Railway Economy and Commercial Business

General information

All student activities are scored according to the European Credit Transfer and Accumulation System (ECTS). Each year carries 60 ECTS credits. The basic applied studies last for three years (six semesters) and carry 180 ECTS credits. The studies are realized in the form of class-based teaching (face-to-face) in the Serbian language. The study program is realized within the field of Social Sciences and Humanities. The subfield is Economics.


After completing basic applied studies, a student acquires the title of Bachelor of Business Administration (BBA). According to the National Framework of Qualifications of the Republic of Serbia (NFQS), the completion of basic applied studies leads to the sixth level; sub-level one (level 6.1). The requirement for acquiring this level is previously achieved level 4 of NFQS, and passed general, professional, or artistic graduation.

Teaching and exams

Classes are held in a one-semester subject pattern. Student activities during the semester (pre-examination obligations), such as colloquiums, seminar papers, tests, and other activities are scored. The proportion of the number of points obtained in the pre-examination obligations and on the exam is determined for each subject individually, whereby the pre-examination obligations participate with at least 30 and up to 50 points. The final exams are taken at the School in the appropriate exam terms, which are: January, April, June, September, and October. By fulfilling the pre-examination obligations and taking the exam, the student can achieve a maximum of 100 points, whereby a score of at least 51 points for a grade of 6, a score of 61 points for a grade of 7, a score of at least 71 points for a grade of 8, a score of at least 81 points for a grade of 9, and a score of at least 91 points for a grade of 10.

Goals and outcomes

The goals of Railway Economy and Commercial Business study program are to enable students to apply the knowledge and skills needed to be included in the work process in the field of economic and commercial affairs on the railway. The study program is designed in accordance with the Law on Higher Education and the Bologna Declaration, whose course programs are focused in the first year on acquiring general education knowledge, and in the second and third year on acquiring professional and professional-applied knowledge for the application of railway economy.

Study program of basic applied studies Railway Economy and Commercial Businesss hould enable professional economists to master the necessary knowledge in order to professionally deal with the business of commercial business of the railway.

The aim of the program content in the study program of basic applied studies of Railway Economy and Commercial Business is to train students for professional business of railway business, which requires appropriate knowledge in the organization of passenger and goods transport, railway exploitation and other disciplines related to this specific occupation.

The outcome of the learning process is that students master this study program acquire:

  • ability to analyze, synthesize and predict solutions and consequences;
  • mastering the procedures and methods required for the commercial operation of the railway;
  • development of critical and self-critical thinking;
  • development of communication skills and ability to work in a team on the commercial business of the railway;
  • ability to collect data and statistical processing of railway commercial operations.

Basic applied studies Railway Economy and Commercial Business enable the acquisition of the following knowledge and competencies from:

  • basis of traffic and transport;
  • passenger and goods transport organization;
  • passenger station technologies;
  • work station technologies;
  • railway exploitation with an emphasis on the use of passenger and freight cars;
  • modern technologies of goods transport and transport logistics;
  • railway management and marketing;
  • railway tariffs;
  • forwarding and customs;
  • electronic business;
  • business economics and finance of railways and other companies;
  • business ethics and business communications of railways and other companies.

Continuation of studies

After completing basic applied studies, a student can enroll in specialist applied studies or master applied studies within higher education institutions in applied studies. Master applied studies of Transport Economy and Commercial Business is organized within the Railway School of Applied Studies

Curriculum accredited in 2017.
Course code Course Статус ECTS credits
First year
1st semester
117060 Fundamentals of Traffic and Transportation compulsory 5
117062 Fundamentals of Statistics elective 5
117064 Business Economy 1 compulsory 7
117070 Applied Mathematics for Economists compulsory 6
117076 Computer Science and Informatics compulsory 7
117081 Sociology of Work elective 5
2nd semester
117013 Ecology elective 5
117025 Business English 1 compulsory 5
117045 Transport Management compulsory 6
117065 Business Economy 2 compulsory 7
117068 Business Finances compulsory 7
117091 Transport Characteristics of Goods elective 5
Total ECTS credits per year 60
Second year
3rd semester
117017 The Exploitation of the Railways 1 compulsory 6
117026 Business English 2 compulsory 5
117032 Railway Tariffs 1 compulsory 5
117054 Railway Freight Transport Organisation and Planning 1 compulsory 7
117067 Business Ethics elective 4
117069 Business Finances of Railway Enterprises compulsory 7
117079 Traffic and Transportation Law elective 4
4th semester
117018 The Exploitation of the Railways 2 compulsory 6
117035 Industrial Transport elective 5
117042 Transportation Marketing compulsory 5
117053 Railway Passenger Transport Organisation and Planning compulsory 5
117055 Railway Freight Transport Organisation and Planning 2 compulsory 5
117092 Transport Accounting elective 5
Total ECTS credits per year 60
Third year
5th semester
117052 Transport of dangerous Goods elective 5
117093 Marketing Communications elective 5
117014 Rail Sector Economics compulsory 5
117046 Sales Management compulsory 5
117078 Innovative Freight Transport Technologies compulsory 6
117102 Excursion/Workshops in Real Railway Sector compulsory 5
6th semester
117002* Databases elective 5
117041 Railway Marketing elective 5
117033 Railway Tariffs 2 compulsory 7
117090 Transport Logistics compulsory 7
117096 Shipping and Customs Formalities compulsory 5
117107 Student Internship compulsory 3
117112 Bachelor Final Thesis compulsory 7
Total ECTS credits per year 60