Skip to main content
Skip header

Information on degree programmes

CodeDegree Programme TitleStandard Length of Study
N0724A290011Mineral 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
VAN74doc. Ing. Michal Vaněk, Ph.D.
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
The aim of the study is to prepare experts for the positions of specialists and managers of middle and top management levels not only in companies that deal with the search and exploration of deposits, mining, processing and trading of mineral raw materials, but also in public administration. In order to achieve the study objective, the Economics of Raw Materials is a combined study program. The study program is divided into two areas, namely area 29 - Extraction and processing of mineral resources (80%) and 33 - Earth sciences (20%).
Key Learning Outcomes
Key Lerning Outcomes are Expressed in following Structure: Knowledge, Skills, General competencies
Graduates of the study program have the following knowledge: • The principles and techniques of searching and exploring mineral deposits. • Classification and characteristics of ore and non-ore deposits. • Principles of evaluating mineral deposits. • Principles of calculating reserves of mineral resources. • Application of raw materials in individual industries. • Technology and organization of mining and treatment of mineral raw materials. • Classification and characteristics of the processes of acquisition, extraction and use of mineral raw materials. • Principles of valuation of deposits of mineral resources. • Ways of leveling mining activity and reclamation. • Principles of trading with mineral commodities. • Principles of mineral commodity forecasting. • Principles of modern industrial technologies. • Principles of managing a mining company in the long term. • Principles of project management in the conditions of mining enterprises. • Principles of risk management and crisis management. • Environmental management systems. • Principles of circular economy.
• Understanding of basic geological and surveying documentation. • Risk assessment of the mining company and individual projects. • Formulation of the project proposal and its elaboration into a project plan. • Assess the project proposal from a technical and economic point of view. • Apply forecasting methods on commodity markets. • Apply international methods to determine the size of reserves at a given deposit. • Determine the price of the commodity. • Comprehensive analysis of the internal and external environment of the mining company. • Apply environmental management systems in the conditions of a mining enterprise. • Use advanced applications in MS Excel to solve technical and economic tasks. • Apply modern techniques and approaches in managerial practice • Conducting a discussion and defending one's opinions and positions. • Creation of presentations on a professional topic • Apply augmented reality in the presentation
General competencies:
The graduate is able to identify a problem and choose the procedure for solving it. He can present and defend his opinions and chosen solution procedures. The graduate is capable of management work. He can study foreign language professional texts, especially in English, he can communicate in English. The graduate is ready for further education in the field.
Occupational Profiles of Graduates with Examples
Graduates can find their professional application mainly in the management functions of enterprises belonging to the mineral-raw materials complex. Graduates can also find employment in state and economic administration bodies from local to central bodies, research organizations and the educational system. Specifically, the following types of positions are involved: industrial engineer, head of mining and processing operations, surface mining production preparation technician, surface mining investment implementation technician, director of a small organization, project manager, process consultant, business process designer, team leader, manager, asset manager, product specialist.
Examination Regulations, Assessment and Grading
Examination regulations, assesment and grading are described in the Study and Examination Rules.
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