financial management marketing management · 2018. 6. 2. · vice-dean for academic affairs jasmina...

COURSE HANDBOOK

FINANCIAL MANAGEMENT MARKETING MANAGEMENT

Stage/Year 1

Semesters 1 and 2

Academic Year 2012 – 2013

STUDENT HANDBOOK 2

Welcome to the School of Economics and Business in Sarajevo (SEBS)

The School of Economics and Business in Sarajevo (SEBS) would like to take this opportunity to welcome you to a new academic year at the School. This Course Handbook is designed to provide you with information and faculty guidelines that you need to be aware of. Included are details relating to your syllabi, coursework, and academic calendar along with important regulations and other information you might find helpful. We hope that you will enjoy your time at School of Economics and Business Sarajevo, and wish you every success throughout this academic year!

SCHOOL OF ECONOMICS AND BUSINESS

Position Name Room(s)* Email Phone

Dean Zeljko Sain 4 [email protected] 033 275 906

Vice-Dean for Finance Dzafer Alibegovic 3 [email protected] 033 275 906

Vice-Dean for Academic Affairs Jasmina Selimovic 4 [email protected] 033 275 906

Vice-Dean for Student Affairs and Mobility

Ensar Sehic 3 [email protected] 033 275 906

Programme Director Veljko Trivun 39 [email protected] 033 275 931

Programme Academic Affairs Emir Agic 54 [email protected] 033 275 958

Programme Financial Affairs Dzafer Alibegovic 3 [email protected] 033 275 906

Programme Administrator Tea Miokovic 37 033 275 991

Admission Office Jasmina Bajrektarevic 10 [email protected]

033 275 927 033 275 968

Library and Information Center Biserka Sabljakovic 11 [email protected] 033 275 952

Quality Management Office Alma Vranic [email protected] 033 564 366

Management and Information Technology Center

Tihomir Veselinovic [email protected] 033 251 881

International Office Vanja Kenjic 45 [email protected] 033 275 922

Career Center Emir Kurtic A4 [email protected] 033 275 762

Public Relations Office Lejla Halidovic 12 [email protected] 033 253 786

* Rooms located at the main building (Trg oslobodjenja – Alija Izetbegovic 1)

mailto:[email protected]















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Guidelines & Regulations

SEBS information and regulations are set out below and are designed to supplement the 2011/12 Student Handbook. Business students are bound by these and all University of Sarajevo and School of Economics and Business policies and regulations as outlined in the relevant rules, statutes and laws: Law on Higher Education (The Official Gazette of Canton Sarajevo, issue 43/08), Framework Law on Higher Education in B&H (The Official Gazette of B&H, issue 59/07), Rules of study for the first cycle etc. Attendance: Attendance at all lectures and tutorials is compulsory. The SEBS monitors student attendance throughout the year via electron card. The School requires that students attend no less than 70% of all scheduled classes per semester. Please note that any sustained period of unexplained or unauthorized absence or lack of participation will have to be investigated and may be subject to disciplinary procedures and/or reported to the relevant authorities if applicable. Student would not be allowed to have assessments or exam in related subject. Poor attendance may also be taken into account if a student’s academic work is of borderline status at the end of the year and/or where a reference is required. Absences:

If there is a legitimate reason for missing a scheduled class, students must notify the Administrative Coordinator. A medical certificate must support all absences due to illness within 5 working days of the initial illness. Medical certificates submitted after this may not be accepted. Holidays:

Students are required to attend all lectures, tutorials, workshops, class tests, formal exams, etc, and are not permitted to take holidays during the academic year, except during designated semester breaks. Please see Academic Calendar below. Punctuality:

Students are required to present themselves for all scheduled classes at the appointed time. Being late is disruptive to the class and is not excusable without legitimate reason. Being late repeatedly may result in an absent mark being registered for a student for that class.

Participation:

All students are not only required to attend but are also required to participate in all tutorials, presentations, workshops and other classes and coursework timetabled for the program of study. To ensure appropriate participation, students are also expected to provide themselves with materials (such as text books, manuals, notebooks, educational instruments, pens, calculators, etc.) stipulated by the lecturers/Faculty as essential to the course of study. Class Timetables: Class timetables are available on http://raspored.efsa.unsa.ba and the notice boards. Please note that timetables may be subjected to change particularly at the beginning of each semester and it is therefore important that you regularly consult the Faculty notice boards and Moodle. Please see Academic Timetable below.

http://raspored.efsa.unsa.ba/

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Computer Use: The School’s rules define proper and improper email and network usage behavior and are there to ensure your rights as a network user to privacy, fair use and protection from offensive, obscene or abusive material. They also meet the needs of the School network community to share resources in an effective way that will benefit all users and avoid excessive or unnecessarily large traffic, and protect the safety and integrity of our network. As a SEBS student you must employ the SEBS network and computing resources as tools to conduct your coursework in an efficient, ethical and lawful way and adhere to the guidelines outlined in the rules. Contact Details It is your responsibility to inform the Students’ Admission Office of any changes to your contact details such as address, email address, phone number, etc. Library Use: The School’s Rules of Procedure of the Library and Information Center also applies to FM students and contains the rules concerning the use of library facilities and borrowing. Library membership card is a prerequisite for gaining access to library material, equipment and copy services. Access to library material, use of the equipment and copy services are free of charge. Loan periods and maximum number of borrowable books per student are defined by the Rules. Borrowers who fail to return books in a defined loan period may be invoiced for the full cost of replacement. The librarian has discretion to restrict certain books held by the SEBS from being borrowed, i.e. books in heavy demand. The librarian also has a right to demand an appropriate cash deposit from the user when borrowing the last/mandatory copies of books. Library users will be held responsible for any damage caused to the library equipment other than fair wear and tear. Copying from materials supplied by SEBS must comply with the terms of current B&H copyright law and with Faculty Licenses governing the use of such materials and services.

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Student Services and Resources

Students’ Admission Office In 2005/06 academic year the Student’ Admission Office of School implemented application „Student Service of Integrated Sarajevo University - ISSS“, which monitors each student and the course of study from enrolment to graduation. The student kiosk should be specially emphasized. It enables administrative tasks to be completed on-line. Otherwise, the students would have to come to the Student’s Admission Office and perform these tasks via the Internet, including the registration for examination period, selection of elective subjects and course subject that the student is allowed to transfer in the next year, registration of various certificates. The access to application is enabled via web page: www.isss.ba. Work of the Students’ Admission Office is primarily oriented to contacts with the undergraduate and postgraduate students in Sarajevo and undergraduate students within the out-of-School teaching processes organized in the town of Goražde. This segment includes all administrative jobs related to students (application for the public competition for enrolment to School, providing all types of information, managing student records, issuing various forms of certificates) until they complete undergraduate studies, that is, earn the academic title of Master and PhD in Economics (DEc); cooperation with students and academic staff, cooperation with student organizations. The work with students includes:

1. Information on study – information on School for the high school graduates regarding the enrolment to the first year of study. Every academic year, the Service prepares the bulletin containing information on enrolment in the School. Enrolment information can be obtained by phone inquiry and e-mail inquiry. General information is available at the School of Economics and Business in Sarajevo web page.

2. Admission of candidates – is performed pursuant to the quotas defined by the Ministry of Education and Science of Sarajevo Canton and Sarajevo University, based on submitted enrolment requirements. In the course of enrolment, academic achievements and results in the previous education level are taken into consideration as well as the results of admission/entrance exam. The Academic Council establishes a Candidate Admissions Committee. Also, the terms and dates of admission exams are defined, as well as the members of the committees for assessment and evaluation of admission exam of a candidate. Based on the results, the rank list of candidates is produced and is used as a basis for enrolment.

3. Enrolment and registration of students – admitted candidates submit the necessary enrolment documentation (matriculation book, 2 photographs, medical certificate, etc). Students who are enrolled for the first time are registered in the Matriculated Students Record Book and in ISSS application. The Dean welcomes students on the first lecture and hands them over matriculation books and passwords to access ISSS application.

4. Enrolment and registration of students in higher semesters – the students who have earned the right to enroll in higher semesters submit the documentation necessary to verify the semester. Following this they register into the ISSS application. The students have to meet the following requirements:

a. For enrolment in the next year of study: the student is allowed to enroll in the next year if s/he fails to pass only one exam in the previous year, meaning 6 ECTS credit points at maximum.

5. Monitoring of registering and taking an exam – the students register themselves for examination via the ISSS application. Once the teacher/professor obtains exam results, s/he registers the grade in ISSS application – thus finalizing the exam. After this, the Student Service prints the exam registration forms, submits it to the teacher for a signature, and then it is filed in the student’s record.

6. Application to register for defense of diploma paper and defense of final paper – after the student passed all exams required by the curriculum, s/he opts for a topic with her/his mentor to defend her/his diploma paper. Once the mentor signs approval for diploma paper defense, the Dean for Academic Affairs establishes Diploma Paper Defense Committee. The service controls student records (control of registration of signatures, enrolment forms and payment slips) and composes the Record on Diploma Paper Defense, which contains all relevant data for diploma paper defense. Following the defense, the student produces the Record signed by the Committee. Following this, the Service issues Graduation Certificate and Exam Certificate, including the average grade in the course of the study. The courses and subjects taken, as well as the grades student received during the study are registered in

http://www.isss.ba/

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Matriculated Students Record Book in which the student was registered at the enrolment. The student is registered in the Book of Graduates, where ordinal number is entered. This number also represents the number of the student’s diploma, student’s name and surname, date of graduation and Diploma Paper Defense Committee.

7. Issuing diplomas (Undergraduate Commencement ceremony) – is organized at the level of University in the course of year, based on the data submitted from all faculties. In addition to diploma, the student is given the Diploma Appendix that includes all information on the development of student’s study.

8. Various activities – the contact with the Ministry of Education and Science of Sarajevo Canton (submission of data on the number of enrolled students, the data on representation of cantons and other relevant data); the contacts with the University in Sarajevo (submission of data on the number of the enrolled students, level of students’ success and other activities as required); cooperation with the Federal Bureau of Statistics (statistical data on enrolled students and graduates); cooperation with Interpol, Federal Ministry of Internal Affairs, foreign organizations, embassies.

Addressing the requests of beneficiaries

The procedure of addressing the requests of beneficiaries of Admission Office includes:

Issuance of certificates and other documents,

Transfer from other faculties,

Contacts with former students and graduates,

Continuation of study

Certificates

Verification of curriculum

Copy of Diploma

Resignation request,

Complaints,

Various activities. Issuance of certificates and other documents – is performed via the ISSS application where the student submits a request for issuance of a specific certificate, which is then processed and verified by the Office. This includes various certificates on the studen’t status, exam certificates etc. Diploma Nostrification (Recognition) and Equivalence of Exams – The procedure of Nostrification of diplomas and equivalence of exams is provided for in the Law on Nostrification (Recognition) and Equivalence of School Leaving Certificates (Official Gazette of SR BiH“No. 7/88) and Rule Book on Nostrification of Diplomas and Equivalence, which was adopted in 1999. All activities of Admission Office and planning of teaching are monitored by the Service Manager who submits a report to the Dean for Student Affairs and Mobility as required /or at the request notifies the Dean. Library and Information Centre The services of Library and Information Centre (LIC) are provided in a way to enable legal and efficient access to knowledge sources, information, and cultural contents for the purpose of acquiring education, producing expert and scientific paper, lifelong learning, informing and decision making, in order to efficiently satisfy the needs and desires of users regarding information. The Library service users are students, teaching staff, administration and management of the School and its components and wider community. The LIC provides following services: book rental and rental of information materials and contents, information services, inter-librarian loan, search of data bases with integrated text, and electronic edition of Bibliography of School of Economics and Business in Sarajevo. The Library holdings are protected by electronic book protection system, and data are monitored through on-line catalogue that is accessible via COBISS system.

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The process of acquisition of library materials and contents is implemented in a way to enable legal and efficient access to knowledge source, information, and cultural contents. The purpose of this process is to enable the interested parties to acquire knowledge, professors and teachers to develop and produce scientific and expert papers and to enable other interested parties to benefit from that. If the Library and Information Centre lacks sufficient quantity or number of requested publications, the librarian sends request for quotation. Education of Users and Promotion of Library Holdings The analysis of a user’s needs and desires is the first step in the process of educating the user. The information on the needs of users are collected through questionnaires provided at the Library Info Stand where students can put their comments, complaints, commendations, in a small box. An option is given to submit on-line proposals for purchase of library materials and to submit inquiries to the employees of LIC by using the Ask a Librarian service. Students may also participate in the procurement practice of LIC by using the book order forms. LIC organized education of its users based on identified needs. The user may submit an inquiry or request to the librarian. Following this, the librarian familiarizes the user with the Library and its services, Library holdings and materials (primary and secondary publications, referential collection, sources of information in various media, special collections), Library catalogues and the methods to use it, on-line data bases and their search available through electronic magazines and other electronic documents and ways to search it, the search of COBISS and other on-line catalogues. The employees of LIC design and present promotional Library materials in printed and digital version; promotional materials are distributed to each new member of the Library; LIC employees participate in scientific - research projects of the School; the new, and the old members of teaching staff are regularly introduced and updated with the Library, its collections and services; the Library sends notifications on recent acquisitions, and library activities, published papers and works of professors and assistant lecturers in referential scientific magazines and on events that might be of interest to all stakeholders in education system. The results of process of education of users and promotion of Library materials are evaluated by conducting a survey. The results of a survey are presented after the processing of data. These results are used as a basis to define measures to improve the work.

Career Centre

Career Centre provides various forms of support to the students in the course of studying. The process of education and professional development of student begins when the student comes to inquire in the Centre or when one sends an e-mail. Upon the reception of request/inquiry, the employee of Centre provides a student with a necessary piece of information. Should a student send a request which does not come within the competence of an employee, the employee makes appointment for the student, enabling her/him to talk to the Centre Manager, not later than 3 days upon the reception of the request. The employees of the Centre provide the following forms of support to the students of the School - familiarization of the first-year students (freshmen) with the structure and mode of the School’s organization (development and printing of guidebook); student mentorship – instructions, linking the students in lower years with the students in higher years to help them by sharing experience, knowledge and contacts; provision of additional educational support for student (preparatory activities for employment, volunteerism, internship, support in development of seminar and diploma papers - data bases search, information sources, methodological framework, the modes of quoting), research. Each student who contacts the Centre is given an opportunity to register in data base (name and surname, e-mail, phone number, year of study and branch/course of study), and to send filled CV form to the address of the Centre. The Centre Manager has exclusive access to the obtained information for the purpose of informing (mailing list) the students on actual advertisements, opportunities, scholarships etc.

STUDENT HANDBOOK 8

The employees of the Centre keep records on the students that have the grade point average (GPA) ranging from 9.0 to 9.5 and 9.5 and more. This list is called “The Dean’s Student List”. The students listed in this list may get the opportunity to find employment in the School, to receive annual award with commendation or to be recommended to the companies interested to provide scholarships for gifted students. The Centre Manager informs the Dean for Student Affairs and Mobility on all activities within the Centre. The Dean for Student Affairs and Mobility is responsible for all activities of the Centre. Career Centre Connecting Students with Business Community The process of professional education and development begins when the student comes to inquire in the Centre or when one sends inquiry via e-mail. Upon the reception of request/inquiry, the employee of Centre provides a student with a necessary piece of information. Should the student send a request, which does not come within the competence of an employee, an employee makes appointment for a student, enabling her/him to talk with the Centre Manager, no later than 3 days upon the reception of request. The employees of the Centre provide the following forms of support to the students of School – assistance in preparation of documents required to apply for a job (application, CV or Résumé, Cover Letter), preparation for job interview (defining its own possibilities, researching the sources of information, building the network of contacts), providing information on opportunities to practice or to get one-off jobs during the studying, familiarization with certain jobs, volunteerism, providing information on the first job/employment, providing information on actual programs of assistance to improve students’ standard – pecuniary assistance - scholarships, searching and collecting information on possible continuation of study in line with the student’s interests (postgraduate studies, international exchanges, etc). In addition, the Centre organizes the following student competitions - Business Plan Contest, which promotes the entrepreneurial spirit. The ultimate goal of this contest is self-employment of students and Case Study Writing in business practice in B&H that will be useful for the future generations in education. All information is available at the web pages of the Centre. Each student who contacts the Centre is given an opportunity to register in data base (name and surname, e-mail, phone number, year of study and branch/course of study), and to send filled CV form to the address of Centre. The Centre Manager has exclusive access to the obtained information for the purpose of informing (mailing list) the students on actual advertisements, opportunities, scholarships etc. The Centre Manager is the only person allowed to use CV base in the case a specific company requires the Centre to conduct student profiling and recommend 3 to 5 students who are the best for a given job. In that case, Centre Manager contacts the students fitting into a required profile and asks them for permission to send the CVs to a company. By organizing a job fest (Career Day), the Centre enables students to connect with potential employers. In this way, students are given the opportunity to have immediate contact with employers. In addition, Company Day is organized once a month, when one of the companies presents itself in the Assembly Hall of the School. Through its activities, the Centre strives to provide the best students with an opportunity to sign a scholarship agreement with companies from B&H. Thus, the student gets financial assistance during the stage of completion of her/his study.

Organized Student Activities

There are several student associations at the University of Sarajevo level and within the SEBS. At the University level, there is also the Students’ Parliament of the University of Sarajevo (SPUS), which is an umbrella student organization representing the interests of the 55,000 University students. The major aims of the Students’ Parliament include the improvement of educational quality and students’ standards, as well as contacts with other student organizations in B&H, the region and other parts of the world. The main SPUS task includes the promotion and protection of the rights of all University of Sarajevo students, which is achieved by providing support to the Students’ Parliament by all student organizations within the University.

At the level of the SEBS, there is the Student Council through which SEBS students communicate with SEBS management. The council has a managing board consisting of a Chairperson, Vice Chairperson, secretary

STUDENT HANDBOOK 9

general and representatives from each year of studies. For the last 50 years the Student Council of the SEBS has organized the “Ekonomijada” (www.ekonomijada.org) which has become one of the biggest regional student events. Students from Croatia, Hungary, Macedonia, Montenegro, Serbia, and Slovenia come to Sarajevo to compete in sports and academic disciplines. The “Ekonomijada” held in April 2010 had 1000 student participants. The main objective of the "Ekonomijada" is to encourage the exchange of knowledge and experience, to build confidence and team spirit, and to contribute to academic and business cooperation in the SEE region through academic and sports games. The “Ekonomijada”’s core values are:

1. Encouraging an entrepreneurial spirit 2. Encouraging initiative 3. Development of individualism 4. Dedication to professionalism 5. Social responsibility 6. Openness to new ideas and different opinions 7. Intercultural cooperation of youth in the region

Students also conduct their activities through AIESEC, the Association Internationale des Etudiants en Sciences Economiques et Commerciales, an organization that cooperates with the SEBS. AIESEC offers membership to students interested in social activities, student exchanges and internships in SEE and internationally.

The SEBS has a Career Center and Alumni association, which gather past, present and future students.

Academic Misconduct

General Academic Regulations

Student Code of Conduct The status of the student at the SEBS is acquired following enrolment in the corresponding year of study, in compliance with the Law, the rules of the University and the rules of the SEBS. The student is obliged to adhere to work and technological discipline defined by the enactments of the SEBS and to adjust his/her attitude and conduct towards the teaching staff and co-workers, as well as other employees and students, to the established academic conduct norms. Following enrolment in the SEBS, the documentation that the beneficiary submits to exercise his/her right or to obtain services is deemed the property of the student (student records etc.). All submitted documentation is kept in the student’s record in compliance with the valid regulations and the Regulation on Clerical Operations and Dealings. The SEBS is obliged to keep and safeguard these documents while they are being used in the SEBS. Upon completion of processing, all documents are filed in the Registrar Office in compliance with the defined internal procedures and provisions of the Rule Book on Archival Material. The beneficiary is notified of any later loss or damage, which is also recorded. At the beginning of the year, the SEBS is obliged to appropriately inform the students on curriculum and study programs, study regimes, the obligations and responsibilities of students and all important matters that relate to the process of studying at the SEBS. Students are required to attend all lectures, tutorials, workshops, class tests, formal exams, etc., and are not permitted to take holidays during the academic year, except during designated semester breaks or if leaves and holidays are envisaged in their curricula. Students are required to present themselves for all scheduled classes at their appointed times. When a student is late for a lecture, it disrupts the class and one cannot be excused without a legitimate reason. Being late repeatedly may result in an absent mark being registered for the student for that class.

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All students are not only required to attend but also to participate in all tutorials, presentations, workshops and all other classes and coursework timetabled for the program of study. To ensure appropriate participation, students are also expected to provide themselves with materials (such as textbooks, manuals, notebooks, educational instruments, pens, calculators, etc.) stipulated by the lecturers/faculty as essential to the course of the study. Class timetables are available at the Admission Office and are also posted on the SEBS website and the SEBS notice boards. Please note that timetables may be subjected to change, particularly at the beginning of each semester and it is therefore important that they are regularly consulted at the faculty notice boards. All students are bound by the Student Code of Conduct, which outlines the behavioral standards expected of all SEBS students. In broad terms, this Code states that all students are expected to be considerate to the needs of fellow students, staff and all authorized visitors to the SEBS; are expected not to engage in any conduct which is intended to, or is likely to, disrupt teaching, learning, study, research, ceremonies, recreational activities, meetings, examinations, administration or other activities undertaken by or within the SEBS or organized as part of its approved activities; and are expected to respect the property of the SEBS and not to use it for unapproved purposes. Minor and Major Disciplinary Offences The following shall be deemed minor disciplinary offences (constituting misconduct by students):

1. Unbecoming conduct in the SEBS; 2. Inflicting minor material damage to the property of the SEBS or the University; 3. The student’s conduct is such that it can damage reputation of the students in general at the SEBS, its

professors, associates and other employees of the SEBS; 4. Presence at classes in the SEBS, and at exams while being intoxicated/untidy and unfit to take an

exam; 5. Willful obstruction or disruption of teaching and examinations; 6. Registering herself/himself or another student for an examination period within which, under the Rules,

the student is not eligible to take an exam. For minor violation of academic discipline and order (Standards of Academic Honesty) a student shall incur disciplinary action in the form of «caution» or «public reprimand». A student is obliged to pay indemnity for material damage inflicted on purpose or through negligence. The following shall be deemed major disciplinary offences:

1. Altering the data in the public documents issued by the SEBS; 2. Altering or adding the data in the records kept by the SEBS; 3. Unauthorized copying of copyrighted texts; 4. Theft; 5. Provoking fights in the SEBS, fighting on the premises of the SEBS and in front of the School building

and being disruptive in these locations; 6. Hateful expression on the basis of national origin, religious affiliation, and other biases and prejudices; 7. Failure to comply with safety at work regulations, 8. Instigating students to use alcohol, or narcotic drugs, on the premises of the SEBS, supplying students

with these substances or assisting them in their use, 9. Use of forbidden devices and appliances at the examination and taking examinations contrary to the

Examination Rule Book; 10. Impersonating another student and taking exams instead of her/him; 11. Possession of weapons or explosive devices.

For major violations of academic discipline and order a student may incur the disciplinary action of suspension from the SEBS for 1 to 3 academic years.

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Plagiarism Any student who submits course work for credit (i.e. an assignment or an examination) that is the work of another person or that is copied from an existing work, who colludes in the production of plagiarized work, or who knowingly allows their work to be used in this way, will be disciplined and penalized. The SEBS regards plagiarism as an extreme violation of academic standards and deals with it accordingly. In order to ensure that this does not happen, students have to be sure that if they in any way adopt, reproduce, use, recycle or demonstrate the influence of the ideas, words, statements, designs, concepts or indeed any type of work belonging to another person (including that of another student) they must acknowledge their work as a source they have used, in both the text and the bibliography of their assignment/work. This is known as “referencing” and there is a number of different systems available for referencing – the system recommended in the SEBS, and in details described in its handbooks, is the Harvard System of Referencing. The students have to use this referencing system in all of their assignments. The SEBS pays a lot of attention to developing ethical behavior among students and to detect and avoid plagiarism and ensure academic integrity by using Turnitin (www.turnitin.com) a leading academic plagiarism detector. Any student who submits course work for credit (i.e. an assignment or an examination) that is the work of another person or that is copied from an existing work, who colludes in the production of plagiarized work or who knowingly allows their work to be used in this way, will be disciplined and penalized. All students are also obliged to sign a statement which confirms the originality of their diploma papers starting from the year 2010. The SEBS publishes a guide for using the Harvard referencing system, and is available on-line and in hard-copy form free of charge for all students and faculty members of the SEBS.

Your Coursework

As a student on a business program, you must successfully complete all modules. The course outlines and associated assignments and their due dates are provided later in this Handbook and explained in more details by the course instructor during the first lecture. Please note the following regulations for handing in assignments. Assessment Statute and Assessment Handbook

Student knowledge assessment is regulated above all by Laws on Higher Education at the state and cantonal levels, and by the documents of the University and the SEBS. Documents that provide comprehensive explanations of how knowledge assessment is conducted include the Rules for Study (for the first, second and third cycles of studies), the Rules on Taking Exams of the University of Sarajevo, and the SEBS Rules for Study. Within these documents, students and all potential applicants to SEBS are clearly advised on what is expected from them, and what their rights and obligations are. In addition, it comprehensively prescribes forms for studying and acquiring grades. All these documents can be found on the SEBS web page www.efsa.unsa.ba.

The listed documents are primarily focused on the legal and technical aspects of studies, while their content is dealt with by the documents included in the ECTS Information Package. This document clearly presents curricula for all SEBS departments and concentrations. It also presents the content of each course and expectations from students in each. It clearly describes the expected reading, scheduled topics, and scheduled activities for each course. Furthermore, it presents a clear share of each activity in the final grade, so that students can immediately see what tasks they are faced with in order to achieve each grade.

Workload Expectations

The student workload is derived from the rules and procedures defined in the ECTS Information Package. The overall workload for students in the first cycle of studies amounts to 900 hours a year on average, and is distributed between two semesters. A semester consists of 15 workweeks, which implies a workload of 30 hours per week, or 6 hours per day.

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Out of the total number of workweeks, students are required to attend the traditional in-class instructions for 10 weeks while remaining five weeks they are provided with online instructions as given in table below.

Each individual course includes an accurate definition of the number of hours needed to successfully fulfill its requirements, and the share of individual activity. The individual course workload depends on the syllabus and ECTS credits granted for the course, as well as on the activities provided by the course syllabus (presentations, term papers, projects, case study analyses, team work, individual work, etc.)

Requirements of Faculty in Relation to Course Information

All the information on courses and classes are distributed in a timely manner to students by the Student’s Admission Office and by the SEBS faculty.

The SEBS website is also the official bulletin board, which provides information on the ECTS Information Catalogue, the schedule of classes, academic calendar, exam terms, as well as other information. Each course has a web platform of its own, which allows students to access by means of their username and password that are obtained at the start of their studies. Students can find all relevant information pertaining to reading, faculty presentations for individual chapters, examples, tasks, etc. on this platform. Also, additional course activities (e.g. quizzes, discussion uploads, etc.) are conducted through the use of this system. Faculty is obliged to regularly inform students via forums (which are connected to students’ e-mail addresses) on all changes, current events, and exam results.

Range of student assessment methods Each course of FM&MM programme set has the assessment structure which mainly consists of: two written tests/exams, student presentations, in-class activities, student papers and projects, quizzes, essays etc. All those methods measure the specified ILOs of the course. The following table illustrates the range and structure of the assessment methods in the FM&MM syllabi. The first column represents the general ILOs that are measured by the particular assessment method.

ILO1 Assessment method % of Syllabuses in Curriculum

1, 2 Mid-term test 100%

1, 2 Final exam 100%

1, 2 Quiz 40%

1-5 Written individual/team assignments (seminar paper, essay, project, report) 53%

1, 2 Homework 7%

1, 2 Case study analysis 26%

1-3 Presentations (individual or teamwork) 53%

11-Knowledge; 2-Thinking skills; 3-IT skills; 4-Communication skills; 5-Ethics, social responsibility and international perspective

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1, 2, 4 Required in-class attendance 12%

1, 2, 4, 5 In-class discussion/participation 33%

1-5 International project Separate Activity

1-5 Internship Separate Activity

1-5 Undergraduate thesis Separate Activity

Examinations, Grading System and Results

Exams Rulebook The final examinations, for FM&MM Program set students are held after each semester. The students are offered one makeup exam where they can take either a part of or the entire exam. In addition to the final exam, there are various forms of knowledge assessment where the continuous assessment principle is used (homework, assignments, projects, presentations, midterms, etc.) Moreover, additional retake exam can be taken in September for all courses in current academic year. International Summer School offers the continuous assessment principle and one final exam per selected course. It is the responsibility of each student to be aware of the SEBS’ Examination Regulations. By enrolment each FM&MM student receives a personal username and password for logging in on the e-application System for Student Services (ISSS) www.isss.ba. After logging (during exact time when application is open) you will see menu with option «Prijava ispita», where you can register for taking an exam. Student is obligated to apply on the ISSS for each exam he/she would like to take the exam. Any breach of these regulations will result in disciplinary measures. After each semester, students can take final exam and one retake (in January and in June). Moreover, additional retake exam can be taken in September for all courses in current academic year. International summer school offers only one final exam per selected course. In the period between regular and makeup examination, academic staff is obliged to help students prepare for the makeup exam, through office hours and additional lectures where needed. The forms of knowledge assessment can be written, oral and practical. As a rule, knowledge assessment is written and is conducted through a written test. The form of knowledge assessment is clearly defined in the Subject Syllabus and ECTS Course Catalogue.

Exams are held as it listed below (see academic calendar below for further information on dates):

Winter Semester: Testing and evaluation is done by assigning points for every assignment and test during the winter semester from 1st to 15th week. Final exam is held in 16th week. Added classes and exams are held in the period from 17th till 20th week. Summer Semester: Testing and evaluation is done by assigning points for every assignment and test during the summer semester from 1st to 15th week. Final exam is held in 16th week. Added classes and exams are held in the period from 17th till 20th week. There is an additional makeup exam organized from 1st to 15th September, where students may retake up to 50% of the failed exam from both semesters. There is a possibility to organize additional classes (Summer School, Summer University etc.) as well as additional exams from 21st to 28th week. Results The exam results are published separately for all courses at the course Moodle site, which is defined by Article 64 of the Law on Higher Education of the Canton of Sarajevo (Official Gazette of Sarajevo Canton No. 43 ISSN 1512-7052), and within (5) days from the day of the examination, including the mandatory publishing of the time

http://www.isss.ba/

STUDENT HANDBOOK 14

and hours when students can get insight into their work. Respecting the student’s privacy, results are listed by the student’s matriculation book number. Grading System Student’s performance is continually monitored and graded during one semester of the academic year. Points are given for every student activity, knowledge assessment during a semester and the final exam as well. The final grade is calculated and entered into the University student software database (www.isss.ba). Knowledge assessment is done by assigning points for every type of student activity and test during the semester as well as on the final exam, when final grade is determined. At least 50% of total points must be appointed to student activities and knowledge assessments during the semester. Final exam can be appointed at most 50% of total points. If a student achieves sufficient number of points in student activities and knowledge assessments for passing grade during semester, he is not obliged to take the final exam exept for subjects where taking final exam is obligatory (collective examination, etc). After all planned types of knowledge assessments, overall student success is evaluated and graded in accordance with the ECTS system, as follows:

10 (A) – (excellent performance, without any mistakes or with minor mistakes), 95–100 points,

9 (B) – (above the average, with few mistakes), 85–94 points,

8 (C) – (average, with notable mistakes), 75–84 points,

7 (D) – (good, but with significant deficiency), 65–74 points,

6 (E) – (satisfies minimum criteria), 55–64 points,

5 (F, FX) – (does not satisfy minimum criteria), less than 55 points. In case none of the students, in the first examination period has 95 points, the minimum for grade ten (10) in the above grading scale can be modified in accordance with the highest score achieved. Grounds for an Appeal Student who is not satisfied with the grade obtained can, within 24hours after grade announcement, demand in written a new exam in front of the Examination Board. The request for repeating the exam must be supported by arguments. The Dean appoints the president and two members of the Examination Board within 24hours after receiving the request if he finds it reasonable, provided that one member of the Examination Board must be the lecturer in another course, and examiner, whose grade did not satisfy the student, cannot be the President of the Examination Board. In that case, the Dean determines the terms of the exam within 3 days from the submission of student’s request. Written exam or written part of the exam will not be repeated in front of the Examination Board, but the existing graded paper will be checked and graded by the Examination Board, while the repetition of the oral exam or the oral part of the exam is mandatory in front of the Examination Board. During the process of grade assessment, the Examination Board will take into account all verified results of the student during the classes. The decision of the Examination Board is based on majority vote and it can be appealed to the Dean of the Organizational Unit within 24hours from the Examination Board decision. The student can demand the exam in front of Examination Board twice at most during the academic year.

Progression Regulations

Student is able to transfer six (6) ECTS points/credits at most or one course if it is valued by more than six (6) ETCS credits into the next year of study program during the same cycle, unless the course is not the precondition for attending another course in the next academic year. Student, who attends the same academic year for the second time, is obliged to attend classes from the courses he/she did not pass. When entering the courses due to the insufficient number of ETCS credits from Article 1 of this Act, student is obliged to pay a fee, which is determined by the Senate of the University.

http://www.isss.ba/

STUDENT HANDBOOK 15

ROLE OF THE PROGRAM DIRECTOR

Program Director and Program Management Team

FM&MM program set is directly managed by the Program Management Team that consists of the Program Director and two Program Coordinators – one coordinator for financial issues and the other for academic issues of the programs. The Program Management Team is nominated by the Dean of the SEBS and confirmed by the Faculty Council. The Program Director is directly responsible to the Dean and the Faculty Council for fulfilling the program objectives.

Program Director Emina Resić, Ph.D., Head of Academic Affairs Almir Peštek, Ph.D., and Head of Financial Affairs Dženan Đonlagić, Ph.D., are responsible for your academic program. The role of the Program Director has been established to help coordinate:

Smooth delivery of programs

Better communication between the Faculty and students

Timely resolution to problems raised by students and/or lecturers

Feedback for academic support and development.

Program Director is responsible for:

1. Maintaining contact and facilitating communication between you and the Faculty, 2. Ensuring the selection of a class representative(s) from your year and holding one meeting per

semester, 3. Meeting the students and providing at least two dedicated ‘meeting hours’ each week, 4. Monitoring the attendance records, assessment and progress of students within the academic year and

meeting the students when necessary to discuss these issues, 5. Meeting the Dean and Vice-Deans and updating them on all the issues arising within a particular year.

Office Hours

Program Director, Head of Academic Affairs, Head of Financial Affairs and Student’s Admission Coordinator have designated ‘meeting hours’ each month for meeting with students and dealing with students’ queries. These hours are normally displayed outside staff offices in the faculty. Head of the School

The Head of the SEBS is Ass. Prof. Veljko Trivun, Ph.D., who has the overall responsibility for the Financial Management and Marketing Management Program. Vice-Deans have the overall responsibility for functional issues covered by them. Student’s Admission Coordinator The Administrative Coordinator is Jasmina Bajraktarević and she will provide assistance with administrative and organizational queries relating to your course. She is located in the room 10 and her office is open every working day from 8.00 am to 4.00 pm. Quality Assurance Coordinator The Quality Assurance Coordinator is Alma Vranić and she is responsible for proposing improvement measures considering academic aspects of the Program to the FM/MM Study Council. She is located in the room 7 (at the building of Business Academy, Skenderija 70/II) and her office is open every working day from 8.00 am to 4.00 pm.

STUDENT HANDBOOK 16

Student Relations Coordinator The Student Relations Coordinator is Elvir Čizmić, Ph.D., and he is responsible for the implementation of the code of conduct, explained in the students’ handbook. He is also responsible for the students’ appeals and disciplinary action according to the study bylaws. Corporate Relations Coordinator The Corporate Relations Coordinator is Elvir Čizmić, Ph.D., and he, in cooperation with SEBS Career Center represents the link between the successful companies/firms and the FM/MM Study Council and the Program Management Team. He is responsible for the presentation of the BAB’s instructions and recommendations related to the corporate needs. IT Department The IT Department is responsible for data analyses, processing of assessment forms, evaluation and self-evaluation forms and creation of statistical reports. Head of the IT Department is Tihomir Veselinović and he is located in the MIT room (II floor). His office is open every working day from 8.00 am to 4.00 pm. International Office The International Office is responsible for the internationalization processes of the FM/MM program. Đana Kazić, an employee at the International office, is directly in charge for FM/MM program, assisting the incoming and outgoing students and lecturers. She is located in the room 45 and her office is open every working day from 8.00 am to 4.00 pm. Career Center Head of the Career Center is Emir Kurtić. Hi is located in the room A4 and his office is open every working day from 10.00 am to 2.00 pm. Public Relations Office The PR Office is responsible for successful communication with different program stakeholders and for the marketing and promotion of the FM/MM Program. Head of the PR Office is Lejla Halidović and she is located in the room 12. Her office is open every working day from 8.00 am to 4.00 pm.

STUDENT HANDBOOK 17

ACADEMIC CALENDAR

September 17th 2012 Semester 5 Begins December 29th 2012 Semester 5 Ends January 08th 2013 – January 19st 2013 Exams January 21st 2013 – January 26th 2013 Added Classes (on-line) January 28th 20123– February 09th 2013 Exams February 18th 2013 Semester 6 Begins June 01st 2013 Semester 6 Ends June 03rd 2013 – June 15th 2013 Final Exams June 17th 2013 – June 22nd 2013 Added Classes (On-line) June 24th 2013 – July 06th 2013 Added Exams July 22nd 2013 – August 24th 2013 International Summer School

September-12

Week M T W T F S S

1 17 18 19 20 21 22 23 Semester 5 begins

2 24 25 26 27 28 29 30

October-12

Week M T W T F S S

3 1 2 3 4 5 6 7

4 8 9 10 11 12 13 14

Free

5 15 16 17 18 19 20 21

6 22 23 24 25 26 27 28

STUDENT HANDBOOK 18

November-12

Week M T W T F S S

7 29 30 31 1 2 3 4

8 5 6 7 8 9 10 11

9 12 13 14 15 16 17 18

10 19 20 21 22 23 24 25

Free

11 26 27 28 29 30 1 2

December-12

Week M T W T F S S

12 3 4 5 6 7 8 9

13 10 11 12 13 14 15 16

14 17 18 19 20 21 22 23

15 24 25 26 27 28 29 30 Semester 5 Ends

Free

January-13

Week M T W T F S S

31 1 2 3 4 5 6

Study Week

7 8 9 10 11 12 13

Exams Free

14 15 16 17 18 19 20

Exams

21 22 23 24 25 26 27

Added Classes (on-line)

STUDENT HANDBOOK 19

February-13

Week M T W T F S S

28 29 30 31 1 2 3

Exams

4 5 6 7 8 9 10

Exams

11 12 13 14 15 16 17

1 18 19 20 21 22 23 24

Semester 6 Begins

2 25 26 27 28 1 2 3

Free Free

March-13

Week M T W T F S S

3 4 5 6 7 8 9 10

4 11 12 13 14 15 16 17

5

18

19

20

21

22

23

24

6

25

26

27

28

29

30

31

April-13

Week M T W T F S S

7 1 2 3 4 5 6 7 Exams 1

8 8 9 10 11 12 13 14 Exams 1

9 15 16 17 18 19 20 21 Exams 2

10 22 23 24 25 26 27 28 Exams 2

11 29 30 Exams 2

STUDENT HANDBOOK 20

May-13

Week M T W T F S S

11 1 2 3 4 5

Free Free

12 6 7 8 9 10 11 12

13 13 14 15 16 17 18 19

14 20 21 22 23 24 25 26

15 27 28 29 30 31 1 2

June-13

Week M T W T F S S

1 2 Semester 6 Ends

3 4 5 6 7 8 9 Final Exams

10 11 12 13 14 15 16 Final Exams

17 18 19 20 21 22 23 Added Classes (On-line)

24

25

26

27

28

29

30

Added Exams

July-13

Week M T W T F S S

1 2 3 4 5 6 7

8 9 10 11 12 13 14 Added Exams

15 16 17 18 19 20 21

Intensive Summer School

22 23 24 25 26 27 28 International Summer

School Registration

29

30

31

1

2

3

4

International Summer School

STUDENT HANDBOOK 21

August-13

Week M T W T F S S

1 2 3 4

International Summer School

5 6 7 8 9 10 11

12 13 14 15 16 17 18

19 20 21 22 23 24 25

26 2 28 29 30 31 1

* Please note that the precise time and classroom will be determined afterwards.

STUDENT HANDBOOK 22

FINANCIAL MANAGEMENT MARKETING MANAGEMENT

YEAR 1 - SEMESTER 1 and 2

COURSE SYLLABI *

*For more information about these modules and assignments, please speak to your lecturer directly.

STUDENT HANDBOOK 23

Course code: EAM101 Course title: PRINCIPLES OF ECONOMICS

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

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

1. AIM OF THE COURSE Interpretation of basic instruments of economic analysis, basics of microeconomics, basics of macroeconomics, basics of international economics and economic development.

1.1. Basic thematic units 1. Objectives and methods in economic science; economic theory and economic policy

2. Market, market structures and basic concepts of economic decision making 3. Basics of supply and demand curves; elasticity of supply and demand curves 4. Consumer behaviour and consumer choice 5. Production, expenses and economic outputs 6. Factors of production 7. Company, entrepreneurship, innovations and economic growth 8. Market imperfections and economic role of the state; public choice and fiscal

policy 9. Money, money and capital markets, and monetary policy 10. International exchange, trade policy, balance of payment and foreign exchange

policy 11. Circular flow of production and income; measuring production and income 12. Basic instruments of macroeconomic management – interactions of monetary,

fiscal and foreign-exchange policies 13. Economic disturbances and business cycles 14. Economic growth and development 15. Globalization, liberalization and economic integration

1.2. Learning outcomes The students are able to interpret the data on economic aggregates, production, expenses, supply and demand, the effect of supply and demand elasticity on financial outputs of the company, the effects of decisions on changes in budget expenditures on national output and gross domestic product, the effects of changes in money supply on interest rates and investment activity, as well as the effects of interactions of trade, fiscal, and monetary policies on business cycles, economic growth and development.

2. TEACHING METHODS

Activity description (%)

2.1. Pedagogical technologies 1. Lecturing 2. Discussions

1. 90% 2. 10%

Weights (%)

2.2. Assessment methods 1. Mid-term exam 2. Quiz 3. Final exam

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

3. TEXTBOOK

Economics/Begg David, Stanley Fischer, Rudiger Dornubuch, McGraw-Hill, Berkshire 9th Edition, 2008.

STUDENT HANDBOOK 24

Course code: EAM102 Course title: BUSINESS ECONOMICS


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

1. AIM OF THE COURSE

Business economics is a field of economics that studies how individual firm operate in contemporary business environment (with furthermore, it aims to explore the influence of different factors on business performance measures such as efficiency, effectiveness and profitability). The purpose of this subject is to give students a thorough understanding of main economic categories that apply to business process, and to develop the economic mind-set necessary to make business decisions based on optimal choice between investments and outcomes.

1.1. Basic thematic units

1. Business economics as a science 2. Economic system of the firm and business system 3. Principles of business economics and factors-potentials 4. Theoretic aspects of production; production and costs 5. Appropriation of funds and circulation of value in production 6. Firm assets, human resources, (company resources, personnel, sources) the

economics of resources 7. Costs, cost classification and modern approach 8. Costs in the function of establishing and using the capacities 9. Cost behaviour, production areas and capacity using 10. Break-even-point 11. Cost calculation methods 12. Production performance, profit and loss, operational risk 13. Economic principles

1.2. Learning outcomes To understand the process and principles of a business To understand the process of appropriation of assets To identify costs and determine the unit cost using different methods of cost

calculation To measure business performances.

2. TEACHING METHODS


2.1. Pedagogical technologies 1. Lecturing 2. Discussions 3. Student presentations 4. Case study

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

Weights (%)

2.2. Assessment methods 1. Mid-term exam (8th week) 2. Final exam (16th week) 3. Attendance and activities (lectures) 4. Attendance and activities (tutorials) 5. Case study

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

3. TEXTBOOK Business Economics - Theory and Application/Neil Harris, Butterworth-Heinemann, Oxford, 2001.

STUDENT HANDBOOK 25

Course code: EAM103 Course title: MATHEMATICS FOR ECONOMISTS


Status: Core Number of hours per week: 6 Total number of hours: 90


The aim of the course is to introduce mathematical concepts necessary for understanding basic microeconomic and macroeconomic models. The course should help students to improve their analytic skills and to acquire certain systematism when identifying problems and seeking for solutions.


1. Matrices and operations with matrices. Determinant of a matrix. Inverse matrix. Matrix equations.

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 one real variable. Features of a function: monotonicity,

continuity, inverse function. Elementary functions. 6. The concept of a derivative and dynamic analysis. Local extremes of the function

of one real variable. Elasticity coefficient. 7. Asymptotes and a graph of a function of a single real variable. Convexity and

concavity. Relation with indifference curve. 8. Differential calculus of functions of two and more variables. The concept of partial

derivative and its application in economics. Dynamic analysis of the process with two variables (for example, production).

9. Local extremes of a function of two and three real variables. Extremes of function of two variables subject to a constraint and applications. (e.g. 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 of economic growth.

13. Basic types of differential equations of the first order.

1.2. Learning outcomes Knowledge: students will gain knowledge in basics of linear algebra, differential and integral calculus that are necessary for applications in economics, as well as for understanding various economic models. Skills: students will improve their analytical and thinking skills

2. TEACHING METHODS


2.1. Pedagogical technologies 1. Lecturing 2. Tutorials 3. Discussions

1. 60% 2. 30% 3. 10%

Weights (%)

2.2. Assessment methods 1. Mid-term exam 2. Final exam 3. On-line quizzes

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

3. TEXTBOOK Fundamental Methods of Mathematical Economics/Alpha C. Chiang, Kevin Wainwright, McGraw Hill, 4th edition, 2005.

STUDENT HANDBOOK 26

Course code: EAM104 Course title: BUSINESS INFORMATICS


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

1. AIM OF THE COURSE Understanding the fundamentals of information technology and its role in business.

1.1. Basic thematic units 1. Basic terms and concepts 2. Basics of theory of systems and information 3. Types of information systems and elements of hardware 4. System software 5. Application software 6. Data organization and introduction to databases 7. Text processing and presentation program (Word, PP) 8. Spreadsheet tools (Excel) 9. Desktop DBMS (Access) 10. Application software for modern business 11. Communication technology and computer networks 12. Information systems: fundamentals and their role in business 13. Elements of creating business information systems 14. Basic problems in applying IT

1.2. Learning outcomes

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

Basic aspects of theory of systems and systemic approach, features of modern computer configurations and operating systems; application software in business computing; basics of applications development; basics of computer networks; basics of business information system development.

b) Skills: Working with modern desktop and server operating systems, using Office applications in modern ways: text processing, spreadsheets, making presentations, desktop databases, creating web sites; using communication and network software.

2. TEACHING METHODS


2.1. Pedagogical technologies 1. Lecturing 2. Presentations 3. Guest lecturer 4. Lab sessions

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

Weights (%)

2.2. Assessment methods 1. Mid-term exam 2. Attendance and activities (tutorials) 3. Presentation 4. Final exam

1. 20% 2. 25% 3. 10% 4. 45%

3. TEXTBOOKS 1. Introduction to Information Systems: Enabling and Transforming Business/R. Kelly Rainer, Efraim Turban, Richard E. Potter, Casey G. Cegielski, 3rd edition, 2010

2. Information Technology for Management: Transforming Organizations in the Digital Economy/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%2bRainer

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%2bRainer

https://webmail.efsa.unsa.ba/owa/redir.aspx?C=4b08574164934d7499805a9125f1d4ec&URL=http%3a%2f%2feu.wiley.com%2fWileyCDA%2fSection%2fid-302479.html%3fquery%3dEfraim%2bTurban

https://webmail.efsa.unsa.ba/owa/redir.aspx?C=4b08574164934d7499805a9125f1d4ec&URL=http%3a%2f%2feu.wiley.com%2fWileyCDA%2fSection%2fid-302479.html%3fquery%3dRichard%2bE.%2bPotter

https://webmail.efsa.unsa.ba/owa/redir.aspx?C=4b08574164934d7499805a9125f1d4ec&URL=http%3a%2f%2feu.wiley.com%2fWileyCDA%2fSection%2fid-302479.html%3fquery%3dCasey%2bG.%2bCegielski

STUDENT HANDBOOK 27

Course code: EAM105 Course title: BUSINESS LAW




Studying the basics of business law includes knowledge of: basic law of obligations, company law, bankruptcy law, contracts, securities and competition law. The aim of studying of this subject is to introduce future economists with basic principles of law which they will encounter in their future work. This is a consequence of the fact that, no matter of sector in which they will work, economists encounters a number of legal institutes and instruments. This is a reason why this discipline that we call business law has become unavoidable in education of economists


1. Basic terms about state and law 2. Law of obligations 3. Company law 4. Bankruptcy and liquidation 5. Sale contracts 6. Contract of Agency 7. Service contracts 8. Other contracts of (construction, licence, insurance contract) 9. Securities 10. Competition law

2. TEACHING METHODS


2.1. Pedagogical technologies 1. Lecturing 2. Discussions 3. Case studies 4. Guest lecturers

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

Weights (%)

2.2. Assessment methods 1. Case study/written assignment 2. Team work, Activity, Presentation, Quiz 3. Mid-term exam 4. Final exam

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

3. TEXTBOOK Applied Business Law/Trivun, V., Silajdžić S., Mahmutćehajić F., Mrgud M., School of Economics and Business Sarajevo, 2009

STUDENT HANDBOOK 28

Course code: EAM106 Course title: MACROECONOMICS

Level: First cycle Year: I Semester: II ECTS credits: 5



The aim of the course is to get students acquainted with the way of functioning of national 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 the world.


1. Basics of macroeconomics – terms and aims - System of national accounting - Instruments of macroeconomic policy

2. Macroeconomic analysis - Macroeconomics of short-run fluctuations - Macroeconomics of medium-run fluctuations - Macroeconomics of long-run fluctuations

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

4. Advanced macroeconomics 5. Macroeconomics of the European Union

1.2. Learning outcomes Students master basic macroeconomic terms, differentiate determinants of national economy functioning in short, medium and long run and understand principles of international presence of national economies on the world economic scene.

2. TEACHING METHODS


2.1. Pedagogical technologies 1. Lecturing 2. Guest lecturers

1. 80% 2. 20%

Weights (%)

2.2. Assessment methods 1. Mid-term exam 2. Final exam

1. Test 1 = 50% 2. Test 2 = 50%

3. TEXTBOOK Economics, Samuelson, P.A. and Nordhaus, W.D. New York: McGraw-Hill, Inc 2009, 19th edition

STUDENT HANDBOOK 29

Course code: EAM107 Course title: MICROECONOMICS




Introducing basic goal functions and the way in which main participants of market economy – consumers, producers and state agencies – make their decisions and implement them on the market. With clear distinction of single market conditions – perfect competition, oligopoly, monopolistic competition and monopoly – the student gets an insight in the way in which a company realizes maximum profit in different conditions of doing business. Special focus is on modern theories that explain strategic interaction of the participants, primary, different models of cooperative and uncooperative behaviour of the company on the market with limited competition. The aim is to explain both the way and the methods that are employed by the state in regulating natural monopolies, and the role of the state in realizing the measures of environmental protection through the analysis of external effects on different market structures. The aim is to get the students acquainted with types of economic efficiency and the possibility of stating them as static or dynamic efficiencies on the levels of a company, a branch or society as a whole.


1. Theories of consumer choice and their practical use 2. Theory of production – production function 3. Optimization of expenses in short terms and long terms 4. Profit maximization on the market of perfect competition and practical use of

competitive model 5. Monopoly – profit maximization and price discrimination 6. Oligopoly – classic models and game theory 7. Monopolistic competition 8. Production factor market 9. External effects – market conditions analysis 10. State regulation of natural monopoly 11. Asymmetric information 12. Economic efficiency – types and analysis according to market structures

1.2. Learning outcomes 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 in analysis of market structures; - understand state regulation and its impact on a company's business;

2. TEACHING METHODS


2.1. Pedagogical technologies 1. Lecturing 2. Discussions 3. Written assignment and presentations 4. Guest lecturers

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

Weights (%)

2.2. Assessment methods 1. Mid-term exam 2. Final exam 3. Case study

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

3. TEXTBOOK Microeconomics: Global edition, Michael Parkin, 9th edition, Pearson Education, 2010.

STUDENT HANDBOOK 30

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



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


1. Statistics and statistical research 2. Program support for statistical data and model analysis 3. Empirical frequency distribution analysis 4. Measures of central tendency and dispersion 5. Measures of distribution and concentration shape 6. Regression and correlation analysis (simple linear regression, simple curvilinear

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

7. Indices and evolution measuring (absolute and relative changes, individual indices, aggregated indices)

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 methods 11. Defining confidence interval (arithmetic mean, variance and proportion) 12. Hypotheses testing (arithmetic mean, variance, proportion, regression model

parameters)

1.2. Learning outcomes Knowledge: 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 models through appropriate reports so that decision makers choose the best strategies on the basis of those reports. By employing probability theory and inferential statics, students will be able to include stochastic component which is always present in economic phenomena and processes in the analysis of the problem and to valuate population parameters on the basis of sampling marks. Skills: Students will improve analytical skills

2. TEACHING METHODS


2.1. Pedagogical technologies 1. Lecturing 2. Case studies with the use of statistical software 3. Presentations 4. Discussions 5. Guest lecturers

1. 60% 2. 20% 3. 10% 4. 5% 5. 5%

Weights (%)

2.2. Assessment methods 1. On line quizzes 2. Written assignment 3. Mid-term exam 4. Final exam

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

3. TEXTBOOK Statistics in economics and management, Resić Emina, Delalić Adela, Merima Balavac, Ademir Abdić, School of Economics and Business Sarajevo, 2010

STUDENT HANDBOOK 31

Course code: EAM109 Course title: PRINCIPLES OF MANAGEMENT




Understanding management as a complete business process Understanding the scope of basic managerial functions Mastering basic principles of management and creating the foundations for

deeper studying of specific managerial functions depending on the affinity of the students


1. Introduction to Management

2. Management theory development

3. Organization environment

4. Creating vision and mission of the organization

5. Strategic management and planning

6. Decision making

7. Organizing – structuring the organization

8. Human resource management – HRM

9. Motivation

10. Leadership

11. Communication

12. Control

1.2. Learning outcomes 1. Understanding the management as a complete business process and solving simple managerial problems

2. Ability to understand and manage basic organizational systems 3. Active knowledge of basic managerial concepts that can be applied in every

organization

2. TEACHING METHODS


2.1. Pedagogical technologies 1. Lecturing 2. Presentations 3. Guest lecturers 4. Tutorials

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

Weights (%)

2.2. Assessment methods 1. Mid-term exam 2. Case study 3. Attendance and activities (tutorials) 4. Attendance and activities (lectures) 5. Final exam

1. 30% 2. 10% 3. 5% 4. 5% 5. 50%

3. TEXTBOOK Principles of management, Kreitner, Robert, 11th ed. International student ed. – Boston (etc.): South Western, 2009.

STUDENT HANDBOOK 32

Course code: EAM110 Course title: MARKETING




Objectives of the Marketing course are: 1) Introduce students to the role and functions of marketing in a company, 2) Explain the significance of defining marketing possibilities for a company by understanding the influence of the environment, understanding consumer behaviour, analysis of market size and market participation, 3) Introduce to students strategic decisions about segmentation, selection of target segments and positioning, 4) introduce students to elements of marketing mix – product, price, distribution and promotion and strengthen their ability to understand and analyze certain situations in which marketing decisions are made on their own, and finally, 5) give them an opportunity (both oral and written) through the use of practical case study to develop, present, discuss and defend their opinion and proposals about marketing activities, and to examine and critically discuss proposals of their colleagues.

1.1. Basic thematic units 1. Marketing – creating values and customer satisfaction. 2. Strategic planning and marketing process. 3. Marketing environment. 4. Marketing research and information systems. 5. Consumer behaviour and behaviour of business customers in buying process. 6. Market segmentation, selection of target markets and positioning. 7. Product management and new product development. 8. Price setting and pricing strategies. 9. Marketing channels and supply chain management. 10. Integrated marketing communication management. 11. Creation of competitive advantages. 12. Global marketing. 13. Ethics in marketing and corporate social responsibility.

2. TEACHING METHODS


2.1. Pedagogical technologies 1. Lecturing 2. Discussions 3. Presentations 4. Guest lecturers 5. Case study

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

Weights (%)

2.2. Assessment methods 1. Mid-term exam 2. Final exam 3. Quizzes 4. Attendance and activities (tutorials)

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

3. TEXTBOOK MKTG 4, Charles W. Lamb, Joseph F. Hair, Carl McDaniel; SouthWestern College Pub; 4th Edition, 2010

STUDENT HANDBOOK 33

Course code: EAM111 Course title: ACCOUNTING




Global program of the Accounting course is aimed for the students who study Accounting at the second year of their study. To those who are studying for the vocation of a certified accountant this will be an introduction into studying other accounting disciplines in later years of study. This is the reason why we have put the emphasis in global program on the use and understanding of accounting information when making decisions that will be used by students and all business people in making business decisions.


1. Scope of accounting 2. Subject of accounting 3. Accounting principles and standards as the frame of real financial reporting 4. Content of basic financial reports (balance sheet and income statement) 5. Features, content and phases of accounting process 6. Accounting of typical business situations in accounting process:

Accounting for fixed assets

Accounting for current assets

Accounting for capital/equity

Accounting for obligations 7. Accounting of expenses 8. Accounting for incomes, expenses and defining business results

1.2. Learning outcomes 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 IAS. 2. Demonstrate basics of accounting and writing of basic financial reports and

their employment in real business environment in accordance with IAS and current regulations.

3. To become intelligent users of accounting information in making business decisions as well as internal users, and as a management

2. TEACHING METHODS


2.1. Pedagogical technologies 1. Lecturing 2. Discussions 3. Attendance and activities

1.80% 2.10% 3.10%

Weights (%)

2.2. Assessment methods 1. Mid-term exam 1 2. Mid-term exam 2 3. Final exam 4. Attendance and activities

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

3. TEXTBOOK Textbook in the process of preparation

STUDENT HANDBOOK 34

NOTES:

STUDENT HANDBOOK 35