Available courses

Sustainable Finance, Insurance and Reporting: Principles, Practices and Challenges


University OF Niš announces International Scientific Conference 

Sustainable Finance, Insurance and Reporting: Principles, Practices and Challenges 

May 24th, 2021 Niš, Serbia


We are pleased to invite you to take active part in the international scientific conference Sustainable Finance, Insurance and Reporting: Principles, Practices and Challenges. The conference will bring together academics, business people and policymakers to discuss recent research on a broad array of topics on sustainable finance, insurance and reporting. Both review and research papers should relate to areas, which include, but are not limited to: 

• Sustainable Finance and Corporate Governance,
• Insurance for Inclusive and Sustainable Growth,
• The Future of Corporate Reporting in a Sustainable Economy.


http://sufin.ni.ac.rs/conference/Conference.pdf

Innovation Trends and Sustainability Practices in Insurance Industry

University of Niš announces Roundtable Discussion   

Innovation Trends and Sustainability Practices in Insurance Industry

May 24th, 2021 Niš, Serbia


Dear colleagues,

We are pleased to invite you to take active part in the roundtable discussion, which is organized within the Jean Monnet module Sustainable Finance and Insurance: EU Principles, Practices and Challenges (SUFIN), an Erasmus+ Project of the European Union coordinated by the University of Niš (Ref. No. 611831-EPP-1-2019-1-RS-EPPJMO-MODULE).

This roundtable discussion will bring together academics, business people and policymakers to discuss recent research on a broad array of topics on sustainable insurance and tech trends in insurance industry. Proposed topics include, but are not limited to:

  • Innovative insurance products and how to narrow the protection gap
  • Digital transformation in insurance industry
  • Sustainable insurance - the current trend at EU level

http://apps.eknfak.ni.ac.rs/moodle/pluginfile.php/1060/course/summary/PozivOkrugliSto.pdf

EU history and institutions

The lectures aim is to lay the theoretical foundation for a broad interdisciplinary approach to European integration explaining characteristics and mechanism of the EU functioning with a special emphasis on the EU enlargement process in the future. This course will provide students with the knowledge about the institutional structure and process of decision-making in the EU as well as information on the effects of forming custom union, operating of the EU common market and the introduction of single currency.  
Professor in charge: Prof. Ksenija Dencic-Mihajlov, PhD


Sustainable reporting in the EU: regulatory requirements, implementation and challenges
The lectures will provide students with the importance and benefits of sustainability reporting, the regulation of such a kind of reporting as well as the content and purpose of different sustainability reporting frameworks. The aim of this course is to enhance knowledge and awareness of issues related to sustainability control realization, especially in application and understanding of sustainability performance indicators. 
Professor in charge: Prof. Ksenija Dencic-Mihajlov, PhD and Maja Stojanović-Blab, PhD

European strategy and principles of sustainable finance 

The lectures lay the theoretical foundation in sustainability issues affecting the various sectors of corporate finance, and an understanding of how integrating sustainability principles and practices into finance can be implemented with aim to make financing decisions more efficient and effective, to reduce risks and create business opportunities that provide and maintain competitive advantage, for both companies and financial institutions. The students should enhance knowledge and skills to conduct capital structure analysis, stocks and bonds valuation and understand the interaction between sustainability and financial performance of firms and the importance of socially responsible investing. 

Professor in charge: Prof. Ksenija Dencic-Mihajlov, PhD and Asst. Prof. Jelena Stankovic, PhD


Sustainability and project evaluation

The main objective of this course is to discuss project evaluation in a context where sustainability and accountability are crucial. This lecture will focus on the recent developments in EU polices and methodology for cost benefit analysis and international best practice. The aim is to enhance knowledge on the key elements of project evaluation in sustainability context, such as long-term view, global (and local) perspective, economic development and environmental degradation and stakeholders’ participation. At the end of the course students will be able to develop a model of sustainable analysis to evaluate an investment project of their choice. 

Professor in charge: Prof. Ksenija Dencic-Mihajlov, PhD


Environmental Cost Management

The main objective of this course is to provide students with advanced knowledge and skills related to application of Environmental Management Accounting as an environmental management tool. Students will be introduced to different ways to categorize costs, such as conventional costs, hidden environmental costs, contingent costs, image and relationship costs, explicit and implicit environmental cost, internal and external environmental cost, social environmental costs etc. Upon completing the course students will be able to make decisions in the field of process improvement and innovation, product redesign, capital investments, waste disposal and recycling, supplier selection, etc

Professor in charge: Prof. Dejan Malinic, PhD


Managing Sustainable Growth

The course provides a sound basis for understanding the importance of managing sustainable growth for the firm’s continuous operation. Upon completion of this course students will be able to understand key components of sustainable growth, measure value creation, comprehend when and why growth does not lead to value creation, identify the drivers of value creation and recognise problems related to financing sustainable growth. Moreover, students will develop the skills to build reliable and unbiased forecasts for firm’s future earnings, cash flow and dividends that can be used in model valuation, creating sustainable growth strategy and other strategic decision making. 

Professor in charge: Prof. Dejan Malinic, PhD 


Sustainability Risk Management

The course aims to provide students with an advanced integrated knowledge on the risk management under sustainability platform as well as necessary skills to implement sustainability concept in enterprise risk management frameworks and financial institutions. Upon completion of this course students will be able to identify emerging environmental, social and government risks; evaluate, quantify and prioritize entities’ risk; and select appropriate risk management strategies. The study of the broader concept of risk management, which is based not only on avoiding and risk transfer, but also the use of risk as new opportunities enables the acquisition of knowledge to manage risk in a way that contributes to creating value of entities.

Professor in charge: Prof. Evica Petrovic, PhD; Assoc. Prof. Klime Poposki, PhD and Asst. Prof. Jelena Stankovic, PhD


Principles of sustainable insurance

This course aims to enhance knowledge and awareness among students on importance of the role of insurance in achieving of sustainability of financial system and society as a whole. Upon completion of this course students will understand the importance and benefits of implementation of the principles for sustainable insurance, content of the framework for its implementation as well as experiences of different regulators. The students will enhance the knowledge on the role of EU institutions and policies in creating sustainable insurance industry and perceive the regulatory and institutional issues in different financial systems. 

Professor in charge: Prof. Evica Petrovic, PhD; Assoc. Prof. Klime Poposki, PhD and Asst. Prof. Jelena Stankovic, PhD


Students’ seminar on sustainability issues in finance and insurance

The aim of the seminar is to improve students’ learning and encourage students’ active participation in research and discussions on various issues related to sustainability of finance and insurance. According to their interest, students will choose the topic and prepare presentations with critical overview of the topic and possible solutions for the acknowledged problems. Students are strongly encouraged to work in groups and use multidisciplinary approach in their research.

Professor in charge: Prof. Ksenija Dencic-Mihajlov, PhD; Asst. Prof. Jelena Stankovic, PhD; Prof. Evica Petrovic, PhD and Prof. Dejan Malinic, PhD