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Postgraduate Economics and Construction Management (MSc)

Lviv Polytechnic National University
Lviv
Institute of Economics and Management (IEM)

Entrance Exam Description

During the selection process we examine the competency of the applicant in two ways:
The faculty decides about the eligibility of the applicant by examining the documents of previous studies (degree, subject, results). This is followed by an entrance exams that evaluate the level of study-language and specialty exam.
The exams can be conducted online. In order to validate the entrant’s person, exams taken remotely are recorded on video, as is the person verification process. The recording is archived for at least five years on University’s grounds and the link to that recording is available in the united base of Ministry of Education of Ukraine.

Program Structure

Year 1
Semester 1
- Construction economics and enterprise management (costing, pricing, budgets).
- Project management for construction (scope, time, quality, stakeholders).
- Cost estimation & quantity surveying (BoQ, take-offs, 5D basics).
- Contracting, tendering & procurement (incl. FIDIC concepts).
- Managerial economics & decision-making for projects.
- Research methods & academic writing.
Semester 2
- Investment analysis & feasibility (NPV/IRR, cash-flow models).
- Scheduling & project controls (CPM, EVM in Primavera/MSP).
- Risk management in construction projects.
- BIM integration for cost and schedules (4D/5D).
- Construction law & compliance (UA/EU standards).
- Industrial internship / case project.

Year 2
Semester 3
- Electives (pick 2–3): sustainable construction & ESG/LCA; real-estate/PPP economics; supply-chain & contracts; data analytics for managers.
- Master’s research project leading to the Master’s Thesis & Defense.

Overview

Learn to plan, price, and manage construction projects and enterprises with a blend of economics, project management, and industry standards.
The curriculum covers investment analysis, cost control, tendering and contracting, risk and scheduling, and the economics of sustainable construction.
Training is tied to real sector needs through LPNU’s management/economics institute and construction ecosystem.
Main edge: it’s an economics-driven construction management master’s—students master financial, contractual, and managerial tools specific to the building industry, not just general business theory, and it’s offered as an English-taught option for international students.

Career Opportunities

Here are strong, real-world paths for graduates:
- Project manager or construction manager.
- Cost estimator/quantity surveyor.
- Project controls/scheduler.
- Procurement and supply-chain specialist.
- Contract/tender manager.
- Financial or investment analyst.
- Sustainability/ESG analyst.
- Consultant or entrepreneur in construction economics.

Apply now! Academic year 2026/27
Application deadline
31 Oct 2026 19:46
Studies commence
01 September 2026
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