WHY AN MBA AT VUM?

VUM is the best choice for getting your British MBA degree in Bulgaria. The institution is one of the very few places in Bulgaria where you can study international business in a truly international environment.

BOOST YOUR CONFIDENCE IN YOUR MANAGEMENT ABILITIES

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.”

KEY FACTS

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!

DURATION OF STUDY -
3 SEMESTERS* (1 CALENDAR YEAR)

STARTING DATE -
FEBRUARY, OCTOBER

LOCATION -
VARNA, SOFIA

*There is an additional 4th semester for students who had obtained a Bachelor’s Degree in a different field of science.

ENTRY REQUIREMENTS

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.

Bachelor's Degree
Resume/CV
Personal Statement
Two recommendation letters
Proovement of English Language (IELTS 6.5 or equivalent) - institutional exam at VUM available

CAREER PATH

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.

GET CONNECTED

OUR MBA LECTURERS

Stanislav Ivanov is currently Professor and Vice Rector (Research) at VUM. Dr. Ivanov is the Editor-in-chief of the European Journal of Tourism Research and serves in the Editorial boards of 30 other journals.

PROF. STANISLAV IVANOV

DENITZA BORISOVA

PROF. MICHAEL MINKOV

Violina Ratcheva has worked for over 15 years in the UK as a Research Fellow in European Business (Nottingham Trent University), Research Consultant (BDO Stoy Hayward), Lecturer at The University of Nottingham), Lecturer at The University of Sheffield) and Research Consultant at BDO Stoy Hayward (UK).

VIOLINA RATCHEVA, PHD

Prof. Blagoev has been a Marketing Consultant for over 100 Bulgarian and foreign companies, including Philips Components, Nina Ricci, Intel, SPARKY and DSL.

PROF. VESSELIN BLAGOEV

CEO of FINCOM EOOD - lighting production services

ASSIST. DIYAN DIMOV

24 years of teaching and training experience in the field of academic and professional management training programs (IUC - Portsmouth University, BA study and Cardiff Metropolitan University - MBA study programs, IBS - Breda University, IBS - City University, IHR - CIMA training courses in Bulgaria).

SVETLANA DRENSKA, PHD

CURRICULUM AND ADMISSION REQUIREMENTS

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.

Master of Business Administration

People & Organisations
Accounting for Decision Makers
Operations Management
Management of Finance
Marketing
Buyer Behaviour and Relationship Marketing
Strategic Management
Innovation Management
Brand Management
Leadership & Change Management

Dissertation

The dissertation is an essential part of the process of achieving a master’s level. It will provide the students with the opportunity to work independently and develop their ability to make critical and evaluative judgments. Students will specialize in an area of their choice but will be expected to draw upon a major theme of the taught part of the MBA and relate this to research. Using primary data, they will be guided by a personal tutor throughout the process. It is expected that this will provide an opportunity to integrate the course with practice, developing the ability to be an effective reflective practitioner. The dissertation should demonstrate that the student is able to produce work that is relevant in practice, particularly at the strategic level, and has an academic standing at the master’s level.

Admission Requirements

A filled-out International Student Application Form
Personal statement (Section 8 of the international student application form). It must have the date when it was filled out and the applicant's name. It must also be signed by the applicant.
A bachelor or master-level degree. Applicants whose academic achievement is 3rd Class Honors cannot be registered on the program unless they have at least 5 years of work experience
An English language certificate. (IELTS 6.5 +, Cambridge Advanced, Successful English language entrance exam at VUM, a British or US bachelor or master degree)
Two letters of recommendations from an employer or a lecturer, on an official form, with the logo of the employer's or lecturer's organization. The letters should be submitted to VUM as color scans.
An identification document: an identity card for Bulgarian citizens; an international passport for foreign citizens. The document should be submitted to VUM as a high-resolution color scan.
A passport-size photograph. It should be submitted to VUM as a high-resolution color scan.
A resume (CV) in English

TESTIMONIALS

"The time I have spent at VUM was every useful and productive for me being able to explore the newest views over economic theories and practice.
The environment at VUM has shown me and others that tolerance and competitivness can go hand in hand together."

Milen Marinov, MBA Student
Hotel Manager, Viking Cruise

"The main reason to choose VUM was that I wanted to avoid the "standart" type of education,
to step out of my comfort zone and to build up my knowledge."

Plamena Stoyanova, MBA student
Sales Director, The Home Bulgaria

"It was one of the targets in my Professional life to study MBA degree at a reputable university."

Ozgur Hocaoglu, MBA student
Quality Manager, Şişecam Flat Glass