Seventh semester - Zagreb School of Economics and Management

Seventh semester

This course represents a study into decisions made in production and procurement, and covers the five relevant decision areas when managing a production process: quality, processes, capacity, inventory, and labor. After the course introduction, quality management will be discussed, as well as methods of quality control and improvement. Students will also be introduced to the principles of project management, and will learn how to make short-term and long-term decisions in regard to matters of capacity planning. While the goal of this course isn’t to provide students with a technical background, they will develop an understanding of the production process and, once they start their careers in renowned companies, will be able to predict procurement needs based on demand levels.

In the modern business world, Enterprise Resource Planning systems (ERP) are a crucial tool in managing some of the world’s largest corporations, am active knowledge of these systems is often considered a big advantage on the job market. In this course, students will have an insight into information systems from a business’ perspective, and will learn how to implement and manage an ERP system in a small, medium, and large enterprise. During this course, students will also have an opportunity to create and present a plan for ERP implementation in a chosen company. The best assignments will be presented at the Student MIS Conference, which takes place at the Zagreb School of Economics and Management annually. Along with this, students will continually engage in discussions through our distance learning platform – Blackboard.

As Croatia has recently become a full member of the European Union, it is extremely important that students, who are about to enter the business world, are familiar with the bodies and institution that will affect the way business is done in their organizations. For this reason, it is necessary to explain the complexity of the European Union, and to emphasize how the process of European integration is still incomplete- For this reason, one of this course’s goals is to help students adapt when doing business in this new reality of globalization. Be learning to adapt to the European legal framework, students will increase the stability of their business, avid unnecessary additional costs, and avoid damages that arise from improper or illegal business activities.

A good education, a prosperous career, and hard work are no guarantee of financial stability. The state of personal and family finances often doesn’t depend on the size of your salary, or on your education level. This course introduces students to modern personal finance, and consists of four parts. The first part gives students a framework for organizing and managing their personal finances. Topics in the second part include money management, liquidity, and financial obligations. The third part gives students and insight into how to invest for the future, while the final part analyses methods of protecting wealth, such as insurance and planning for retirement. The coursework is based on a theoretical framework and on practical examples of family activities such as financing real estate, planning for retirement, etc.

During this course, students will study literature from different areas of economics with the goal of learning the basics of international economics, key terms, and economic principles in these areas, including: Ricard’s Model, the Hecksher-Ohlin Model, the standard trade model, the effects of tariffs, export subsidies and import quotas, trade balances, exchange rates and foreign exchange markets, money, interest rates and exchange rates, price levels and exchange rates in the long term, domestic production and exchange rates, and others. By completing this course, students will learn to use microeconomic and macroeconomic analysis tools and models in order to understand global movements of goods and capital, and to analyze and interpret differences between various countries.

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