The subject of Master thesis has to be defined at the beginning of studies. That is one of preliminary conditions for enrolling the Studies. Master thesis has to be chosen according to:

1. the intellectual and professional interests of the candidate;
2. its capacities to provide special knowledge for development and economic reform in Montenegro.

In the realization of the idea we will respect the following basic principles:

1. The principle of individual choice – each participant has an opportunity to choose and compete for a specific given subject;
2. The market principle – the market defines the profile of MBA theses (interested institutions, companies, Government, Schools, non-profitable organizations, etc.)
3. The network principle - All MBA theses and candidates are part of knowledge network in Montenegro (complementarity, networking)
4. Knowledge convertibility – Modern and current topics provide links with the rest of the world
5. The principle of respecting development trends in Montenegro – the knowledge which will be current in the near future will be regarded as relevant, and not the topics which were popular in the past.

In this way we have included all teachers from the University of Montenegro, who believe in new megatrends of development. The main criterion of engagement is knowledge, not the title. The market will define the quality of knowledge, which can be shown through:

1. Student’s right to chose his/her mentor;
2. Readiness of the institution which gives financial support to the student;
3. Practical contribution of every lecturer to the development of economic theory. It is measured by the number of works published and scientific meetings and conferences attended in Montenegro and abroad in the last 3-5 years;
4. Status of the consultant in domestic and foreign companies;
5. Contribution to the development of Montenegrin economic theory measured by specific activities (organization, mentor status, new ideas etc.);
6. Contribution to better quality of knowledge in the undergraduate studies measured by encouraging students to get new knowledge, willingness to be a mentor to undergraduate students, choice of discipline and courses, supporting students to get scholarships for courses abroad, finding new job positions for students, etc.

While working on his/her MBA thesis, every student will be in touch with:

1. Mentor and all the members of the Committee, who are obliged to give motivational and intellectual support to the student (and not only to check on candidates’ work);
2. Professors from other institutions, who are engaged to work with students during their work on MBA theses;
3. Providing an opportunity for students to go for specialization or exchange somewhere abroad (or to some international company) while working on their MBA theses;
4. Students’ practice in domestic and/or foreign companies and institutions in Montenegro.