Combined study

4 years

prof. Ing. et Ing. Stanislav Škapa, Ph.D.

Chairman :
prof. Ing. et Ing. Stanislav Škapa, Ph.D.
Councillor internal :
prof. Ing. Vojtěch Koráb, Dr., MBA
doc. Ing. Vojtěch Bartoš, Ph.D.
prof. Ing. Alena Kocmanová, Ph.D.
prof. Ing. Mária Režňáková, CSc.
doc. PhDr. Iveta Šimberová, Ph.D.
doc. Ing. Miloš Koch, CSc.
Councillor external :
doc. Ing. Petr Pirožek, Ph.D.
prof. Ing. Jiří Kraft, CSc.
doc. Ing. Zuzana Dohnalová, Ph.D.

The Company Management and Economics doctoral programme aims to educate experts highly qualified for research in the field of company management, for teaching and doing research at universities, and work in international organizations, domestic and global companies.
Emphasis is put on acquiring deep and systematic knowledge and understanding of theories and mastering modern methods and procedures applicable to economics as a field of science, next on adopting advanced methods for research in economics, company management, and on developing expertise in econometrics.
Students concentrate on their own research, finding solutions to research problems focusing on comprehensiveness and theoretical background of the solutions found. An integral part of students' activities is publishing the research results, their interpretation and subsequent presentation taking different forms (presentation at research forums, at scientific conferences, writing paper, conceiving and presenting research projects, etc.), but above all, writing and defending a dissertation.

A graduate in Company Management and Economics has acquired highly specialized, systematic knowledge of theories, concepts, and methods in the field of company management and economics, which is among the best on an international scale, thus enhancing the engineering expertise and skills, as well as deep and systematic knowledge and understanding of advanced mathematical and statistical methods of quantitative and qualitative data analysis including deep and systematic knowledge of the methods and procedures of scientific work.
Graduates will find jobs of highly qualified experts in research organisations as heads of research and development teams and can also teach and do research at universities, in international organizations, at domestic and global companies.

The study requirements for students of the Company Management and Economics programme can be found in individual curricula.
The key required subject is the Methodology of Science and Research Work in Economics and Management, which is offered in cooperation with the Academy of Sciences of the Czech Republic. The programme's main objective is to teach the students how to do research, to improve their knowledge and practical skills needed for scientific work, as well as to teach them how to write a good dissertation.
The first year also includes the Economics III course aiming to improve the use of analytic tools needed in micro-economy, particularly concerning the analysis of the supply part of market mechanism with special emphasis on mathematical models, acquainting the students also with alternative approaches to demand and supply forming. In the macro-economy part, emphasis will be laid on the theory of exogenic an endogenic economic growth and the theory of state policy, improving the students' capabilities to apply the acquired knowledge in the context of company management. The second year includes the required Academic Writing course to develop the students' communication skills needed to describe their research and general academic genres while improving their stylistic skills typical of academic writings.
In the second year, students are required to choose one of the below listed courses to augment their expertise and skills needed for writing a quality dissertation.
• Theory of Management;
• Sustainability and Circular Economics;
• Information Management;
• Marketing Theory;
• Business Management Theory;
• Theory and Practice of Financial Management;
• Methods of Economic Management of Enterprises;
The required courses and the one optional chosen are then completed by an exam.
Since an individual curriculum must include research activities based on the dissertation focus, starting in the first year, the following research outcomes are required (Research outcomes I-IV):
• In the first year a student must have at least one publication (a contribution to a domestic/international conference proceedings or paper published in a reviewed journal) corresponding to the dissertation focus, having the structure of a research paper with a co-authorship of at least 80%. The student will receive a credit for the fulfilment of this condition from his or her supervisor.
• At least one publication is required in the second year, too, (paper in a Jimp or JSC type journal or a contribution to Defendant-type conference) with a co-authorship of at least 80%. The student will receive a credit for the fulfilment of this condition from his or her supervisor.
• At least one publication is required in the third year (research paper in a Jimp or JSC type journal) corresponding to the dissertation topic with a co-authorship of at least 80%. The student will receive a credit for the fulfilment of this condition from his or her supervisor.
• In the fourth year, too, a doctoral student is expected to publish at least one research paper in a Jimp type journal related to the dissertation focus written by the doctoral student alone, or several papers with a co-authorship totalling 100%. The student will receive a credit for the fulfilment of this condition from his or her supervisor.
The required research outputs as defined above strongly support the internationalization element since the fulfilment of the publishing requirements (particularly in the third and fourth years) is only possible if the papers published are written in English.
Because of the strong accent of the doctoral study on research with outcomes reflected in the dissertation, required is also a presentation of the dissertation research focus to help assess the setting of the dissertation objective, the progress of work on the topic chosen, the expected research contribution of dissertation as well as the research methodology. The student will receive a credit for the fulfilment of this requirement from his or her supervisor.
In order to improve the quality of dissertations, doctoral students must present a "small defence of dissertation" at the supervising department. This defence should help assess the dissertation scientific contribution, the research methodology, and the fulfilment of the main and partial goals of the dissertation. The student will receive a credit for a successful presentation from his or her supervisor.
An integral part of each individual curriculum is the obligation to complete a Foreign Internship - Study Stay in the third or fourth year abroad at a university or research organisation whose research focus is the same as or related to the one of the dissertation. The stay should contribute to the development of the student's expertise and skills in the given problem area, help him or her establish international contacts, broaden his or her experience and provide him or her with opportunities to engage more closely in the scientific community dealing with problems related to the dissertation focus. The length of the stay is one semester. The student will receive a credit for a completed stay from his or her supervisor.
In students of the combined study mode, the stay abroad may take the form of on-the-job stay at a company or institution working on problems related to the dissertation focus.
The student will receive a credit for a completed stay from his or her supervisor.
As an important part, an individual curriculum for a full-time doctoral student will include teaching practice needed to enhance the presentation skills. As a rule, this teaching practice in the first four semesters includes 4 lessons a week on average. For students in the combined study mode, such practice is replaced by their publishing activities with at least one publication (a paper in a type Jimp journal or a contribution to a type D conference proceedings with a co-authorship of 100 % or several publications with the co-authorships totalling 100%. The student will receive a credit for the fulfilment of this requirement from his or her supervisor.
Doctoral students of the combined study mode are not required to appear at the supervising department on a regular basis, however, they have to attend the courses offered, consultations, and other events related to the individual curriculum following instructions by the supervisor.

The Company Management and Economics doctoral programme is offered on the basis of individual curricula set up by supervisors in cooperation with the students. An individual curriculum covers four academic years providing the student with the expertise and skills needed for doing research. A draft of each individual curriculum must be debated and approved by the Doctoral Committee. When conceiving a doctoral study, emphasis is laid upon:
• curriculum / study;
• independent scientific and research activities related to the dissertation focus;
• internationalization supported by stay abroad;
• teaching practice;
The key part of an individual curriculum is the division of the study and completion of the required theoretical and optional courses. The first year includes two required courses:
• Methodology of Science and Research Work in Economics and Management (prof. Ing. Vojtěch Koráb, Dr., MBA)
• Economics III (doc. Ing. et Ing. Stanislav Škapa, Ph.D. person in charge and teacher 60%, doc. Ing. Zinecker Marek, Ph.D., teacher 40%,)
One required specialised course is taught in the second year:
• Academic Writing (doc. PhDr. Milena Krhutova, Ph.D.)
Next, students may choose one required optional course that enhances the expertise and skills necessary for writing a good dissertation. These are the below courses:
• Theory of Management (doc. RNDr. Anna Putnová, Ph.D., MBA);
• Sustainability and Circular Economics (prof. Ing. Alena Kocmanová, Ph.D.);
• Information Management (doc. Ing. Miloš Koch, CSc.);
• Marketing Theory (doc. Ing. Vladimír Chalupský, CSc., MBA, person responsible and teacher 50%, doc. Ing. Vít Chlebovský, Ph.D. teacher 50%);
• Business Management Theory (doc. PhDr. Iveta Šimberová, Ph.D.);
• Theory and Practice of Financial Management (prof. Ing. Mária Režňáková, CSc.);
• Methods of Economic Management of Enterprises (doc. Ing. Tomáš Meluzín, Ph.D.);
Each required theoretical or optional course is completed by an exam.
Since an individual curriculum must include research activities based on the dissertation focus, starting in the first year, research outcomes are required.
Because of the strong accent of the doctoral study on research with outcomes reflected in the dissertation, required is also a presentation of the dissertation research plan to help assess the setting of the dissertation objective, the progress of work on the topic chosen, the expected research contribution of dissertation as well as the research methodology.
In order to improve the quality of dissertations, doctoral students must present a "small defence of dissertation" at the supervising department. This defence should help assess the dissertation scientific contribution, the research methodology, and the fulfilment of the main and partial goals of the dissertation.
An integral part of each individual curriculum is the obligation to complete a Foreign Internship - Study Stay in the third or fourth year abroad at a university or research organisation whose research focus is the same as or related to the one of the dissertation. The stay should contribute to the development of the student's expertise and skills in the given problem area help him or her establish international contacts, broaden his or her experience and provide him or her with opportunities to engage more closely in the scientific community dealing with problems related to the dissertation focus. The length of the stay is one semester.
In the combined study mode, the stay may take the form of an on-the-job stay at a company or institution with a student working on problems related to the dissertation focus. Students staying abroad must also prove their language skills. The student will receive a credit for a completed stay from his or her supervisor.
As an important part, an individual curriculum for a full-time doctoral student will include teaching practice needed to enhance the presentation skills. As a rule, this practice in the first four semesters includes 4 lessons a week on average. For students in the combined study mode, such practice is replaced by their publishing activities.
Next, an individual curriculum includes other, no less important, activities improving a student's research profile. These are in particular applications for grants (such as Junior Projects as part of Specific Research), participation in domestic and international conferences.
The structure and content of a doctoral student's curriculum are part of the BUT Apollo information system.

The Company Management and Economics doctoral programme is intended for graduates in economic Master's programmes.

2. round (applications submitted from 15.06.2020 to 21.08.2020)

1. A model of value creation in strategic cost management with a focus on support processes

   The primary objective is to expand research into strategic value-based cost management by developing model of value creation by including support processes, thereby increasing value creation, and to determine the cost of these processes and increase resource efficiency. The methodology is based on literature review the purpose of which is to examine value in strategic cost management, both in primary processes and, especially, in support processes, and on structured interviews and internal documents using content analysis and analytical procedures. The output is a design of a model including its verification in a selected company.

   Tutor: Kocmanová Alena, prof. Ing., Ph.D.

2. Application of modern mathematical procedures to analyze and manage a selected dynamic economic system with a delay

   Application of a new global method of construction of marginal problems for systems of ordinary differential equations with delayed arguments on selected economical dynamic model, analysis of model behavior in dependence on changes of input data, optimization of control

   Tutor: Půža Bedřich, doc. RNDr., CSc.

3. Business valuation in selected business branch

   Approaches to firms’ valuation based on estimation of future cash flows are very sensitive to parameters specific to firms' business branch. Aim of the thesis is to identify the specifics of the chosen branch and incorporate them, as parameters, into the valuation models.

   Tutor: Režňáková Mária, prof. Ing., CSc.

4. Business valuation of start-ups

   Estimation of uture developments and expected cash flows for start-ups is challenging. Aim of the thesis is to examine existing approaches to start-up valuation and propose new suitable modifications.

   Tutor: Režňáková Mária, prof. Ing., CSc.

5. Determination of the key success factors for CI and how they are assessed using Tovek Application Tools

   The aim of this dissertation thesis will be determination of key success factors of CI as a modern tool of the strategic decision-making process in enterprises. The research will be conducted mainly on czeck companies. The acquired results will be subject of critical analysis on its plausibility on specific market in Czech Republic.

   Tutor: Bartes František, doc. Ing., CSc.

6. Dynamic biometric authentication methods in small and medium enterprises

   Employee authentication when accessing assets (accessing buildings, logging in to IS, signing documents) is an important part of enterprise security. The topic covers legal, organizational, technological and economic aspects, as the use of biometric methods hides many possibilities and limitations.

   Tutor: Smejkal Vladimír, prof. Ing., CSc.

7. Impact of tax policy on behavior of the enterprise

   The aim of thesis is to investigate the possible impact of tax policy on decision making of the enterprise on entry and stay in the shadow economy. Alongside the use of publically available secondary data is expected the use of primary data from surveys to be completed by enterprises in the chosen sector.

   Tutor: Lajtkepová Eva, doc. Ing., Ph.D.

8. Influence of microeconomic policy of the state to conduct companies

   The theme is focused on a critical analysis of the microeconomic tools and measures of state policy in relation to companies (market players), and firms respond to these measures. Specifically, it will be a solution to price regulation, the problems of externalities, public goods, or problems arising from asymmetric information.

   Tutor: Škapa Stanislav, prof. Ing. et Ing., Ph.D.

9. Innovation as a base for Industry 4.0

   Analysis of selected industrial enterprises, their innovation activities and design of the company management model for P 4.0.

   Tutor: Putnová Anna, doc. RNDr., Ph.D., MBA

10. Intelligence driven strategy of firm

    The goal is to design an intelligence-driven model of business strategy, to ensure that a higher level of competitiveness.

    Tutor: Bartes František, doc. Ing., CSc.

11. IPO as a tool of capital market development

    The research formulates measures to support the IPO market in the Czech capital market and propose solutions to increase the interest of companies in equity financing.

    Tutor: Meluzín Tomáš, prof. Ing., Ph.D.

12. Methodological tool for the assessment of socially responsible investing for decision-making of investors

    The main aim is to design a methodological tool for a comprehensive assessment of socially responsible investing (SRI) for the decision-making of individual investors. The sub aims include an analysis of responsible investments in selected sectors (in the Czech Republic, the EU or the world), the selection of key factors that influence investment decisions of responsible investors, a proposal of a methodological tool, a comprehensive assessment of selected investment options for individual investors’ decisions.

    Tutor: Kocmanová Alena, prof. Ing., Ph.D.

13. Methodology of company information systems integration

    The aim of the thesis is to create a methodology for finding the need and areas of integration of information systems of the company in order to increase the efficiency and effectiveness of the solution.

    Tutor: Koch Miloš, doc. Ing., CSc.

14. Methodology of removing security weaknesses in the area of use and information systems in company processes.

    The aim of this work is to create a methodology that will remove or reduce security risks in the use of information systems in business processes, aimed at improving the current situation

    Tutor: Koch Miloš, doc. Ing., CSc.

15. Modelling and Project Portfolio Management

    The research will focus on the analysis of existing approaches of project portfolio management in order to propose a new model respecting the requirements of the current multi project environment.

    Tutor: Doskočil Radek, doc. Ing., Ph.D., MSc

16. Performance of family firms and factors of their development

    Aim of the thesis is to identify and analyse factors of performance of family firms.

    Tutor: Režňáková Mária, prof. Ing., CSc.

17. The Assessment System of the Company's Economic Indicators and their Information Support

    Nowadays information technology assists in all spheres of functioning society. The ability of availability to have the right information at the right time influences the possibility of prompt and proper decision-making process leading to the "success" of the company. The aim of the dissertation thesis is an identification of the system which evaluates relevant economic indicators of companies, analysis, assessment of information support and proposal of the most suitable system of information support.

    Tutor: Bartoš Vojtěch, doc. Ing., Ph.D.

18. The creation of values in circular economy

    Recently, there has been much debate on product disposal. The aim of the project is to analyze sustainability-related processes in the mobile phone sector from the perspective of circular economy and related strategies within the circular process. Value creation will be derived using the transaction cost theory (TCT) and make-or-buy analysis. The combination of TCT and the CE concept is a new research approach that allows for an empirical analysis of the relationships between the main actors (e.g. manufacturers) and newly established operators within circular economy (e.g. repair and recycling companies).

    Tutor: Kocmanová Alena, prof. Ing., Ph.D.

19. The Role of Knowledge Management in the Era of Digital Transformation

    The research will focus on the role of knowledge management in the era of digital transformation from both the technical and human perspectives and on the design of knowledge management model respecting this transformative move to digitalisation.

    Tutor: Doskočil Radek, doc. Ing., Ph.D., MSc

20. The Use of Artificial Intelligence as a Support for Decision Making Processes in Enterprise Control

    The use of artificial inteligence and its applications as a support for decision making processes in enterprise controls to increase the quality and speed of decision.

    Tutor: Dostál Petr, prof. Ing., CSc.

21. The use of intelligence analysis to enhance business competitiveness

    Proper use of intelligence analysis increases the added value of processed information. This creates a better basis for the creation of corporate strategy

    Tutor: Bartes František, doc. Ing., CSc.

22. Tools and methods of pricing in imperfectly competitive market

    The theme focuses on the critical analysis tools and pricing strategies of firms in the pricing on imperfectly competitive market, including price discrimination

    Tutor: Škapa Stanislav, prof. Ing. et Ing., Ph.D.

1. round (applications submitted from 01.01.2020 to 04.05.2020)

1. Business valuation in selected business branch

   Approaches to firms’ valuation based on estimation of future cash flows are very sensitive to parameters specific to firms' business branch. Aim of the thesis is to identify the specifics of the chosen branch and incorporate them, as parameters, into the valuation models.

   Tutor: Režňáková Mária, prof. Ing., CSc.

2. Contemporary evolution of stock markets and their importance in the economic management of trading companies

   The dissertation will deal with the current development of the stock markets focusing on the impacts that the current trends in the exchange trading bring to the individual companies

   Tutor: Rejnuš Oldřich, prof. Ing., CSc.

3. Customer Experience / User Experience Concepts and their application

   Customer Experience and User Experience concepts are currently among key factors of market competitiveness and good business results of the companies, primarily those that are active on B2C markets. Important is also relation to digitization and application of digital forms of communication.

   Tutor: Chlebovský Vít, doc. Ing., Ph.D.

4. Economical optimization of IS / IT security procedures selection

   The aim of this thesis is to propose methodologies for selecting effective tools in ensuring IS / IT security, ie to contribute to the solution of the constant cost / benefit gap in building secure IS in small and medium enterprises.

   Tutor: Smejkal Vladimír, prof. Ing., CSc.

5. Effect of state aid on the competitiveness of the company

   The aim of the research project is to design and apply a methodology for measuring the impact of state aid on the competitiveness of a company.

   Tutor: Meluzín Tomáš, prof. Ing., Ph.D.

6. Evaluation of the Business Models from the Perspective of Entrances to the International Market

   Profesional sources point out that the research is looking for new ways of organizing business, especially in the context of changing transactions in creating business models from the point of view of internationalization of enterprises.The aim of this work is to create a methodology for the evaluation of business models from the perspective of the entry of companies into the foreign market.

   Tutor: Šimberová Iveta, doc. PhDr., Ph.D.

7. IPO as a tool of capital market development

   The research formulates measures to support the IPO market in the Czech capital market and propose solutions to increase the interest of companies in equity financing.

   Tutor: Meluzín Tomáš, prof. Ing., Ph.D.

8. IPOs in Central and Eastern Europe and Interconnections to Main European Markets

   The main goal of the project is to identify local external IPO determinants focusing on a comparison between CEE emerging and Western European well-developed markets after 2004.

   Tutor: Meluzín Tomáš, prof. Ing., Ph.D.

9. KPIs - Performance Measurement and Management Tool

   The research focuses on analysis of actual data processing and key performance indicators (KPIs) definition in businesses. The aim is to propose new way of KPIS definition, data design and visualization to testify about meeting strategic goals.

   Tutor: Žižlavský Ondřej, doc. Ing., Ph.D.

10. Management Control Systems in Industry 4.0

    The research focuses on digital age, respectively Industry 4.0 and its impact on management control systems, related essential changes as well as new possibilities of automatization and robotization in management control systems.

    Tutor: Žižlavský Ondřej, doc. Ing., Ph.D.

11. Management Control Systems in Innovation

    The substance of the research is to analyse management control systems utilization within innovation activities, design and verify metrics for particular stages of management control system called Innovation Scorecard.

    Tutor: Žižlavský Ondřej, doc. Ing., Ph.D.

12. Methodology of effective implementation of information system

    The aim of this work is to find a suitable methodology for effective implementation of the information system, with the aim of increasing the efficiency of the solution and eliminating known risks.

    Tutor: Koch Miloš, doc. Ing., CSc.

13. Possibilities of development of independent traditional trade in the Czech Republic

    The current figures for the development of Czech trade in recent years confirm the permanently unfavorable trend of the disappearance of the smallest, especially rural, shops. In both foreign and domestic literature, research has emerged in the field of alternative opportunities for traditional independent trade.The aim of the thesis is to map the possibilities and identify key factors of the development of traditional independent trade in the Czech Republic.

    Tutor: Šimberová Iveta, doc. PhDr., Ph.D.

14. Small Business Dynamism

    The research will examine the business practices of small companies in relation to the dynamics of the external environment. The results of the research verify that the dynamics of the business environment affects the relationship between the organizational structure and strategic behavior of the company.

    Tutor: Koráb Vojtěch, prof. Ing., Dr., MBA

15. Specifics of marketing strategies of technological startups

    Research on the impact of current trends in the business environment on marketing strategies and tools used in start-ups. The research will be mainly processed in qualitative form. Based on the research, proposals and recommendations will be prepared for businesses, how to proceed in this area and what tools and how to use them.

    Tutor: Chlebovský Vít, doc. Ing., Ph.D.

16. The impact of ECB's macroeconomic policy on stocks of Eurozone's companies.

    The dissertation will examine the impact of the current ECB's macroeconomic policy on stocks of Eurozone's companies with regard to the consequences that this will cause in the future in the financing of the business sphere.

    Tutor: Rejnuš Oldřich, prof. Ing., CSc.

17. The impact of the digital single market strategy on business, ecosystems of cities and regions

    Digitization is a general phenomenon that affects society as a whole - not just businesses, but even universities and other academic institutions. The Internet and digital technology are changing the world. It is a trend that brings enormous opportunities, but also the barriers that exist in the digital market, causing entities, institutions and citizens to have limited access to goods and services. It is therefore necessary to prepare whole ecosystems for the digital age. Digitization at universities has several implications - in teaching, research and administration. The aim of the work is to identify challenges and barriers to the digital transformation of ecosystems.

    Tutor: Šimberová Iveta, doc. PhDr., Ph.D.

18. The Improvement of Business Performance in the Industrial Sector 4.0

    Most of business performance measurement systems focus on improvement of existing business processes. Recently introduced controlled robotic systems help to reduce production time while maintaining quality and focusing on costs reduction. The aim of the dissertation thesis is not only to identify systems evaluating new business performance indicators, but also interrelations in the management of the company during the industrial period 4.0.

    Tutor: Bartoš Vojtěch, doc. Ing., Ph.D.

19. The Role of Public Policy in Fostering Entrepreneurial Ecosystems while Promoting New Technology Ventures

    The phenomenon “entrepreneurial ecosystem” attracts a lot of attention from both public policy and industry in fostering new technology ventures. The aim of the thesis is to study the elements of entrepreneurial ecosystem and its economic, technological and social impacts. How the public policy in terms of "ecosystem" should be designed to promote entrepreneurial activities in technological industries?

    Tutor: Zinecker Marek, prof. Ing., Ph.D.