Faculty Economics and Management
Speciality Code (according the Classificatory of the Republic of Belarus) 1-25 80 01
Speciality Economics
Speciality Major
Degree Master
Specialization (if any)  
Period of Study 1 year (day-time)

1,5 years (correspondence course)

Language of study Russian
Benefits of study —          Personal advancement

—          Qualified capacity development

—          Development of expert, analytical, and research skills

—          Internship abroad

—          Intense language training

—          Research direction of disciplines

—          Latest economic knowledge and experience

—          Advanced education technologies

—          Convenient time-table

—          Access to e-resources

—          Moderate tuition fee

Applicants’ requirements Completed higher education (specialist diploma or Bachelor’s degree).

Knowledge of the Russian language (applicant is interviewed for knowledge of the Russian language).

Basic Subjects
Subjects EСTS Hours
Microeconomic Analysis and Policy 3,0 102
Forecasting of National Economics 3,0 108
Innovative Development of an Organisation (Enterprise) 3,0 102
Efficiency and Competitiveness of an Organisation 3,0 96
Pricing Strategies and Methods 6,0 198
Strategic Management of an Organization 6,0 200
Business Statistics 3,0 96
Business Planning 3,0 120
Salary Administration 3,0 96
Innovation Project Management 3,0 96
Risk and Crisis Management 3,0 120
Economic Security of an Organisation 3,0 96
Economic Evaluation of Managerial Decisions 3,0 96
Professional and universal competencies that a graduate will possess In the process of training, the following professional competencies will be formed:

·         To use fundamental economic knowledge in professional activity;

·         To be able to analyze behavior of business entities under conditions of various types of market structures, to research and develop a market strategy of an organization;

·         To be able to analyze  special aspects of macroeconomic policy under various initial conditions of economy  functioning;

·         To be able to develop and implement innovative and venture projects, form and develop competitive advantages of an organisation on the basis of innovative solutions, and develop new market segments of innovative products and services;

·         To be able to evaluate conditions of use and choose the best pricing strategies;

·         To be able to integrate various aspects of business in decision-making process and development of organisational strategies;

·         To be able to assess and forecast risks in activity of business systems, possess methods of crisis management and application of anti-crisis measures and tools;

·         To be able to apply modern approaches to economic justification of making managerial decisions;

·         To be able to plan the process of innovation activity and manage innovation projects;

·         To be able to use in practice basic methods and tools of statistical analysis;

·         To be able to analyze special aspects of labor relations in economic system and choose effective methods of motivation and remuneration;

·         To be able to assess state of economic security at various levels of national economy, identify factors of its dynamics and anticipate crisis phenomena in the field of economic security.

Scope of activities —          Research activity

—          Academic activity

—          Organizational and managerial activity

—          Project and economic activity

—          Innovation activity

—          Analytical activity

—          Expert and consultant activity