Course ID 17СТ01
  • Entrepreneurship
  • Finance and Banking
  • Tourism and Hospitality
  • Trade and International Business
Number of classes 2+2
Semester 1
Status Core
The main objective of the course is to provide students with the knowledge of the basic categories and principles of an organisation’s operations as well as to help them to develop competencies (knowledge, skills), personal characteristics and abilities which will help them to better understand other related subjects to be taught in subsequent years of their studies.
Upon completion of the course the student will have acquired the ability of critical thinking and reasoning in the process of solving concrete real-life business-related problems. The student will have learned that efficient integration of managing and leading people as the basic elements of the system of management concept represent the essence and structure of the impact on the processes in organisations.
Besides understanding the general concepts of the theory of management, the student will have acquired skills, techniques and technologies such as: holistic and system technology, quantitative and qualitative methods and techniques, total quality techniques, brainstorming, reengineering, benchmarking, etc.
• Management, managers, organization and business environment;
• Theories of management;
• Planning;
• Organizing;
• Leadership;
• Motivation;
• Teams and team work;
• Communication;
• Controlling;
• Specific topics and areas of application of the management concepts.
Practical training
• Case studies and real-life business-related problems;
• Preparations for a case study assignment.
Ђуричин, Д., Јаношевић, С., & Каличанин, Ђ. (2012). Менаџмент и стратегија. Београд: Центар за издавачку делатност Економског факултета.

Cole, G. A., & Kelly, P. (2011). Management theory and practice. Hampshire: South-Western Cengage Learning.

Robbins, S. P., & Coulter, M. K. (2012). Management. Boston: Prentice-Hall.

Thomas, C. R., & Maurice, C. S. (2011). Managerial economics: foundations of business analysis and strategy. New York: McGraw-Hill.

Merchant, K. A., & Van der Stede, W. A. (2012). Management control systems: performance measurement, evaluation and incentives. Harlow: Pearson.
Lectures and seminars (the combination of frontal and interactive teaching), real-life busines-related problems and self-made case studies, synthesis of learned material.
Assessment (maximum number of points 100)
Exam Requirements 45 points Final exam 55 points
Attendance 5 Written exam 55
Ongoing assessment 30 Oral exam  
Class participation 10  
Case study