Scholarships, tution fees and funding

Obtaining a university degree from an internationally recognized business school can be financially difficult for very ambitious, persistent and talented prospective students. We at the Varna University of Management (VUM) believe that motivation and desire for development should be encouraged.

That’s why we try to keep tuition fees affordable. In addition, we have provided a number of opportunities for financial support – a scholarship for newly admitted students, a scholarship for excellent results, a scholarship for extracurricular activities and sports achievements.

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Bachelor programs

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Duration of training: 6-8 semesters

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Start dates: October/February

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Campuses: Varna, Dobrich, Sofia

Masters programs

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Duration of training: 3/4 semesters.*

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Start dates: October

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Campuses: Varna

*Depending on the profesional direction of the bachelor’s program and the number of credits

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We at the Varna University of Management (VUM) believe that motivation and the pursuit of development should be encouraged.

Each student at the Varna University of Management (VUM) has the opportunity to receive a scholarship in the amount of 1000 to over 4000 BGN per year (according to the conditions of the Ministry of Education and the European Social Fund), depending on the application result and success during study at VUM. VUM offers two main types of scholarships – for prospective students and for full-time students.

Training fees

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Tuition Fee Bachelor’s Programme
*with English language training

1500 € per semester for EU and EEA citizens
1950 € per semester for non-EU and EEA citizens

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Tuition Fee MBA Programme
*For 3 semesters

1500 € per semester for EU and EEA citizens
1950 € per semester for non-EU and EEA citizens

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Tuition Fee MBA Programme *Optional 4th semester, required depending on undergraduate education profile

900 €

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Tuition Fee IHTM MSc Programme
*For semesters 1 and 2

1500 € per semester for EU and EEA citizens
1950 € per semester for non-EU and EEA citizens

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Tuition Fee IHTM MSc Programme *For semesters 3 (mandatory) and 4 ( optional), required depending on undergraduate education profile

900 €

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Application Fee (non-refundable)

100 €

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VUM Student Status fee

50 € per semester for EU and EEA citizens
450 € per semester for non-EU and EEA citizens

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Cardiff Metropolitan University BA programmes registration fee

450 € per semester (for the last two semesters)

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Cardiff Metropolitan University Master’s programmes registration fee

450 € per semester (for 3 semesters )

Scholarships