Master in Economy and Management in Sustainable Innovative Industry
Course Description
The Faculty of Management and Business at the University of Prešov is pleased to offer an academically rigorous and forward-looking Master’s degree programme: Economy and Management in Sustainable Innovative Industry. Delivered entirely in English, the programme is designed to equip students with the comprehensive knowledge and practical competences required to navigate and lead the transition toward sustainability and innovation in modern industrial and business environments.
This interdisciplinary study programme responds to the growing global demand for professionals capable of integrating economic, environmental, and technological aspects into strategic decision-making. Graduates will be prepared to address complex sustainability challenges—such as climate change, decarbonisation, and circular transformation—through applied economic analysis, innovative business models, and strategic project planning.
Curriculum
The curriculum is structured across four semesters and includes both theoretical foundations and applied learning experiences. Students are required to obtain 120 ECTS credits, of which the majority are derived from core (compulsory) courses, supplemented by elective modules and professional practice.
Profile Courses:
- Circular Economy and Sustainable Business Models
- Sustainable Finance and Financial Innovation
- Sustainable Development Strategies
- Integrated Management Systems
- Managerial Economy
In addition to coursework, students will complete a professional internship with one of our institutional or industry partners, and a Master’s thesis, focused on applied research or project-based analysis within the programme’s thematic scope.
Program Outcome
Degree: Engineer
The second-level programme in Economy and Management in Sustainable Innovative Industry prepares students to become leaders in the circular economy and sustainable business. Upon graduation, graduates will hold a degree of Engineer (Ing.)
Knowledge
Graduates will demonstrate in-depth understanding of:
- Circular economy principles and sustainable business strategies
- Financial mechanisms and innovations supporting green transformation
- ESG (Environmental, Social, and Governance) integration in corporate and financial planning
- Legal, regulatory, and policy frameworks governing sustainability at national and EU levels
- Strategic planning and quality, environmental, and energy management standards (e.g., ISO 9001, ISO 14001, ISO 50001)
Skills
Graduates will be proficient in:
- Designing sustainable and circular business models
- Applying ESG criteria in business practice, including investment decisions and risk management
- Conducting strategic planning and evaluating sustainability strategies using key performance indicators
- Using modern digital tools (AI, IoT, Big Data) to support sustainability analysis and decision-making
- Managing processes of green energy transition in companies
- Integrating and auditing integrated management systems within industrial or service organisations
Competencies
Graduates will be able to:
- Critically assess the economic and environmental implications of business activities
- Develop long-term strategies promoting circularity, sustainability, and innovation
- Communicate and collaborate effectively across disciplines and sectors
- Lead teams and projects focused on sustainability and green energy transitions
- Engage in policy dialogue and public-private partnerships supporting the green economy
Career Opportunities
Graduates of the programme are well-positioned for employment in a broad range of public and private sector roles requiring advanced interdisciplinary expertise in sustainable development and management. Example career paths include:
- Sustainability and Innovation Project Manager
- Circular Economy or ESG Consultant
- Environmental Policy Specialist in Climate Change
- Financial Analyst for Green Investments
- Strategy and Development Expert in Public Administration
- Quality, Environmental, or Compliance Manager
- Operations or Process Optimization Manager
- Circular and Waste Management Specialist
This qualification corresponds with Level 7 of the Slovak Qualifications Framework and aligns with sector-specific expectations at both national and European levels.
Admissions
Main requirements:
- Bachelor’s degree in a relevant field (Economics, Management, Business, or related)
- Applicants with a degree from a different field must pass a differential test (could be an online test)
- If obtained outside Slovakia or the Czech Republic, diploma recognition (nostrification) is required. Nostrification can be processed at the University of Prešov or another Slovak university offering a related study programme
- English language proficiency → verified by certificate or online interview
How to apply:
Applicants can choose one of the following options:
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Electronic application via MAIS: Fill in the electronic form through the Modular Academic Information System (MAIS), print, sign, and send that by mail to the Faculty address.
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Paper application: Download and fill in the official application form in English (“Application form for Master's study in English”), and send that with all required documents by mail to the Faculty.
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Address: University of Presov, Faculty of Management and Business, Konštantínova 16, 080 01 Prešov, Slovakia
In both cases, the application must be delivered to the Faculty of Management and Business by the given deadline, along with all required documents.
Required documents:
- Completed application form
- Certified copy of the Bachelor’s diploma and state exam certificate
- Recognized Bachelor’s degree in a related field
- Official transcript of records
- Proof of English language competence or an Online interview (language assessment) conducted by the Faculty
- Structured Curriculum Vitae
- Proof of payment of the application fee (30 EUR)
- Power of Attorney (if the applicant will not handle enrolment in person) – Must be notarized and signed
No entrance exam required – admission based on Bachelor's study results
SWIFT: SPSRSKBA
Variable symbol: applicant's birth number (without slashes)
Note for the recipient: name and surname of the applicant
Scholarships
At the University of Prešov, outstanding academic performance is rewarded through a merit-based scholarship system. Up to 10% of full-time Bachelor's and Master's degree students may receive a motivational scholarship every semester, based on previous exceptional academic achievements.
Additionally, students may apply for motivational scholarships for extraordinary achievements in sports, arts, or research. These opportunities aim to support and recognize students who not only excel academically but also contribute to university life through talent and innovation.
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