Master in Bank and Financial Management - Faculty of Economics, University of Ljubljana

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Master in Economics

In all countries, economists assume the top positions in society, are managers of the largest enterprises and banks, ministers and prime ministers, governors of central banks as well as managers of prestigious consultation companies and analytics departments. Economics is thus one of the elite programmes at the most prestigious universities, where only a few percent of the best students are accepted. It is the same in Slovenia. Economics is a demanding study, requiring an ambitious and motivated individual with good analytical abilities. An individual who will be able, as shown by many examples, to make decisions in a key position in the business sector and in state policymaking. Why? Because graduates of the Economics programme are capable of resolving economic and business problems that other people are generally unable to identify or classify as important.

If you are ambitious, unafraid of hard work and eager to make important social decisions in your life, then enrolling in the Economics programme will help you achieve your goals.

Programme Economics can be also part of Double degree programme. For students who want to spend part of their Master's studies at a foreign university there is a possibility to participate in a Double-Degree two-year Master's Programme jointly organised by:

  • University of Ljubljana (UL)
  • University of Siena, Faculty of Economics “Richard M.Goodwin” (UNISI)

The Double-Degree Programme includes spending one year in the MSc Programme of the partner university and leads to obtaining a double Master's Degree, both from the home university (UL) and partner foreign university. Given high quality of Master's Programmes of partner universities this is an excellent entry point for ambitious students to international job market or an academic career.

Duration of study 2 years (4 semesters)
Scope of ECTS 120 ECTS
Study status full-time
Degree magister ekonomskih ved (mag. ekon. ved) – second cycle graduate in Economics

Knowledge and skills acquired by taking this programme

You will acquire knowledge and skills needed for successful expert work in key positions in the business sector or in shaping the economic policy of the state. You will learn how to use complex analytical tools that will enable you to comprehensively analyse a problem in a given environment, since by using economic models (theory), extensive knowledge of empirical findings and a plethora of analytical and programme tools you will be able to correctly analyse data and, based on it, make projections, different scenarios and strategies, assess risks and adopt appropriate decisions. These are the knowledge and skills individuals require to be able to take up top positions in the business sector and in state policymaking.

After graduating from Economics you will be capable of not only answering the following questions but also finding the optimal solutions. How should a firm behave to strengthen its competitive advantages? What in fact are ‘competitive advantages’? How to set the right price for your products and services in the competitive race? How to optimise operations and increase value added with the available resources? When to take over a competitor and which synergic effects can be expected from this? Which are the consequences of foreign-exchange risk and how serious are they? How to envisage business cycles and how to respond to them most effectively? Why is an improvement in the business climate in Germany and an increase in the German trade surplus a good sign for Slovenian enterprises? Should you be worried about the state of the balance of payments? What consequences can additional borrowing of the state bring to your firm? Why is the ageing of the population a big problem and at the same time an even bigger opportunity? Why is a certain degree of income inequality good and why can it become economically inefficient and socially problematic after exceeding a certain threshold? Why is high youth unemployment such a big problem?

Along with analytical skills, the study of Economics will also provide you with many soft skills, from teamwork and effective presentation to the ability of critical judgement, strategic thinking etc.

Another advantage of the Economics programme is that only a limited number of students can enrol. This facilitates more individual work with students and makes it more demanding. At the same time, a graduate from this programme has fewer competitors in the labour market and holds a degree in a programme known for its exactingness. All of the above sends an important signal to a potential employer: this graduate is ambitious and is not afraid of challenges.

Organisations/institutions/companies with employment prospects

As a graduate, you will acquire the highest level of professional competencies in the field of economic sciences.

You will be trained for the expert and professional management of enterprises and their departments, consultation work in the most responsible positions as well as for taking over and resolving complex problems at all levels. You will also be trained to work in the public sector where you will be capable of assuming responsible tasks as the head of a department or directorate, the head of an analytics department, a representative of Slovenia in the European Commission and other international organisations, or taking on high-level tasks as a minister, prime minister or central bank governor.

Professions

  • Manager/member of management board in charge of sales, finance or strategic development
  • Consultant/head of strategic development
  • Analyst/head of analytics department
  • Researcher in academic and international institutions
  • Senior civil servant
  • Expert officer in the public administration
  • Expert officer in sales and business administration

Curriculum – first-year enrolment until study year 2017/18

1st year

Semester Course Type ECTS
1. Advanced Macroeconomics 9 10
1. Microeconomics 3 9 10
1. Optimization methods in economics 9 10
2. Econometrics 2 10 8
2. Economic growth and development 10 8
2. **Economics of regulation 11 7
**Labour market economics 11 7
2. ELECTIVE COURSE 13 7

2nd year

Semester Course Type ECTS
3. Comparative Analysis of Economic and Business Systems 10 8
3. History of Economic Thought 10 8
3. MASTER'S THESIS DISPOSITION / 11
Business Skills Development / 3
4. **Competitiveness Enhancement Policy 11 7
**Regional Economics 11 7
4. ELECTIVE COURSE 13 7
4. MASTER THESIS / 16
**student selects one of the two offered obligatory courses type 11.

In case there will not be enough applicants for the programme Master in Economics, the programme will not be offered in English.

Curriculum – first-year enrolment from study year 2018/19 on - NEW

1st year

Semester Course Type ECTS
1. (winter) Microeconomics 3 9 7
1. (winter) Advanced Macroeconomics 9 7
1. (winter) Optimization methods in economics 10 7
1. (winter) Political Economy 10 7
2. (spring) Econometrics 2 9 7
2. (spring) Topics (Issues) in International Trade and Globalisation 10 7
2. (spring) Industrial Organisation, Competition Policy and Regulation 10 7
2. (spring) ELECTIVE COURSE 13 7
2. (spring) Skills Development 1 / 4

2nd year

Semester Course Type ECTS
3. (winter) Economic growth and development 10 7
3. (winter)
E1
* Comparative Analysis of Economic and Business Systems 11 7
* Labour Economics 2 11 7
3. (winter)
E2
** Behavioral Economics and Game Theory 11 7
** Big Data Analytics 11 7
3. (winter)
E3
*** Applied International Trade 11 7
*** International Finance 2 11 7
3. (winter) MASTER'S THESIS DISPOSITION / 7
4. (spring) ELECTIVE COURSE 13 7
4. (spring) Skills Development 2 / 4
4. (spring) MASTER'S THESIS / 21
Student selects one module of courses type 11 – E1 or E2 or E3.

Office hours
(Student Affairs Office):

  • Monday - Friday:
    from 10:00 am to 12:00 am
  • and Tuesday:
    from 3:00 pm to 5:00 pm

Info call centre:

  • Monday - Friday:
    from 9:00 am to 10:00 am
    and 1:00 pm do 2:00 pm

Student Affairs Office:

Additional information about the programme:

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