The specialized graduate professional study Business management is based on the acquisition of competencies applicable in managerial practice, such as the development of critical thinking, leadership and teamwork, generating new business ideas, applying digital tools and communication skills in everyday business.

By choosing the specialization in Management of small and medium-sized enterprises, Financial management, or Management in sports, students in the second year of their studies focus on acquiring specific competencies for a certain area of business.

The course Management of small and medium-sized enterprises is aimed at acquiring competencies for managing small and agile business systems and preparing them for further growth and development in a global business environment.

• Completed undergraduate study, i.e. 180 ECTS points obtained
• Transfer from another faculty – printout of grades and completed courses

Documentation required for enrollment:

1. Copy of both sides of the ID card with a clearly visible photo of the student,
2. Certificate or diploma of completed undergraduate studies (original or notarized copy)
3. Birth certificate (original or notarized copy)
4. Certificate of nationality (original or notarized copy)
5. Two photos of 4X6 cm size

Students have the opportunity to choose a course of study. In the 3rd semester, students choose one of the three offered courses:

• Financial management
• Management of small and medium enterprises
• Sports management

Classes at the graduate study are held on Friday afternoons and Saturday mornings, and the courses are taken and completed in rounds.

See the list of courses here

General competences

Upon completion of the specialized graduate study in Management of small and medium enterprises, the student will acquire the following general competencies:

• Make appropriate financial decisions based on modern techniques and methods of financial analysis and evaluation
• Propose solutions to problems that arise within the work organization
• Manage heterogeneous teams, ensuring efficiency with a high work ethic, and hold management positions in the organization
• Create a strategic marketing plan for small and medium enterprises
• Create, supervise, and implement projects in the organization and manage the entire project cycle
• Integrate elements of the digital economy into the operations of small and medium-sized enterprises
• Critically evaluate the validity of different types of contracts that appear in the business of small and medium-sized enterprises
• Use quantitative methods in the field of business decision-making of small and medium-sized enterprises

In addition to general competences, the students will acquire specific competences with regard to the chosen direction during their studies. Accordingly, the following professional competencies are defined by area:

Management competencies of small and medium enterprises

• Manage costs based on the results of financial statement analysis
• By strategically analyzing the business situation, make a decision on the direction of development of a business organization or institution and create a strategic plan for the development of the organization
• Analyze the (external and internal) environment of the business organization in relation to the sector and industry as well as the international and national context
• Manage the organization of events with the application of innovative concepts that combine different business sectors
• Formulate a strategy for solving crisis situations in a business context
• Manage and coordinate all business processes within the organization in order to achieve the synergy of the business environment and fulfill the purpose of the organization
• Apply planning and control processes and IT decision-making tools when creating business plans and strategic frameworks for managing a business organization
• Propose and manage changes in the organization, with the aim of improving it
• Establish and manage mechanisms for sharing knowledge in the organization and improving the collective knowledge of all employees

• Make appropriate financial decisions based on modern techniques and methods of financial analysis and evaluation
• Propose solutions to problems that arise within the work organization
• Create a strategic marketing plan for a business entity
• Create, supervise, and implement projects in the organization and manage the entire project cycle
• Integrate the elements of the digital economy in the operations of business entities
• Implement innovative concepts to create added value
• Critically evaluate the validity of different types of contracts that appear in the operations of business entities
• Use quantitative methods in the field of business decision-making by business entities
• Manage heterogeneous teams respecting business ethics
• Manage business processes in the organization
• Communicate, present, and negotiate in a business organization
• Create specialized professional papers while respecting academic and ethical principles
• Apply acquired theoretical and practical knowledge in a business environment
• Conduct complex business operations with adequate application of accounting tools and techniques
• Manage events in the organization and for the needs of small and medium-sized enterprises
• Manage business finances
• Manage heterogeneous teams, ensuring the efficiency of business ethics and hold management positions in the organization
• Develop strategies for solving crisis situations in a business context
• Apply information systems for decision support
• Apply adequate techniques in solving specific business problems

Filling out the enrollment form and signing the education contract

After submitting the documentation, fill out the Enrollment Form that you receive (and fill out) in the Study Record office, and by signing the Education Agreement, you become a student of PAR University College.

Within a week after enrollment, it is necessary to pay the enrollment fee in the amount of HRK 2,000.00 / €265.45 (paid during the first enrollment) and the first installment of the tuition fee (if the tuition fee is paid in installments) or the entire amount of the tuition fee (if the tuition fee is one-time payment). The enrollment fee for the first academic year is HRK 2,000.00 / €265.45, and the enrollment fee for multiple years of study is HRK 1,000.00 / €132.72.

Fixed conversion rate: €1 = HRK 7.53450.

Tuition and enrollment fees are paid to one of the following transaction accounts of the PAR University College:

1. One-time payment in cash

– HRK 30,000.00 / €3,981.68 / (no later than eight (8) days from the date of registration)

2. Installment payment in 2 or 4 installments

2a) payment of school fees in 2 installments = HRK 31,250.00 / €4,147.59

• the first installment is paid during enrollment, and the second by the end of the winter semester at the latest

2b) payment of school fees in 4 installments = HRK 31,250.00 / €4,147.59

• the first installment is paid during enrollment, the second by the end of the winter semester at the latest, the third by March 30, and the fourth by June 30

3. Installment payment in 6 or 10 installments

3a) payment of school fees in 6 installments = HRK 33,000.00 / €4,379.85

• the first installment is paid during enrollment, the second by October 30 at the latest, the third by December 30, the fourth by February 28, the fifth by April 30, and the last, sixth, by June 30 at the latest.

3b) payment of school fees in 10 installments = HRK 33,000.00 / €4,379.85

• the first installment is paid during enrollment, and the remaining installments are paid on the first day of the month during the next nine months, counting from the day of enrollment

4. Payment through a student loan

-HRK 33,000.00 / €4,379.85

Fixed conversion rate: €1 = HRK 7.53450.

The listed prices refer to one academic year.

General objectives of the specialist graduate professional study program Business management, major in Small and medium-sized enterprise management (at HKO 7 level):

1. Provide systematic, high-quality education at the graduate level in the field of small and medium-sized enterprise management;
2. Enable the acquisition of specific specialist skills and knowledge necessary for conducting complex business operations and managing organizational changes in small and medium-sized enterprises;
3. Encourage specialization, mobility, and research zeal in order to acquire practical skills and knowledge necessary for managing small and medium-sized enterprises in a modern business environment.