ECTS - - Master of Finance (Thesis)

Compulsory Departmental Courses

FNCE500 - Seminar (0 + 0) 5

Definition of the topic, data collection and analysis, report writing and presenting.

FNCE599 - Thesis (0 + 0) 80

Determination of a research topic in the field of accounting and finance, literature survey, setting of hyphotesis, analysis, interpretation and reporting of the results in an orderly fashion appropriate to scientific guidelines.

ISL555 - Research Methods (3 + 0) 5

Research designs, probability theories, hypothesis tests, reliability and validity of measurement, model construction, multiple regression, multivariate variance analyses, correlation, exploratory and confirmatory factor analysis and econometric models.

Elective Courses

FNCE501 - Macro Economics (3 + 0) 7.5

No data provided

ISL479 - Management Information Systems (3 + 0) 5

Information systems in today's global businesses, information systems organizations and strategy, corporate practices, e-commerce: digital markets, digital products, decision making, information systems building, managing projects, managing global systems.

ISL480 - Third Sector-Cooperative Enterprises (3 + 0) 5

Definition of 3rd sector cooperative enterprises, their relationship with other branches of science, the classification of cooperatives, their difference from other enterprises, the reasons for establishing cooperatives and establishment studies, contemporary cooperative enterprises, the place and importance of cooperatives in the economic system, management, planning, financing, audit.

ISL501 - Contemporary Management (3 + 0) 5

Business start-up strategies, process of business foundation from both the practical and theoretical aspects of contemporary management theory.

ISL502 - Marketing Management (3 + 0) 5

Strategic planning and marketing process, marketing strategy; defining targeting audience and target growth in marketing mix, macro and micro environments of marketing, market segmentation, consumer and industrial markets and different aspects of those markets, consumer behavior, product, price, promotion and distribution.

ISL506 - Organization Theory (3 + 0) 5

Fundamental concepts of organization structure and design, the evolution of organization theory, organizational effectiveness and organizational structure and environment.

ISL507 - Financial Statement Analysis (3 + 0) 5

Analysis and interpretation of financial statements and financial analysis techniques such as comparative analysis, vertical analysis, trend analysis and ratio analysis.

ISL508 - Psychology and Business Ethics (3 + 0) 5

Business ethics, alternative theoretical approaches, ethical dilemmas, attitudes and behaviors, psychology.

ISL511 - Human Resources Management (3 + 0) 5

Strategic human resource management, certain ethical, legal and social considerations, staffing, human resource development, compensation and benefits, safety and health, employee and labor relations.

ISL519 - Digital Finance (3 + 0) 5

Digital Finance, digital literacy, the functioning of Bitcoin and crypto money, its importance, its effects on financial and economic structure, legal regulations, blockchain technology.

ISLE501 - Contemporary Management (3 + 0) 5

Business start-up strategies, process of business foundation from both the practical and theoretical aspects of contemporary management theory.

ISLE502 - Financial Management (3 + 0) 5

Methods for optimal decisions on the main issues of finance namely, investments, capital structure and working capital management, firm value maximization.

ISLE503 - Theory of Economics (3 + 0) 5

Supply and demand, consumer producer surplus, market response, elasticity, taxes, decision making, rational consumer, production decision, market structure.

ISLE504 - Operations Management (3 + 0) 5

Demand forecasting, project management, quality management, supply chain management, planning and scheduling, and inventory management, materials resource planning (MRP), enterprise resource planning (ERP) as well as modern production techniques such as lean production, just-in-time production.

ISLE505 - Organization Theory (3 + 0) 5

Fundamental concepts of organization structure and design, the evolution of organization theory, organizational effectiveness and organizational structure and environment.

ISLE506 - Financial Statement Analysis (3 + 0) 5

Introduction of financial statement, analysis types, analysis techniques, horizontal analysis, vertical analysis, trend analysis and ratio analysis.

ISLE507 - Accounting (3 + 0) 5

General accounting, recording of the accounts within basic terms of accounting and unified accounting system by analysing the balance sheet and the income statement of a firm and preparing basic financial statements that measure the financial position of a firm.

ISLE508 - Marketing Management (3 + 0) 5

Strategic planning and marketing process, marketing strategy; defining targeting audience and target growth in marketing mix, macro and micro environments of marketing, market segmentation, consumer and industrial markets and different aspects of those markets, consumer behavior, product, price, promotion and distribution.

ISLE511 - Human Resources Management (3 + 0) 5

Strategic human resource management, certain ethical, legal and social considerations, staffing, human resource development, compensation and benefits, safety and health, employee and labor relations.

SBE-FNCE-AE1FA1 - Departmental Elective (0 + 0) 5

SBE-FNCE-AE1FA2 - Departmental Elective (0 + 0) 5

SBE-FNCE-AE1FA3 - Departmental Elective (0 + 0) 5

SBE-FNCE-AE1FA4 - Departmental Elective (0 + 0) 5

SBE-FNCE-GE1FA5 - Non-Departmental Elective (0 + 0) 5

SBE-FNCE-GE1FA6 - Non-Departmental Elective (0 + 0) 5

Technical Elective Courses

ECON505 - Macroeconomics (3 + 0) 5

National income accounting, aggregate supply and demand, first models, behavioral foundations.

FNCE504 - Financial Management (3 + 0) 5

Methods for optimal decisions on the main issues of finance namely, investments, capital structure and working capital management, firm value maximization.

FNCE505 - Securities and Portfolio Management (3 + 0) 5

Trade-off between risk and return, optimal portfolio selection, portfolio management, asset pricing models, derivative instruments, construction and management of optimal portfolios.

FNCE507 - International Finance (3 + 0) 5

Investment, financing and risk management, international investment and financing techniques, management of exchange rate risk and interest rate risk and the instruments.

FNCE508 - Financial Analysis (3 + 0) 5

Analysis and interpretation of financial statements and financial analysis techniques such as comparative analysis, vertical analysis, trend analysis and ratio analysis.

FNCE510 - Investment Project Analysis (3 + 0) 5

Conceptual basics of investment projects, main analysis in project development, project evaluation, risk analysis in project evaluation, other profitability and economic analysis.

FNCE511 - The Law of Finance (3 + 0) 5

The effects of legislative regulations on financial institutions and on the operations of those financial institutions, banking finance, banking act, debt contracts, share issues, individual finance, corporate finance, mergers and acquisitions.

FNCE512 - Tax Law for Businesses (3 + 0) 5

General rules of tax law, taxation process, tax evasion and penal provisions, income tax, corporate tax, value added tax.

FNCE513 - Risk Management (3 + 0) 5

Financial risk and the sources of risk, calculation and management of portfolio risk, exchange rate, interest rate and credit risk, traditional risk management methods, risk management instruments.

FNCE514 - Accounting Theories and Standards (3 + 0) 5

The appropriate accounting system, book keeping systems, the contents and the format of the financial statements, the valuation problems, comparison of various accounting standards.

FNCE515 - Managerial Accounting (3 + 0) 5

Collection, analysis and interpretation of financial information, planning and controlling functions, cost-volume-profit analysis, incremental analysis and budgeting.

FNCE516 - New Financial Instruments and Accounting Applications (3 + 0) 5

Accounting of derivative instruments suchs as swaps, options, futures and forwards in light of the the legislative regulation that should be followed during the accounting process.

FNCE517 - Financial Markets (3 + 0) 5

Financial markets, institutions, bond markets, exchange markets, money markets and derivative markets.

FNCE518 - Financial Econometrics (3 + 0) 5

The use of statistical techniques and econometric theory in the solution of financial problems, building financial models, estimation of volatility, capital asset pricing, portfolio allocation, risk adjusted returns.