Economics
3.051.00.00 Economics
Qualification awarded: Master in economics
Entry year: 2021
Mode of study: full
Program duration: 1 year 9 months
Institute: Institute of Economics and Management
Number of credits: 120 ECTS credits
Level of qualification according to the National Qualification Framework and the European Qualifications Framework: NQF Level 7 (Second cycle of QF-EHEA / EQF Level 7)
Field(s) of study: Social and Behavioural Sciences
Specific admission requirements: No
Specific arrangements for recognition of prior learning: If the previous degree has been obtained in the other countre then a nostrification is required, which is held by Lviv Polytechnic.
Qualification requirements and regulations, including graduation requirements: Full completion of the curriculum, practical training on the topic of the master's qualifying thesis and the master's thesis defence.
Characteristics of the educational program: Object of study and / or activity of modern economic processes and phenomena, scientific methods of normative, quantitative and institutional analysis, tools for the formation of international, national, regional, sectoral economic policy and business economics.
Objectives: training highly qualified economics professionals with modern economic thinking, theoretical knowledge and applied skills, able to solve complex research, innovation and management problems and problems of economic systems of different levels, characterized by uncertain conditions and requirements.
Theoretical content of the subject area: general laws and trends of economic development, motivation and behavior of market participants; theories of micro-, macro- and international economics; modern quantitative methods of analysis of economic processes; institutional and interdisciplinary analysis; patterns of modern socio-economic processes; theories of economic management for different production systems and sectors of the economy.
Methods, techniques and technologies: general scientific and specific methods of cognition and research; mathematical, statistical, qualitative methods of economic analysis; sociological, expert evaluation, questionnaires; economic and mathematical modeling, forecasting; information and communication technologies, special software; research methods and presentation of research results.
Tools and equipment: modern information and communication equipment, information systems and software products used in economic activities.
Gained competence: – to formulate, analyze and synthesize solutions to scientific and practical problems;
– to develop, substantiate and make effective decisions on the development of socio-economic systems and management of economic entities;
– to communicate freely on professional and scientific issues in state and foreign languages orally and in writing;
– to develop socio-economic projects and a system of complex actions for their implementation, taking into account their goals, expected socio-economic consequences, risks, legislative, resource and other constraints;
– adhere to the principles of academic integrity;
– evaluate the results of their own work, demonstrate leadership skills and ability to manage staff and work in a team;
– to choose effective methods of economic activity management, to substantiate the offered decisions on the basis of relevant data and scientific and applied researches;
– collect, process and analyze statistical data, scientific and analytical materials needed to solve complex economic problems;
– make effective decisions under uncertain conditions and requirements that require the application of new approaches, methods and tools of socio-economic research;
– apply modern information technologies and specialized software in socio-economic research and management of socio-economic systems;
– identify and critically assess the state and trends of socio-economic development, form and analyze models of economic systems and processes;
– substantiate management decisions on the effective development of economic entities, taking into account the goals, resources, constraints and risks;
– assess possible risks, socio-economic consequences of management decisions;
develop scenarios and strategies for the development of socio-economic systems;
– plan and perform scientific and / or applied research, make sound conclusions based on research results, present results, argue their point of view.
Line 1. Economic justification of business decisions
– identify and evaluate the competitive advantages of the business, develop and justify programs to increase the level of its competitiveness;
– assess the level of innovative development and innovative potential of business structures, develop strategies and business models of innovative business development;
– develop and justify project financing options.
Line 2. Economic management of business
– design and justify a controlling system for business;
– to develop and substantiate decisions on business transformation based on the use of methods and tools of economic management;
– develop and justify management decisions to improve the efficiency of business processes.
– bringing to specialists and non-specialists information, ideas, problems, solutions and personal experience in the field of professional activity;
– ability to effectively form a communication strategy.
Academic mobility: Based on bilateral agreements between Lviv Polytechnic National University and Ukrainian universities and higher education institutions of foreign partner countries.
Work placement(s): Practical training on the theme of master's qualifying thesis
Programme director: Head of education program – Selyuchenko Nadiya Evstahiivna, e-mail: nadiia.y.seliuchenko@lpnu.ua
Occupational profiles of graduates: Work on a specialty and qualification in the field of economics. Jobs in the public, private and public sectors of the economy. Positions according to DK 003: 2010: 1231 chief economist, director of economics, head (laboratory of technical and economic research, planning and economic bureau of the shop, planning and economic department); 1238 manager of projects and programs in the field of tangible (intangible) production; 2310 teachers of universities and higher educational institutions; 2414.2 financial and economic security analyst; 2419.1 researcher, researcher-consultant (efficiency of economic activity); 2441.1 researcher, research consultant (economics); 2441.2 Investment Analyst, Economist, Planning Economist, Economic Adviser, Economic Consultant, Economic Reviewer.
Access to further studies: Obtaining third (educational and scientific / educational and creative) level
Other program features: The program is implemented in Ukrainian and partially in English