Course detail

Economics and Management

FSI-LEM Acad. year: 2025/2026 Winter semester

The course focuses on non-technical areas that graduates, not only in the energy field, will encounter during their internships. In the course, they will be introduced to the organisation of companies and enterprises, the systems and laws of organisation and, last but not least, they will receive the basic education to cope with teamwork and management positions in which they will quite often find themselves. The second part of the course is a basic insight into economics, which will very briefly highlight the areas that are essential for companies to stay in business. These are mainly in the areas of corporate finance, financial instruments and accounting. The course does not aim to provide a complete training in management and economics (often entire study programmes are not sufficient for this), but rather to be an introduction and signpost for future training.

Language of instruction

Czech

Number of ECTS credits

1

Supervisor

doc. Ing. Marek Baláš, Ph.D.

Department

Energy Institute

Entry knowledge

none

Rules for evaluation and completion of the course

The evaluation of the course is based on the active participation of students in the class.


none

Aims

The aim of the course is to prepare students for practice, where, in addition to technical problems, they will also deal with the economic side of running a company and projects. Another goal is to prepare students for leadership and management roles and positions in their future profession. 


Students can apply the acquired competences in solving operational issues of the company, managing projects and work teams.

The study programmes with the given course

Programme N-ETI-P: Power and Thermo-fluid Engineering, Master's
specialization ENI: Power Engineering, elective

Type of course unit

 

Lecture

26 hours, optionally

Syllabus


  1. Socially responsible business, forms of business, self-employed

  2. Accounting – types of accounting, balance sheet, assets, liabilities,

  3. Accounting – financial statement and closing, cash flow, financial performance indicators

  4. Project – stages, planning, evaluation

  5. Influence of the state on business – legislation, tax system of the Czech Republic

  6. Management, the basic role of a manager

  7. Manager – planning, organizing, controlling

  8. Manager – leadership and management, work with people

  9. Manager – self-management, communication

  10. Managerial functions and planning, strategic management

  11. Strategic management

  12. Project management – planning, organizing, managing, controlling

  13. Presentation skills (PPT, poster, rhetoric)