Study program Finance and Banking

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
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
-
MicroeconomicsRequired
6 ECTS
-
Business MathematicsRequired
6 ECTS
-
Principles of ManagementRequired
6 ECTS
-
Principles of AccountingRequired
6 ECTS
-
English Language 1Required
6 ECTS
2 SEMESTER
-
MacroeconomicsRequired
6 ECTS
-
StatisticsRequired
6 ECTS
-
English Language 2Required
6 ECTS
-
Commercial LawRequired
6 ECTS
-
Business EthicsElective
6 ECTS
-
Introduction to BusinessElective
Elective
-
Russian LanguageElective
-
TitleInformation Technology in BusinessElective
3 SEMESTER
-
Marketing PrinciplesRequired
6 ECTS
-
EntrepreneurshipRequired
6 ECTS
-
Monetary EconomicsRequired
6 ECTS
-
Public FinanceRequired
6 ECTS
-
Financial AccountingRequired
6 ECTS
4 SEMESTER
-
Financial ManagementRequired
6 ECTS
-
Organizational BehaviorRequired
6 ECTS
-
Pricing Policy in MarketingRequired
6 ECTS
-
InsuranceRequired
6 ECTS
-
Business PsychologyElective
6 ECTS
-
Business CommunicationElective
6 ECTS
-
Applied EconomicsElective
6 ECTS
-
Product ManagementElective
6 ECTS
5 SEMESTER
-
Bank MarketingRequired
6 ECTS
-
Business PlanningRequired
6 ECTS
-
BankingRequired
6 ECTS
-
Securities and Portfolio ManagementRequired
6 ECTS
-
Project Managementrequired
6 ECTS
6 SEMESTER
-
Corporate FinanceRequired
6 ECTS
-
Financial Statement AnalysisRequired
6 ECTS
-
Risk ManagementRequired
6 ECTS
-
Financial Markets and InstitutionsRequired
6 ECTS
-
Strategic ManagementElective
6 ECTS
-
Strategic MarketingElective
6 ECTS
-
Operations ManagementElective
6 ETCS
-
Economic TheoriesElective
6 ETCS
7 SEMESTER
-
Accounting for Business ManagementRequired
6 ECTS
-
International FinanceRequired
6 ECTS
-
Foreign Exchange SystemRequired
6 ECTS
-
E-BusinessRequired
6 ECTS
-
Local Government FinanceRequired
6 ECTS
8 SEMESTER
-
International TradeRequired
6 ECTS
-
InvestmentsRequired
6 ECTS
-
AuditingRequired
6 ECTS
-
International Economic RelationsElective
6 ECTS
-
Bank ManagementElective
6 ECTS
-
Change ManagementElective
6 ECTS
-
Public Sector EconomicsElective
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.
