Why choose an MBA at VUM?

✔️ Varna University of Management (VUM) is among the leading educational institutions offering an MBA program in Bulgaria. We offer one of the few opportunities to study international management in a real international environment. The educational program is taught entirely in English, and students receive two diplomas - Bulgarian from VUM and British from our strategic academic partner Cardiff Metropolitan University.

✔️ The long-term efforts and activity of the academic community of VUM invariably lead to international recognition. In 2019, the university for the third consecutive year was ranked first in the world by the criterion "Student Mobility" according to the rating system U-Multirank, and the master's program in business administration is ranked 5th in Central and Eastern Europe in the ranking of Eduniversal Best Masters for the same year.

Important information

All modules are taught entirely in English. Small groups are formed to promote intercultural dialogue and interpersonal contacts. As a leading business school in Eastern Europe, VUM has the exclusive privilege of offering programs leading to a British degree from Cardiff Metropolitan University throughout the training period. And without the usual requirement for students to spend a semester or academic year in the UK. VUM students follow a synchronized curriculum with their colleagues at Cardiff Metropolitan University and must meet the same high standards in both the learning process and the exams.

Place of study

Varna, Sofia

Language of instruction


Beginning of the learning process

October / February

Duration of training

3-4 semesters
(depending on the professional field and the acquired educational-qualification degree of higher education)

Scholarships, fees and student loans
Detailed information on scholarship opportunities, semester tuition fees and student loans
Admission Requirements
We at VUM offer short and clear steps for the admission of candidates who have decided to continue their education in the master's programs we offer. The main requirements for students are high motivation, good results from their bachelor's degree and a good level of English. 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.


Depending on the chosen teaching corps, the lectures are held on Thursday and Friday after 17:30 and on Saturday from 9:00 to 17:00. The program is made in a regular form, suitable for employees.

  • People and organisations (10 ECTS)
  • Accounting for decision makers (10 ECTS)
  • Marketing (10 ECTS)
  • Operations management (10 ECTS)
  • Strategic management (10 ECTS)
  • Management of finance (10 ECTS)
  • Consumer behaviour: knowing your consumer (10 ECTS)
  • Dissertation (15 ECTS)
  • Ethical research issues (5 ECTS)

Credits - 90 ETCS

Career development

✔️ Completing an MBA program provides many benefits, the most significant of which are the numerous career opportunities for such professionals. By completing the MBA program at the Varna University of Management , you are not only practically prepared for successful professional realization in the fields of marketing and advertising, finance, accounting, human resources, but you can use the accumulated experience and knowledge as a starting point for higher education. managerial positions in your field of professional development. The MBA diploma opens opportunities for reaching managerial positions in all areas of business, as the widest realization of MBA graduates is in the fields of public relations, advertising, sales, marketing and event management.

✔️ VUM prepares its masters for the highly competitive labor market by providing them with practical advice, guidance and opportunities for career development. The university maintains excellent relations with business in Bulgaria, Europe, USA, etc., which is a prerequisite for conducting practice and future realization of students in various partner institutions and organizations around the world.



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