Our degree in International Trade & Finance is a specialized course of study of the international dimensions of Economics. One of the most cited intellectual giants of economics defined economics as “…a study of man in the ordinary business of life…”.

Upon graduating this degree at VUM you have the full potential of launching a career in Financial Institutions, Insurance Companies, Non-Financial Corporations, Government Agencies, Educational Institutions, Trade/Labor Organizations.

The programme is within the academic field of “Economics”.
The core modules of the programme are:

  • Economics and business environment
  • Marketing and business communications
  • Research methods
  • Accounting and Finance
  • Law Basics
  • Financial accounting
  • Trade Law
  • Quantity methods in finance
  • Corporate finance
  • Analysis and evaluation for investment projects
  • Financial bookkeeping
  • International trade
  • Personal Finance
  • International financial management
  • Behavioural finance
  • International accounting
  • Entrepreneurship

Apart from the above core modules of study students should also choose two elective modules from the list below:

  • Business economics
  • Organizational behaviour
  • Business operations
  • Financial fraud prevention
  • International trade politics
  • Financial markets
  • Public Finance management
  • Tax politics
  • European economic development and integration

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, wherefore the prospect student needs to demonstrate English language skills through an internationally recognized English Language Certificate (TOEFL IBT, SAT, IELTS or similar). The Minimum scores are as follows: TOEFL IBT with score of min. 79 points; SAT over 1000 points from two sections; IELTS 6.0(or equivalent score from another testing system) Note: if there is no such certificate, the prospect student can hold an English language exam organized by VUM in-house or online - minimum score: 60%. Note: upon an insufficient level or lack of English language skills, the prospect student can enrol in a preparatory English language course at VUM or opt for an additional language module.

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, wherefore the prospect student needs to demonstrate English language skills through an internationally recognized English Language Certificate (TOEFL IBT, SAT, IELTS or similar). The minimum scores are as follows: TOEFL IBT with score of min. 79 points; SAT over 1000 points from two sections; IELTS 6.0(or equivalent score from another testing system); Prospect students whose native language or language of instruction at school is English, are exempt from the English Language Skills requirement. Note: if no certificate, the prospect student can hold an English language exam organized by VUM in-house or online. Note: upon an insufficient level of lack of English language skills, the prospect student can enrol in a preparatory English language course at VUM or opt for additional language module.

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 on evening times during the week (from 18:00 – 21:00h) and on Saturdays (09:00-16:00h), which allows students to work while studying and to carry out their professional duties.

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/

There is a broad range of career opportunities in international banking, financial management, business development and trade. Graduates can choose a career path that aligns with their area of interest, such as management or sales. Students may consider becoming management analysts, sales manager, etc.
All students in this programme have two obligatory internships during their education. These internships last minimum 2 months, maximum 3-4 months and take place in a small or large financial agencies, banks, accounting agencies, etc.