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Information on degree branches

CodeDegree Branch TitleLanguage of InstructionStandard Length of Study
S02Economic DevelopmentCzech2.0 years
Qualification AwardedMaster degree, Ing.
Level of QualificationSecond Cycle
Access to Further StudiesThe graduates may continue in a Third cycle
Graduation Requirements120 ECTS Credits, Final state examination, Diploma thesis
Mode of StudyFull-time
Branch Director or EquivalentPersonal IDName
GOT40prof. Ing. Jaromír Gottvald, CSc.
Course Structure Diagram with ECTS Credits1. year / Winter semester1. year / Summer semester
30 ECTS Credits30 ECTS Credits
2. year / Winter semester2. year / Summer semester
30 ECTS Credits30 ECTS Credits
Specific Admission Requirements
Specific admission requirements are determined by the Dean of the faculty. For more information please click here.
Specific Arrangements for the Recognition of Prior Learning
Informal learning - max. 60% of credits gained in prior lifelong learning can be recognized, as determined by the Dean of the Faculty.
Qualification Requirements and Regulations
Qualification Requirements:
Finished higher education in Bachelor's degree programme.
Regulations:
The Czech educational system is regulated by the Higher Education Act (Act 111/1998). Studies at VSB-TUO are regulated by the Statute of VSB – Technical University of Ostrava.
Profile of the Branch
• To train highly qualified specialists, who are familiar with theoretical approaches of contemporary economics and contribute to identify solutions for problems arising from market conditions and as consequence of specific economic policies. • To foster individual capacities to gain access to management positions in local, national and international government institutions, as well as in firms and advisory agencies operating at national and global level, including the ability to prepare and implement business plans. • To provide a broad knowledge base needed to perform specialised tasks in national and international organisations, EU institutions and the OECD. • To tailor specialised courses to practical applications in economics, thus strengthening graduates’ skills in the challenging competitive environment of the Czech and global economy. • To equip graduates with highly qualified knowledge of the economic environment and analytical tools, geared to assess the various aspects of the functioning of economic systems in the national and global economy.
Key Learning Outcomes
Key Lerning Outcomes are Expressed in following Structure: Knowledge, Skills, General competencies
Knowledge:
The graduates of Applied Economics master programme with specialization in Economic Development acquire intensive knowledge and understanding in the following areas: • general and applied economics, • economic growth and development, • regional development, • economic policies, applied economic policies, • labour market economy and employment policies, • banking and finance, • company management and development, • econometrics, quantitative and qualitative research methods.
Skills:
• Knowledge of Statistical SW • Knowledge of Monetary Policy, Financial Markets and Business Finance • Knowledge and Analysis of Market • Knowledge of Economic Policy, Public Administration and Local Government • Analytical Skills • Knowledge of EU Processes • Analysis and Process Modelling • Preparation and Implementation of International Projects • Coordination and Leadership of Technical and Analytical Teams
General competencies:
Graduates gain various skills and competences, such as: • critical assessment of the mechanisms of economy at international, national and individual business level, • application of theoretical knowledge in analysing case studies, including formulation of economic and econometric models, • preparation and implementation of independent and responsible economic research, • performing sophisticated analyses of economic issues and setting logical conclusions in various areas of expertise, for instance providing a broad knowledge base needed to perform specialised tasks in national and international organisations, EU institutions and the OECD, • setting the parameters of economic policies, planning and managing development in various areas, • managerial, language and soft skills to coordinate the work of large teams and communicate to specialists and a wider public their own views in comprehensive and convincing ways.
Occupational Profiles of Graduates with Examples
The graduates of Applied Economics master programme are highly-qualified specialists employed mainly in governmental organizations and public administration, in regional, European or international organizations, in the financial sector, prestigious consultancy firms or managerial positions of major companies. After graduating from the master's programme, those interested in advancing their knowledge and analytical skills further continue their studies in the highly ranked doctoral study programmes in economics in the Czech Republic and abroad.
Examination Regulations, Assessment and Grading
Examination regulations, assesment and grading are described in the Study and Examination Rules.
Curriculum:
Remark:
Course block: Compulsory - all courses are compulsory.
Course block: Choice-compulsory - student has to choose at least one course from the list of courses.
Course block: Optional - student can choose any course from the list of courses.
 
IMPORTANT: Student has to select so many courses to reach 30 ECTS credits per semester. Rules in detail and convenient selection of courses can be consulted with the programmme director.
Bellow stated courses are assigned for the degree studies only. Students coming to VSB-TUO for an exchange stay must select courses from the List of courses for exchange students.
 
1. Semester1. yearWinter semester30 ECTS Credits
2. Semester1. yearSummer semester30 ECTS Credits
3. Semester2. yearWinter semester30 ECTS Credits
4. Semester2. yearSummer semester30 ECTS Credits