Financial Management


ACQUIRED DEGREE – Bc.

MODE OF STUDY – Full-time and part-time

LENGTH OF STUDY – 3.5 years (7 semesters)

LANGUAGE OF STUDY – Czech or English

INTERNSHIP – compulsory in the 5th semester

PLACE OF STUDY – Mladá Boleslav or Prague

STUDY PLANFull-time and part-time

 

 

Basic study information

The Bachelor’s degree programme Financial Management is focused on corporate finance, financial management and the relationships between manufacturing enterprises and the financial sector. It is based on the knowledge of microeconomics and macroeconomics, mathematics, statistics, computer science, accounting, law, taxation and economic and financial management. Specialised courses focus on the fields of financial planning and operational financial management in industrial companies. All of this is based on the application of modern methods and tools of financial management and managerial decision making. Special emphasis is placed on the use of simulations of real decision-making tasks. The programme also respects the marketing, personnel and psychological and social aspects of management.
The programme is based on combining theoretical and practical skills. Lecturers often use case studies or interactive management games to allow students to have an in-depth understanding of the given issue. Students gain practical managerial skills not only during their compulsory internships in domestic or foreign companies engaged in international trade, but also in terms of courses which include regular meetings with experts from the field.

The fifth semester includes a compulsory internship. to increase the employment opportunities of graduates. Students most often choose ŠKODA AUTO for their internships as well as other partner companies of ŠKODA AUTO University or foreign companies, primarily within the Volkswagen Group, with the support of the Erasmus+ programme.
Under the Erasmus programme, students can also spend one or two semesters at one of more than 30 partner universities. ŠKODA AUTO University also offers very interesting projects outside of Erasmus allowing students to choose from destinations such as China, India, South Korea or the USA for their studies abroad.
Graduates can further expand their knowledge and skills in a follow-on Master’s degree programme  Finance in International Business. Given the extended and comprehensive foundation of all Bachelor’s programmes, students will be ready to study other Master’s degree programmes offered by the school as well.
The Financial Management specialisation is designed for students with analytical thinking who would like to understand the secrets of corporate finance. Complete information on the admission procedure and conditions for admission can be found HERE.

Graduate profile

Graduates of Business Administration and Financial Management possess economic and management knowledge and skills in corporate finance management, with an emphasis on manufacturing companies.
Graduates of this specialisation possess knowledge and skills in the area of theoretical and applied sciences such as theoretical economics, accounting and financial management, business law, taxation, marketing, management, theory of statistics and economic statistics, but also ICT working knowledge and the knowledge of two foreign languages. Other skills include extensive social competences related to communication and presentation skills in particular, but also teamwork abilities.
A suitable combination of technical and economic knowledge they possess allows them to apply it practically, differentiating them from graduates of other universities with a similar focus.


Employment opportunities

Employment of graduates of the Business Administration and Financial Management specialisation is anticipated particularly in positions of specialists, coordinators and managers not only in ŠKODA AUTO a.s., the VW Group and its suppliers, but also in businesses across the economy.

Graduates work in positions such as:

controlling specialist; financial management specialist; audit specialist; strategic planning specialist; sales specialist; purchasing specialist; specialists in banks or insurance companies or specialists in departments uncovering corruption and financial crimes.

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