Faculty of Economics and Business University of Zagreb POSTGRADUATE (DOCTORAL) PROGRAMMES IN BUSINESS STUDIES AND ECONOMICS

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1 Faculty of Economics and Business University of Zagreb POSTGRADUATE (DOCTORAL) PROGRAMMES IN BUSINESS STUDIES AND ECONOMICS

2 1. INTRODUCTION 1.1. Reasons for establishing the studies Doctoral studies represent the highest level of education in the field of economics and business. The doctoral study programme presented here has been designed according to the principles of the Bologna Declaration, following the role models of the universities of Western Europe. The programme is of multidisciplinary nature and is focused on preparing students for high-level research in line with international standards. Trying to achieve excellence, the doctoral programme puts emphasis on methodological and theoretical knowledge as well as scientific developments. The ultimate goal of the programme is to create and develop autonomous research capacities indispensable to students in their further academic or business careers. The study programme encompasses advanced knowledge of economics and business. A multidisciplinary research of theory and its application provided by the programme will help meet the challenges present in all the segments and levels of the contemporary Croatian economy. The doctoral programme is in line with the development strategy of the Republic of Croatia thus contributing towards the development of the knowledge-based society Experience of the proposing institution in administering doctoral programmes and other postgraduate studies The doctoral programme has been designed on the basis of the experience in organising doctoral studies in Economics and Business at the Faculty of Economics and Business (FEB), University of Zagreb, which was started in 2001 before the reorganisation of the studies following the Bologna Declaration, as well as based on the experience gained in the organisation of the pre-bologna second-cycle studies (previously called post-graduate studies).

3 The doctoral programme of the Faculty of Economics and Business-Zagreb has been part of the European Doctoral Programmes Association in Management and Business Administration (EDAMBA) since EDAMBA is a network of doctoral studies of well-known European universities whose basic goal is to enhance the quality of doctoral studies and align the criteria for awarding doctoral degrees all over Europe. Doctoral students can therefore benefit from a number of advantages, such as lectures given by top university professors from Croatia and abroad, EDAMBA summer schools, seminars on research methodologies, visits to European universities, teacher-student cooperation, possibility to choose foreign professors as supervisors for their dissertations etc. The basic features of the doctoral studies are as follows: - full-time engagement (during three years) - integrated studies with two programmes (Economics and Business Studies) - prevalence of research content in the programme and - participation of eminent experts from abroad (visiting professors) covering one part of each course 1.3. Openness of the studies to student mobility and a capacity of the complete programme or some of its parts for integration into a joint study programme with foreign universities Candidates who have completed the graduate study programme and acquired 300 ECTS can enrol on the doctoral programme. Candidates who have received their qualifications (degrees) before the end of the academic year 2009/2010 can also enrol on the programme, which is described in Chapter 2 in Conditions for Enrolment. Students enrolled on the programme can attend courses and take exams for courses taught at other faculties within the same university, other faculties the Faculty of Economics and Business has signed agreements with, as well as at universities members of the EDAMBA. Furthermore, students can continue their studies at the same level in higher education institutions either in Croatia or in partner institutions abroad.

4 2. GENERAL INFORMATION Title of the study programme, related scientific area, field and branch Study programme coordinator (nositelj) Institutional strategy for the development of doctoral programmes Innovativeness of the doctoral programme Doctoral programme in Economics and Business Studies, area of social sciences, field of economics Initiator Faculty of Economics and Business (pokretač) Administrator Faculty of Economics and Business (izvoditelj) A strategic priority of the Faculty of Economics and Business is to develop doctoral studies able to compete with studies holding the same title in Europe. This is to be achieved thanks to the quality of the curriculum and competence of the lecturers and students. The Faculty will direct its presently available capacities and material and other investments into further development of the doctoral programme. The doctoral study has been designed as an interdisciplinary programme. This shows in the compulsory courses comprising mathematics and quantitative methods, philosophy of science, ethics and economic disciplines. In addition, candidates, in agreement with their supervisor, can choose any course taught at a doctoral programme at the University of Zagreb, other universities the Faculty has signed agreements with or at an EDAMBA university, provided the course is closely related to the candidates' dissertation. Trying to achieve excellence, the doctoral programme also envisages the participation of visiting lecturers from abroad as well as student visits to EDAMBA universities to attend a compulsory course in quantitative methods or an elective course.

5 Conditions for enrolment Selection criteria and procedure Competences acquired upon the completion of studies, possibility to Partnership with industry and the business community will be implemented via projects involving the students on the programme and their research. Conditions for enrolment on the doctoral programme are defined by the Doctoral Studies Regulations. The doctoral programme can be accessed by a student who has completed a related graduate study programme and acquired a minimum of 300 ECTS. Students who received their degrees (qualifications) before the end of the academic year 2009/2010 can also enrol on the doctoral programme (on conditions set by the study programme), these being: - students who have graduated from an appropriate fouryear pre-bologna academic study programme - students who have completed a pre-bologna postgraduate (second cycle) academic study programme which enables them to transfer 60 ECTS. - students who completed an appropriate post-graduate Bologna specialist study programme, which enables them to transfer 30 ECTS. The main prerequisite for enrolment is ensured participation of a student in a scientific or other project where he or she will do project research. Approval for the student's participation should previously be granted by the Faculty of Economics and Business. It is also necessary for the student to speak English as the programme envisages the participation of visiting lecturers and compulsory seminars held at universities abroad. Selection of candidates is based on the information on their knowledge and necessary qualifications defined by the conditions for enrolment and the Doctoral Studies Regulations. Enrolment follows a public invitation for applications. The completion of doctoral studies provides students with knowledge and skills necessary for independent research work in economics and business and for their participation in higher education institutions, public and private sector and research

6 continue research work, attend postdoctoral programmes and find employment in the public and private sectors institutes in the Republic of Croatia and abroad. Upon the completion of the doctoral studies, students are awarded the title of a doctor/doctoral degree (dr.sc.), equivalent of a Ph.D. Having obtained their doctor's degree, students can continue their development in postdoctoral programmes at any university in the world. 3. DESCRIPTION OF THE DOCTORAL PROGRAMME 3.1. Structure and organisation of the doctoral studies The postgraduate (doctoral) study programme in Economics and Business is a full-time programme lasting three years. The curriculum consists of lectures held in the first, second and third semester, and the dissertation is done in the next three semesters List of compulsory and elective courses and/or modules with the number of contact hours and ECTS The doctoral study programme starts with first semester. The aim of the semester is to teach students the basic knowledge of mathematics and econometrics necessary to master the programme and do independent research. The semester includes two compulsory courses, these being Mathematics for Economic Analyses and Introduction to Econometrics, each bearing 5 ECTS and 45 hours of lectures, and requiring 135 hours of independent work of a student. The following two semesters of the doctoral programme encompass all the courses that need to be attended and passed in order to obtain the doctor's degree. The second semester consists of the basic courses, compulsory for all the students, and the third semester contains the courses belonging to the module/major chosen by the student. The third-semester courses are

7 aimed at ensuring specialisation chosen by students according to their research interests. The emphasis is primarily on theoretical education, understanding theoretical approaches and the most recent research findings in the specific study area. Chart 1: Postgraduate (doctoral) programme at the Faculty of Economics and Business (Economics and Business) 1. semester Mathematics for Economic Analyses 5 ECTS 45 h +135 IWS Introduction to Econometrics 5 ECTS 45 h +135 IWS Quantitative Methods 5 ECTS 45h + 135h IWS Methodology of Research and Qualitative Methods 5 ECTS 45h + 135h IWS 2. semester Microeconomic Analysis 5 ECTS 45h + 135h IWS Philosophy of Science and Research Ethics 5 ECTS 45h + 135h IWS Major: ECONOMICS (2 compulsory courses) Macroeconomic Analysis 5 ECTS 45h + 135h IWS - Models of Economic Policy 5 ECTS 45h + 135h IWS 3 elective courses (depends on the dissertation) 3x5 ECTS 3x30h + 150h IWS 3. semester Major: BUSINESS STUDIES (2 compulsory courses) Theories of Business Administration 5 ECTS 45h + 135h IWS - Selected Topics in Business Administration 5 ECTS 45h + 135h IWS 3 elective courses (depends on the dissertation) 3x5 ECTS 3x30h +150hIWS semester Seminar on research methods held in one of the EDAMBA universities 5 ECTS total 60 ECTS Remark: IWS = independent work of a student The second semester contains courses providing the basis for research methodology: Quantitative Methods, Methodology of Research and Qualitative Methods, Microeconomic Analysis, Philosophy of Science and Research Ethics. Each of the 4 compulsory courses includes 45 contact hours and 135 hours of students' independent work. Each course bears 5 ECTS. In the third semester, students are divided in two programmes: Economics and Business Studies. Each study programme has 5 courses, two of which are compulsory and three elective. Compulsory courses for Economics are Macroeconomic Analysis and Models of

8 Economic Policy. Compulsory courses for the Business Studies programme are the Theory of Business Administration and Selected Topics in Business Administration. Table 1 shows all the compulsory courses. Table 1: List of compulsory courses taught at the postgraduate (doctoral) studies, Faculty of Economics and Business Zagreb (Economics and Business) COURSE TITLE Number of contact hours ECTS Mathematics for Economic Analyses 45 5 ECTS Introduction to Econometrics 45 5 ECTS Quantitative Methods 45 5 ECTS Methodology of Research and Qualitative Methods 45 5 ECTS Microeconomic Analysis 45 5 ECTS Philosophy of Science and Research Ethics 45 5 ECTS COMPULSORY COURSES FOR ECONOMICS Macroeconomic Analysis 45 5 ECTS Models of Economic Policy 45 5 ECTS COMPULSORY COURSES FOR BUSINESS STUDIES Theory of Business Administration 45 5 ECTS Selected Topics in Business Administration 45 5 ECTS Students can also choose elective courses relevant for their research work. Table 2 shows the list of electives. Table 2: List of elective courses taught at the postgraduate doctoral studies of the Faculty of Economics and Business (Business Studies and Economics) COURSE TITLE Number of contact hours ECTS Accounting for Financial Instruments 30 5 ECTS Financial Reporting of Non-profit Organisations 30 5 ECTS Auditing and Analysis of Financial Statements 30 5 ECTS

9 Accounting Policies and Business Decision-making 30 5 ECTS Cost Accounting in Business Decision-making 30 5 ECTS Modern Financial Intermediation 30 5 ECTS Monetary Policy and Analysis 30 5 ECTS Financial Institution Portfolio Risk Management 30 5 ECTS European Financial Markets 30 5 ECTS Public Sector Finance Management 30 5 ECTS Logistics 30 5 ECTS Trade Management 30 5 ECTS Goods and Services Markets 30 5 ECTS Trade Policy and Globalisation 30 5 ECTS Quality Management 30 5 ECTS Business Excellence Systems 30 5 ECTS Innovative Business Models 30 5 ECTS Knowledge Management Models for Business 30 5 ECTS Decisions Corporate IT and Change Governance 30 5 ECTS Strategic Planning and Development in Tourism 30 5 ECTS Strategic Marketing in Tourism 30 5 ECTS International Tourism Flow Management 30 5 ECTS Business Ethics 30 5 ECTS Analysis of Requirements for Tourism Development 30 5 ECTS Theories of Consumer Behaviour 30 5 ECTS Strategic Marketing 30 5 ECTS Market Research 30 5 ECTS Strategic International Marketing 30 5 ECTS Theory and Practice of Integrated Marketing 30 5 ECTS Communications Organizational Design and Development 30 5 ECTS Managerial Decision-making Theories 30 5 ECTS Strategy and Corporate Governance 30 5 ECTS Compensation Management Strategy 30 5 ECTS

10 Human Resource Management 30 5 ECTS Economics of Internal Capital Market 30 5 ECTS Financial Theory 30 5 ECTS Investment Valuation 30 5 ECTS Paradigms and Methodologies of Planning and 30 5 ECTS Business Analysis Business Crisis Management 30 5 ECTS European Law 30 5 ECTS Law and Institutions of International Trade 30 5 ECTS Population and Economic Development 30 5 ECTS Economics and Labour Market 30 5 ECTS Education and Development 30 5 ECTS Macroeconomic Analysis of Stabilization and 30 5 ECTS Convergence Regional Policy 30 5 ECTS Theory and Development Policy of the Real Sector of 30 5 ECTS the National Economy Agricultural Policy in Global Environment 30 5 ECTS Globalisation and Market Liberalisation 30 5 ECTS Analysis of Competitiveness in Globalisation 30 5 ECTS Entrepreneurial Leadership and Management 30 5 ECTS Advanced Industrial Economics 30 5 ECTS Selected Topics of Political Economy 30 5 ECTS Analysis of Schools of Economics Thought 30 5 ECTS All the elective courses have 5 ECTS, 30 contact hours and 150 hours of independent work of students.

11 3.3. Compulsory and optional activities (participation at seminars, conferences, roundtables etc.) and the criteria for ECTS-bearing activities. Table 3 lists the activities students are obliged to perform in their studies towards a PhD degree. In addition to the writing and the defending of the dissertation which represent minimum requirements for doctoral students, candidates can also engage in a large number of activities common to other research activities at the Faculty. Table 3: List of compulsory activities of the post-graduate (doctoral) study programme at the Faculty of Business and Economics Zagreb (Business and Economics) ECTS passing all the required exams 55 writing a draft research proposal 12 attending at least one seminar on research methods held at one of the 5 EDAMBA universities teaching (undergraduate seminars and tutorials) 24 preparing the dissertation and presenting the elaborated content of the 24 research (needs to be explained and defended before the Commission early in the third semester) publishing an article in an internationally recognized journal 10 participating in an international conference with a paper published in the 10 conference proceedings writing and defending the dissertation 40 TOTAL Pace of studies and student obligations. Requirements for advancement through studies, enrolment in next semester, trimester, or a more advanced year of study, and prerequisites for specific courses or a group of courses First year of study In the first year of study, in addition to passing exams, students are required to do the following:

12 write a draft research proposal (nacrt istraživanja) in the second semester, explain it and defend it before the Commission; students will gain 12 ECTS. attend at least one seminar on research methods held at one of the universities members to the European Doctoral Programs Association in Management and Business Administration (EDAMBA). Participation is ensured due to the Faculty s membership in the EDAMBA and students will gain 5 ECTS. teach at undergraduate seminars and tutorials, which bears 8 ECTS. Second year of study The second year of study is dedicated to the writing and defence of the elaborated research proposal (dispozicija). The draft research proposal for the dissertation has already been done in the second semester. In the third semester, the content of the research is elaborated and the student applies for the approval of the proposed research content (prijava teme). Exams should be passed and the draft research proposal should be completed and accepted in order for the student to apply for the approval of the proposed research. The public defence of the elaborated research proposal before the Commission will result in 24 ECTS after which the student can start working on the dissertation. In the second year, doctoral students obtain 8 ECTS through teaching in undergraduate seminars and tutorials. Third year of study In the third year of study, students work on the dissertation and obtain 40 ECTS after the defence which takes place before the end of the third year. In addition to the defence of the thesis, additional requirements for students are as follows: Publishing an article based on the student s research in an internationally recognized journal (10 ECTS). presenting a paper in an international conference before the end of the third year with the article being published in the conference proceedings (10 ECTS). teaching at undergraduate seminars and tutorials (8ECTS)

13 Upon the completion of the studies and the defence of the doctoral dissertation, students receive a Doctor of Science diploma in the field of Economics and the title of a doctor of social sciences marked as PhD (dr. sc. in Croatian) Mentoring and guidance system, methods of selecting students, responsibilities mentors (studentski savjetnici), doctoral supervisors (voditelji doktorskih radova), and of doctoral candidates. Mentoring and guidance, methods of selecting students and obligations of students' mentors, doctoral supervisors and doctoral candidates are defined by the Regulations for Doctoral Studies List of courses and/or modules that students can take from other postgraduate (doctoral) study programmes and professional (specialist) study programmes. Doctoral students can choose all the courses and/or modules from other post-graduate doctoral studies from the university they belong to, faculties the Faculty of Economics and Business has signed an agreement with, as well as from any EDAMBA university List of courses and/or modules that can be taught in a foreign language (language specified). Each course will be partly taught in English by visiting lecturers from abroad. It is envisaged that the full doctoral programme of the Faculty of Economics and Business will be taught in English over time. This will depend on the interest of foreign students for the programme ECTS criteria and transfer conditions allocating credits to courses taught at other study programmes within the proposing university or at other universities

14 Courses taken at other study programmes of the proposing university or at other universities will be assigned the same number of credits allocated to courses at the selected university Completion of studies and requirements for the application for the approval of the proposed content of the research. Procedure and conditions for the approval of the research proposal. Procedure and conditions for the evaluation of the doctoral dissertation. Conditions and procedure of the defence of the doctoral thesis. Doctoral students can have a supervisor from abroad. The draft research proposal (nacrt istraživanja) is written in the second semester, and both the elaboration of the content of the research (dispozicija) and the application for the approval of the proposed research (prijava teme) take place in the third semester. In order to apply for the research approval, students should pass all the exams, complete the draft research proposal and defend it before the Commission. The procedure and conditions for the approval of the research proposal and the defence of the elaborated research proposal before the Commission, as well as the evaluation procedure and criteria together with the conditions and procedure of the defence of the dissertation are determined by the Doctoral Studies Regulations Conditions for the continuation of the studies for students who abandoned their studies or have lost a right to study Conditions for the continuation of studies for students who abandoned their studies or have lost a right to study are defined by the Regulations for the Doctoral Studies.

15 3.11. Requirements qualifying the student for a certificate of partial completion of the doctoral study programme as part of lifelong learning Conditions for students entitlement to a certificate of the partial completion of the doctoral study programme as part of lifelong learning are defined by the Regulations for the Doctoral Studies Conditions for and the method of the award of a doctoral degree to students who enrol on the doctoral study programme and write the dissertation without coursework (without class attendance and taking exams) It is not possible to obtain a doctor s degree by enrolling on the doctoral study programme and writing a dissertation without class attendance and exams (without coursework). However, doctoral students who were awarded a pre-bologna two-year academic master s degree will be assigned 60 ECTS, and those with a specialist Bologna post-graduate degree will be assigned 30 ECTS Maximum length of study The maximum length of doctoral studies, from their beginning to the completion at the Faculty of Business and Economics is five years.

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