Business Management

EUROACADEMY

Faculty of Business Management

1. Name of the Curriculum Ärijuhtimine
2. Name of the Curriculum in English Business Management
3. Higher education level Professional higher education
4. Study form(s) Full-time study and part-time study
5. Educational establishment EuroAcademy
6. Volume of Curriculum (ECTS) 180 ECTS
7. Nominal duration of studies 3 years
8. Curriculum group Business and administration
9. Curriculum code in Estonian Education Information System (EHIS) 137098
10. Language(s) of instruction English
11. Other languages needed for achieving the study outcomes  
12. First registration of the Curriculum 05.01.2012
13. Date of approval of the curriculum version in the educational establishment 25.08.2015 by EuroAcademy´s Senate

25.08.2015 the NPO Eesti Euroinfo Ühing Managing Board

14. Admission requirements Secondary education or corresponding foreign qualifications; interview at the admissions commission.

In the language of instruction, the language level B2 is needed, if the previous education has not been acquired in the language of instruction.

15. Curriculum’s major speciality (or specialities) and their volume (ECTS) Major speciality: Business management

(180 ECTS)

16. Minor(s), other possible specializations and their volume (ECTS) Specializations:

Management in the area of culture (18.0 ECTS)

Management in the area of tourism (18.0 ECTS)

17. Goals of the Curriculum ·       To provide broad-based economic and business education, offering systematic economics-theoretical knowledge and company management and economy knowledge and skills, providing prerequisites for work in various offices in business and other organisations or for continuing studies in the Master programme.

·       To deepen the general knowledge about society and economy, underlying formation of social competence and the capacity to react to changes in the society, expected from higher education.

·       To develop the capacity for independent work and the analytical skills, enabling the person having passed the programme to be an independent competent decision-maker in his professional activity.

18. Outcomes of study  The person having passed the curriculum:

·       Will possess the knowledge about general functioning of the economy and major areas of business management and its problems, possessing professional competencies (in conformity with requirements of the professional standard „Business manager IV“) enabling him or her to work as a specialist or manager  in various offices in business and economic organisations: the skills for working as business manager; the skills for working in accounting and finance area; the skills for working in the area of marketing; the skill to be an entrepreneur; the person having passed the major in culture management will possess additionally the skills to manage the culture organisations and projects.

·       Will have a systemic overview of theoretical bases of economy and business, of their basic concepts and research methods. He/she will be able to view as a system the economic and business processes.

·       Will understand the fields of application of various areas of business and their interdisciplinary links.

·       Will be able to formulate and analyse the business management related problems and initiate the projects, to find suitable methods and technologies to solve the professional problems and to estimate various solutions.

·       Will know the communication skills and information and communications, necessary for professional activity. He or she will be ready for cooperation with various target groups and he or she will be capable of teamwork and leading the team.

·       Will be able to participate in the language of instruction and English, in specialist discussions, being able to explain the problems considered both verbally and in written.

·       Will be ready to participate in civic society, being aware of the role of his/her professional activity and its consequences and ethical problems.

·       Will be able to determine the needs for complementary education and will have the prerequisites for taking the Master programme.

19. Name of diploma or academic degree(s) upon graduation Diploma of professional (applied) higher education
20. Documents issued upon graduation Diploma of professional higher education, Transcript of records,  Diploma Supplement in English
21. Short description of the Curriculum structure Structure of Curriculum:

Obligatory modules (total 117 ECTS)

General modules (29 ECTS), incl.:

     General subjects (23 ECTS)

     Languages (6 ECTS)

Basic modules (88 ECTS), incl.:

     Economical-theoretical framework of business (9 ECTS)

     Informatics and mathematics (15 ECTS)

     Management (13.5 ECTS)

     Marketing management (10.5 ECTS)

     Accounting and finance management (20.5 ECTS)   

     Entrepreneurship (19.5 ECTS)

Modules of elective subjects (14 ECTS to be elected)

Economy

Management and entrepreneurship

Accounting

Module of other subjects

Optional subjects (6 ECTS)

Term paper (3 ECTS)

Seminar (3 ECTS)

Practice (27 ECTS)

Graduation thesis (10 ECTS)

Module of specialization:

Culture management (18 ECTS)

Tourism management (18 ECTS)

22. Options for completing the Curriculum The possibility to get specialization in management of culture area

The possibility to get specialization in management of tourism area

23. Graduation requirements Completing the curriculum in its full scope, including the defence of the graduation thesis. 
24. Additional information Dean of Faculty of Business Management Maret Branten PhD, Phone 6115807

E-mail:  maret@euroakadeemia.ee;   www.euroakadeemia.ee

 

 

 

CURRICULUM MODULES, THEIR GOALS AND STUDY OUTCOMES

 

GENERAL MODULES:

 

Name of Module: General subjects Volume: 23.0 ECTS
Goals To provide the general modern world outlook and skills needed to a specialist in business and economy. To form the necessary social competence, providing general knowledge about the society and basic skills to act as member of the contemporary society. To teach basics of research.
Study outcomes The person having passed the module:

  • Will possess knowledge about society and economy:

Will know the philosophical treatments of the world.

Will orient in bases of law.

Will orient in principles and legislative framework of the European Union.

Will be aware of ecological and environmental protection problems.

  • Will be able work with computer: Word, Excel, PowerPoint, possibilities of Internet.
  • Will be able to carry out elementary research.
Assessment of module: As per subjects, basing on the general grading system
Subjects
Code Name of subject Volume ECTS
GPEN6060 Computer studies 3.0
GPEN6020 Law Fundamentals 3.0
GPEN6080 Office Work Management 2.0
GPEN6010 Philosophy 3.0
GPEN6100 Fundamentals of Ecology and Environmental Protection 3.0
GPEN6045 EU Fundamentals and Institutions 3.0
GPEN6030 Innovatics 3.0
GPEN6090 Fundamentals of Research 3.0

Principles of selection: Obligatory module

Name of module: Languages Volume: 6.0 ECTS
Goals To teach the foreign languages, in order to provide the ability to communicate internationally in speciality: the ability to read specialist articles and books in a foreign language, to communicate with the business partners, to participate at international conferences, to explain his/her position verbally and in written.
Study outcomes The person having passed the module:

Will have mastery of English and English business language on level B2.

Assessment of module  As per subjects, basing on the general grading system

Subjects

Code Name of subject Volume ECTS
K090 Business English 6.0
K001 Estonian 6.0
K002 Russian 6.0
K050 French (A1) 6.0
K060 Italian (A1) 6.0
K070 German (A1) 6.0
K080 Spanish (A1) 6.0

 

Principles of selection: It is obligatory to pass the language programmes in the scope of 6 ECTS (Business English).  Other languages can be studied as elective or optional subjects.

 

BASIC MODULES: they will provide a systemic understanding of functioning and problems of economy and business area, basic competences in specialty (total 88 ECTS)

* The noted subjects are not envisaged in the culture management direction

** The noted subjects are not envisaged in the tourism management direction

Name of module: Basic module 1. Economical-theoretical framework of business Volume: 9.0 ECTS
Goals To provide knowledge in area of economical theory and economical politics, being theoretical framework for treatment of business and entrepreneurial processes.

To present the regularities of general functioning of the economy: macro- and micro-economical model. To teach perceiving the impact of macro- and micro-economical processes on entrepreneurship. To give an overview of the goals of economic policy and possibilities to realise them.

Study outcomes The person having passed the module:

  • Will know theoretical foundations of economy and have knowledge of general functioning of economy.
  • Can use the concepts of macro- and microeconomics and their regularities for perceiving and analysing the concrete economical situations
  • Can visualise the company and business processes in the macro- and micro-economical context
  • Will have the knowledge of feasibility and consequences of use of different economical-political levers
Assessment of module As per subjects, basing on the general grading system
Subjects
Code Name of subject Volume
BPEN1010 Foundations of economic policy** 3.0
BPEN1020 Microeconomics 3.0
BPEN1030 Macroeconomics 3.0

Principles of selection: Obligatory module

Name of module: Basic module 2. Informatics and mathematics Volume: 15.0 ECTS
Goals To provide knowledge in mathematics and possibilities of application of mathematics at solving mathematical tasks. To teach statistical methods. To provide basic knowledge on use of quantitative methods in economical and business analysis. To teach applications of business information technology.
Study outcomes The person having passed the module:

  • Can solve the tasks of economy, by use of economical mathematics and apparatus.
  • Will know and can use the statistical methods.
  • Will be able to use in practice the above skills.
  • Is well versed with solutions of modern information technology.
Assessment of module As per subjects, basing on the general grading system
Subjects
Code Name of subject Volume ECTS
BPEN1040 Informatics 3.0
BPEN1050 Information technology 4.5
BPEN1060 Business mathematics* 4.5
GPEN6050 Methods of Statistics 3.0

Principles of selection: Obligatory module

Name of module: Basic module 3. Management

Volume: 13.5 ECTS

Goals To teach the theoretical bases of management of organisations and use of theory in various situations.
Study outcomes The person having passed the module:

  • Will know the fundamental principles of organisation and human resource management and various concepts.
  • Will know the main activities of management and basic competences of manager and leader.
  • Will have the knowledge of build-up of organisation and distribution of work, organisation behaviour and organisation culture.
  • Will regard as important the formation of values and human relations in organisation.
  • Is capable of teamwork and can solve conflicts.
  • Can consciously select between different management styles
  • Will know the problem range of the area, can analyse different management situations and choose solutions
  • Will be knowledgeable about ethical problems of management.
Assessment of module As per subjects, basing on the general grading system
Subjects
Code Name of subject Volume ECTS
GPEN6160 Basics of management 3.0
BPEN1070 Organisational behaviour 4.5
BPEN1080 Strategic management 3.0
BPEN1090 Personnel management 3.0

Principles of selection: Obligatory module.

Name of module: Basic module 4. Marketing management Volume: 10.5 ECTS
Goals To provide basic knowledge of marketing as functional area of business management. To teach price formation. To teach logistics.
Study outcomes The person having passed the module:

  • Will know the problems of marketing area.
  • Can analyse the market situations and use various marketing techniques.
  • Can do market research.
  • Will know the principles of price formation and can apply them.
  • Will know ethics of marketing.
  • Will have an overview of problems and importance of marketing communication.
  • Can solve the logistical tasks
Assessment of module As per subjects, basing on the general grading system

Subjects

Code Name of subject Volume ECTS
BPEN1100 Marketing 4.5
BPEN1110 Price formation** 3.0
BPEN1120 Logistics*,** 3.0

Principles of selection: Obligatory module.

 

Name of module: Basic module 5. Accounting and financial management Volume: 20.5 ECTS
Goals To provide knowledge of economic accounting as a system, about finance of the company and institutions related to financial activity of the company – banks and stock exchange.

To teach legal and conceptual framework of financial accounting (accountancy) and carrying out economical accounting in the company. To provide the fundamental knowledge about the management of company finance and sources of financing. To teach money and banking and the matters concerning securities.

Study outcomes The person having passed the module:

  • Will know the legal and conceptual framework of financial accounting
  • Will have mastery of methods and process of financial accounting.
  • Can draw and analyse the financial reports of the company.
  • Will know the alternative accounting methods and can make a choice between them.
  • Is knowledgeable about the ethical issues of financial accounting.
  • Can make a choice between different financing and investing possibilities.
  • Will know the principles of banking.
  • Will be knowledgeable about securities and transactions with them.
  • Can operate as an accountant.
Assessment of module As per subjects, basing on the general grading system

Subjects

Code Name of subject Volume ECTS
BPEN1130 Financial and management accounting 7.0
BPEN1140 Securities and stock exchange*,** 4.5
BPEN1150 Money and banking** 4.5
BPEN1160 Company finance* 4.5

Principles of selection: Obligatory module

Name of module: Basic module 6. Entrepreneurship

Volume 19.5 ECTS

Goals To provide knowledge about business management as an interdisciplinary area of activity, whose basic functional components are management, marketing management and financial management. To teach the matters relating to founding a company and management thereof. To provide an overview of entrepreneurial environment and legislative framework of entrepreneurship
Study outcomes The person having passed the module:

  • Will be able to perceive the links between various domains and problems of business and business management as an interdisciplinary area of activity, whose functional components are management, marketing management and economical accounting and finance management
  • Will have a systemic overview of business
  • Can analyse the entrepreneurial environment and markets
  • Can estimate the possibility and potential of creating a company
  • Can draw a business plan
  • Can set up a virtual business
Assessment of module As per subjects, basing on the general grading system
Subjects
Code Name of subject Volume ECTS
BPEN1170 Foundations of business management 3.0
BPEN1180 Virtual business* 3.0
BPEN1190 Organisation of company 4.5
BPEN1200 Business law 3.0
BPEN1210 Labour law 3.0
BPEN6210 Project management 3.0

Principles of selection: Obligatory module

 

MODULES OF SPECIALISING

Name of module: Management of culture

Volume: 18.0 ECTS

Goals To teach the issues of economics and management of culture organisations and projects.
Study outcomes The person having passed the module:

  • Will be able to market the cultural events.
  • Will be able to fund culture organisations and projects.
  • Will be able to work with creative people.
Assessment of module As per subjects, basing on the general grading system
Subjects
Code Name of subject Volume ECTS
BPEN5010 Foundations of creative economy 4.5
BPEN5020 PR techniques in culture 3.0
BPEN5040 Marketing in culture 2.5
BPEN5050 Organisation of activity of the cultural institutions 2.0
BPEN5060 Culture finance 3.0
BPEN5070 Advertising in culture 3.0

Principles of selection: module must be selected to provide specialising in culture management

 

Name of module: Management in the area of tourism

Volume: 18.0 ECTS

Goals To teach questions of economics and management of tourism organisations and projects.
Study outcomes The person having passed the module:

  • Will be able to work in tourist organisations holding various positions
Assessment of module Per subjects, on the basis of a general assessment system
Subjects
Code Name of subject Volume ECTS
BPEN6010 Basics of tourism economy 4.0
BPEN6020 The world’s tourism geography 4.0
BPEN6030 Organisation of travelling insurance 3.0
BPEN6040 Organisation of tourism servicing 4.0
 BPEN6050 Tourism management 3.0

Principles of choice: the module must be selected for acquiring the speciality Tourism Management

 

ELECTIVE SUBJECTS MODULES: will enable to deepen the specialist knowledge upon student’s option; to elect subjects within 14.0 ECTS.

 

Name of module: Electives module 1. Economy  
Goals  To deepen the knowledge of the area of economy.
Study outcomes The person having passed the subjects of the module will have an in-depth knowledge of the area of economy.
Assessment of module As per subjects, basing on the general grading system
Subjects
Code Name of subject Volume ECTS
BPEN3010 Estonia’s development scenarios 3.0
BPEN3020 History of economy 3.0
BPEN3030 International Economic Strategy 3.0
BPEN3040 Foreign economy and trade 4.5
RPEN1220 Economic and Financial Policies of the EU 2.5

 

 

Name of module: Electives module 2. Management and entrepreneurship  
Goals To deepen the knowledge of the area of management and entrepreneurship.
Study outcomes The person having passed the subjects of module will have an in-depth knowledge of the area of management and/or entrepreneurship.
Assessment of module As per subjects, basing on the general grading system
Subjects
Code Name of subject Volume ECTS
BPEN3050 Management programmes on computer 3.0
GPEN6220 Small entrepreneurship 3.0
BPEN3060 Business ethics 3.0
GPEN6200 Law of Obligations 3.0
BPEN3070 Law of Property Act 3.0
GPEN6170 Protection of intellectual property 3.0
BPEN3080 Consumer behaviour and consumer protection 3.0
BPEN3150 Analysis of company competitiveness 3.0
BPEN3090 Occupational safety and occupational health 3.0

 

Name of module: Electives module 3. Accounting  
Goals To deepen knowledge of the area of economic accountancy.
Study outcomes The person having passed the subjects of module will have an in-depth knowledge of the area of economic accountancy.
Assessment of module As per subjects, basing on the general grading system
Subjects
Code Name of subject Volume ECTS
BPEN3100 Yield on investments 2.0
BPEN3110 Accounting programmes on computer 2.0
BPEN3120 Taxation and public finance 4.5

 

Name of module: Electives module 4. Module of other subjects

 
Goals To deepen selectively different specialist knowledge.
Study outcomes The person having passed the subjects of module will have learned the languages and/or culture study/sociology/psychology
Assessment of module As per subjects, basing on the general grading system

Subjects

Code Name of subject Volume ECTS
GPEN6130 Cultural Studies 3.0
K030-K080 Languages from the languages module Every language 6.0
GPEN6140 Sociology 3.0
GPEN6120 Psychology 3.0
RPEN1170 Public relations and mass media 3.0
GPEN6190 Protocol and etiquette 3.0
RPEN1040 International organisations 3.0
GPEN6180 EU Environmental Security 3.0

 

Optional subjects
Volume at least  6.0 ECTS
Goals To enable the student to elect subjects according to his/her preferences and interests from other EuroAcademy curricula, from other Estonian higher schools or those of foreign countries.
Study outcomes Will depend on elected subject. In addition to that, experience and widening of world outlook resulting from mobility.
Assessment Transfer of ECTSs on general bases

Principles of selection: obligatory as regards 6 ECTS

 

Term paper BPEN4050
Volume  3.0 ECTS
Goals To develop the student’s abilities for independent research work. To deepen knowledge of the area in which the term paper is written.
Study outcomes The person having passed the module:

  • Will be able to carry out research and process and analyse the data.
  • Will be able to organise the results of research.
  • Will be able to present the research.
  • Will possess enhanced knowledge in topic of the term paper.
Assessment On the basis of general grading system

Principles of selection:  obligatory

 

Seminar BPEN1220
Volume  3.0 ECTS
Goals To provide specialist knowledge in topical issues. To deepen the skills of the students in independent work by preparing the seminar topics. To deepen the skills of students for speaking up and participating in teamwork.
Study outcomes The person having passed the module:

  • Will be able to compose abstracts and papers.
  • Will be able to speak up and defend his/her positions.
  • Will be able to work in a team.
Assessment On the basis of general grading system

Principles of selection:  obligatory

 

Practice BPEN4000
Volume 27.0 ECTS
Goals To enable the student to get an idea of practical work of companies /organisations, their structure, management, objectives etc. To enable the student to get work experience, by using the theoretical knowledge acquired.
Study outcomes The person having passed the module:

  • Will be able to use the learned knowledge in actual work environment.
  • Will possess the specialist work experience.
  • Will be aware of the need for continuous work-related complementary education.
  • Will possess understanding of work organisation and management of institutions /organisations.
Assessment On the basis of general grading system
Code Name of subject Volume ECTS
BPEN4001 1st practice. Organisation of work at company 9.0
BPEN4002 2nd practice. Organisation of management in a company 9.0
BPEN4003 3rd practice. Pre-diploma practice 9.0

 

Principles of selection:  obligatory

 

Graduation thesis BPEN7000 Volume: 10.0 ECTS
Goals To provide the experience of independent scientific work and to find out about the ability to use the knowledge acquired during the period of instruction.
Study outcomes The person having passed the module:

  • Will be able to use the matters learned at setting up the problem, focussing on it and solving it.
  • Will be able to work with theoretical sources.
  • Will be able to carry out empirical research and process the data.
  • Will be able to prepare for publication of a scientific research.
  • Will be able to present the work.
Assessment Assessment will take place at public defence of the graduation thesis and it is graded

 

Principles of selection:  obligatory

 

Dean M. Branten, PhD