM OF THE COURSE Introducing basic goal functions and the way in which main participants of market economy consumers, manufacturers and state agencies make their decisions and implement them on

    the market. With clear distinction of single market conditions complete competition, oligopoly,monopolistic competition and monopoly the student gets an insight in the way in which acompany realizes maximum profit in different conditions of doing business. Special emphasis isput on modern theories that explain strategic interaction of the participants, primary, differentmodels of cooperative and uncooperative behaviour of the company on the market with limitedcometition. The aim is to explain both the way and the methods that are employed by the state inregulating natural monopolies, and the role of the state in realizing the measures of enviromentalprotection through the analysis of external effects on different market structures. The aim is toget the students acquainted with types of economic efficiency and the possibility of stating themas static or dynamic efficiencies on the levels of a company, a branch or society as a whole.

    1.1. Basic thematic units 1. Theories of consumer choice and their practical use2. Theory of productionproduction function3. Optimization of expenses in short terms and long terms4. Profit maximization on the market of complete competition and practical use of

    competitive model5. Monopolyprofit maximization and price discrimination6. Oligopolyclassic models and game theory7. Monopolistic competition8. Production factor market9. External effectsmarket conditions analysis10. State regulation of natural monopoly11. Asimetric information12. Economic efficiencytypes and analysis according to market structures

    1.2. Study results After completing the lectures, students will be able to:- show deeper understanding of the relation between basic microeconomic principles

    and business result of the company;

    - employ economic tools and techniques when analyzing market structures;- understand state regulation and its influence on a company's business;

    2. TEACHING MANAGEMENT

    Activity description (%)

    2.1. Teaching performance 1. ex cathedra2. discussions3. seminars and presentations4. guest lecturers

    1. 60 %2. 15 %3. 15 %4. 10 %

    Participation in the assessment (%)

    2.2. Student assessment system 1. test (Midterm)2. test (Final)3. Case study

    1. 45%2. 45 %3. 10 %

    3. PRIMARY SOURCES Tati Kasim: Mikroekonomija, Ekonomski fakultet Sarajevo, 2005Tati Kasim: Trine strukture i ekonomska efikasnost,Ekonomski fakultet Sarajevo, 2003Avdi Armin: Vodi za vjebe iz mikroekonomije, Ekonomski fakultet Sarajevo, 2004Parkin Michael: Microeconomics- Ninth edition, Pearson, 2010Perloff M.Jeffrey: Microeconomics, Adisson Wesley Longman, 2004

    3a. Textbook in English Microeconomics: Global edition, Michael Parkin, 9th edition, Pearson Education, 2010.

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    Course code:EAM108 Course name: STATISTICS IN ECONOMICS AND MANAGEMENT

    Level: First cycle of studies Year: I Semestar: II ECTS credits: 5

    Status: Common required Number of hours per week: 5 Total number of hours: 75

    1. AIM OF THE COURSE Mastering basic statistical methods and models and their use in economics and management

    1.1. Basic thematic units 1. Statistics and statistical research2. Program support for statistical data and model analysis3. Empirical frequency distribution analysis4. Measures of central tendency and dispersion5. Measures of distribution and concentration shape6. Regressional and corelational analysis (simple linear regression, simple curvilinear

    regression, multiple regression, measures of model representation, least square method,variance analysis).

    7. Indexes and evolution measuring (absolute and relative changes, individual indexes,aggregate indexes)

    8. Time series (moving average method, trend models, additive and multiplicative methods)9. Probability and theoretic distributions of probability (definitions and probability types,

    continuous and discontinuous probability distributions)

    10. Basic sampling methods11. Defining confidence interval (arithmetic mean, variance and proportion)12. Hypotheses testing (arithmetic mean, variance, proportion, regression model parametars)

    1.2. Study results Upon passing the exam, the students will be able to employ statistical methods for data analysis,and to present and interpret results they had gained by using statistical methods and modelsthrough appropriate reports so that decision makers choose the best strategies on the basis ofthose reports. By employing probability theory and inferential statics, students will be able toinclude stochastic component which is always present in economic phenomena and processesin the analysis of the problem and to valuate population parameters on the basis of samplingmarks.

    2. TEACHING MANAGEMENT

    Activity description (%)

    2.1. Teaching performance 1. ex cathedra

    2. case studies with the use of software3. presentations4. discussions5. guest lecturers

    1. 60%

    2. 20%3. 10%4. 5%5. 5%

    Participation in the assessment (%)

    2.2. Student assessment system 1. on line quizes2. interpretation of a theme in the form of seminar paper3. test I4. test II (final exam)

    1. 10%2. 10%3. 40%4. 40%

    3. PRIMARY SOURCES 1. Somun-Kapetanovi, R., (2008), Statistika u ekonomiji i menadmentu, Ekonomski fakultet,Sarajevo.

    2. Resi E., (2006), Zbirka zadataka iz Statistike, Ekonomski fakultet, Sarajevo3. oi, I. (2004), Primijenjena statistika, kolska knjiga, Zagreb.4. oi, I., Serdar,V., (2002), Uvod u statistiku, kolska knjiga, Zagreb.5. Wonnacott, T.H., Wonnacott, R.J., (1990), Introductory Statistics for Business and

    Economics, 4/e, John Wiley & Sons, New York.6. Berenson, M.L., Levine, D.M., Krehbiel, T:C., (2004), Basic business statistics, 9/e,

    Pearson Education International, New Jersey.7. Curwin J. and Slater R., (2002), Quantitative Methods for Business Decisions, 5/e,

    Thomson Learning, London8. Levine D.M. and others, (2005), Statistics for Managers Using Microsoft Excel, Prentice

    Hall, New Jersey.

    3a. Textbook in English 1. Statistics in economics and management, Resi Emina, Delali Adela, Merima Balavac,Ademir Abdi, Ekonomski fakultet, 2010.

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    Course code: EAM109 Course name: BASICS OF MANAGEMENT

    Level: First cycle of studies Year: I Semestar: II ECTS credits: 5

    Status: required Number of hours per week: 5 Total number of hours: 75

    1. AIM OF THE COURSE Understanding management logics as a complete business process Introducing the content of basic managerial functions Mastering basic principles of management and creating the foundations for deeper

    studying of single managerial functions depending on the affinity of the students

    1.1. Basic thematic units 1. Introduction to Management Course2. Development of management theory3. Surrounding of the organization4. Creating vision and mission of the organization 5. Strategic management and planning6. Making decisions7. Organizingorganization structuring8. Human resource managementHRM9. Motivation10. Leadership11. Communication12. Control

    1.2. Study results 1. Adoption of management logics as a complete business process and solving simplemanagerial problems

    2. Ability to understand and manage basic organizational systems3. Active knowledge of basic managerial concepts that can be applied in every

    organization

    2. TEACHING MANAGEMENT

    Activity description (%)

    2.1. Teaching performance 1. ex cathedra2. presentations3. guest lecturers4. exercises

    40 %10 %10 %40%

    Participation in the assessment (%)

    2.2. Student assessment system 1. partial2. case study3. active paricipation in practical hours4. active participation in lectures5. final exam

    30 %10 %5 %5 %50 %

    3. PRIMARY SOURCES 1. ehi, D., Rahimi, Z. (2006): Menadment, Ekonomski fakultet u Sarajevu, Sarajevo 2. unje, A. (2002): Top menader, vizionar i strateg, Tirada 3. Muratovi, H., Softi, S. (2005): Izvodi iz predavanja i vjebi iz Menadmenta, Sarajevo 4. Dejms A. F. Stoner, R. Edvard Friman, Daniel R. Gilbert, Jr., Menadment-Drugi reprint

    izdanja iz 1997. godine, Beograd, 2002.5. Buble, M. (2006): Osnove menadmenta, Sinergija, Zagreb6. Griffin, W. R. (2003): Fundamentals of Management, Haughton Miffin Company Boston

    3a. Textbook in English 1.

    Princioles of management, Kreitner, Robert, 11th ed. International student ed. Boston(etc.): South Western, 2009.

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    Course code: EAM110 Course name: MARKETING

    Level: First cycle of studies Year: I Semestar: II ECTS credits: 5

    Status: Common required Number of hours per week: 5 (3 lectures + 2 practicalhours)

    Total number of hours: 75

    1. AIM OF THE COURSE Specific aims of the Marketing course are the following: 1) Introduce the students with the role and

    functions of marketing in a company, 2) Point to the significance of defining marketing possibilitiesfor the company through understanding the influence of the enviroment, understanding consumerbehaviour, analysis of market size and market participation of the company, 3) Introduce thestudents with strategic decisions about segmentation, choice of aimed segments and positioning,4) introduce the students with the elements of marketing mix product, price, distribution andpromotion and strenghten their ability to understand and look into certain situations in whichmarketing decisions are made on their own, and finally, 5) give them the opportunity (both oraland written) through the use of practical case study to develop, present, discuss and defend theiropinion and proposals about marketing activities, and to examine and critically discuss theproposals of their colleagues. .

    1.1. Basic thematic units 1. Marketingcreating values and customer satisfaction.2. Strategic planning and marketing process.3. Marketing enviroment.4. Marketing research and information systems.5. Consumer behaviour and behaviour of business buyers in shops.

    Market segmenting, choice of target markets and positioning.6. Test I7. Product management and development of new products.8. Forming the prices and pricing strategies.9. Marketing channels and supply chain management.10. Integrated marketing communication management.11. Creation of competence advantages.12. Global marketing.13. Ethics in marketing and social responsability of the company.14. Test II

    2. TEACHING MANAGEMENT

    Activity description (%)2.1. Teaching performance 1. ex cathedra

    2. class discussions3. presentations4. guest lecturers5. case study

    1. 50%2. 10%3. 20%4. 10%5. 10%

    Participation in the assessment (%)

    2.2. Student assessment system 1. Mid-term test2. Finalni test3. Kvizovi4. Aktivnosti na vjebama

    1. 35%2. 35%3. 10%4. 20%

    3. PRIMARY SOURCES PRIMARY SOURCES:1.Tihi, B., ii, M., Brki, N., redaktori, Marketing, 3. izd., Ekonomski fakultet u Sarajevu,

    Univerzitet u Sarajevu, Sarajevo, 2006.Dopunska PRIMARY SOURCES:1.Previi, J., Ozreti-Doen, ., Osnove marketinga, II izd., Advesta, Zagreb, 2004.2.Milisavljevi, M., Marii, B., Gligorijevi, M., Osnovi marketinga, Ekonomski fakultet Beograd,

    Beograd, 2004.

    3a. Textbook in English 1. MKTG, Lamb, Charles W.4th ed

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    Course code: EAM111 Course name: ACCOUNTING

    Level: First cycle of studies Year: I Semestar: II ECTS credits: 5

    Status: Common required Number of hours per week: 5 Total number of hours:75

    1. AIM OF THE COURSE Global program of the Accounting course is aimed at the students studying Accounting at

    the second year of faculty. To those who are studying for the vocation of a certifiedaccountant this will be an introduction into studying other accounting disciplines in lateryears of study. This is the reason why we have put the emphasis in global program onthe use and understanding of accounting information when making decisions that will beused by students and all business people in making business decisions.

    1.2. Basic thematic units 1. Scope of accounting2. Subject of accounting3. Accounting principles and standards as the frame of real financial reporting4. Content of basic financial reports (balance sheet and income statement)5. Features, content and phases of accounting process6. Accounting of typical business situations in accounting process:

    0. Accounting for fixed assets1. Accounting for current assets2. Accounting for capital3. Accounting for obligations

    7. Accounting of expenses8.Accounting for incomes, expenses and defining business results

    1.2. STUDY RESULTS Upon passing Accounting exam, students will be able to:1. Describe many features that are supposed to secure global perspective,

    relevance and authority of using MRS.2. Demonstrate basics of accounting and writing of basic financial reports and

    their employment in real business enviroment in accordance with MRS andcurrent regulations.

    3. Postanu inteligentni korisnici raunovodstvenih informacija kod donoenjaposlovnih odluka kao interni korisnici,ali i menadmenta.

    2. TEACHING MANAGEMENT

    Activity description (%)2.1. Teaching performance 1. lectures

    2. discussions3. continuous monitoring and student evaluations

    1.80%2.10%3.10%

    Participation in the assessment (%)

    2.2. Student assessment system 1. First partial exam2. Second partial exam3. Final exam4. continuous monitoring and student evaluations

    1. 20 % (20 points)2. 20 % (20 points)3. 50 % (50 points)4. 10 % (10 points)

    3. PRIMARY SOURCES 1. Jadranka dr. Kapi: Raunovodstvo, Ekonomski fakultet, Sarajevo, 2008. 2. Meunarodni standardi finansijskog izvjetavanja (MSFI) ,Savez raunovoa

    revizora i financijskih djelatnika F-B i H , Mostar , 2006 . (prevod sa engleskogjezika).

    3. Sidney J. Gray; Belvered E. Needles: Finansijsko raunovodstvo opti pristup,Savez raunovoa i revizora, Banja Luka, 2002. (prevod sa engleskog jezika)

    3a. Textbook in English Textbook in preparation phase

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    II YEARMANAGEMENT DEPARTMENT

    Course code: MAN201 Course name: FINANCIAL ACCOUNTING

    Level: First cycle of studies Year: II Semestar: III ECTS credits: 6

    Status: Common required Number of hours per week: 6 Total number of hours: 901. AIM OF THE COURSE The aim of Financial Accounting course is to offer the students a detailed insight into the

    use of Ethics in Accounting Principles and Accounting Standards in order to make themcompetent to use charts of accounts with current legal regulations. It is an assumptionthat through this program the students will enrich their knowledge of record keeping andbusiness changes monitoring with a possibility of financial reporting in accordance withrequirements of Accounting Standard 1 and current legal regulations. FinancialAccounting should provide the acquirement of appropriate level of knowledge formanaging financial business on the basis of exactly defined accounting information thatare a consequence of regular employment of Accounting Standards and currentregulations.

    1.1. Basic thematic units 1. Introduction to Financial Accounting2. Ethics in Accounting Principles and Accounting Standards3. Chart of Accounts4. Accounting of the initial capital and capital subscribed but not paid5. Accounting for fixed assets6. Accounting for stock7. Accounting for trading enterprises8. Cash, short-term receivables and investments9. Accounting for expenses10. Accounting for capital and reserves11. Obligations12. Incomes and expenses13. Accounting gain and loss14. Free class of Charts of Accounts and off-balance sheet records15. Making financial reports and related information and their presentation

    1.2. Study results Upon passing the Financial Accounting exam, the students will be able to:1. Describe and valuate the application of key concepts from the sphere of financial

    accounting2. Use the knowledge and skills necessary for keeping record of business events in

    accounting3. Use the knowledge and skills for the requirements of making and presenting

    financial reports

    2. TEACHING MANAGEMENT

    Activity description (%)

    2.1. Teaching performance 1. ex cathedra2. discussions3. guest lecturers

    1. 80%2. 10%3. 10%

    Participation in the assessment (%)

    2.2. Student assessment system 1. First partial exam2. Second patial exam3. Final exam4. Quiz5. Presentation

    1. 20% (20 points)2. 20% (20 points)3. 50% (50 points)4. 5% (5 points)5. 5% (5 points)

    3. PRIMARY SOURCES 1. Jahi, Mehmed. Finansijsko raunovodstvo: II dopunjeno izdanje. Sarajevo:Udruenje revizora FBiH, 2008.

    2. Meunarodni standardi finansijskog izvjetavanja (MSFI) ukljuujui i Meunarodneraunovodstvene standarde (MRS). Mostar: Savez raunovoa, revizora i finansijskih radnika FBiH, 2006.

    3. Vaei zakoni iz oblasti raunovodstva i revizije u FBiH i BiH3a. Textbook in English 1. Financial Accounting, Mehmed Jahi, 2nd ed. Libertas Sarajevo, MGH plc.

    Sarajevo, 2009.

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    Course code: ECO201 Course name: INTERNATIONAL ECONOMICS

    Level: First cycle of studies Year: II Semestar: III ECTS credits: 5

    Status: Common required Number of hours per week: 5 Total number of hours: 75

    1. AIM OF THE COURSE The aim of the course is to get the students acquainted with basic terms, theoreticalconcepts and policies within the area of international trade and international finance, and

    to explain the importance of mastering the above mentioned in the times of growingeconomic interdependence of the countries and vivid dynamics of world economictrends. Adopting basic knowledge in modern international economics is a prerequisite forseeing the big picture and understanding the processes, phenomena and mechanismsthat are integral parts of international economic enviroment and that affect positions ofcountries in the world economics.

    1.1. Basic thematic units 1. International trade theory2. Foreign trade policy3. Theory and practice of economic integration4. Multilateral trading system5. Theory and policy of Balance of Payments6. Term, determination and systems of exchange rates7. Financial markets

    8. Foreign direct investments and TNC9. International monetary system10. The role of international financial institutions11. Modern processes in global economics12. Economic relations of B&H with foreign countries

    1.2. Study results Upon passing the exam, the students will be able to:- perceive, explain and compare different motives and ways of including

    countries in international economic relations bringing them into relation withappropriate theoretical concepts;

    - analyze and explain causes, legalities and determinants of modern economicprocesses and flows;

    - perceive the roles of different subjects of global economics their activitiesand mutual relations and influences, etc.

    2. TEACHING MANAGEMENTActivity description (%)

    2.1. Teaching performance 1. ex cathedra2. presentations3. guest lecturers4. practical hours

    40%30%10%20%

    Participation in the assessment (%)

    2.2. Student assessment system 1. partial2. seminar paper3. presentation4. final exam5. other activities, in-classand on-line

    30%20%15%30%5%

    3. PRIMARY SOURCES Paul R. Krugman, Maurice Obstfeld, Meunarodna ekonomija: Teorija iekonomska politika, VII izdanje, Prevod, MATE, Zagreb, 2009.

    Robert J. Carbaugh, International Economics, Eighth Edition, South Western,2002.

    Dragana uri i dr., Meunarodna ekonomija, Institut ekonomskih nauka,Beograd, 2000.

    Dragoljub Stojanov, Meunarodne finansije u globalnoj ekonomiji, Ekonomskifakultet u Sarajevu, Sarajevo, 2000.

    3a. Textbook in English International Economics: Theory and Policy / Paul Krugman & Maurice Obstfeld,Addison-Wesley, Pearson Higher Education, posljednje dostupno izdanje (8. ili 9.izdanje), 7. izdanje 2005

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    Course code: ECO202 Course name: QUANTITATIVE METHODS IN ECONOMICS AND MANAGEMENT

    Level: First cycle of studies Year: II Semestar: III ECTS credits: 6

    Status: Common required Number of hours per week: 6 Total number of hours:90

    1. AIM OF THE COURSE Mastering quantitative modeling and programming of measurable economic phenomena

    and processes1.1. Basic thematic units 1. Place and role of quantitative modles and methods in economics and

    management2. Basic econometric functions

    Introduction to basic econometric functions Econometric functions of: demand, income, expenses, profit, offer, balance Function of production Econometric evaluation and function analysis with the use of appropriate

    software3.Network planning techniques

    Structure analysis Time analysis Expense analysis

    4. Linear programming Primary models of Linear programming Dual models of Linear programming Problem of transport and positioning'

    5. Input-Output analysis Input-Output table Complex economic system structure analysis

    1.2.Study results Upon passing the exam the students will master the chosen groups of quantitativemethods and their employment in economics and management. They will also mastereconometric evaluation and analysis of the most significant econometric functions, theuse of network planning techniques in project realization, optimization of economicproblems using the linear programming models and applying the input-output analysismethod in complex economic system research.

    2. TEACHING MANAGEMENTActivity description

    2.1. Teaching performance 1. ex cathedra lectures and practical hours2. case studies with the use of computer programs3. presentations4. discussions

    1. 65%2. 20%3. 10%4. 5%

    Participation in the assessment (%)

    2.2. Student assessment system 1. on line quizzes2. addressing an issue in form of seminar paper2. first (partial) part of the exam3. second (final) part of the exam

    1. 10%2. 10%3. 40%4. 40 %

    3. PRIMARY SOURCES 1. Somun-Kapetnovi, R. et all., Kvantitativne metode u ekonomiji i menadmentu,Ekonomski fakultet, Sarajevo, 2009.

    2. Backovi M., Vuleta J., Ekonomsko-matematiki metodi i modeli, Ekonomskifakultet, Beograd, 2008.

    3. Vukovi, .: Matematske metode u ekonomiji, I.-IV. dio; Ekonomski fakultet,Sarajevo, 2003.-2005.

    4. Andriji S.: Matematiki modeli i metode programiranja u gospodarskom drutvu ,Synopsis, Zagreb, 2002.

    5. Alpha C.C.: Osnovne metode matematike ekonomije, MATE, Zagreb, 1996.3a. Textbook in English 1. Quantitativne Analysis for Management / Barry Render, Ralph M. Stair Jr.,

    Michael E.Hanna, International Edition, Prentice Hall, Softwate CD included, 2003

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    Course code: ECO206 Course name: MONETARY AND PUBLIC FINANCE

    Level: First cycle of studies Year: II Semestar: III ECTS credits:5

    Status: Common required Number of hours per week: 5 Total number ofhours: 75

    1. AIM OF THE COURSE Introduce the students with basic elements of management of monetary and fiscal

    policies, the two being the levers of macroeconomic policy of a country. Understand therole and range of monetary and fiscal policies, throughout history and in modernconditions.

    1.1. Basic thematic units I part (Public finance) Fiscal policy basics Public expenditure Public income Budget policy Policy of public debt Public finance in B&H

    II part (Monetary finance) The role of the central bank in monetary management policy Deposit multiplication and credit expansion Monetary aggregates Monetary policy management after the establishment of EMU Monetary system of B&H

    1.2. Study results Every student understands the evolution of the economic thought with a specialemphasis on monetary and fiscal policies, and critically valuates their employment inmodern conditions in developed economics and economics of countries in transition.

    2. TEACHING MANAGEMENT

    Activity description (%)

    2.1. Teaching performance 1. ex cathedra2. practical hours3. presentations

    60%30%10%

    Participation in the assessment (%)

    2.2. Student assessment system 1. Quizzes (2 x 10)2. Test 1 (Book 1)3. Final exam (Book 2)

    20%

    30%50%

    3. PRIMARY SOURCES I PART (BOOK 1):Keetovi Izudin i onlagi Denan: Javne finansije, Grin, Graanica, 2007

    II PART (BOOK 2):onlagi, Denan: Evropska monetarna unija i Bosna i Hercegovina, Ekonomskifakultet Sarajevo, 2006.

    3a. Textbook in English 1. Economics of Money, Banking and Financial Markets, F. Mishkin, 9th Ed.,Pearson"; ISBN 978-0-321-64936-2

    2. Public Finance, A contemporary application of theory to policy, Hyman, N. David:9th Ed, Thomson South-Western, 2008

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    Code: MAN204 Course name: BUSINESS FINANCE

    Level: First cycle of studies Year: II Semestar: III ECTS credits: 4

    Status: Common required Number of hours per week: 4 Total number of hours:60

    1. AIM OF THE COURSE The aim of the course is to introduce the students with the basic instruments

    (techniques) of business finance, and to adopt financial functions as profitable activitiesof economic subjects.

    1.1. Basic thematic units 1. Time value of money,2. Risk and uncertainty,3. Financial function,4. Financial function and other business functions,5. Sources of funding,6. Regulations of funding,7. Financial planning,8. Financial analysis.

    1.2. Study results The students will understand time value of money by using processes of investment tobear interest and discounting. They will be able to quantify the relation between risk andinvestment contribution. They will understand the relation between finance and other

    business functions in a company. They will acquire basic knowledge of the efficiency ofinvestment projects and basic methods of their evaluation. They will understand flows ofmeans in business processes and interdependence of means management as well aspotential sources of funding.

    2. TEACHING MANAGEMENT

    Activity description ( %)

    2.1. Teaching performance 1. ex cathedra2. discussions3. presentations4. guest lecturers

    1. 50 %2. 10 %3. 30 %4. 10 %

    Participation in the assessment ( %)

    2.2. Student assessment system 1. quizzes

    2. team work3. midterm exam4. final exam

    1. 10 %

    2. 20 %3. 30 %4. 40 %

    3. PRIMARY SOURCES Primary sources:1. A. Rovanin, Upravljanje finansijama, IV dopunjeno izdanje, Ekonomski fakultet u

    Sarajevu, 2007.god.

    Further reading:1. S.A.Ross, R.W.Westerfield, J.Jaffe: Corporate finance, Irwin McGraw-Hill, N.York,

    1996;2. R.A.Brealey, S.C.Myers, F.Allen: Corporate finance, McGraw Hill Irwin, N.York,

    2005.3. R.A.Brealey, S.C.Myers: Principles of Corporate finance, McGraw-Hill Companies, .

    N.York, 2003;3a. Textbook in English 1. Corporate finance Student CD rom+Standard&Poor's card+Ethics in Finance

    PowerWeb, Stephen A. Ross, Randolph W. Westerfield, Jeffery Jaffe (Irwin Seriesin Finance), McGraw-Hill/Irwin, posljednje izdanje

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    ELECTIVES

    Course code:MAN205 Course name: INDUSTRIAL SOCIOLOGY

    Level: First cycle of studies Year: II Semestar: III ECTS credits: 3

    Status: Elective Number of hours per week: 3 Total number of hours: 45

    1. AIM OF THE COURSE Get the students acquainted with changes caused by emerging of industry and basic

    terms and theories of industrial sociology.1.2. Basic thematic units 1. Introduction to industrial sociology

    2. Societyterm, types and importance of work.3. Typology of global societiesBasic features of industrial and postindustrial society4. Social structureInteractive relations of economic and superstructure of society5. Social groups6. Social stratification and class differentiation in modern society7. The role and significance of human potential in industrial organization8. Formal and informal organizations9. Management: humanization of bureacracy and different trends of organization10. Scientific-technological progress and society.11. Virtual organizations as virtual teams12. Ownership and industrial democracy

    2. TEACHING MANAGEMENTActivity description

    2.1. Teaching performance 1. ex cathedra2. discussions3. presentations

    60%20%20%

    Participation in the assessment (%)

    2.2. Student assessment system 1. required class attendance2. presentations3. seminar papers4. homeworks5. quizzes (2 quizzes)4. tests (2 partial)

    1. 5 %2. 5 %3. 5 %4. 5 %5. 10 %6. 70 %

    3. PRIMARY SOURCES 1. Jaeger-aldarovi, Ljerka. Industrijska sociologija. Zagreb: Tehniko veleuiliteZagreb, 2002.

    2. Mesihovi, Nijaz. Teorijske osnove savremene sociologije. Ekonomski fakultet uSarajevu, Sarajevo, 2005. (Poglavlja: V, VI, VII, VIII, IX, XV)

    3. Watson, Tony J. Sociology, Work and Industry. Routledge, London, 2003.4. Eldridge, John et al. Industrial Sociology and Economic Crisis. Pearson Higher

    Education, 1991.5. Desmarez, Pierre. La sociologie industrielle aux tats-Unis. Paris: Armand Colin,

    1999.

    3a. Textbook in English

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    Course code: MAN203 Course name: DIGITAL ECONOMICS

    Level: First cycle of studies Year: II Semestar: III ECTS credits: 3

    Status: Elective Number of hours per week: 3 Total number of hours:45

    1. AIM OF THE COURSE The aim of the course is to introduce the students with principles of the so-called Digital

    Economics.1.1. Basic thematic units 1. Digital economicsnew economics (network economics, Internet economics, Web

    economics)2. Running a business in digital economics (new economy versus old economy)3. Business models in digital economics4. Virtual business, virtual companies, virtual production5. Creating virtual company6. IT architecture for virtual business and network economics7. Network computing, network business8. Mobile, Wireless, Pervasive computing9. Outsourcing, SaaS, Utility computing10. The impact of IT on the organization, work, society, life11. Macroeconomic perspective of digital economics12. Market structures in digital economics13. SME and digital economics14. Employment and labour force15. IT economics

    1.2. Study results Upon passing the exam, the students will master a set of knowledge containing differentaspects of the so-called digital economics (new economics or I-economics) Thisprimarily refers to new business models, virtual business, network and networkedbusiness, outsourcing, etc., as well as various macro and micro aspects andperspectives of the new economics in various economic areas, such as: marketstructures, employment, small and medium enterprises, management aspects, etc.

    2. TEACHING MANAGEMENT

    Activity description (%)

    2.1. Teaching performance 1. ex cathedra

    2. discussions3. case studies4. presentations

    1. 40%

    2. 20%3. 20%4. 20%

    Participation in the assessment (%)

    2.2. Student assessment system 1. partial exam2. final exam3. seminar paper + presentation

    1. 25%2. 50%3. 25%

    3. PRIMARY SOURCES 1. Harbhajan, K., Varinder, P.S. (eds), Digital Economy: Impacts, Influences andChallenges, IDEA Group, 2005

    2. Brynjolfsson, E., Kahin, B. (eds), Understanding the Digital Economy, The MITPress, 2000

    3. Turban, E., Rainer, R.K., Potter, R.E., Introduction to Information Technology,Wiley, 2005 (odabrana poglavlja)

    4. Turban, Leidner, McLean, Wetherbe, Information Technology for Management,Wiley, 2005 (odabrana poglavlja)

    3a. Textbook in English 1. Introduction to Information Systems: Enabling and Transforming Business,R. KellyRainer,Efraim Turban,Richard E. Potter,Casey G. Cegielski,3th edition 2010

    https://webmail.efsa.unsa.ba/owa/redir.aspx?C=4b08574164934d7499805a9125f1d4ec&URL=http%3a%2f%2feu.wiley.com%2fWileyCDA%2fSection%2fid-302479.html%3fquery%3dR.%2bKelly%2bRainerhttps://webmail.efsa.unsa.ba/owa/redir.aspx?C=4b08574164934d7499805a9125f1d4ec&URL=http%3a%2f%2feu.wiley.com%2fWileyCDA%2fSection%2fid-302479.html%3fquery%3dR.%2bKelly%2bRainerhttps://webmail.efsa.unsa.ba/owa/redir.aspx?C=4b08574164934d7499805a9125f1d4ec&URL=http%3a%2f%2feu.wiley.com%2fWileyCDA%2fSection%2fid-302479.html%3fquery%3dEfraim%2bTurbanhttps://webmail.efsa.unsa.ba/owa/redir.aspx?C=4b08574164934d7499805a9125f1d4ec&URL=http%3a%2f%2feu.wiley.com%2fWileyCDA%2fSection%2fid-302479.html%3fquery%3dRichard%2bE.%2bPotterhttps://webmail.efsa.unsa.ba/owa/redir.aspx?C=4b08574164934d7499805a9125f1d4ec&URL=http%3a%2f%2feu.wiley.com%2fWileyCDA%2fSection%2fid-302479.html%3fquery%3dCasey%2bG.%2bCegielskihttps://webmail.efsa.unsa.ba/owa/redir.aspx?C=4b08574164934d7499805a9125f1d4ec&URL=http%3a%2f%2feu.wiley.com%2fWileyCDA%2fSection%2fid-302479.html%3fquery%3dCasey%2bG.%2bCegielskihttps://webmail.efsa.unsa.ba/owa/redir.aspx?C=4b08574164934d7499805a9125f1d4ec&URL=http%3a%2f%2feu.wiley.com%2fWileyCDA%2fSection%2fid-302479.html%3fquery%3dRichard%2bE.%2bPotterhttps://webmail.efsa.unsa.ba/owa/redir.aspx?C=4b08574164934d7499805a9125f1d4ec&URL=http%3a%2f%2feu.wiley.com%2fWileyCDA%2fSection%2fid-302479.html%3fquery%3dEfraim%2bTurbanhttps://webmail.efsa.unsa.ba/owa/redir.aspx?C=4b08574164934d7499805a9125f1d4ec&URL=http%3a%2f%2feu.wiley.com%2fWileyCDA%2fSection%2fid-302479.html%3fquery%3dR.%2bKelly%2bRainerhttps://webmail.efsa.unsa.ba/owa/redir.aspx?C=4b08574164934d7499805a9125f1d4ec&URL=http%3a%2f%2feu.wiley.com%2fWileyCDA%2fSection%2fid-302479.html%3fquery%3dR.%2bKelly%2bRainer
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    Course code: ECO205 Course name: BUSINESS ENVIROMENT

    Level: First cycle of studies Year: II Semestar: III ECTS credits: 3

    Status: Elective Number of hours per week: 3 Total number ofhours: 45

    1. AIM OF THE COURSE Introduce the students with aspects of business enviroment Show the connection between companies, state and wider institutionalenviroment in resolving development issues Develop the ability of a systematic perception of the business enviroment as the

    base for decision making

    1.1. Basic thematic units 1. Economics, society and business2. Major economic systems and transition3. Evaluation of economic performances4. Market, state and policies5. State and institutions6. Anti-monopoly policies7. Regulations and the role of the state in other areas (consumer protection, product

    security, patents)8. Technological enviroment of the company9. Enviroment protection10. Company and employees

    1.2. Study results Upon passing the exam, the students are expected to: Show understanding of the basic concepts and types of analyses that are

    relevant for business enviroment. Understand major influences and strengths that initiate international business

    enterprises Understand challenges that are imposed on company's business enterprises by

    the enviroment Critically perceive the influence of globalization on the enviroment in which they

    do business

    2. TEACHING MANAGEMENT

    Activity description (%)

    2.1. Teaching performance 1. ex cathedra2. presentations3. guest lecturers4. practical hours

    1. 40%2. 15%3. 15%4. 30%

    Participation in the assessment (%)

    2.2. Student assessment system 1. partial2. seminar paper3. presentation4. finaln exam5. project

    1. 20%2. 20%3. 10%4. 40%5. 10%

    3. PRIMARY SOURCES Baron, D.: Business and Its Environment, 5/e, London: Prentice Hall, 2005. Janet Morrison (2005). International Business Environment: Global and Local

    Marketplaces in a Changing World, London: Palgrave ulahovi, B.: Ekonomija svijeta: rast, razvoj i trendovi, Sarajevo: Ekonomski

    fakultet, 2008.

    3a. Textbook in English Business and Its Environment, 6/E, David P. Baron, Stanford University, PrenticeHall, 2009

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    Course code: ECO203 Course name: DEVELOPMENT ECONOMICS

    Level: First cycle of studies Year: II Semestar: III ECTS credits: 4

    Status: Common required Number of hours per week: 4 Total number ofhours: 60

    1. AIM OF THE COURSE Basic aim of the course is advancing the students' abilities to understand modern

    economic problems of developing countries, developed countries and countries intransition. The aim of the course is to make the students competent to make impartialdecisions based on facts, and conclusions on policies in relation to their potentialsolving. The course deals with economics of development in context to the basic groupof problems and policies.

    1.1. Basic thematic units Concept of development Convergence Poverty Inequality Population Migrations Urbanization Human capital Creation of development policies Development institutions Development financing

    1.2. Study results Self managment (ability to clear up one's own values and goals) Learning skills (ability to learn both individually and in a team, to use library

    and to find relevant information on economic development) Communication (ability to use appropriate language and form when writing

    and speaking about development) Teamwork (ability to take over responsability, take over initiative and

    leadership in preparation of materials-projects-papers about development) Problem solving (ability to analyze, and ability to laterally analyze

    development problems) IT (ability to use IT as a tool for communication and studying, ability to use ITfor accessing and managing development information)

    2. TEACHING MANAGEMENT

    Activity description (%)

    2.1. Teaching performance ex cathedra presentations guest lecturers practical hours discussion, problem solving

    2020202020

    Participation in the assessment (%)

    2.2. Student assessment system partial seminar paper project-problem-task presentation final exam quiz

    301010

    103010

    3. PRIMARY SOURCES Todaro&Smith (2006): Ekonomski razvoj. ahinpai Sarajevo, Sarajevo (Chapters : 1,2, 5, 6, 7, 8, 11, 14, 15)

    3a. Textbook in English Economic DevelopmentTodaro, P.M. & Smith, C.S. (2011). Economic Development(11th Edition), 10. izdanje

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    Course code; MAN206 Course name: MARKETING MANAGEMENT

    Level: First cycle of studies Year: II Semestar: IV ECTS credits: 5

    Status: Common required Number of hours per week: 5 Total number of hours: 75

    1. AIM OF THE COURSE The aim of the course is to introduce the students with the process of marketingdecision making in an organization and to teach them to think in marketing way, as

    well as to witness the effects and consequences that business choices have inmarketing.

    1.1. Basic thematic units 1. Process of marketing management2. Aims of participants in exchange3. Marketing enviroment4. MIS and market research in marketing management5. Competition analysis6. Analysis of the process od decision making on market for private consumption

    and market for consumer7. Market strategies8. Decisions on products and production lines9. Decisions on services and marketing mix10.Quality of the offer from the perspective of marketing11.Price management as the element of marketing mix12.Management of distribution channels13.Management of marketing communication14.Models of organizations and control of marketing in a company

    1.2. Study results Upon completing the course the students should be able to understand strategic roleof marketing and develop analytic abilities to analyze marketing problems thatmanagers are faced with and to understand analytical concepts and techniques thatare used in marketing management.

    2. TEACHING MANAGEMENT

    Activity description

    2.1. Teaching performance 1. Interactive lectures andcommunication with students

    2. Individual discussions and team work3. presentation (4-5 students during a

    semester)4. engagement of guest lecturers (4-5

    participants)

    Inclusion of certain elements depends onthematic unit. Lectures are organized in

    a way that offers maximum participationof the students and their activity in every

    way.

    2.2. Student assessment system 1. Class activity2. Presentations and seminar papers3. Case study reports4. Knowledge checks

    1. 10%2. 10%3. 10%4. 70%

    3. PRIMARY SOURCES 1.Vesna Babi-Hodovi, Munira esti, Upravljanje marketingom - Praktikum,material available on the course's web site

    2.Vraneevi T., Vignali, C. Vrontis, D. Upravljanje stratekim marketingom 3.Case studies and texts will be submitted together with certain chapters and will be

    accessible on the web site.

    3a. Textbook in English 1. Managing Marketing in the 21st Century, Noel Capon, European Edition, 2009.

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    Course code: MAN208 Course name: INFORMATION SYSTEM MANAGEMENT

    Level: First cycle of studies Year: II Semestar: IV ECTS credits: 5

    Status: Common required Number of hours per week: 3+2 Total number ofhours: 75

    1. AIM OF THE COURSE Understanding the role of information technologies (IT) in business enviroment and the

    importance of business IT in strengthening competitive position in a company.1.1. Basic thematic units MANAGEMENT AND INFORMATION TECHNOLOGIES

    1. Introduction to business decision making and computer based informationtechniques

    2. Introduction to computer technologies, communications and networks3. Information system structureTPS, Information system management and

    DSS4. Introduction to Business intelligence

    DEVELOPMENT OF INFORMATION SYSTEMS IN A COMPANY5. Models of information system building6. Approaches to information system building

    INFORMATION RESOURCES MANAGEMENT IN A COMPANY7. Information resources management8. Basic types of business IS9. Comptetitiveness and information technologies

    SOCIAL AND ECONOMIC ASPECTS OF IS10. IS security11. Introduction to e-business12. Understanding ethical and social themes that sre referred to IS/IT

    1.2. Study results Upon completing the course, the student will have a complete overview of the relationbetween modern information technologies and management and will understand therole and advantages of using business information systems and informationtechnologies in doing business in general. Further on, the student will acquire all thenecessary knowledge about the impact of information technologies on sources of thecompany's competition, basic understanding of electronic business, and challengesrelated to information system security.

    2. TEACHING MANAGEMENTActivity description (%)

    2.1. Teaching performance 1. ex cathedra2. presentations3. guest lecturers4. practical hours and activities5. tasks

    40%20%10%20%10%

    Participation in the assessment (%)

    2.2. Student assessment system 1. partial2. seminar paper3. project/practical hours4. presentation5. final exam6. regular attendance

    25%15%15%10%25%10%

    3. PRIMARY SOURCES 1. Lagumdija Z., Zaimovi T., abi Z., Kaapor K. i Grabovica E., "Menadmentinformacioni sistemiKonkurentnost i IT", Ekonomski fakultet Sarajevo, 2008.

    2. Turban E., Volonino L., McLean E., Wetherbe J., "Information Technology forManagement: Transforming Organizations in the Digital Economy, InternationalStudent Version", 7th Edition, Wiley, 2009.

    3a. Textbook in English 1. MIS: menagement information system, Bidgoli Hossein,Student ed.Boston:Course Technoligy, Cengage Learning, 2011

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    Course code: MAN209 Course name: STRATEGIC MANAGEMENT

    Nivo: Prvi ciklus studija Year: II Semestar: IV ECTS credits: 5

    Status: Common required Number of hours per week: 5 Total number ofhours: 75

    1. AIM OF THE COURSE The concept of the course is based on the posture that profitability is predominantly

    defined by its strategic commitment. It is necessary to bear in mind that the choice ofthe company's strategy is equally important for every company, whether it be abusiness bearing profit or loss. The aim of Strategic Management course is studyingthe process of the company's strategy defining.

    1.1. Basic thematic units 1. Introduction to Strategic Management2. Strategic planning3. AdidesovaMethodology of decision making4. Stakeholders and the company's mission5. External enviroment analysis6. Internal factors analysis7. Building competitiveness through a functional level of the strategy8. Strategies on the level of a strategic business unit9. Strategies on the level of a multidivisional company10. Concept of portfolio management11. Strategy implementation12. Designing organizational structure in the function of strategy implementation13. Strategic control system

    1.2. Study results Strategic Management course is based on the posture that a company's strategy is anunderstandable and directed activity that is realized primarily through pragmaticstrategic thinking. Bearing this in mind, apart from acquiring the newest theoreticalknowledge, the students will have the opportunity to study this course through casestudies from domestic practice, which will add to their strategic way of thinking in theend.

    2. TEACHING MANAGEMENT

    Activity description (%)

    2.1. Teaching performance 1. ex cathedra2. presentations3. guest lecturers4. practical hours

    35%

    25%10%30%

    Participation in the assessment (%)

    2.2. Student assessment system 1. Active participation in lectures2. Active participation in practical hours3. Homeworks4. Midterm5. Final exam

    5%5%5%35%50%

    3. PRIMARY SOURCES 1. Devad ehi: Strateki menadment, Slovo, Mostar, 20022. Michael E. Porter: On Competition, A Harvard Business Review Book, 19983. Gary Hamel; C.K. Prahalad: Competing for Future, Harvard Business School

    Press, 19964. B. Joseph Pine II: Mass Customization, Harvard Business School Press, 1999

    3a. Textbook in English 1. Theory of Strategic Management with Cases, International Edition, 9th EditionGareth R. Jones; Charles W. L. Hill

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    Course code: ECO213 Course name: QUANTITATIVE MODELS IN FINANCE

    Level: First cycle of studies Year: III Semestar: IV ECTS credits: 5

    Status: Department required Number of hours per week: 6 Total number ofhours: 75

    1. AIM OF THE COURSE The aim of the course is to make the students master theoretical and practical knowledge

    about quantitative models in finance based on applied mathematics and equivalenceprinciple, and complex growth of deterministic and stochastic processes. The purpose ofthe course is to perceive the overall picture and parts of legalities of content of quantitativemodels and methods in finance, science and everyday business and social practice; theirwide practical use not only in financial activities, but in a number of other.

    1.1. Basic thematic units a) Quantitative models based on deterministic processes1. Simple and compound interest2. Elements of account related to a capital3. Account of bets and rents (periodic deposits and periodic withdrawals)4. Loan amortization5. Loans distributed into bonds6. Lottery loans7. Conversion of loan

    b) Quantitative models based on stochastic processes1. Basic elements, theory of probability, law of large numbers, mortality and

    actuarial tables2. Life insurance models based on a single-premium payment: rent insurance and

    capital insurance3. Models of life insurance based on recurring premium payment: rent insurance

    and capital insurance4. Gross premiums: simgle and recurring5. Mathematical (premium) reserve

    1.2. Study results Upon passing the exam, the students will be competent to solve problems, both in theoryand practice, based on deterministic and stochastic processes in finance, and in all other

    parts of economics and occurences of deterministic and stochastic nature.2. TEACHING MANAGEMENT

    Activity description (%)

    2.1. Teaching performance 1. ex cathedra2. presentations3. guest lecturers4. practical hours5. discussions

    1. 50 %2. 10 %3. 10 %4. 20 %5. 10 %

    Participation in the assessment (%)

    2.2. Student assessment system 1. partial2. seminarn paper3. project4. presentation5. final exam6. oral exam

    1. 30 %2. 5 %3. 10 %4. 5 %

    5. 40 %6. 10 %

    3. PRIMARY SOURCES 1. Branko Trklja: Finansijska matematika, Savremena administracija Beograd iliEkonomski fakultet Sarajevo, any edition

    2. eljko ain: Aktuarski modeli ivotnih osiguranja , I dio, Ekonomski fakultet uSarajevu, 2009.

    3. Milivoj Krmar: Finansijska matematika i metode investicionog odluivanja,Kemigrafika Sarajevo, 2002.

    4. Vrani Marti: Matematika za ekonomiste, II dio, kolska knjiga Zagreb, anyedition

    5. Tablica interesa na interes i Aktuarske tablice, any author or publisher3a. Textbook in English 1. Fundamentals of Actuarial Mathematics, S. David Promislow, Wiley; 2 edition 2011

    2. Theory of Interest, Stephen Kellison, McGraw-Hill/Irwin; 3 edition 2008

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    DEPARTMENTFINANCIAL MANAGEMENT

    Course code: MAN341 Course name: MONETARY AND FISCAL SYSTEMS IN THE EU

    Level: First cycle of studies Year: III Semestar: V ECTS credits: 5

    Status: department required Number of hours per week: 5 Total number of hours: 75

    1. AIM OF THE COURSE Introduce the students with basic management features of monetary and fiscal policy in the EU.Get the overall picture of the evolutionary path of formation and implementation of ideas ofEuropean Monetary Union and the problems of development of potential fiscal integration.Analyze current position and reformative processes that are ahead of B&H on its way to the EUintegration, and then to European Monetary Union.

    1.1. Basic thematic units I part (Monetary policy in the EU)1. Optimum currency area theory2. Management of monetary policy in the EU3. ECB functioning4. Process of integration in the EU and EMU5. Process of integration on B&H monetary system in the EU and EMU

    II part (Fiscal policy in the EU)6. Public finance and European integration7. Structure of the EU fiscal system8. Institutional frame of the EU fiscal policy9. EU budget10. EU tax system11. Fiscal regulations in the EU and stabilization12. Fiscal policy in B&H vs. the EU

    1.2. Study results Students have a look in the functioning of mechanisms for monetary policy management on thesupranational level, and harmonization of national economic policies. Students acquire criticalway of thinking about advantages and disadvantages of integrational processes, and ways ofovercoming obsticles on the way to integration.

    2. TEACHING MANAGEMENT

    Activity description (%)2.1. Teaching performance 1. ex cathedra

    2. practical hours3. presentations

    60%30%10%

    Participation in the assessment (%)

    2.2. Student assessment system 1. Test 12. Quizzes (2 x 10)3. Final exam (Book 2)

    30%20%50%

    3. PRIMARY SOURCES 1. onlagi, Denan (2006): Evropska monetarna unija i BiH, Ekonomski fakultet uSarajevu.

    2. imovi, Jure i imovi, Hrvoje (2006): Fiskalni sustav i fiskalna politika EU, Pravnifakultet u Zagrebu

    3a. Textbook in English 1. Fundamentals of Actuarial Mathematics, S. David Promislow, Wiley; 2 edition 20112. Theory of Interest, Stephen Kellison, McGraw-Hill/Irwin; 3 edition 2008

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    Code: MAN302 Course name: INTERNATIONAL FINANCE MANAGEMENT

    Level: First cycle of studies Year: III Semestar: V ECTS credits: 5

    Status: department required Number of hours per week: 5 Total number of hours: 75

    1. AIM OF THE COURSEInternational finance management studies basic legalities of functioning of internationalfinancial system, as well as basic relations of finance management in global framework, from

    the point of view of national economics and that of multinational and global companies.

    1.1. Basic thematic units

    1. International finance (considering Balance of Payments and Purchasing Power Parity),economic and political enviroment and referring to comparative advantages of the countryand B&H Competitiveness Report

    2. International financial flows (focus on direct foreign investments) and institutions3. Stock markets4. Financial structure of global financing (focus on financial structure and multinational

    corporations)5. Internationally diversified portfolio6. Foreign exchange market (its importance and functioning and taking into concern

    government's influence on the exchange rate) and risk management (exchange rate riskand interest rate risk)

    7. International project evaluationadjusted present value approach8. Funding exchange9. Money transfer as the basis for international payment10. Cash management in international relations11. Money launderingtechniques of conducting and possibilities of stopping the process

    1.2. Study results Students will be able to understand the relations in international finance management, that is,multinational corporation finance management. They will master the basics of functioning ofinternational financial markets, that is, financial instruments that are used in the process. Theywill also be acquainted with the basics of investment project evaluation, costs of capital, andportfolio management in international financial enviroment.

    2. TEACHING MANAGEMENT

    Activity description ( %)

    2.1. Teaching performance

    1. ex cathedra

    2. discussions3. presentations4. guest lecturers

    1. 60 %

    2. 10 %3. 20 %4. 10 %

    Participation in the assessment ( %)

    2.2. Student assessment system

    1. I test2. II test3. seminar paper and presentation4. quizzes5. activity

    1. 35 %2. 35 %3. 20 %4. 5 %5. 5%

    3. PRIMARY SOURCES

    1. Skripta za Meunarodni finansijski menadment (autori: Pulji, Alibegovi, ahinagi,Zaimovi)

    2. Madura, M. (2002) International Financial Management (7th edn), South-Western CollegePub.

    3. Dunning, J.H, Stonehill, A.I. and Moffett, M.H. (1997) International Financial4. Management (2nd ed.), International Thompson Business Press.

    3a. Textbook in English1. International Corporate finance, Madura, Jeff, South-Western, Div of Thomson Learning

    posljednje izdanje

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    Course code: MAN303 Course name: BANKING

    Level: First cycle of studies Year: III Semestar: V ECTS credits: 5

    Status: department required Number of hours per week: 5 Total number of hours: 75

    1. AIM OF THE COURSE Getting acquainted with formation, development, role and importance which banks, being the

    most significant financial mediators, have in today's modern economics and in domestic financialsystem; Getting acquainted with banking system in Bosnia and Herzegovina, that is, bankingsystems in FB&H and RS; Studying central banking, and within that, studying the instruments ofmonetary policy of central banks in particular; Studying The Central Bank of B&H as a significantsubject which adds to the stability and development of the domestic banking sector; Studyingbasic principles and aspects of banking business, bank deposit and non-deposit sources andbank capital in particular. In this course, the students will study wide range of traditional andmodern banking businesses. In the process of the course realization, the students will be showna number of practical examples, and they will be given the opportunity to exchange opinionswithin discussions, debates and presentations.

    1.1. Basic thematic units 1. Formation and development of banks2. Banks on the financial market3. Commercial banking4. Central banking systems5. The Central Bank of B&H6. Basic principles of banking7. Banking sources and banks' capital8. Active banking jobs9. Banking system in B&H10. Other banking jobs11. Guaranteed banking business12. Credits and granting credits13. Banking products offer of banks in B&H

    1.2. Study results Students will acquire knowledge about formation and development of banks and their positionwithin the developed but also domestic financial system. They will be able to differentiatebetween certain instruments of monetary policy of central banks and their practical use. They will

    be acquainted with basic principles of banking business and parts of structure of bankingsources and means. They will be aware of the significance of banks' deposit capital, and theywill learn how to calculate capital adequacy ratio. They will understand the process of grantingcredits and learn to differentiate between certain banking jobs, products and services.

    2. TEACHING MANAGEMENT

    Activity description (%)

    2.1. Teaching performance 1. ex cathedra2. on-line3. presentations

    1. 60 %2. 20 %3. 20 %

    Participation in the assessment (%)

    2.2. Student assessment system 1. obligatory attendance2. presentation3. midterm test4. test (final)

    1. 10 %2. 20 %3. 30 %4. 40 %

    3. PRIMARY SOURCES 1. Hadi, Fikret i Efendi, Velid: Bankarstvo- pregled predavanja i vjebi, Ekonomskifakultet u Sarajevu, Sarajevo, 2010.

    2. irovi, Milutin: Bankarstvo, Bridge Company, Beograd, 2007.3. Zaklan, Damir: Bankarstvo u trinom makrosistemu, Ekonomski fakultet Univerziteta

    Demal Bijedi, Mostar, 2000.4. Leko, Vlado (ur.), Rjenik bankarstva, Masmedia, Zagreb, 1998.

    3a. Textbook in English 1. Introduction to banking, Casu B, Claudia Girardone Philip Molyneux, Prentice Hall, 2006

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    Course code: ECO332 Course name: FINANCIAL MARKETS AND INSTITUTIONS

    Level: First cycle of studies Year: III Semestar: V ECTS credits: 5

    Status: department required Number of hours per week: 3+2 Total number of hours:75

    1. AIM OF THE COURSE The aim of the course is to widen and deepen understanding of financial markets, instrumentsand institutions. The course covers a wide range of questions with the emphasis on both,

    theoretical and empirical, aspects.1.1. Basic thematic units 1. Term, formation and significance of financial markets

    2. Role and significance of interest rate on financial market3. Money marketparticipants and instruments4. Money market in developed countries5. Capital marketparticipants and instruments6. Capital market of developed countries7. Investment banks8. Investment funds9. Valuation of shares10. Financial derivatives11. Foreign exchange market12. Mortgage market13. Configuration of money and capital markets in B&H and development perspectives

    1.2. Study results Upon completing the lectures and passing the exam, the student will be able to understandbasic legalities of functioning of financial markets. Students will also have the opportunity touse in practice the acquired knowledge that refers to characteristics of securities andknowledge about the way of trading on money market and capital market. Upon finishing withthe course's lectures, the students will have better understanding of financial institutions.Special meaning of this course is seen in the fact that it has sublimed previously acquiredknowledge about macroeconomic and microeconomic disciplines, which offers possibility forthe student to better understand economic reality.

    2. TEACHING MANAGEMENT

    Activity description (%)

    2.1. Teaching performance 1. ex cathedra2. presentations3. practical hours

    4040

    20Participation in the assessment (%)

    2.2. Student assessment system 1. partial2. presentation3. final exam

    451045

    3. PRIMARY SOURCES 1. F.S. Mishin, S.G Eakins, "FINANCIJSKA TRITA I INSTITUCIJE", IV izd, MATE, 2005.2. Jeff Madura, Financial markets and Institutions, 6th Edition, Thomson Learning, 2003.3. Sead Kreso, Finansijska trita i institucije - CD sa pregledom predavanja

    3a. Textbook in English 1. Financial Markets and Institutions, Frederic S. Mishkin, Stanley Eakins, 7th Edition, ThePrentice Hall Series in Finance, 2011

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    Course code: MAN307 Course name: BANKING MANAGEMENT

    Level: First cycle of studies Year: III Semestar: VI ECTS credits: 4

    Status: department required Number of hours per week: 4 Total number of hours: 60

    1. AIM OF THE COURSE Introducing basic trends and organizational structures in modern banking; The aspect ofsupplying credit will be dealt with in particular, along with modern procedures and techniques of

    granting business and consumer credits and mortgage loans and bad loans management.Students will be introduced with mechanisms of functioning of basic instruments of payment indomestic and international payments. They will study models, instruments and mechanisms ofmanagement of assets and liabilities of banks for the purpose of defining and valuating interestrates with special emphasis on security and off balance sheet financing; Introducing the ways ofmanaging banking risks (credit risk in particular); Studying control, supervision, improvement,merging and taking over of banks. Studying ways of deposit services management, non depositinvestment products, capital and other non deposit liabilities of banks. Studying basic features ofmicrocredit finansing. During the process of realization of the curriculum, students will bepresented with practical examples, and given the opportunity to exchange opinions indiscussions, debates, presentations and conversations with guest lecturers.

    1.1. Basic thematic units 1. Granting credits to people (consumer credits and mortgage loans)2. Granting credits to industries (corporative and development)3. Local and international payment4. Assets and liabilities managment - ALM5. Banking risk management6. Control and supervision of banks7. New agreement on banks' capitalBasel II8. Electronic banking9. Islamic banking10. Investment banking11. International banking12. Fusions and soliciting of banks13. Microcredit financing

    1.2. Study results The students will acquire knowledge about management of certain segments of banking. Theywill learn the process of granting credits to people and companies; the way of local and

    international payment realization with their basic instruments; the way of managing assets andliabilities of banks. They will have the opportunity to identify certain banking risks, and choosemethods and models of banking risk management. They will be aware of the significance ofcontrol and supervision of banking and of new standards in banks' capital management. Theywill gain knowledge about special aspects of banking such as: electronic, Islamic, investment,international banking and microcredit financing.

    2. TEACHING MANAGEMENT

    Activity description (%)

    2.1. Teaching performance 1. ex cathedra2. on-line3. presentations4. guest lecturers

    1. 30 %2. 20 %3. 40 %4. 10%

    Participation in the assessment (%)

    2.2. Student assessment system 1. obligatory attendance2. presentation3. midterm test4. test (final)

    1. 10 %2. 20 %3. 30 %4. 40 %

    3. PRIMARY SOURCES 1. Hadi, Fikret i Efendi, Velid: Bankarski menadment pregleda predavanja i vjebi,Ekonomski fakultet u Sarajevu, Sarajevo, 2010.

    2. Rose, S. Peter, Menadment komercijalnih banaka, MATE, Zagreb, 2003.3. Greuling,Hennie, Bratanovi, Brajovi, Sonja, Analiza i upravljanje bankovnim rizicima,

    MATE, Zagreb, 2006.4. Leko, Vlado (ur.), Rjenik bankarstva, Masmedia, Zagreb, 1998.

    3a. Textbook in English 1. Bank Management and Financial Services + Standard & Poor's Educational Version ofMarket Insight + Ethics in Finance Powerweb, Rose Peter, Hudgins Sylvia, McGraw-Hill/Irwin; 6 edition, 2004

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    Course code: MAN308 Course name: FINANCIAL RISK MANAGEMENT

    Level: First cycle of studies Year: III Semestar: VI ECTS credits: 4

    Status: department required Number of hours per week: 4 Total number of hours: 60

    1. AIM OF THE COURSE The aim of the course is to introduce the students with derived securities and techniques of riskmanagement (hedging).

    1.1. Basic thematic units 1. Active approach in financial risk management,2. System and non-system risks,3. Portfolio risk management,4. Simulation,5. Derived securities,6. Hedging,7. Realistic options,8. Repo contracts, factoring,9. Company restructuring risks.

    1.2. Study results Students will be able to understand the term and type of risk a financial institution deals with.They will be able to perceive risk management process as well as the analysis, valuation andcontrol of how much a financial institution is exposed to a particular risk. They will be able tounderstand basic methods of risk financing as well as the choice of optimal method of risk

    management.2. TEACHING MANAGEMENT

    Activity description ( %)

    2.1. Teaching performance 1. ex cathedra2. discussions3. presentations4. guest lecturers

    1. 50 %2. 10 %3. 30 %4. 10 %

    Participation in the assessment ( %)

    2.2. Student assessment system 1. quizzes2. team work3. midterm test4. final test

    1. 10 %2. 20 %3. 30 %4. 40 %

    3. PRIMARY SOURCES 1. Orsag, S., Izvedenice, HUFA, 2007.2. Cuthbertson, K., Nitzsche, D., Financial Engineering, John Willey & Sons, 2003,3. Kolb, R., W., Futures, Options and Swaps, Backwell Publishing, 2003.4. Ivanovi, P., Upravljanje rizicima u bankama, Beogradska bankarska akademija, 2009.5. Saunders, A., Cornett, M. M., Finansijska trita i institucije, Masmedia, 2006.

    3a. Textbook in English 1. The Fundamentals of Risk Measurement, Chris Marrison, McGraw-Hill - Posljednjeizdanje

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    Course code: MAN304 Course name: INSURANCE ECONOMICS

    Level: First cycle of studies Year: III Semestar: VI ECTS credits: 4

    Status: department required Number of hours per week: 4 Total number of hours: 60

    1. AIM OF THE COURSE The aim of the Insurance Economicscourse is to make the students master basic theoreticaland practical knowledge from the sphere of insurance and insurance economics in particular.

    The purpose of the course is perceiving this subject matter as a whole and in parts, activitiesand features of insurance industry from scientific, theoretical and practical point of view, legaland professional regulations; correlational bonds with enviroment and interactive acting; trendsin modern world and in B&H.

    1.1. Basic thematic units 1. Introduction into insurance; formation ans development of insurance2. Purpose of insurance: purpose of protection, finance-accumulator purpose and social

    purpose3. Economic principles of insurance: insurance fund, insurance and amortization4. Elements of insurance: risk, premium and compensation from insurance5. Types of insurance: obligatory and volontary, personal insurance, social insurance, life and

    health insurance, retirement insurance, property liability insurance, transport insurance,credit insurance

    6. Legal legislative of insurance: offer, policy, contracts, legal organization of insurance jobs7. Reinsurance, retrocession, and coinsurance: principles and type8. Technical organization of insurance: tasks and elements9. Insurance tariffs/rates10. Insurance finance management11. Insurance companies in financial market12. Insurance in the future: industrial and social aspects

    1.2. Study results Upon passing the exam the students will be able to understand and apply legalities of riskdispersion through all the forms of insurance industries with clear financial, economic and socialcharacteristics. Also, they will be able to consistently govern the processes of insurance missionand vision as components of existing and protection of physical and legal entities.

    2. TEACHING MANAGEMENT

    Activity description (%)

    2.1. Teaching performance 1. ex cathedra2. presentations3. guest lecturers4. practical hours5. discussions

    1. 40 %

    2. 10 %3. 15 %4. 20 %5. 15 %

    Participation in the assessment (%)

    2.2. Student assessment system 1. partial2. seminar paper3. project4. presentation5. final exam6. oral exam (conversation)

    1. 30 %2. 5 %3. 10 %4. 5 %5. 40%6. 10 %

    3. PRIMARY SOURCES 1. Jelena Koovi i dr Predrag uleji: Osiguranje, Ekonomski fakultet, Beograd, 20022. Sanja Andrijaevi i Vladimir Petranovi: Ekonomika osiguranja, Alfa, Zagreb, 19993. Emmet Vaughan, Therese Vaughan: Osnove osiguranja Upravljanje rizicima,

    Mate,Zagreb, 2000.4. Boris Marovi i dr Veselin Avdalovi: Osiguranje i upravljanje rizikom, DDOR Novi Sad i

    Birografika, Subotica, 2005.5. Aktuelni zakoni koji reguliraju ovu oblast u BiH6. Sanja Andrijaevi, Tatjana Rai-libar (urednici): Rjenik osiguranja, Masmedia, Zagreb,

    1997.

    3a. Textbook in English 1. Principles of Risk Management and Insurance, George E. Rejda, Prentice Hall; 11 edition,2010

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    ELECTIVE

    Code: MAN320 Course name: PORTFOLIO MANAGEMENT

    Level: First cycle of studies Year: III Semestar: VI ECTS credits: 5

    Status: Elective Number of hours per week: 5 Total number of hours: 75

    1. AIM OF THE COURSE To introduce the students with review of basic concepts and techniques used for formation of

    portfolio of securities and for their analysis, measuring, management and control.1.1. Basic thematic units 1. Securities as portfolio components

    2. Portfolio creation and rebalancing3. Portfolio risk4. Measuring of contribution and risk5. Capital Asset Pricing Model6. Markowitz portfolio theory7. Strategies of portfolio management8. International portfolio management9. Institutional investors and portfolio management10. Valuation of portfolio efficiency

    1.2. Study results Studen