On Monday, November 25th 2024, the Faculty of Economics organized a ceremonial reception for the first generation of students who will study their undergraduate studies in English.

Previously, the Faculty of Economics received an extension of its national accreditation in September 2023, which allowed it to enroll students in undergraduate studies that will be taught in English. The reception was organized for 21 students from Bangladesh, Pakistan, Nigeria, Somalia and Esfatinia, while about 40 more students are expected to arrive in the coming weeks.

The students will attend classes according to the same study program as domestic students. All classes are taught by teachers and associates of the Faculty of Economics.

WINTER SEMESTER

• The reception for first-year undergraduate students will be held on October 14^th, 2024, at 10:00 AM.
• Lectures for the first-year students start on October 14^th, 2024, and end on January 31^st, 2025.
• There are no designated weeks for midterm exams (tests) in English language lectures. Midterm exam (test) dates are arranged between the professors and the students.
• There will be no lectures or exam activities on December 16^th, 2024. December 16^th is Faculty Day.

SUMMER SEMESTER

• Lectures for the first-year students start on March 3^rd, 2025, and end on June 13^th, 2025.
• There are no designated weeks for midterm exams (tests) in English language lectures. Midterm exam (test) dates are arranged between the professors and the students.

EXAM PERIODS

• January exam period: February 3^rd, 2025 – February 14^th, 2025.
• February exam period: February 18^th, 2025 – March 2^nd, 2025.
• April exam period: April 8^th, 2025 – April 30^th, 2025.
• June exam period: June 16^th, 2025 – June 27^th, 2025.
• July exam period: June 30^th, 2025 – July 11^th, 2025.
• August exam period: August 18^th, 2025 – September 2^nd, 2025.
• September exam period: September 5^th, 2025 – September 19^th, 2025.
• October exam period: September 24^th, 2025 – October 4^th, 2025.

PUBLIC HOLIDAYS AND FACULTY BREAKS

• Armistice Day (World War I) – November 11^th, 2024.
• New Year and Christmas holidays – January 1^st, 2024, to January 7^th, 2025.
• The Day of the Republic of Serbia – February 15^th, 2025, to February 17^th, 2025.
• Faculty Patron Saint’s Day (Blagovesti) – April 7^th, 2025.
• Easter break – April 18^th, 2025, to April 21^st, 2025.
• First May Day holidays – May 1^st, 2025, and May 2^nd, 2025.
• Summer break – July 14^th, 2025, to August 15^th, 2025.

Dean

Milena Jakšić, PhD, Full Professor

Dowload this caledar in PDF.

The Faculty of Economics of the University in Kragujevac announces a Call for enrollment in the first year of UNDERGRADUATE ACADEMIC STUDIES in English language, for academic year 2024/2025. The Call is open for 70 students on study program Economics and business management, who are self-financing studies. The language of the study program is English.

The tuition fee is 2.300 EUR for foreign citizens or RSD equivalent of 2.300 EUR at the middle exchange rate of the National Bank of Serbia on the day of announcing a Call for citizens of the Republic of Serbia. Payment of the tuition should be made according to the payment instructions presented below.

The candidate can enroll undergraduate study program in Economics and business management if:

1. She/he has completed four-year high school program

2. She/he has passed entrance exam consisting of the Test of General Culture and an Interview

3. She/he possess a certificate of English language proficiency – level B2 or proof of completed language course at any level of formal education

4. She/he takes a place at ranking list within the number approved by National accreditation body

Foreign citizens enrol under the same conditions as citizens of the Republic of Serbia in terms of previous education, as per Law on Higher Education (Službeni glasnik RS, No. 88/17, 27/18 - other law, 73/18, 67/19 and 6/20 - other laws) and the general acts of the Faculty of Economics of the University of Kragujevac

The Call is open from June 10 2024, to September 30 2024.

In order to apply to the Call, foreign citizens should submit following documents:

1. Filled out application form (available at the website of the Faculty)

2. Proof of submission of original documents for recognition at the National Agency for Academic Recognition - physical address: Majke Jevrosime 51, 11000 Belgrade, Serbia; e-mail: This email address is being protected from spambots. You need JavaScript enabled to view it. (more information available at https://azk.gov.rs/dokument.php?tip=1&token=1a18odyjrkn4wk0.pdf)

3. Scanned passport

4. Scanned original documents on completed four-year high school education, translated in Serbian by a certified translator

5. Certificate of English language proficiency – level B2 or proof of completed language course at any level of formal education

6. Proof of payment of 120 EUR for the costs of the entrance exam, according to the payment instructions presented below.

After submitting the documents, the candidate will receive an application number, with instruction to access the online account for taking Entrance exam.

In order to apply to the Call, citizens of the Republic of Serbia should submit following documents:

1. Filled out application form (available at the website of the Faculty)

2. Original certificates for each year of the four-year high school education program (for inspection)

3. Photocopies of previously mentioned certificates

4. Original diploma of completed four-year high school program (for inspection)

5. Photocopy of previously mentioned diploma

6. Birth certificate

7. Proof of payment of 15.000 RSD for the costs of the entrance exam, according to the payment instructions presented below.

The photocopies of the documents which are submitted for inspection do not need to be certified. After submitting the documents, the candidate will receive an application number, with instruction to access the online account for taking Test.

The candidates need to submit the required documentation to apply to the Call in the time that will be previously designated. They can do it in person, on working days, from 10AM to 1PM at the Faculty of Economics University of Kragujevac, Liceja Kneževine Srbije 3, 34000 Kragujevac, Serbia, or by e-mail, at This email address is being protected from spambots. You need JavaScript enabled to view it. with notation “Documentation for enrolling undergraduate studies in English language” in subject field.

Entrance exam and ranking

The entrance exam consists of the Test of General Culture and an Interview. The Test consists of 30 questions with four possible answers, out of which only one is correct. Each correct answer gives candidate one point. The Test will be held online at the platform provided by Faculty, on a previously designated time date and time. Candidates will be informed about the exact time at least 5 days in advance. Instructions for access to the platform and taking Test will be given to candidates upon registering their documentation for enrollment. This page will offer students a book of potential questions for the Test, as well as the opportunity to take trial Test few days before the real one. Interview consists of motivation letter provided by students in electronic form on designated time.

The ranking of the candidates are determined by the points achieved at the Test of General Culture and on Interview. Maximum number of points on both steps of entrance exam is 30. The rankings of the candidates are determined by summing the average grades the candidate achieved in allfour grades of high school (maximum number of points is 40) and at the Test of General Culture and Interview (maximum number of points is 60). The maximum number of points a candidate can achieve is 100. The preliminary ranking list of candidates will be published both on website of the Faculty and its bulletin board on.

The candidates may file a complaint to the Enrollment Committee on the regularity of the entrance exam or her/his place on ranking list within 24 hours from the publication of the ranking list. At the proposal of the Enrollment Committee, the Dean decides on the complaint, within 24 hours of the moment of its reception.

The final ranking list of candidates which will serve as a basis for the enrollment will be published both on website of the Faculty and its bulletin board.

Enrollment of candidates

Enrollment of candidates into study program will be conducted in the premises of Faculty of Economics in time that will be announced on the webiste of the Faculty and its bulletin board. A candidate who does not enroll by the set deadline will be considered to have given up enrollment.

In order to enroll this study program, foreign citizen should submit following documents:

1. Original documents on completed four-year high school program and their translation, as well as the decision on their recognition by the National Agency for Academic Recognition, which can be submitted before the start of the academic year;
2. Two identical 35x45mm photos;
3. Certificate of payment tuition fee (first installment): 1.150 EUR, according to payment instructions presented below;
4. Certificate of residence issued by the Ministry of Interior in Belgrade, Department for Foreigners, Savska Ulica 35, 11000 Belgrade;
5. Health insurance certificate, issued by Department for Foreign Insurance, Nemanjina 30, 11000 Belgrade, or by any other private insurance company.

In order to enroll this study program, citizens of the Republic of Serbia should submit following documents:

1. Four-year high school diploma;
2. Two identical 35x45mm photos;
3. Certificate of payment tuition fee (first installment): RSD equivalent of 1.150 EUR at the middle exchange rate of the National Bank of Serbia on the day of announcing a Call, according to payment instructions presented below.

Upon enrollment, student signs a study contract with the Faculty of Economics University of Kragujevac. All student will receive student book and appropriate SV form to fill.

Payment instructions for the cost of the entrance exam and tuition fee:

1. for payment in EUR:

Bank: Narodna Banka Srbije – NBS, Kralja Petra 12, 11000 Beograd, Srbija SWIFT: NBSRRSBGXXX

IBAN: RS35840000000004179082

Reference number: Application number of candidate

Recipient: Faculty of Economics, University of Kragujevac

2. for payment in RSD

Bank account: 840-570666-83

Reference number: Application number of candidate

Recipient: Faculty of Economics, University of Kragujevac

You can find full text of this Call here. 

In September 2023, the Faculty of Economics obtained accreditation for study program of undergraduate academic studies Economics and Business Management in English. In order to promote the Faculty on the international education market, on March 15, 2024, a contract was signed with Sekvoja Trade LLC from Belgrade. It is a company that has been successfully operating in this industry for several years in the Republic of Serbia and thanks to which a large number of foreign students have started their education here. The company has already demonstrated its experience in bringing students to the University of Kragujevac during the promotion of the Faculty of Medical Sciences. Through the partnership with the company Sekvoja Trade, the Faculty expects to enroll the first group of foreign students during this summer.