International Business and Management

VUM’s International Business and Management Programme is designed to develop strategic thinkers with vision and unique approach on international business.

The program builds leaders capable of discussing cultural, ethical and social issues for international business and suggesting policies of corporate social responsibility.

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. Upon completion of this programme you will have your own point of view on and insights into businesses strategic organisational behaviour, information systems and human resources management. You will be able to differentiate business management within global, regional and domestic context.

The “International Business and Management” programme is accredited by the Bulgarian National Evaluation and Accreditation Agency in the academic field of “Economics”.

The core modules of the programme are:

  • Economics and business environment
  • Marketing and business communications
  • Foreign Languages: (English as a main one and second foreign language)
  • Research methods
  • Accounting and Finance
  • Management
  • Organisational Behaviour
  • Marketing Research and Marketing Communications
  • Business Planning (upon selection)
  • Entrepreneurship (upon selection)
  • International Business Culture
  • International Marketing (upon selection)
  • Change Management (upon selection)
  • Strategic Management (upon selection)
  • Information Systems Strategic Management (upon selection)
  • International Business Management

Find detailed programme specification here.

The elective modules and the second foreign language module are offered when requested by a certain number of students.

Lecturers

The lecturers team is consisted of VUM lecturers approved by the British academic partner Cardiff Metropolitan University (Cardiff Met), along with guest speakers from the UK. The contents of all examinations passed through the prior approval of the Quality Committee of Cardiff Met. VUM students receive their user names and passwords in order to access the free educational materials in the beginning of each academic year. The online information access connects them with enlarge basis of global electronic database containing the necessary books, materials and research articles. All teaching methods and resources are entirely tired with the academic partner of VUM – Cardiff Met.

At VUM, we are committed to give chance to as many motivated and ambitious students as possible to start their bright future in Business, Hospitality, Computer Sciences and IT. Varna University of Management follows strictly the Rules and Regulations issued by the Ministry of Education and Science of the Republic of Bulgaria.

EU CITIZENS / BULGARIAN NATIONALS

High School Qualification

The prospect student needs to have successfully obtained secondary education from an officially recognized secondary school (high school) in Bulgaria or High School Diploma from an officially recognized secondary (high) school from another country, which is recognized in the order required by the National Education Act, article 5; Note: if still studying at a secondary (high) school, preliminary application is possible;

English Language Skills

English is the language of instruction, therefore prospective students have to demonstrate English language skills through an internationally recognized English Language Certificate (IELTS, Pearsons,​​​Trinity College London, Cambridge En​g​lish Advanced).
VUM entrance test follows the structure of Cambridge English: Business Vantage. The tests normally include some higher level tasks from Business Higher to test the listening, reading, writing and speaking skills of postgraduate candidates and some lower level tasks from Business Preliminary for the students applying for a bachelor degree programme.
The Business Vantage level (Grade B – from 174 to 180 on the Cambridge scale) is aligned to the B2 level of the Common European Framework. Grade B, which is the minimum level accepted for admission to the bachelor and the master degree programmes at VUM, falls between bands 6 and 6.5 of IELTS (band 6 corresponds to 169 -175 on the Cambridge scale).
The Cambridge Business test components and structure are much the same as the IELTS Academic test format, measuring the four main skills at a comparable level of difficulty and at the same time it focuses on business-related language.
Please, follow the two links to the Cambridge Assessment website, providing a further understanding of the exams comparability.
VUM entrance test is conducted at the premises of VUM and invigilated by a VUM instructor. Prospective students may try an on-line test before arriving at VUM. Regardless of the online test results, candidates are subject to an entrance test conducted at the premises of VUM.
Note: upon an insufficient level or lack of English language skills, the prospect student can enrol in a preparatory English language course at VUM
Cambridge English Scale results reporting | Cambridge English
B2 Business Vantage results | Cambridge English

Application Steps

Application Steps for Bulgarian citizens/Bulgarian nationals or candidates with double citizenship, one of which is Bulgarian

Document Submission: 

1. Scanned/ photographed copies of documents are accepted at this stage

2. Short application form available here

3. High school (secondary education) diploma or a letter confirming the year and semester of studies, if application takes place prior to graduating from high school

4. English Language Certificate (if available)

5. Passport or ID (for non-Bulgarian citizens)

INTERNATIONAL - NON-EU CITIZENS 

High School Qualification

The prospect student needs to have successfully obtained secondary education from an officially recognized secondary school (high school with average mark of 62% from the general subjects; Note: if still studying at a secondary (high) school preliminary application is possible;

English Language Skills

English is the language of instruction, therefore prospective students have to demonstrate English language skills through an internationally recognized English Language Certificate (IELTS, Pearsons,​​​Trinity College London, Cambridge En​g​lish Advanced).
VUM entrance test follows the structure of Cambridge English: Business Vantage. The tests normally include some higher level tasks from Business Higher to test the listening, reading, writing and speaking skills of postgraduate candidates and some lower level tasks from Business Preliminary for the students applying for a bachelor degree programme.
The Business Vantage level (Grade B – from 174 to 180 on the Cambridge scale) is aligned to the B2 level of the Common European Framework. Grade B, which is the minimum level accepted for admission to the bachelor and the master degree programmes at VUM, falls between bands 6 and 6.5 of IELTS (band 6 corresponds to 169 -175 on the Cambridge scale).
The Cambridge Business test components and structure are much the same as the IELTS Academic test format, measuring the four main skills at a comparable level of difficulty and at the same time it focuses on business-related language.
Please, follow the two links to the Cambridge Assessment website, providing a further understanding of the exams comparability.
VUM entrance test is conducted at the premises of VUM and invigilated by a VUM instructor. Prospective students may try an on-line test before arriving at VUM. Regardless of the online test results, candidates are subject to an entrance test conducted at the premises of VUM.
Note: upon an insufficient level or lack of English language skills, the prospect student can enroll in a preparatory English language course at VUM.
Cambridge English Scale results reporting | Cambridge English
B2 Business Vantage results | Cambridge English

Application Steps

Application Steps for foreigners, citizens of EU or non-EU countries

Document Submission

1. Scanned/photographed copies of documents are accepted at this stage

2. Short application form available here

3. High school (secondary education) diploma or letter confirming the year and semester of studies, if application takes place prior to graduating from high school

4. English Language Certificate (if available)

5. Passport

6. Application Review and Interview

All accepted students are going to be enrolled as full-time students.

Classes for Varna and Sofia campus are scheduled from Monday to Wednesday (inclusive) from 9:00 to 14:00. Practical sessions will be set on the other days of the week on a pre-planned schedule that will be provided to the students.

Tuition Fee: 1950 Euro per semester

Duration of study: 6-8 semesters

Starting Dates: October/ February

For the full-details about the tuition fees and scholarships, please visit this page:https://vum.bg/tuition-fees

Once you graduate, you are qualified to occupy positions in the field of strategic management and marketing, international business planning, HR, brand management, sales, finance and in many other realms of global business. You will be placed for a compulsory internship after the first and the second year of their education in companies not only in Bulgaria but in United Kingdom, Germany, Spain, Greece, Malta, Lithuania, Latvia etc.