VUM’s Business and Management Programme is designed to develop strategic thinkers with vision and unique approach on international business!
✔️ Varna University of Management (VUM) is one of the leading educational institutions offering a Business Management Programme in Bulgaria. The language of instruction is English and students complete their education with two degrees. Upon successful graduation and meeting the requirements of our strategic academic partner Cardiff Metropolitan University, UK, along with their Bulgarian degree from VUM, they are awarded a British Degree BA(Hons) Business Management.
✔️ The program builds leaders capable of discussing economic, cultural, ethical and social issues for international business and suggesting policies of corporate social responsibility. Students acquire important theoretical knowledge in economic, management and behavioral sciences, finance, human resources, marketing and entrepreneurship, information technologies, business innovations, business ethics, administrative culture and others.
✔️ Problem-based and case-based learning techniques that we apply during the course of education are related to the actual business practice and lead to creativity and innovative thinking when dealing with real cases in the business practice.
✔️ This program develops your ability to assess international investment, intercultural organizations and their integration into local contexts on one hand and into the global financial system, on the other.
VUM has an extensive and sophisticated network of more than 200 active academic partners, where our students can carry out their obligatory practical training. Thus, they get a real opportunity to create contacts, gain skills and experience in a real environment and lay the foundations for their future successful business realization.
The courses are taught entirely in English. Classes are small and encourage crosscultural dialogue and personal connections. As a leading business school in Eastern Europe, VUM has the exceptional privilege to educate students from start to graduation in programmes leading to Cardiff Metropolitan University’s British degree. And this is without the usual requirement for students to spend a year in the UK. VUM students follow a synchronized curriculum with Cardiff Metropolitan University and have to meet the same high standards in learning and examinations.
Students have the opportunity to choose the duration of the program, namely:
3-year period of study (6 semesters) – students graduate with a Bulgarian Professional Bachelor’s degree in International Business Management, issued by VUM and a British Degree BA(Hons) International Business Management by Cardiff Metropolitan University, United Kingdom. 4-year period of study (8 semesters) – students graduate with a Bulgarian Bachelor’s degree in International Business Management, issued by VUM and a British Degree BA(Hons) International Business Management by Cardiff Metropolitan University, United Kingdom.
You can find detailed information on scholarship opportunities, semester tuition fees and student loans here.
We at VUM offer short and clear steps for admission of candidates. The main requirements for students are high motivation, good results from the high school diploma and a good level of English language proficiency.
In the process of admission Varna University of Management strictly follows the rules and regulations of the Ministry of Education and Science of the Republic of Bulgaria.
You can find information here.
There are many benefits of studying in International Business and Management Programme and the most significant one is the numerous career opportunities, both in Bulgaria and abroad.
Obtaining degree in International Business Management gives the opportunity for professional realization in the management of own business, small and medium enterprises, for occupying managerial positions in areas such as strategic management and marketing, international business planning, human resources, brand management, sales, finance and a number of other fields of world business. Successful graduates will be prepared for a wide range of positions, such as marketing and communications manager, sales manager, market analyst, project manager, human resource specialist and others.
At VUM we prepare our students for the highly competitive global labour market and provide them with practical advice and expertise. VUM maintains excellent contacts with business partners in Bulgaria, Europe, the USA, and more, thanks to which our graduates have the opportunity to spend up their practical training and to successfully start their career in various partner institutions and organizations all over the world.
The specialty is studied in a regular form of education. The lectures are held from Monday to Friday and include lectures and practical classes.
• Economics (10 ECTS)
• Accounting (5 ECTS)
• Business communications (5 ECTS)
• Management (5 ECTS)
• Research and statistics (5 ECTS)
• Information technologies (5 ECTS)
• Marketing and business environment (10 ECTS)
• Finance (5 ECTS)
• English (5 ECTS)
• Second foreign language (5 ECTS)
• Summer internship I (10 ECTS)
• Human Resource Management (5 ECTS)
• Organisational Behaviour (10 ECTS)
• Marketing research (5 ECTS)
• Entrepreneurship and project management (5 ECTS)
• Intercultural awareness for business (10 ECTS)
• Managerial accounting (5 ECTS)
• English (5 ECTS)
• Second foreign language (5 ECTS)
Summer internship II (10 ECTS)
• International business management (10 ECTS)
• International business and cultural diversity (10 ECTS)
• Diploma project (10 ECTS)
• Diploma seminar
• English (10 ECTS)
• Second foreign language (10 ECTS)
Block 1:
• Employability (5 ECTS)
• Business planning (5 ECTS)
• Fundamentals of commercial law (5 ECTS)
Block 2:
• Marketing communications (5 ECTS)
• Corporate social responsibility (5 ECTS)
• Social entrepreneurship (5 ECTS)
• Sustainable development (5 ECTS)
• Investment management (10 ECTS)
• International business ethics (10 ECTS)
• International and global marketing (10 ECTS)
*Note: Elective modules are subject to availability and demand; as such, not all elective modules may run in one Academic Year.
Optional modules* provide students with the opportunity to acquire knowledge and skills in various scientific fields. Optional modules are not related to the degree and they are not a compulsory component of the programme of study.
*Note: Optional modules are subject to availability and demand; as such, not all optional modules may run in one Academic Year.
• Economics (10 ECTS)
• Accounting (5 ECTS)
• Business communications (5 ECTS)
• Management (5 ECTS)
• Research and statistics (5 ECTS)
• Information technologies (5 ECTS)
• Marketing and business environment (10 ECTS)
• Finance (5 ECTS)
• English (5 ECTS)
• Second foreign language (5 ECTS)
• Human Resource Management (5 ECTS)
• Organizational Behaviour (10 ECTS)
• Marketing research (5 ECTS)
• Entrepreneurship and project management (5 ECTS)
• Managerial accounting (5 ECTS)
• English (5 ECTS)
• Second foreign language (5 ECTS)
• Work Experience I (10 ECTS)
• Intercultural awareness for business (10 ECTS)
• Leadership and Change Management (10 ECTS)
• English (5 ECTS)
• Second foreign language (5 ECTS)
• Work Experience II (10 ECTS)
• International business management (10 ECTS)
• International business and cultural diversity (10 ECTS)
• English (10 ECTS)
• Second foreign language (10 ECTS)
• Diploma project (10 ECTS)
• Diploma seminar
Block 1:
• Employability (5 ECTS)
• Business planning (5 ECTS)
• Fundamentals of commercial law (5 ECTS)
Block 2:
• Marketing communications (5 ECTS)
• Corporate social responsibility (5 ECTS)
• Social entrepreneurship (5 ECTS)
• Sustainable development (5 ECTS)
Block 1:
• Market segmentation and product positioning (10 ECTS)
• Buyer behavior (10 ECTS)
• Game theory (10 ECTS)
• Digital marketing (10 ECTS)
• Investment management (10 ECTS)
Block 2:
• Financial Project management (10 ECTS)
• Global market trends (10 ECTS)
• Strategic management (10 ECTS)
• Revenue management (10 ECTS)
• Investment management (10 ECTS)
• International business ethics (10 ECTS)
• International and global marketing (10 ECTS)
*Note: Elective modules are subject to availability and demand; as such, not all elective modules may run in one Academic Year.
Students must normally satisfy the minimum entry criteria for admission of students at VUM (see admission requirements at VUM’s webpage). For enrolling on the Programme (Level 6/Year 3) with Accreditation to Prior Learning, students must have successfully completed all modules on their Programme curriculum for the preceding academic years at VUM.
September (applies to Level 6/Year 3 only)
Students whose first language is other than English will need to provide evidence of fluency to at least an IELTS 6.0 standard or equivalent. This is evidenced either by a valid IELTS certificate or equivalent, or by equivalent results in the English language module achieved during the first two/three years on the Programme at VUM.
The Programme is based on the Cardiff Met’s model for modular degrees in that students are required to successfully pass 360 British credit points (180 ECTS) for an honours degree. Since this is a one year top-up Programme all students will be credited with 240 British credit points (120 ECTS) following Cardiff Met’s procedures for Accreditation to Prior Learning upon successful completion of all modules on their Programme curriculum for the preceding academic years at VUM.
| Module Name | British credit points |
| English Business Communication and Contemporary Global Issues | 20 |
| International And Global Marketing | 20 |
| International Business And Cultural Diversity | 20 |
| International Business Management | 20 |
| Dissertation or Enterprise Project | 40 |
| Final Award – BA (Hons) International Business Management | 120 |
* Disclaimer: Programme and module changes could be triggered by a number of reasons; such as validation and revalidation, developments in the subject area, responsive changes in light of student feedback, changes to the academic staff, external requirements from regulators or accrediting bodies or updates in teaching and assessment methods.
We make every effort to ensure that information on this website relating to our degree Programmes is as accurate as possible, however, it is suggested that applicants request updated Programme information during their application process.
Students must normally satisfy the minimum entry criteria for admission of students at VUM (see admission requirements at VUM’s webpage). For enrolling on the Programme (Level 6/Year 4) with Accreditation to Prior Learning, students must have successfully completed all modules on their Programme curriculum for the preceding academic years at VUM.
September (applies to Level 6/Year 4 only)
Students whose first language is other than English will need to provide evidence of fluency to at least an IELTS 6.0 standard or equivalent. This is evidenced either by a valid IELTS certificate or equivalent, or by equivalent results in the English language module achieved during the first two/three years on the Programme at VUM.
| Module Name | British credit points |
| English Business Communication and Contemporary Global Issues | 20 |
| International And Global Marketing | 20 |
| International Business And Cultural Diversity | 20 |
| International Business Management | 20 |
| Dissertation or Enterprise Project | 40 |
| Final Award – BA (Hons) International Business Management | 120 |
* Disclaimer: Programme and module changes could be triggered by a number of reasons; such as validation and revalidation, developments in the subject area, responsive changes in light of student feedback, changes to the academic staff, external requirements from regulators or accrediting bodies or updates in teaching and assessment methods.
We make every effort to ensure that information on this website relating to our degree Programmes is as accurate as possible, however, it is suggested that applicants request updated Programme information during their application process.
