Programme of studies in Economics

General academic profile of the specialization

  1. Entrepreneurship and individual business development
  2. Economics of small and medium enterprise

 

 

Contents

  1. About the University College of Social Sciences
    1.1. Introduction to ECTS
  2. Economics - General information
  3. General requirements
  4. Economics - General graduate profile
    4.1. Entrepreneurship and individual business development
    4.2. Economics of small and medium enterprise
  5. The framework of the educational programme
    5.1. Group of the basic module subjects
    5.2. The subject area module courses
    5.3. Specialization area module - Elective courses group
           Economics of small and medium enterprise
    5.4. Course available for all students, including elective courses and PE
  6. Internship

 

1. About the University College of Social Sciences

The University College of Social Sciences (Wyższa Szkoła Lingwistyczna) was founded in 1992. We are a non-state university college, registered in the register of the Minister of Higher Education under number 104. Our mission is to bring quality European education closer to people outside Europe. University College of Social Sciences Czestochowa Poland is an international educational organization; with operating branches in United Arab Emirates, Ukraine, Moldova and Georgia. We are now in the process of opening our branches in Italy, Qatar, and Uzbekistan. Our academic community consists of over 6000 students, 150 academic teachers who are mainly Poles as well as from Great Britain, Canada, Germany, Ukraine, Moldowa, Spain, Italy, The UAE.

We have an indefinite time licence from the Ministry of Research and Higher Education of Poland. All our courses were validated by the Polish National Accreditation Committee (resolutions of National Accreditation Committee from 2 July 2009, 17 September 2009, 7 October 2010, and 25 September 2013 (see: https://polon.nauka.gov.pl/opi/aa/run/pokaz?execution=e3s5).

We are leaders in online education in Poland. The University College of Social Sciences in Czestochowa has been the leader of non-state colleges in Poland for years now. We were given a title of the best non-public school in the Silesia region (ranking Wprost 2012). And in the ranking of Perspektywy we were 21st in the whole country. We improved our position by 63 positions since 2005. 80% of our students come to UCSS because they got recommendations from our graduates who claim that we have excellent teaching and administrative staff as well as the atmosphere atmosphere.

The UCSS has a lot of experience in running international educational projects. Our efforts and achievements have been noticed. We run government projects in Ukraine under the supervision of The Ministry of Youth and Sport and The Association of Mayors of Ukrainian Cities. We are also educational partners of the Sheik of Sharja.

We offer Bachelor and Master’s programmes (BA, BBA, MA and MBA) in: intra, extramural and online system of study. Fields of studies: Educational Studies, Modern Languages, Pedagogy. We offer Undergraduate Degrees, Post Graduate Degrees and Diplomas. Our degree programmes are delivered in: English, German, Russian, and Polish.

Our graduates are well educated, trained, creative and high quality citizens who excel at their work. We teach them all practical skills they need to succeed not only in the class room but also in their day to day lives. Our lectures pass on their knowledge and their passion to our students helping them to become great contributors to the society.

Thanks to numerous research projects, many of them EU funded, we can offer attractive courses and teaching programs which ensure the development of every student’s talents.

Recently we got almost two million EURO from European Social Fund to develop our teaching training programme called “UCSS as a Leader in Teaching Training”. Thanks to this project we are able to develop Europe’s leading teacher training programme that is delivered in English and German.

We give certainty to find and highlight the advantages and potential that each student possesses. Our students are proficient in a given language and capable of building their own future career, not only in Poland, but also abroad – all over European Union and in other parts of the world. Moreover, we give our students the opportunity to practice and develop their skills in high-tech laboratories. Our graduates are high-profile specialist in their respective fields. We are proud to say that last year we have been acknowledged as one of the best non-state colleges in Poland. We encourage our students to be creative and we broaden their horizons. Moreover, we give them the opportunity to learn determination, optimism, how to work under pressure and the ability to conduct business negotiations. We pay a graet deal of importance to transeferrable skills, indespesable in contemporary competitive labour market. We teach our students how to use these skills to face new challenges in a professional as well as in everyday life. Thanks to the international network we also help to build the multicultural skills, helping our students to cope well with the challenges of the international market.


1.1. Introduction to ECTS

Introduction

The European Credit Transfer System (ECTS) was developed by the European Commission with a view to promote the development of cooperation between universities from the Member States of the European Union, EFTA countries and the associated states. Within this cooperation major importance has been attached to student mobility, which has flourished rapidly creating a need for an approved system of common procedures to guarantee academic recognition of study periods abroad.

ECTS provides a simple and transparent way of measuring and comparing study programmes and learning achievements, and transferring them from one institution to another. This is achieved through the use of a common ECTS credit unit and a common ECTS grading scale. ECTS credit points can also be used within one school or between schools in one country.

ECTS credits

ECTS credits are a numerical value allocated to course units to describe the student workload needed to complete them. Each value reflects the quantity of work a course unit requires in relation to the total quantity of work necessary to complete a full year of academic study at a given institution. All forms of study are taken into consideration: lectures, tutorials, practical work, seminars, home assignments as well as examinations and other assessment activities.

In ECTS, 60 credits represent the workload of a year of study; normally 30 credits are given for a semester. It is assumed that all ECTS courses are mainstream courses of the participating institution, as followed by home students under normal regulations. It is up to the participating institution to assign credits for the different courses relative to their workload. Internships (practical placements) and optional courses which form an integral part of the course of study also receive academic credit. Non-credit courses may, however, be mentioned in the transcript of records.

ECTS documents

ECTS makes use of three key documents:

  1. The information package provides general information on the host institution, its academic calendar, admission procedures as well as detailed descriptions of the degree programmes and courses available within one or more (usually related) areas of study. In particular, it describes the form, content, level, prerequisites, duration, mode of assessment, credit value and other characteristics of each course offered by a single department of the host university participating in the ECTS scheme. The package serves as a guide to students and academic staff from partner universities. It should be updated every academic year and made available in an electronic form as well as in one of the EU official languages.
  2. The learning agreement describes the programme of study abroad drawn by the individual student and institutions involved (sending and receiving institution) before the student goes abroad. The student obliges in this document to complete a specified selection of courses from those offered by the host school. The receiving institution, once it has endorsed the agreement, is obliged to secure the student a placement in the selected courses, while the sending school confirms its willingness to transfer the credits earned by the student according to the ECTS rules and grading scale.
  3. The transcript of records shows the learning achievements of the student prior to and after the period of study abroad. The transcript records every course taken by the student, and includes the number of ECTS credits completed, as well as the grade awarded according to the local grading scale and, when available, the ECTS grading scale.

These documents are used by the institutional and departmental coordinators, appointed by each institution to deal with the administrative and academic aspects of ECTS. They endorse with their signatures the learning agreement, the transcript of records and the student application form which is described below. It is their role to advise and counsel students who wish to participate in ECTS. Counselling forms an important part of the scheme.

How does ECTS work?

This is, in short, how the ECTS scheme works in case of a single student. The candidate, having read the information package of the host school he/she would like to study at, prepares (with advice from his/her departmental coordinator) a program for the period of study abroad. The first document to be filled in is the student application form, which in addition to candidate's personal data and photograph should state the number of ECTS credits he/she plans to obtain at the receiving school. Attached to the application form are the learning agreement and the transcript of records showing the student's learning achievements to date. The student may also wish to include a second or even third choice of host institution in the application form, should the first choice of destination not be accepted. In this case, the student, with the approval of the coordinator, will have to prepare a learning agreement for each intended destination.

The learning agreement is signed by the student, the home institution and the host institution. The signing of this document facilitates full academic recognition of studies at the receiving school. A copy of the signed learning agreement should be given to all parties involved, the home institution, the host institution and the student. Students may have to modify the agreed programme of study upon arrival at the host institution due, for example, to timetable clashes or for other reasons. The learning agreement therefore provides for changes to the originally agreed study programme subject to approval by all parties involved. All such changes must be countersigned by the student and the coordinators of both the home and host institutions.

Credit transfer in ECTS operates by means of exchange of transcripts of records between home and host institution and vice versa. Every course taken by the student is recorded on the transcript with not only the ECTS credits but also with the grade awarded according to the local grading scale and, possibly, according to the ECTS grading scale. The combination of grades and ECTS credits represents the performance of the student in qualitative and quantitative terms respectively. A signed copy of the transcripts of records should be given to all parties involved, the home institution, the host institution and the student.

ECTS students

All students of participating departments who wish to take part in the ECTS scheme may do so provided their own institution agrees and there are enough places available.

Most students participating in ECTS will go to one host institution abroad, study there for a limited period and then return to their home institution. When a student returns and has successfully completed the study programme previously agreed to by the home and host schools, credit transfer takes place. The student then resumes the study programme at the home institution without any loss of time or credit. If, on the other hand, the student decides to stay at the host institution and to take his/her degree there, he/she may have to adapt his/her study course to comply with the rules of the host country, institution and department.

Financial support for ECTS students is provided via mobility grants awarded within the ERASMUS program to students who meet the following general eligibility requirements:

  • Students must be citizens of an EU Member State, an EFTA country or an associated state.
  • Students are exempted from tuition fees at the host institution. They may, however, be required to pay their normal tuition fees to the home institution during the period of study abroad.
  • The national grant or loan to which a student may be entitled for study at his/her home institution may not be discontinued, interrupted or reduced while that student is studying in another Member State and is receiving an ERASMUS grant.
  • One study period abroad should not last less than 3 months or more than one year.
  • Students in their first year of study are not eligible for ERASMUS grants.

2. Economics - General information

The Economics degree study program was developed on the basis of art. 6 section 1, paragraph 4 of the statue from July 27, 2005 – Higher Education Act (acts. Laws 2005, no. 164, 1365, with amendments), regulated by the Minister of Science and Higher Education on July 12, 2007 in the education law standards for various areas and levels of training, and also terms for the creation of conditions that must be governed by the University to conduct multidegree studies and macrostudies (acts. of 2007, no. 164 1166) by the decree of the Minister of Science and Higher Education from October 5, 2011 on the conditions of training in specific directions and a level of education, as well as orders of the Minister of Science and Higher Education on the National Qualifications Framework for the Higher Education of November 2, 2011. While creating, the program was based on the Resolution of the Minister of Science and Higher Education of September 25, 2007 about the conditions that must be fulfilled in order for didactic classes in the University to be conducted using methods and technologies of distance education (acts. of 2007, no. 188, 1347, no. 208, 1506, of 2008 no.90, 551).

3. General requirements

Bachelor Studies - 3 years (six semesters).

General number of hours during the period of studies consists of:

  • intramural studies - 2010 hours,
  • extramural studies – 1351 hours that transfers to 180 ECTS (European Credit Transfer and Accumulation System). The Programme ends with the acquisition of the Professional Bachelor’s Degree.

 

4. Economics - General graduate profile

A graduate of the first cycle degree in Economics obtains a comprehensive knowledge of the economics and is trained to perform the profession of economist – specialist in the field of financial, human, and material resources management. Graduate is well prepared to work in enterprises, institutions, organizations, and companies in the country and abroad. A graduate possesses the necessary knowledge and skills to lead an independent economic activity.

In addition, a graduate of the first degree of Economics at the University College of Social Sciences will learn:

  • principles in the field of social sciences,
  • basic knowledge about the human,
  • basic methods of collecting and processing data related to social sciences,
  • general rules about the creation and development of different forms of entrepreneurship.

Taking into account the latest scientific achievements in the field, this knowledge includes contents with principles of international experience of University College of Social Sciences’ partners (Open University, University of Calabria) and presents a good universal theoretical and methodological basics for studying in the second degree. It also prepares a graduate to start-up and run own business. Thus, the main emphasis of the training program is on the subject areas and specializations with direct participation of the teacher.

A graduate of the programme is able to:

  • interpret correctly social phenomena in the fields of science and scientific disciplines relevant to Economics,
  • use the basic methods of collecting and processing data, applicable to Economics,
  • analyze the causes and courses of specific processes and phenomena,
  • use the obtained knowledge in professional activity,
  • analyze the major social phenomenon,
  • use the language of specialization in accordance with the requirements established for the B2 level in the European System of Language Training.

A graduate of the first degree in the University College of Social Sciences:

  • understands the need for training and improvement of skills throughout the lifetime,
  • can communicate and work in a group, taking different roles in it,
  • can correctly identify the priorities to execute own or given tasks,
  • can correctly identify and solve problems connected with the performance of the job duties.

 

4.1. Entrepreneurship and individual business development

  • can describe the specifics of planning and characterizing the business activity associated with the launch of the enterprise; knows the scheme design for the development of enterprises, process of its development, creation and design, in a way that is clear for the entrepreneur and for the institutions supporting the organization in its development, in accordance with the principles of business ethics, corporate social responsibility in relation to specific economic situations, such as finance, accounting or marketing, and determine strategies to solve moral problems;
  • characterizes and is able to apply and monitor the process of implementation of innovations at the enterprise, describes and applies the basic principles and methods of the process innovation control, discusses some methods helping to initiate and define the innovative projects;
  • characterizes the specifics of B2B and B2C markets, describes the decision-making mechanisms of consumers and buyers of manufactured goods, identifies factors affecting the behavior of buyers in the B2B and B2C markets;
  • demonstrates different types of local development strategies of the enterprise in the era of globalization; shows principles and criteria of estimation and choice of strategic alternatives, knowledge of methods and techniques used in the field of strategic management;
  • describes the specifics of the market functioning of the private equity funds and venture capital, as institution financing young innovative companies; may indicate the possibility of using this form of financial company development for the dynamically developing company, offering innovative solutions to offer services or products; knows the mechanisms of action of the funds and also allows to evaluate own proposal for a trader;
  • understands and describes the area of legal relations arising between the authorities and entrepreneurs, regulated in administration mode, defines tasks and the competence of the public administration bodies, as well as the decision-making mechanisms, understands the rights and obligations of entrepreneurs, the conditions of their implementation, as well as a form of legal protection for subjects of activity of public authorities and other entrepreneurs; knows the rules of creation and development of legal forms of entrepreneurship;
  • classifies the main burdens on the company related to non-tax expenses, tax and legal obligations, and their implications for the enterprise;
  • classifies and characterizes the valuation techniques of the company or brand; indicates and describes the capabilities of company’s value management by entrepreneur; evaluates and interprets the results of the enterprise’s valuation; characterizes the application of the material functions’ method in the enterprise;
  • describes the mechanisms of functioning of individual segments of the financial market, their instruments, and objectives of financial institutions; defines and classifies financial risks in business activities; indicates the performance of risk assessments using qualitative and quantitative methods; characterizes the risk management process in the enterprise, the types of risk measures, key measures of risk, and represents the models used for risk assessment; classifies the systems and tools used for management of the risks connected to foreign exchange market, percentage rates, and enterprise’s climate;
  • characterizes theoretical and practical aspects of evaluation of investments efficiency, implement by the company; describes the methods of estimation of investment projects, defines methods for risk assessment of investment projects; classifies the methods of assessment of financial investments;
  • knows the characteristics of the concept of cost accounting to implement the strategy of the enterprise; presents the connection between the system of costs accounting and the tasks of financial accounting and management; presents rules and procedures of information on the cost of the enterprise and their use for effective management of the enterprise;
  • represents creative techniques that can be applied in the enterprise; possesses basic knowledge of the core functional areas of a modern enterprise;
  • knows the essence and meaning of the enterprise’s shares; characterizes the stages of the marketing communication; defines the conditions for effective interaction of the company with the market; describes the means, the shares, and the conditions for their application;
  • knows negotiation techniques, rules of their conduct, methods of manipulation and psychologi-cal pressure; determines the ways to cope with difficult situations during the negotiations;
  • knows the rules of safety and hygiene of labor; possesses basic knowledge of individual business units with emphasis on the departments of accounting and financial crisis; understands the problems of the financial management and economic activities and the protection of intellectual property and patent rights.

The achievements of the Economics degree graduate, specialty Entrepreneurship and Individual Business Development, will be monitored through the Bureau of the Quarry, and the results of the analysis (conformity of the anticipated results of the training with labor market needs) will be im-plemented to the training programs.

 

4.2. Economics of small and medium enterprise

The graduate of the specialization: Economics of Small and Medium Enterprise:

  • possesses knowledge about the different types and forms of financing business development and is able to apply this knowledge;
  • understands the peculiarities of the virtual enterprise functioning; classifies the threats and errors of the enterprise’s politics in e-business; knows the instruments of the internet marketing and the types of e-business payments;
  • knows and is able to apply the procedures for the innovative changes influencing the affectivity of the enterprise functioning;
  • possesses the theoretical and practical knowledge of the project management fundamentals, necessary for participation in a team-project or for management of individual projects (subprojects);
  • knows and is able to apply different strategies of the local business development under the conditions of globalization; understands the basis of the formation and evaluation of the strategic alternatives; passes on the knowledge about the different methods and techniques connected to the strategic management;
  • knows the prediction techniques and methods of  changes’ prediction at the enterprise and on financial markets; knows the basis of probability theory and statistics analysis combined with the application of optimization methods;
  • understands the rights and duties of the entrepreneurs, the conditions of their realization, and the forms of legal protection of a person against the administrative organs and other entrepreneurs; knows the basis of launching and development of the individual entrepreneurship’s legal entities;
  • knows the essentials of audits at the enterprise; knows the methods of controlling the operations;
  • identifies the operational programmes and the directions of the EU resource usage in Poland; characterizes the instruments and the essence of the financial planning based on the EU funds; describes the functioning methods of different derivatives; identifies the main types of risks connected to the derivatives’ use; knows the working methods of the different types of derivatives;
  • knows and is able to use the methods of gate pricing and the accounting liquidity of the enterprises; knows the conditions of state price regulation and the state regulation of the market;
  • knows the Health and Safety at Work principles; possesses the basic knowledge in scope of chosen business areas with a detailed consideration of the bursary and financial department functioning;  knows the problems connected to the financial management and business activity, the copyright protection, and the patent law.

The future of the Economics of Small and Medium Enterprise course graduate will be monitored by the Careers Service and the results (conducted accordance analysis of the assumed educational effects to the market needs) will be adapted to the programme of studies.

5. The framework of the educational programme

Groups of subjects/educational modules

Number

of hours

ECTS points

Basic module

300

35

Subject area module

300

23

 

Group of subjects, explaining the issues, connected with the specialization

300

22

Altogether: the subject area module and the group of subjects connected with the specialization

600

45

Specialization Area Module

 

495

53

Research project

60

10

Altogether: the elective courses of the Subject Area

 

555

63

Courses available for all students

 

165

14

Elective courses

90

4

 

Elective courses (scholar/institutional)

120

12

Sum:

the courses available for all students and the elective courses

375

30

Internship

120

5

Physical Education

60

2

Total

2010

180

 

Including the elective courses

765

79


5.1. Group of the basic module subjects

 

Title of the subject

Number of hours

ECTS points

With the direct teacher involvement

Without the direct teacher involvement

Fundamentals of Management

30

1

5

Fundamentals of Macroeconomy

45

1

5

Microeconomy

45

1

5

Accounting

30

1

2

Law

30

1

5

Mathematics

30

1

1

International Business Relations

30

1

1

Econometrics

30

1

1

Descriptive Statistics

30

1

1

Total

300

9

26


5.2. The subject area module courses

 

Subject Title

Number of hours

ECTS points

With the direct teacher involvement

Without the direct teacher involvement

History of Economic Thought

15

1

1

Social Politics

30

1

1

Economic Policy

30

1

1

Economic Analysis

30

1

1

Public Finance

30

1

1

Finance and Capital Markets

30

1

1

Regional Economy

30

1

2

Euro-integration Economics

30

1

1

International Economy

30

1

1

Enterprise Finance

30

1

1

Financial Accounting

15

1

1

Economic Geography

30

1

1

Financial Mathematics

30

1

1

Economics and Organization of the Enterprise

30

1

1

Banking Business

30

1

1

Finance

30

1

1

Real Investment and the Methods of Its Financing

30

1

1

Report of the Financial Capital Group

30

1

1

International Finance

15

1

1

Enterprise Risk Management

30

1

1

International Currency System

15

1

1

Venture Capital

30

1

-

Total

600

22

23

 
5.3. Specialization area module - Elective courses group

 



Entrepreneurship

and Individual Business Development

Number of hours

ECTS points

With the direct teacher involvement

Without the direct teacher involvement

Business Management - In accordance with the business entities’ types

45

1

3

Business Ethics

15

1

1

Creation of the enterprise business plan

15

1

2

Innovation and Knowledge Management

15

1

2

Strategic Human Resource Management

30

1

2

Enterprise Development Management in Globalization Era

30

1

2

 

Control in Business

30

1

 

Economic Law

30

1

3

Tax Burden and Non-tax Compulsory Payments of the Enterprise

30

1

3

Valuation and the Enerprise Value Management

45

1

2

Selected Issues of the Global Logistics

30

1

2

Operational Management

45

1

2

Costs Statement

30

1

2

Business Games

45

1

3

Business Training

30

1

2

Techniques of Trading Negotiations

30

1

3

Diploma Seminar

60

2

8

Internship

120

-

5

Total

 

18

50

 

 



Economics of Small and Medium

Enterprise

Number of hours

ECTS points

With the direct teacher involvement

Without the direct teacher involvement

Financing of Small and Medium Business Development

45

1

3

E-business – Internet in business

15

1

1

Change and Innovation Management of the Enterprise

15

1

2

Project Management

15

1

2

Methods of Investment Project  Valuation

30

1

2

Strategic Management

30

1

2

Prediction Methods of the Enterprise

30

1

3

Economic Law

30

1

3

Small and Medium Enterprises Taxation

30

1

3

Enterprise Valuation Methods

45

1

2

Methods of the Operational Risks Analysis at the Enterprise

30

1

2

Public-Private Partnership

45

1

2

Audit and Control

30

1

2

Structural Funds and Project Financing System

45

1

3

Derivatives Valuation

30

1

2

Distribution Pricing Strategies

30

1

3

Diploma Seminar

60

2

8

Internship

120

-

5

Total

 

18

50

 

 


5.4. Courses available for all students, including elective courses and PE

Course title

Number of hours

ECTS points

With the direct participation of teacher

Without the direct participation of teacher

Foreign Language

120

4

6

Physical Education

60

2

-

Intellectual Property Protection

15

1

1

Philosophy

60

1

1

Psychology

Information Technologies in Economics

30

1

1

Interpersonal Communication

30

1

1

Sociology

Elective Course (I – IV)

120

4

8

Total:

 

14

18


6. Internship

The students undertake a 3-week internship consisting of 120 hours. The internship, according to the Curriculum, should be completed during the 4th semester. In case of an internship placement abroad, the period of internship can differ and the period of the internship placement can differ from the one proposed by the Curriculum. A student gains 5 ECTS points for the internship. The detailed aims, basis, and forms of the internship placement are included in the separate document.