WHO WE ARE?

Faculty Of Economics, Belgrade

University of Belgrade is one of the oldest universities in South Eastern Europe – founded in 1808. Today, it is also one of the few largest universities in Europe, with more than 100 thousand students and 4,000 professors, organized in 31 schools and 12 research institutes.
University of Belgrade is one of four top ranking universities in Central and Eastern Europe (Shanghai Ranking).

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Our school was founded in 1937. Today, it is a modern school with long tradition, aimed at providing cutting-edge knowledge, skills and research in economics, business management and statistics. With more than 7,000 students and 120 professors, located in Belgrade downtown, it is one of the largest schools of the University of Belgrade. In addition to tradition, modern curricula and high-quality staff, our school is distinguished for many additional reasons:

– The only school in Central and South-Eastern Europe to offer bachelor
programmes, taught in English, which provide two degrees – one
awarded by the University of London (lead college – London School of
Economics and Political Science) and one awarded by the University of
Belgrade (Faculty of Economics and Business);
– Four distinguished international master programmes, fully taught in
English by renowned international academics;
– ACCA accredited programmes;
– Member of EFMD;
– Internship opportunities in a large number of companies in 88
countries as well as in over 500 companies in Serbia and abroad;
– Start-up centre – business hub providing assistance to students who
want to turn their ideas into viable businesses;
– Many options for students mobility to more than 100 universities from
around the globe, through Erasmus+ and other exchange networks;
– The renovated and modern campus located in Belgrade downtown.

BACHELOR PROGRAMMES

We offer two bachelor programmes, which are fully taught in English:
• BSc Economics and Finance
• BSc Business and Management

General admission requirements for bachelor programmes

There are four general criteria that need to be met by students (of the Faculty of Economics and Business) to enrol in the University of London
programmes “BSc Economics and Finances” and “BSc Business and Management” at the Faculty of Economics and Business, starting from the
study year 2:

– Student is enrolled in the undergraduate studies at the University of Belgrade – Faculty of Economics and Business;
– Student earned at least 48 ECTS in the year 1;
– Student passed the exams in Mathematics and Foundations of Statistical Analysis in the year 1;
– Student has a valid English language certificate, as prescribed by the University of London (list available at programme web site).
Candidates who obtained secondary school degree abroad should have their degrees formally recognized by the Ministry of Education, Science and Technological Development of the Republic of Serbia. Additional information on this procedure are available at the Ministry website.

BSC ECONOMICS AND FINANCE

‘BSc Economic and Finance’ is an undergraduate programme of the University of London (academic direction by The London School of Economics and Political Science – LSE), which is delivered at the University of Belgrade – Faculty of Economics and Business, leading to two parallel degrees – one degree awarded by the University of London (academic direction by LSE) and one degree awarded by the University
of Belgrade – Faculty of Economics and Business (UB-FEB). LSE, providing the academic direction for this programme, shall develop syllabuses, prepare the study materials, and be responsible for the assessment of the students within this programme, while the University of Belgrade – Faculty of Economics and Business would provide respective teaching (in English) and support for the programme.

KEY FACTS:

DURATION: 1 year UB-FEB + 3 years UoL (LSE) (240 ECTS)
START: Applications: September; Start of semester: October
LANGUAGE: English
DEGREE: University of London (academic direction by LSE): BSc

Economics and Finance
University of Belgrade -Faculty of Economics and Business:
Graduate Economist
• FEES Approx. EUR 2,200 per year (payable to UoL)
• None – for domestic students; EUR 1,500 per year for foreign
students
• Scholarships are available for top candidates
CONTACT: www.ekof.bg.ac.rs/london/ef
Email: international.office@ekof.bg.ac.rs
Tel: +381 69 8066 388

QUALIFICATION AND CAREER PROSPECTS

This programme offers outstanding career opportunities, in international organizations, financial institutions, and public sector, non-for-profit
organizations or academia. The modern design of the program and its strong quantitative focus also provide excellent foundations for those
who want to pursue postgraduate studies, either in Serbia or at the top foreign universities.

LEARNING OUTCOMES

After successful completion of the programme, students will be able to:
– Understand the key issues arising in the area of finance;
– Understand the key issues arising in the area of finance;
– Understand economic principles and be able to apply them to
address issues in finance;
– Develop economic arguments in a logical manner and think in a
critical manner and evaluate an economic argument;
– Apply economic principles and quantitative techniques to the
analysis of economic and financial data;
– Apply economic reasoning to the analysis of a wide range
of policy issues.

GRADUATE DESTINATIONS

Graduates from this programme will be able to pursue careers in a wide range of professions which require strong analytical skills, including, but not limited to, the positions of financial economist in an academic environment; financial sector – investment and commercial banking; risk management; research; fund management or securities trading; or government and corporate sector.
Graduates of the programmes will have a sound basis for careers in a wide range of areas from major corporations to small businesses, government organizations, the voluntary sector, international organizations, and the media. Successful completion of a degree will allow a student to progress to postgraduate study in the degree field or a related area, or to pursue further professional qualifications.

CURRICULUM

BSC BUSINESS AND MANAGEMENT

‘BSc Business and Management’ is an undergraduate programme of the University of London (academic direction by The London School of Economics and Political Science – LSE), which is delivered at the University of Belgrade – Faculty of Economics and Business, leading to two parallel degrees – one degree awarded by the University of London (academic direction by LSE) and one degree awarded by the University
of Belgrade – Faculty of Economics and Business (UB-FEB). LSE, providing the academic direction for this programme, shall develop syllabuses, prepare the study materials, and be responsible for the assessment of the students within this programme, while the University of Belgrade – Faculty of Economics and Business would provide respective teaching (in English) and support for the programme.

KEY FACTS:

DURATION: 1 year UB-FEB + 3 years UoL (LSE) (240 ECTS)
START: Applications: September; Start of semester: October
LANGUAGE: English
DEGREE: University of London (academic direction by LSE):
BSc Economics and Finance
University of Belgrade – Faculty of Economics and Business:
Graduate Economist
FEES: Approx. EUR 2,200 per year (payable to UoL)
None – for domestic students; EUR 1,500 per year for foreign
students
Scholarships will be made available for top candidates
Email: international.office@ekof.bg.ac.rs
Tel: +381 69 8066 388of Belgrade – Faculty of Economics and Business (UB-FEB). LSE, providing the academic direction for this programme, shall develop syllabuses, prepare the study materials, and be responsible for the assessment of the students within this programme, while the University of Belgrade – Faculty of Economics and Business would provide respective teaching (in English) and support for the programme.

QUALIFICATION AND CAREER PROSPECTS

This program offers outstanding career opportunities and will prepare you for a career in the areas of business, banking, general management, accountancy, management consulting, and marketing. Modern design of the program and its strong quantitative focus also provides excellent foundations for those who want to pursue postgraduate studies, either in Serbia or at the top foreign universities

LEARNING OUTCOMES

After successful completion of the programme, students will be able to:
– Analyse business and management issues from the perspective of a
number of social science disciplines;
– Formulate and develop arguments on management issues in a logical manner;
– Critically evaluate claims made on a range of management issues;
– Display skills relevant to managing organisations effectively;
– Address both foundational and contemporary management issues, either public or private according to the courses chosen by the student;
– Understand aspects of business and sociology management relevant to managing organizations effectively

GRADUATE DESTINATIONS

This degree will prepare students for a career in areas of business, banking, general management, and accountancy, management consulting and marketing. Students could also gain entry to a master’s programme in this field.

CURRICULUM

INTERNATIONAL MASTER PROGRAMMES

MASTER PROGRAMMES

University of Belgrade – Faculty of Economics and Business offers four international master programs, which are fully taught in English:
• MSc in Quantitative Finance
• MSc in Applied Economics
• MSc in Business Informatics
• MSc in Taxation

General admission requirements for international master programmes

Candidates with bachelor degree of 180 ECTS are eligible to enrol in 2-year master programme, while those with bachelor degree of 240 ECTS (or more) are eligible to enrol both in 1-year or 2-year master programme. As the programmes are delivered in English, candidates are expected to have min. B2 level of English language competence. English language skills will be tested through the pre-admission interview. Candidates who have obtained a bachelor degree abroad should have their degrees formally recognized by the University of Belgrade. Additional information on this procedure are available at the University of Belgrade website.

INTERNATIONAL MASTER IN QUANTITATIVE FINANCE

International Master in Quantitative Finance (IMQF) is a one-year academic master programme in finance. Since its establishment in 2003, the IMQF programme has become a benchmark of quality in academic finance in South-Eastern Europe. The programme provides a background for CFA, FRM and PRM licences, as well as for a relevant PhD. Since the IMQF has been established as #1 master program in finance in this part of Europe, it provides access to a unique and vast alumni network. The programme graduates are in great demand at leading financial institutions, companies, regulatory agencies and international organisations in Serbia, as well as in global financial centres, such as New York, London, Paris, Amsterdam, etc.

KEY FACTS:

DURATION: 2 semesters (60 ECTS)
START: Applications: September; Start of semester: October
LANGUAGE: English
DEGREE: Master of Science (MSc) in Economics
FEES: Eur 4,000 per year
For distinguished candidates scholarships (up to 25%) are
available
CONTACT: www.ekof.bg.ac.rs/imqf
Email: international.master@ekof.bg.ac.rs
Tel: +381 69 8066386

LEARNING OUTCOMES

The IMQF programme has been designed to provide students with the advantageous combination of state-of-the-art academic qualification and a specialisation in the field of finance. After successful completion of the program, students will be able to:
– Understand and analyse complex financial problems using mathematical and statistical models;
– Use mathematical and statistical methods and computational procedures for financial decision-making;
– Understand how financial securities, such as stocks, bonds and derivatives, are traded and priced;
– Assess financial risk and understand how financial institutions manage their risk exposures;
– Handle financial market data and information systems in theory and practice;
– Work in teams and participate successfully in problem-solving processes.
Depending on the electives they choose, the students will also be able to write and present academic papers or develop and apply computational processes for finance-related problems. IMQF program also encourages students to embrace an interdisciplinary approach to the application of quantitative skills in finance.

GRADUATE DESTINATIONS

We welcome graduates or young professionals who wish to develop their careers in the world of finance and related fields of economics, data science and computing. Graduates from this program will be able to pursue career in a wide range of professions that require strong quantitative and analytical skills, including, but not limited to, the following positions:
– Financial analyst;
– Financial consultant;
– Risk consultant;

– Quantitative analyst;

– Financial data scientist;
– Quantitative developer.
IMQF programme provides a sufficient background for all three levels of the Chartered Financial Analyst (CFA) exams, as well as for globally recognised risk management exams such as FRM and PRM. Some of the former IMQF students continued their education towards a PhD degree in finance or economics at major international universities.

CURRICULUM

INTERNATIONAL MASTER IN APPLIED ECONOMICS

International Master in Applied Economics (IMAE) trains students to combine cutting-edge theoretical models and state-of-the-art empirical tools, in evaluating the economic phenomena and economic policy. This programme provides modern curriculum and high-quality academic training, as well as the options for internships at reputable national and European policy and financial institutions, think tanks and corporations. Experience and exposure to practical problems during internship will facilitate student’s work on preparation of the master thesis, which can be focused on academic or applied/policy issues. Modern design of the programme and its strong quantitative focus provides an excellent foundation for those who want to pursue doctoral studies, either in Serbia or at the top foreign universities abroad.

KEY FACTS:

DURATION: 2 semesters (60 ECTS)
START: Applications: September; Start of semester: October
LANGUAGE: English
DEGREE: Master of Science (MSc) in Economics
FEES: Eur 4,000 per year
For distinguished candidates scholarships (up to 25%) are
available
CONTACT: www.ekof.bg.ac.rs/imae
Email: international.master@ekof.bg.ac.rs
Tel: +381 69 8066386

LEARNING OUTCOMES

After successful completion of the programme, students will be able to:
– Apply fundamental theoretical concepts to critically evaluate optimal
decisions made by consumers and investors, to analyse the factors of
economic growth, to understand labour market phenomena as well as
causes and consequences of income inequality and poverty;
– Evaluate the role of government in economy and impact of government
intervention on households and businesses;
– Understand the behavioural models of economic decision-making;
– Empirically analyse and forecast economic phenomena and policies
using econometrics, machine learning, experimental and quasiexperimental methods;
– Effectively use modern software packages (e.g. STATA, R) for data
processing (including big data), as well as for statistical and
econometric analysis;
– Create and evaluate business and public policies, while taking into
account the public interest and social responsibility

GRADUATE DESTINATIONS

Graduates from this programme will be able to pursue career in a wide range of professions, which require strong analytical skills, including, but not limited to, the following positions:  Experts in economics – Economist, Econometrician, Labour economist, Economic analyst, Economic advisor, Economic researcher;  Public policy expert – Public policy analyst, Public policy advisor;  Mid-level and senior government officials – The governor and vice-governor of the central bank, Director of an international organization, State secretary, etc.  Teaching staff at higher education institutions  Research and Development Executives This programme also provides a good basis for pursuing doctoral studies in the Serbia or at high ranked university abroad

CURRICULUM

INTERNATIONAL MASTER IN BUSINESS INFORMATICS

International Master in Business Informatics (IMBI) is a programme that combines learning and application of knowledge and skills and IT. This programme is designed for students aimed to acquire broad understanding of information systems and their role in business environment and want to develop an interdisciplinary approach to management of IT projects that will prepare them for a successful career.

KEY FACTS
DURATION: Route A: 2 semesters (60 ECTS)
for candidates with bachelor’s degree of 240 ECTS
Route B: 4 semesters (120 ECTS)
for candidates with bachelor degree of 180 ECTS
START: Applications: September; Start of semester: October
LANGUAGE: English
DEGREE: Master of Science (MSc) in Economics
FEES: Eur 4,000 per year
For distinguished candidates scholarships (up to 25%) are
available
CONTACT: www.ekof.bg.ac.rs/imbi
Email: international.master@ekof.bg.ac.rs
Tel: +381 69 8066386

LEARNING OUTCOMES

After successful completion of the programme, students will be able to:
– Create and administer databases for business information systems;
– Actively use quantitative and informatics knowledge and skills in all areas of business;
– Actively connect the concepts of classical statistical data analysis and modern data science;
– Use advanced techniques and models in the field of data science;
– Manage IT projects in accordance with PMBOK standards, develop the project management and capital budgeting skills to enable activity,
programme and project costing, control and evaluation;
– Administer organizational change caused by the introduction of information systems.

GRADUATE DESTINATIONS

In accordance with the competences and knowledge they will acquire upon completion of this study programme, graduates will be able to
pursue career in a wide range of professions such as
– Information Systems Analyst;
– Heads of companies in the IT industry;
– Business System Analyst;
– Software development and testing experts;
– Application Support Specialist;
– Project manager for business transformation and digitization;
– Business IT consultant;
– Expert in the development and implementation of
information systems, solutions and services;
– Expert in implementation of cloud-based software solutions;
– Business system analyst using big data analytics tool;
– Consultant in the field of development of business system solutions

CURRICULUM

INTERNATIONAL MASTER IN TAXATION

International Master in Taxation is a one-of-a-kind master programme organized jointly by the University of Belgrade – Faculty of Law and the University of Belgrade Faculty of Economics and Business. This programme represents a unique opportunity for those who are set to develop their professional careers in the field of taxation, as well as in financial and legal advisory, since it provides students with both legal and economic perspective of the tax phenomena, by combining a modern academic framework and set of skills in law, economics, finance and accounting. In order to provide students with state-of-the-art mix of competences, the programme will be delivered by renowned professors from both of these faculties, as well as by distinguished academics from abroad, while the top practitioners from consulting and law firms will provide students with insight into contemporary practice.

KEY FACTS:

DURATION: Route A: 2 semesters (60 ECTS)
for candidates with bachelor degree of 240 ECTS
Route B: 4 semesters (120 ECTS)
for candidates with bachelor degree of 180 ECTS
START: Applications: September; Start of semester: October Winter term
LANGUAGE: English
DEGREE: Master (MSc) in Taxation
(joint degree awarded by both the Faculty of Law and Faculty of Economics and Business)
FEES: Eur 4,000 per year
For distinguished candidates scholarships (up to 25%) are available
CONTACT: www.ekof.bg.ac.rs/imt
Email: international.master@ekof.bg.ac.rs
Tel: +381 69 8066386
www.ius.bg.ac.rs/imt
Email: international.master@ius.bg.ac.rs
Tel: +381 11 3027 677

LEARNING OUTCOMES

After completion of this master programme, students will be able to:
– Understand the principles of taxation, the formulation,
implementation and economic evaluation of tax policy;
– Comprehend and analyse national, EU and international tax law, including tax procedure;
– Analyse and apply knowledge in accounting and finance in solving tax-related issues;
– Apply multidisciplinary competences in creation of tax policy, its implementation, compliance, and enforcement;
– Estimate tax effects of business operations and develop tax planning strategies in effective, but ethical manner;
– Follow and evaluate trends in contemporary taxation, from a comparative perspective;
– Develop and write arguments on tax-related issues, in a well-founded and systemic manner.

GRADUATE DESTINATIONS

Graduates from this programme will be able to pursue careers in a wide range of professions, which require
strong analytical skills, including, but not limited to, the following positions:
– Tax advisors in consulting and audit firms;
– Lawyers, judges and prosecutors who specialize in taxation;
– Mid-level and senior government officials and civil servants, officials of international organizations;
– Academic positions in higher education institutions;
– Public policy expert – Public policy analyst, Public policy advisor,
– Research and Development Executives.
This programme also provides a good basis for pursuing doctoral studies in Serbia or at high ranked universities abroad.

CURRICULUM

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