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FACULTY OF ECONOMICS FACULTY University of Ljubljana FACULTY OF ECONOMICS University of Ljubljana University of Ljubljana FACULTY OF ECONOMICS FACULTY UNIVERSITY OF LJUBLJANA OF ECONOMICS FACULTY The University of Ljubljana has a rich tradition. With a relatively large city in Central Europe with over more than 45,000 graduate and postgraduate stu- 300,000 inhabitants. Students account for more dents, it ranks as a very large university. Approx- than one-seventh of the city’s population, giving it a imately 4,000 higher education teachers are em- youthful and lively character. ployed in the university’s 3 arts academies and 23 faculties. In the 2013/14 academic year, 5,384 stu- The university’s central office and most of the schools dents were enrolled, makeing the Faculty of Eco- are situated in the centre of Ljubljana. Several newer nomics of University of Ljubljana (the FELU) one of modern University of Ljubljana buildings are locat- the biggest faculties of the university. ed on the city’s outskirts. The university is renowned for the quality of its study programmes. Since the The university was founded in 1919 on the basis of a 2007/08 accademic year, all study programmes centuries-long tradition of providing education, re- on offer have been in accordance with the Bologna maining the only Slovenian university for half a cen- Declaration. tury. It is based in Ljubljana, the capital of Slovenia, University of Ljubljana University of Ljubljana FACULTY OF ECONOMICS FACULTY FACULTY OF ECONOMICS OF ECONOMICS FACULTY The Faculty of Economics of the University of Ljublja- Mission na (the FELU) was established in 1946 and forms an To develop principled leaders for work in a global- integral part of the University of Ljubljana. The Uni- ly competitive business environment by combining versity of Ljubljana is a public institution and the larg- economics and business education with innovative est university in Slovenia, while the FELU is one of the research while creating and disseminating knowl- university’s biggest schools. It is the leading institu- edge in a global society. tion of higher education in business and economics in Slovenia with a well-established brand in Europe Vision and worldwide. To rank among the top business and economics schools in the world by 2020. The highest standards of quality are paramount to the FELU, and it is therefore engaged in the process Slogan of international accreditation. In 2006, the FELU be- Knowledge for Progress came the first business school in Southeast Europe to be awarded the EQUIS accreditation. Since 2010, the Core Values FELU has held both EQUIS and A AC SB accreditations . Integrity, Cooperation, Responsibility, Knowledge University of Ljubljana and Academic Freedom FROM A REGIONAL LEADER TO A GLOBAL EUROPEAN SCHOOL The FELU’s vision for 2020 is to grow from a region- al leader to a globally recognised school of business and economics in Europe. While the FELU’s position as the regional leader has been retained, its renewed focus is on global markets. With this shift, the FELU is positioning itself in the strategic group of globally recognised schools holding both EQUIS and AACSB accreditations. FACULTY OF ECONOMICS University of Ljubljana University of Ljubljana FACULTY OF ECONOMICS FACULTY CONTENTS OF ECONOMICS FACULTY MESSAGE FROM THE DEAN ������������������������������������������������������������������������������������������������������������������������������������������� 9 THE FELU’S MANAGEMENT ���������������������������������������������������������������������������������������������������������������������������������������������11 HIGHLIGHTS 2013/14 �������������������������������������������������������������������������������������������������������������������������������������������������������� 13 THE FELU AT A GLANCE ������������������������������������������������������������������������������������������������������������������������������������������������19 OUR STUDENTS – OUR FUTURE ���������������������������������������������������������������������������������������������������������������������������������� 25 LET’S STAY IN TOUCH ���������������������������������������������������������������������������������������������������������������������������������������������������� 35 GREAT EXPECTATIONS ������������������������������������������������������������������������������������������������������������������������������������������������� 39 University of Ljubljana NEW KNOWLEDGE – NEW BUSINESS ����������������������������������������������������������������������������������������������������������������������� 45 BEING INTERNATIONAL �������������������������������������������������������������������������������������������������������������������������������������������������� 51 OUR FOCUS: QUALITY ���������������������������������������������������������������������������������������������������������������������������������������������������� 63 OUR FOCUS: SOCIAL RESPONSIBILITY AND INTEGRITY . 67 THE FELU’S PREMISES ����������������������������������������������������������������������������������������������������������������������������������������������������� 71 APPENDIX ������������������������������������������������������������������������������������������������������������������������������������������������������������������������� 75 FACULTY OF ECONOMICS University of Ljubljana University of Ljubljana FACULTY OF ECONOMICS FACULTY MESSAGE FROM THE DEAN OF ECONOMICS FACULTY Dear FELU friends, The new academic year has started and, while writ- have been conducted at the FELU over the last ac- ing this message, the FELU campus is alive with our ademic year, all aiming to enhance the knowledge numerous students from Slovenia and abroad. The and skills of our faculty and inspire our students. Our FELU has become a place where enthusiasm for alumni include fellows from all sectors at home and business and economics is highly valued. Everyone abroad. involved with the FELU is guided by our five core values: integrity, cooperation, responsibility, knowl- Finally, the FELU is also placing an emphasis on edge, and academic freedom. important socio-economic challenges Slovenia is facing. In February 2014, the Corporate Integrity The 2013/14 Annual Report presents our accom- Guidelines were presented along with our partners plishments, aspirations, and capacities of our facul- in accordance with the Good Practice Guidance on ty members. Our service to society is underpinned Internal Controls, Ethics and Compliance. by the three pillars of sustainability: people, planet, and profit. With 187 international partners from 44 I conclude my introduction with the promise that the University of Ljubljana countries around the world, the FELU is a symbol of FELU will continue to focus on each student’s lifelong Slovenian academic internationalisation. The FELU’s success and develop principled leaders to serve their intellectual spirit offers a variety of research oppor- communities in a global business environment. tunities in economics, management, business, and finance. I’m very proud of our members who serve Dear colleagues, I hope you find the 2013/14 FELU on prominent international boards, creating and Annual Report interesting and worthwhile reading. disseminating knowledge of our future society. Our faculty and students are exposed to cross-cultural Metka Tekavčič, Ph.D. experiences. They seek out innovative solutions to Dean real-world problems, develop into global thinkers, and keep in touch with the latest economic and busi- ness findings. A substantial number of workshops University of Ljubljana FACULTY OF ECONOMICS FACULTY THE FELU’S MANAGEMENT OF ECONOMICS FACULTY Dean Metka TEKAVČIČ Ph.D. Vice Dean Tomaž TURK Ph.D. Vice Dean Polona DOMADENIK Ph.D. Vice Dean Vesna ŽABKAR Ph.D. Vice Dean Tanja MIHALIČ Ph.D. Secretary General Marjan SMONIG, Nataša MULEC (from SEP 2014) THE FELU’S GOVERNANCE President of the Governance Board Borut RUSJAN Ph.D., Bogomir KOVAČ Ph.D. (from JULY 2014) President of the Faculty Assembly Mojmir MRAK Ph.D. University of Ljubljana FACULTY OF ECONOMICS University of Ljubljana University of Ljubljana FACULTY OF ECONOMICS FACULTY HIGHLIGHTS 2013/14 OF ECONOMICS FACULTY A NEW DEAN APPOINTED OCTOBER The FELU started the 2013/14 study year with a new Dean, Full Professor, Metka Tekavčič, Ph.D. With her strong com- mitment to follow the FELU’s values, the new Dean opens a new chapter in the FELU’s success story. The Dean’s wish is for the FELU’s academic community to excel through toler- ance, mutual trust, motivation, cooperation and shared re- spect for each and everyone’s achievements. FDI SUMMIT 2013 OCTOBER The FDI (Foreign Direct Investment) Summit 2013 Slovenia is a major international business event co-organised by the FELU. The theme of the 2013 Summit “A Clear Vision For The Future” focused on foreign investment, privatization and corporate governance. University of Ljubljana ERASMUS DAY 2013 NOVEMBER In November, the traditional Erasmus Day was organised in order to present various possibilities of studying abroad. More than 300 students participated in the event. At a roundtable, former exchange students shared the expec- tations and experiences they had gained during their stud- ies and life abroad. Students had the opportunity to obtain more information about the partner schools at the Erasmus fair. FELU STUDENTS FOR FAMILIES IN NEED VIA THE DECEMBER “BOTRSTVO” PROJECT Within the courses Business Environment