WHY AN MBA AT VUM?
VUM is a top choice for getting your MBA degree. The institution is one of the very few places in Bulgaria where you can study international business in truly international environment.
The courses are taught entirely in English. Classes are small and encourage cross-cultural dialogue and personal connections. As a top business school in Bulgaria, VUM gained the trust of Cardiff Met to award British degrees. We carry the exceptional privilege to award degrees without the usual requirement for students to spend a year in the UK.
There are many benefits of getting your MBA and the most significant one is the great career opportunities in today’s corporate world.
“According to a 2013 survey by the Graduate Management Admission Council, Ninety-two percent (92%) of class of 2012 alumni were employed at graduation—the highest employment rate reported in this survey for any graduating class since 2003. Nearly 7 in 10 had secured a job before leaving graduate business school. Оverall, 85 percent of alumni attribute the advancement in their careers to their graduate business education. (…) Not only do MBA graduates have better employment options, they also earn more money than people who haven’t been awarded the degree.”
Course contents of the following core modules:
- People & Organisations
- Accounting for Decision Makers
- Operations Management
- Management of Finance
- Buyer Behaviour and Relationship Marketing
- Strategic Management
- Dissertation – is an intellectually challenging piece of individual management research, that develop students’ ability to make critical and evaluative judgments.
The programme gives you the opportunity to select a specialisation in a special field. To complete the MBA with a specialisation, students must get into a group of 10 persons and complete two specialised modules and to defend a dissertation in the specialised area. If a group has not been gathered, then students will study and graduate with General MBA diploma. As a modern school educating according to the most recent academic supply and business demand needs, we have managed to “master the mix” of MBA education. VUM has recently introduced to its MBA students the unique opportunity to choose a pathway and guarantee a flying start of their career within the sectors with highest demand of MBA graduates – finance, health, marketing, production and HR.
The specialist pathways, with their compulsory modules that VUM offers are:
MBA Project Management
MBA Product Development Management
MBA Health Sector Management
MBA International Finance
MBA Human Resources
The elective modules to the specialist pathways are:
- Project Management Theory and Practice
- Project Management Case Studies
- Finance for International Business
- Capital Markets and Derivatives
- Managing People in a Global Context
- Leadership and Developing People
- Product Development Management
- Managing the Product Development Process
- Buyer behaviour and Relationships in a Global Context
- Strategic Global Marketing
- Health Cognitive Informatics
- Health Sector Project Management
The elective modules are offered when requested by a certain number of students.
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
Bachelor Degree Qualification
The prospect student needs to have successfully obtained his bachelor degree from an officially accredited university in Bulgaria or abroad, which is recognized in the order required by the National Education Act, article 5 and has obtained minimum 180 ECTS number of credit. The applicant is required to have achieved average mark “good” or 60% from their bachelor’s studies; Note: if still studying his Bachelor degree at an official statement from the university is required. Relevant Management experience and professional or another additional qualification are considered as competitive advantage;
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 (IELTS). The minimum scores required are IELTS 6.0. 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 enroll in a preparatory English language course at VUM or opt for an additional language module.
INTERNATIONAL - NON-EU CITIZENS
High School Qualification along with a Bachelor Degree Diploma
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) along with successful completion of a Bachelor degree programme with minimum number of ECTS credit 180. Note: if still studying his Bachelor degree at an official statement from the university is required. Relevant management experience and professional or another additional qualification are considered as competitive advantage;
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 (IELTS). The minimum scores required are IELTS 6.0. 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.
VUM campuses in Varna and Sofia. All accepted students are going to be enrolled as full-time students. Classes are scheduled on Thursday and Friday evenings (from 18:00 – 21:00h) and on Saturdays (09:00-16:00h), which allows them to carry out their professional duties while studying.
STARTING DATE: Classes of each new academic year starts in the beginning of October:
A university degree at an internationally recognized business school can be hard to afford for many ambitious, hard-working and talented prospective students. We, at Varna University of Management, believe that motivation and desire to grow should be encouraged.
That is why we have tried to keep our tuition fees at a very acceptable level. VUM in partnership with business owners and entrepreneurs has introduced a number of opportunities such as admissions scholarship, scholarship for excellent results, for extracurricular activities and sports achievements. VUM has also introduced a payment in installments scheme in order to provide as many committed to success future business leaders and software engineers as possible!
As an MBA graduate, you can add not only banking, financial management, accounting, and economics to your long list of possible career option but you can use this as a start point for higher-level positions in other fields as well. An MBA can open doors for management positions in any field. Some of the top MBA careers include positions in public relations, advertising, sales, marketing, and event management.
VUM prepares its master’s students for the highly competitive labor market and provides them practical advice and expertise. VUM maintains excellent connections with the businesses field and place its students in different agencies, governmental institutions, NGO and other organisations in the UK, Germany, Spain, Portugal, Lithuania, Latvia, etc.