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Full Professor

1. Entrepreneurship
2. Organizational behaviour
3. Corporate finance
4. Financial Management

Office: 301

Consultation Hours: Monday 14.00-15.00, Tuesday 17.00-18.00

Phone: +381 11 26 26 027

E-mail: svetislav.paunovic@bba.edu.rs


Paunović Svetislav was born on February 3, 1961 in Beograd. He graduated at the Faculty of Economics (University of Beograd) in 1983. He acquired MA degree in 1986 and PhD in 1992 at the Faculty of Economics (University of Beograd).

From 1985 to 1992 he was engaged in the Economic Institute in Beograd as researcher, working with different projects in the field of economic and regional development, economic restructuring and business investment.

From 1992-2008 he was engaged at the Faculty of Management BK teaching Entrepreneurship and Small business management.

He has been working at Belgrade Banking Academy since 2008, teaching Entrepreneurship, Corporate finance, Organizational behaviour, Financial management.

He was the Member of SME Board in Chamber of Economy of Beograd and the Member of SME Board in Chamber of Economy of Serbia.

He established very intensive international cooperation with numerous institutions and individuals in the fields of his professional interests. In 1989 he visited Faculty of Economics in Trondheim and Institute for Regional Research in Oslo (Norwegian Government Scholarship), in 1990 London School of Economics and St. Catherine College, Cambridge and in 1994 he realised study visit in Canada (Brock University and Toronto University). As visiting professor, he realized study trip to Greece at the Athens University of Economy and Business in 2000 and in 2008 study trip to Italy at the Faculty of Management in Turin. He was a guest lecturer at the 5th International Week at the Faculty of Business and Law, Frankfurt University of Applied Sciences in 2012.

Important papers and projects:


1. Paunovic S., Dimic M. (2016), Different Approaches in Financing Entrepreneurship projects – case of Serbia, in Entrepreneurship for a Sustainable Economy, Faculty of Business Studies and Law, Faculty of Strategic and Operational Management, Beograd.

2. Paunovic, S. (2015), Entrepreneurial University: driving force of economic growth, u MISRA, Sasi (ur.), AWASTHI, Dinesh (ur.). Eleventh biennial conference on entrepreneurship, Bookwell, Delhi, India

3. Paunovic, S., Man, M.(2014), Communication in Business Leadership, in Smarandache, F. et al., Current Communication Difficulties, Zip Publishing, Ohio

4. Dima I.C., Paunović S. (2013), Operative Management of Industrial Production, u Industrial Production Management in Flexible Manufacturing Systems, IGI Global, Pennsylvania, USA

5. Paunovic S. (2012), Preduzetništvo (Entrepreneurship), Data Status, Beograd

6. Paunovic S. (2003), Preduzetništvo - od biznis ideje do realizacije, treće dopunjeno izdanje, Fakultet za menadžment BK, Beograd.


1.  Dimić M., Paunović S., Arsenijević O. (2018). “Analysis of the Business of the Insurance Sector in the Countries of CEE in the Condition of Crisis“, International Journal of Economics and Law, vol.8, no.22, p.37-47

2.   Dimić M., Paunović S., Stanković Lj. (2017). “Ownership Transformation of the Insurance Sector in the Region of Central and Eastern Europe in the Period of Crisis“, International Journal of Economics and Law, vol.7, no.20, p. 9-19

3. Paunovic S., Dima I.C. (2014). “Organizational Culture and Corporate Entrepreneurship”, Annals of the University of Petroşani, Hunedoara – vol. 14(1), p. 87-92

4. Paunovic, S., Dimic, M.,(2014). “Economic Development in CEE in Times of Crises, Poslovna ekonomija, vol.2., p. 97-113.

5. Paunovic, S. (2014). “Ljudski resursi i preduzetnička kultura u savremenim kompanijama, in Impact of Internet on Business Activities in Serbia and Worldwide, Univerzitet Singidunum, Beograd, elektronski optički disk (CD-ROM), p. 217-220.

6. Paunovic S.(2013). “Youth Entrepreneurship in Serbia – existing barriers and supporting initiatives“, in Post Crisis Recovery, BBA and Institute of Economic Sciences, Beograd, p.609-619,

7. Paunovic S., Paunović M.(2012). “Financing Alternatives for Serbian SMEs“, Valahian Journal of Economic Studies, vol.3., issue 2, p. 87-92

8. Paunović S., Paunović M. (2012). “Financing Entrepreneurship in Times of Crisis – case of Serbia“, in Innovative Management and Business Performance, FON, Beograd, p. 652-658

9. Malovic M., Paunovic S. (2012). “Flow of Funds in Balkan Banks: Narrow Banking or Narrow Escape?“, in European Integration Process in Western Balkan Countries, Faculty of Economics, University of Coimbra, (Portugal), p. 564-588.

10. Paunovic S. (2010). “ Innovation Policy Measures and Entrepreneurship Development in Serbia“, in Global Crisis in the Central-Eastern European Region – Influence on financial system and small and medium-sized enterprises, Czestochowa University of Technology, BBA and Institute of Economic Sciences, p. 205 -213

11. Paunovic S. (2009). “Entrepreneurial University – the case of Serbia“, in Comparative Study on Entrepreneurship Education-National case Studies, Faculty of Economics, Technical University Kosice, p. 319-330

12. Paunovic S. (2009). “Entrepreneurship- development factor in transitional economies”, in Challenges of economic sciences in the 21st Century, Institute of Economic Sciences 50th Anniversary international conference, Beograd, p. 268-273.


1. Mid-term evaluation of SECO Entrepreneurship Program (SECO EP) in Serbia, 2017.

2. Assistance to Regional Policy Development at National Level- Serbia, 2011-2012.

3. Technical Support to Enterprise Policy and Innovation, 2008-2010.

4. Support to Development of Enterprise Strategy in Serbia, 2008.

5. Enterprise Development and Entrepreneurship Program in Serbia, 2004-2007.

6. Non-financial Support to SMEs in Serbia, 2001-2004.