Study program
Finance and Banking

finance-and-banking (Custom)

Четиригодишни студии

Study program: Finance and Banking
Faculty: Faculty of economics and organization of entrepreneurship
Degree: Bachelor’s degree / undergraduate / first cycle
Location: Sveti Nikole or Bitola, Republic of North Macedonia
Student status: full-time or part-time
Duration of study:  4 years (8 semesters)
Total number of courses: 40
ECTS: 240
Awarded degree: Bachelor of economics (Module: Finance and Banking)
Tuition fee per year for international students: EUR 2030

Finance plays a vital role in the functioning and stability of the global economy, influencing individuals, businesses, and institutions both directly and indirectly. The Finance and Banking degree program is designed for students who wish to pursue careers in finance, banking, or accounting. The program lasts four years and consists of eight semesters.

Throughout the program, you will gain an understanding of the fundamental principles of finance and their practical applications. You will explore the characteristics of various financial instruments, including bonds, stocks, savings deposits, loans, and financial derivatives. You will also learn how these instruments are valued and examine the key factors that influence investment decisions.

The program also includes courses in accounting, where you will learn the fundamental techniques for recording assets, income, and expenses, as well as other essential accounting procedures.

Bachelor's degree

Available at Sveti Nikole and Bitola.

The Finance and Banking degree program will help you develop strong analytical and decision-making skills. Although many established theories can help you determine the most appropriate financial solution, you will learn that every situation is different. These theories provide a valuable framework for understanding financial issues, but they cannot always be applied exactly as presented.

For this reason, the program will also help you develop the judgment needed to handle unpredictable situations—an essential skill that will serve you well as a future economist.

The four-year program consists of 40 courses that students must successfully complete. Each semester includes both required and elective courses. Depending on the available options, students choose one of two electives, two of three electives, or two of four electives.

Upon graduation, you will earn the professional title of Bachelor of Economics in Finance and Banking.

Study program
four - year degree program

1 SEMESTER

  • Microeconomics
    Required

    6 ECTS

  • Business Mathematics
    Required

    6 ECTS

  • Principles of Management
    Required

    6 ECTS

  • Principles of Accounting
    Required

    6 ECTS

  • English Language 1
    Required

    6 ECTS

2 SEMESTER

  • Macroeconomics
    Required

    6 ECTS

  • Statistics
    Required

    6 ECTS

  • English Language 2
    Required

    6 ECTS

  • Commercial Law
    Required

    6 ECTS

  • Business Ethics
    Elective

    6 ECTS

  • Introduction to Business
    Elective

    Elective

  • Russian Language
    Elective
  • TitleInformation Technology in Business
    Elective

3 SEMESTER

  • Marketing Principles
    Required

    6 ECTS

  • Entrepreneurship
    Required

    6 ECTS

  • Monetary Economics
    Required

    6 ECTS

  • Public Finance
    Required

    6 ECTS

  • Financial Accounting
    Required

    6 ECTS

4 SEMESTER

  • Financial Management
    Required

    6 ECTS

  • Organizational Behavior
    Required

    6 ECTS

  • Pricing Policy in Marketing
    Required

    6 ECTS

  • Insurance
    Required

    6 ECTS

  • Business Psychology
    Elective

    6 ECTS

  • Business Communication
    Elective

    6 ECTS

  • Applied Economics
    Elective

    6 ECTS

  • Product Management
    Elective

    6 ECTS

5 SEMESTER

  • Bank Marketing
    Required

    6 ECTS

  • Business Planning
    Required

    6 ECTS

  • Banking
    Required

    6 ECTS

  • Securities and Portfolio Management
    Required

    6 ECTS

  • Project Management
    required

    6 ECTS

6 SEMESTER

  • Corporate Finance
    Required

    6 ECTS

  • Financial Statement Analysis
    Required

    6 ECTS

  • Risk Management
    Required

    6 ECTS

  • Financial Markets and Institutions
    Required

    6 ECTS

  • Strategic Management
    Elective

    6 ECTS

  • Strategic Marketing
    Elective

    6 ECTS

  • Operations Management
    Elective

    6 ETCS

  • Economic Theories
    Elective

    6 ETCS

7 SEMESTER

  • Accounting for Business Management
    Required

    6 ECTS

  • International Finance
    Required

    6 ECTS

  • Foreign Exchange System
    Required

    6 ECTS

  • E-Business
    Required

    6 ECTS

  • Local Government Finance
    Required

    6 ECTS

8 SEMESTER

  • International Trade
    Required

    6 ECTS

  • Investments
    Required

    6 ECTS

  • Auditing
    Required

    6 ECTS

  • International Economic Relations
    Elective

    6 ECTS

  • Bank Management
    Elective

    6 ECTS

  • Change Management
    Elective

    6 ECTS

  • Public Sector Economics
    Elective

    6 ECTS

  • Bachelor’s Thesis

Admission
requirements

Candidates eligible for admission to the bachelor’s program include those who have completed a four-year secondary education, whether in their country of residence or abroad, and have successfully passed the national or international matura exam (for countries where it is  required).

Our program also welcomes applications from students of other accredited faculties, graduates, and foreign nationals.

We admit candidates without the need for entrance exams, making the application process simpler and more accessible.

Documents
for admission

When applying for admission to the bachelor’s program from outside the Republic of North Macedonia, students are required to prepare the following documents:

  • Diploma/Certificate for completing secondary education (certified with an Apostille Stamp or a stamp from the respective Ministry of Foreign Affairs for countries not members of the Hague Convention);
  • Certificates for each completed year of secondary education;
  • Decision from the Ministry of Education and Science of the Republic of North Macedonia for the recognition of the diploma for completed secondary education (our university offers assistance in obtaining this document);
  • Birth Certificate;
  • Certificate of Citizenship;
  • 4 passport-size color photographs.

The application documents should be submitted to the International Slavic University in Sveti Nikole, located at Marshal Tito No. 77 – 2220 Sveti Nikole, Republic of North Macedonia.

Tuition
fees

For international students, the tuition fee is EUR 2030 per year. International students are required to pay the full amount of the yearly tuition fee at the beginning of the academic year.

For more information please visit the Tuition Fees page.

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