studeni eng

As part of the strategic co-operation between the Faculty of Economics
and Business of the University of Zagreb and the PwC Croatia Auditing and
Advisory Society, from 5 to 9 November 2018, the first cycle of education
The Basics of Tax Literacy: Tax and Accounting Aspects of Income Taxes,
Profits and VAT was held at which participated attenders from the business
community.
confirmed by many praises, as well as the clear wishes of the trainees to
continue further training in this area, with an emphasis on practical examples
of practice.
Program Director, Mr. Hrvoje Jelić, LLM, Member of the Management
Board of PwC Croatia and Associate Professor Nika Šimurina, PhD, head of
the Department of Finance at the Faculty of Economics & Business, on the
last day of the education awarded the attendees with certificates for a successfully
completed lifelong learning program, and they got, as present,
the tablets they used during their education.
Testimonials after completion of education:
"You kept my attention all the time and you have a very pleasant and
accessible attitude towards the participants. You have surprised me and
I will certainly recommend you."
Lecturers, the professors from the Faculty of Economics & Business and
tax experts from PwC Croatia, made it in a clear, simple and insightful way
the topics of taxation and the basic principles of taxation in modern tax
systems, with the special emphasis on the tax system of the Republic of
Croatia. The attendants got knowledge about the basic types of taxes and
learned how to calculate income tax, profit tax and VAT, and provide the
necessary tax advice on the possibilities of legitimate tax position improvement
respectively reducing tax burden.
The particularity of this education was a high level of interaction between
the lecturers and the participants, along with the high quality of the targeted
workshops, which completely justified their expectations. It is best
"I liked most the examples from PwC's practice of lecturers. I would diminish
the theory and introduce even more practical examples, because
that way I associate, learn and remember the best. "
"The dynamics of lectures and the lecturers were excellent. Everything
was so great."
"I liked the interaction of theory with examples from practice. I would
certainly praise colleagues from PwC on for their applicable knowledge
and effort. The education is of very high quality, and the theoretical part,
provided by the FEB, rendered us with high quality and interactive lectures.
I would certainly like that one think over about education of both
basic and advanced levels of knowledge."

Beginning of the first semester for the new generation of PhD students Economics
and Business Economics started on November 12, 2018. The welcome
address were delivered by the dean of the Faculty Prof. Jurica Pavičić, PhD,
Head of study Prof. Đurđana Ozretić Došen, PhD, and the secretaries of the
study Assist. Prof. Sandra Horvat, PhD, and Assist. Prof. Vatroslav Škare,
PhD.
The new generation of participants has 28 candidates, making the PhD program
Economics and Business Economics to continue to achieve excellent
record results.
The meeting on the occasion of the beginning of the lecture, attended by
new generation students, members of the Faculty Management Board and
lecturers, was formally dedicated to informing the participants about the
tradition of education of doctoral students at the Faculty of Economics &
Business, the experiences of the previous students and the expected challenges
with which students will meet during studies. There was a brief informal
gathering followed by a lecture from the Mathematics for Economic
Analysis conducted by Prof. Zrinka Lukač, PhD, started the first semester.
The Faculty of Economics & Business of the University of Zagreb and the Libertas
University signed an agreement on cooperation on October 31, 2018. The
agreement was signed by Prof. Jurica Pavičić, PhD, Dean of the Faculty of Economics
& Business and Prof. Duško Pavlović, PhD, Rector of the Libertas University.
The signing of the Agreement was also attended by the Vice-Rector of the University
of Zagreb, Prof. Tonči Lazibat, PhD, and President of the Management
Board of Libertas University Gojko Ostojić, PhD and the Vice-Deans of the Faculty
of Economics & Business in Zagreb, Prof. Lorena Škuflić, PhD, Prof. Oliver
Kesar, PhD, Assoc. Prof. Božidar Jaković and Secretary of the Faculty of Economics
& Business Ms. Martina Levačić, LLB.

The Faculty of Economics and Business present itself at the University of
Zagreb Review, which was held in the Student Center on November 22 to
24, 2018.
Asisstant Professors Velibor Mačkić, Ana Aleksić and Tomislav Globan, as
well as students Leonarda Ostrički and Davor Cota, presented the study
programs, curricula, activities of student associations as well as the many
other possibilities available to students during the study at the main stage
of Review.
The Review ended with a ceremonial awarding of accolades, which were
awarded to the most successful participants by the Rector of the University
of Zagreb Prof. Damir Boras, PhD and Vice Rector for Business Prof. Tonći
Lazibat, PhD.
Their contributions to the better presentation of the Faculty of Economics
& Business were also given by the student associations: Debate Club, Economics
Clinic, eStudent, Financial Club, HSA, Tourism Lab and Rowing
Club Economist.
On November 6, 2018, the first meeting of the Council for Science was held
at the Faculty of Economics & Business. It is the new body of the Faculty of
Economics & Business, which should help through its work to strengthen
and better position of the Faculty in a relevant environment by means of its
own scientific research work. The Council has 25 members, and the membership
criteria in the Council are that the members are winners of the
State Awards for Science (Life Achievements, annual awards for science
and annual awards for science novices), the winners of awards for Scientific
Productivity at the Faculty of Economics & Business - Zagreb and scholars
of the Fulbright Program and the Foundation Alexander von Humboldt.
were welcomed by the new Management Board of the Faculty of Economics,
headed by the Dean Prof. Jurica Pavičić, PhD.
Prof. Darko Prebežac, PhD, President of the Council spelled out the basics
goals, potential areas of action and the level and dynamics of functioning
of this newly established Council.
The members of the Council, made up of present and retired professors,
professors emeritus and academics of the Faculty of Economics & Business,
3

During November, Professors of the Faculty of Economics & Business organized
student visits to the Croatian Parliament.
Thus, students of the BDiB courses of EU Market Law and EU Company Law,
accompanied by Prof. Hana Horak, PhD and Assistant Kristijan Poljanec,
visited the Parliament on November 8, 2018. During this already traditional
visit to the Parliament, students had the opportunity to get acquainted
with the basics of Croatian constitutional and legal and political order and
to learn more about the structure and work of the Parliament, with a special
emphasis on the cooperation of the Parliament with the European Parliament.
In organization of Assoc. Prof. Hrvoje Šimović, PhD students of the course
Fiscal Policy visited the Croatian Parliament on November 27, 2018. On this
occasion the students attended the debate on the state budget for 2019.
... what academic domains (as they were archaically referred to in the 1925 and 1939 Statutes on organization), i.e. the authorities, existed until inclusion of the EKVŠ (School
of Economics and Commerce) into the University?
According to Art. 11 of the 1925 Statute, these were Council of Professors (consisting of all Regular and Extraordinary Professors, and two representatives of Private Assistant-
Professors, but latter having no right to vote), Rector and Dean.
In 1939 to them were added the Senate (consisting of the Rector and all the Regular Professors), the Lower and Higher Disciplinary Court (for disorderly and disciplinary offensive
of the teaching staff) and Court for Students.
And another curiosity:
According to Art. 6 of the Decree on the Establishment of the School of Commerce and Transport of June 17, 1920, all regular and extraordinary professors were appointed directly
– by the King.
4

The Department of Trade and International Business of the Faculty of Economics
& Business, in cooperation with the Croatian Chamber of Commerce,
on November 28 and 29 2018, organized the 9th International Trade
Conference Perspectives 2018: Contemporary aspects and role of international
trade. The conference has gathered more than 100 prominent European
and Central European researchers studying international business, international
trade issues, internationalization challenges, e-commerce, transport,
logistics and supply chain management.
International trade is the backbone of a globalization process that in some
way affects all segments of life and business in any country. Adequately
supported by development policies and appropriate infrastructure, international
trade generally governs economic growth, but it also enables the establishment
of sufficient flexibility of the economy as well as rapid adaptation
in case of possible economic shocks. The issue of international trade is
particularly topical and because of the current sharpened relations among
the world's largest economies, with implications for these relations being
the concern of all other countries. The goal of this conference was therefore
to explore the pace of changes in international trade, along with its
role in the modern economy. Different aspects of international trade were
discussed in order to determine which trends have the greatest impact on
international trade as one of the key factors for improving the competitiveness
of the national economy.
In the Proceedings, divided into four categories, 25 papers were published.
Seven papers in the first category scrutinize the issue of internationalization
of trade, while eight papers from the other group analyze the challenges
of internationalization. Five papers in the category 'Transport and Logistics'
address the current problems of transport technologies and overall
logistics. In recent years, the trade has changed considerably under the influence
of computerization and the orientation of an increasing number of
consumers through the Internet, whose importance is increasing day by
day. Therefore, the issues of e-commerce are studied in five papers classified
into the fourth group.
An invited lecture at the conference on the role of distributor in international
trade was held by Mr. Stjepan Roglić, CFO at Orbico Group. As part
of the conference, a two-day methodological seminar on the Models and
Techniques of Econometric Analysis for Scientific Research for doctoral students
was held. The conference was concluded by awarding prizes to the
attentive participants.

From December 6 to 8, 2018, the DTC - Digital Transformation Conference
2018 was held in Zagreb. The conference brought together experts from the
academic community, public administration and the business sector, and
was organized by the Department of Informatics at the Faculty of Economics
& Business, University of Zagreb, FOI Varaždin, Innovation Center Nikola
Tesla, Adult Education Institution - ILBA and InfoDom Group.
As a co-organizer and contractor, the members of the Department of Informatics
actively participated in the conference program and shared their
knowledge, experience and research results on digital transformation and
digital economy.
topic of Recommendations from the Digital Transformation Study - case study
of three Croatian companies.
The plan is to continue co-operation with conference organizers to be held
in the coming years. The conference was the result of the activities carried
out under the project with the university support Digital Transformation of
Croatian Enterprises, headed by Prof. Vesna Bosilj Vukšić, PhD.
DTC conference took place in four sections, and Prof. Vesna Bosilj Vukšić,
PhD and Prof. Mario Spremić, PhD were, among other things, leaders of
special thematic sections, while Ms. Lucija Ivančić, MBA, together with Mr.
Marijo Volarević (CDO) from Croatia osiguranje, held a presentation on the
A new topic of discussion on the actuality of competition law and policy,
held on November 16, 2018 at the Faculty of Economics & Business, was
Implementing of a Competition Law System - Three Decades of Polish Experience.
Dr. Marek Martyniszyn of the University of Belfast presented the results of
research conducted with Dr. Bernaton, from the University of Warsaw,
which analyzed the introduction and development of the system for protection
of competition in Poland in the last thirty years. During this period,
Poland has gone through two key transitions: from a planned economy to a
free market and from communism to democracy.

Based on the insights from the research conducted, Dr. Martyniszyn presented
his original methodological framework that enabled him to make
some broader conclusions about how the system works. Participants' questions
focused on the parallels between Croatian and Polish experiences. It
was noted the existence of some institutional weaknesses characterized by
the Polish system and which do not exist in Croatia. Dr. Martyniszyn
warned of the perceived passivity in implementing the rules on competition
in Poland in recent years, which in his opinion stems from the mentioned
institutional shortcomings.
The panel was precious for Croatia's close comparative experience, as
pointed out by present members of the Croatian Competition Council.
Professor at the University of Belfast Marek Martyniszyn, PhD, held a workshop
on publishing papers in international scientific journals on November
16, 2018 at the Faculty of Economics & Business.
This interactive workshop was concerned with the process of publishing
papers in international scientific journals, and the lecturer provided practical
advice on solving the most common problems and difficulties in the
process. The workshop was intended for the scientific and teaching staff of
the Faculty of Economics & Business and Faculty of Law of the University
of Zagreb and the PhD students at these faculties.
Dr. Martynissyn encouraged the participants to publish in English in prominent
scientific journals, which should be deliberate personal decision, but
also warned, among other things, that it is necessary to know the process
of publishing, to use the native speaker for proofreading, and to be aware
of the huge competition in that process.
It was interesting to hear about the criteria for academic advancement in
the UK, which is entirely focused on publishing articles in magazines.

Within the Brown Bag Seminar a session was held by Assist. Prof. Vladimir
Arčabić, PhD and Ms. Nora Mustać from the Department of Macroeconomics
and Economic Development. Assist. Prof. Arčabić presented his work
entitled Fiscal Convergence and Sustainability in the European Union, for
which he was awarded by the Foundation Prof. Dr. Marijan Hanžeković for
2018, while Ms. Nora Mustać presented his doctoral work in emerging Russia
and China: the divergence of the growth rate after the transition.
In the work of Assist. Prof. Arčabić, fiscal convergence and sustainability in
the European Union is analyzed using public debt, revenue and expenditure
data. There is absolute fiscal divergence in the EU, which is particularly
pronounced after the debt crisis. However, there is fiscal convergence
among the clubs when the clubs are endogenous. Convergence clubs are
important for the EU, because there is no single fiscal policy, but the policies
of the member states are heterogeneous. Endogenous convergence
clubs do not have the usual geographic, political or developmental similarities.
Fiscal policy in the EU is not sustainable, but it is countercyclical. The
paper uses a fiscal response function according to which the primary surplus
is the public debt function and the GDP gap. The primary surplus does
not respond to changes in public debt, which is considered to be long-term
unsustainable. However, the primary surplus is increasing in expansions
and decreasing in recession, which is about fiscal policy countercyclicy.
Countercyclical primary surplus is important for mitigating business cycles.
The future doctoral work of colleague Ms. Mustać will explore the success
of transition from the planned to the market economy with the greatest
emphasis on Russia and China as the two leading transition countries with
different final outcome of transition. After the transition, the Chinese
economy has one of the world's largest economic growth rates, while Russia
is regressing and stagnating. Why transition "brought" to China high
growth rates, and to Russia not, what are the reasons for China's economic
success and the Russian failure of transition respectively, and where are
the links with Croatia's transition and its success.
First, it is about two most economically powerful transition countries with
a similar initial model of the socialist planning economy. Therefore, the
outcomes of their market transformation are crucial for the overall assessment
of the results of the transition. Second, their economic performance
has a significant influence on the transition processes in Croatia. Particularly
were strong economic relations between Croatia and Russia in the pre
-transition period and their reduction during transition have directly affected
the level of economic activity and the specificity of the consequent
deindustrialization of the Croatian economy.
The seminar was attended by FEB researchers and our students, and there
were numerous useful questions asked.

In the organization of the Student Entrepreneur Incubator, a guest lecture
on November 21, 2018 at the Faculty of Economics & Business gave Prof.
Salvatore Tomaselli, PhD, professor of business administration and member
of the ARCA Incubator Committee from the University of Palermo, Italy.
On the example of the Academic Incubator of the University of Palermo, as
well as many others in the world, it is emphasized that university entrepreneurial
incubators play a key role in the development of entrepreneurship
and the solving of the problems of youth unemployment.
In his lecture titled Cases on Business Planning, Professor Tomaselli recalled
the importance of making a business plan when starting an entrepreneurial
venture. Underlining the key elements of a business plan from an investor
perspective, Professor Tomaselli emphasized that every business plan
should be preceded by a well-crafted Canvas business model for future business,
all with the aim of ensuring consistency between the mission, vision,
strategy and business objectives and financial projections. Students have
also received a lot of advices on how to best present their entrepreneurial
idea to investors in order to provide the necessary financial resources.
Organized by the Department for Organization and Management, on November
26, 2018, the Faculty of Economics & Business visited Prof. Jeong-
Hoan Seo, PhD, Chairman of the Foreign Relations Committee of the National
University of Changwon, South Korea.
He was welcomed by the dean Prof. Jurica Pavičić, PhD, Vice-Deans Prof.
Oliver Kesar, PhD, Assist. Prof. Božidar Jaković, Phd and Assoc. Prof. Sanja
Sever Mališ, PhD, and Prof. Darko Tipurić, PhD, Head of the Department
for Organization and Management and Prof. Marijan Cingula, PhD with
whom he discussed the possibilities of cooperation.
Professor Seo also held a guest lecture on the topic Industry-University cooperation
system in Korea as part of the Deciding and Organization course.

Ms. Petra Barišić, PhD from the Department of Tourism of the Faculty of
Economics and Business of the University of Zagreb from October 26 to
November 3, 2018, paid the visit to the University of Houston, Conrad N.
Hilton College of Hotel & Restaurant Management as guest lecturer. During
her stay, she gave a guest lecture on international tourism in Croatia
with a special focus on tourists from the Far East. The lecture was held at a
graduate level under the Global Hospitality Leadership: Asia Community
course.
The visit was realized within academic mobility of the University of Zagreb,
according to strategic partners for 2018.
She also had the opportunity to make agreement on the continuation of
cooperation with scientists at the Conrad N. Hilton College of Hotel & Restaurant
Management and take part in a five-day entrepreneurship program
called the Restaurant Entrepreneurship Certificate Program organized by the
College, the Republic of Korea's Consulate in Houston and the Korea Foundation.
The program's objectives were to understand the trends in the
global restaurant industry, build knowledge on the development and business
of restaurants in the US and to develop competencies in the global
marketplace.
The International Office organized on October 30 and November 23, 2018
meetings with the students-on-exchange in the winter semester
2018/2019.
In this semester at the Faculty of Economics & Business are resident 145
students-on-exchange from 24 countries. Most of them are Erasmus + students,
mostly from France, Spain, Portugal and Germany, and then students
on bilateral exchanges from countries such as Taiwan, South Korea,
Mexico and Canada.
The aim of the meeting was to inform students on important details regarding
the assessment system and their study at FEB.

From October 23 to 25, 2018, Erasmus+ seminar took place in Split, with
the topic Connecting Higher Education Institutions and Business Comunity:
Increasing the Quality of Erasmus + Traineeships. The seminar was organized
by the Agency for Mobility and EU Programmes (AMPEU) in cooperation
with the Austrian, Romanian and Slovenian National Agency for the Implementation
of the Erasmus + Program.
The seminar was intended for employees of the International Cooperation
Office responsible for the organization of professional practice, career advisors,
study leaders, vice-deans for international cooperation or other
staff responsible for co-operation of the universities with economy.
The opportunity to attend the seminar got the Head of the Counselling and
Career Development Office at the Faculty of Economics and Business of the
University of Zagreb, and thus had the chance to be part of a group of seventy
participants from more than 20 European countries. The purpose of
this seminar was to connect higher education institutions with the business
community and increase the quality of Erasmus + professional practice.
During the 3 days of the seminar, the participants had the opportunity to
hear examples of good practice in order to improve the quality of professional
practice, finding partner companies, motivating students and mentors
and some of the challenges we all have. Through lectures, workshops
and group work, there was the possibility to connect with colleagues from
other institutions and were discussed the possibilities of cooperation.
Organized by the Counselling and Career Development Office (CCDO), in November, a total
of 8 workshops were held on topics How to write a CV, How to prepare for a job interview, The
importance of opening LinkedIn profile and Writing a motivation letter.
The aforementioned workshops were intended for students. As reported, in the last couple
years a higher percentage of students of the last years of the study are applying to these
workshops. The aim of workshops is to prepare them for the challenges that await them after
the studies or at the employment. Upon completion of the workshop, students are enabled
to make inquiry through the email with additional questions, or to report to the Office,
where individual counseling can be continued.

The Counselling and Career Development Office (CCDO) on November 26, 2018, organized a workshop
called The Stew - Google Classroom essay and quiz knowledge checking. The workshop was led by
Mr. Robert Pavičić from the IT Center, and was focused on Google Classroom essay questions, a quiz
of knowledge assessment, and evaluation and automated debugging.
The workshops will be held throughout the academic year.
UPCOMING WORKSHOPS
Workshops for students
On December 4 and 18, 2018, at 10 am in the Counselling and Career Development Office, a workshop How to prepare for a job interview will be held.
December 5 and 19 2018 at 10 am in the premises of Counselling and Career Development Office, there will be a workshop on the Importance of opening
LinkedIn profile.
On December 6 and 20 2018 at 10 am in the office of the Counselling and Career Development Office, a workshop Writing Motivation Letter will be held.
December 6, 2018, from 12 pm to 2pm in Hall 51 workshop The Emotional Intelligence will be held. The workshop is intended for students, and it will talk
about the importance of knowing emotional intelligence for successful communication. Workshop leader: Mr. Saša Borovnjak, Life Potential Association.
On December 11, 2018, from 10 to 12:30 am in the premises of Counselling and Career Development Office, a workshop Meet the desired career path
through EDUCATOR ID will be held. Through an interactive workshop, students will gain an insight into the Educator ID elements through the exercise,
which will help them to get better knowledge of themselves and to recognize what are the key factors that are important to know when choosing a career
path. They will also be able to find out how to discover their talents and why it is important to focus on your potential. The workshop will be run by trainers
from Edukator Kreator Enterprise, who are at the same time alumni of the Faculty of Economics & Business - Zagreb.
Workshop for teaching staff
Workshop the Stress Management Cafe will take place on December 17, 2018, from 12pm to 2pm in Hall 51. At the workshop participants will go through
the creative ways of wearing with stress. Also through a joint discussion will be raised awareness of which situations cause stress and how to overcome it. The
workshop will be led by trainers from the Life Potential Association.

Organized by the student association Tourism Lab for the second consecutive
year, the case study competition Inside Tourism was held.
teamwork, to face the challenges of the business world and gain valuable
experience.
The contest gathered more than 100 pupils of the fourth grade of 11 secondary
schools of economic, tourist or hospitality orientation from several
Croatian counties, who in the teams of 2 to 4 people solved real business
cases from the field of tourism. This year's cases were prepared by enterprises:
Maistra d.d., Jadranka d.o.o., Istra Adventure d.o.o. and Ex-alto
d.o.o.
The closing ceremony of the project was held on November 6, 2018 at the
Faculty of Economics & Business, where the winners were awarded prizes
in money by companies for respective cases. By participating in this project,
students have had the opportunity to express their creativity through
Encouraged by the fact that more and more family farms (OPGs) in the Republic
of Croatia disappear, the student association Economics Clinic decided
this year to educate family farmers and provide them with basic
knowledge of economics and economics.
Through its free educational program, the Academy for OPG seeks to encourage
people of all ages to develop and implement their own ideas in the
field of agriculture. The program started on November 22, 2018 with lecture
on EU funds, and until December 20, lectures will be held on topics of
profitable culture, insurance, marketing and web site basics, as well as
workshops on financial instruments and accounting.
The interest for this project is increasing from year to year. This year there
were more than 200 registrations, and the total number of participants exceeded
600. The OPG Academy is an ideal opportunity to get acquainted
with new business partners and associates, and many attendees stressed
that they had met exactly many associates at the Academy for expanding
their business.

The Tourism Lab Association participated in the MEKST conference, which
was held in Novi Sad from November 23 to 25, 2018.
MEKST, i.e. the International Conference of Tourism and Hotel Students, is
held for five consecutive years, giving all participants the opportunity to
acquire new knowledge from international experts in the field of tourism,
hotel and marketing for young leaders and for those who wish to become.
It places great emphasis on sharing experiences, connecting and socializing,
which are also the main motives for launching a conference.
The main topics of this year's conference were the application of digital
marketing in tourism, new trends in hotel industry and tourism of the future.
The conference was attended by students from almost 15 countries,
and besides interesting lectures, members of the Association had the opportunity
to visit ethno-village Tower of Vrdnik and relax with a rich entertainment
program.
Award ceremony for the best sportspeople and collectives in the past academic
year 2017/2018 was held on November 5, 2018 in the hall of the Rectorate
of the University of Zagreb.
Students of the Faculty of Economics have been successful in sporting
achievements for years. The best sportswoman for the last academic year
was Dora Lukic, a student of the Faculty of Economics & Business, while in
the overall ranking of our sportswomen won the second place.
The Faculty of Economics & Business has also received a special award for
its outstanding contribution to the development of university sports in the
academic year 2017/2018. The award was taken over by Assistant Professor
Božidar Jaković, PhD, Vice-Dean for Students and Teaching.