Bachelor in Business Mathematics and Economics


Program Description

The undergraduate program in Business Mathematics and Economics places emphasis on business-economics and quantitative mathematics in order to prepare financial experts for work in the banking and financial sectors, as well as in production, distribution, logistics, telecommunications, software and other companies in Croatia and worldwide.

The structure of the study was designed in the way that in the first two years you will listen to basic mathematical and economic subjects with insights into the subjects of mathematics applications in economics and business administration. This way, with intensive use of information technology and existing software, students adopt theoretical knowledge. In the third year, students learn to independently design mathematical algorithms to solve problems in business practice and deepen their knowledge in the direction of financial mathematics and optimization. In the fourth year, a Capstone course was created in which students will be involved in project design and business case solving using all the acquired knowledge they have gained until then. Also, fourth-year students are offered elective courses that enable them to be profiled in the direction of financial mathematics and/or optimization.

Lectures and exercises are performed by professors with great experience gained in Croatia and around the world. In addition to these, within the framework of collaboration with the business community, students have the opportunity to listen to external collaborators who share their experience by presenting realistic applications and specific problems that are solved by applying mathematical methods, starting with financial problems, programming, creating algorithms for optimization and, forecasting.

The Business Mathematics and Economics study provides a business – economics – mathematical – quantitative basis for successful work in Croatia, Europe and the rest of the world, in banks, insurance companies and other financial institutions, administration, manufacturing, distribution, logistics, telecommunication, software and other companies. Undergraduate students have all the resources and services of ZSEM at their disposal, from the use of libraries, computer classrooms and online databases, to international exchange and Career Center services. At the beginning of each study year, students in this program receive literature from the school library at their home address. Check out everything that is included in the tuition.

Documentation required for admission

  • Copy of both sides of the ID card with a clearly visible photo
  • High school diploma (either original, or notary-approved copy)
  • Candidates who have completed high school outside Croatia submit a Decision on a Foreign Degree Validation issued by the Ministry of Science, Education and Sports
  • Birth certificate (either original, or notary-approved copy, in Croatian or English)
  • Certificate of nationality (either original, or notary-approved copy, in Croatian or English)
  • CV
  • Two photos 4×6 cm


First semester

  • Excel for Mathematical Modelling
  • Mathematical Analysis 1
  • Linear Algebra 1
  • Principles of Economics 1
  • Philosophy
  • Critical Thinking
  • English Language

Second semester

  • Principles of Economics 2
  • Mathematical Analysis 2
  • Principles of Probability and Statistics
  • Application of Software Packages in Mathematics
  • Linear Algebra 2

Third semester

  • Statistics
  • Linear programming
  • Microeconomics
  • Principles of Accounting
  • Rhetorics
  • Social Psychology

Fourth semester

  • Econometrics 1
  • Numerical methods in economics
  • Mathematical principles for economic analysis
  • Principles of financial mathematics
  • Macroeconomics
  • Principles of Law

Fifth semester

  • Econometrics 2
  • Optimisation
  • Ordinary Differential Equations
  • Business Communication in Correspondence
  • Management
  • Marketing

Sixth semester

  • Stochastic process
  • Game Theory
  • Financial Mathematics
  • Programming
  • Economics for Managers
  • Internship

Seventh semester

  • Dynamical systems in economics
  • Graph theory
  • Corporate Finance
  • Financial institutions and markets
  • First Elective course

Eight semester

  • Capstone
  • Public Finance
  • Second Elective Course
  • Third Elective Course
  • Undergraduate thesis

Entrance exam

Your Entrance Exam score is based on the following:

  • English test score
  • Math test score
  • General knowledge test score
  • Interview with the candidate
  • Essay

Last updated Sep 2019

About the School

The Zagreb School of Economics and Management has been educating Croatia’s future economic and business experts, and has become a center for thought and discussion on contemporary economic and busines ... Read More

The Zagreb School of Economics and Management has been educating Croatia’s future economic and business experts, and has become a center for thought and discussion on contemporary economic and business issues in Croatia. Read less