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NEW! Master's Programme International Financial Management taught in English

Form of study: full-time

Study period: 3 semesters, winter semester admission for economists and non-economists

Director: Assoc. Prof. Marcellin Yovogan, PhD

e-mail: myovogan@feb.uni-sofia.bg

Administrator: Assoc. Prof. Nadia Velinova-Sokolova, PhD

e-mail: nadya.sokolova@feb.uni-sofia.bg


Tuition fees in Sofia University for the academic 2023 / 2024 year


Aim of the programme: the programme is implemented jointly with the University of Bordeaux, France, and admitted students are enrolled simultaneously at the Faculty of Economics and Business Administration of Sofia University and the University of Bordeaux. The main objective of the Master's programme is for students to acquire in-depth knowledge of in the various aspects of financial activities of enterprises of all sizes: investment, accounting, financing, relationship between managers, owners and lenders, financial risk management, business restructuring and strategic policies, financial management of businesses in globalizing economies; the challenges of managing international capital and cash flows, behavioral aspects, etc.

Graduates of the programme are to obtain a Master of International Financial Management diploma. Successful graduates receive two diplomas: one from Sofia University "St. Kliment Ohridski" and one from the University of Bordeaux.

Admission requirements: admission is in three stages, which include:

  • Acceptance of application documents - cover letter, copy of academic transcripts and a copy of the diploma. After receiving the documents and if approved, the applicant is invited for an interview;
  • The interview is conducted by a joint admission committee from the University of Bordeaux and Sofia University "St. Kliment Ohridski". The main objective of the interview is to assess the student's motivation for joining the programme and the possibilities of pursuing a career in the field of applied finance.
  • Ranking of candidates based on the overall grade point average formed by the grade point average of the previous degree (Bachelor or Master's degree), the grade obtained in the defense of the bachelor's or master's thesis, and the interview grade.

The Master's programme is fee-paying only. Fees are announced each year by both universities.

Possible implementation of the graduates of the Master's programme: mainly in the different structures of administrative and financial management of production and commercial enterprises, as well as for financial analysis in financial institutions. Successful graduates can also be employed in governmental, regional and international organizations as financial experts, financial managers, heads of financial and administrative departments in international and multinational companies, mergers and acquisitions experts.

The duration of the studies is 1.5 years (3 semesters). Classes are taught by highly qualified lecturers from Bordeaux University, Sofia University and by professionals from practice, holding high positions in multinational companies. As part of the classes are taught by the University of Bordeaux, students will have the opportunity to complete a one-month academic placement at the University of Bordeaux during the second semester of their studies.

The training includes:

  • Basic training - compulsory subjects building the professional specialization of a Master in corporate finance and decision making, financial accounting and analysis, international financial markets, international portfolio management and investments, etc.
  • Professional training - free elective training in fintech and digital banking, electronic payments, business law, modern approaches in international finance, case studies in sustainable finance and responsible investment, etc.
  • Optional training up to students' choice in entrepreneurship, innovation management in the organization, macroeconomics, microeconomics, etc.
  • Practical training in the form of an internship in an enterprise, financial or other institution.

Although the main teaching method is based on real cases, students are given solid ground knowledge in all aspects of modern financial theories. The programme combines the best aspects of the theories and their applications in real life. That is why after graduation graduates are well sought after in the financial market.

Students graduate by developing and defending a master's thesis in April and November.


Application procedure

Recognition of higher education acquired at a foreign higher education institution

How to apply for a student visa and a Bulgarian ID card for a long-term residence