Skip to main content
Skip header

Information on degree programmes

CodeDegree Programme TitleStandard Length of Study
N0311A050013Applied Economics2.0 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
Programme 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.
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 Programme
• To train qualified professionals in use of modern theories in economics and solving problems related to economic processes and policies, specific market conditions at micro and macro level, and economic integration and globalisation. • To prepare specialists for management positions in local, regional and national institutions, as well as in companies and consulting agencies that operate at national and European level, in charge of formulating and implementing business plans and development projects and using up-to-date tools of economic analysis. • To provide a broad knowledge base on a variety of interrelated subjects needed to perform specialised tasks in economist positions in support of national and international organisations, including the EU and OECD. • To help better conceptualise the study of applied economic issues, within the current demanding and competitive environment in the Czech Republic and the global economy
Key Learning Outcomes
Key Lerning Outcomes are Expressed in following Structure: Knowledge, Skills, General competencies
Graduates of this Master’s study programme will gain in-depth knowledge and understanding of relevant topics, which reflect the current state of research in the following areas: • economics, economic growth, regional development, econometrics, analysis and forecasting; • economic policy, labour markets and employment policy, banking and finance; • company management and development; • international monetary integration and international finance, international trade and competitiveness, international business; • international project management; • external relations of the Czech Republic; • the European Union and the global economy.
Graduates of the Applied Economics study programme will improve their abilities to define and develop theoretical or applied problems creatively, using advanced research methods in the form of: • critical assessments of the functioning of the economy at international, national and micro (firm/consumer) level; • application of theoretical frameworks to help solving specific economic case studies, including model formulation; • undertaking sophisticated analysis of economic problems and drawing logical conclusions in various areas of economics; • performing managerial and highly specialised activities; • design of development strategies and follow up of implementation of these strategies; • analysis and elaboration of specialised manuals on topics of economics and policy issues, in which the author is able to fundamentally defend his/her views, based on his/her own analysis of empirical data; • applying principles related to the functioning and forms of international trade; • carrying out financial and economic cost-benefit analyses of investment projects (CBA); • preparing and implementing development projects in an international environment, including laying out and managing portfolio projects.
General competencies:
Graduates of the Applied Economics study programme will be able to: • prepare and implement independent and responsible research, including analytical and development projects co-financed by public institutions at national and international level; • use their expertise, skills and competences at least in one foreign language; • understand and communicate their own views to different types of audiences, in terms of both specialists and broader public – relying on the practical experience, which they have gained throughout the study programme and the subsequent specialisation chosen.
Occupational Profiles of Graduates with Examples
The Applied Economics programme offers high-quality education in economics, with a focus on practical applications in economics and business. By participating in the programme, the graduates gain wide suitability to job requirements in the public and private sector, at both national and international level. Selected job positions of graduates of the programme typically include: • advisor and manager in national and international institutions and organisations; • economic advisor and head of public administration and local government institutions; • bank and budget analyst in public administration, banks and large enterprises; • labour market specialist / employment service analyst; • director of businesses and institutions; • manager in companies, consulting agencies, non-profit organisations, etc.; • project specialist in preparation and implementation of national projects; • researcher / assistant lecturer; • economist in the private sector; • specialist in company competitiveness, government bodies, and international integration groups; • specialist and analyst in the field of foreign trade, in charge of analyses in support of the development of municipalities; • specialist in programmes of subsidies and fiscal support for local companies and municipalities; • project specialist in the field of preparation and implementation of international projects; • specialist in institutions of the EU and international organisations.
Examination Regulations, Assessment and Grading
Examination regulations, assesment and grading are described in the Study and Examination Rules.
Degree Branches
CodeDegree Branch TitleLanguage of Instruction
S01Economic DevelopmentEnglish
S02International Economic RelationsEnglish