FINANCIAL MANAGEMENT (3+2)

STUDY PROGRAMME

I semester
No.	Code	Courses	Classes (per week)	ECTS
1.	Env700	Applied research methods	5+2	10
2.	Fin 730	Financing and Management of SMEs	5+0	10
3.	Fin 750	Securities and Portfolio Management	4+2	10
Total ECTS				30

II semester
No.	Code	Courses	Classes (per week)	ECTS
1.	Fin720	Financial Analysis and Managerial Accounting for Business Decision Making	4+2	10
2.	Fin 740	Management with International Business Finances	6+0	10
		Elective course		10
The elective course is selected from the following list
	Fin 700	Corporate Finances	4+2
	Fin 770	Franchising, Leasing and Other Nonbanking Sources of Financing	6+0
	Bus 420	Business Planning and Control	4+2
Total ECTS				30

III semester
No.	Code	Subject	Classes (per week)	ECTS
1.		Elective course		10
2.		Elective course		10
3.		Elective course		10
Three elective courses are selected from the following list
	Fin760	Price policy and Cost Management	6+0
	Bus 710	Management, Valuation and Monitoring of Projects	4+2
	Econ 740	Econometrics	4+2
	Fin790	Prevention of Money Laundering	4+2
	Fin780	Managing Financial Risks	4+2
	Bus 730	Creativity, Innovation and Organisation	4+2
Total ECTS				30

IV semester
Preparation of master thesis	30 ECTS

Overall, the number of acquired credits, exams and master’s thesis is 120 ECTS, distributed as follows:

Total ECTS from courses	90
ECTS from master thesis	30
Total ECTS	120

*The study program is accredited by the Board for Accreditation and Evaluation of Higher Education of the Republic of Macedonia, the procedure for obtaining a solution for starting work is in progress.