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Course title: QUANTITATIVE METHODS FOR SCIENTIFIC RESEARCH

Teacher/-s: Milan Tuba, Dejan Zivkovic

Course status: Compuslory

ECTS credits: 10

Prerequisite: /

Course objectives

Introduction to the relevant quantitative methods applied in management, operations research,

econometrics and computer science,

Introduction to statistical methods for data collection and analysis,

Introduction to optimization methods for decision-making in problem solving,

Application of quantitative methods using Excel and SPSS computing packages.

Course outcomes

After the successful completion of the course, students will:

comprehensively understand all quantitative methods used in their research field

be able to plan, implement and analyze the results of a typical project of solving problems from their

domain of interest using a quantitative methodology.

Course contents

Probability theory: random events, Bayes' formula, probability distribution, random variables. Descriptive and

analytical statistics. Basic sampling methods. Statistical estimation of parameters of random variables. Testing the

hypothesis. Regression analysis. An error score collected by the minimum of the square. Linear and integer

programming. Transport problems. Network flow problems.

Recommended literature

1) C. Moss, Mathematical Statistics for Applied Econometrics, Chapman and Hall/CRC, 2014.

2) K. Rajagopal, Operations research, PHI Learning, 2013.

3) S. Coakes, C. Ong, SPSS Version 18.0 for Windows: Analysis without Anguish, Wiley Publications,

2015.

Active teaching hours (total): 5 Theory: 5 Practice:

Applicable Teaching Methods:

Lectures, project assignments, presentations, consultations

Grading Scheme (max. 100 points)

Pre-exam Requirements Final exam

Attendance and in-class activity 10 Exam 50

Project assignment 40 Total: 50 Total: 50

Course title: ADVANCED FINANCIAL REPORTING

Teacher/-s: Goranka Knežević, Vule Mizdraković, Predrag Vukadinović

Course status: Elective

ECTS credits: 10

Prerequisite: /

Course objectives

Students will gain a deeper understanding of contemporary issues concering international financial

reporting regime;

Students will discuss and give a critical overwiew of the role of financial reporting regulation (IFRS,

IFRS for SMSs, US GAAP) and EU Directive in different jurisdictions;

Students will be introduced with new trends in corporate reporting such as integrated reporting and corporate social sustainability reporting;

Students will analyse recent developments in IFRS regime (IFRS 15 Revenue, IFRS 16 Leases, IFRS 9 Financial instruments).

Course outcomes

Students will grasp the significance of factors that influence financial regulation development;

Students will obtain practical knowledge and skills for the critical analysis of financial reporting after

the global crisis in the domain of IFRS, US GAAP and EU Directives;

Students will be able to identify, based on reading and case studies, interdependences between financial

and non-financial reporting;

Students will gain a deeper understanding of effects of non-financial and financial reporting on

information asymmetry in financial markets and to critically evaluate how to reduce this asymmetry.

Course contents

Preparation and presentation of financial statements in accordance with the different financial reporting regime

(IFRS or US GAAP); Requirements of EU Directives in the area of reporting, Presentation of International

Integrated Reporting Framework and trends in Corporate Social Responsibility reporting using GRI4 Guidelines and Sustainability Accounting Standards; Environmental accounting issues; Financial instruments accounting and

Business combinations, Corporations in financial difficulties.


1) Christensen T., Cotrell, D., Budd, C. (2019). Advanced Financial Accounting, 12e, McGraw Hill

Publishing.

2) Baldarelli, M.G., Del Baldo, M., Nesheva-Kiosseva, N. (2017) Environmental accounting and reporting,

Springer.

3) Hoyle, J.B., Schaefer, T. Doupnik, T. (2017) Fundamentals of Advanced Accounting, McGraw Hill

Publishing.

4) Gruber, S. (2015) Intangible values in Financial accounting and Reporting, Springer



Lectures, case studies, project assignments, final exam.




Project assignment 40

Total: 50 Total: 50

Course title: MONEY, BANKING AND FINANCIAL MARKETS

Teacher/-s: Tijana Radojević, Lidija Barjaktarović, Miroljub Hadžić


ECTS credits: 10

Prerequisite: / Course objectives

Students should obtain knowledge in the field of finance, banking and financial markets, through

examining the basic and advanced categories and principles of finance and banking

Course outcomes

Students should gain knowledge in the field of finance and banking, which will serve as the basis for

further research in the field.

Course contents

This course examines the following topics:

Overview of Financial System: participants, markets, instruments, products traded, the role of money, banking operations, stock market operations, contemporary financial market trends; Banks, central bank and monetary

policy; Foreign exchange and derivatives market; Hedging as an instrument for risk management; Hedging and

speculation; Securities operations, global market trends, the analysis of stock market in Serbia; Contemporary

concepts of managing financial institutions- asset and liability management, risk management and customer

relationship management; Contemporary trends in international finance; Mergers and acquisitions; The influence

of the world economic crisis on the financial sector in Serbia


1) Pilbeam, K. (2018) Finance and Financial Markets, Red Globe Press

2) Mishkin, F., Eakin, S. (2017) Financial Markets and Institutions,Pearson: United Kingdom

3) Mishkin, F. (2016) The economics of money, banking and financial markets, Pearson Education

Limited, Harlow, England 4) Kidwell, D., Blackwell, D., Whidbee, D., Sias, R. (2016) Financial Institutions, Markets, and Money,

Wiley: Hoboken, New Jersey

5) Fabozzi, F. (2015) Capital Markets: Institutions, Instruments and Risk Management, The MIT Press

6) Valdez, S., Molyneux, P. (2015) An Introduction to Global Financial Markets, Red Globe Press



Lectures, case study, project assignment, presentations, consultations





Total: 50 Total: 50

Course title: RESEARCH PAPER 1

Teacher/-s: Chosen teacher

Course status: Compulsory

ECTS credits: 10

Prerequisite: The first semester courses – which have been successfully completed

Course objectives

Reasearch paper 1 is the first significant examination and verification statement on the doctoral studies that the

candidate conducts in consultation with the mentor. Reasearch paper 1 includes work on projects that include

practical problems and should finalize part of the knowledge from previously mastered subjects: DSP PE 01 and

DSP PE 02-1 i.e. DSP PE 02-2. Through research work, the candidate's ability to independently analyze more

complex problems is evaluated.

Course Outcomes

By conducting this research work, the candidate learns how to formulate and process a scientific research

problem, bearing in mind the general theoretical and methodological frameworks of scientific research work. The

candidate is qualified for the:

application of acquired knowledge in solving real problems,

independent research work in the respective field of education,

discussion and presentation of the results of their work.

Course Content

Reasearch paper 1 is independent work of the candidate coordinated by his/her mentor. The mentor helps the

candidate during the entire process of writing by:

selecting the topic of the paper,

formulating the content,

setting the goal, the topic and the methods applied

choosing the most appropriate scientific method of processing, collecting, analysing and verifying the

data

participating in final design of research work/paper

The candidate becomes acquainted with the methodology of work on scientific-research projects. This research

paper proves that the candidate has mastered the theoretical settings of the research, theoretical knowledge in the

field and that he/she has successfully completed a research process by being able to:

identify the problems

process theoretical problem

plan, organize and carry out research

write the actual paper

After conducting the research, the candidate prepares the study research paper in a form containing the following

chapters: Introduction; Theoretical part; Research section, Results and discussion; Conclusion; Review of

literature.


Singidunum University library

Group of authors, Available scientific journals.

Group of authors, Available literature for the scientific field from which the study-research work is.

Active teaching hours (total): 10 Theory: Practice/Independent/Supervised Work: 10


Candidate independent research work.


Research work presentation, oral exam.

Course title: CONTEMPORARY FINANCING THEORIES

Teacher/-s: Miroljub Hadžić, Zoran Jeremić, Nikola Stefanović


ECTS credits: 8

Prerequisite: / Course objectives:

The students should obtain knowledge regarding the contemporary theories and practice of finance, financial

management, national and international banking and national and international financial markets

Course outcomes:

The students should be able to work in the field of strategic financial management, financial planning and

financial analysis, working capital management, equity investment management, medium-term and long-term financing

Course contents:

Contemporary methods of financial analysis; Financial planning; Working capital management; Capital asset and

financial management; Study cases discussion.

Recommended literature:

1) BD Jordan, TW Miller, SD Dolvin, (2015) Fundamentals of investments: valuation and

management

2) RA DeFusco, DW McLeavey, JE Pinto, MJP Anson, (2015) Quantitative investment analysis

3) LJ Gitman, R Juchau, J Flanagan, (2015) Principles of managerial finance

4) SL Britt, KL Archuleta, BT Klontz, (2015) Theories, models, and integration in financial therapy

5) R Kanbur, JE Stiglitz, (2015) Wealth and income distribution: New theories needed for a new era

6) T Piketty, American Economic Review, (2015) About capital in the twenty-first century

7) S Fraser, SK Bhaumik, M Wright, Small Business Journal, (2015) What do we know about

entrepreneurial finance and its relationship with growth?








Total: 50 Total: 50

https://scholar.google.com/citations?user=q_7vtgoAAAAJ&hl=sr&oi=sra

https://lib.hpu.edu.vn/handle/123456789/32649

https://lib.hpu.edu.vn/handle/123456789/32649

https://scholar.google.com/citations?user=oqKhB1AAAAAJ&hl=sr&oi=sra

https://books.google.com/books?hl=sr&lr=&id=0S_dCQAAQBAJ&oi=fnd&pg=PR13&dq=Investments+and+portfolio+management+2015-&ots=yKdDDtFJxW&sig=24KCYb83ctJ_yzc47PiYTckPO2Y

https://books.google.com/books?hl=sr&lr=&id=EQbiBAAAQBAJ&oi=fnd&pg=PP1&dq=finance+theories+and+concepts&ots=utoXGzLY1R&sig=b6ipauqq4w_j-JJ68iCnbL4r1b4

https://scholar.google.com/citations?user=lY7AzxIAAAAJ&hl=sr&oi=sra

https://scholar.google.com/citations?user=AEbmyRQAAAAJ&hl=sr&oi=sra

https://scholar.google.com/citations?user=iMdfQk8AAAAJ&hl=sr&oi=sra

https://link.springer.com/chapter/10.1007/978-3-319-08269-1_2

https://scholar.google.com/citations?user=2AF4iHIAAAAJ&hl=sr&oi=sra

https://academiccommons.columbia.edu/doi/10.7916/d8-7cya-jn73

https://www.aeaweb.org/articles?id=10.1257/aer.p20151060

https://scholar.google.com/citations?user=RIg9DVEAAAAJ&hl=sr&oi=sra

https://journals.sagepub.com/doi/abs/10.1177/0266242614547827

https://journals.sagepub.com/doi/abs/10.1177/0266242614547827

Course title: BUSINESS MODELS IN A DIGITAL ENVIRONMENT

Teacher/-s: Tijana Radojević, Marko Šarac


ECTS credits: 8

Prerequisite: /

Course objectives

Acquiring knowledge about the basic principles of business system based on the application of technologies in

the digital environment, in accordance with the expected business needs and conditions of the global economy.

Students are able to acquire knowledge from business concepts in digital environment, applications and

technology. Students will be trained to independently implement and deploy modern business model services in a

digital environment.

Course outcomes

Possessing the ability to understand the basic concepts, elements and business models in the digital environment through applications in various business domains such as: electronic commerce, banking, accounting, auditing,

education, public administration.

Course contents

Overview of business models in a digital environment. Internet Web and mobile platforms as the basis for

business in a digital environment. Building, setting up and maintaining a business support system, content

management and two-way communication with consumers. Advance software systems in digital environment.

Optimizing and transforming business functions using modern solutions. Business Intelligent Systems. Security

and protection of business systems. The impact of the digital environment on the stakeholders. Formulating and

applying critical factors for successful business, measuring the impact of the digital environment on business and

making strategic decisions. Use of modern software tools for applying business models in a digital environment.


1) Oswald, G., Kleinemeier, M. (2017) Shaping the Digital Enterprise: Trends and Use Cases in Digital

Innovation and Transformation, Springer International Publishing 2) Tesch, J. (2019) Business Model Innovation in the Era of the Internet of Things: Studies on the Aspects

of Evaluation, Decision Making and Tooling, Springer International Publishing

3) Hjalmarsson, A., Juell-Skielse, G., Johannesson, P. (2017) Open Digital Innovation: A Contest Driven

Approach, Springer International Publishing

4) Schallmo, D., Williams, C. (2018) Digital Transformation Now: Guiding the Successful Digitalization of

Your Business Model, Springer International Publishing

5) Tesch, J., Brillinger, A., Bilgeri, D. (2017) Internet of Things Business Model Innovation and the Stage

Gate Process: An Exploratory Analysis, International Journal of Innovation Management , Vol. 21, No.

5

6) Eisert, U., Doll, J. (2015) Business Model Based Management: Bridging the Gap between Strategy and

Daily Business. 360° - the Business Transformation Journal. No.14



Lectures, case studies, project assignments, presentations, consultations





Total: 50 Total: 50

Course title: ACCOUNTING ANALYSIS

Teacher/-s: Goranka Knežević, Predrag Vukadinović, Nemanja Stanišić


ECTS credits: 10

Prerequisite: /

Course objectives

Doctoral students will critically evaluate corporate efficiency, profitability, liquidity and risks of

indebteness by the usage of traditional ratio analysis;

Doctoral students will gain deeper understanding of qualitative analysis of industry, competition and

business model which affects corporate value creation;

Doctoral students will be able to quantify corporate business performance by the usage of contemporary

performance measurement models;

Doctoral students will gain an understanding of value drivers such as innovation, corporate agility and

human capital from accounting and analytical perspective.

Course outcomes

Doctoral students will be able through thought-provoking discussions to gain an understanding of the

evolution of performance measurement models from traditional to contemporary, from focusing

financial to focusing non-financial performance measures;

Doctoral students will obtain practical knowledge and skills for the implementation of contemporay

performance measurement models (Business excellence model, Balanced Scorecard, Performance

Pyramid etc.)

Doctoral students will be able to practically implement predictive and analytical models and to estimate

the value of business and business drivers

Course contents

Short overview of IFRS and US GAAP professional regulation and its impact on financial statements and traditional ratio analysis, Benchmarking performance and competitive analysis, development of predictive and

analytical models for business valuation, Business performance management, Dashboards and key performance

indicators, contemporary performance measurement systems (Business excellence model, Balanced Scorecard

model, Performance Pyramid etc.)


1) Young, D., Cohen, J., Bens, D.A. (2018) Corporate Financial Reporting and Analysis: A global

perspective, 4edition, New York, Wiley.

2) Alexander, J. (2018) Financial planning &analysis and Performance Management, New York, Wiley.

3) Holland, D. A., Matthews, B.A. (2017) Beyond Earnings: Applying the HOLT CFROI and Economic

Profit Framework, New York, Wiley.



Lectures, case studies, project assignments, final exam





Total: 50 Total: 50

Course title: ECONOMETRIC MODELLING

Teacher/-s: Nemanja Stanišić, Biljana Radičić


ECTS credits: 10

Prerequisite: /

Course objectives

The objective of the course is to make students familiar with econometric concepts and the related methods that

are used in contemporary empirical research.

Course outcomes

At the end of the course, students will be able to collect and pre-process empirical data appropriate for tackling

their research questions, choose a quantitative method that suites the goals of their research, implement the

method using specialized statistical/econometrical software, present and correctly interpret the output obtained

from the method, and acknowledge the method’s key limitations.

Course contents Principles of econometric analysis; Principles of data visualization and presentation; Types of variable

distributions; Variable preprocessing; Best practice in presenting output from econometric models. Analysis of

panel data (Hierarchical models, Generalized method of moments [GMM] estimators); Time series modeling

(Stationary processes, Autoregressive processes, Processes modeled using moving average [MA], Autoregressive

moving average [ARMA] models, Autoregressive integrated moving average [ARIMA] models, Autoregressive

conditional heteroscedasticity [ARCH] models, Generalized autoregressive conditional heteroscedasticity

[GARCH] models, Cointegration analysis); Nonparametric methods (locally estimated scatterplot smoothing

[LOESS], Locally weighted scatterplot smoothing [LOWESS], Splines, Penalized Splines); Copulas; Monte

Carlo Markov Chains (MCMC).


1) Croissant, Y., & Millo, G. (2018). Panel Data Econometrics with R. John Wiley & Sons.

2) Stoffer, D. S., & Shumway, R. H. (2017). Time series analysis and its applications: With R examples. 3) Moore, D. S., McCabe, G. P., Duckworth, W. M., & Sclove, S. L. (2016). The practice of business

statistics. New York, NY: Freeman.

4) Newbold, P., Carlson, W., & Thorne, B. (2012). Statistics for business and economics. Pearson.

5) Anderson, D. R., Sweeney, D. J., Williams, T. A., Camm, J. D., & Cochran, J. J. (2016). Statistics for

business & economics. Nelson Education.

6) Özdemir, D., & Özdemir. (2016). Applied statistics for economics and business. Springer.

7) McElreath, R. (2016). Statistical Rethinking: A Bayesian Course with Examples in R and Stan (Vol.

122). CRC Press.

8) Finch, W. H., Bolin, J. E., & Kelley, K. (2016). Multilevel modeling using R. Crc Press.

9) Ruppert, D., & Matteson, D. S. (2015). Statistics and Data Analysis for Financial Engineering. (R.

DeVeaux, S. E. Fienberg, & I. Olkin, Eds.) (2nd ed., Vol. 102). New York, NY: Springer New York.

http://doi.org/10.1007/978-1-4939-2614-5


Applicable Teaching Methods: Lectures, consultations, project assignments, final exam.





Total: 50 Total: 50

http://doi.org/10.1007/978-1-4939-2614-5

Course title: RESEARCH PAPER 2



ECTS credits: 4

Prerequisite: The second semester courses – which have been successfully completed

Course objectives

Research paper 2 is the act of examining the candidate at the level of doctoral studies and the second important

verification of their work guided by the mentor. Research paper 2 is project work that encompasses practical

problems that should include the knowledge from previously mastered courses Contemporary financing theories,

Business models in a digital environment and the elective course Accounting analysis or Econometric modelling.

This research paper serves the purpose to prove the autonomy of the candidate in performing a more complex and

comprehensive analysis of a problem.

Course Outcomes By conducting research, the candidate is able to learn, formulate and process a scientific research problem,

respecting the general theoretical methodological frameworks of scientific research. The candidate is qualified for

the:

the application of the acquired knowledge in solving real problems;

independent research in the domain of the studies he\she attends;

presentation of the results of their work;

Course Content

The work on Research paper 2 is independent, practical work of the candidate guided by the mentor who leads

the candidate through the whole process, i.e.:

the topic selection;

formulating the content and structure of the paper,

defining methodology (objectives, subject matter and methods),

selection of the way of problem processing, the collection of relevant data, the data processing, the

data analysis and the verification of research hypotheses,

final design of research paper.

Research paper 2 serves the purpose to acquaint the candidate with the methodology of working on scientific-

research projects. It proves that the candidate has mastered the theoretical knowledge of the research, theoretical

knowledge in the field in which he/she is engaged and successfully completed the research process through

problem detection, theoretical problem processing, research part through the plan of realization and organization

of research and final written process.

After conducting the research, the student prepares the final paper in the form that usually consists of the

following chapters: introduction, theoretical-methodological framework, analysis, results and discussion,

conclusion and literature review.




Group of authors, Available literature for the scientific field from which the study-research work is.

Active teaching hours (total): 5 Theory: Practice/Active independent/supervised

work: 5




Research work presentation, oral exam.

Course title: CONTEMPORARY INVESTMENT THEORIES

Teacher/-s: Nikola Stakić, Zoran Jeremić


ECTS credits: 8

Prerequisite: /

Course objectives

Acquiring knowledge on the basic theories and strategies of investing in different financial instruments,

currencies and crypto currencies, real estate and other assets, with the focus on the changes that bring into the

investment the rapid development of technologies.

Course outcomes

The ability to apply modern investment theory in an environment that is rapidly changing.

Course contents

Investment theories and strategies; Application of fundamental and technical analysis; Application of behavioral

theories in investing; Analysis of securities on the Belgrade Stock Exchange and foreign stock exchanges; Investing in technology companies, investing in currencies and crypto currencies. Working with students through

a case study analysis.


1) Bodie, Z., Kane, A., Marcus, A. (2018) Investments, Mc Graw Hill, 11 еdition

2) Smart, S., Gitman, L., Joehnk, M. (2016) Fundamentals of Investing, Pearson; 13 edition

3) Zhonga, X., Enkeb, D. (2017) Forecasting daily stock market return using dimensionality reduction,

Expert Systems with Applications, 67, pp.126-139

4) Hamilton, J., Wu, J. (2015) Effects of index fund investing on commodity futures prices, International

Economic Review, 56 (1), pp. 187-205

5) The future of financial services, World economic Forum, June 2015

6) The future of capital markets in digital economy, ASIC, 2015. 7) Fintech reloaded - Traditional banks as digital economy, Deutsche bank research, 2015.








Total: 50 Total: 50

Course title: CONTEMPORARY TRENDS IN THE GLOBAL ECONOMY

Teacher/-s: Sanja Filipović, Stevan Rapaić


ECTS credits: 8

Prerequisite: /

Course objectives

The objective of the course is to provide students with theoretical knowledge in the field of international

economics, with special emphasis on current developments in international trade and international movements of

capital. In addition to examining the basic concepts related to global economics and economic policies, the

objective of the course is to familiarize students with the most important world economic systems, the

functioning of international economic institutions, and the purpose and the tendency of regional economic

integrations.

Course outcomes The main outcome of the course is to train students for a correct and quality analysis of contemporary trends in

the global economy, in order to prepare students for further study and scientific research in the field of

international economics. The course allows students to understand contemporary phenomena in the global

economy and competently interpret them.

Course contents

Globalization and trans-nationalization of the world economy; theories of international trade; current problems

and challenges in the international economy; economic growth and international trade; foreign trade policy and

the World Trade Organization; customs, non-tariff barriers and new protectionism; economic integration, customs

and free trade zones; international movement of capital; foreign direct investment and economic development of

the host country; international monetary system; systemic changes in the global economy; China as a new leader

in the world economy; Serbia in international trade. Work with students through the analysis of case studies,

foreign trade policies, macroeconomic trends, the functioning of international organizations and other multilateral institutions that affect the world's flows of economy and capital.


1) Salvatore, D., 2016, International Economics, 12th Edition, John Wiley and Sons, Hoboken, NJ.

2) Arvis, J.F., Ojala, L., Wiederer, C., Shepherd, B., Raj, A., Dairabayeva, K. and Kiiski, T.,

2018. Connecting to Compete 2018: Trade Logistics in the Global Economy. World Bank.

3) Varoufakis, Y., 2015. The global minotaur: America, Europe and the future of the global economy. Zed

Books Ltd..

4) Forsgren, M., 2017. Theories of the multinational firm: A multidimensional creature in the global

economy. Edward Elgar Publishing.

5) Yeung, H.W.C., 2016. Strategic coupling: East Asian industrial transformation in the new global

economy. Cornell University Press.

6) Smith, R., El-Anis, I. and Farrands, C., 2017. International political economy in the 21st century:

Contemporary issues and analyses. Routledge. 7) Matsushita, M., Schoenbaum, T.J., Mavroidis, P.C. and Hahn, M., 2015. The World Trade Organization:

law, practice, and policy. Oxford University Press.



Lectures, case study, project assignments, presentations, consultations





Total: 50 Total: 50

Course title: ACCOUNTING FOR STRATEGIC DECISION MAKING

Teacher/-s: Vule Mizdraković, Goranka Knežević


ECTS credits: 10

Prerequisite: /

Course objectives

To examine and apply management accounting within a coherent theoretical framework

To deliberate upon traditional and contemporary management accounting techniques in multi product

business environment and service environment

To critically evaluate performance measurement techniques to improve sustainability of value creating

activities in organization

To use contemporary research in the field of strategic management accounting

Course outcomes

Doctoral students will acquire understanding of stakeholders’ various decision-making needs and

provide adaptive management solutions

Doctoral students will be able to critically evaluate cost allocations in different business environment

(service, manufacturing and merchandising business) in order to grasp differences in cost drivers and

value drivers

Doctoral students will be able to use management accounting information in the process of creation of

competitive corporate strategies,

Doctoral students will be able to critically analyse management accounting techniques and to test

theoretical foundations of those techniques using results of reserach in this area

Course contents Information needs of strategic management; issues and limitations of conventional accounting; disadvantages of

external financial reporting and management accounting; strategic management on the basis of accounting

information. Cost behavior and allocation; profitability analysis and measurement of financial and non-financial

performance; anticipation of future performance, budgeting, practical implementation and critical overview of

following concepts: Balanced Scorecard, Kaizen Costing, Target Costing, Customer Profitability Analysis

Recommended literature:

1) Zimmerman, J. (2017) Accounting for Decision Making and Control. McGraw-Hill: New York

2) Weygandt, J., Kimmel, P. and Kieso, D. (2018) Managerial Accounting: Tools for Business Decision

Making. Wiley: New York.

3) Bamber, M. And Parry, S. (2018) Accounting and Finance for Managers: A Decision Making Approach.

Martin P Hill Consulting: London.





Pre-exam Requirements Final exam:

Attendanceand in-class: 10 Exam 50

Project assignment: 40 Total: 50 Total: 50

Course title: FINANCIAL ENGINEERING

Teacher/-s: Lidija Barjaktarović, Nikola Stakić


ECTS credits: 10

Prerequisite: /

Course objectives

Students should become conversant with quantitative techniques for the value assessment of financial instruments

and with the methods for the value assessment based on probability. They should also learn about most frequently

used techniques for credit risk assessment and the models for assessing financial derivatives.

Course outcomes

Upon the completion of the course, students shall:

obtain knowledge of contemporary methodology of assessing financial instruments

develop logical thinking skills in the field of assessing financial instruments that will be useful for solving the issues they might encounter

understand and be able to apply valuation techinques on most important types of financial derivatives

Course contents

Securitization - structure, forms, participants and instruments; Valuation of forward rate agreement (FRAs);

Evaluation of futures contracts with different types of underlying assets, Evaluation of European and American

type of options using a binomial model (one-node, two-nodes and more complex forms); Evaluating the option

using the BSM (Black-Scholes-Merton) model; Strategies for using options contract, valuation of foreign

exchange and interest swaps; The concept and forms of credit derivatives; Valuation of CDS (Credit Default

Swap) contract; Convertible, callable and puttable bonds; Exotic derivative products, Financial markets’

efficiency and its impact on valuation


1) Boyle, P, & McDougall, J. (2019). Trading and pricing financial derivatives: A guide to futures, options

and swaps, Walter de Gruyter Inc

2) Gatti, S, & Caselli, S. (2017). Structured Finance: Techniques, Products and Market, 2nd Edition,

Springer

3) Buchanan, B. (2017). Securitization and the Global Economy: History and Prospects for the Future,

Palgrave Macmillan

4) Chan, B.K.C. (2017). Applied Probabilistic Calculus for Financial Engineering, John Wiley & Sons, Inc





Pre-exam Requirements Final exam Attendance and in-class activity 10 Exam 50


Total: 50 Total: 50

Course title: RESEARCH PROJECT



ECTS credits: 4

Prerequisite: The first, second and third semester courses – which have been successfully completed

Course objectives

The aim of Research project is to enable students to expand existing knowledge and to gain experience in solving

certain scientific and research problems from the selected field of research. Research project examines the

independence of the candidate to analyze complex problems based on the application of basic, theoretical and

methodological, scientific-professional and professional-applied knowledge and methods. Analysing literature

and applying scientific methods, research work allows creative solution of research tasks that can be applied in practice. The Research project is a continuation of the study research work from the second semester.

Course outcomes

By developing a research project, a student is going to be able to process a scientific research problem, respecting

the general theoretical methodological frameworks of scientific research work. The candidate is qualified for

independent research work, application of acquired knowledge and presentation of the results of his / her work.

Course Content

Research project is conducted independetly by a student and coordinated by the student and their mentor. The

mentor provides guidance to the student in his work and provides him with assistance in the entire process of

writing through the selection of a thesis topic, setting the goal, the subject of work, the methods and ways of solving it, the choice of a way of investigating a problem, and through the process of collecting, investigating,

analysing and verifying by using research methods and the final design of the research work. Within the

framework of the study research project, the student also consults other teachers who work in the field their thesis

deals with. Within the given topic, students conduct scientific research based on the application of scientific

methods. The practical part includes collecting data from primary and secondary sources and investigating data

using different quantitative methods. After conducting the research, candidates prepare their study research

project in the format containing the following chapters: Introduction; Theoretical part; Research part, Results and

discussion; Conclusion; Reference.


1. Group of authors, Available scientific journals.

2. Group of authors, Available literature for the scientific fields from which the dissertation is.

Active teaching hours: 5 (total) Theory: Practice/Independent/Supervised Work: 5




Pre-examination obligations involve the preparation of work (50 points) and the oral exam (50 points).

Course title: SCIENTIFIC-RESEARCH PROJECT WITH METHODOLOGY - ACCOUNTING AND

AUDITING

Teacher/-s: Goranka Knežević, Vule Mizdraković, Nemanja Stanišić, Predrag Vukadinović


ECTS credits: 30


Course objectives

Acquiring practical knowledge and skills in the use of literature in the field of accounting and auditing, defining

the problems and goals of the scientific research project in the field of accounting and auditing and the

appropriate scientific methodology that will be used for its solving. Introducing students with basic methodological postulates, basic logical methods of research, methods and techniques for collecting, analyzing

and exploring scientific work in social sciences, as well as with the structure of scientific research and phases in

the scientific research process.

Course outcomes

Competence for independent scientific and research work in the field of accounting and auditing and application

of research results in concrete economic practice.

Course Content

Objectives and principles of the scientific methodology, goals and elements of the research project, methods and

techniques for data collection for the needs of the research project, presentation and analysis of research and case

studies in the field of accounting and auditing. Research formulation, data collection, data analysis, hypothesis proving.




Group of authors, Available literature for the scientific fields from which the dissertation is.

Active teaching/learning hours:

20 (total)

Theory: 5 Practice/Independent/Supervised Work: 15




Presentation of study-research work, oral exam.

Course title: SCIENTIFIC-RESEARCH PROJECT WITH METHODOLOGY - FINANCE AND

BANKING

Teacher/-s: Miroljub Hadžić, Zoran Jeremić, Tijana Radojević, Lidija Barjaktarović, Nikola Stefanović, Nikola

Stakić, Stevan Rapaić


ECTS credits: 30


Course objectives

Acquiring practical knowledge and skills for the use of literature in the field of finance and banking, defining the

problems and goals of the scientific and research project in the field of finance and banking and the appropriate

scientific methodology that will be used for its solving. Introducing students with basic methodological postulates, basic logical methods of research, methods and techniques for collecting, analyzing and exploring

scientific work in social sciences, as well as with the structure of scientific research and phases in the scientific

research process.

Course outcomes

Ability to use and critically review scientific literature, independently design and carry out scientific research in

the field of finance and banking as an applied economic science, as well as their application in economic practice.

Course Content

Objectives of the methodology of scientific research and its constituent parts and principles. Epistemological

basics of research in economics. Logical methods of research. Methods and techniques for the collection, analysis and explication of scientific material in finance and banking, as applied economic science, as well as the basic

phases in the scientific research process. Application of scientific methodology to a real problem in the field of

finance and banking.




Group of authors, Available literature for the scientific fields from which the dissertation is.

Active teaching/learning hours:

20 (total): 20

Theory: 5 Practice/Independent/Supervised Work: 15



Grading Scheme (max. 100 points) Presentation of study-research work, oral exam.

Course title: DOCTORAL THESIS RESEARCH

Teacher/-s: Chosen teacher/supervisor


ECTS credits: 30

Prerequisite: All previous semesters courses which have been successfully completed

Course objectives

The aim of this course is to make students competent to apply basic, theoretical, methodological, scientific and

professional knowledge and methods for solving specific problems within the selected area of research. Within

doctoral thesis research, students are especially studying the problem, its structure and complexity, and based on

these analyses, they bring conclusions about the possible ways of solving it and making appropriate strategic, operative decisions. Through the study of literature, students are introduced to methods assigned for solving

similar tasks and deal with the practice in their solving.

Course Outcomes

It is expected that students will be qualified to:

independently apply previously acquired knowledge for the sake of the examination of the structure of

the given problem and its systemic analysis with the aim of bringing conclusions concerning possible

ways of solving them,

while using literature independently, students are expanding knowledge related to the specific area,

perform independent research work,

present results of their work.

Course Content

Doctoral thesis research is the independent work of the candidate through coordinated work of candidates and

mentors. The mentor guides the candidate through his work and helps him/her throughout the entire process of a thesis completion:

selection of a thesis topic,

formulation of a thesis content,

setting up objective, subject matter and methodology,

selection of problem-solving methods, collection, processing, analysis and verification through the use

of appropriate scientific methods,

the final research work design.

The doctoral thesis research represents the research work of the candidate through which he/she becomes

acquainted with the methodology of work on scientific-research projects. This research proves that the candidate

has mastered the theoretical part of the research, theoretical knowledge related to the chosen area, and that he/she

successfully completed entire research process through:

detecting problems,

processing of problem from the theoretical point of view,

the research section – organization and realization of research,

the thesis completion process.




Active teaching/learning hours

(total): 20

Theory: Practice/Independent/Supervised Work: 20


Candidate’s independent research work.


Pre-examination obligations Final exam

Research work 50 Exam 50

Course title: PREPARATION AND DEFENSE OF DOCTORAL THESIS Teacher/-s: A group of teachers who meets the mentoring requirement Course status: Compulsory ECTS credits: 30 Prerequisite: Students must pass all the exams

Course objectives

Acquiring knowledge about the structure and form of writing a thesis report after analysis, and other activities

carried out within the assigned topic of the doctoral thesis. By writing the doctoral thesis, students gain

experience for creative work, writing papers in which it is necessary to describe the problem, implement methods

and procedures and results obtained, as well as to give new scientific contribution to the science development and

to the application of the scientific research in practice. In addition, the goal of writing and defending a doctoral thesis is to enable students for independent paper preparation in a suitable form for the purpose of public

presentation, as well as to respond to comments and questions related to the given topic.

Course Outcomes

Students are enabled for a systematic approach in solving the given problems, carrying out analyses, applying

knowledge and accepting knowledge from other areas in order to find creative solutions for a given problem.

Through independent studying/work and by solving tasks in a given topic, they acquire the knowledge about the

complexity of the problems in the field of their profession. While working on the doctoral thesis, students gain

experiences that can be applied in practice when solving problems in the relevant field/-s. Students acquire all the

necessary experience on how to present the results of independent or team work in practice by preparing the

results for public defense, by the public defense itself, and by answering questions of the Defense Committee.

Course Content

The Content is formed individually, in accordance with the needs and the field examined by a given doctoral

thesis topic. In agreement with a mentor/supervisor, a student completes the doctoral dissertation in a written form in accordance with the rules provided by Singidunum University. The student prepares and defends the

written doctoral thesis in public, in agreement with the mentor and in accordance with the prescribed rules and

procedures.


Singidunum University library Group of authors, Available scientific journals.

Group of authors, Available literature for the scientific field from which the dissertation is.

Active teaching/learning hours

(total): 20

Theory: Practice/Independent/Supervised Work: 20


Independent research work of a candidate. During the elaboration of the doctoral thesis, students consult their

mentor, and other teachers (if necessary) dealing within a sphere of the doctoral thesis. Students write the

doctoral thesis, and, upon the defense committee approval, submit bound copies to the committee. The defense of

the doctoral thesis is performed in public, and after the presentation, students are obliged to orally answer the

questions asked by the Committee.


Oral defense of doctoral thesis.

course title: quantitative methods for scientific …€¦ · preparation and presentation of...

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