The University of Craiova
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Faculties

Faculty of Economics

Faculty of Automatics, Computers and Electronics
Faculty of Law
Faculty of Mathematics and Informatics
Faculty of Letters 
Faculty of History, Philosophy and Geography
Faculty of Physics
Faculty of Chemestry
Faculty of Physical Education
Faculty of Electronics
Faculty of Electromecanics
Faculty of Mechanics
Faculty of Horticulture
Faculty of Agriculture

                                     

Faculty of Economics

BA degree:

Management of the Company
Description:
Duration: 6 semesters

Curricula

Semester I Semester II Semester III
Macroeconomics Marketing I Marketing II
Mathematics applied in economy Law's Business Public Finances
Statistics Accounting Financial Management
Informatics Management I Management II
 
Semester IV Semester V Semester VI
International Business Tehniques for Communication and Negociation Logistic and Distribution
Operational Management Strategical Management Industrial Marketing
Informatic Systems for management Human Resources Management Comparative Management
Complex Managerial Simulation I Complex Managerial Simulation II Decisional Simulations
 

Macroeconomics

Description: Macroeconomics focuses especially on the qualitative analysis of the mechanism of national economy's functioning, of the corelations among macroeconomic variables, emphasizing the aspects of measuring the direct and indirect influences among them for the scientific substantiation of the macroeconomic policy decisions. Therefore, Macroeconomics is a complete discipline in a systemic vision which provides the possibility to know the economic behaviour in boom and recession periods, the consumption and investment, the economy's performances, the evolution of goods and services output, the profit and interest rates, the inflation and unemployment rates, the fiscal and monetary policies, the balance of payments, the state budget, the government debt, economic equilibrium and disequilibrium in general. Also, Macroeconomics approaches issues of economic modelling of the static and dynamic equilibrium and disequilibrium both on short-run and long-run, and also on integration of the national economy's component parts in a quantitative analysis using classical and neoclassical models of economic growth.

Topics: Financial Market; Labour Market; Fluctuations of the Economic Activity; Employment and Unemployment.

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Mathematics applied in economy

Description: The course offers to the students the mathematics support need it to become specialists in economic field. It also offers the possibility to simulate trough mathematics models economic and social phenomena. Topics covered: Elements of linear Algebra and mathematical analysis [elements of sets theory, equations and incubations linear systems, linear spaces, functions with real variables, limits, continuity, locale extremes of functions ]; Linear programmatic [Simplex algorithm, transportation problems, elements of graphs theory]; The theory of probability and mathematical statistics [probability, random variables, discrete probability distributions, continuos distributions, distribution functions, significance testing];

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Statistics

Description: Statistics is a branch of science that use specific tools as observing, summarizing and processing data, testing hypotheses, making predictions, in order to deal with uncertainty in nature and society. The aim of the course is to introduce the main concepts involved in both descriptive and inferential stages of the statistical approach, with emphasis on some relevant economic applications.

Topics covered: Descriptive statistics: frequency distributions; central tendency and variability measures; Inferential statistics: sampling; inference; estimation; hypothesis testing; regression analysis; forecasting.

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Informatics

Description: The objective of this course is to introduce fundamental concepts of computer science to students, and to provide them a foundation for using computers. We discuss topis such as the way computers represent information, the architecture of computing systems, operating systems and user interfaces, applications software and communication networks. Students successfully completing this course should be able to provide some insight into how computing systems work and how computer science impacts and empowers their day-to-day activities.

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Marketing I

Description: Marketing I ensures that participants gain a good overall knowledge of the marketing concept in its contemporary applications. This module presents the main problems of the general marketing.

Topics: Intorduction to marketing, Concepts and organization, Market research, Market segmentation, Products placement, Selling forecast.

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Law's Business

Description: The subject "Bussines Law" studies the very complex aria of juridical conexions between the bussinesmen, between these ones and the state and between the economical employers and the employees. Under these considerations, there are to be studied the most important points from which derives the conexions between the bussinesmen: the civil acts and the commercial deeds. There are also studied different aspects concerning commercial concurence the measure of publicity through the Commercial Registration Book, the private registration books of the bussinesmen, the fiscality, etc. About the juridical conexions that are based upon the individual employment contract between the employers and the employees, this subject gives the studints the opportunity of learning about the discipline of working and the pennalties applied in this field, of all kinds.

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Accounting

Description: A principles of accounting course should be a learning aid that shows students how formulate accounting information and how to use it in the business world. The course explain and ilustrates how business transactions are recorded, summarized, classified, reported and interpreted.

Topics covered: Accounting - a source of financial information; recording business transactions; adjusting the accounts and preparing financial statements; completing the accounting cycle; inventories and cost of goods sold; plant and equipment: acquisition and depreciation, disposals, natural resources and intangibles; cost accounting systems.

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Management I

Description: In this course, the participants are provided with an overview of the concepts, methods, techniques which are used during the managerial process and the major issues confronting managers in structuring theirs organizations (establishing, coordinating and evaluating the objectives) and managing organizational behavior. Nearby the items above, the structure and the process of leadership get an important place as the main components of the organization leadership system, being discussed the activities and processes that are essential for a well managed organization.

Topics covered: The evolution of managerial thinking and practices; The theoretical foundations of the organization management; Structural organization of the enterprise Informational system and organization communication.

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Marketing II

Description: The course represents a continuation of the MARKETING I module and it gets a prominent operational feature because it contains the main marketing politics.

Topics covered: Product policy, Price policy, Distribution policy, Communication policy and Selling power policy.

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Public Finances

Description: This course introduces participants to the basic foundation of public finances needed so much because they are rather important in the social and economic life of every nation, because, through them, 50% of PIB is concentrated and available to public authorities.

Topics covered: The budget system; the public expenses; the public incomes; the public credit and the external debt; the public finances of the colectivities. These topics are covered begining with the presentation of the studied problems and taking into consideration the concrete forms of manifestation of the public finances.

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Financial Management

Description: Financial management is a course, which covers theorzy and practice not covered in Public Finance. Principally, are evaluated financial aspects of firm management. The course is essential for specialists who want a career in corporate finance, capital market and finance consulting.

Topics covered: investment decision; amortization policy; ways of optimization of the working capital; financial equilibrium of firm; financial structure and cost of capital; dividend policy.

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Management II

Description: In this course, the participants are provided with an overview of the concepts, methods, techniques which are used during the managerial process and the major issues confronting managers in structuring theirs organizations (establishing, coordinating and evaluating the objectives) and managing organizational behavior. Nearby the items above, the structure and the process of leadership get an important place as the main components of the organization leadership system, being discussed the activities and processes that are essential for a well managed organization.

Topics covered: Decisional process into the organization; Management methods and techniques; The organization managers.

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International Business

Description: International Transactions approaches the principles, technics and instruments of management and marketing used in International Trade Transactions. It analyses the role of productive and trade firms on the international market, emphasizing the place and the role of the foreign trade specialist in concesiving and materializing the strategies of the firm in international business. Also, International Transactions focuses on the specific aspects involved by the export-import operations: the negotiation of the international offer, the payment modalities and instruments used in international transactions. Finally, the students are accustumed to the modalities of evaluation of the profitability analysis of the export-import operations and their impact on the firm involved in such operations in the context of world economy globalization.

Topics: International Trade Transactions - Defining Elements and Context in the Conditions of Internationalization and Globalization of World Economy; The Study of Foreign Market; International Development of the Firm; Macroeconomic Environment of International Transactions.

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Operational Management

Description: This course provides participants with a solid understanding of how an organization can gain a competitive advantage in today's marketplace through greater productivity, lower costs, predictable deliveries and customer service and higher quality. Emphasis is put on he factors that must be considered in the major decision areas of quality, logistics, process, capacity, environmental, and workforce management.

Topics covered: The parameter's optimization for production organisation (fabrication's cycles, fabrication's lots etc.); the elaboration of a fabrication program; time and space fabrication corelation ; maintaining the equilibre for the products: stocks vs necessities.

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Informatic Systems for management

Description: The objective of this course is to offer students an idea about the major role of information technology in the business world. Information technology provides solutions to business problems as well as opportunities for companies by increasing productivity and quality and enabling business process reengineering. The main topics consist of the foundations of information systems and their expanding role in the business environment, specifics of system analysis, design, implementation and evaluation, the manner information technologies can be used to support the day-to-day operations of a company, with a strong emphasis on their use in managerial decision making. A special attention is given to the use of information technology in solving specific problems and build strategic, innovative systems that enhance quality and productivity, and also to innovative applications of telecommunications and intelligent systems.

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Complex Managerial Simulation I

Description: The reason of the decisional games is getting the knowledges about the executive management. They offer the posibility of trials in decisional domain (the science and the art of making decisions in conditions of uncertainty without the risk of loosing money) and develop the decisional features of the participants. In EXECUTIVE GAMES you manage a firm who meet six other competitors. Decisions are in the area of marketing finance and manufacturing. The firms will be classified by multiply criteria.

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Tehniques for Communication and Negociation

Description: The objectives of the course are the formation, development and upgrading of the communicational and professional skills needed in the foreign trade transactions, which differ from the domestic trade. First, the course takes a look on the typology of the foreign trade contracts, the clauses that must be included, comprising those referring to the risks covering. Second, the course presents the forms and the rules of written, verbal and non-verbal communication, and the tactics and the strategies of negotiation, embracing case studies. Third, the course describes concretely the steps of the negotiation process (preparation, derulation and the finalization). Finally, the course analyses the negotiator psychology and the specifics of the negotiations in different countries. By learning these, the students will have the theoretical notions and the practical experiences that are very necessary for the profitable international business. Thus, beside the quality of proffesiolists in their fundamental domain, the students will be endowed with the skills of proffesiolists negotiators on which depends in great measure the gain from trade.

Topics covered: Tipology of foreign trade contracts; communication in foreign trade negotiations; preparation and finalization of foreign trade negotiations; psychology of negotiation and specific negotiations in different countries.

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Strategical Management

Description: The Corporate Strategy course helps participants appreciate the role of general managers in enhancing and sustaining corporate performance. The course covers the important analytical and conceptual approaches that are used to make bussiness and corporate strategy decisions as well as the process through which these decisions are made and implemented. It develops two key skills: cross functional and holistic thinking and the ability to recognize patterns of strategy under conditions of incomplete and imperfect information.

Topics covered: Competitional analysis. Strategic groups and competitional systems. Value of the field of activity. Competitional position of the company. Strategic segmentation. Benchmarking. Strategic portfolio. Attractiveness evolution of the field of activity. Managerial strategies. Company policy. Vertical integration. Strategies of subsidiaries. Management through international division.

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Human Resources Management

Description: This course deal with a wide spectrum of problems, such us: the strategies and politics in the human resources field; the interviws selection, integration and training of the human resources; the analysis and projection of the jobs (posts); the evaluation of the human performances; the careers management; the staff's motivation; the communication in the human resources field; the management of the relation with the unions; the efficiency of the human resources work.

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Complex Managerial Simulation II

Description: The reason of the decisional games is getting the knowledges about the executive management. They offer the posibility of trials in decisional domain (the science and the art of making decisions in conditions of uncertainty without the risk of loosing money) and develop the decisional features of the participants. In this simulation you make decisions for assurance with human resources of a winter resort.

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Logistic and Distribution

Description: The course deals with notions of organization and influence of the logistics and distribution for reaching the economic optimum within a company, according to the field of activity and contains the following chapters: The concept of logistic management from the perspective of internal distribution (industrial logistic) and of external distribution (customer services); The organization of logistic according to customer requests and the particularities of the transported goods; Marketing of logistic strategies; The profitability of goods distribution using own sale systems or using authorized distributors; Logistic, production, distribution - Mutual determination; The future of logistics and distribution of goods.

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Industrial Marketing

Description: Industrial marketing, precisely applied marketing of industrial and professional goods and services, or marketing from firm to firm, represent specific way and applied instruments in any situation when an organisation with or without productive purpose is addressed own interlocutors (public, customers, suppliers, administration etc) for to sell, to buy or attract them. The course develop specifiest aspects concerning industrial and professional environment, with accent on the contents and study of industrial and professional markets, on the industrial buying behaviour, on product policy, on pricing determination, on commercial communication - yet ignored or poor, on selling and on goods and services distribution.

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Comparative Management

Description: The discipline presents theoretical and practical comparisons which appear in the domain of management at the international level. Starting with the motivation of these comparisons'necessity and utility, the course continues with an overview of the contemporary preoccupations of the domain in the countries from South-Eastern Europe, Europeean Union, USA, countries from South-Eastern Asia and it ends with the future tendencies of the management.

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Decisional Simulations

Beer War is the place where you activate in the brewery industry. Your task is to take over one of these companies and get the monopoly of beer production. To win the game you need a market share of at least 60%. It is based on the total demands of all towns in the country. A company is liquidated if the value of its facilities cannot cover its debt. Your first brewery has a capacity of 1000 litre and you have your count 20.000 USD. You can expand brewery or build a new one, develop a new brand build as a depot in each town, transport beer and transfer money between the towns

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Last modified: 24.08.2000