At the session of the Scientific-Educational Council held on 17^th May 2007 the new and only valid Curriculum of the Faculty of Economics in Banja Luka was adopted, for the new generations of students, effective as of school year 2007/08.

INTRODUCTION

The Faculty of Economics at the University of Banja Luka has a relatively long tradition (32 years of its existence). Constant growth of new perceptions in the field of economic sciences has demanded frequent changes of its curriculum.

Conditions in which the Faculty existed and survived imposed the need for education of professionals in the field of contemporary businesses such as: management, enterprise, banking, marketing, accountancy, auditing, business finances, insurance, human resources, business informatics, international economics, etc. At the same time the Faculty provided necessary knowledge for scientific researches in different areas of contemporary economic science.

FOUNDATION OF THE STUDY PROGRAM

Curriculum of the first and second cycle of the studies is based on:

• The High Education Law (“The Official Gazette of Republic of Srpska”, number 85, 31/08/2006);
• Changes of the High Education Law (“The Official Gazette of Republic of Srpska”, number 30, 20/04/2007);
• University Statute and the Statute of the Faculty of Economics in Banja Luka;
• Principles of Bologna declaration.

TITLE AND THE AIMS OF THE PROGRAM

The Faculty of Economics is divided into two departments:

1. Finances, Banking and Insurance;

2. Business Economics.

Each department comprises two courses:

1.a) Accounting and Auditing;

1.b) Financial Management, Banking and Insurance;

2.a) International Economics;

2.b) Management and Enterprise.

The studies aim at the qualification of graduate economists for:

• successful business in the field of economics, especially those related to their course of the studies,
• continuation of education in the second cycle, at the postgraduate studies.

TYPES OF THE STUDIES AND THE RESULTS OF THE LEARNING PROCESS

a) First cycle (four year undergraduate studies)

All modules have the same subjects in first three years.

Results of the learning process:

• accomplishment of the basic knowledge from the foundations of economic sciences;
• qualification for application of the accomplished knowledge, especially from the modules;
• accomplishment of necessary knowledge for further education.

b) Second cycle (one year postgraduate studies)

Results of the learning process:

• accomplishment of broader knowledge from the field of economics;
• new results from the chosen fields of research;
• qualification for further scientific – research work.

PROFESSIONAL, ACADEMIC OR SCIENTIFIC TITLE

After the completion of the first cycle the candidate obtains the title:

Bachelor of Science in Economics (with addition of name of the module).

After the completion of the second cycle the candidate obtains the title:

Master of Science in Economics (with addition of name of the module).

CONDITIONS FOR ADMISSION TO THE STUDY PROGRAM

All candidates who graduated from their secondary school lasting four years (in the country or abroad), passed the entrance examination and took place at the list which provides them admission, have the right to enroll in the Faculty of Economics.

ORGANISATION AND DURATION OF THE STUDIES

First cycle (undergraduate studies) lasts eight semesters with 240 ECTS points in total (30 for each semester). It is organized as full-time and part-time.

Second cycle (postgraduate studies) lasts two semesters with 60 ECTS points in total.

The first year of study  

The second year of study

The third year of study

The fourth year of  study

DEPARTMENT:  FINANCE, BANKING AND INSURANCE

Module:  Accounting and Auditing

Module: Financial Management, Banking and Insurance

DEPARTMENT:  BUSINESS ECONOMICS

Module: International Economics

Module: Management and Entrepreneurship

ELECTIVE SUBJECTS

Module: Accounting and Auditing

1. Accounting of Banks and Insurance Companies (8^th semester)
2. Projecting Information Systems
3. Public Sector Economics
4. Internal Control
5. Investment Management

Module: Financial Management, Banking and Insurance

1. Tariffs in Insurance
2. Basel Principles
3. Strategic Financial Management (7^th semester)
4. Audit of Financial Statements (8^th semester)

Module: International Economics

1. Financial Markets (7^th semester)
2. World Markets
3. Economics and Development of National Economy
4. Economic Doctrines

Module: Management and Entrepreneurship

1. Economics and Development of National Economy
2. Investment Management
3. Economic Statistics
4. Financial Markets (7^th semester)