The Zagreb School of Economics and Management ( hr, Zagrebačka škola ekonomije i managementa, abbreviated as ZŠEM) is a private

business school A business school is a university-level institution that confers degrees in business administration or management. A business school may also be referred to as school of management, management school, school of business administration, o ...

located in

Zagreb, Croatia Zagreb ( , , , ) is the capital and largest city of Croatia. It is in the northwest of the country, along the Sava river, at the southern slopes of the Medvednica mountain. Zagreb stands near the international border between Croatia and Slov ...

. Founded in 2002, ZŠEM provides undergraduate and graduate education in economics, management, finance, marketing, and accounting. ZŠEM has been voted the best business school in Croatia for five consecutive years, most recently in 2012, and is Croatia's largest private institution of higher education. In 2013, the Zagreb School of Economics and Management became the first business school in Croatia to receive

AACSB The Association to Advance Collegiate Schools of Business, also known as AACSB International, is an American professional organization. It was founded as the American Assembly of Collegiate Schools of Business in 1916 to provide accreditation to ...

accreditation.

Overview

ZŠEM was founded in 2002, making it one of the first private institutions of higher education founded in Croatia. It offers undergraduate degrees in economics and management, with a possibility of specialization in

economics Economics () is the social science that studies the Production (economics), production, distribution (economics), distribution, and Consumption (economics), consumption of goods and services. Economics focuses on the behaviour and intera ...

management Management (or managing) is the administration of an organization, whether it is a business, a nonprofit organization, or a government body. It is the art and science of managing resources of the business. Management includes the activities o ...

finance Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of production, distribution, and consumption of money, assets, goods and services (the discipline of fina ...

marketing Marketing is the process of exploring, creating, and delivering value to meet the needs of a target market in terms of goods and services; potentially including selection of a target audience; selection of certain attributes or themes to emph ...

, and

accounting Accounting, also known as accountancy, is the measurement, processing, and communication of financial and non financial information about economic entities such as businesses and corporations. Accounting, which has been called the "languag ...

. ZŠEM also maintains a

graduate program Postgraduate or graduate education refers to academic or professional degrees, certificates, diplomas, or other qualifications pursued by post-secondary students who have earned an undergraduate (bachelor's) degree. The organization and struc ...

, offering

MBA A Master of Business Administration (MBA; also Master's in Business Administration) is a postgraduate degree focused on business administration. The core courses in an MBA program cover various areas of business administration such as accounti ...

s in management, marketing,

human resource management Humans (''Homo sapiens'') are the most abundant and widespread species of primate, characterized by bipedalism and exceptional cognitive skills due to a large and complex brain. This has enabled the development of advanced tools, culture, ...

, and others, along with a

Master of Arts A Master of Arts ( la, Magister Artium or ''Artium Magister''; abbreviated MA, M.A., AM, or A.M.) is the holder of a master's degree awarded by universities in many countries. The degree is usually contrasted with that of Master of Science. Tho ...

in Economics program. It operates one of the largest Summer Schools in Croatia. Due to ZSEM's extensive ties with other business schools and universities, 14% of its Summer School's enrollments are

international student International students, or foreign students, are students who undertake all or part of their tertiary education in a country other than their own and move to that country for the purpose of studying. In 2019, there were over 6 million internati ...

s. 17% of ZSEM's students spend at least one semester abroad at of one 120 partner institutions and universities around the world.

Academics and faculty

ZŠEM's undergraduate and graduate programs are in full compliance with the Bologna Process; its undergraduate program is assigned 240 ECTS points, or 8 full semesters, while its MBA and

in Economics degrees are assigned 60 and 120 ECTS points, respectively. It is fully accredited and recognized by the Croatian Ministry of Science, Education and Sport. ZŠEM enrolls 200 students annually. With 450 applicants for undergraduate admission, ZŠEM's

acceptance rate Acceptance in human psychology is a person's assent to the reality of a situation, recognizing a process or condition (often a negative or uncomfortable situation) without attempting to change it or protest it. The concept is close in meaning to ...

is just under 45%. 55% of ZŠEM's students are from Zagreb and 20% are international students; roughly half of these are from

Bosnia and Herzegovina Bosnia and Herzegovina ( sh, / , ), abbreviated BiH () or B&H, sometimes called Bosnia–Herzegovina and often known informally as Bosnia, is a country at the crossroads of south and southeast Europe, located in the Balkans. Bosnia and H ...

.Nezirović, Vanja;
Studentski parking prepun Mercedesa i BMW-a
, '' Jutarnji list'', 9 October 2010. Retrieved 27 March 2011. Guest lecturers at ZŠEM have included marketing expert

Philip Kotler Philip Kotler (born May 27, 1931) is an American marketing author, consultant, and professor emeritus; the S. C. Johnson & Son Distinguished Professor of International Marketing at the Kellogg School of Management at Northwestern University ...

Indian Indian or Indians may refer to: Peoples South Asia * Indian people, people of Indian nationality, or people who have an Indian ancestor ** Non-resident Indian, a citizen of India who has temporarily emigrated to another country * South Asia ...

microfinance Microfinance is a category of financial services targeting individuals and small businesses who lack access to conventional banking and related services. Microfinance includes microcredit, the provision of small loans to poor clients; savings ...

entrepreneur Entrepreneurship is the creation or extraction of economic value. With this definition, entrepreneurship is viewed as change, generally entailing risk beyond what is normally encountered in starting a business, which may include other values th ...

Vijay Mahajan Vijay Mahajan is the Chief Executive Officer (CEO) of the Rajiv Gandhi Foundation and the Director of the Rajiv Gandhi Institute of Contemporary Studies. Mahajan was the founder of the BASIX Social Enterprise Group which is engaged in liveliho ...

, presentation and

communication Communication (from la, communicare, meaning "to share" or "to be in relation with") is usually defined as the transmission of information. The term may also refer to the message communicated through such transmissions or the field of inquir ...

expert Jerry Weissman, among others. ZŠEM also hosts an annual conference on

corporate governance Corporate governance is defined, described or delineated in diverse ways, depending on the writer's purpose. Writers focused on a disciplinary interest or context (such as accounting, finance, law, or management) often adopt narrow definitions th ...

and

social responsibility Social responsibility is an ethical framework in which an individual is obligated to work and cooperate with other individuals and organizations for the benefit of the community that will inherit the world that individual leaves behind. Social ...

in Croatia. Current and former faculty include several notable lecturers, such as former Croatian

Prime Minister A prime minister, premier or chief of cabinet is the head of the cabinet and the leader of the ministers in the executive branch of government, often in a parliamentary or semi-presidential system. Under those systems, a prime minister is not ...

and current

Croatian Olympic Committee The Croatian Olympic Committee ( hr, Hrvatski olimpijski odbor (HOO)) is the non-profit organization representing Croatian athletes in the International Olympic Committee. The COC organizes Croatia's representatives at the Summer and Winter Olymp ...

Chairman

Zlatko Mateša Zlatko Mateša (; born 17 June 1949) is a Croatian politician who served as Prime Minister of Croatia from 1995 to 2000. A member of the Croatian Democratic Union, Mateša is currently the president of the Croatian Olympic Committee and honorary ...

, former Croatian

Finance Minister A finance minister is an executive or cabinet position in charge of one or more of government finances, economic policy and financial regulation. A finance minister's portfolio has a large variety of names around the world, such as "treasury", " ...

Martina Dalić Martina Dalić (; ; born 12 November 1967) is a Croatian economist and finance official who was a Deputy Prime Minister of Croatia and Minister of Economy, Small and Medium Entrepreneurship and Crafts in the Cabinet of Andrej Plenković. She was ...

, Croatia's first Minister for European integration Ljerka Mintas-Hodak, and others. Its Dean is a former economic advisor to the

President of Croatia The president of Croatia, officially the President of the Republic of Croatia ( hr, Predsjednik Republike Hrvatske), is the head of state, commander-in-chief of the military and chief representative of the Republic of Croatia both within the ...

, MP, and former Dean of the Croatian Institute of Economics, Dr. Đuro Njavro.

Rankings and achievements

Eduniversal voted ZŠEM the best business school in Croatia in 2008, 2009, 2010, 2011, 2012, 2013, 2014, 2015 and 2016; it holds four palms (the maximum being five) under Eduniversal's ranking system of business schools. Four palms of excellence ranking makes it the top business school with significant international influence. In 2017 The Zagreb School of Economics and Management was recently the third best business school in Eastern Europe at the Eduniversal World Convention held in Dubai. A study by the Croatian newspaper '' Jutarnji List'' concluded that ZŠEM received the most applications for admission annually of all Croatian private business schools and private degree granting institutions. Notable Croatian business daily '' Business.hr'' recognized ZŠEM's Student Future Day as Croatia's leading

career fair A job fair, also commonly referred to as a job expo or career fair or career expo, is an event in which employers, recruiters, and schools give information to potential employees. Job seekers attend job fairs to speak face-to-face with potential e ...

.Student Future Day i dalje vodeći sajam karijera u Hrvatskoj
, '' Business.hr'', 10 March 2011. Retrieved 27 March 2011. At present, more than 94% of ZSEM students find employment within one year of graduating while 40% of students find internship during their years of study.

Publishing

One of ZŠEM's founding members was Zagreb publishing house MATE, which specializes in business and economic publications. As such, ZŠEM has published, in cooperation with MATE, numerous management, economics, marketing and accounting

textbooks A textbook is a book containing a comprehensive compilation of content in a branch of study with the intention of explaining it. Textbooks are produced to meet the needs of educators, usually at educational institutions. Schoolbooks are textbook ...

and specialized publications. ZŠEM also publishes ''ZŠEM Management Review'', Croatia's only business and economics

quarterly A magazine is a periodical literature, periodical publication, generally published on a regular schedule (often weekly or monthly), containing a variety of content (media), content. They are generally financed by advertising, newsagent's shop, ...

, with scholarly articles published under exclusive license. ZŠEM maintains extensive relations with other international business schools.

References

External links

ZSEM HomepageZSEM Homepage

ZSEM Homepage

ZSEM Management Review

MATE Homepage
{{authority control 2002 establishments in Croatia Education in Zagreb Educational institutions established in 2002 Schools in Croatia Universities and colleges in Croatia