Business Economics

6.051.00.03 Business Economics
Qualification awarded: Bachelor of Economics with a specialization in Business Economics
Entry year: 2021
Mode of study: full
Program duration: 4 years
Institute: Institute of Economics and Management
Number of credits: 240 ECTS credits
Level of qualification according to the National Qualification Framework and the European Qualifications Framework: NQF Level 6 (First cycle of QF-EHEA / EQF Level 6)
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: The full implementation of the curriculum, the qualification exam, the pre-graduation practice according to sudject of bachelor qualification work and defense of bachelor qualification work.
Characteristics of the educational program: Object of study and / or activity: patterns of functioning and development of socio-economic systems, socio-economic processes, their modeling, forecasting and regulation, motivation and behavior of economic entities. Learning objectives: to train specialists who have modern economic thinking, theoretical knowledge and practical skills needed to solve problems in the subject area. Theoretical content of the subject area: concepts, categories, concepts, principles of economic sciences. Methods, techniques and technologies: general scientific methods of cognition and research, mathematical and statistical methods of economic analysis, economic and mathematical modeling, information and communication technologies of research, dissemination and presentation of research results. Tools and equipment: modern information and communication equipment, information systems and software products used in professional activities.
Gained competence: 1. Know and use economic terminology, explain the basic concepts of micro- and macroeconomics, 2. Apply analytical and methodological tools to substantiate proposals and management decisions by various economic agents (individuals, households, enterprises and public authorities). 3. Apply appropriate economic and mathematical methods and models to solve economic problems. 4. Understand the main features of the modern world and national economy, institutional structure, areas of social, economic and foreign economic policy of the state. 5. Carry out an analysis of the functioning and development of economic entities, determine the functional areas, calculate the relevant indicators that characterize the effectiveness of their activities. 6. Be able to analyze the processes of state and market regulation of socio-economic and labor relations. 7. Identify sources and understand the methodology for determining and methods of obtaining socio-economic data, collect and analyze the necessary information, calculate economic and social indicators. 8. Perform interdisciplinary analysis of socio-economic phenomena and problems in one or more professional areas, taking into account the risks and possible socio-economic consequences. 9. Use regulations and legal acts governing professional activities. 10. Be able to think abstractly, apply analysis and synthesis to identify key characteristics of economic systems of different levels, as well as the behavior of their subjects.
1. Demonstrate the ability to assess the business environment, business potential and opportunities for its development, justify business strategy, form a business plan and business model. 2. Demonstrate the ability to correctly choose and apply analytical and methodological tools for financial and economic justification of management decisions in the field of operational activities of business structures. 3. Demonstrate the ability to correctly choose and apply analytical and methodological tools for the development and justification of innovation and investment decisions in business 4. Demonstrate the skills of forming an information base for management decisions to improve the efficiency of business processes and business development.
1. Reporting to specialists and non-specialists information, ideas, problems, solutions and personal experience in the field of professional activity. 2. The ability to effectively form a communication strategy.
Academic mobility: Based on bilateral agreements between Lviv Polytechnic National University and higher educational institutions of Ukraine and educational institutions of partner countries.
Work placement(s): Practice according to subject of bachelor qualification work.
Programme director: Stetsiv Iryna Semenivna, e-mail: irina.s.stetsiv@lpnu.ua
Occupational profiles of graduates: Jobs in the private, public and public sectors of the economy in various areas of economic activity, in particular in: financial and economic, information and analytical, accounting and control, planning and project, social, human resource management.
Access to further studies: Obtaining the second (master's) level
Other program features: The program is implemented in Ukrainian and partially in English.