The second cycle one-year studies in MBA in Strategic Human Resource Management (model 4+1) are organized in one academic study year i.e., two semesters. The program consists of 7 subjects and preparation of master thesis. The structure of the subjects is as follows:

1. Four mandatory subjects stipulated with the study program according to semesters of studying (maximum 70% of the total ECTS credits determined with this academic program)
2. Three elective subjects stipulated with the study program according to semesters of studying (maximum 30% of the total ECTS credits determined with this academic program)

Language of the study program

English

Preconditions for enrollment in the study program (especially for full-time, part-time and foreign students)

Students who have completed either four-year undergraduate studies or a study program of first cycle studies according to ECTS with 8 semesters and obtained a minimum of 240 credits.

Goals

High-performing organizations recognize that the individual and collective talent of their workforce is their competitive differentiator. When they look to local universities for talent, these organizations expect the same high level of education and proficiencies in their local and regional employees as they see in those educated in U.S. and other western-styled business schools. Companies want employees who demonstrate the capacity for higher levels of leadership and critical thinking. Local universities must reassess their business education frameworks to meet these contemporary needs. The Faculty of Economics as the leading institution in the field of business and economics in Republic of North Macedonia is well positioned to take a leadership role in achieving this goal.

The purpose of the partnership with the Kelley School is to rebuild the faculty’s masters-level degree in SHRM to offer top level management education drawing from U.S. business practices with enriched course content, pedagogical practices, and experiential opportunities for students and faculties. The ultimate deliverable from this partnership will be an M.B.A. that successfully mixes the qualities of a U.S.-based business degree with the cultural knowledge and considerations of the Balkan region. This project sets out to rebuild the existing course structure of the existing SHRM program and M.B.A. and to deliver an M.B.A. for local and regional professionals interested in successfully entering a career within the growing global business community.

The analysis of the labor market, as well as the experience of representatives of the Employment Agency of R.N. Macedonia point to the fact that this is a profession which is currently in high demand. In particular the demand for highly qualified staff has increased significantly in the last years mainly due to the fact that many multinational companies have entered in our country. These facts definitely confirm the appropriateness and timeliness of the decision of the Faculty of Economics – Skopje to initiate the establishment of the study program and to be able to create competitive, high profile professionals in the field of strategic human resource management.

The graduates that will emerge from the study program in MBA in Strategic Human Resource Management will also be able to conduct scientific research, which would contribute to the advancement in this field in the Republic of North Macedonia, as well as help businesses to create innovative solutions.

By adopting the knowledge of this study program, the student is expected to demonstrate the following knowledge, abilities and skills:

Knowledge and understanding:

• Shows understanding of the theoretical models and concepts of the modern economic and business theory;
• Demonstrates knowledge of different models and strategies that are used for successful management of macroeconomic policy and business processes in enterprises;
• Ability to create and use modern approaches for analysis of the effects of macroeconomic policy and business decisions in enterprises;
• Gains in-depth knowledge of the specific areas of the functioning of the macroeconomic policy and enterprises;
• Shows knowledge and ability to independently participate in scientific and professional discussions.

Application of knowledge and understanding:

• Able to creatively and innovatively think when it comes to designing new ideas and solutions;
• Demonstrates ability to assess and choose scientific theories, methodologies and tools for various economic and business areas;
• Demonstrates knowledge of the different methods used in the research of economic phenomena and business processes;
• Predicts various economic and business aspects;
• Possesses ability to participate in group discussions, to analyze critically theoretical and practical aspects of the companies’ workflow, to prepare and present the prepared projects;
• Has ability to make quality business decisions.

Ability to assess (Making judgement):

• Ability to assess the macroeconomic condition business processes, issues and priorities in different areas;
• Demonstrates ability to identify, collect, analyze, and interpret relevant data;
• Ability to independently solve complex issues regarding the practice operations and develop critical perception towards the existing theoretical models and knowledge;
• Ability to analyze, synthesize and critically evaluate facts.

Communication skills:

• Develops and upgrades team work skills, possesses leadership and communication skills applicable to various business environment and situation;
• Ability to collect, analyze, assess and present information;
• Ability to work in interdisciplinary teams in organizations in global and multicultural environment;
• Ability to professionally communicate with other professionals of the respective field and with other representatives of the institutions of the system as well.

Learning skills:

• Ability to analyze, understand, memorize and research data from different areas;
• Shows ability to draw conclusions or form an opinion about strengths and weaknesses of economic phenomena and business processes;
• Demonstrates ability to participate in active learning, ability to make use of scientific research methods and refer to relevant literature in his/her analyzes;
• Ability to analyze both concrete case studies and research papers from the respective area;
• Shows interest for continuous education and professional development to higher levels of education.

Information for continuing education

After finishing the Second Cycle of University Academic Studies, the students could continue their education at the third cycle studies.