The key objectives of the programs studied at the Department Economic Sciences are: equipping students with state-of-the-art managerial knowledge, developing practical managerial skills, teaching students how economic, social, political and cultural conditions are formed and how they influence the company performance and strategies, and coach students in the skills of creating and strengthening the company competitive superiority. The knowledge of foreign languages, economics, computing and marketing gives an ability to cooperate with businesses all over the World. To help students to achieve these goals, we use of the latest audio-visual materials and the finest foreign and domestic publications.

At the Department of Economic Sciences WSFiZ offers courses in English:

Business Administration (ВА, MA)

The Business Administration programs offer you the opportunity to gain the knowledge, skills and confidence to enter a wide range of occupations with the business environment. All the key activities common to every business organization – problem solving, decision making, strategy planning and implementation – are considered within this subject and set within the context of an increasingly global marketplace. Overall, the course mix academic and vocational experience to great effect, producing young professionals with high standards of knowledge and the ability to apply their skills practically.

International Trade (BA)

International trade has increased dramatically over the last two decades with the emergence of the North American, European and Asian trading blocs. This has led to an increase in the scope and scale of international companies. International Management explores the practices of these companies within the global economy. The discipline of Economics is one of particular relevance in the world today, and when studied alongside a complimentary business related subjects offers graduates the flexibility to apply their skills in many professional areas. The subjects are taught in a way that emphasizes adaptability and the international perspective is maintained throughout. Now, more than ever before, money really does ‘make the World go round’.

E-Business (BA)

Most business processes primarily involve communicating information. As a result, most improvements in business result from advances in information technology, a field that is changing so rapidly it is difficult even for professionals to keep up with it. Our philosophy is that professionals must learn not technology alone, but how to keep up with technology. An equally important precept of our program is that skills cannot be taught, but must be learned through practice. We follow these principles through a unique program specifically designed to produce e-Business professionals.

Information Technology (BA – 3 years)

Information technology is a growing field that offers relatively secure positions for those with solid technical skills and at least a bachelor’s degree in an IT-related field. From support to engineering, there are several specializations that deal with the various facets of information technology. The field of information technology (IT) covers the design, administration and support of computer and telecommunications systems. Some of the positions in this field include database and network administrators, computer support specialists, computer scientists, software programmers and system analysts. The majority of career tracks in IT entail design and operational tasks related to computer hardware components, networks and software applications. Professionals in the IT field work with businesses and organizations to set up and support viable computer networks that will keep systems efficient and reliable.

Hotel Management (ВА)

The Hotel industry is in continuous need of managerial staff with graduate status, and varied, challenging and rewarding careers await enthusiastic and committed managers in all arrears of the disciplines including: hotels; restaurants; nightclubs; and cruise liners at home and abroad. This course will provide students with a solid education in the area of hospitality whilst helping students to understand the legal, managerial and social issues. Our aim is, to ensure that you become a truly effective manager, with requisite skills to continually improve and develop. Our graduates are popular with employers and often move directly into contract catering, event and corporate hospitality management, tourism and leisure management and restaurant or licensed retail management.

International Business (MА)

International trade has increased dramatically over the last two decades with the emergence of the North American, European and Asian trading blocs. This has led to an increase in the scope and scale of international companies. International Management explores the practices of these companies within the global economy. The discipline of Economics is one of particular relevance in the world today, and when studied alongside a complimentary business related subjects offers graduates the flexibility to apply their skills in many professional areas. The subjects are taught in a way that emphasizes adaptability and the international perspective is maintained throughout. Now, more than ever before, money really does ‘make the World go round’.

Managerial Finance (MА)

This course has been designed to provide you with a detailed knowledge of the conceptual and applied aspects of finance, together with an analysis of the management processes and disciplines alongside which finance functions. It aims to develop your understanding of modern finance theories, together with the skills to apply them. It will also provide you witha broader understanding of the socio-economic, legal and professional environment within which finance operates.

Master of Business Administration – (MBA – 2 years Postgraduate Studies)