Specialization Courses

In the beginning of the fifth semester students should choose two from four specialisation options: Economics, Finance, Marketing and Human Resource Management (HRM). Each Specialisation course aims to make every student a specialist within the area. Specialization courses introduce students to the detailed functional environment and management of the specific area. Additionally, students acquire special knowledge and skills to identify a subject area for writing a bachelor thesis.


Economics focuses on an in-depth analysis of the role of the banking system in the economy from micro and macroeconomic perspectives.

Finance starts with a simulation of business processes with an emphasis on queuing systems, inventory systems, logistic systems, financial decisions, production planning, construction projects, etc. It is followed by empirical finance, specializing on financial modelling.

Marketing makes every student a specialist in consumer behaviour by studying the processes involved when individuals or groups select, purchase, use, or dispose of products, services, ideas, or experiences to satisfy their needs and desires.

Human Resource Management specialises on the techniques and processes that constitute good HR management, including a thorough job analysis and job descriptions, a performance appraisal process and current trends in HR management.