Study program Finance and Banking
Four - year study program
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 significant role in the stability of the global economy, meaning it is directly or indirectly connected to all of us. Finance and banking is a study program for all those who wish to work in the field of finance (accountants, bankers). The studies last for four years, or eight semesters.
Through the study program, you will become acquainted with the essence and practical significance of the fundamental principles of finance, learn to recognize the characteristics and types of various financial instruments (bonds, stocks, savings deposits, loans, financial derivatives, etc.), and understand the principles of valuing financial instruments, namely the basic factors that influence an investor’s decision on where to invest their money.
The program also includes subjects from the field of accounting, where you will be introduced to the basic techniques of asset accounting, and the accounting recording of income and expenses…
Bachelor's degree
Finance and banking is a study program that will help you develop your analytical skills, as well as your skills in making conclusions. There are numerous pre-established theories that can help you decide which financial decision is best, but here you will learn that each situation is different. Pre-established theories will help you see things, but it does not mean they can always be implemented as they are.
For this reason, here you will learn to develop your “sense” for dealing with unpredictable matters, which will be your best ally as future economists.
The four-year studies cover 40 subjects that students need to pass. Each semester includes mandatory and elective subjects. From the possible two elective subjects, students choose only one. From a possible three subjects, two are chosen. From possible four subjects, students choose only two.
Upon graduation, you will earn the professional title of Bachelor of Economics (Module: Finance and banking).
Study program four - year degree program
1 SEMESTER
-
MicroeconomicsRequired
6 ECTS
-
Business MathematicsRequired
6 ECTS
-
Essentials of ManagementRequired
6 ECTS
-
English Language 1Required
6 ECTS
-
Business EthicsElective
6 ECTS
-
Information SystemsElective
6 ECTS
2 SEMESTER
-
MacroeconomicsRequired
6 ECTS
-
Accounting PrinciplesRequired
6 ECTS
-
StatisticsRequired
6 ECTS
-
English Language 2Elective
6 ECTS
-
Introduction to BusinessElective
6 ECTS
-
Business CommunicationElective
6 ECTS
3 SEMESTER
-
Marketing PrinciplesRequired
6 ECTS
-
EntrepreneurshipRequired
6 ECTS
-
Commercial LawRequired
6 ECTS
-
Russian language 1Required
6 ECTS
-
Managerial EconomicsElective
6 ECTS
-
Monetary EconomicsElective
6 ECTS
4 SEMESTER
-
Public FinanceRequired
6 ECTS
-
Organizational BehaviorRequired
6 ECTS
-
Financial AccountingRequired
6 ECTS
-
Pricing Policy in MarketingElective
6 ECTS
-
Russian Language 2Elective
6 ECTS
-
Business PsychologyElective
6 ECTS
5 SEMESTER
-
Financial Markets and InstitutionsRequired
6 ECTS
-
Business PlanningRequired
6 ECTS
-
InsuranceRequired
6 ECTS
-
BankingRequired
6 ECTS
-
Human Resource ManagementElective
6 ECTS
-
Bank MarketingElective
6 ECTS
6 SEMESTER
-
Corporate FinanceRequired
6 ECTS
-
Financial AnalyticsRequired
6 ECTS
-
Financial ManagementRequired
6 ECTS
-
Risk ManagementElective
6 ECTS
-
Strategic ManagementElective
6 ECTS
-
Strategic MarketingElective
6 ECTS
7 SEMESTER
-
SecuritiesRequired
6 ECTS
-
International FinanceRequired
6 ECTS
-
RevisionRequired
6 ECTS
-
E-BusinessRequired
6 ECTS
-
Project ManagementElective
6 ECTS
-
Operative ManagementElective
6 ECTS
8 SEMESTER
-
International TradeRequired
6 ECTS
-
InvestmentsRequired
6 ECTS
-
International Economic RelationsElective
6 ECTS
-
Bank ManagementElective
6 ECTS
-
Change ManagementElective
6 ECTS
-
Foreign Exchange SystemElective
6 ECTS
-
Bachelor’s ThesisRequired
6 ECTS
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 or
- in Bitola, located at Novachki Pat No. 16 – 7000 Bitola, 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.